BlackRock Multi-Sector Income Trust
Name
As of 11/01/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
-0.9%
1 yr return
3.5%
3 Yr Avg Return
-6.6%
5 Yr Avg Return
-4.0%
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 11/01/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
XBITX - Profile
Distributions
- YTD Total Return -0.9%
- 3 Yr Annualized Total Return -6.6%
- 5 Yr Annualized Total Return -4.0%
- 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 | -0.9% | -10.3% | 16.6% | 97.07% |
1 Yr | 3.5% | -4.5% | 27.2% | 96.15% |
3 Yr | -6.6%* | -17.2% | 16.2% | 97.47% |
5 Yr | -4.0%* | -14.5% | 14.0% | 96.04% |
10 Yr | 0.8%* | -7.2% | 6.7% | 89.64% |
* Annualized
Return Ranking - Calendar
Period | XBITX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 0.2% | -12.0% | 8.9% | 82.90% |
2022 | -16.5% | -31.8% | 18.4% | 79.62% |
2021 | -3.4% | -16.2% | 25.7% | 82.68% |
2020 | 5.7% | -31.1% | 18.7% | 11.37% |
2019 | -2.6% | -6.1% | 15.3% | 98.08% |
Total Return Ranking - Trailing
Period | XBITX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -0.9% | -10.3% | 16.6% | 97.07% |
1 Yr | 3.5% | -4.5% | 27.2% | 96.15% |
3 Yr | -6.6%* | -17.2% | 16.2% | 97.47% |
5 Yr | -4.0%* | -14.5% | 14.0% | 96.04% |
10 Yr | 0.8%* | -7.2% | 6.7% | 89.64% |
* Annualized
Total Return Ranking - Calendar
Period | XBITX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 0.2% | -6.9% | 22.2% | 95.99% |
2022 | -16.5% | -31.8% | 21.1% | 95.89% |
2021 | -3.4% | -13.5% | 49.9% | 95.26% |
2020 | 5.7% | -28.6% | 24.1% | 49.20% |
2019 | 0.5% | -4.8% | 19.1% | 99.04% |
NAV & Total Return History
XBITX - Holdings
Concentration Analysis
XBITX | Category Low | Category High | XBITX % Rank | |
---|---|---|---|---|
Net Assets | 599 M | 2.53 M | 143 B | 54.44% |
Number of Holdings | 2371 | 4 | 9195 | 4.04% |
Net Assets in Top 10 | 109 M | -204 M | 80.4 B | 60.03% |
Weighting of Top 10 | 18.27% | 5.8% | 265.8% | 72.57% |
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% | 0.00% | 199.60% | 4.35% |
Convertible Bonds | 5.80% | 0.00% | 33.50% | 11.02% |
Preferred Stocks | 2.65% | 0.00% | 26.42% | 5.91% |
Stocks | 0.77% | -6.18% | 99.66% | 42.61% |
Other | 0.00% | -73.61% | 147.15% | 85.23% |
Cash | -52.21% | -94.66% | 91.07% | 99.38% |
Stock Sector Breakdown
Weighting | Return Low | Return High | XBITX % Rank | |
---|---|---|---|---|
Industrials | 99.87% | 0.00% | 100.00% | 2.60% |
Communication Services | 0.13% | 0.00% | 100.00% | 43.06% |
Utilities | 0.00% | 0.00% | 100.00% | 95.38% |
Technology | 0.00% | 0.00% | 28.30% | 94.51% |
Real Estate | 0.00% | 0.00% | 100.00% | 94.80% |
Healthcare | 0.00% | 0.00% | 18.60% | 94.80% |
Financial Services | 0.00% | 0.00% | 100.00% | 95.09% |
Energy | 0.00% | 0.00% | 100.00% | 99.13% |
Consumer Defense | 0.00% | 0.00% | 99.97% | 93.64% |
Consumer Cyclical | 0.00% | 0.00% | 89.95% | 95.09% |
Basic Materials | 0.00% | 0.00% | 100.00% | 94.22% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | XBITX % Rank | |
---|---|---|---|---|
US | 0.79% | -6.18% | 99.66% | 40.12% |
Non US | -0.02% | -0.26% | 17.73% | 99.53% |
Bond Sector Breakdown
Weighting | Return Low | Return High | XBITX % Rank | |
---|---|---|---|---|
Corporate | 64.10% | 0.00% | 96.66% | 17.82% |
Securitized | 26.95% | 0.00% | 99.65% | 34.35% |
Cash & Equivalents | 6.12% | 0.00% | 88.00% | 30.27% |
Government | 2.56% | 0.00% | 99.43% | 74.32% |
Derivative | 0.16% | -73.61% | 147.15% | 37.44% |
Municipal | 0.11% | 0.00% | 54.26% | 32.42% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | XBITX % Rank | |
---|---|---|---|---|
US | 116.00% | 0.00% | 199.60% | 4.82% |
Non US | 26.98% | 0.00% | 74.14% | 14.31% |
XBITX - Expenses
Operational Fees
XBITX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.70% | 0.03% | 20.67% | 29.46% |
Management Fee | 0.80% | 0.00% | 2.29% | 75.46% |
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% | 1.50% | 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% | 44.55% |
XBITX - Distributions
