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 (%) |
|---|---|---|---|---|---|
| BZ Brandon Zatopek Commonwealth Equity Services LLC | 18,654 | $233,540 | $207,805.56 | -$25,734.44 | -11.02% |
| PER Paul E. Rasmussen SIT INVESTMENT ASSOCIATES Inc. | 4.33M | $58.03M | $48.19M | -$9.84M | -16.95% |
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 6,826 | $89,147.56 | $76,041.64 | -$13,105.92 | -14.7% |
| LJB Laura J. Bornheimer GWN SECURITIES Inc. | 14,620 | $207,443.18 | $162,574.4 | -$44,868.78 | -21.63% |
| RR rosemary richard WCG Wealth Advisors LLC | 29,375 | $428,875 | $326,391.5 | -$102,483.5 | -23.9% |