BlackRock Multi-Sector Income Trust (BIT) is rated a sell due to ongoing NAV erosion and unsustainable distributions. BIT trades at a 7.05% discount to NAV, near multi-year lows, reflecting persistent structural challenges and high leverage in a tough rate environment. The fund's 11.8% yield is not covered by earnings, forcing asset sales and further NAV decline; a 25% distribution cut is recommended.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| PER Paul E. Rasmussen SIT INVESTMENT ASSOCIATES Inc. | 4.68M | $62.68M | $57.86M | -$4.82M | -7.68% |
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 7,227 | $94,384.62 | $89,289.58 | -$5,095.04 | -5.4% |
| LJB Laura J. Bornheimer GWN SECURITIES Inc. | 14,620 | $207,443.18 | $180,630.1 | -$26,813.08 | -12.93% |
| RR rosemary richard WCG Wealth Advisors LLC | 29,375 | $428,875 | $362,928.12 | -$65,946.88 | -15.38% |
Jennifer Grunberg Allspring Global Investments Holdings LLC | 372,532 | $4.66M | $4.62M | -$46,566.5 | -1% |