BlackRock Enhanced Government:EGF

    Manage Alerts

    Overview

    As of 7/3/2022. NAV as of 7/1/2022.

     Share
    Price
    NAVPremium/
    Discount
    Current$10.51$11.12-5.49%
    52 Wk Avg$12.12$12.49-3.07%
    52 Wk High$13.24$13.100.64%
    52 Wk Low$10.08$10.71-7.22%
    Regular Distribution TypeIncome Only
    Distribution Rate4.68%
    Distribution Amount$0.0410
    Distribution FrequencyMonthly
    Past performance is no guarantee of future results.

    Basic Information

    Investment Objective

    The Fund is a diversified closed-end investment management company that seeks current income and gains. It has an interval fund structure according to which the Fund will annually repurchase between 5% and 25% of its outstanding shares. It invests at least 80% of its assets in US Government and its Agencies securities, including US Government mortgage-backed securities. It may also invest up to 20% of its assets in non-US Government Agency securities of foreign or domestic issuers, including commercial paper, notes, corporate bonds, debentures, asset-backed securities, mortgage-backed securities, corporate loans, sovereign debt securities and money market securities, that are rated in one of the four highest rating categories by at least one of the established rating agencies.

    Capital Structure

    As of 7/3/2022

    Total Investment Exposure:$58.399M
    Total Common Assets:$46.063M
    Common Shares Outstanding:4,142,327
    Leverage

    As of 7/1/2022

    Preferred Share Assets:
    Total Debt (USD): $12.336M
    Regulatory Leverage (USD):
    Effective Leverage (USD): $12.336M
    Effective Leverage (%): 21.12%
    Annual Expense Ratios

    As of 12/31/2021

      Per Common Share
    Management Fees1.01%
    Other Expenses:0.00%
    Baseline Expense: N/A
    Interest Expense:0.01%
    Total: 1.02%
    Fund Management

    Fund Sponsor
    BlackRock

    Portfolio Managers
    Akiva Dickstein, Scott MacLellan

    Basics
    Category: Fixed Income - Taxable-Investment Grade
    Ticker: EGF
    NAV Ticker: XEGFX
    Average Daily Volume (shares): 6,648
    Average Daily Volume (USD): $0.078M
    Inception Date: 10/31/2005
    Inception Share Price: $20.00
    Inception NAV: $19.10
    Tender Offer: No
    Term: No
    Fiscal Year End: December 31
    Third Party Links & Reports

    Distributions

    As of 7/3/2022

    Past performance is no guarantee of future results.
    Distribution History

    Enter declared start and end dates to display distribution history below. Income, Long Gain, Short Gain and ROC breakdowns will only be shown for the past year.

    Declared Date Payable Date Ex Date Distrib Amount Income Long Gain Short Gain ROC

    *Indicates a Special Distribution: A distribution disbursed in addition to the normal distributions paid out by the company.

    Key Information Regarding Distributions
    Avg. Earnings Per Share:
    As of 12/31/2021
    $0.1335
    Annualized Distribution Rate on NAV:
    As of 7/3/2022
    4.42%
    Total Return on NAV (12 months):
    As of 7/3/2022
    -11.63%
    Avg. Portfolio Coupon:
    As of 7/3/2022
    2.91%
    Total % Portfolio Effectively Leveraged:
    As of 7/3/2022
    21.12%

    Pricing Information

    Premium/Discount Information
    Past performance is no guarantee of future results.
    Premium/Discount Information

    As of 7/4/2022

    PeriodAvg Discount
    6 Month-4.63%
    1 Year-3.07%
    3 Year-2.95%
    5 Year-3.55%
    Z-Score

    As of 7/4/2022

    PeriodZStat
    3 Month0.44
    6 Month-0.19
    1 Year-0.95
    Pricing History
    Date NAV Premium / Discount

    Performance

    Calendar Year Total Returns

    As of 6/30/2022
    Category: Morningstar US CEF Investment Grade

    Past 20 Years

    Return YearPriceNAVCategory - PriceCategory - NAV
    YTD-14.85%-12.01%-20.67%-15.21%
    2021-2.91%-0.73%6.10%2.61%
    20206.23%2.34%6.79%7.72%
    20195.20%4.00%22.17%13.63%
    20180.61%0.12%-5.98%-2.32%
    20175.40%4.17%10.93%8.34%
    20160.48%0.82%10.79%8.05%
    20150.14%-0.41%0.71%-1.10%
    20147.11%3.36%8.71%7.36%
    2013-5.98%-1.38%-4.78%0.23%
    20128.16%4.35%13.98%13.94%
    20114.37%4.83%8.46%5.12%
    2010-3.51%4.79%11.32%12.89%
    200912.26%12.85%  
    200812.95%-0.98%  
    2007-7.25%2.04%  
    200610.64%3.96%  
    Past performance is no guarantee of future results.
    Annualized Total Returns

    Returns for periods less than one year are cumulative rather than annualized

    As of 6/30/2022
    Category: Morningstar US CEF Investment Grade

    Past performance is no guarantee of future results.

    Portfolio Characteristics

    Portfolio Characteristics
    Average Coupon:
    As of 7/1/2022
    2.91%
    Number of Holdings:
    As of 3/31/2022
    141
    Annual Portfolio Turnover:
    As of 12/31/2021
    116.00%
    Average Bond Price:
    As of 3/31/2022
    $100.07
    Asset Allocation

    As of 3/31/2022

    Top Sectors

    As of 3/31/2022

    Sector%Portfolio
    Securitized (Super Sector)59.62%
    Government (Super Sector)57.13%
    Government56.37%
    Agency Mortgage Backed50.56%
    Asset Backed7.38%
    Corporate (Super Sector)4.15%
    Corporate Bond4.15%
    Non Agency Residential Mortgage Backed1.68%
    Government Related0.76%
    Swap-0.05%
    Top Holdings

    As of 3/31/2022

    HoldingValue% Portfolio
    United States Treasury Notes 2.875%$9.37M18.05%
    United States Treasury Bonds 3%$5.58M10.74%
    United States Treasury Notes 2%$4.92M9.48%
    Fnma Pass-Thru I 2.5%$2.86M5.51%
    United States Treasury Bonds 1.875%$2.33M4.49%
    Federal National Mortgage Association 3%$2.30M4.42%
    United States Treasury Notes 1.125%$1.89M3.64%
    Federal National Mortgage Association 4%$1.70M3.27%
    Federal National Mortgage Association 3%$2.30M4.42%
    United States Treasury Bonds 1.875%$2.33M4.49%
    Credit Quality

    As of 3/31/2022

    Maturity Breakdown

    As of 3/31/2022

    Country Allocation

    As of 3/31/2022

    Country% Portfolio
    United States - Fixed Income118.70%
    Others - Fixed Income1.72%
    Ireland - Fixed Income0.48%
    Invalid Country - Fixed Income0.00%

    Closed-end fund historical distribution sources have included net investment income, realized gains, and return of capital. For more detailed information on the distributions of a specific fund, please visit the sponsor's website.

    NOTES:

    Distribution type sourced from Morningstar. For specific information about a fund's distribution sources, visit the fund sponsor's website.

    The following information applies to closed-end funds in general: Fund shares are not guaranteed or endorsed by any bank or other insured depository institution, and are not federally insured by the Federal Deposit Insurance Corporation. Shares of closed-end funds are subject to investment risks, including the possible loss of principal invested. There can be no assurance that fund objectives will be achieved. Closed-end funds frequently trade at a discount to their net asset value. NAV returns are net of fund expenses, and assume reinvestment of distributions.

    EWB-2036301PR-E0222X