BlackRock Multi-Sector Income Trust:BIT

    Manage Alerts

    Overview

    As of 12/20/2024

     Share
    Price
    NAVPremium/
    Discount
    Current$14.32$14.45-0.90%
    52 Wk Avg$15.03$14.612.86%
    52 Wk High$15.98$14.928.32%
    52 Wk Low$14.26$14.26-1.31%
    Regular Distribution TypeManaged Distribution
    Distribution Rate10.37%
    Distribution Amount$0.1237
    Distribution FrequencyMonthly
    Past performance is no guarantee of future results.

    Basic Information

    Investment Objective

    To achieve high current income with capital appreciation through investment across multiple sectors of the fixed income securities market.

    Capital Structure

    As of 12/20/2024

    Total Investment Exposure:$865.669M
    Total Common Assets:$558.865M
    Common Shares Outstanding:38,675,785
    Leverage

    As of 12/20/2024

    Preferred Share Assets:
    Total Debt (USD): $306.804M
    Regulatory Leverage (USD):
    Effective Leverage (USD): $306.804M
    Effective Leverage (%): 35.44%
    Annual Expense Ratios

    As of 10/31/2024

      Per Common Share
    Management Fees0.20%
    Other Expenses:3.60%
    Baseline Expense: N/A
    Interest Expense:0.49%
    Total: 4.29%
    Fund Management

    Fund Sponsor
    BlackRock

    Portfolio Managers
    Akiva Dickstein, Scott MacLellan, CFA, CMT

    Basics
    Category: Fixed Income - Taxable-Multi-Sector
    Ticker: BIT
    NAV Ticker: XBITX
    Average Daily Volume (shares): 118,002
    Average Daily Volume (USD): $1.768M
    Inception Date: 2/25/2013
    Inception Share Price: $20.00
    Inception NAV: $19.06
    Tender Offer: No
    Term: No
    Fiscal Year End: October 31
    Third Party Links & Reports

    Distributions

    As of 12/20/2024

    Past performance is no guarantee of future results.
    Distribution History

    Enter declared start and end dates to display distribution history below. Income, Long Gain, Short Gain and ROC breakdowns will only be shown for the past year.

    Declared Date Payable Date Ex Date Distrib Amount Income Long Gain Short Gain ROC

    *Indicates a Special Distribution: A distribution disbursed in addition to the normal distributions paid out by the company.

    Key Information Regarding Distributions
    Avg. Earnings Per Share:
    As of 6/30/2024
    $0.4788
    Annualized Distribution Rate on NAV:
    As of 12/20/2024
    10.27%
    Total Return on NAV (12 months):
    As of 12/20/2024
    13.16%
    Avg. Portfolio Coupon:
    As of 12/20/2024
    6.31%
    Total % Portfolio Effectively Leveraged:
    As of 12/20/2024
    35.44%

    Pricing Information

    Premium/Discount Information
    Past performance is no guarantee of future results.
    Premium/Discount Information

    As of 12/20/2024

    PeriodAvg Discount
    6 Month0.83%
    1 Year2.86%
    3 Year0.85%
    5 Year-1.31%
    Z-Score

    As of 12/20/2024

    PeriodZStat
    3 Month-2.24
    6 Month-2.54
    1 Year-1.50
    Pricing History
    Date NAV Premium / Discount

    Performance

    Calendar Year Total Returns

    As of 11/30/2024
    Category: Morningstar US CEF Multi-Sector

    Past 20 Years

    Return YearPriceNAVCategory - PriceCategory - NAV
    YTD7.01%8.87%18.75%11.34%
    202316.92%10.96%16.21%13.65%
    2022-14.27%-8.82%-16.28%-12.97%
    202112.27%4.74%7.44%6.36%
    202019.59%15.42%4.14%7.03%
    201914.50%5.36%20.20%12.36%
    2018-8.04%-3.04%-2.48%-0.11%
    201719.95%16.50%15.45%15.37%
    201617.18%11.49%18.87%13.10%
    20153.14%2.30%-0.90%1.45%
    20146.54%9.47%9.02%9.41%
    Past performance is no guarantee of future results.
    Annualized Total Returns

    Returns for periods less than one year are cumulative rather than annualized

    As of 11/30/2024
    Category: Morningstar US CEF Multi-Sector

    Past performance is no guarantee of future results.

