BlackRock Income:BKT

    Manage Alerts

    Overview

    As of 5/6/2025. NAV as of 5/5/2025.

     Share
    Price    		NAVPremium/
    Discount
    Current$11.54$11.88-2.53%
    52 Wk Avg$11.88$12.11-1.87%
    52 Wk High$12.67$12.820.77%
    52 Wk Low$11.22$11.60-5.11%
    Regular Distribution Type†Managed Distribution
    Distribution Rate9.17%
    Distribution Amount$0.0882
    Distribution FrequencyMonthly
    Past performance is no guarantee of future results.

    Basic Information

    Investment Objective

    The Fund seeks to manage a portfolio of high-quality securities to achieve both preservation of capital and high monthly income. The Fund seeks to achieve its investment objective by investing at least 65% of its assets in mortgage-backed securities. The Fund invests at least 80% of its assets in securities that are (i) issued or guaranteed by the U.S. government or one of its agencies or instrumentalities or (ii) rated at the time of investment either AAA by S&P Global Ratings or Aaa by Moody’s Investors Service, Inc. The Fund may invest directly in such securities or synthetically through the use of derivatives.

    Capital Structure

    As of 5/6/2025

    Total Investment Exposure:$329.980M
    Total Common Assets:$253.135M
    Common Shares Outstanding:21,307,672
    Leverage

    As of 5/5/2025

    Preferred Share Assets:
    Total Debt (USD): $76.845M
    Regulatory Leverage (USD):
    Effective Leverage (USD): $76.845M
    Effective Leverage (%): 23.29%
    Annual Expense Ratios

    As of 12/31/2024

      Per Common Share
    Management Fees0.65%
    Other Expenses:0.29%
    Baseline Expense: N/A
    Interest Expense:1.81%
    Total: 2.75%
    Fund Management

    Fund Sponsor
    BlackRock

    Portfolio Managers
    Matthew Kraeger, Nicholas Kramvis

    Basics
    Category: Fixed Income - Taxable-Investment Grade
    Ticker: BKT
    NAV Ticker: XBKTX
    Average Daily Volume (shares): 66,326
    Average Daily Volume (USD): $0.787M
    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 5/6/2025

    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.

    to
    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 12/31/2024    		 $0.1825
    Annualized Distribution Rate on NAV:
    As of 5/6/2025    		8.91%
    Total Return on NAV (12 months):
    As of 5/6/2025    		11.55%
    Avg. Portfolio Coupon:
    As of 5/6/2025    		 4.07%
    Total % Portfolio Effectively Leveraged:
    As of 5/6/2025     		23.29%

    Pricing Information

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

    As of 5/6/2025

    PeriodAvg Discount
    6 Month-1.77%
    1 Year-1.87%
    3 Year-3.36%
    5 Year-0.06%
    Z-Score

    As of 5/6/2025

    PeriodZStat
    3 Month-0.38
    6 Month-0.71
    1 Year-0.65
    Pricing History
     from  
    Date NAV Premium / Discount

    Performance

    Calendar Year Total Returns

    As of 4/30/2025
    Category: Morningstar US CEF Investment Grade

    Past 20 Years

    Return YearPriceNAVCategory - PriceCategory - NAV
    YTD4.78%4.86%0.77%2.57%
    20243.33%1.06%10.32%5.40%
    20237.64%5.65%11.40%9.27%
    2022-21.52%-17.00%-22.33%-16.45%
    2021-0.26%-2.01%6.10%2.61%
    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%  
    201113.47%8.26%  
    201012.32%12.03%  
    200913.26%11.99%  
    200811.96%9.12%  
    2007-3.41%5.39%  
    20067.28%4.97%  
    2005-9.01%3.55%  
    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 4/30/2025
    Category: Morningstar US CEF Investment Grade

    Past performance is no guarantee of future results.

    Portfolio Characteristics

    Portfolio Characteristics
    Average Coupon:
    As of 5/5/2025    		4.07%
    Average Maturity:
    As of 12/31/2024    		10.60 yrs
    Number of Holdings:
    As of 12/31/2024    		200
    Annual Portfolio Turnover:
    As of 12/31/2024    		269.00%
    Average Bond Price:
    As of 12/31/2024    		$85.93
    Asset Allocation

    As of 12/31/2024

    Top Sectors

    As of 12/31/2024

    Sector%Portfolio
    Securitized (Super Sector)118.86%
    Agency Mortgage Backed117.97%
    Government Related3.42%
    Government (Super Sector)3.19%
    Government Commercial Mortgage Backed0.86%
    Non Agency Residential Mortgage Backed0.03%
    Asset Backed0.00%
    Government-0.23%
    Cash Equivalents-22.05%
    Cash Equivalents (Super Sector)-22.05%
    Top Holdings

    As of 12/31/2024

    HoldingValue% Portfolio
    Federal National Mortgage Association 3%$30.15M10.15%
    Federal National Mortgage Association 4.5%$24.39M8.21%
    Federal National Mortgage Association 4%$17.65M5.94%
    Federal Home Loan Mortgage Corp. 4%$14.47M4.87%
    Federal National Mortgage Association 4%$17.65M5.94%
    Resolution Funding Corp 0%$10.17M3.42%
    Federal National Mortgage Association 4.5%$24.39M8.21%
    Government National Mortgage Association 4%$8.31M2.80%
    Federal Home Loan Mortgage Corp. 4%$14.47M4.87%
    Federal National Mortgage Association 4%$17.65M5.94%
    Credit Quality

    As of 12/31/2024

    Maturity Breakdown

    As of 12/31/2024

    Country Allocation

    As of 12/31/2024

    Country% Portfolio
    United States - Fixed Income122.05%

    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. In general, managed distributions may be sourced from net investment income, realized gains and return of capital. CEFConnect.com does not undertake to disclose specific information about closed-end fund distribution sources. 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.

    E-2949862P-E0623W

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