BHK: Investment Grade Portfolio May Struggle to Maintain 8.7% Yield (NYSE:BHK)

Screen with rising interest rates.

Torsten Asmus

The BlackRock Core Bond Trust (NYSE:BHK) is a closed-end fund paying an attractive 8.7% distribution yield from a portfolio of mostly investment grade securities. While the idea of collecting equity-like returns from investment grade bonds sounds attractive, I fear

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