BIT News and Press, BlackRock Multi-Sector Income Trust of Beneficial Interest From 10/31/22

Summary We share data on 50-plus high-income opportunities, including over 25 popular bond CEFs and 25 BDCs. We dive deeper into three specific opportunities (including two CEFs and one BDC) that are particularly attractive and worth considering. They yield 13.3%, 10.3% and 7.2%, ...

Summary In 2020, the anti-fossil-fuel crowd left Exxon Mobil for dead, as its share price cratered and its dividend yield ballooned. On Friday, Exxon announced record-breaking earnings and another dividend hike as management remains steadfast in its commitment to oil and gas (and ...

Summary 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 profile. The fund has been able to spectacularly outperform its peers in ...

BlackRock Advisors, LLC announced today that the Boards of Directors/Trustees of fifty BlackRock municipal, taxable fixed income, equity, and multi-asset closed-end funds (the “Funds”) have authorized the renewal of open market share repurchase programs (the “Repurc...

Summary Allspring Multi-Sector Income Fund (ERC) is a global fixed income closed end fund. The fund has three main investment buckets consisting of U.S. High Yield, International Sovereign Bonds and U.S. Investment Grade Securities (MBS, IG Bonds, Securitized IG). The U.S...

BlackRock Advisors, LLC released today share repurchase activity for certain BlackRock closed-end funds (the “Funds”) during the quarter ended June 30, 2022. The Funds have authorized open market share repurchase programs (the “Repurchase Programs”) pursuant ...

BlackRock Multi-Sector Income Trust (NYSE:BIT) had declared $0.1237/share monthly dividend, in line with previous. Payable May 31; for shareholders of record May 16; ex-div May 13. See BIT Dividend Scorecard, Yield Chart, & Dividend Growth. For further details see: BlackRock Multi-S...

BIT is a leveraged bond CEF, focusing on high-yield bonds. The fund offers investors a strong 9.4% distribution yield, amongst other benefits. An overview of the fund follows. For further details see: BIT: Strong High-Yield Bond CEF, 9.4% Distribution Yield, Good Discoun...

Bitcoin (BTC-USD) dropped to below $40K since Friday afternoon as commodities surged, the U.S. dollar rose, and riskier assets like cryptocurrencies fell as the war in Ukraine prompts investors to seek safer bets. Bitcoin (BTC-USD) recently traded at $38.6K, after slipping to as low as $37.7K...

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. The fund is running negative duration via swaps. BIT has trounced the vaunted PIMCO...