Fund Spotlight: Blackrock Capital Allocation Trust (BCAT) | There's No Limit
Summary
The fund is a literal go-anywhere, type of fund. This is a relatively newer fund category called "multi-asset".
The fund is about 55% equity and 40% fixed income and run by the top tier team at Blackrock, with Rick Rieder as the head PM.
Rick has been buying his own fund hand over fist in the last few weeks as the fund's price has slipped below th…
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