BlackRock Capital Allocation Trust

Frequently Asked Questions About BCAT

What does BCAT invest in?

The BlackRock Capital Allocation Term Trust (BCAT) is a recently established, closed-end investment management company. As a non-diversified entity, it currently operates without a prior operational track record. Its primary goal is to achieve a blend of total return and income for investors, which it aims to do by generating immediate income streams, realizing short-term profits, and fostering long-term capital growth. The Trust's main office is situated in Wilmington, Delaware.

What is the expense ratio of BCAT?

BlackRock Capital Allocation Trust (BCAT) charges an expense ratio of 1.40%. This is the annual fee deducted from fund assets to cover management and operations.

How big is BCAT?

BlackRock Capital Allocation Trust (BCAT) manages $1.63B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is BCAT actively managed or an index fund?

BCAT's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was BCAT launched?

BlackRock Capital Allocation Trust (BCAT) launched in September 2020 and is managed by BlackRock / iShares.

How has BCAT performed?

BCAT's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.