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BIT / BIT: A Well-Managed 9.89%-Yielding Bond CEF, But An Expensive One

The high inflation rate in the U.S. has increased the cost of living, making it difficult for many people to make ends meet. The BlackRock Multi-Sector Income Trust offers a 9.89% yield, providing a potential source of extra income for investors. The fund primarily invests in debt securities, with a focus on high-yield bonds, and uses leverage to boost its returns. Read More

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BIT

Well

Managed

89 Yielding

Bond

Cef

Expensive

Well managed

9 89 yielding

Stock

Posted: Aug 9 2023, 13:44

Author Name: Seeking Alpha

BIT News

By Seeking Alpha
October 8, 2023

BIT: Fantastic Fund, Terrible Price

BIT is a diversified bond CEF focusing on high-yield bonds. Although returns and distributions have both been quite strong in the recent past, the fun

By Seeking Alpha
August 9, 2023

BIT: A Well-Managed 9.89%-Yielding Bond CEF, But An Expensive One

The high inflation rate in the U.S. has increased the cost of living, making it difficult for many people to make ends meet. The BlackRock Multi-Secto

By Seeking Alpha
May 23, 2023

BIT: Some Good Things, But Distribution Sustainability Is Questionable

Investors are desperate for income today because of the rapidly-rising cost of living. BIT invests in a portfolio of traditional fixed-income and alte

By Seeking Alpha
March 3, 2023

BIT: High Exposure To CCC Or Lower Credits

The BIT fund provides high income from a portfolio of fixed income securities. I am concerned about BIT as the fund has over 20% of managed assets rat

By Seeking Alpha
December 13, 2022

BIT: This High-Yielding Bond Fund Might Be Worth Considering Today

BIT provides a way to obtain the extra income that is needed to weather today's rising cost of living. The fund invests in a levered bond portfolio to

By Seeking Alpha
March 27, 2022

BIT: Strong High-Yield Bond CEF, 9.4% Distribution Yield, Good Discount And Performance

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