Comment by: Anonymous. Posted 14 years ago [2009-09-03 12:30:17]

Actually heard from an internal source that he was "reassigned" as a pm at Blackrock a couple years ago to a marketing role, so he wasn't responsible for the Opportunity fund...

Comment by: Anonymous. Posted 14 years ago [2009-09-01 14:12:33]

Hopefully it does better than the Blackrocks Defined Opportunity Credit Trust, which launched in January 2008. On Blackrock's website, it ranked 3rd to last out of 46 comparable peers and the stock, which IPO'ed at $15, is now at $11/share, having 34% of the fund at one point in Media, and a 4% of net assets position in TXU - hopefully diversification is a risk mgmt tool at 3rd Ave. or they pick better sectors...