BTZ Stock Overview
BlackRock Credit Allocation Income Trust is a closed ended balanced mutual fund launched by BlackRock, Inc.
| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 0/6 |
| Past Performance | 2/6 |
| Financial Health | 2/6 |
| Dividends | 5/6 |
BlackRock Credit Allocation Income Trust Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$10.08 |
| 52 Week High | US$11.13 |
| 52 Week Low | US$9.10 |
| Beta | 0.76 |
| 1 Month Change | -6.67% |
| 3 Month Change | -5.17% |
| 1 Year Change | -2.51% |
| 3 Year Change | -31.71% |
| 5 Year Change | -20.25% |
| Change since IPO | -59.68% |
Recent News & Updates
BTZ: A Decent Multi-Sector Bond Fund, But Lack Of Floaters A Risk
Mar 12BTZ: Good Debt Allocation Fund, But Fixed-Rate Bonds Might Be Overpriced
Dec 18BTZ: Decent Fund, But May Be Best Suited For A Pair Trade
Oct 12BTZ: This CEF Remains Attractively Valued
Aug 07BlackRock Credit Allocation Income Trust IV declares $0.0839 dividend
Feb 13Recent updates
BTZ: A Decent Multi-Sector Bond Fund, But Lack Of Floaters A Risk
Mar 12BTZ: Good Debt Allocation Fund, But Fixed-Rate Bonds Might Be Overpriced
Dec 18BTZ: Decent Fund, But May Be Best Suited For A Pair Trade
Oct 12BTZ: This CEF Remains Attractively Valued
Aug 07BlackRock Credit Allocation Income Trust IV declares $0.0839 dividend
Feb 13BlackRock Credit Allocation Income Trust IV declares $0.0839 dividend
Jan 06BlackRock Credit Allocation Income Trust IV goes ex-dividend on Monday
Nov 11BTZ: Lock In Your 10% Yield Before It Bounces
Oct 29BlackRock Credit Allocation Income Trust IV declares $0.0839 dividend
Oct 06BlackRock Credit Allocation Income Trust IV declares $0.0839 dividend
Sep 02BlackRock Credit Allocation Income Trust IV declares $0.0839 dividend
Aug 05BTZ: Moving From Sell To Hold After A -14% Drop
Apr 26BTZ: More Weakness Ahead Despite A Solid Build
Jan 22BTZ: Attractive Returns, Attractive Distribution, But Interest Rates Could Be A Risk Here
Nov 04BTZ: Strong Diversified Bond CEF, 6.5% Distribution Yield, But Lower Returns And Alpha Vs. Peers
Aug 03BTZ: Watch Interest Rate Risks With This Otherwise Appealing Fund
Jun 16BlackRock Credit Allocation Income Trust IV declares $0.0839 dividend
May 07BlackRock Credit Allocation Income Trust IV declares $0.0839 dividend
Dec 21PIMCO And BlackRock CEFs: 10.9% And 6.8% Yields
Nov 28BTZ: Multi-Sector Bond Fund Paying A 6.91% Yield
Nov 24BlackRock Credit Allocation Income Trust IV declares $0.0839 dividend
Nov 03Shareholder Returns
| BTZ | US Capital Markets | US Market | |
|---|---|---|---|
| 7D | -2.6% | -2.6% | -3.7% |
| 1Y | -2.5% | 22.7% | 20.5% |
Return vs Industry: BTZ underperformed the US Capital Markets industry which returned 22.7% over the past year.
Return vs Market: BTZ underperformed the US Market which returned 20.5% over the past year.
Price Volatility
| BTZ volatility | |
|---|---|
| BTZ Average Weekly Movement | 1.5% |
| Capital Markets Industry Average Movement | 3.4% |
| Market Average Movement | 6.0% |
| 10% most volatile stocks in US Market | 16.4% |
| 10% least volatile stocks in US Market | 3.0% |
Stable Share Price: BTZ has not had significant price volatility in the past 3 months.
Volatility Over Time: BTZ's weekly volatility (2%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2006 | n/a | n/a | www.blackrock.com/investing/products/240168/blackrock-credit-allocation-income-trust-usd-fund |
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.
BlackRock Credit Allocation Income Trust Fundamentals Summary
| BTZ fundamental statistics | |
|---|---|
| Market cap | US$941.64m |
| Earnings (TTM) | US$132.16m |
| Revenue (TTM) | US$104.49m |
7.1x
P/E Ratio9.0x
P/S RatioIs BTZ overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| BTZ income statement (TTM) | |
|---|---|
| Revenue | US$104.49m |
| Cost of Revenue | US$0 |
| Gross Profit | US$104.49m |
| Other Expenses | -US$27.66m |
| Earnings | US$132.16m |
Last Reported Earnings
Dec 31, 2023
Next Earnings Date
n/a
| Earnings per share (EPS) | 1.42 |
| Gross Margin | 100.00% |
| Net Profit Margin | 126.47% |
| Debt/Equity Ratio | 54.6% |
How did BTZ perform over the long term?
See historical performance and comparison