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BlackRock Multi-Sector Income Trust of Beneficial Interest (BIT)

$12.16

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Key data on BIT

Market cap

$458741484

EPS

--

P/E ratio

10.6

Price to sales

7.81

Dividend yield

12.207%

Beta

0.489496

Price on BIT

Previous close

$13.08

Today's open

$12.20

Day's range

$12.16 - $12.25

52 week range

$12.16 - $15.12

Profile about BIT

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CEO

--

Employees

--

Headquarters

,

Exchange

New York Stock Exchange

Shares outstanding

--

Issue type

Common Stock

BIT industries and sectors

Finance

Asset Management Services

News on BIT

2 Monthly Dividends (Up To 11.9%) Built For The Inflation Panic

The crowd is still way too worried about interest rates—and their fear is handing us a shot at two stout monthly dividends (yielding up to 11.9%) on the cheap.

news source

Forbes • Jul 8, 2026

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BIT: Unsustainable Distribution And Inflation Make This Fund Unattractive

The BlackRock Multi-Sector Income Trust (BIT) offers a 12.03% yield but struggles to sustain its distribution, risking NAV erosion or a payout cut. BIT's portfolio is almost entirely USD-denominated bonds, which is currently optimal given dollar strength, but inflation and weak bond prospects loom. BIT's net investment income and capital gains fail to cover distributions, with NAV per share declining 4.46% YTD, indicating ongoing capital destruction.

news source

Seeking Alpha • Jun 23, 2026

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7 High-Yield Fixed Income CEFs Trading At Wide Discounts

Seven high-yield fixed income CEFs—ARDC, BGH, BIT, GHY, KIO, OPP, WDI—currently trade at wider-than-average discounts, offering yields from 10% to 14%. Market fears over private credit and macroeconomic uncertainty have pressured prices, creating potential buying opportunities for long-term income investors. These funds diversify across senior loans, high-yield bonds, CLOs, and MBS, balancing floating and fixed-rate exposure to manage interest rate risk.

news source

Seeking Alpha • Apr 13, 2026

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BIT: Paying Out More Than It Earns (Rating Downgrade)

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.

news source

Seeking Alpha • Apr 7, 2026

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Never Cutters, Part 2: 5 More High-Yield CEFs That Have Never Cut The Distribution

I highlight five additional CEFs—BIT, BME, BST, BUI, and GLU—that have never cut distributions for at least a decade, offering high-yield, monthly income. BIT yields nearly 12% at a -6.8% discount, but declining earnings coverage and rising ROC signal caution on distribution sustainability. BME, BST, and BUI trade at discounts and have recently increased distributions, with BST delivering an 18% 10-year total return at market price.

news source

Seeking Alpha • Mar 15, 2026

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BIT: Unsupported Distribution Indicates Only Downside For This CEF

BlackRock Multi-Sector Income Trust receives a 'Strong Sell' rating due to poor performance and heightened risk profile. BIT's recent rights offering kept the gearing ratio high, instead of deleveraging, amplifying exposure to tight credit spreads. The fund is overweight high yield (50%) and sub-investment grade (70%+), with an excessive 15% allocation to CCC-rated credits.

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Seeking Alpha • Jan 28, 2026

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BIT: Continual NAV Destruction Amidst A Potentially Tough Environment

The BlackRock Multi-Sector Income Trust offers an 11.26% yield, but its distribution appears unsustainable given recent net asset value declines. BIT recently underperformed major bond indices and several peers on a total return basis, with leverage amplifying both yield and downside risk. There is no guarantee that the Fed's monetary easing will lift bond prices, given the risks of a resurgence in inflation.

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Seeking Alpha • Dec 30, 2025

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BIT: Discounted Valuation But Still Not A Buy

BlackRock Multi-Sector Income Trust (BIT) offers a high 11.1% yield and diversified income exposure, but faces challenges in sustaining distributions. BIT trades at a 4.91% discount to NAV, making it attractive relative to historical pricing, yet its share price has declined amid higher rates. Earnings coverage remains pressured by elevated interest rates and reliance on leverage, with a significant portion of distributions funded by return of capital.

news source

Seeking Alpha • Oct 10, 2025

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BlackRock Multi-Sector Income Trust (BIT) Announces Results of its Over-subscribed Rights Offering

NEW YORK--(BUSINESS WIRE)---- $BIT--BlackRock Multi-Sector Income Trust (BIT) Announces Results of its Over-subscribed Rights Offering.

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Business Wire • Sep 10, 2025

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CEF Weekly Review: More Muni CEF Liquidations

We review the CEF market valuation and performance through the second week of August, and highlight recent market action. CEF discounts are at decade-tight levels, offering limited value for shareholders. Eaton Vance's liquidation of EVM and ENX highlights ongoing consolidation in tax-exempt CEFs, shrinking the sector, but improving liquidity and cost structure.

news source

Seeking Alpha • Aug 18, 2025

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