BlackRock Credit Allocation Income Trust (NYSE:BTZ) traded today at a new 52-week high of $15.18. So far today approximately 59,000 shares have been exchanged, as compared to an average 30-day volume of 186,000 shares.
BlackRock Credit Allocation Income Trust (NYSE:BTZ) is currently priced 1.1% above its average consensus analyst price target of $14.99.
Blackrock Credit Allocation Income Trust is a diversified, closed-end Trust. Its investment objective of seeking current income, current gains, and capital appreciation. The company invests in under normal market conditions, at least 80% of its assets in credit-related securities, including, but not limited to, investment-grade corporate bonds, high yield bonds, bank loans, preferred securities or convertible bonds or derivatives with economic characteristics similar to these credit-related securities.
In the past 52 weeks, BlackRock Credit Allocation Income Trust share prices are bracketed by a low of $13.18 and a high of $15.18 and is now at $15.15, 15% above that low price.
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