BlackRock Credit Allocation Income Trust
Fund
XBTZX
Price as of:
$11.07
- $0.04
- 0.36%
Primary Theme
fund company
Name
As of 04/25/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
-4.6%
1 yr return
-3.2%
3 Yr Avg Return
-10.4%
5 Yr Avg Return
-4.7%
Net Assets
$1.18 B
Holdings in Top 10
12.3%
52 WEEK LOW AND HIGH
$11.1
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 1.12%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 20.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
N/A
IRA
N/A
Fund Classification
Fund Type
Closed-end mutual fund
Name
As of 04/25/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
XBTZX - Profile
Distributions
- YTD Total Return -4.6%
- 3 Yr Annualized Total Return -10.4%
- 5 Yr Annualized Total Return -4.7%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 5.49%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameBlackRock Credit Allocation Income Trust
-
Fund Family NameBlackRock
-
Inception DateJan 22, 2007
-
Shares Outstanding93507103
-
Share ClassOther
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerJeffrey Cucunato
Fund Description
XBTZX - Performance
Return Ranking - Trailing
| Period | XBTZX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | -4.6% | -14.7% | 8.8% | 97.67% |
| 1 Yr | -3.2% | -13.0% | 23.7% | 97.67% |
| 3 Yr | -10.4%* | -17.8% | 18.0% | 99.18% |
| 5 Yr | -4.7%* | -13.6% | 14.9% | 96.03% |
| 10 Yr | -0.2%* | -13.6% | 6.5% | 94.07% |
* Annualized
Return Ranking - Calendar
| Period | XBTZX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 3.7% | -12.0% | 15.7% | 31.21% |
| 2022 | -25.9% | -31.8% | 18.4% | 98.73% |
| 2021 | -3.8% | -26.6% | 25.7% | 85.86% |
| 2020 | 4.9% | -49.2% | 18.7% | 17.97% |
| 2019 | 14.2% | -35.1% | 15.3% | 0.38% |
Total Return Ranking - Trailing
| Period | XBTZX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | -4.6% | -14.7% | 8.8% | 97.67% |
| 1 Yr | -3.2% | -13.0% | 23.7% | 97.67% |
| 3 Yr | -10.4%* | -17.8% | 18.0% | 99.18% |
| 5 Yr | -4.7%* | -13.6% | 14.9% | 96.03% |
| 10 Yr | -0.2%* | -13.6% | 6.5% | 94.07% |
* Annualized
Total Return Ranking - Calendar
| Period | XBTZX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 3.7% | -7.0% | 22.2% | 89.75% |
| 2022 | -25.9% | -31.8% | 21.1% | 99.52% |
| 2021 | -3.8% | -13.5% | 49.9% | 95.56% |
| 2020 | 4.9% | -28.6% | 24.1% | 56.05% |
| 2019 | 16.9% | -4.8% | 19.1% | 0.76% |
NAV & Total Return History
XBTZX - Holdings
Concentration Analysis
| XBTZX | Category Low | Category High | XBTZX % Rank | |
|---|---|---|---|---|
| Net Assets | 1.18 B | 2.53 M | 143 B | 39.50% |
| Number of Holdings | 1580 | 4 | 9868 | 11.42% |
| Net Assets in Top 10 | 160 M | -1.57 B | 65.8 B | 48.10% |
