PCI - BlackRock Income Trust: A Lower Risk Mortgage Bond CEF
This article was first released to subscribers 2 weeks ago. This article was co-produced with Triple F Fred.
Today, I will profile a medium-size CEF bond fund with several interesting attributes. The fund is BlackRock Income Trust (BKT) and is operated by BlackRock (BLK), one of the truly big houses. My efforts with Stanford Chemist's Income Laboratory will be focused on the RIC classification companies within the investing universe. The Regulated Investment Companies are required to pay out 90% of earnings to shareholders or pay a significant penalty. Many idiosyncrasies exist in