BlackRock Multi-Sector Income:BIT

    Manage Alerts

    Overview

    As of 9/20/2019

     Share
    Price
    NAVPremium/
    Discount
    Current$17.13$18.37-6.75%
    52 Wk Avg$16.69$18.49-9.73%
    52 Wk High$17.57$19.10-5.68%
    52 Wk Low$14.89$17.73-16.86%
    Regular Distribution TypeIncome Only
    Distribution Rate8.18%
    Distribution Amount$0.1167
    Distribution FrequencyMonthly
    Past performance is no guarantee of future results.

    Basic Information

    Investment Objective

    The Fund seeks high current income with capital preservation through investment across multiple sectors of the fixed income securities market.

    Capital Structure

    As of 9/20/2019

    Total Net Assets:$1,088.187M
    Total Common Assets:$696.315M
    Common Shares Outstanding:37,946,314
    Leverage

    As of 4/30/2019

    Preferred Share Assets:
    Type of Preferred:
    Total Debt (USD):
    Structural Leverage (USD):
    Structural Leverage (%): 0.00%
    Effective Leverage (USD): $392.000M
    Effective Leverage (%): 35.95%
    Annual Expense Ratios

    As of 10/31/2018

      Per Common Share
    Management Fees1.31%
    Other Expenses:0.10%
    Baseline Expense: 1.41%
    Interest Expense:1.47%
    Total: 2.88%
    Fund Management

    Fund Sponsor
    Blackrock Advisors

    Portfolio Managers
    Akiva Dickstein (26 Feb 2013) / Thomas Musmanno (26 Feb 2013) / Randy Robertson (13 Jun 2014)

    Basics
    Category: Taxable Income-Multi-Sector
    Ticker: BIT
    NAV Ticker: XBITX
    Average Daily Volume (shares): 127,000
    Average Daily Volume (USD): $2.101M
    Inception Date: 2/26/2013
    Inception Share Price: $20.00
    Inception NAV: $19.06
    Tender Offer: No
    Term: No
    Fiscal Year End: October 31
    Third Party Links & Reports

    Distributions

    As of 9/20/2019

    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

    *Indicates a Special Distribution: A distribution disbursed in addition to the normal distributions paid out by the company.

    Key Information Regarding Distributions
    Avg. Earnings Per Share:
    As of 7/31/2019
    $0.0940
    Annualized Distribution Rate on NAV:
    As of 9/20/2019
    7.63%
    Total Return on NAV (12 months):
    As of 9/20/2019
    5.03%
    Avg. UNII Per Share:
    As of 7/31/2019
    -$0.1880
    Total % Portfolio Effectively Leveraged:
    As of 9/20/2019
    35.95%

    Pricing Information

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

    As of 9/20/2019

    PeriodAvg Discount
    6 Month-7.87%
    1 Year-9.73%
    3 Year-9.19%
    5 Year-10.38%
    Z-Score

    As of 9/20/2019

    PeriodZStat
    3 Month0.30
    6 Month0.90
    1 Year1.20
    Pricing History
    Date NAV Premium / Discount

    Performance

    Calendar Year Total Returns

    As of 9/20/2019
    Category: Multi-Sector Leveraged

    Past 20 Years

    Return YearPriceNAVCategory - PriceCategory - NAV
    YTD17.84%8.75%20.04%11.48%
    2018-8.04%-3.04%-2.45%-0.76%
    201719.95%16.50%17.13%16.33%
    201617.18%11.49%20.31%14.85%
    20153.14%2.30%-9.80%-4.12%
    20146.54%9.47%6.74%6.88%
    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 9/20/2019
    Category: Multi-Sector Leveraged

    Past performance is no guarantee of future results.

    Portfolio Characteristics

    Portfolio Characteristics
    Number of Holdings:
    As of 4/30/2019
    1175
    Annual Portfolio Turnover:
    As of 10/31/2018
    38.00%
    Asset Allocation

    As of 1/31/2018 reported by Fund Sponsor

    Top Sectors

    As of 6/30/2018 reported by Fund Sponsor

    Sector%Portfolio
    No Industry 30.92%
    Banking 13.77%
    Communications 7.58%
    Energy 5.94%
    Consumer Non-Cyclical 5.49%
    Consumer Cyclicals 5.10%
    Treasury 4.40%
    Capital Goods 4.12%
    Technology 3.50%
    US Agencies 3.31%
    Top Holdings

    As of 10/31/2018 reported by Fund Sponsor

    HoldingValue% Portfolio
    Aviron Capital Llc, 2017 Term Loan, (3 M 5.00 17 Jul 2020$63.08M5.21%
    Fannie Mae Mortgage-Backed Securities: 4 4.50 01 Jul 2055$41.83M3.46%
    Fannie Mae Mortgage-Backed Securities: 4 4.00 01 Apr 2056$20.29M1.68%
    Fremont Home Loan Trust: Series2006-A,cl 2.44 25 May 2036$15.45M1.28%
    Firstar Realty Llc, 8.88% 8.88$11.60M0.96%
    Fremont Home Loan Trust: Series2006-D,cl 2.43 25 Nov 2036$10.28M0.85%
    Goldman Sachs Group, Inc., Series J, 5.5 5.50$9.97M0.82%
    Chl Mortgage Pass-Through Trust: Series2 2.52 25 Mar 2036$9.15M0.76%
    Unique Pub Finance Co plc 7.4% 7.40 28 Mar 2024$9.02M0.75%
    Wells Fargo& Co.: Series S, 5.90% 5.90$8.97M0.74%
    Morgan Stanleyre-Remictrust, Series2010- 3.23 26 May 2037$8.82M0.73%
    Country Allocation

    As of 6/30/2018 reported by Fund Sponsor

    Country% Portfolio
    USA 80.83%
    Other Countries 11.10%
    UK 2.49%
    Canada 2.30%
    France 1.78%
    Argentina 1.50%

    Closed-end fund historical distribution sources have included net investment income, realized gains, and return of capital. For more detailed information on the distributions of a specific fund, please visit the sponsor's website.

    NOTES:

    Distribution type sourced from Morningstar. For specific information about a fund's distribution sources, visit the fund sponsor's website.

    The following information applies to closed-end funds in general: Fund shares are not guaranteed or endorsed by any bank or other insured depository institution, and are not federally insured by the Federal Deposit Insurance Corporation. Shares of closed-end funds are subject to investment risks, including the possible loss of principal invested. There can be no assurance that fund objectives will be achieved. Closed-end funds frequently trade at a discount to their net asset value. NAV returns are net of fund expenses, and assume reinvestment of distributions.

    EWB-854124PR-E