| Weighting of Top 10 | 12.32% | 0.7% | 171.7% | 88.39% |
Top 10 Holdings
- Altria Group, Inc. 10.2% 1.55%
- Verizon Communications Inc. 6.55% 1.42%
- HSBC Capital Funding Dollar I L.P. 10.176% 1.38%
- TransDigm, Inc. 6.25% 1.26%
- AT&T Inc 6.3% 1.24%
- Progress Energy, Inc. 7% 1.18%
- Norfolk Southern Corporation 6% 1.16%
- Northwestern Mutual Life Insurance Co. 6.063% 1.15%
- AT&T Inc 3.5% 1.10%
- AT&T Inc 3.5% 1.09%
Asset Allocation
| Weighting | Return Low | Return High | XBTZX % Rank | |
|---|---|---|---|---|
| Bonds | 128.33% | -150.81% | 196.48% | 6.09% |
| Convertible Bonds | 7.09% | 0.00% | 33.50% | 7.97% |
| Preferred Stocks | 4.83% | 0.00% | 30.46% | 3.50% |
| Stocks | 0.11% | -4.18% | 99.88% | 60.12% |
| Other | 0.00% | -62.91% | 100.00% | 76.71% |
| Cash | -40.37% | -94.66% | 258.91% | 99.09% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | XBTZX % Rank | |
|---|---|---|---|---|
| Utilities | 0.00% | 0.00% | 100.00% | 29.41% |
| Technology | 0.00% | 0.00% | 28.30% | 23.53% |
| Real Estate | 0.00% | 0.00% | 100.00% | 29.41% |
| Industrials | 0.00% | 0.00% | 100.00% | 35.29% |
| Healthcare | 0.00% | 0.00% | 18.60% | 23.53% |
| Financial Services | 0.00% | 0.00% | 100.00% | 58.82% |
| Energy | 0.00% | 0.00% | 100.00% | 52.94% |
| Communication Services | 0.00% | 0.00% | 100.00% | 17.65% |
| Consumer Defense | 0.00% | 0.00% | 99.97% | 23.53% |
| Consumer Cyclical | 0.00% | 0.00% | 89.95% | 29.41% |
| Basic Materials | 0.00% | 0.00% | 100.00% | 17.65% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | XBTZX % Rank | |
|---|---|---|---|---|
| US | 0.11% | -4.11% | 99.88% | 57.69% |
| Non US | 0.00% | -0.07% | 17.73% | 50.08% |
Bond Sector Breakdown
| Weighting | Return Low | Return High | XBTZX % Rank | |
|---|---|---|---|---|
| Corporate | 91.68% | 0.00% | 96.66% | 1.26% |
| Securitized | 4.68% | 0.00% | 99.65% | 75.98% |
| Government | 1.90% | 0.00% | 99.43% | 76.77% |
| Cash & Equivalents | 0.91% | 0.00% | 74.29% | 72.98% |
| Municipal | 0.65% | 0.00% | 54.26% | 16.64% |
| Derivative | 0.19% | -62.91% | 37.37% | 32.21% |
Bond Geographic Breakdown
| Weighting | Return Low | Return High | XBTZX % Rank | |
|---|---|---|---|---|
| US | 99.75% | -151.11% | 196.48% | 14.46% |
| Non US | 28.58% | 0.00% | 67.77% | 14.46% |
XBTZX - Expenses
Operational Fees
| XBTZX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.12% | 0.01% | 20.67% | 51.90% |
| Management Fee | 0.62% | 0.00% | 2.29% | 55.44% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | N/A | 0.00% | 0.70% | N/A |
Sales Fees
| XBTZX 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
| XBTZX 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.
