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BIT

BlackRock Multi-Sector Income Trust

https://www.blackrock.com/investing/products/249839/blackrock-multisector-income-trust-fund

Industry

Asset Management - Income

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.

Open

14.41

Mkt cap

549M

Volume

50K

High

14.44

P/E Ratio

11.83

52-wk high

15.98

Low

14.41

Div yield

0.10

52-wk low

14.22

BlackRock Multi-Sector Income Trust (BIT) offers a 10.1% dividend yield but faces challenges in income generation, raising concerns about distribution sustainability and NAV growth. The fund's strategy involves leveraging income-oriented assets, but high interest rates pose risks.

Portfolio Pulse from

March 11, 2025 | 11:45 am

BlackRock Multi-Sector Income Trust (BIT) offers a high yield of 10.13%, but its real after-tax yield is less impressive. The fund's heavy investment in mortgages, which are facing delinquency issues, and a high leverage ratio of 36.25% increase its risk profile.

Portfolio Pulse from

March 11, 2025 | 11:30 am

BIT Mining Limited (NYSE: BTCM) reported its unaudited financial results for Q4 and full year 2024. The company completed the first closing of an acquisition of cryptocurrency mining data centers and Bitcoin mining machines in Ethiopia on December 9, 2024.

Portfolio Pulse from

February 28, 2025 | 9:45 pm

BIT Mining Limited (NYSE: BTCM) will release its Q4 and full-year 2024 financial results on February 28, 2025, after the U.S. market closes. The company is a leading cryptocurrency mining firm.

Portfolio Pulse from

February 25, 2025 | 11:45 am

BIT Mining Limited announced the results of its annual general meeting, where shareholders approved an increase in the company's authorized share capital. This includes the creation of 6.8 billion new Class A Ordinary Shares.

Portfolio Pulse from

January 08, 2025 | 10:15 am

The BlackRock Multi-Sector Income Trust (BIT) offers a 10.36% distribution yield, appealing for income-focused investors but lower than its peers. The fund's leverage increases both yield and risk, with a current leverage ratio of 38.32%, higher than its peers. The fund's diversified strategy allows flexibility in asset allocation, avoiding overvalued sectors and focusing on those with better valuations.

Portfolio Pulse from

December 25, 2024 | 10:00 am

BIT Mining Limited has regained compliance with the NYSE's continued listing standards after previously failing to meet the minimum market capitalization and shareholders' equity requirements.

Portfolio Pulse from

December 18, 2024 | 12:00 pm

BIT Mining Limited (NYSE: BTCM) has announced its annual general meeting of shareholders will be held on January 7, 2025, in Akron, Ohio.

Portfolio Pulse from

December 10, 2024 | 9:30 pm

BIT Mining Limited (NYSE: BTCM) is set to acquire 51-megawatt crypto mining data centers and 17,869 Bitcoin mining machines in Ethiopia for $14.28 million.

Portfolio Pulse from

December 03, 2024 | 10:45 am

The SEC has charged BIT Mining Ltd. with violations of the Foreign Corrupt Practices Act (FCPA) due to a bribery scheme aimed at influencing members of the Japanese Parliament.

Portfolio Pulse from

November 18, 2024 | 9:30 pm

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