NYSE : BIT
-$0.02 (-0.16%)
NYSE
John Perlowski
Asset Management
Financial Services
BIT
43
US
USD
212 810 5300
09258A107
0001562818
0.42
0.06
0.06
0.00
1.19
$62.78M
8.41
0.88
19.10
0.48
$1.06
$55.23M
87.98%
87.98%
7.90%
4.83%
10.88
0.14
0.14
4/5
0 Analysts
%
About BlackRock Multi-Sector Income Trust (NYSE:BIT) Stock
BlackRock Multi-Sector Income Trust is a close ended fixed income mutual fund launched by BlackRock, Inc. It is co-managed by BlackRock Advisors, LLC and BlackRock (Singapore) Limited. The fund invests in fixed income markets. It invests primarily in loan and debt instruments and other investments with similar economic characteristic. BlackRock Multi-Sector Income Trust was formed on February 25, 2013 and is domiciled in the United States. ...
BIT: Unsustainable Distribution And Inflation Make This Fund Unattractive
2026-06-23 12:45:47
The BlackRock Multi-Sector Income Trust (BIT) offers a 12.03% yield but struggles to sustain its distribution, risking NAV erosion or a payout cut. BIT's portfolio is almost entirely USD-denominated bonds, which is currently optimal given dollar strength, but inflation and weak bond prospects loom. BIT's net investment income and capital gains fail to cover distributions, with NAV per share declining 4.46% YTD, indicating ongoing capital destruction.
Frequently Asked Questions
What is the current BlackRock Multi-Sector Income Trust (BIT) stock price?
BlackRock Multi-Sector Income Trust(NYSE:BIT) stock price is $12.3 in the last trading session. During the trading session, BIT stock reached the peak price of $15.12 while $12.21 was the lowest point it dropped to. The percentage change in BIT stock occurred in the recent session was --0.16% while the dollar amount for the price change in BIT stock was -$0.02.
BIT's industry and sector of operation?
The NYSE listed BIT is part of Asset Management industry that operates in the broader Financial Services sector.
Who are the executives of BIT?
Akiva J. Dickstein
| Portfolio Manager
Randy Robertson
| Portfolio Manager
Charles Choon Sik Park
| Chief Compliance Officer and Anti- Money Laundering Officer
|
|
How many employees does BIT have?
Number of BIT employees currently stands at 43. BIT operates from 50 Hudson Yards, New York, NY 10003, US.
Link for BIT official website?
Official Website of BIT is: https://www.blackrock.com/investing/products/249839/blackrock-multisector-income-trust-fund
How do I contact BIT?
BIT could be contacted at phone #212 810 5300 and can also be accessed through its website. BIT operates from 50 Hudson Yards, New York, NY 10003, US.
How many shares of BIT are traded daily?
The average number of BIT shares traded daily for last 3 months was 268.96K.
What is the market cap of BIT currently?
The market value of BIT currently stands at $527.93M with its latest stock price at $12.3