The BlackRock Credit Allocation Income Trust, BTZ, is a taxable closed-end Trust. BTZ commenced operations in December 2006 with the investment objective of seeking current income, current gains and capital appreciation. On September 4, 2009, BTZs Board of Trustees announced changes to certain non-fundamental policies of the Trust. Reflecting these changes, the Trust, under normal market conditions, will invest at least 80% its total assets in credit-related securities, including, but not limited to, investment grade corporate bonds, high yield bonds, bank loans, preferred securities or convertible bonds or derivatives with economic characteristics similar to these credit-related securities. The Trust is formerly known as BlackRock Preferred & Equity Advantage Trust.
Company profile
Ticker
BTZ
Exchange
Website
CEO
John Perlowski
Employees
Incorporated
Location
Fiscal year end
Former names
BLACKROCK CREDIT ALLOCATION INCOME TRUST IV, BlackRock Preferred & Equity Advantage Trust, BLACKROCK PREFERRED & EQUITY ADVANTAGE TRUST, BlackRock Preferred & Equity Trust
SEC CIK
Corporate docs
BTZ stock data
Latest filings (excl ownership)
N-CEN
Annual report (registered investment company)
14 Mar 24
N-CSR
Certified annual shareholder report (management investment company)
6 Mar 24
N-CSRS
Certified semi-annual shareholder report (management investment company)
1 Sep 23
N-PX
Annual report of proxy voting record
25 Aug 23
CORRESP
Correspondence with SEC
4 Aug 23
DEF 14A
Definitive proxy
23 May 23
N-CEN
Annual report (registered investment company)
10 Mar 23
N-CSR
Certified annual shareholder report (management investment company)
6 Mar 23
N-CSRS
Certified semi-annual shareholder report (management investment company)
1 Sep 22
N-PX
Annual report of proxy voting record
25 Aug 22
Latest ownership filings
4
Arthur Philip Steinmetz
3 Apr 24
4
ROBERT GLENN HUBBARD
3 Apr 24
4
Catherine A. Lynch
3 Apr 24
4
Lorenzo Flores
3 Apr 24
4
James Phillip Holloman
3 Apr 24
4
Stayce D. Harris
3 Apr 24
4
W CARL KESTER
3 Apr 24
SC 13G/A
SIT INVESTMENT ASSOCIATES INC
6 Feb 24
4
Mitchell Garfin
2 Feb 24
4
Jeffrey Cucunato
2 Feb 24
Funds
Series | Ticker | %Monthly Return ? | $Assets | #Holdings | As of | ||
---|---|---|---|---|---|---|---|
BlackRock Credit Allocation Income Trust | – | 1.01 | -0.07 | -2.03 | 1.68 bn | 1,970 | Sep 2023 |
Institutional ownership, Q3 2023
35.1% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 131 |
Opened positions | 17 |
Closed positions | 19 |
Increased positions | 42 |
Reduced positions | 39 |
13F shares | Current |
---|---|
Total value | 315.98 bn |
Total shares | 32.84 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Sit Investment Associates | 6.05 mm | $58.49 bn |
MS Morgan Stanley | 4.68 mm | $45.31 bn |
BAC Bank Of America | 3.40 mm | $32.94 bn |
Allspring Global Investments | 2.60 mm | $25.20 bn |
IVZ Invesco | 1.12 mm | $10.82 bn |
UBS UBS Group AG - Registered Shares | 887.54 k | $8.59 bn |
Raymond James Financial Services Advisors | 862.38 k | $8.35 bn |
Karpus Management | 857.23 k | $8.30 bn |
Capital Investment Advisors | 819.34 k | $7.93 bn |
RY Royal Bank Of Canada | 732.82 k | $7.09 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
1 Apr 24 | Kester W Carl | Performance Rights Common Stock | Grant | Acquire A | No | No | 10.59 | 221.59 | 2.35 k | 25,089.73 |
1 Apr 24 | Stayce D. Harris | Performance Rights Common Stock | Grant | Acquire A | No | No | 10.59 | 798.07 | 8.45 k | 9,393.73 |
1 Apr 24 | Hubbard Robert Glenn | Performance Rights Common Stock | Grant | Acquire A | No | No | 10.59 | 1,171.85 | 12.41 k | 57,818.1 |
1 Apr 24 | Lynch Catherine A. | Performance Rights Common Stock | Grant | Acquire A | No | No | 10.59 | 128.54 | 1.36 k | 7,753.27 |
1 Apr 24 | Lorenzo Flores | Performance Rights Common Stock | Grant | Acquire A | No | No | 10.59 | 848.58 | 8.99 k | 9,565.25 |
Press releases
Distribution Dates and Amounts Announced for Certain BlackRock Closed-End Funds
1 Apr 24
Certain BlackRock Closed-End Funds Announce Estimated Sources of Distributions
28 Mar 24
Distribution Dates and Amounts Announced for Certain BlackRock Closed-End Funds
1 Mar 24
Certain BlackRock Closed-End Funds Announce Estimated Sources of Distributions
29 Feb 24
Distribution Dates and Amounts Announced for Certain BlackRock Closed-End Funds
1 Feb 24