BIT News and Press, BlackRock Multi-Sector Income Trust of Beneficial Interest From 10/10/20

We analyze performance trends in closed-end-funds this year along with themes by asset classes. Equity funds with concentrated exposure to Technology and Healthcare are among the biggest winners this year. Energy focused funds have underperformed given the weaker pricing environme...

Six of eight indexes on our world watch list posted losses through September 28, 2020. The top performer is China's Shanghai with a gain of 5.49%. Coming in last is London's FTSE 100 with a loss of 21.41%. For further details see: World Markets Update: September 28, 2020...

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

The weak trend in global trade and growth will not be enough to support risky assets such as equities in the coming months. The recent 10%+ consolidation in equities clearly shows how vulnerable is the market currently 'without' central banks and governments' help. Leading indicat...

We go through what is an interesting macro picture including why the markets sold off- blame Robinhooders playing with options! Interest rates eased back down - again- after spiking. We think this could be a recurring theme for the rest of the year. Brief spikes with some rate fears. ...

In our follow-up article focusing on BlackRock Multi-Sector Income Trust ( BIT ), we would like to update our readers on what has been going on in the housing and mortgage markets since the beginning of the COVID-19 pandemic in late February 2020. This CEF has managed to recover all of the los...

Photo Source: REUTERS/Brendan McDermid For the month, 70% of all closed-end fund (CEFs) posted net asset value (NYSE: NAV ) -based returns in the black, with 86% of equity CEFs and 58% of fixed income CEFs chalking up returns in the plus column. For the fourth month in a row, Lipperȁ...

Want more frequent dividend payouts? Highland Income Fund (HFRO), Wells Fargo Income Opportunities Fund (EAD), and BlackRock Multi-Sector Income Trust (BIT) are funds that pay their investors monthly. If your dividend portfolio is like that of most investors I know, you’re probably ...

Here’s a portfolio of five closed-end funds (CEFs), including FAX, AWP, BIT, UTF, and EOI that invest in a variety of assets while paying you a rich monthly income stream The way most folks invest, they’ll need way more than a million bucks to retire—in fact, the...

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...