    Portfolio Characteristics

    Portfolio Characteristics
    Average Coupon:
    As of 12/20/2024
    6.31%
    Number of Holdings:
    As of 6/30/2024
    1499
    Annual Portfolio Turnover:
    As of 10/31/2024
    28.00%
    Average Bond Price:
    As of 6/30/2024
    $94.91
    Asset Allocation

    As of 6/30/2024

    Top Sectors

    As of 6/30/2024

    Sector%Portfolio
    Corporate (Super Sector)98.88%
    Corporate Bond88.41%
    Securitized (Super Sector)49.60%
    Asset Backed22.81%
    Agency Mortgage Backed13.91%
    Non Agency Residential Mortgage Backed9.06%
    Bank Loan7.64%
    Government Commercial Mortgage Backed3.82%
    Preferred Stock2.18%
    Government (Super Sector)1.42%
    Call Exposure

    As of 12/31/2020

    State Allocation

    As of 6/30/2024

    State% Portfolio
    New York0.18%
    Texas0.15%
    Illinois0.13%
    Massachusetts0.12%
    Top Holdings

    As of 6/30/2024

    HoldingValue% Portfolio
    Fnma Pass-Thru I 4%$25.80M4.41%
    Federal National Mortgage Association 5.5%$10.89M1.86%
    Federal National Mortgage Association 5%$10.65M1.82%
    Federal National Mortgage Association 1.5%$5.60M0.96%
    HUB International Ltd. 7.375%$5.52M0.94%
    Fnma Pass-Thru I 6.5%$5.35M0.91%
    Mauser Packaging Solutions Holding Co. 7.875%$4.88M0.83%
    Wamu Asset-Backed 5.69971%$4.77M0.82%
    Federal Home Loan Mortgage Corp. 4.5%$4.69M0.80%
    HUB International Ltd. 7.25%$4.61M0.79%
    Credit Quality

    As of 6/30/2024

    Maturity Breakdown

    As of 6/30/2024

    Country Allocation

    As of 6/30/2024

    Country% Portfolio
    United States - Fixed Income112.71%
    Others - Fixed Income10.08%
    United Kingdom - Fixed Income4.22%
    Canada - Fixed Income3.34%
    France - Fixed Income2.98%
    Germany - Fixed Income1.08%
    Italy - Fixed Income0.78%
    Switzerland - Fixed Income0.60%
    United States - Equity0.44%
    Peru - Fixed Income0.43%
    Belgium - Fixed Income0.41%
    Israel - Fixed Income0.36%
    Spain - Fixed Income0.28%
    Netherlands - Fixed Income0.28%
    Ireland - Fixed Income0.24%
    India - Fixed Income0.24%
    Japan - Fixed Income0.19%
    Brazil - Fixed Income0.19%
    Mexico - Fixed Income0.18%
    Finland - Fixed Income0.17%
    Thailand - Fixed Income0.13%
    Colombia - Fixed Income0.13%
    Australia - Fixed Income0.13%
    South Africa - Fixed Income0.12%
    Indonesia - Fixed Income0.10%
    Hong Kong - Fixed Income0.08%
    Norway - Fixed Income0.08%
    Chile - Fixed Income0.08%
    South Korea - Fixed Income0.08%
    Poland - Fixed Income0.07%
    Greece - Fixed Income0.05%
    Hungary - Fixed Income0.05%
    Sweden - Fixed Income0.04%
    Vietnam - Fixed Income0.03%
    Philippines - Fixed Income0.03%
    Austria - Fixed Income0.02%
    Portugal - Fixed Income0.02%
    Argentina - Fixed Income0.02%

    Closed-end fund historical distribution sources have included net investment income, realized gains, and return of capital. For more detailed information on the distributions of a specific fund, please visit the sponsor's website.

    NOTES:

    Distribution type sourced from Morningstar. In general, managed distributions may be sourced from net investment income, realized gains and return of capital. CEFConnect.com does not undertake to disclose specific information about closed-end fund distribution sources. For specific information about a fund's distribution sources, visit the fund sponsor's website.

    The following information applies to closed-end funds in general: Fund shares are not guaranteed or endorsed by any bank or other insured depository institution, and are not federally insured by the Federal Deposit Insurance Corporation. Shares of closed-end funds are subject to investment risks, including the possible loss of principal invested. There can be no assurance that fund objectives will be achieved. Closed-end funds frequently trade at a discount to their net asset value. NAV returns are net of fund expenses, and assume reinvestment of distributions.

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