BIT
BIT 1-star rating from Upturn Advisory

Blackrock Multi Sector Income Closed Fund (BIT)

Blackrock Multi Sector Income Closed Fund (BIT) 1-star rating from Upturn Advisory
$13.2
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Upturn Advisory Summary

11/05/2025: BIT (1-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

Upturn 1 star rating for performance

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 6.67%
Avg. Invested days 54
Today’s Advisory PASS
Upturn Star Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance icon 3.0
Stock Returns Performance Upturn Returns Performance icon 2.0
Upturn Profits based on simulation icon Profits based on simulation
Upturn last close icon Last Close 11/05/2025

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

Icon representing Upturn AI-generated SWOT analysis summary Upturn AI SWOT

Blackrock Multi Sector Income Closed Fund

Blackrock Multi Sector Income Closed Fund(BIT) company logo displayed in Upturn AI summary

Company Overview

Company history and background logo History and Background

BlackRock Multi-Sector Income Trust (BIT) is a closed-end fund. The fund invests in a portfolio of fixed-income securities. Specific founding year not readily available; it operates as a segment of BlackRock's broader investment management business.

Company business area logo Core Business Areas

  • Fixed Income Investments: Actively manages a portfolio of various fixed-income asset classes, including government bonds, corporate bonds, mortgage-backed securities, and high-yield debt.
  • Closed-End Fund Management: Operates as a closed-end fund, meaning a fixed number of shares are issued and traded on the open market.

leadership logo Leadership and Structure

As a fund managed by BlackRock, leadership is derived from BlackRock's overall management structure. The fund is overseen by a portfolio management team within BlackRock's fixed-income division.

Top Products and Market Share

Product Key Offerings logo Key Offerings

  • BlackRock Multi-Sector Income Trust (BIT): BIT is a closed-end fund focused on fixed-income investments across multiple sectors. Market share data is not readily available for individual closed-end funds; competition is across various fixed-income investment vehicles, including open-end mutual funds and ETFs. Competitors include PIMCO, Nuveen, and Eaton Vance closed-end funds.

Market Dynamics

industry overview logo Industry Overview

The closed-end fund industry is characterized by actively managed funds with a fixed number of shares. It offers potential for higher yields and discounts/premiums to net asset value (NAV).

Positioning

BIT is positioned as a multi-sector fixed-income fund, offering diversification across various debt markets. Its competitive advantage lies in BlackRock's established investment expertise and global reach.

Total Addressable Market (TAM)

The TAM for fixed-income investments is vast, encompassing trillions of dollars. BIT's position is a small fraction of this overall market, focused on income-seeking investors within the closed-end fund segment.

Upturn SWOT Analysis

Strengths

  • BlackRock's brand reputation
  • Diversified multi-sector fixed income strategy
  • Experienced portfolio management team
  • Potential for higher yields compared to some other fixed-income options

Weaknesses

  • Closed-end fund structure can lead to NAV discounts
  • Reliance on BlackRock's overall performance
  • Management fees
  • Interest rate sensitivity of fixed-income investments

Opportunities

  • Increasing demand for income-generating investments
  • Expanding into new fixed-income sectors
  • Leveraging BlackRock's technology and research capabilities
  • Potential for NAV appreciation

Threats

  • Rising interest rates
  • Economic downturn
  • Increased competition from other fixed-income funds
  • Regulatory changes impacting the fixed-income market

Competitors and Market Share

Key competitor logo Key Competitors

  • PIMCO (PCM)
  • Nuveen (JQC)
  • Eaton Vance (EV)
  • DoubleLine (DBL)

Competitive Landscape

BIT benefits from BlackRock's resources and brand. However, it faces competition from other well-established fixed-income managers. Key differentiators include specific sector allocations and management strategies.

Growth Trajectory and Initiatives

Historical Growth: Historical growth is linked to the performance of its underlying fixed-income investments and market conditions.

Future Projections: Future growth projections depend on market analysts' estimates and are subject to change based on economic factors.

Recent Initiatives: Recent initiatives would include adjustments to the portfolio based on market outlook and investment strategy within the fixed-income space.

Summary

BlackRock Multi-Sector Income Trust benefits from the extensive resources and reputation of BlackRock. The fund's diversified approach offers income-seeking investors access to multiple fixed-income sectors, but the closed-end fund structure can create NAV discounts. Investors should consider the fund's management fees and sensitivity to interest rate changes. Overall, BIT is a viable option, but the investor must be aware of the volatility that comes with a closed end fund and what the premium or discount is.

Similar Stocks

Sources and Disclaimers

Data Sources:

  • BlackRock's official website
  • Financial news sources
  • Analyst reports

Disclaimers:

This analysis is based on publicly available information and is not financial advice. Investment decisions should be made with the advice of a qualified financial advisor.

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Information icon for Upturn AI Summarization data freshness disclaimer Summarized information shown could be a few years old and not current.

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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.