BlackRock Multi-Sector Income Trust (BIT)
| Market Value | 555.26M |
| Revenue (ttm) | n/a |
| Net Income (ttm) | n/a |
| Shares Out | 38.03M |
| EPS (ttm) | n/a |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | $1.49 (10.16%) |
| Ex-Dividend Date | Nov 15, 2024 |
| Volume | 121,682 |
| Open | 14.66 |
| Previous Close | 14.66 |
| Day's Range | 14.58 - 14.67 |
| 52-Week Range | 14.39 - 15.98 |
| Beta | 0.74 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | n/a |
About BIT
BlackRock Multi-Sector Income Trust is a close ended fixed income mutual fund launched by BlackRock, Inc. It is co-managed by BlackRock Advisors, LLC and BlackRock (Singapore) Limited. The fund invests in fixed income markets. It invests primarily in loan and debt instruments and other investments with similar economic characteristic. BlackRock Multi-Sector Income Trust was formed on February 25, 2013 and is domiciled in the United States. [Read more]
News
BIT: Good In Theory, But This Bond CEF Disappoints In Practice
The BlackRock Multi-Sector Income Trust offers a 9.80% yield but faces sustainability concerns due to recent distribution coverage issues. The fund's flexibility to invest in foreign bonds and currenc...
BIT: Premium Normalization For This CEF, 10% Distribution (Rating Upgrade)
The BlackRock Multi-Sector Income Trust has seen a negative performance since our prior 'Sell' rating, with -6.9% price loss in the process. BIT has a multi-asset approach with a bar-belled portfolio,...
BIT: Might Be Time To Sell (Rating Downgrade)
The BlackRock Multi-Sector Income Trust generates high income from a multi-sector portfolio of fixed income securities. Investors who like the BIT fund appear to be too complacent, bidding credit spre...
A Sell Signal For CEF BIT: Its Historic High Premium (Downgrade)
BlackRock Multi-Sector Income Trust outperformed its peers during the recent monetary tightening regime by immunizing the fund from duration via interest rate swaps. The composition of BIT's portfolio...
BIT: Safer Environment For Bonds But This CEF Is Still Overpriced
The BlackRock Multi-Sector Income Trust is a fixed-income closed-end fund that offers a high income for investors. The fund has a current yield of 9.72%, which compares pretty well to many other debt-...
BIT: Some Attractive Characteristics, But The Market Has Overbid The Shares
The BlackRock Multi-Sector Income Trust offers a reasonable 9.80% yield for income-focused investors. The fund invests in safer securities than other funds with higher yields, making it attractive for...
BIT: Fantastic Fund, Terrible Price
BIT is a diversified bond CEF focusing on high-yield bonds. Although returns and distributions have both been quite strong in the recent past, the fund does not currently trade at an attractive price....
BIT: A Well-Managed 9.89%-Yielding Bond CEF, But An Expensive One
The high inflation rate in the U.S. has increased the cost of living, making it difficult for many people to make ends meet. The BlackRock Multi-Sector Income Trust offers a 9.89% yield, providing a p...
BIT: Revisiting A Multi-Asset CEF, 10% Yield
BlackRock Multi-Sector Income Trust has successfully navigated rising interest rates, outperforming its peers by using interest rate swaps and creating a flat duration profile. The fund is now transit...
BlackRock Announces Fiscal Year End Change for BlackRock Multi-Sector Income Trust (BIT)
NEW YORK--(BUSINESS WIRE)--BlackRock Advisors, LLC (“BlackRock”) announced today a change to the tax and fiscal year end (“FYE”) for BlackRock Multi-Sector Income Trust (NYSE: BIT, CUSIP: 09258A107) (...
BIT: Some Good Things, But Distribution Sustainability Is Questionable
Investors are desperate for income today because of the rapidly-rising cost of living. BIT invests in a portfolio of traditional fixed-income and alternative credit securities to provide a high level ...
BIT: High Exposure To CCC Or Lower Credits
The BIT fund provides high income from a portfolio of fixed income securities. I am concerned about BIT as the fund has over 20% of managed assets rated CCC or lower heading into a potentially weakeni...
BIT: This High-Yielding Bond Fund Might Be Worth Considering Today
BIT provides a way to obtain the extra income that is needed to weather today's rising cost of living. The fund invests in a levered bond portfolio to achieve a very high yield.
BIT: When Zero Duration Does Outperform
BIT is a fixed-income multi-sector closed-end fund from the BlackRock suite. BIT is a rare CEF where management chose to take a view on interest rates and positioned the fund with a flat duration prof...
BIT: Strong High-Yield Bond CEF, 9.4% Distribution Yield, Good Discount And Performance
BIT is a leveraged bond CEF, focusing on high-yield bonds.
BIT: Trouncing The Competition
BlackRock Multi-Sector Income Trust (BIT) is a fixed income closed-end fund. The fund has exhibited an extraordinary resilience in the face of the Fed tapering announcement and increased rates.
BIT - Multi-Sector BlackRock CEF With An Active Trading Strategy
BIT is a fixed-income multi-sector closed-end fund from the BlackRock suite. The fund employs an active trading strategy with duration positioning.
Evaluating CEFs: NAV Erosion Is A Bit Of A Concern For BIT
The 8% yield of BIT looks very attractive if the distribution can be maintained. I continue my series digging into CEFs beyond the yield with a look at BIT.
BIT: Strong Leveraged Bond CEF, 8.0% Distribution Yield, Market-Beating Returns, Risky Holdings
BIT is a diversified bond fund, focusing on low-quality, high-yield corporate bonds.
BIT: Beat The Fed With This High-Yielding CEF
BIT invests in a number of securitized bonds, CLOs, and corporate bonds in order to generate income for its investors.
BIT: On The Lookout For A Cheaper PIMCO Alternative
BIT: On The Lookout For A Cheaper PIMCO Alternative
CEF Floating Rate Sector Update: Rates Are Rising Which Should Shine A Light On The Sector
Floating rate ("loan") securities have been out of favor for more than a year as investors saw interest rates plummet. The loan market looks very compelling relative to high-yield fixed coupon bonds. ...
BIT: Recent Increase In Return Of Capital Does Not Look Like A Prosperous Step Into 2021
BIT: Recent Increase In Return Of Capital Does Not Look Like A Prosperous Step Into 2021
3 Higher-Yielding Opportunities You Should Exploit
ARDC is a higher risk mix of loans and fixed coupon bonds that remains very cheap. It's being valued like an all loan funds but has more bonds in it. BIT is a long-term holding for many in the YH serv...