| XBTZX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 20.00% | 0.00% | 632.00% | 4.96% |
XBTZX - Distributions
Dividend Yield Analysis
| XBTZX | Category Low | Category High | XBTZX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 23.30% | 97.13% |
Dividend Distribution Analysis
| XBTZX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Monthly | Annually | Monthly | Quarterly |
Net Income Ratio Analysis
| XBTZX | Category Low | Category High | XBTZX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 5.49% | -1.55% | 11.51% | 8.35% |
Capital Gain Distribution Analysis
| XBTZX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Jun 28, 2019 | $0.067 | OrdinaryDividend |
| May 31, 2019 | $0.067 | OrdinaryDividend |
| Apr 30, 2019 | $0.067 | OrdinaryDividend |
| Mar 29, 2019 | $0.067 | OrdinaryDividend |
| Feb 28, 2019 | $0.067 | OrdinaryDividend |
| Jan 09, 2019 | $0.067 | OrdinaryDividend |
| Dec 19, 2018 | $0.067 | OrdinaryDividend |
| Nov 30, 2018 | $0.067 | OrdinaryDividend |
| Oct 31, 2018 | $0.067 | OrdinaryDividend |
| Sep 28, 2018 | $0.067 | OrdinaryDividend |
| Aug 31, 2018 | $0.067 | OrdinaryDividend |
| Jul 31, 2018 | $0.067 | OrdinaryDividend |
| Jun 29, 2018 | $0.067 | OrdinaryDividend |
| May 31, 2018 | $0.067 | OrdinaryDividend |
| Apr 30, 2018 | $0.067 | OrdinaryDividend |
| Mar 29, 2018 | $0.067 | OrdinaryDividend |
| Feb 28, 2018 | $0.067 | OrdinaryDividend |
| Jan 09, 2018 | $0.067 | OrdinaryDividend |
| Dec 19, 2017 | $0.067 | OrdinaryDividend |
| Nov 30, 2017 | $0.067 | OrdinaryDividend |
| Oct 31, 2017 | $0.067 | OrdinaryDividend |
| Sep 29, 2017 | $0.071 | OrdinaryDividend |
| Aug 31, 2017 | $0.071 | OrdinaryDividend |
| Jul 31, 2017 | $0.071 | OrdinaryDividend |
| Jun 30, 2017 | $0.071 | OrdinaryDividend |
| May 31, 2017 | $0.071 | OrdinaryDividend |
| Apr 28, 2017 | $0.071 | OrdinaryDividend |
| Mar 31, 2017 | $0.071 | OrdinaryDividend |
| Feb 28, 2017 | $0.071 | OrdinaryDividend |
| Jan 09, 2017 | $0.071 | OrdinaryDividend |
| Dec 19, 2016 | $0.071 | OrdinaryDividend |
| Nov 30, 2016 | $0.071 | OrdinaryDividend |
| Oct 31, 2016 | $0.071 | OrdinaryDividend |
| Sep 30, 2016 | $0.076 | OrdinaryDividend |
| Aug 31, 2016 | $0.076 | OrdinaryDividend |
| Jul 29, 2016 | $0.076 | OrdinaryDividend |
| Jun 30, 2016 | $0.076 | OrdinaryDividend |
| May 31, 2016 | $0.076 | OrdinaryDividend |
| Apr 29, 2016 | $0.076 | OrdinaryDividend |
| Mar 31, 2016 | $0.076 | OrdinaryDividend |
| Feb 29, 2016 | $0.081 | OrdinaryDividend |
| Jan 08, 2016 | $0.081 | OrdinaryDividend |
| Dec 18, 2015 | $0.081 | OrdinaryDividend |
| Nov 30, 2015 | $0.081 | OrdinaryDividend |
| Oct 30, 2015 | $0.081 | OrdinaryDividend |
| Sep 30, 2015 | $0.081 | OrdinaryDividend |
| Aug 31, 2015 | $0.081 | OrdinaryDividend |
| Jul 31, 2015 | $0.081 | OrdinaryDividend |
| Jun 30, 2015 | $0.081 | OrdinaryDividend |
