BlackRock ESG Capital Allocation Trust Price & Performance (ECAT)

BlackRock ESG Capital Allocation Trust announced a $0.2998 per share dividend, payable June 2 to shareholders of record as of May 15. Notably, 89% of this payout is classified as return of capital, highlighting concerns about principal erosion for investors seeking steady income from this ESG-focused closed-end fund.12

The BlackRock ESG Capital Allocation Trust stock has been downgraded to a sell candidate after a recent price dip to $16.18. Despite previous buy signals, technical indicators now point to potential further declines, with short-term traders advised to watch for support around $16.00 and increased volatility.3

BlackRock has declared May dividends for several closed-end funds, including ECAT ($0.2998), BCAT ($0.2813), and others. These payouts, set for late May, reflect a mix of income and significant return-of-capital components, underlining ongoing strategies to balance investor income with long-term capital management.45