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BIT
Upturn stock ratingUpturn stock rating

Blackrock Multi Sector Income Closed Fund (BIT)

Upturn stock ratingUpturn stock rating
$13.72
Last Close (24-hour delay)
Profit since last BUY-0.14%
upturn advisory
SELL
SELL since 5 days
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
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Upturn Advisory Summary

08/28/2025: BIT (1-star) is a SELL. SELL since 5 days. Profits (-0.14%). Updated daily EoD!

Upturn Star Rating

rating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Analysis of Past Performance

Type Stock
Historic Profit 8.47%
Avg. Invested days 55
Today’s Advisory SELL
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 3.0
Stock Returns Performance Upturn Returns Performance 2.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 08/28/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 609.59M USD
Price to earnings Ratio 11.94
1Y Target Price -
Price to earnings Ratio 11.94
1Y Target Price -
Volume (30-day avg) -
Beta -
52 Weeks Range 12.18 - 14.62
Updated Date 06/29/2025
52 Weeks Range 12.18 - 14.62
Updated Date 06/29/2025
Dividends yield (FY) 10.19%
Basic EPS (TTM) 1.22

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin -
Operating Margin (TTM) -

Management Effectiveness

Return on Assets (TTM) -
Return on Equity (TTM) -491.95%

Valuation

Trailing PE 11.94
Forward PE -
Enterprise Value -
Price to Sales(TTM) 12.17
Enterprise Value -
Price to Sales(TTM) 12.17
Enterprise Value to Revenue 20.06
Enterprise Value to EBITDA -
Shares Outstanding 41838500
Shares Floating -
Shares Outstanding 41838500
Shares Floating -
Percent Insiders -
Percent Institutions 17.29

ai summary icon Upturn AI SWOT

Blackrock Multi Sector Income Closed Fund

stock logo

Company Overview

overview logo History and Background

BlackRock Multi-Sector Income Trust (BIT) is a closed-end fund. It was incepted on July 29, 2013. BIT invests in a portfolio of fixed-income securities and seeks to provide current income, with a secondary objective of capital appreciation. It is managed by BlackRock Advisors, LLC.

business area logo Core Business Areas

  • Investment Management: Manages a portfolio of fixed-income securities, aiming to provide current income with a secondary objective of capital appreciation.

leadership logo Leadership and Structure

The fund is managed by BlackRock Advisors, LLC. Specific names of individual managers can vary and should be researched from BlackRock's website or financial reports. As a closed-end fund, it does not have a traditional executive team like an operating company.

Top Products and Market Share

overview logo Key Offerings

  • Multi-Sector Fixed Income Portfolio: BIT invests in a diversified portfolio of fixed-income assets across various sectors, including government and agency securities, corporate bonds, mortgage-backed securities, and asset-backed securities. Market share is not directly applicable to closed-end funds. Competitors are other multi-sector bond funds (e.g. PIMCO Dynamic Income Fund (PDI)).

Market Dynamics

industry overview logo Industry Overview

The closed-end fund (CEF) market, particularly in fixed income, is sensitive to interest rate changes, credit spreads, and overall economic conditions. Demand is driven by investors seeking income in a low-yield environment.

Positioning

BIT is positioned as a multi-sector fixed-income fund seeking to generate current income. Its competitive advantage lies in BlackRock's extensive resources and expertise in managing fixed-income portfolios.

Total Addressable Market (TAM)

The total addressable market for multi-sector fixed income funds is in the trillions of dollars. BIT's position is a small fraction of this overall market, relying on BlackRock's brand and performance to attract and retain investors.

Upturn SWOT Analysis

Strengths

  • Experienced management team (BlackRock)
  • Diversified portfolio across multiple fixed-income sectors
  • Strong brand recognition of BlackRock
  • Access to BlackRock's global research capabilities

Weaknesses

  • Subject to market risk and volatility in fixed-income markets
  • Management fees can impact returns
  • Discount to NAV can fluctuate
  • Sensitivity to interest rate changes

Opportunities

  • Increasing demand for income-generating investments
  • Potential for capital appreciation in certain fixed-income sectors
  • Expansion into new fixed-income markets or strategies
  • Leveraging BlackRock's technology and analytics

Threats

  • Rising interest rates
  • Credit spread widening
  • Economic recession
  • Increased competition from other fixed-income funds

Competitors and Market Share

competitor logo Key Competitors

  • PDI
  • PCI
  • DMO

Competitive Landscape

BIT competes with other multi-sector fixed-income funds. Its advantage lies in BlackRock's brand and scale, while its disadvantage can be its expense ratio and market fluctuations.

Growth Trajectory and Initiatives

Historical Growth: Historical growth is determined by market conditions, fund performance, and investor demand.

Future Projections: Future projections are not provided due to the dynamic nature of the market and should be sourced from reputable financial analysts.

Recent Initiatives: Information on recent strategic initiatives should be sourced directly from BlackRock's investor relations materials or press releases.

Summary

BlackRock Multi-Sector Income Trust (BIT) is a well-established closed-end fund benefiting from BlackRock's brand and expertise. Its diversified portfolio helps to generate stable income but faces risks related to interest rate changes and market volatility. Competitors and expense ratios need monitoring. Overall, BIT is a solid income-generating option with standard risks.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • BlackRock official website
  • Financial reports
  • Third-party financial data providers (e.g., Bloomberg, Reuters)

Disclaimers:

This analysis is for informational purposes only and does not constitute investment advice. Market conditions and fund performance are subject to change.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Blackrock Multi Sector Income Closed Fund

Exchange NYSE
Headquaters New York, NY, United States
IPO Launch date 2013-02-26
CEO -
Sector Financial Services
Industry Asset Management
Full time employees -
Full time employees -

BlackRock Multi-Sector Income Trust is a close ended fixed income mutual fund launched by BlackRock, Inc. It is co-managed by BlackRock Advisors, LLC and BlackRock (Singapore) Limited. The fund invests in fixed income markets. It invests primarily in loan and debt instruments and other investments with similar economic characteristic. BlackRock Multi-Sector Income Trust was formed on February 25, 2013 and is domiciled in the United States.