| May 29, 2015 | $0.081 | OrdinaryDividend |
| Apr 30, 2015 | $0.081 | OrdinaryDividend |
| Mar 31, 2015 | $0.081 | OrdinaryDividend |
| Feb 27, 2015 | $0.081 | OrdinaryDividend |
| Jan 09, 2015 | $0.081 | OrdinaryDividend |
| Dec 19, 2014 | $0.081 | OrdinaryDividend |
| Nov 28, 2014 | $0.081 | OrdinaryDividend |
| Oct 31, 2014 | $0.081 | OrdinaryDividend |
| Sep 30, 2014 | $0.081 | OrdinaryDividend |
| Aug 29, 2014 | $0.081 | OrdinaryDividend |
| Jul 31, 2014 | $0.081 | OrdinaryDividend |
| Jun 30, 2014 | $0.081 | OrdinaryDividend |
| May 30, 2014 | $0.081 | OrdinaryDividend |
| Apr 30, 2014 | $0.081 | OrdinaryDividend |
| Mar 31, 2014 | $0.081 | OrdinaryDividend |
| Feb 28, 2014 | $0.081 | OrdinaryDividend |
| Jan 08, 2014 | $0.081 | OrdinaryDividend |
| Dec 19, 2013 | $0.081 | OrdinaryDividend |
| Nov 29, 2013 | $0.081 | OrdinaryDividend |
| Oct 31, 2013 | $0.081 | OrdinaryDividend |
| Sep 30, 2013 | $0.079 | OrdinaryDividend |
| Aug 30, 2013 | $0.079 | OrdinaryDividend |
| Jul 31, 2013 | $0.079 | OrdinaryDividend |
| Jun 28, 2013 | $0.079 | OrdinaryDividend |
| May 31, 2013 | $0.079 | OrdinaryDividend |
| Apr 30, 2013 | $0.079 | OrdinaryDividend |
| Mar 28, 2013 | $0.079 | OrdinaryDividend |
| Feb 28, 2013 | $0.079 | OrdinaryDividend |
| Jan 09, 2013 | $0.079 | OrdinaryDividend |
| Dec 18, 2012 | $0.079 | OrdinaryDividend |
| Nov 30, 2012 | $0.078 | OrdinaryDividend |
| Nov 23, 2012 | $0.037 | ExtraDividend |
| Oct 31, 2012 | $0.078 | OrdinaryDividend |
| Sep 28, 2012 | $0.078 | OrdinaryDividend |
| Aug 31, 2012 | $0.078 | OrdinaryDividend |
| Jul 31, 2012 | $0.078 | OrdinaryDividend |
| Jun 29, 2012 | $0.078 | OrdinaryDividend |
| May 31, 2012 | $0.078 | OrdinaryDividend |
| Apr 30, 2012 | $0.078 | OrdinaryDividend |
| Mar 30, 2012 | $0.078 | OrdinaryDividend |
| Feb 29, 2012 | $0.078 | OrdinaryDividend |
| Jan 09, 2012 | $0.078 | OrdinaryDividend |
| Dec 19, 2011 | $0.078 | OrdinaryDividend |
| Nov 30, 2011 | $0.076 | OrdinaryDividend |
| Oct 31, 2011 | $0.076 | OrdinaryDividend |
| Sep 30, 2011 | $0.069 | OrdinaryDividend |
| Aug 31, 2011 | $0.069 | OrdinaryDividend |
| Jul 29, 2011 | $0.069 | OrdinaryDividend |
| Jun 30, 2011 | $0.069 | OrdinaryDividend |
| May 31, 2011 | $0.069 | OrdinaryDividend |
| Apr 29, 2011 | $0.069 | OrdinaryDividend |
| Mar 31, 2011 | $0.069 | OrdinaryDividend |
| Feb 28, 2011 | $0.069 | OrdinaryDividend |
| Jan 10, 2011 | $0.069 | OrdinaryDividend |
| Dec 20, 2010 | $0.069 | OrdinaryDividend |
| Nov 30, 2010 | $0.079 | OrdinaryDividend |
| Oct 29, 2010 | $0.079 | OrdinaryDividend |
| Sep 30, 2010 | $0.079 | OrdinaryDividend |
| Aug 31, 2010 | $0.079 | OrdinaryDividend |
| Jul 30, 2010 | $0.079 | OrdinaryDividend |
| Jun 30, 2010 | $0.079 | OrdinaryDividend |
| May 28, 2010 | $0.100 | OrdinaryDividend |
| Apr 30, 2010 | $0.100 | OrdinaryDividend |
| Mar 31, 2010 | $0.100 | OrdinaryDividend |
