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BPP, sad     13-Mar-08 03:32 am    
This fund used to be great (no div cuts, steady performance while other pfd funds cutting divs) Then Blackrock merged with the M. Lynch funds...now yuck....even worse than M.Lynch's PSY and PSW ...In October annual report BPP shows about 25mil in realized losses (bad trading) vs $38mil income..before they pay the auc rate pfd holders!!...borrow some money and buy your own income securities..you might do better.
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ramblinguy2

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BPP, sad
ramblinguy2 (1 Rating) 13-Mar-08 03:32 am  
 
Re: BPP, sad
I'm so far in the weeds on this I'm going to see i...
fax113 Rate it 17-Sep-08 03:00 pm  
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BlackRock Credit Allocation Income Trust III (BPP)

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