Blackrock Sustainable American Inc Edison issues update on BlackRock Sustainable AIT
01 Agosto 2023 - 6:59AM
RNS Non-Regulatory
TIDMBRSA
Blackrock Sustainable American Inc
01 August 2023
London, UK, 1 August 2023
Edison issues update on BlackRock Sustainable American Income
Trust (BRSA)
Since July 2021, BlackRock Sustainable American Income Trust
(BRSA) has integrated explicit ESG objectives into its investment
strategy. Managers Tony DeSpirito, David Zhao and Lisa Yang aim to
deliver an attractive level of income and long-term capital growth
from a portfolio of dividend-paying companies that are trading at
attractive valuations and are deemed to be ESG leaders, improvers
or 'sustainability enablers'. The managers highlight that, over the
long term, equities have delivered higher total returns compared
with other asset classes such as cash and fixed income securities.
Data from BlackRock show that value stocks tend to outperform
during periods of high inflation and rising interest rates. Also,
since 1970, in the one, two and three years following a recession,
equities have generated positive returns, with value stocks
outpacing the performance of the broader US market.
BRSA's 5.8% discount to cum-income NAV is wider than the
3.0-5.1% range of average discounts over the last one, three, five
and 10 years and it has the second-highest valuation of the seven
funds in the AIC North America sector. The trust has paid an annual
dividend of 8.0p per share in each of the last five financial
years, using reserves when necessary. BRSA offers an attractive
4.3% yield.
Click here to view the full report.
All reports published by Edison are available to download free
of charge from its website
www.edisongroup.com
About Edison: E dison is a leading research and investor
relations consultancy, connecting listed companies to the widest
pool of global investors. By focusing on the volume and quality of
investors reached - across institutions, family offices, wealth
managers and retail investors - Edison can create and gauge intent
to purchase, even in the darkest pools of capital, and then make
introductions via non-deal roadshows, events or virtual
meetings.
Having been the first company in-market 17 years ago, Edison has
more than 100 employees and covers every economic sector.
Headquartered in London, Edison also has offices in New York,
Sydney and Wellington.
Edison is authorised and regulated by the Financial Conduct
Authority .
Edison is not an adviser or broker-dealer and does not provide
investment advice. Edison's reports are not solicitations to buy or
sell any securities.
For more information, please contact Edison:
Mel Jenner +44 (0)20 3077 5700
investmenttrusts@edisongroup.com
Learn more at www.edisongroup.com and connect with Edison
on:
LinkedIn www.linkedin.com/company/edison-group-/
Twitter www.twitter.com/Edison_Inv_Res
YouTube www.youtube.com/edisonitv
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END
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