| Feb 26, 2010 | $0.100 | OrdinaryDividend |
| Jan 11, 2010 | $0.100 | OrdinaryDividend |
| Dec 18, 2009 | $0.100 | OrdinaryDividend |
| Nov 30, 2009 | $0.100 | OrdinaryDividend |
| Oct 30, 2009 | $0.100 | OrdinaryDividend |
| Sep 30, 2009 | $0.100 | OrdinaryDividend |
| Aug 31, 2009 | $0.100 | OrdinaryDividend |
| Jul 31, 2009 | $0.100 | OrdinaryDividend |
| Jun 30, 2009 | $0.100 | OrdinaryDividend |
| May 29, 2009 | $0.130 | OrdinaryDividend |
| Apr 30, 2009 | $0.130 | OrdinaryDividend |
| Mar 31, 2009 | $0.130 | OrdinaryDividend |
| Feb 27, 2009 | $0.130 | OrdinaryDividend |
| Jan 09, 2009 | $0.130 | OrdinaryDividend |
| Dec 18, 2008 | $0.130 | OrdinaryDividend |
| Nov 28, 2008 | $0.130 | OrdinaryDividend |
| Oct 31, 2008 | $0.130 | OrdinaryDividend |
| Sep 30, 2008 | $0.130 | OrdinaryDividend |
| Aug 29, 2008 | $0.130 | OrdinaryDividend |
| Jul 31, 2008 | $0.130 | OrdinaryDividend |
| Jun 30, 2008 | $0.130 | OrdinaryDividend |
| May 30, 2008 | $0.156 | OrdinaryDividend |
| Apr 30, 2008 | $0.156 | OrdinaryDividend |
| Mar 31, 2008 | $0.156 | OrdinaryDividend |
| Feb 29, 2008 | $0.156 | OrdinaryDividend |
| Jan 09, 2008 | $0.156 | OrdinaryDividend |
| Dec 18, 2007 | $0.156 | OrdinaryDividend |
| Nov 30, 2007 | $0.156 | OrdinaryDividend |
| Oct 31, 2007 | $0.156 | OrdinaryDividend |
| Sep 28, 2007 | $0.156 | OrdinaryDividend |
| Aug 31, 2007 | $0.156 | OrdinaryDividend |
| Jul 31, 2007 | $0.156 | OrdinaryDividend |
| Jun 29, 2007 | $0.156 | OrdinaryDividend |
| May 31, 2007 | $0.156 | OrdinaryDividend |
| Apr 30, 2007 | $0.156 | OrdinaryDividend |
| Mar 30, 2007 | $0.156 | OrdinaryDividend |
| Feb 28, 2007 | $0.156 | OrdinaryDividend |
XBTZX - Fund Manager Analysis
Managers
Jeffrey Cucunato
Start Date
Tenure
Tenure Rank
Jun 01, 2011
11.01
11.0%
Jeffrey Cucunato, Managing Director, is a member of the US Bonds Portfolio Team within BlackRock's Fixed Income Portfolio Management Group. He is the lead manager for the Investment Grade Corporates and Long Duration Portfolio Team. Prior to joining the corporate bond team, Mr. Cucunato focused on interest rate products, including government and agency securities. He was also involved in the day-to-day management of BlackRock's inflation-linked bond portfolios. Mr. Cucunato joined the Portfolio Management Group in 1997. He began his career at BlackRock in 1995 as an analyst in the Account Management Group, working with international clients and alternative investments.
Mitchell Garfin
Start Date
Tenure
Tenure Rank
Jun 01, 2011
11.01
11.0%
Managing Director of BlackRock, Inc. since 2009 and Co-Head of U.S. Leveraged Finance; Director of BlackRock, Inc. from 2005 to 2008.
Stephan Bassas
Start Date
Tenure
Tenure Rank
Jun 01, 2011
11.01
11.0%
Stephan Bassas is a Managing Director of BlackRock, Inc. since 2012
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.08 | 28.19 | 5.72 | 3.19 |