BlackRock Income Trust, Inc. (BKT)
| Market Value | 248.87M |
| Revenue (ttm) | 15.45M |
| Net Income (ttm) | 7.94M |
| Shares Out | 21.31M |
| EPS (ttm) | 0.37 |
| PE Ratio | 31.33 |
| Forward PE | n/a |
| Dividend | $1.06 (9.04%) |
| Ex-Dividend Date | Nov 15, 2024 |
| Volume | 83,670 |
| Open | 11.77 |
| Previous Close | 11.81 |
| Day's Range | 11.63 - 11.78 |
| 52-Week Range | 11.06 - 12.67 |
| Beta | 0.44 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | n/a |
About BKT
BlackRock Income Trust, Inc. is a closed ended fixed income mutual fund launched by BlackRock, Inc. The fund is managed by BlackRock Advisors, LLC. It invests in the fixed income markets of the United States. The fund invests in securities of companies that operate across diversified sectors. It invests in securities such as U.S. government sponsored agency securities, non-agency mortgage-backed securities, asset-backed securities, and U.S. treasury obligations. The fund invests its assets in securities that are issued or guaranteed by the US g... [Read more]
News
BKT: Not An Attractive Entry Point After The Decrease In Rates (Rating Downgrade)
BKT has delivered a 9% total return, outperforming the S&P 500, but the current pricing is no longer appealing, prompting a downgrade to 'Hold'. Significant rate narrowing has benefited BKT due to its...
BKT: There Is Both Good And Bad (Rating Upgrade)
I evaluate the BlackRock Income Trust as an investment option and explain why I am no longer bearish on the fund. I previously had a sell rating on the fund due to limited opportunities, and but now I...
BKT: Understand What You Are Buying, MBS Will Likely Deliver
BlackRock Income Trust is a closed-end fund that purchases agency MBS bonds and leverages them to generate high dividends and a rates-based return profile. The fund's 9% distribution yield is not supp...
US financial giants shedding jobs in 2024
A handful of U.S. financial industry heavyweights are cutting jobs to sharpen focus on their core businesses and put themselves on an even keel, after pursuing aggressive growth during the low interes...
BKT: Vulnerable To A Correction And Distribution Cut (Rating Downgrade)
The BlackRock Income Trust offers a high yield of 8.80%, making it an attractive option for income-seeking investors. The fund invests in AA-rated mortgage-backed securities, providing a reasonable yi...
Think You Can't Retire? These 7%+ Dividends Say Otherwise
Let's go ahead and use the quickest, most reliable strategy I know of to kickstart a reliable 7% income stream that rolls our way every month.
Closed-End Funds: Investment-Grade Corporate Fixed-Income Exposure To Consider
Investment-grade corporate-focused closed-end funds offer attractive fixed-income options with higher yields in the current higher-rate environment. Leverage and discounts/premiums in CEFs add volatil...
BKT: Sell Before The Distribution Is Cut
BKT is a leveraged MBS CEF. The fund's distributions are mostly return of capital, with low net investment income and coverage ratios. BKT has few benefits or positives.
BKT: Harnessing The Power Of Agency-Backed Mortgages For Reliable Returns
BlackRock Income Trust offers investors access to high-quality agency-backed mortgages, providing impressive returns with fewer fluctuations and risks than mortgage REITs. BKT has a long track record ...
BKT: Risks Remain Elevated (Rating Downgrade)
The article evaluates BlackRock Income Trust (BKT) as an investment option at its current market price. BKT has not performed well since the last review in 2022, leading to a less-than-bullish rating....
Why The Agency MBS Sector Is Worth A Look Now
Agency MBS is an attractive asset class for income investors due to its cheap valuation, high quality, and diversification benefits. The option-adjusted spread for Agency MBS is elevated compared to c...
BKT: A Conservative Bond Fund For Income
The average American is suffering from high inflation, causing strain on household budgets and the need for additional sources of income. Investors can earn income by purchasing shares of closed-end f...
BKT: It Is Time To Buy Agency MBS Bonds
BlackRock Income Trust is a fixed income closed end fund. BKT focuses on buying AAA Agency MBS bonds and leverages them up to enhance profits.
BKT: Interest Rate And Duration Risk Mar This Otherwise Safe Bond Fund
Investors are desperate for income today, as it is needed simply to maintain our lifestyles in the face of the highest inflation in forty years. BlackRock Income Trust invests in a portfolio consistin...
BKT: A Bond Fund With An 8% Yield And Attractive Valuation
BlackRock Income Trust invests in a portfolio of government and agency securities to provide an income to its shareholders. BKT should be essentially free of default risk, which will undoubtedly appea...
BlackRock Announces Board Approval of a Reverse Stock Split for BlackRock Income Trust, Inc.
NEW YORK--(BUSINESS WIRE)--BlackRock Advisors, LLC announced today that the Board of Directors of BlackRock Income Trust, Inc. (NYSE:BKT) (the “Fund”) approved a 1-for-3 reverse stock split of the Fun...
BKT: MBS Bonds Will Continue To Be Under Pressure
BKT is a fixed income CEF that focuses on AAA Agency MBS bonds. The CEF displays a performance similar to the better-known mREITs NLY and AGNC.
BKT: Worst Probably Over, But Don't Get Overconfident
BKT has had a rough 2022. While there is value in positions here, the same was true a few months ago, and that has not stopped the sharp losses from occurring. The fund does trade at a nice discount t...
BlackRock Income Trust: We Are Not There Yet
BKT is a mortgage backed securities CEF. The vehicle has been negatively impacted by the rise in treasury and mortgage rates.
BKT: What A Difference Two Months Can Make
BKT has been hit hard over the past few months, but I believe this has opened up a potential buying opportunity.
BKT: Risk-Reward Proposition Hasn't Changed Much
BKT has seen some short-term pressure, and its return over the past four months has vindicated a more cautious view. Looking ahead, I am reluctant to advocate getting too bullish here. The fund's prem...
BKT: Moving From Bearish To Neutral After The Fed
The fund has lost more than 4% since we wrote our bearish article. The Fed has finally announced their tapering decision but will be patient on rate hikes.
BKT: Leveraged Agency MBS CEF, Unsustainable Distribution
A reader asked for my thoughts on BKT.
BKT - Leveraged MBS Fund With A 6.5% Yield
BKT is a robust MBS CEF with a strong historical performance. The fund has never traded at a premium in the past decade except in 2021.