BlackRock Credit Alloc Income:BTZ

    Overview

    As of 8/1/2014. NAV as of 7/31/2014.

     Share
    Price
    NAVPremium/
    Discount
    Current$13.46$15.45-12.88%
    52 Wk Avg$13.15$15.10-12.96%
    52 Wk High$13.80$15.62-10.64%
    52 Wk Low$12.20$14.47-15.92%
    Regular Distribution TypeIncome Only
    Distribution Rate7.16%
    Distribution Amount$0.0805
    Distribution FrequencyMonthly
    Past performance is no guarantee of future results.

    Basic Information

    Investment Objective

    The Fund seeks current income consistent with capital preservation through investments in credit-related securities and securities with similar economic characteristics

    Capital Structure

    As of 8/1/2014

    Total Net Assets:$2,412.530M
    Total Common Assets:$1,669.308M
    Common Shares Outstanding:108,088,170
    Leverage

    As of 4/30/2014

    Preferred Share Assets:
    Type of Preferred:
    Total Debt (USD):
    Structural Leverage (USD):
    Structural Leverage (%): 0.00%
    Effective Leverage (USD): $744.000M
    Effective Leverage (%): 30.84%
    Preferred Share Rates
    Date Symbol Series Rate Shares
    Annual Expense Ratios

    As of 10/31/2013

      Per Common Share
    Management Fees0.91%
    Other Expenses:0.07%
    Baseline Expense: 0.98%
    Interest Expense:0.15%
    Total: 1.13%

    Fund Management

    Fund Sponsor
    Blackrock Advisors

    Portfolio Managers
    Stephan Bassas (01 Jun 2011) / Jeffrey Cucunato (01 Jun 2011) / Mitchel Garfin (01 Jun 2011)

    Basics
    Category:Taxable Income-Investment Grade
    Ticker:BTZ
    NAV Ticker:XBTZX
    Average Daily Volume (shares):
    Average Daily Volume (USD): 
    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 8/1/2014

    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.

    Declared Date Payable Date Ex Date Distrib Amount Income Long Gain Short Gain ROC
    Key Information Regarding Distributions
    Avg. Earnings Per Share:
    As of 4/30/2014
    $0.0835
    Annualized Distribution Rate on NAV:
    As of 8/1/2014
    6.25%
    Total Return on NAV (12 months):
    As of 8/1/2014
    11.43%
    Avg. UNII Per Share:
    As of 4/30/2014
    $0.0266
    Total % Portfolio Effectively Leveraged:
    As of 8/1/2014
    30.84%

    Pricing Information

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

    As of 8/1/2014

    PeriodAvg Discount
    6 Month-11.95%
    1 Year-12.96%
    3 Year-10.62%
    5 Year-10.96%
    Pricing History
    Date NAV Premium / Discount

    Performance

    Calendar Year Total Returns

    As of 8/1/2014
    Category: Investment Grade Leveraged

    Past 20 Years

    Return YearPriceNAVCategory - PriceCategory - NAV
    YTD7.04%7.43%9.92%9.67%
    20132.23%3.55%0.31%4.90%
    201221.43%19.28%20.45%25.80%
    20117.79%4.27%13.64%0.79%
    201015.42%17.40%22.00%25.29%
    200957.51%52.23%50.09%51.80%
    2008-43.95%-44.42%-9.44%-20.40%
    2007-25.09%-11.40%-10.29%2.98%
    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 8/1/2014
    Category: Investment Grade Leveraged

    Past performance is no guarantee of future results.

    Portfolio Characteristics

    Portfolio Characteristics
    Number of Holdings:
    As of 4/30/2014
    535
    Annual Portfolio Turnover:
    As of 10/31/2013
    43.00%
    Asset Allocation

    As of 4/30/2014 reported by Fund Sponsor

    Top Sectors

    As of 4/30/2014 reported by Fund Sponsor

    Sector%Portfolio
    Debt - Corp Long 78.01%
    Debt - Pref Shrs 15.37%
    Debt - US Treasuries 3.70%
    Net Current Assets 1.07%
    Debt - Muni Taxable 0.73%
    Debt - Asset-Backed Sec 0.50%
    Debt - Agency 0.43%
    Debt - Short 0.10%
    Derivatives (War Opt Fut)0.09%
    Top Holdings

    As of 4/30/2014 reported by Fund Sponsor

    HoldingValue% Portfolio
    US Treasury Note 2.75% 2.75 15 Feb 2024$89.20M3.70%
    Aviation Cap Grp 7.125% 7.13 15 Oct 2020$34.81M1.44%
    Altria Grp 10.2% 10.20 06 Feb 2039$22.38M0.93%
    Moodys Corp., 6.06% 6.06 07 Sep 2017$20.68M0.86%
    Norfolk Southern Corp., 6.00% 6.00$20.20M0.84%
    Bk Amer 5% 5.00 13 May 2021$18.84M0.78%
    Centaur Funding Corp., Series B, 9.08% 9.08$18.82M0.78%
    Goldman Sachs Grp 6.25% 6.25 01 Feb 2041$17.92M0.74%
    Jp Morgan Chase- Co. : Series R, 6.00% 6.00$17.69M0.73%
    Hsbc Capital Funding Lp, 10.18% 10.18$17.28M0.72%
    State Street Capital Trust Iv, 1.23% 1.23 01 Jun 2077$17.35M0.72%
    Credit Quality

    As of 12/31/2013 reported by Fund Sponsor

    Country Allocation

    As of 4/30/2014 reported by Fund Sponsor

    Country% Portfolio
    USA 99.71%
    Global 0.29%

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