Dividend Yield Analysis
XBITX | Category Low | Category High | XBITX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 23.30% | 98.61% |
Dividend Distribution Analysis
XBITX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Annually | Monthly | Monthly |
Net Income Ratio Analysis
XBITX | Category Low | Category High | XBITX % Rank | |
---|---|---|---|---|
Net Income Ratio | 6.14% | -1.55% | 11.51% | 6.64% |
Capital Gain Distribution Analysis
XBITX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Jun 13, 2019 | $0.117 | OrdinaryDividend |
May 14, 2019 | $0.117 | OrdinaryDividend |
Apr 12, 2019 | $0.117 | OrdinaryDividend |
Mar 14, 2019 | $0.117 | OrdinaryDividend |
Feb 14, 2019 | $0.117 | OrdinaryDividend |
Dec 28, 2018 | $0.117 | OrdinaryDividend |
Dec 12, 2018 | $0.117 | OrdinaryDividend |
Nov 14, 2018 | $0.117 | OrdinaryDividend |
Oct 12, 2018 | $0.117 | OrdinaryDividend |
Sep 13, 2018 | $0.117 | OrdinaryDividend |
Aug 14, 2018 | $0.117 | OrdinaryDividend |
Jul 13, 2018 | $0.117 | OrdinaryDividend |
Jun 14, 2018 | $0.117 | OrdinaryDividend |
May 14, 2018 | $0.117 | OrdinaryDividend |
Apr 13, 2018 | $0.117 | OrdinaryDividend |
Mar 14, 2018 | $0.117 | OrdinaryDividend |
Feb 14, 2018 | $0.117 | OrdinaryDividend |
Dec 28, 2017 | $0.131 | ExtraDividend |
Dec 28, 2017 | $0.117 | OrdinaryDividend |
Dec 11, 2017 | $0.117 | OrdinaryDividend |
Nov 14, 2017 | $0.117 | OrdinaryDividend |
Oct 13, 2017 | $0.117 | OrdinaryDividend |
Sep 14, 2017 | $0.117 | OrdinaryDividend |
Aug 11, 2017 | $0.117 | OrdinaryDividend |
Jul 12, 2017 | $0.117 | OrdinaryDividend |
Jun 13, 2017 | $0.117 | OrdinaryDividend |
May 11, 2017 | $0.117 | OrdinaryDividend |
Apr 11, 2017 | $0.117 | OrdinaryDividend |
Mar 13, 2017 | $0.117 | OrdinaryDividend |
Feb 13, 2017 | $0.117 | OrdinaryDividend |
Dec 28, 2016 | $0.370 | ExtraDividend |
Dec 28, 2016 | $0.117 | OrdinaryDividend |
Dec 08, 2016 | $0.117 | OrdinaryDividend |
Nov 10, 2016 | $0.117 | OrdinaryDividend |
Oct 12, 2016 | $0.117 | OrdinaryDividend |
Sep 13, 2016 | $0.117 | OrdinaryDividend |
Aug 11, 2016 | $0.117 | OrdinaryDividend |
Jul 13, 2016 | $0.150 | ExtraDividend |
Jul 13, 2016 | $0.117 | OrdinaryDividend |
Jun 13, 2016 | $0.117 | OrdinaryDividend |
May 12, 2016 | $0.117 | OrdinaryDividend |
Apr 13, 2016 | $0.117 | OrdinaryDividend |
Mar 11, 2016 | $0.117 | OrdinaryDividend |
Feb 11, 2016 | $0.117 | OrdinaryDividend |
Dec 29, 2015 | $0.086 | ExtraDividend |
Dec 29, 2015 | $0.117 | OrdinaryDividend |
Dec 10, 2015 | $0.117 | OrdinaryDividend |
Nov 12, 2015 | $0.117 | OrdinaryDividend |
Oct 13, 2015 | $0.117 | OrdinaryDividend |
Sep 11, 2015 | $0.117 | OrdinaryDividend |
Aug 12, 2015 | $0.117 | OrdinaryDividend |
Jul 13, 2015 | $0.117 | OrdinaryDividend |
Jun 11, 2015 | $0.117 | OrdinaryDividend |
May 13, 2015 | $0.117 | OrdinaryDividend |
Apr 13, 2015 | $0.117 | OrdinaryDividend |
Mar 11, 2015 | $0.117 | OrdinaryDividend |
Feb 11, 2015 | $0.117 | OrdinaryDividend |
Dec 29, 2014 | $0.084 | ExtraDividend |
Dec 29, 2014 | $0.117 | OrdinaryDividend |
Dec 10, 2014 | $0.117 | OrdinaryDividend |
Nov 12, 2014 | $0.117 | OrdinaryDividend |
Oct 10, 2014 | $0.117 | OrdinaryDividend |
Sep 11, 2014 | $0.117 | OrdinaryDividend |
Aug 13, 2014 | $0.117 | OrdinaryDividend |
Jul 11, 2014 | $0.117 | OrdinaryDividend |
Jun 12, 2014 | $0.117 | OrdinaryDividend |
May 13, 2014 | $0.117 | OrdinaryDividend |
Apr 11, 2014 | $0.117 | OrdinaryDividend |
Mar 12, 2014 | $0.117 | OrdinaryDividend |
Feb 12, 2014 | $0.117 | OrdinaryDividend |
Dec 27, 2013 | $0.117 | OrdinaryDividend |
Dec 11, 2013 | $0.117 | OrdinaryDividend |
Nov 13, 2013 | $0.117 | OrdinaryDividend |
Oct 11, 2013 | $0.117 | OrdinaryDividend |
Sep 12, 2013 | $0.117 | OrdinaryDividend |
Aug 13, 2013 | $0.117 | OrdinaryDividend |
Jul 11, 2013 | $0.117 | OrdinaryDividend |
Jun 12, 2013 | $0.117 | OrdinaryDividend |
May 13, 2013 | $0.117 | OrdinaryDividend |
Apr 18, 2013 | $0.117 | 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 | 5.71 | 3.19 |