Net Asset Value(s)

NET ASSET VALUE BLACKROCK INCOME STRATEGIES TRUST PLC The unaudited net asset values for the ordinary shares of BlackRock Income Strategies Trust plc at close of business on 27 March 2015 were: 145.49p Capital Only: Debt at par 139.48p Capital Only: Debt at Fair Value 146.72p Including current year revenue: Debt at par XD 140.71p Including current year revenue: Debt at Fair Value XD Notes: 1. Investments have been valued on a bid price basis. 2. Revenue items included in net asset value, with dividends payable deducted on the ex-dividend date. 3. The unaudited NAV above has been calculated on the basis of 288,412,282 Ordinary Shares in issue.
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