BlackRock Health Sciences Opportunities Portfolio (BME)
NYSE NYSE Primary NASDAQ (NMS) 
B&M sees new store openings drive profit surge
B&M European Value Retail SA (LSE:BME), the discount retailer, saw its profits hit the top end of guidance for the year as it expanded its store footprint and demand spiked. Full-year underlying earnings reached £629 million, compared to guidance of between £620 million and £630 million, marking a 9.7% jump year-on-year.
Closed-End Funds: 2024 Revisit Of Funds That Never Cut Distributions With Inception Pre-2008
Closed-end funds tend to cut their payouts over time due to negative consequences of leverage during market crashes, leading to potential permanent capital destruction. Today, we are looking to revisit the six funds that have inceptions prior to the 2008/09 Global Financial Crisis that have still never cut their regular distributions. A long history of no-cuts can be important for income-focused investors, but we also examine coverage and valuations to determine whether they are worth exploring further.
