Is BlackRock Credit Allocation Income Trust (BTZ) a Buy, Sell, or Hold?
NYSE : BTZ
BlackRock Credit Allocation Income Trust
$10.21 USD
$0 (0.0%)
- Volume
- 424.61K
- Average Volume
- 251.73K
- Market Capitalization
- $952.84M
- P/E Ratio
- 7.56
- Dividend Yield
- 9.86%
- Price Target
- Year High
- $11.18
- Year Low
- $9.70
- Day High
- —
- Day Low
- —
- Payout Ratio
- $0.93
- Current Ratio
- $0.06
Company Overview
NYSE
John Perlowski
Asset Management
Financial Services
BTZ
N/A
US
USD
212 810 5800
092508100
0001379384
Liquidity Metrics
0.51
0.06
0.06
0.00
0.93
Sales & Valuation
$109.68M
7.14
0.90
12.75
0.80
Profitability
$1.1
$102.28M
94.00%
94.00%
11.83%
7.08%
P/E Metrics
7.56
0.17
0.17
Analyst Price Target & Rating
4/5
0 Analysts
%
Poll Results
About BlackRock Credit Allocation Income Trust (NYSE:BTZ) Stock
BlackRock Credit Allocation Income Trust is a closed ended balanced mutual fund launched by BlackRock, Inc. The fund is co-managed by BlackRock Advisors, LLC and BlackRock (Singapore) Limited. It invests in the fixed income markets across the globe. For the fixed income portion of the portfolio, the fund primarily invests in securities with an average credit quality of BBB by Standard & Poor’s Corporation. It invests in investment grade corporate bonds, high yield bonds, bank loans, preferred securities or convertible bonds or derivatives. The fund was formerly known as BlackRock Preferred & Equity Advantage Trust. BlackRock Credit Allocation Income Trust was formed on December 27, 2006 and is domiciled in the United States. ...
BTZ: A High-Yielding Bond Fund That Could Be Under Pressure In The Near Term
2026-06-02 17:11:34
The BlackRock Credit Allocation Income Trust offers a 9.85% yield, primarily through leveraged exposure to U.S. corporate bonds and credit-related securities. BTZ's yield outpaces major bond indices, but its high leverage (38.13%) amplifies both returns and volatility, making it riskier than passive bond funds. Bonds could continue to be under pressure as oil prices could surge higher and drive inflation up.
Frequently Asked Questions
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What is the current BlackRock Credit Allocation Income Trust (BTZ) stock price?
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BlackRock Credit Allocation Income Trust(NYSE:BTZ) stock price is $10.21 in the last trading session. During the trading session, BTZ stock reached the peak price of $11.18 while $9.7 was the lowest point it dropped to. The percentage change in BTZ stock occurred in the recent session was 0.0% while the dollar amount for the price change in BTZ stock was $0.
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BTZ's industry and sector of operation?
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The NYSE listed BTZ is part of Asset Management industry that operates in the broader Financial Services sector.
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Who are the executives of BTZ?
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John Griffith | Portfolio Manager
Daniel I. Chen | Portfolio Manager
David Benelli | Portfolio Manager
Kyle G. McClements | Managing Director and Portfolio Manager
Quang Ton | Portfolio Manager -
How many employees does BTZ have?
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Number of BTZ employees currently stands at None. BTZ operates from 50 Hudson Yards, New York, NY 10001, US.
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Link for BTZ official website?
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Official Website of BTZ is: https://www.blackrock.com/investing/products/240168/blackrock-credit-allocation-income-trust-usd-fund
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How do I contact BTZ?
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BTZ could be contacted at phone #212 810 5800 and can also be accessed through its website. BTZ operates from 50 Hudson Yards, New York, NY 10001, US.
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How many shares of BTZ are traded daily?
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The average number of BTZ shares traded daily for last 3 months was 251.73K.
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What is the market cap of BTZ currently?
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The market value of BTZ currently stands at $952.84M with its latest stock price at $10.21