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Distribution Dates and Amounts Announced for Certain BlackRock Closed-End Funds
Business Wire (Fri, 27-Feb 4:31 PM ET)
Certain BlackRock Closed-End Funds Announce Estimated Sources of Distributions
Business Wire (Fri, 27-Feb 4:30 PM ET)
BlackRock Income Trust, Inc.’s (BKT) (the “Trust”) investment objective is to manage a portfolio of high-quality securities to achieve both preservation of capital and high monthly income. The Trust seeks to achieve its investment objective by investing at least 65% of its assets in mortgage-backed securities. The Trust invests at least 80% of its assets in securities that are (i) issued or guaranteed by the US government or one of its agencies or instrumentalities or (ii) rated at the time of investment either AAA by S&P or Aaa by Moody’s. The Trust may invest directly in such securities or synthetically through the use of derivatives. On June 6, 2014, the Boards of the Trust, BlackRock Income Opportunity Trust, Inc. (“BNA”) and BlackRock Core Bond Trust (“BHK”) approved the reorganizations of the Trust and BNA with and into BHK, with BHK continuing as the surviving fund after the reorganizations. At a special meeting of shareholders on September 30, 2014, the reorganization of the Trust with and into BHK was not approved by BKT shareholders. Consequently, the reorganization of BKT with and into BHK will not be completed.
Blackrock Income Trust trades on the NYSE stock market under the symbol BKT.
As of March 23, 2026, BKT stock price climbed to $10.68 with 16,488 million shares trading.
BKT has a beta of 0.01, meaning it tends to be less sensitive to market movements. BKT has a correlation of 0.00 to the broad based SPY ETF.
BKT has a market cap of $259.44 million. This is considered a Small Cap stock.
In the last 3 years, BKT traded as high as $12.95 and as low as $10.55.
BKT has underperformed the market in the last year with a return of +0.7%, while SPY returned +17.8%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in BKT shares. However, BKT has outperformed the market in the last 3 month and 2 week periods, returning +0.9% and -1.7%, while SPY returned -3.5% and -2.3%, respectively. This indicates BKT has been having a stronger performance recently.
BKT support price is $10.57 and resistance is $10.69 (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 BKT shares will trade within this expected range on the day.