BlackRock Credit Allocation Income Trust

BlackRock Credit Allocation Income Trust (BTZ) is a closed-ended balanced mutual fund launched by BlackRock, Inc. It is co-managed by BlackRock Advisors, LLC and BlackRock (Singapore) Limited. The fund invests in fixed income markets across the globe, focusing on securities with an average credit quality of BBB by Standard & Poor's Corporation. Its portfolio includes investment grade corporate bonds, high yield bonds, bank loans, preferred securities, convertible bonds, and derivatives. The fund aims to provide a balanced approach to income generation and capital appreciation through diversified credit exposure.

BlackRock Credit Allocation Income Trust (BTZ) is listed on the New York Stock Exchange (NYSE) under the ticker symbol BTZ. The fund trades in US Dollars (USD), as it is domiciled in the United States. Being listed on the NYSE provides investors with liquidity and access to a major global exchange, while trading in USD aligns with its primary market and investor base.

BlackRock Credit Allocation Income Trust (BTZ) operates in the Financial Services sector, specifically within the Asset Management industry. As a closed-ended mutual fund, its primary business is managing a diversified portfolio of fixed income securities to generate returns for its shareholders. The fund's activities include selecting and managing investments across various credit instruments, which falls under the broader asset management category.

BlackRock Credit Allocation Income Trust (BTZ) is domiciled in the United States and was formed on December 27, 2006. The fund invests in fixed income markets across the globe, meaning it seeks opportunities in both domestic and international credit markets. Its co-managers include BlackRock Advisors, LLC (based in the US) and BlackRock (Singapore) Limited, indicating a global investment approach. The fund primarily targets US investors but its portfolio spans worldwide fixed income securities.

BlackRock Credit Allocation Income Trust (BTZ) employs a balanced investment strategy, focusing on fixed income securities with an average credit quality of BBB by Standard & Poor's Corporation. The fund invests in a mix of investment grade corporate bonds, high yield bonds, bank loans, preferred securities, convertible bonds, and derivatives. This diversified approach allows the fund to seek income and capital appreciation while managing risk across different credit segments. The fund was formerly known as BlackRock Preferred & Equity Advantage Trust, reflecting its historical focus on preferred securities and equities before transitioning to a broader credit allocation mandate.