BlackRock Credit Allocation Income Trust:BTZ

    Manage Alerts


    As of 6/11/2021

    52 Wk Avg$14.41$15.31-5.86%
    52 Wk High$15.37$15.78-1.04%
    52 Wk Low$13.18$14.51-9.64%
    Regular Distribution TypeIncome Only
    Distribution Rate6.61%
    Distribution Amount$0.0839
    Distribution FrequencyMonthly
    Past performance is no guarantee of future results.

    Basic Information

    Investment Objective

    The Trust seeks current income, current gains and capital appreciation. Normally, it will invest at least 80% of its total assets in credit-related securities, including, but not limited to, investment grade corporate bonds, high yield bonds, bank loans, preferred securities or convertible bonds or derivatives with economic characteristics similar to these credit-related securities.

    Capital Structure

    As of 6/11/2021

    Total Investment Exposure:$2,072.445M
    Total Common Assets:$1,458.272M
    Common Shares Outstanding:93,478,999

    As of 6/11/2021

    Preferred Share Assets:
    Total Debt (USD): $614.172M
    Regulatory Leverage (USD):
    Effective Leverage (USD): $614.172M
    Effective Leverage (%): 29.64%
    Annual Expense Ratios

    As of 10/31/2020

      Per Common Share
    Management Fees0.86%
    Other Expenses:0.08%
    Baseline Expense: N/A
    Interest Expense:0.41%
    Total: 1.35%
    Fund Management

    Fund Sponsor

    Portfolio Managers
    Jeffrey Cucunato, Mitchell S. Garfin, Stephan Bassas

    Category: Fixed Income - Taxable-Investment Grade
    Ticker: BTZ
    NAV Ticker: XBTZX
    Average Daily Volume (shares): 231,704
    Average Daily Volume (USD): $3.325M
    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


    As of 6/11/2021

    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 12/31/2020
    Annualized Distribution Rate on NAV:
    As of 6/11/2021
    Total Return on NAV (12 months):
    As of 6/11/2021
    Avg. Portfolio Coupon:
    As of 6/11/2021
    Total % Portfolio Effectively Leveraged:
    As of 6/11/2021

    Pricing Information

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

    As of 6/11/2021

    PeriodAvg Discount
    6 Month-4.20%
    1 Year-5.86%
    3 Year-8.91%
    5 Year-9.49%

    As of 6/11/2021

    3 Month0.91
    6 Month1.43
    1 Year1.68
    Pricing History
    Date NAV Premium / Discount


    Calendar Year Total Returns

    As of 5/31/2021
    Category: Morningstar US CEF Investment Grade

    Past 20 Years

    Return YearPriceNAVCategory - PriceCategory - NAV
    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 5/31/2021
    Category: Morningstar US CEF Investment Grade

    Past performance is no guarantee of future results.

    Portfolio Characteristics

    Portfolio Characteristics
    Average Coupon:
    As of 6/11/2021
    Number of Holdings:
    As of 3/31/2021
    Annual Portfolio Turnover:
    As of 10/31/2020
    Average Bond Price:
    As of 3/31/2021
    Asset Allocation

    As of 3/31/2021 reported by Fund Sponsor

    Top Sectors

    As of 3/31/2021 reported by Fund Sponsor

    Corporate (Super Sector)128.09%
    Corporate Bond117.86%
    Securitized (Super Sector)7.87%
    Asset Backed7.87%
    Preferred Stock2.82%
    Government (Super Sector)2.69%
    Municipal (Super Sector)0.89%
    State Allocation

    As of 3/31/2021 reported by Fund Sponsor

    State% Portfolio
    New York0.89%
    Top Holdings

    As of 3/31/2021 reported by Fund Sponsor

    HoldingValue% Portfolio
    Altria Group, Inc. 10.2%$22.53M1.57%
    Verizon Communications Inc. 6.55%$19.93M1.39%
    HSBC Capital Funding Dollar I L.P. 10.18%$19.70M1.37%
    TransDigm, Inc. 6.25%$16.87M1.17%
    Progress Energy, Inc. 7%$16.55M1.15%
    Norfolk Southern Corporation 6%$16.37M1.14%
    Northwestern Mutual Life Insurance Company 6.06%$16.26M1.13%
    International Paper Company 7.3%$15.26M1.06%
    United Health Group Incorporated 6.88%$15.15M1.05%
    AT&T Inc 3.5%$14.78M1.03%
    Credit Quality

    As of 3/31/2021 reported by Fund Sponsor

    Maturity Breakdown

    As of 3/31/2021 reported by Fund Sponsor

    Country Allocation

    As of 3/31/2021 reported by Fund Sponsor

    Country% Portfolio
    United States - Fixed Income98.84%
    United Kingdom - Fixed Income5.79%
    Ireland - Fixed Income3.35%
    France - Fixed Income2.75%
    Canada - Fixed Income2.43%
    Netherlands - Fixed Income2.26%
    Others - Fixed Income2.16%
    Mexico - Fixed Income1.21%
    Japan - Fixed Income1.10%
    Italy - Fixed Income1.09%
    Belgium - Fixed Income1.04%
    Switzerland - Fixed Income0.80%
    Brazil - Fixed Income0.61%
    Sweden - Fixed Income0.42%
    Spain - Fixed Income0.41%
    South Africa - Fixed Income0.37%
    Australia - Fixed Income0.36%
    Peru - Fixed Income0.36%
    Indonesia - Fixed Income0.35%
    Colombia - Fixed Income0.32%
    China - Fixed Income0.21%
    Germany - Fixed Income0.16%
    Norway - Fixed Income0.08%
    United States - Equity0.03%
    Chile - Fixed Income0.03%
    Finland - Fixed Income0.03%
    Poland - Fixed Income0.02%
    Israel - Fixed Income0.02%

    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.


    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.