NYSE:BTZBlackrock Credit Allocation Income Trust Stock Price, Forecast & News

$13.36

-0.32 (-2.34 %)

(As of 05/28/2020 11:32 AM ET)

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Today's Range

$13.32

Now: $13.36▼

$13.68

50-Day Range

$11.82

MA: $12.96▼

$13.48

52-Week Range

$9.12

Now: $13.36▼

$14.91

Volume23,992 shs

Average Volume515,019 shs

Market CapitalizationN/A

P/E RatioN/A

Dividend Yield0.07%

BetaN/A

BlackRock Credit Allocation Income Trust is a closed ended balanced mutual fund launched by BlackRock, Inc. The fund is co-managed by BlackRock Advisors, LLC and BlackRock (Singapore) Limited. It invests in the fixed income markets across the globe. For the fixed income portion of the portfolio, the fund primarily invests in securities with an average credit quality of BBB by Standard & Poor's Corporation. It invests in investment grade corporate bonds, high yield bonds, bank loans, preferred securities or convertible bonds or derivatives. The fund was formerly known as BlackRock Preferred & Equity Advantage Trust. BlackRock Credit Allocation Income Trust was formed on December 27, 2006 and is domiciled in the United States.

Beat the Market (BTM) Rank^™

0.0 Analyst's Opinion

Consensus Rating
There is not enough analysis data for Blackrock Credit Allocation Income Trust.

2.1 Community Rank

Outperform Votes
Blackrock Credit Allocation Income Trust has received 137 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Blackrock Credit Allocation Income Trust has received 196 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Blackrock Credit Allocation Income Trust has received 58.86% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Blackrock Credit Allocation Income Trust and other stocks. Vote “Outperform” if you believe BTZ will outperform the S&P 500 over the long term. Vote “Underperform” if you believe BTZ will underperform the S&P 500 over the long term. You may vote once every thirty days.

1.7 Dividend Strength

Dividend Leadership
Blackrock Credit Allocation Income Trust is a leading dividend payer. It pays a dividend yield of 0.07%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Blackrock Credit Allocation Income Trust has only been increasing its dividend for 1 years.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Blackrock Credit Allocation Income Trust insiders have not sold or bought any company stock.

0.0 Earnings and Valuation

Overall Beat the Market Rank^™

0.75 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Investment Trusts/Mutual Funds

Sub-IndustryN/A

SectorMiscellaneous

Current SymbolNYSE:BTZ

Previous Symbol

CUSIPN/A

CIK1379384

Webwww.blackrock.com

Phone302-797-2000

Debt

Debt-to-Equity RatioN/A

Current RatioN/A

Quick RatioN/A

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual SalesN/A

Price / SalesN/A

Cash FlowN/A

Price / Cash FlowN/A

Book ValueN/A

Price / BookN/A

Profitability

EPS (Most Recent Fiscal Year)N/A

Net IncomeN/A

Net MarginsN/A

Return on EquityN/A

Return on AssetsN/A

Miscellaneous

EmployeesN/A

Outstanding SharesN/A

Market CapN/A

Next Earnings DateN/A

OptionableNot Optionable

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Blackrock Credit Allocation Income Trust (NYSE:BTZ) Frequently Asked Questions

How has Blackrock Credit Allocation Income Trust's stock been impacted by COVID-19 (Coronavirus)?

Blackrock Credit Allocation Income Trust's stock was trading at $12.63 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, BTZ stock has increased by 5.8% and is now trading at $13.36. View which stocks have been most impacted by Coronavirus.

How often does Blackrock Credit Allocation Income Trust pay dividends? What is the dividend yield for Blackrock Credit Allocation Income Trust?

Blackrock Credit Allocation Income Trust declared a monthly dividend on Friday, May 1st. Investors of record on Friday, May 15th will be given a dividend of $0.084 per share on Friday, May 29th. This represents a $1.01 annualized dividend and a dividend yield of 7.54%. The ex-dividend date of this dividend is Thursday, May 14th. View Blackrock Credit Allocation Income Trust's dividend history.

Has Blackrock Credit Allocation Income Trust been receiving favorable news coverage?

Press coverage about BTZ stock has been trending somewhat negative recently, InfoTrie Sentiment reports. The research group rates the sentiment of press coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Blackrock Credit Allocation Income Trust earned a news impact score of -1.7 on InfoTrie's scale. They also assigned media stories about the investment management company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the immediate future. View the latest news aboutBlackrock Credit Allocation Income Trust.

