BlackRock Multi-Sector Income Trust
Name
As of 04/24/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
-2.6%
1 yr return
-2.4%
3 Yr Avg Return
-8.0%
5 Yr Avg Return
-4.8%
Net Assets
$599 M
Holdings in Top 10
18.3%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.70%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 75.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
N/A
IRA
N/A
Fund Classification
Fund Type
Closed-end mutual fund
Name
As of 04/24/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
XBITX - Profile
Distributions
- YTD Total Return -2.6%
- 3 Yr Annualized Total Return -8.0%
- 5 Yr Annualized Total Return -4.8%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 6.14%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameBlackRock Multi-Sector Income Trust
-
Fund Family NameBlackRock
-
Inception DateFeb 28, 2013
-
Shares Outstanding37611624
-
Share ClassOther
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerAkiva Dickstein
Fund Description
XBITX - Performance
Return Ranking - Trailing
Period | XBITX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -2.6% | -13.8% | 8.2% | 93.48% |
1 Yr | -2.4% | -12.4% | 23.7% | 96.58% |
3 Yr | -8.0%* | -17.8% | 18.2% | 96.91% |
5 Yr | -4.8%* | -13.6% | 14.9% | 96.60% |
10 Yr | 1.0%* | -13.6% | 6.5% | 83.98% |
* Annualized
Return Ranking - Calendar
Period | XBITX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 0.2% | -12.0% | 15.7% | 82.95% |
2022 | -16.5% | -31.8% | 18.4% | 79.01% |
2021 | -3.4% | -26.6% | 25.7% | 81.94% |
2020 | 5.7% | -49.2% | 18.7% | 12.61% |
2019 | -2.6% | -35.1% | 15.3% | 97.90% |
Total Return Ranking - Trailing
Period | XBITX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -2.6% | -13.8% | 8.2% | 93.48% |
1 Yr | -2.4% | -12.4% | 23.7% | 96.58% |
3 Yr | -8.0%* | -17.8% | 18.2% | 96.91% |
5 Yr | -4.8%* | -13.6% | 14.9% | 96.60% |
10 Yr | 1.0%* | -13.6% | 6.5% | 83.98% |
* Annualized
Total Return Ranking - Calendar
Period | XBITX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 0.2% | -7.0% | 22.2% | 95.81% |
2022 | -16.5% | -31.8% | 21.1% | 95.07% |
2021 | -3.4% | -13.5% | 49.9% | 94.91% |
2020 | 5.7% | -28.6% | 24.1% | 50.09% |
2019 | 0.5% | -4.8% | 19.1% | 98.85% |
NAV & Total Return History
XBITX - Holdings
Concentration Analysis
XBITX | Category Low | Category High | XBITX % Rank | |
---|---|---|---|---|
Net Assets | 599 M | 2.53 M | 143 B | 51.48% |
Number of Holdings | 2371 | 4 | 9868 | 4.57% |
Net Assets in Top 10 | 109 M | -1.57 B | 65.8 B | 57.69% |
Weighting of Top 10 | 18.27% | 0.7% | 170.6% | 75.08% |
Top 10 Holdings
- Federal National Mortgage Association 2.5% 8.02%
- Umbs 30yr Tba(Reg A) 6.33%
- Umbs 30yr Tba(Reg A) 6.33%
- Umbs 30yr Tba(Reg A) 6.33%
- Umbs 30yr Tba(Reg A) 6.33%
- Umbs 30yr Tba(Reg A) 6.33%
- Umbs 30yr Tba(Reg A) 6.33%
- Umbs 30yr Tba(Reg A) 6.33%
- Umbs 30yr Tba(Reg A) 6.33%
- Umbs 30yr Tba(Reg A) 6.33%
Asset Allocation
Weighting | Return Low | Return High | XBITX % Rank | |
---|---|---|---|---|
Bonds | 142.98% | -150.81% | 203.29% | 2.89% |
Convertible Bonds | 5.80% | 0.00% | 33.50% | 10.78% |
Preferred Stocks | 2.65% | 0.00% | 30.46% | 5.63% |
Stocks | 0.77% | -1.60% | 99.88% | 43.38% |
Other | 0.00% | -62.91% | 100.00% | 83.26% |
Cash | -52.21% | -94.66% | 258.91% | 99.39% |
Stock Sector Breakdown
Weighting | Return Low | Return High | XBITX % Rank | |
---|---|---|---|---|
Industrials | 99.87% | 0.00% | 100.00% | 2.53% |
Communication Services | 0.13% | 0.00% | 100.00% | 43.26% |
Utilities | 0.00% | 0.00% | 100.00% | 99.16% |
Technology | 0.00% | 0.00% | 28.30% | 98.88% |
Real Estate | 0.00% | 0.00% | 100.00% | 99.44% |
Healthcare | 0.00% | 0.00% | 18.60% | 98.88% |
Financial Services | 0.00% | 0.00% | 100.00% | 98.88% |
Energy | 0.00% | 0.00% | 100.00% | 99.44% |
Consumer Defense | 0.00% | 0.00% | 99.97% | 99.16% |
Consumer Cyclical | 0.00% | 0.00% | 89.95% | 98.88% |
Basic Materials | 0.00% | 0.00% | 100.00% | 98.88% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | XBITX % Rank | |
