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Certain BlackRock Closed-End Funds Announce Estimated Sources of Distributions
Business Wire (Fri, 30-Jan 4:30 PM ET)
Distribution Dates and Amounts Announced for Certain BlackRock Closed-End Funds
Business Wire (Fri, 2-Jan 4:30 PM ET)
BlackRock Multi-Sector Income Trust’s (BIT) (the “Trust”) primary investment objective is to seek high current income, with a secondary objective of capital appreciation. The Trust seeks to achieve its investment objectives by investing, under normal market conditions, at least 80% of its assets in loan and debt instruments and other investments with similar economic characteristics. The Trust may invest directly in such securities or synthetically through the use of derivatives.
Blackrock Multi Sector Income trades on the NYSE stock market under the symbol BIT.
As of February 13, 2026, BIT stock price climbed to $13.23 with 40,948 million shares trading.
BIT has a beta of 0.42, meaning it tends to be less sensitive to market movements. BIT has a correlation of 0.36 to the broad based SPY ETF.
BIT has a market cap of $743.15 million. This is considered a Small Cap stock.
In the last 3 years, BIT traded as high as $15.98 and as low as $12.50.
BIT has underperformed the market in the last year with a return of -0.3%, while SPY returned +13.9%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in BIT shares. However, BIT has outperformed the market in the last 3 month and 2 week periods, returning +2.3% and -0.2%, while SPY returned -0.2% and -2.0%, respectively. This indicates BIT has been having a stronger performance recently.
BIT support price is $13.13 and resistance is $13.24 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that BIT shares will trade within this expected range on the day.