BlackRock Income:BKT

    Manage Alerts

    Overview

    As of 1/15/2021

     Share
    Price
    NAVPremium/
    Discount
    Current$6.00$6.18-2.91%
    52 Wk Avg$6.09$6.31-3.36%
    52 Wk High$6.25$6.57-1.30%
    52 Wk Low$5.36$6.07-11.82%
    Regular Distribution TypeIncome Only
    Distribution Rate6.88%
    Distribution Amount$0.0344
    Distribution FrequencyMonthly
    Past performance is no guarantee of future results.

    Basic Information

    Investment Objective

    The Fund seeks a high level of current income with capital preservation. It invests at least 80% of its assets in securities guaranteed by the US government or rated either AAA by S&P or Aaa by Moody's. The Fund also invests at least 65% of its assets in mortgage-backed securities.

    Capital Structure

    As of 1/15/2021

    Total Investment Exposure:$579.310M
    Total Common Assets:$394.266M
    Common Shares Outstanding:63,797,112
    Leverage

    As of 1/15/2021

    Preferred Share Assets:
    Total Debt (USD): $185.044M
    Regulatory Leverage (USD):
    Effective Leverage (USD): $185.044M
    Effective Leverage (%): 31.94%
    Annual Expense Ratios

    As of 12/31/2020

      Per Common Share
    Management Fees0.65%
    Other Expenses:0.29%
    Baseline Expense: N/A
    Interest Expense:1.12%
    Total: 2.06%
    Fund Management

    Fund Sponsor
    BlackRock

    Portfolio Managers
    Matthew Kraeger, Ron Sion

    Basics
    Category: Fixed Income - Taxable-Investment Grade
    Ticker: BKT
    NAV Ticker: XBKTX
    Average Daily Volume (shares): 290,688
    Average Daily Volume (USD): $1.759M
    Inception Date: 8/1/1988
    Inception Share Price: $10.00
    Inception NAV: $0.00
    Tender Offer: No
    Term: No
    Fiscal Year End: December 31
    Third Party Links & Reports

    Distributions

    As of 1/15/2021

    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 6/30/2020
    $0.1459
    Annualized Distribution Rate on NAV:
    As of 1/15/2021
    6.68%
    Total Return on NAV (12 months):
    As of 1/15/2021
    4.73%
    Avg. Portfolio Coupon:
    As of 1/15/2021
    4.51%
    Total % Portfolio Effectively Leveraged:
    As of 1/15/2021
    31.94%

    Pricing Information

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

    As of 1/15/2021

    PeriodAvg Discount
    6 Month-2.33%
    1 Year-3.36%
    3 Year-5.90%
    5 Year-6.23%
    Z-Score

    As of 1/15/2021

    PeriodZStat
    3 Month-1.75
    6 Month-1.11
    1 Year0.25
    Pricing History
    Date NAV Premium / Discount

    Performance

    Calendar Year Total Returns

    As of 12/31/2020
    Category: Morningstar US CEF Investment Grade

    Past 20 Years

    Return YearPriceNAVCategory - PriceCategory - NAV
    YTD7.35%4.73%6.79%7.72%
    20207.35%4.73%6.79%7.72%
    201914.89%7.57%22.17%13.63%
    2018-2.59%0.81%-5.98%-2.32%
    20172.57%2.22%10.93%8.34%
    20164.27%1.74%10.79%8.05%
    20155.73%2.65%0.71%-1.10%
    20145.56%4.81%8.71%7.36%
    2013-5.63%-0.08%-4.78%0.23%
    20126.95%2.62%13.98%13.94%
    201113.47%8.26%8.46%5.12%
    201012.32%12.03%11.32%12.89%
    200913.26%11.99%34.31%31.42%
    200811.96%9.12%  
    2007-3.41%5.39%  
    20067.28%4.97%  
    2005-9.01%3.55%  
    20044.72%4.99%  
    20033.46%1.82%  
    200220.93%7.68%  
    200121.37%18.84%  
    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 12/31/2020
    Category: Morningstar US CEF Investment Grade

    Past performance is no guarantee of future results.

    Portfolio Characteristics

    Portfolio Characteristics
    Average Coupon:
    As of 1/15/2021
    4.51%
    Number of Holdings:
    As of 9/30/2020
    252
    Annual Portfolio Turnover:
    As of 12/31/2020
    255.00%
    Average Bond Price:
    As of 9/30/2020
    $107.62
    Asset Allocation

    As of 9/30/2020 reported by Fund Sponsor

    Top Sectors

    As of 9/30/2020 reported by Fund Sponsor

    Sector%Portfolio
    Securitized (Super Sector)126.29%
    Agency Mortgage Backed124.85%
    Government (Super Sector)2.67%
    Government Related2.67%
    Government Commercial Mortgage Backed1.37%
    Corporate (Super Sector)0.10%
    Bank Loan0.10%
    Non Agency Residential Mortgage Backed0.07%
    Government0.00%
    Asset Backed0.00%
    Top Holdings

    As of 9/30/2020 reported by Fund Sponsor

    HoldingValue% Portfolio
    Federal National Mortgage Association 4.5%$50.60M11.60%
    Federal National Mortgage Association 4%$39.15M8.98%
    Federal National Mortgage Association 2%$25.86M5.93%
    Federal Home Loan Mortgage Corporation 4%$18.44M4.23%
    Federal National Mortgage Association 4%$39.15M8.98%
    Federal National Mortgage Association 4%$39.15M8.98%
    Government National Mortgage Association 4%$16.16M3.71%
    Federal National Mortgage Association 4%$39.15M8.98%
    Federal National Mortgage Association 7.06%$11.91M2.73%
    Federal Home Loan Mortgage Corporation 4.5%$11.70M2.68%
    Credit Quality

    As of 9/30/2020 reported by Fund Sponsor

    Maturity Breakdown

    As of 9/30/2020 reported by Fund Sponsor

    Country Allocation

    As of 9/30/2020 reported by Fund Sponsor

    Country% Portfolio
    United States - Fixed Income128.69%

    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-1456789PR-Y1220W