Who are some of Blackrock Credit Allocation Income Trust's key competitors?

Some companies that are related to Blackrock Credit Allocation Income Trust include 1ST TR SR FR 20/COM (FIV), Aberdeen Income Credit Strategies Fund (ACP), Aberdeen International (AABVF), Aberdeen Total Dynamic Dividend Fund (AOD), AllianceBernstein Natnl Muncpl Incm Fnd. (AFB), ALLIANZGI CNV &/COM (CBH), Allianzgi Convertible & Income Fund (NCV), Allianzgi Convertible & Income Fund II (NCZ), Allianzgi NFJ Dividend int & Prm Stgy Fd (NFJ), Alpine Global Dynamic Dividend Fund (AGD), Apollo Tactical Income Fund (AIF), Ares Dynamic Credit Allocation Fund (ARDC), BLACKROCK 2022/COM (BGIO), Blackrock Coporate High Yield Fund (HYT) and BlackRock Floating Rate Income SFI (FRA). View all competitors.

What other stocks do shareholders of Blackrock Credit Allocation Income Trust own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Blackrock Credit Allocation Income Trust investors own include AbbVie (ABBV), Verizon Communications (VZ), AT&T (T), Exxon Mobil (XOM), Enterprise Products Partners (EPD), Gilead Sciences (GILD), Pfizer (PFE), CVS Health (CVS), Mcdonald's (MCD) and Occidental Petroleum (OXY).

Who are Blackrock Credit Allocation Income Trust's key executives?

Blackrock Credit Allocation Income Trust's management team includes the following people:

Mr. John M. Perlowski, Chief Exec. Officer and Pres (Age 55)
Mr. Neal J. Andrews, Chief Financial Officer (Age 53)
Mr. Charles Choon Sik Park, Chief Compliance Officer and Anti- Money Laundering Officer (Age 52)
Mr. Jay M. Fife, Treasurer (Age 49)
Ms. Janey Ahn, Sec. (Age 44)

What is Blackrock Credit Allocation Income Trust's stock symbol?

Blackrock Credit Allocation Income Trust trades on the New York Stock Exchange (NYSE) under the ticker symbol "BTZ."

Who are Blackrock Credit Allocation Income Trust's major shareholders?

Blackrock Credit Allocation Income Trust's stock is owned by a variety of retail and institutional investors. Top institutional investors include Wells Fargo & Company MN (0.00%), Morgan Stanley (0.00%), Morgan Stanley (0.00%), RiverNorth Capital Management LLC (0.00%), Invesco Ltd. (0.00%) and Karpus Management Inc. (0.00%). View institutional ownership trends for Blackrock Credit Allocation Income Trust.

Which institutional investors are selling Blackrock Credit Allocation Income Trust stock?

BTZ stock was sold by a variety of institutional investors in the last quarter, including Wells Fargo & Company MN, RiverNorth Capital Management LLC, Morgan Stanley, Morgan Stanley, Capital Investment Advisors LLC, Invesco Ltd., Spectrum Asset Management Inc., and Nwam LLC. View insider buying and selling activity for Blackrock Credit Allocation Income Trust.

Which institutional investors are buying Blackrock Credit Allocation Income Trust stock?

BTZ stock was purchased by a variety of institutional investors in the last quarter, including Karpus Management Inc., HighTower Advisors LLC, Advisor Group Holdings Inc., Cohen & Steers Inc., Bourgeon Capital Management LLC, Stolper Co, Family Management Corp, and Thrivent Financial for Lutherans. View insider buying and selling activity for Blackrock Credit Allocation Income Trust.

How do I buy shares of Blackrock Credit Allocation Income Trust?

Shares of BTZ can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Blackrock Credit Allocation Income Trust's stock price today?

One share of BTZ stock can currently be purchased for approximately $13.36.

What is Blackrock Credit Allocation Income Trust's official website?

The official website for Blackrock Credit Allocation Income Trust is www.blackrock.com.

How can I contact Blackrock Credit Allocation Income Trust?

Blackrock Credit Allocation Income Trust's mailing address is 100 Bellevue Pkwy, WILMINGTON, DE 19809-3700, United States. The investment management company can be reached via phone at 302-797-2000.

This page was last updated on 5/28/2020 by MarketBeat.com Staff