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BIT
Upturn stock ratingUpturn stock rating

Blackrock Multi Sector Income Closed Fund (BIT)

Upturn stock ratingUpturn stock rating
$14.43
Delayed price
Profit since last BUY-0.41%
upturn advisory
WEAK BUY
BUY since 39 days
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
  • MONTH
  • WEEK

Upturn Advisory Summary

03/18/2025: BIT (1-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

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Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

AI Based Fundamental Rating

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Moderate Performance

These Stocks/ETFs, based on Upturn Advisory, typically align with the market average, offering steady but unremarkable returns.

Analysis of Past Performance

Type Stock
Historic Profit -7.84%
Avg. Invested days 38
Today’s Advisory WEAK BUY
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 3.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 03/18/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 583.86M USD
Price to earnings Ratio 11.87
1Y Target Price -
Price to earnings Ratio 11.87
1Y Target Price -
Volume (30-day avg) 191900
Beta -
52 Weeks Range 13.38 - 14.64
Updated Date 04/1/2025
52 Weeks Range 13.38 - 14.64
Updated Date 04/1/2025
Dividends yield (FY) 10.81%
Basic EPS (TTM) 1.22

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin -
Operating Margin (TTM) -

Management Effectiveness

Return on Assets (TTM) -
Return on Equity (TTM) -491.95%

Valuation

Trailing PE 11.87
Forward PE -
Enterprise Value -
Price to Sales(TTM) 12.09
Enterprise Value -
Price to Sales(TTM) 12.09
Enterprise Value to Revenue 19.52
Enterprise Value to EBITDA -
Shares Outstanding 40321500
Shares Floating -
Shares Outstanding 40321500
Shares Floating -
Percent Insiders 0.01
Percent Institutions 16.08

Analyst Ratings

Rating -
Target Price -
Buy -
Strong Buy -
Buy -
Strong Buy -
Hold -
Sell -
Strong Sell -
Strong Sell -

ai summary icon Upturn AI SWOT

Blackrock Multi Sector Income Closed Fund

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Company Overview

History and Background

BlackRock Multi-Sector Income Trust (BIT) is a closed-end fund. It was designed to provide current income and capital appreciation by investing in a portfolio of fixed income securities. BIT leverages BlackRock's expertise in fixed-income markets.

Core Business Areas

  • Fixed Income Investments: The fund invests primarily in a diversified portfolio of U.S. fixed-income securities, including corporate bonds, government securities, and mortgage-backed securities.

Leadership and Structure

BlackRock is a leading global investment management firm. Leadership structure includes the Board of Trustees and the investment management team at BlackRock responsible for managing the fund.

Top Products and Market Share

Key Offerings

  • Diversified Fixed Income Portfolio: BIT offers investors access to a diversified portfolio of fixed-income assets. This allows investors to gain exposure to various sectors of the fixed-income market without needing to purchase individual securities. Competitors include other closed-end fixed-income funds and ETFs.

Market Dynamics

Industry Overview

The closed-end fund industry is competitive, with numerous funds seeking to provide income and capital appreciation. Demand is influenced by interest rates and investor risk appetite.

Positioning

BIT benefits from BlackRock's brand recognition and extensive research capabilities in fixed income. It aims to provide a competitive yield and diversification within the fixed-income space.

Total Addressable Market (TAM)

The TAM for fixed-income investments is substantial, encompassing both retail and institutional investors. BIT's positioning is tied to attracting investors seeking income and diversification through a professionally managed fund.

Upturn SWOT Analysis

Strengths

  • Experienced Management Team (BlackRock)
  • Diversified Portfolio
  • Brand Recognition
  • Access to BlackRock's Research Capabilities

Weaknesses

  • Management Fees
  • Potential for Discount to NAV
  • Leverage Risk
  • Interest Rate Sensitivity

Opportunities

  • Rising Interest Rate Environment (potentially increasing yields)
  • Expanding Investor Demand for Fixed Income
  • Strategic Asset Allocation
  • Utilizing market inefficiencies

Threats

  • Economic Downturn
  • Increased Interest Rate Volatility
  • Credit Risk
  • Competition from other Fixed Income Funds

Competitors and Market Share

Key Competitors

  • PIMCO Income Strategy Fund (PFL)
  • Nuveen Credit Strategies Income Fund (JQC)
  • DoubleLine Income Solutions Fund (DSL)

Competitive Landscape

BIT faces competition from other closed-end funds focused on fixed income. Its competitive advantage stems from BlackRock's brand recognition and investment expertise.

Major Acquisitions

Growth Trajectory and Initiatives

Historical Growth: Historical growth is tied to the fund's ability to generate income and capital appreciation within the fixed-income market.

Future Projections: Future projections are subject to market volatility and interest rate changes.

Recent Initiatives: Recent initiatives may include adjustments to the portfolio's asset allocation and management of leverage to adapt to changing market conditions.

Summary

BlackRock Multi-Sector Income Trust benefits from BlackRock's investment expertise in fixed income. The fund aims to provide income and capital appreciation through a diversified portfolio. Investors should consider the fund's management fees, leverage risk, and interest rate sensitivity. The fund's performance is tied to market conditions and BlackRock's ability to navigate the fixed-income landscape effectively.

Similar Companies

  • PFL
  • JQC
  • DSL

Sources and Disclaimers

Data Sources:

  • BlackRock Official Website
  • Fund Fact Sheets
  • Financial News Outlets

Disclaimers:

This analysis is for informational purposes only and does not constitute financial advice. Investment decisions should be based on individual circumstances and consultation with a qualified financial advisor.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Blackrock Multi Sector Income Closed Fund

Exchange NYSE
Headquaters New York, NY, United States
IPO Launch date 2013-02-26
CEO -
Sector Financial Services
Industry Asset Management
Full time employees -
Full time employees -

BlackRock Multi-Sector Income Trust is a close ended fixed income mutual fund launched by BlackRock, Inc. It is co-managed by BlackRock Advisors, LLC and BlackRock (Singapore) Limited. The fund invests in fixed income markets. It invests primarily in loan and debt instruments and other investments with similar economic characteristic. BlackRock Multi-Sector Income Trust was formed on February 25, 2013 and is domiciled in the United States.

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