BKT logo

BlackRock Income Trust Inc. (The) (BKT)

$11

Quotes are delayed by 15 minutes.

1D

1W

1M

3M

6M

YTD

1Y

2Y

5Y

ALL

Key data on BKT

Market cap

$1.64B

EPS

35.66

P/E ratio

22.4

Price to sales

6.92

Dividend yield

9.622%

Beta

0.525766

Price on BKT

Previous close

$11

Today's open

$11

Day's range

$10.97 - $11.03

52 week range

$10.85 - $12.11

Profile about BKT

CEO

Laurence D. Fink

Employees

--

Headquarters

Wilmington, DE

Exchange

New York Stock Exchange

Shares outstanding

148762471

Issue type

Common Stock

BKT industries and sectors

Finance

Asset Management Services

News on BKT

BlackRock Income Trust, Inc. (BKT) Announces Renewal of Discount Management Programs

NEW YORK--(BUSINESS WIRE)---- $BKT--BlackRock Income Trust, Inc. (NYSE: BKT) (the “Fund”) announced today the renewal of its discount management program (the "Program"). Under terms of the Program, the Fund intends to offer to repurchase a portion of its common shares via tender offer if certain conditions are met, as detailed below. If the Fund's common shares trade at an average daily discount to net asset value ("NAV") of more than 7.50% during the 12-week measurement period beginning on July 9, 2026.

news source

Business Wire • Nov 14, 2025

news preview

BKT: Staying Away From This MBS Fund While Interest Rates Are High

BlackRock Income Trust currently offers a high dividend yield of approximately 9.5%, attracting income-focused investors. BKT's recent semi-annual report reveals challenges in generating sufficient earnings to fully cover its dividend payouts. The fund's historical earnings have struggled to match its distribution levels, raising concerns about dividend sustainability.

news source

Seeking Alpha • Nov 12, 2025

news preview

BlackRock Income Trust, Inc. (BKT) Announces Results of its Over-subscribed Rights Offering

NEW YORK--(BUSINESS WIRE)---- $BKT--BlackRock Income Trust, Inc. (NYSE: BKT) (the "Fund") today announced the successful completion of its transferable rights offer (the “Offer”) which expired on October 20, 2025 (the “Expiration Date”). The Offer entitled rights holders to subscribe for up to an aggregate of 8,097,238 shares of the Fund's common stock, par value of $0.01 per share (each, a “Common Share”). The final subscription price of $10.76 per Common Share was determined based upon the formula equ.

news source

Business Wire • Oct 21, 2025

news preview

BlackRock Income Trust (BKT) Provides Update on its Discount Management Program

NEW YORK--(BUSINESS WIRE)---- $BKT--BlackRock Income Trust (BKT) (the “Fund”) announced today the results of the Measurement Period (as defined below) under its previously announced discount management program (the “Program”). Under the Program, the Fund intends to offer to repurchase a minimum of 5% of its outstanding common shares if the Fund's common shares trade at an average daily discount to net asset value (“NAV”) of greater than 7.50% during the twelve-week measurement period that commenced on J.

news source

Business Wire • Oct 1, 2025

news preview

BlackRock Income Trust (BKT) Announces Terms of Rights Offering

NEW YORK--(BUSINESS WIRE)---- $BKT--BlackRock Income Trust, Inc. (NYSE: BKT) (the "Fund") today announced the terms of transferable rights ("Rights") to be issued to the holders of the Fund's common shares of beneficial interest (par value $0.01 per share) ("Shares") as of September 29, 2025 (the "Record Date"). Holders of Rights will be entitled to subscribe for additional Shares (the "Offer") at a discount to the market price of the Shares. After considering a number of factors, including potential be.

news source

Business Wire • Sep 12, 2025

news preview

BKT: Agency MBS Remain An Attractive Equity Hedge

BKT remains a 'buy' due to its appealing valuation, with a discount to NAV expanding above 2% despite recent price gains. The fund offers diversification and serves as a hedge, outperforming the broader market during recent declines. BKT's focus on high-quality agency mortgage-backed securities supports capital preservation and high monthly income.

news source

Seeking Alpha • May 28, 2025

news preview

Weekly Closed-End Fund Roundup: CUBA Jumping On CLO Bandwagon (April 13, 2025)

10 out of 22 CEF sectors were positive on price and 5 out of 22 sectors were positive on NAV last week. Herzfeld Caribbean Basin Fund is jumping on the CLO bandwagon. CLM/CRF announces a rights offering.

news source

Seeking Alpha • Apr 23, 2025

news preview

BlackRock Announces Closing of Reorganization of BlackRock Enhanced Government Fund, Inc. (EGF) with and into BlackRock Income Trust, Inc. (BKT)

NEW YORK--(BUSINESS WIRE)---- $BKT--BlackRock Enhanced Government Fund, Inc. (NYSE: EGF, the “Fund”) has completed its reorganization with and into BlackRock Income Trust, Inc. (NYSE: BKT and together with EGF, the “Funds,” and each, a “Fund”) (the “Reorganization”), effective as of the opening for business of the New York Stock Exchange on Monday, March 24, 2025. In the Reorganization, each EGF shareholder received common shares of BKT in an amount equal to the aggregate net asset value of the EGF comm.

news source

Business Wire • Mar 24, 2025

news preview

BlackRock Enhanced Government Fund, Inc. (EGF) Announces Shareholder Approval for Reorganization with and into BlackRock Income Trust, Inc. (BKT)

NEW YORK--(BUSINESS WIRE)---- $BKT--BlackRock Advisors, LLC announced today that, at a special meeting of shareholders of BlackRock Enhanced Government Fund, Inc. (NYSE: EGF), shareholders approved the proposals necessary for the previously announced reorganization of EGF with and into BlackRock Income Trust, Inc. (NYSE: BKT) (and together with EGF, “the Funds,” and each, a “Fund”), with BKT continuing as the surviving Fund (collectively, the “Reorganization”). It is currently expected that the Reorgani.

news source

Business Wire • Mar 18, 2025

news preview

BKT: I See A Buy Case For Agency MBS In The Year Ahead (Rating Upgrade)

Evaluating BlackRock Income Trust as an investment option, primarily focused on agency mortgage-backed securities for capital preservation and high monthly income. Previously rated BKT as "hold" due to leveraged investments and limited value in agency MBS amid an inverted yield curve. With the 2025 bull market, reconsidering BKT as an equity hedge; now upgrading the rating to "buy" based on current market conditions.

news source

Seeking Alpha • Jan 25, 2025

news preview

¹ Disclosures

Get started with M1

Invest in BlackRock Income Trust Inc. (The)

Open an M1 investment account to buy and sell BlackRock Income Trust Inc. (The) commission-free¹. Build wealth for the long term using automated trading and transfers.

Invest in BKT on M1