---|---|---|---|---|
US | 0.79% | -1.47% | 99.88% | 40.49% |
Non US | -0.02% | -0.13% | 17.73% | 99.54% |
Bond Sector Breakdown
Weighting | Return Low | Return High | XBITX % Rank | |
---|---|---|---|---|
Corporate | 64.10% | 0.00% | 96.66% | 17.90% |
Securitized | 26.95% | 0.00% | 99.65% | 34.22% |
Cash & Equivalents | 6.12% | 0.00% | 88.14% | 29.62% |
Government | 2.56% | 0.00% | 99.43% | 74.10% |
Derivative | 0.16% | -62.91% | 37.37% | 32.21% |
Municipal | 0.11% | 0.00% | 54.26% | 32.81% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | XBITX % Rank | |
---|---|---|---|---|
US | 116.00% | -151.11% | 203.29% | 6.54% |
Non US | 26.98% | 0.00% | 67.77% | 15.22% |
XBITX - Expenses
Operational Fees
XBITX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.70% | 0.01% | 20.67% | 28.68% |
Management Fee | 0.80% | 0.00% | 2.29% | 74.32% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.00% | 0.70% | N/A |
Sales Fees
XBITX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 0.00% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
XBITX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 0.50% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
XBITX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 75.00% | 0.00% | 632.00% | 45.04% |
XBITX - Distributions
Dividend Yield Analysis
XBITX | Category Low | Category High | XBITX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 23.30% | 98.64% |
Dividend Distribution Analysis
XBITX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Quarterly | Monthly | Monthly |
Net Income Ratio Analysis
XBITX | Category Low | Category High | XBITX % Rank | |
---|---|---|---|---|
Net Income Ratio | 6.14% | -1.55% | 11.51% | 6.96% |
Capital Gain Distribution Analysis
XBITX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Jun 28, 2019 | $0.117 | OrdinaryDividend |
May 31, 2019 | $0.117 | OrdinaryDividend |
Apr 30, 2019 | $0.117 | OrdinaryDividend |
Mar 29, 2019 | $0.117 | OrdinaryDividend |
Feb 28, 2019 | $0.117 | OrdinaryDividend |
Jan 09, 2019 | $0.117 | OrdinaryDividend |
Dec 19, 2018 | $0.117 | OrdinaryDividend |
Nov 30, 2018 | $0.117 | OrdinaryDividend |
Oct 31, 2018 | $0.117 | OrdinaryDividend |
Sep 28, 2018 | $0.117 | OrdinaryDividend |
Aug 31, 2018 | $0.117 | OrdinaryDividend |
Jul 31, 2018 | $0.117 | OrdinaryDividend |
Jun 29, 2018 | $0.117 | OrdinaryDividend |
May 31, 2018 | $0.117 | OrdinaryDividend |
Apr 30, 2018 | $0.117 | OrdinaryDividend |
Mar 29, 2018 | $0.117 | OrdinaryDividend |
Feb 28, 2018 | $0.117 | OrdinaryDividend |
Jan 09, 2018 | $0.117 | OrdinaryDividend |
Dec 19, 2017 | $0.116 | OrdinaryDividend |
Nov 30, 2017 | $0.116 | OrdinaryDividend |
Oct 31, 2017 | $0.116 | OrdinaryDividend |
Sep 29, 2017 | $0.116 | OrdinaryDividend |
Aug 31, 2017 | $0.116 | OrdinaryDividend |
Jul 31, 2017 | $0.116 | OrdinaryDividend |
Jun 30, 2017 | $0.116 | OrdinaryDividend |
May 31, 2017 | $0.116 | OrdinaryDividend |
Apr 28, 2017 | $0.116 | OrdinaryDividend |
Mar 31, 2017 | $0.116 | OrdinaryDividend |
Feb 28, 2017 | $0.116 | OrdinaryDividend |
Jan 09, 2017 | $0.116 | OrdinaryDividend |
Dec 19, 2016 | $0.113 | OrdinaryDividend |
Nov 30, 2016 | $0.113 | OrdinaryDividend |
Oct 31, 2016 | $0.113 | OrdinaryDividend |
Sep 30, 2016 | $0.113 | OrdinaryDividend |
Aug 31, 2016 | $0.113 | OrdinaryDividend |
Jul 29, 2016 | $0.113 | OrdinaryDividend |
Jun 30, 2016 | $0.112 | OrdinaryDividend |
May 31, 2016 | $0.112 | OrdinaryDividend |
Apr 29, 2016 | $0.112 | OrdinaryDividend |
Mar 31, 2016 | $0.112 | OrdinaryDividend |
Feb 29, 2016 | $0.112 | OrdinaryDividend |
Jan 08, 2016 | $0.112 | OrdinaryDividend |
Dec 18, 2015 | $0.112 | OrdinaryDividend |
Nov 30, 2015 | $0.112 | OrdinaryDividend |
Oct 30, 2015 | $0.112 | OrdinaryDividend |
Sep 30, 2015 | $0.112 | OrdinaryDividend |
Aug 31, 2015 | $0.112 | OrdinaryDividend |
Jul 31, 2015 | $0.112 | OrdinaryDividend |
Jun 30, 2015 | $0.112 | OrdinaryDividend |
