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BlackRock Multi-Sector Income Trust (XBITX)

Market Open
18 Aug, 13:31
NASDAQ NASDAQ
$
13. 09
-0.02
-0.1526%
$
- Market Cap
1.49% Div Yield
0 Volume
$ 13.11
Previous Close
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Day Range
13.09 13.09
Year Range
13.08 14.47
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Summary

XBITX trading today lower at $13.09, a decrease of -0.1526% from yesterday's close, completing a monthly decrease of -0.4563% or -$0.06. Over the past 12 months, XBITX stock lost -5.9626%.
XBITX pays dividends to its shareholders, with the most recent payment made on Jun 28, 2019. The next estimated payment will be in 28 Jul 2019 on Jul 28, 2019 for a total of $0.117.
The stock of the company had never split.
The company's stock is traded on one exchange.

XBITX Chart

BlackRock Multi-Sector Income Trust (XBITX) FAQ

What is the stock price today?

The current price is $13.09.

On which exchange is it traded?

BlackRock Multi-Sector Income Trust is listed on NASDAQ.

What is its stock symbol?

The ticker symbol is XBITX.

Does it pay dividends? What is the current yield?

Yes, It pays dividends and the current yield is 1.49%.

What is its market cap?

As of today, no market cap data is available.

Has BlackRock Multi-Sector Income Trust ever had a stock split?

No, there has never been a stock split.

BlackRock Multi-Sector Income Trust Profile

NASDAQ Exchange
United States Country

Overview

BlackRock Multi-Sector Income Trust is a closed-end fund meticulously designed to prioritize the generation of high current income, while also embarking on capital appreciation as its secondary aim. It takes a broad investment approach, channeling at least 80% of its managed assets into a diverse array of loan and debt instruments alongside other economically similar investments. The management of the fund is expertly handled by BlackRock Advisors and BlackRock (Singapore) Limited, encapsulating a wealth of experience and insight into its operations. This trust is distinguished by its commitment to a multi-sector investment strategy within the fixed income securities market, which significantly aids in mitigating risks associated with heavy reliance on any single market segment. It caters specifically to investors in search of reliable income streams, through its strategy of monthly distributions. Moreover, the trust stands out in the closed-end fund category, particularly for those focused on intricate fixed income allocations, by offering access to sophisticated, institutional-level investment strategies to individual investors. This facilitates enhanced diversification and income generation prospects within their wider investment portfolios.

Products and Services

  • Multi-Sector Fixed Income Investments

    The core offering of BlackRock Multi-Sector Income Trust is its focus on investments across various sectors of the fixed income market. By allocating a significant portion of its portfolio to loan and debt instruments, including corporate bonds, mortgage-backed securities, and other debt-related assets, the Trust aims to generate high current income while keeping a secondary focus on capital appreciation. This broad-based strategy is designed to leverage the diverse opportunities within the fixed income universe, enhancing the potential for risk-adjusted returns.

  • Monthly Income Distributions

    Understanding the needs of investors seeking steady income streams, BlackRock Multi-Sector Income Trust pays distributions on a monthly basis. This regular distribution mechanism is structured to deliver consistent cash flows to its shareholders, reflecting the Trust's commitment to serving as a reliable source of income. It addresses the preferences of income-focused investors, offering them the opportunity to reinvest their distributions or utilize them as a steady income source.

  • Access to Institutional-Level Strategies

    One of the unique attributes of BlackRock Multi-Sector Income Trust is its ability to provide individual investors with access to strategies and management expertise typically reserved for institutional investors. Managed by BlackRock, a global leader in investment management, the Trust employs sophisticated portfolio allocation and risk management techniques. This empowers individual investors to participate in complex investment strategies, facilitating greater diversification and the potential for enhanced returns within their investment portfolios.

Contact Information

Address: 50 Hudson Yards
Phone: 212 810 5300