BlackRock Multi-Sector Income Trust Aktie News

BlackRock Multi-Sector Income Trust receives a 'Strong Sell' rating due to poor performance and heightened risk profile. BIT's recent rights offering kept the gearing ratio high, instead of deleveraging, amplifying exposure to tight credit spreads. The fund is overweight high yield (50%) and sub-investment grade (70%+), with an excessive 15% allocation to CCC-rated credits.

Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m.

The BlackRock Multi-Sector Income Trust offers an 11.26% yield, but its distribution appears unsustainable given recent net asset value declines. BIT recently underperformed major bond indices and several peers on a total return basis, with leverage amplifying both yield and downside risk. There is no guarantee that the Fed's monetary easing will lift bond prices, given the risks of a resurgenc...

BlackRock Multi-Sector Income Trust (BIT) offers a high 11.1% yield and diversified income exposure, but faces challenges in sustaining distributions. BIT trades at a 4.91% discount to NAV, making it attractive relative to historical pricing, yet its share price has declined amid higher rates. Earnings coverage remains pressured by elevated interest rates and reliance on leverage, with a signif...

NEW YORK--(BUSINESS WIRE)---- $BIT--BlackRock Multi-Sector Income Trust (BIT) Announces Results of its Over-subscribed Rights Offering.

We review the CEF market valuation and performance through the second week of August, and highlight recent market action. CEF discounts are at decade-tight levels, offering limited value for shareholders. Eaton Vance's liquidation of EVM and ENX highlights ongoing consolidation in tax-exempt CEFs, shrinking the sector, but improving liquidity and cost structure.

NEW YORK--(BUSINESS WIRE)---- $BIT--BlackRock Multi-Sector Income Trust (NYSE: BIT) (the "Fund") today announced that its Board of Trustees (the "Board") has approved the terms of the issuance of transferable rights ("Rights") to the holders of the Fund's common shares of beneficial interest (par value $0.001 per share) ("Shares") as of August 19, 2025 (the "Record Date"). Holders of Rights wil...