BIT News and Press, BlackRock Multi-Sector Income Trust of Beneficial Interest From 03/07/23

2023-03-07 07:45:00 ET Cryptocurrency may be the most-hyped asset class of the past decade. Crypto started off largely as an academic discussion, as alternatives to traditional currency began to take shape. But over the past few years, the rise of the retail investor served as a catalyst fo...

Summary 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 weakening economy in 2023. The fund pays an attractive 10.0% of NAV distribution t...

(NewsDirect) Alkaline Fuel Cell Power CEO Frank Carnevale joins Proactive's Natalie Stoberman to discuss a sales and marketing agreement with Viridian Hydrogen UAE to expand into the Middle East market. Carnevale told Proactive that Viridian will be able to work with a variety of companie...

Despite all the gloom and doom about the current crypto winter, the blockchain and crypto industry remains remarkably innovative. If anything, the ability to develop next-generation products and services might actually be easier now that there's not the constant media hype to produce something im...

One of the hottest crypto performers thus far in 2023 is BitDAO (CRYPTO: BIT) , up more than 39% year to date. What makes BitDAO so interesting, though, is not its recent performance. Instead, it's that BitDAO has the potential to change the whole crypto game. This is a new way of investi...

Summary First Trust High Income Long/Short Fund (FSD) is a closed-end fund focused on high-yield corporate bonds. The CEF has a long/short mandate, being able to take advantage of market sell-offs via short bond positions. The fund did not make the most of its mandate, only shorting...

Summary 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. The fund is likely to see further share price declines over the coming months as the Federal Rese...

BlackRock Multi-Sector Income Trust ( NYSE: BIT ) had declared $0.1237/share monthly dividend , in line with previous. Forward yield 9.88% Payable Nov. 30; for shareholders of record Nov. 15; ex-div Nov. 14. See BIT Dividend Scorecard, Yield Chart, & Divi...

Summary We share data on 100-plus big-yield opportunities, sorted into four categories: Closed-end funds, master limited partnerships, real estate investment trusts, and business development companies. We dive deeper into four specific opportunities (one from each category) that w...

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%, ...