BlackRock Multi-Sector Income Trust (NYSE:BIT – Get Free Report) passed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $12.72 and traded as high as $12.81. BlackRock Multi-Sector Income Trust shares last traded at $12.7250, with a volume of 151,860 shares traded.
BlackRock Multi-Sector Income Trust Price Performance
The firm has a fifty day moving average of $12.72 and a 200 day moving average of $13.03.
BlackRock Multi-Sector Income Trust Announces Dividend
The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, June 30th. Investors of record on Monday, June 15th will be issued a $0.1237 dividend. This represents a c) annualized dividend and a yield of 11.7%. The ex-dividend date is Monday, June 15th.
Institutional Investors Weigh In On BlackRock Multi-Sector Income Trust
About BlackRock Multi-Sector Income Trust
BlackRock Multi-Sector Income Trust (NYSE:BIT) is a closed-end management investment company sponsored by BlackRock, Inc The trust seeks to provide high current income and total return by investing across a broad range of income-producing sectors. It trades on the New York Stock Exchange under the ticker symbol BIT and is managed by BlackRock Advisors, LLC.
The trust’s portfolio is diversified across multiple sectors of the fixed-income market, including investment-grade corporate bonds, high-yield corporate debt, U.S.
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