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BlackRock Defined Opportunity Credit Trust

BlackRock Defined Opportunity Credit Trust

Sector: Unit Investment Trusts, Face-Amount Certificate Offices, and Closed-End Management Investment Offices Region: DE, United States


: | New York Stock Exchange: BHL


Similar to: Nuveen Credit Strategies Income Fund, Fidelity China Special Situations Plc, Law Debenture Corp. Plc

BlackRock Defined Opportunity Credit Trust’s (BHL) (the 'Fund') primary investment objective is to provide high current income, with a secondary objective of long-term capital appreciation. The Fund seeks to achieve its investment objectives by investing substantially all of its assets in loan and debt instruments and loan-related and debt-related instruments. The Trust will terminate no later than December 31,2017. Upon termination, the Trust will distribute substantially all of its net assets to shareholders. The Trust's investment objectives and policies are not designed to seek to return to investors that purchase shares in this offering their initial investment of $15.00 per common share on the termination date, and such investors and investors that purchase shares after the completion of this offering may receive more or less then their original investment upon termination..

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