BlackRock Health Sciences Term Trust updates risk disclosure on coronavirus outbreak
The fund filed an 8-K under Item 8.01 to update its risk disclosure on the novel coronavirus outbreak, first detected in China in December 2019 and now reported internationally. The filing says the outbreak could affect economies, individual companies and the market in ways that cannot yet be foreseen, and that its impact may be short term or last an extended period.
- Filing describes the novel coronavirus as first detected in China in December 2019 and now detected internationally
- Cited effects include closed borders, quarantines, event cancellations and disruptions to supply chains and customer activity
- Filing notes the impact on developing or emerging market countries may be greater due to less established health care systems
- Filing is dated March 16, 2020 and signed by Janey Ahn, Secretary