May 29, 2015 | $0.112 | OrdinaryDividend |
Apr 30, 2015 | $0.112 | OrdinaryDividend |
Mar 31, 2015 | $0.112 | OrdinaryDividend |
Feb 27, 2015 | $0.112 | OrdinaryDividend |
Jan 09, 2015 | $0.112 | OrdinaryDividend |
Dec 19, 2014 | $0.111 | OrdinaryDividend |
Nov 28, 2014 | $0.111 | OrdinaryDividend |
Oct 31, 2014 | $0.111 | OrdinaryDividend |
Sep 30, 2014 | $0.111 | OrdinaryDividend |
Aug 29, 2014 | $0.111 | OrdinaryDividend |
Jul 31, 2014 | $0.111 | OrdinaryDividend |
Jun 30, 2014 | $0.111 | OrdinaryDividend |
May 30, 2014 | $0.111 | OrdinaryDividend |
Apr 30, 2014 | $0.111 | OrdinaryDividend |
Mar 31, 2014 | $0.111 | OrdinaryDividend |
Feb 28, 2014 | $0.111 | OrdinaryDividend |
Jan 08, 2014 | $0.111 | OrdinaryDividend |
Dec 19, 2013 | $0.111 | OrdinaryDividend |
Nov 29, 2013 | $0.111 | OrdinaryDividend |
Oct 31, 2013 | $0.111 | OrdinaryDividend |
Sep 30, 2013 | $0.111 | OrdinaryDividend |
Aug 30, 2013 | $0.111 | OrdinaryDividend |
Jul 31, 2013 | $0.111 | OrdinaryDividend |
Jun 28, 2013 | $0.111 | OrdinaryDividend |
May 31, 2013 | $0.111 | OrdinaryDividend |
Apr 30, 2013 | $0.111 | OrdinaryDividend |
XBITX - Fund Manager Analysis
Managers
Akiva Dickstein
Start Date
Tenure
Tenure Rank
Feb 25, 2013
9.27
9.3%
Akiva Dickstein, Managing Director, is Head of Customized Core Portfolios within BlackRock's Americas Fixed Income Alpha Strategies and a member of the Americas Fixed Income Executive Team. Mr. Dickstein has been the lead portfolio manager on BlackRock's mortgage portfolios since joining BlackRock in 2009. Prior to that, Mr. Dickstein spent eight years at Merrill Lynch, where he served as Managing Director and head of the U.S. Rates & Structured Credit Research Group. He was responsible for the team that produced MBS, ABS, CMBS, Treasuries, swaps, and interest rate derivatives research. Mr. Dickstein's publications on MBS strategy included the weekly Mortgage Investor as well as numerous lengthier articles on topics such as optimal loan modifications, the valuation of credit-sensitive MBS and ABS, and the pricing of mortgage derivatives, options, and pass-throughs. In addition, he developed Merrill's prepayment models for fixed rate and hybrid MBS. From 1993 to 2001, Mr. Dickstein was with Lehman Brothers, most recently as a Senior Vice President in Mortgage Derivatives Trading. In this role, he traded mortgage derivatives and developed Lehman's credit default model. He joined Lehman as a mortgage and asset-backed securities analyst and was named to Institutional Investor's All American Fixed Income Research Team in pass-throughs, non-agency mortgages, and asset-backed securities. Mr. Dickstein earned a BA degree in economics, summa cum laude, from Yale University in 1990, and an MA degree in physics from Princeton University in 1993.
Scott MacLellan
Start Date
Tenure
Tenure Rank
Feb 26, 2013
9.26
9.3%
Scott MacLellan, CFA, Director, is a portfolio manager on the Short Duration team within the BlackRock Multi-Sector Fixed Income Portfolio Management Group. Prior to assuming his current responsibilities in 2008, Mr. MacLellan was a member of the Global Client Group, focused on Japanese clients. He also served as a product specialist for short duration and LIBOR-benchmarked fixed income products. Previously, Mr. MacLellan spent four years with Nomura BlackRock Asset Management (NBAM), a former joint venture between BlackRock and Nomura Asset Management Co., Ltd, in Tokyo as an account manager. Prior to joining NBAM in 2001, Mr. MacLellan spent a year in the Global Finance and Investment Department of IBJ Leasing in Tokyo. Mr. MacLellan earned a BS degree, with honors, in economics and international development studies from King's College in 1997.
Samir Lakhani
Start Date
Tenure
Tenure Rank
Jan 01, 2021
1.41
1.4%
Managing Director of BlackRock, Inc. since 2014; Director of BlackRock, Inc. from 2010 to 2013
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 28.19 | 5.72 | 3.19 |