BlackRock Income Trust

BKT

Market cap $274M

NEW YORK--(BUSINESS WIRE)---- $BKT--BlackRock Income Trust (BKT) (the “Fund”) announced today the results of the Measurement Period (as defined below) under its previously announced discount management program (the “Program”). Under the Program, the Fund intends to offer to repurchase a minimum of 5% of its outstanding common shares if the Fund's common shares trade at an average daily discount to net asset value (“NAV”) of greater than 7.50% during the twelve-week measurement period that commenced on J.

NEW YORK--(BUSINESS WIRE)---- $BKT--BlackRock Income Trust, Inc. (NYSE: BKT) (the "Fund") today announced the terms of transferable rights ("Rights") to be issued to the holders of the Fund's common shares of beneficial interest (par value $0.01 per share) ("Shares") as of September 29, 2025 (the "Record Date"). Holders of Rights will be entitled to subscribe for additional Shares (the "Offer") at a discount to the market price of the Shares. After considering a number of factors, including potential be.

BKT remains a 'buy' due to its appealing valuation, with a discount to NAV expanding above 2% despite recent price gains. The fund offers diversification and serves as a hedge, outperforming the broader market during recent declines. BKT's focus on high-quality agency mortgage-backed securities supports capital preservation and high monthly income.

10 out of 22 CEF sectors were positive on price and 5 out of 22 sectors were positive on NAV last week. Herzfeld Caribbean Basin Fund is jumping on the CLO bandwagon. CLM/CRF announces a rights offering.

NEW YORK--(BUSINESS WIRE)---- $BKT--BlackRock Enhanced Government Fund, Inc. (NYSE: EGF, the “Fund”) has completed its reorganization with and into BlackRock Income Trust, Inc. (NYSE: BKT and together with EGF, the “Funds,” and each, a “Fund”) (the “Reorganization”), effective as of the opening for business of the New York Stock Exchange on Monday, March 24, 2025. In the Reorganization, each EGF shareholder received common shares of BKT in an amount equal to the aggregate net asset value of the EGF comm.

NEW YORK--(BUSINESS WIRE)---- $BKT--BlackRock Advisors, LLC announced today that, at a special meeting of shareholders of BlackRock Enhanced Government Fund, Inc. (NYSE: EGF), shareholders approved the proposals necessary for the previously announced reorganization of EGF with and into BlackRock Income Trust, Inc. (NYSE: BKT) (and together with EGF, “the Funds,” and each, a “Fund”), with BKT continuing as the surviving Fund (collectively, the “Reorganization”). It is currently expected that the Reorgani.

Evaluating BlackRock Income Trust as an investment option, primarily focused on agency mortgage-backed securities for capital preservation and high monthly income. Previously rated BKT as "hold" due to leveraged investments and limited value in agency MBS amid an inverted yield curve. With the 2025 bull market, reconsidering BKT as an equity hedge; now upgrading the rating to "buy" based on current market conditions.

We review the CEF market valuation and performance through the second week of December and highlight recent market action. CEFs mostly declined this week due to a 0.25% rise in 10-year Treasury yields, with only the loan sector showing a slight NAV gain. The BlackRock Enhanced Government Fund (EGF) will merge into BlackRock Income Trust (BKT); high-quality funds like these are not ideal in CEFs.

BlackRock Income Trust is a leveraged fixed income CEF focused on Agency MBS, set to benefit from lower rates as part of a monetary easing cycle. BKT is merging with BlackRock Enhanced Government Fund, thus increasing its AUM; EGF shareholders must approve the corporate action, but approval is likely. Despite high ROC utilization, BKT remains attractive due to the favorable macro rates outlook, positioning it as a solid long-term hold.

NEW YORK--(BUSINESS WIRE)---- $BKT--BlackRock Advisors, LLC announced today that the Boards of Directors of BlackRock Enhanced Government Fund, Inc. (NYSE: EGF) and BlackRock Income Trust, Inc. (NYSE: BKT) (each, a “Fund” and together, the “Funds”) have approved the reorganization of EGF with and into BKT, with BKT continuing as the surviving Fund (collectively, the “Reorganization”). Following the closing of the Reorganization, BKT, as the surviving Fund, intends to offer to repurchase a portion of its.