Added to YB: 2025-04-21
Pitch date: 2025-04-16
BRLA.L [neutral]
BlackRock Latin American Investment Trust plc
+41.43%
current return
Author Info
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Company Info
BlackRock Latin American Investment Trust plc is a closed ended equity mutual fund launched by BlackRock Fund Managers Limited.
Market Cap
GBP 114.9M
Pitch Price
GBP 2.80
Price Target
N/A
Dividend
6.33%
EV/EBITDA
N/A
P/E
-1.75
EV/Sales
-1.94
Sector
Capital Markets
Category
special_situation
Sunset or Sunrise for the BRLA light?
BRLA.L (overview): Latin American trust w/ 13.4% NAV discount, trading at 292p/298p. 1.25% quarterly dividend (7% yield). 24.99% tender offer in 2026. -35.7% USD NAV return 2024, but +37.8% 2023. Outperforms IBZL ETF by 2%/yr despite higher fees. Top holdings: Vale (6.4x PE, 8.3% div), Petrobras (3.6x PE, 22% div), Grupo Mexico, FEMSA.
Read full article (5 min)