BIT News and Press, BlackRock Multi-Sector Income Trust of Beneficial Interest From 07/07/20

By Jill Mislinski All eight indexes on our world watch list posted losses through July 6, 2020. The top performer is our own S&P 500 with a loss of 1.58%. China's Shanghai is in second with a loss of 2.15% and in third is Tokyo's Nikkei 225 with a loss of 3.98%. Coming in last is Londo...

According to CPB Netherlands Bureau for Economic Policy Analysis, World Exports (Volume) experienced a significant decline in April, down 16.8% YoY, registering their highest contraction since May 2009 (-19%). While EM exports fell by 'only' 6.5%, they experienced a titanic drop of 24.8% in ad...

It has been a challenging and humbling year for many investors, myself included. It is hard to believe that less than six months ago we were writing about a year (2019) just concluded that saw a 24% total return from an Income Factory that was producing, reinvesting and compounding cash dist...

This time, we will present our readers with the John Hancock Preferred Income Fund ( HPI ), which was incorporated in August 2002. It is a closed-ended fund that is primarily focused on investment-grade preferred equities and debt securities. It pays a regular monthly distribution of $0.1235 p...

This time, we will present our readers with the Western Asset High Income Fund II ( HIX ) which was incorporated back in 1998. It is structured as a closed-end fund and has a total AUM of approximately $535 million. It has been distributing its shareholders a monthly dividend payment of $0.049...

(This report was published on April 29 to members of Yield Hunting. All data herein is from that date except the commentary in the update near the end.) Both Blackrock and Nuveen have reported their UNII and coverage data for March. The data is a bit different as the Nuveen muni CEFs sho...

Photo Source: REUTERS/Carlos Barria. National Institute of Allergy and Infectious Diseases Director Dr. Anthony Fauci attends a coronavirus response meeting between U.S. President Donald Trump and Louisiana Governor John Bel Edwards in the Oval Office at the White House in Washington, U.S.,...

Experienced closed-end bond fund investors know that Pimco closed-end funds are quite popular. In fact, some invest their entire bond holdings exclusively in Pimco funds. But except for brief periods like the market panic we had a few weeks ago, Pimco funds usually trade at significant pre...

This time, we will present our readers with the BlackRock Multi-Sector Income Trust ( BIT ) which was incorporated back in February 2013. It is structured as a closed-end fund and has a total AUM of approximately $520 million. It has been distributing its shareholders a monthly dividend paymen...

Is now the time to buy? For the last year or so we have attempted to invest conservatively, focusing on U.S. Treasury and Agency securities, as well as very high credit quality securities in corporate bonds and asset-backed securities. We tried to stay on the sidelines of risk as much as ...