BlackRock Income Trust
BKT

$12.02

0.25%

Market Cap: 256M

About: Blackrock Income Trust Inc is a diversified investment fund with an investment objective to manage a portfolio of high-quality securities to achieve both preservations of capital and high monthly income. The trust seeks to achieve its investment objective by investing at least 65% of its assets in mortgage-backed securities. The Fund invests at least 80% of its assets in securities that are (i) issued or guaranteed by the U.S. government or one of its agencies or instrumentalities or (ii) rated at the time of investment either AAA by S&P Global Ratings ("S&P") or Aaa by Moody's Investors Service, Inc ("Moody's"). The Fund may invest directly in such securities or synthetically through the use of derivatives.

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Funds holding %

of 6,702 funds

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Analysts bullish %

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News positive %

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

0% more funds holding in top 10

Funds holding in top 10: 1 [Q4 2023] → 1 (+0) [Q1 2024]

0.94% less ownership

Funds ownership: 13.06% [Q4 2023] → 12.12% (-0.94%) [Q1 2024]

9% less capital invested

Capital invested by funds: $102M [Q4 2023] → $92.2M (-$9.47M) [Q1 2024]

10% less funds holding

Funds holding: 61 [Q4 2023] → 55 (-6) [Q1 2024]

25% less repeat investments, than reductions

Existing positions increased: 15 | Existing positions reduced: 20

75% less first-time investments, than exits

New positions opened: 2 | Existing positions closed: 8

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Research analyst outlook

We haven’t received any recent analyst ratings for BKT.

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Financial journalist opinion

BKT: There Is Both Good And Bad (Rating Upgrade)

I evaluate the BlackRock Income Trust as an investment option and explain why I am no longer bearish on the fund. I previously had a sell rating on the fund due to limited opportunities, and but now I believe hold is the appropriate rating going forward, despite some macro-concerns I have. The fund had benefited from strong demand from the Fed and large US banks, both of whom have been scaling back their purchases of agency MBS.

BKT: There Is Both Good And Bad (Rating Upgrade)

Distribution Dates and Amounts Announced for Certain BlackRock Closed-End Funds

NEW YORK--(BUSINESS WIRE)---- $BBN--Certain BlackRock closed-end funds (the “Funds”) announced distributions today as detailed below. Certain BlackRock Funds previously declared their June distributions on May 20, 2024 BlackRock ESG Capital Allocation Term Trust (NYSE: ECAT), BlackRock Capital Allocation Term Trust (NYSE: BCAT), BlackRock Health Sciences Term Trust (NYSE: BMEZ), BlackRock Science and Technology Term Trust (NYSE: BSTZ), and BlackRock Innovation and Growth Term Trust (NYSE: BIGZ) previous.

Distribution Dates and Amounts Announced for Certain BlackRock Closed-End Funds

BKT: Understand What You Are Buying, MBS Will Likely Deliver

BlackRock Income Trust is a closed-end fund that purchases agency MBS bonds and leverages them to generate high dividends and a rates-based return profile. The fund's 9% distribution yield is not supported by underlying cash flows, but it should make up for it through capital gains as rates move lower. BKT has a total return profile closely correlated to mortgage REITs like Annaly Capital and AGNC Investment Corp, making it an attractive option in the current macro environment.

BKT: Understand What You Are Buying, MBS Will Likely Deliver

Weekly CEF Commentary | March 3, 2024 | PDX Makes The Change

Markets were flat, but upcoming events like the jobs report, PMIs, and ECB meeting are important.

Weekly CEF Commentary | March 3, 2024 | PDX Makes The Change

Distribution Dates and Amounts Announced for Certain BlackRock Closed-End Funds

NEW YORK--(BUSINESS WIRE)--Certain BlackRock closed-end funds (the “Funds”) announced distributions today as detailed below. Municipal Funds: Declaration- 3/1/2024 Ex-Date- 3/14/2024 Record- 3/15/2024 Payable- 4/1/2024 National Funds Ticker Distribution Change From Prior Distribution BlackRock Municipal Income Quality Trust* BYM $0.052500 - BlackRock Long-Term Municipal Advantage Trust* BTA $0.043500 - BlackRock MuniAssets Fund, Inc.* MUA $0.055500 - BlackRock Municipal Income Fund, Inc.

Distribution Dates and Amounts Announced for Certain BlackRock Closed-End Funds

Distribution Dates and Amounts Announced for Certain BlackRock Closed-End Funds

NEW YORK--(BUSINESS WIRE)--Certain BlackRock closed-end funds (the “Funds”) announced distributions today as detailed below. Certain BlackRock Municipal Funds previously declared their February distributions. Taxable Municipal Fund: Declaration- 2/1/2024 Ex-Date- 2/14/2024 Record- 2/15/2024 Payable- 2/29/2024 Fund Ticker Distribution Change From Prior Distribution BlackRock Taxable Municipal Bond Trust* BBN $0.092900 - Taxable Fixed Income Funds: Declaration- 2/1/2024 Ex-Date- 2/14/2024 Record-.

Distribution Dates and Amounts Announced for Certain BlackRock Closed-End Funds

US financial giants shedding jobs in 2024

A handful of U.S. financial industry heavyweights are cutting jobs to sharpen focus on their core businesses and put themselves on an even keel, after pursuing aggressive growth during the low interest rate-era led to some overhiring.

US financial giants shedding jobs in 2024

BKT: Vulnerable To A Correction And Distribution Cut (Rating Downgrade)

The BlackRock Income Trust offers a high yield of 8.80%, making it an attractive option for income-seeking investors. The fund invests in AA-rated mortgage-backed securities, providing a reasonable yield for investors looking for guaranteed government-backed securities. While the fund has seen recent gains, there is a risk of share price declines due to the powerful run-up in bonds, and investors may want to take some gains and reduce their risks.

BKT: Vulnerable To A Correction And Distribution Cut (Rating Downgrade)

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Think You Can't Retire? These 7%+ Dividends Say Otherwise

Distribution Dates and Amounts Announced for Certain BlackRock Closed-End Funds

NEW YORK--(BUSINESS WIRE)--Certain BlackRock closed-end funds (the “Funds”) announced distributions today as detailed below. BlackRock Floating Rate Income Trust (NYSE: BGT), BlackRock Floating Rate Income Strategies Fund, Inc. (NYSE: FRA) and BlackRock Debt Strategies Fund, Inc. (NYSE: DSU) announced increases to their monthly distributions. Certain BlackRock municipal Funds previously declared their December, January and February distributions and declared special distributions today in order.

Distribution Dates and Amounts Announced for Certain BlackRock Closed-End Funds

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