BlackRock Credit Allocation Income Trust:BTZ

    Manage Alerts

    Overview

    As of 12/20/2024

     Share
    Price    		NAVPremium/
    Discount
    Current$10.48$11.24-6.76%
    52 Wk Avg$10.74$11.44-6.08%
    52 Wk High$11.30$11.77-3.71%
    52 Wk Low$9.92$11.03-11.17%
    Regular Distribution Type†Managed Distribution
    Distribution Rate9.61%
    Distribution Amount$0.0839
    Distribution FrequencyMonthly
    Past performance is no guarantee of future results.

    Basic Information

    Investment Objective

    The Trust seeks current income, current gains and capital appreciation. Normally, it will invest at least 80% of its total assets in credit-related securities, including, but not limited to, investment grade corporate bonds, high yield bonds, bank loans, preferred securities or convertible bonds or derivatives with economic characteristics similar to these credit-related securities.

    Capital Structure

    As of 12/20/2024

    Total Investment Exposure:$1,642.621M
    Total Common Assets:$1,048.967M
    Common Shares Outstanding:93,324,457
    Leverage

    As of 12/20/2024

    Preferred Share Assets:
    Total Debt (USD): $593.654M
    Regulatory Leverage (USD):
    Effective Leverage (USD): $593.654M
    Effective Leverage (%): 36.14%
    Annual Expense Ratios

    As of 10/31/2024

      Per Common Share
    Management Fees0.97%
    Other Expenses:0.07%
    Baseline Expense: N/A
    Interest Expense:2.93%
    Total: 3.97%
    Fund Management

    Fund Sponsor
    BlackRock

    Portfolio Managers
    Jeffrey Cucunato, Mitchell S. Garfin, Charley Hung

    Basics
    Category: Fixed Income - Taxable-Investment Grade
    Ticker: BTZ
    NAV Ticker: XBTZX
    Average Daily Volume (shares): 262,387
    Average Daily Volume (USD): $2.816M
    Inception Date: 12/27/2006
    Inception Share Price: $25.00
    Inception NAV: $23.83
    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.

    to
    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    		 $0.3461
    Annualized Distribution Rate on NAV:
    As of 12/20/2024    		8.96%
    Total Return on NAV (12 months):
    As of 12/20/2024    		12.62%
    Avg. Portfolio Coupon:
    As of 12/20/2024    		 6.45%
    Total % Portfolio Effectively Leveraged:
    As of 12/20/2024     		36.14%

    Pricing Information

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

    As of 12/20/2024

    PeriodAvg Discount
    6 Month-5.23%
    1 Year-6.08%
    3 Year-7.56%
    5 Year-6.48%
    Z-Score

    As of 12/20/2024

    PeriodZStat
    3 Month-2.29
    6 Month-1.79
    1 Year-0.44
    Pricing History
     from  
    Date NAV Premium / Discount

    Performance

    Calendar Year Total Returns

    As of 11/30/2024
    Category: Morningstar US CEF Investment Grade

    Past 20 Years

    Return YearPriceNAVCategory - PriceCategory - NAV
    YTD15.91%7.47%12.94%6.84%
    202312.70%13.36%11.40%9.27%
    2022-27.06%-20.06%-22.33%-16.45%
    20219.35%2.66%6.10%2.61%
    202013.19%12.30%6.79%7.72%
    201933.62%21.24%22.17%13.63%
    2018-10.32%-5.85%-5.98%-2.32%
    20179.34%9.54%10.93%8.34%
    201612.76%10.35%10.79%8.05%
    20153.04%-2.52%0.71%-1.10%
    20146.30%8.15%8.71%7.36%
    20132.23%3.55%-4.78%0.23%
    201221.43%19.28%13.98%13.94%
    20117.79%4.27%  
    201015.42%17.40%  
    200957.51%52.23%  
    2008-43.92%-44.42%  
    2007-25.14%-11.40%  
    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 Investment Grade

    Past performance is no guarantee of future results.

    Portfolio Characteristics

    Portfolio Characteristics
    Average Coupon:
    As of 12/20/2024    		6.45%
    Average Maturity:
    As of 6/30/2024    		14.09 yrs
    Number of Holdings:
    As of 6/30/2024    		1717
    Annual Portfolio Turnover:
    As of 10/31/2024    		155.00%
    Average Bond Price:
    As of 6/30/2024    		$98.30
    Asset Allocation

    As of 6/30/2024

    Top Sectors

    As of 6/30/2024

    Sector%Portfolio
    Corporate (Super Sector)128.95%
    Corporate Bond118.69%
    Securitized (Super Sector)18.93%
    Asset Backed18.93%
    Bank Loan6.41%
    Preferred Stock3.61%
    Government (Super Sector)1.79%
    Government1.46%
    Municipal (Super Sector)1.00%
    Municipal1.00%
    State Allocation

    As of 6/30/2024

    State% Portfolio
    New York1.00%
    Top Holdings

    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 Income101.62%
    Others - Fixed Income13.23%
    Canada - Fixed Income5.48%
    United Kingdom - Fixed Income3.86%
    France - Fixed Income2.39%
    Italy - Fixed Income1.66%
    Switzerland - Fixed Income1.32%
    Australia - Fixed Income1.15%
    Belgium - Fixed Income1.12%
    Germany - Fixed Income1.11%
    China - Fixed Income0.89%
    Mexico - Fixed Income0.86%
    Japan - Fixed Income0.81%
    India - Fixed Income0.73%
    Finland - Fixed Income0.56%
    Ireland - Fixed Income0.55%
    Brazil - Fixed Income0.54%
    Netherlands - Fixed Income0.43%
    Spain - Fixed Income0.42%
    Hong Kong - Fixed Income0.37%
    Indonesia - Fixed Income0.36%
    South Korea - Fixed Income0.33%
    Colombia - Fixed Income0.29%
    Philippines - Fixed Income0.26%
    Thailand - Fixed Income0.20%
    Israel - Fixed Income0.20%
    Turkey - Fixed Income0.11%
    Singapore - Fixed Income0.07%
    Pakistan - Fixed Income0.05%
    Norway - Fixed Income0.05%
    Vietnam - Fixed Income0.05%
    Malaysia - Fixed Income0.03%
    Poland - Fixed Income0.02%
    Taiwan - 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.

    E-2949862P-E0623W

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