BlackRock Credit Allocation Income Trust (BTZ)
Investment thesis: BTZ offers an increased yield over traditional bond holdings but also more aggressive price performance. The fund is less sensitive to changes in interest rates but increased credit risk has to be diversified with exposure to treasuries.
Background info
BTZ | LQD | |
1-year trailing yield | 6.38% | 3.11% |
Duration | 6.09 yrs. | 8.51 yrs. |
Effective Leverage Ratio | 22% | 0% |
Historical Total Return
Monthly Income
Price performance
(Source: Data from Yahoo Finance)
This fund had the unfortunate luck of commencing operations right before the onset of the Great