Blackrock Income Trust

BlackRock Income Trust, Inc. is a closed-end investment fund. Its investment objective is to provide total return through a combination of current income and capital appreciation. The company was founded on July 31, 1988 and is headquartered in Wilmington, DE.

The fund has lost more than 4% since we wrote our bearish article. The Fed has finally announced their tapering decision but will be patient on rate hikes.

BKT: Moving From Bearish To Neutral After The Fed

BKT: Leveraged Agency MBS CEF, Unsustainable Distribution

BKT is a robust MBS CEF with a strong historical performance. The fund has never traded at a premium in the past decade except in 2021.

BKT - Leveraged MBS Fund With A 6.5% Yield

BKT had been a long-term staple of my portfolio, but I am not comfortable with positions at these levels. The fund typically had a slight discount to NAV in the past. Now, it has a premium in excess of 5%.

BKT: A Few Reasons I'm Not Buying Here

BlackRock Inc, the world's biggest asset manager, said on Thursday it has raised over $250 million for its climate finance fund to invest in select countries in Asia, Latin America, and Africa.

BlackRock raises $250 million for emerging markets-focused climate fund

BKT has been a core holding for me, delivering an above-average yield with minimum volatility. I use this fund as a place to hold cash, and then take advantage of more risk-on opportunities as they arise.

I'm Still Holding BKT, But I'm Lukewarm On New Positions

BKT has been on the radar of many income investors due to its ultra high-quality allocation and a very attractive distribution rate of 6.85%. We take a look at how this fund is able to generate an income yield that is an order of magnitude higher than that of AAA-rated securities.

BKT: Dissecting This High-Yield, High-Quality CEF

BKT's portfolio is almost exclusively agency mortgage backed securities, which are historically a very stable asset class. The fund sports a small discount to NAV, and its leverage helps deliver an income stream near 7%.

BKT: Agency Mortgage-Backed Securities Remain One Of My Core Equity Hedges

Agency MBS continue to receive support via direct buying by the Fed.

BKT: Market Forces Continue To Support Agency MBS

BKT: The Housing Market Is A Gamble Right Now, But Agency MBS Are Still Safe

News for Blackrock Income Trust ETF (BKT)