BIT News and Press, BlackRock Multi-Sector Income Trust of Beneficial Interest From 06/02/23

2023-06-02 12:39:58 ET Summary BlackRock Multi-Sector Income Trust has successfully navigated rising interest rates, outperforming its peers by using interest rate swaps and creating a flat duration profile. The fund is now transitioning to taking duration risk again as rates peak...

2023-05-23 05:25:27 ET Summary Investors are desperate for income today because of the rapidly-rising cost of living. BIT invests in a portfolio of traditional fixed-income and alternative credit securities to provide a high level of current income to its shareholders. The fun...

(NewsDirect) Cleantech Power CEO Frank Carnevale joins Natalie Stoberman from the Proactive newsroom to share its latest Combined Heat Power (CHP) assets and the impact this new acquisition has on the company's growth and achieving positive EBITDA. Carnevale says the company is acquir...

(NewsDirect) Cleantech Power Corp CEO Frank Carnevale joins Stephen Gunnion with the reasoning behind the change in the company's name from Alkaline Fuel Cell Power Corp. Carnevale says the move is more consistent with its messaging and progression into a diversified investment platfo...

(NewsDirect) Alkaline Fuel Cell Power CEO Frank Carnevale joins Proactive's Natalie Stoberman to share more details behind the company's latest Letter of Intent (LOI) with Festival Hydro. Carnevale says the partnership is significant for the Jupiter 1.0 Fuel Cell pilot project as it e...

Please replace the release dated April 11, 2023, with the following corrected version due to changes in the table, "Summary of share repurchase activity since Repurchase Program inception as of March 31, 2023" . The updated release reads: BLACKROCK CLOSED-END FUND SHARE REPURCHASE P...

(NewsDirect) Alkaline Fuel Cell Power CEO Frank Carnevale joins Proactive's Natalie Stoberman to discuss the company's latest convertible note financing of up to $1 million. Carnevale says the additional financing, along with access to $4 million in convertible debt note financing from No...

2023-03-13 16:13:39 ET Summary Unbeknownst to many investors, PIMCO’s big-yield funds, PDI and PTY, have sometimes included a significant return of capital in their beloved big distributions (made opaque through derivative swaps transactions). We reached out to PIMCO for co...

(NewsDirect) Alkaline Fuel Cell Power CEO Frank Carnevale joins Proactive's Natalie Stoberman to share the company's newly released priorities for 2023. Carnevale says AFCP is focused on creating an EBITDA-positive platform within the next 4-6 quarters. He adds that the company can meet t...

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...