What does the Blackrock Credit Allocation Income Trust do?
BlackRock Credit Allocation Income Trust is a closed ended balanced mutual fund launched by BlackRock, Inc. The fund is co-managed by BlackRock Advisors, LLC and BlackRock (Singapore) Limited. It invests in the fixed income markets across the globe. For the fixed income portion of the portfolio, the fund primarily invests in securities with an average credit quality of BBB by Standard & Poor s Corporation. It invests in investment grade corporate bonds, high yield bonds, bank loans, preferred securities or convertible bonds or derivatives. The fund was formerly known as BlackRock Preferred & Equity Advantage Trust. BlackRock Credit Allocation Income Trust was formed on December 27, 2006 and is domiciled in the United States.
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Current Price
$10.26
$0.11
(1.08%)
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Related Stocks
Atlanticus Holdings Corp
$38.07
$1.89 (5.22 %)
Duff & Phelps Utility and Infrastructure Fund Inc
$12.88
$0.14 (1.10 %)
First Trust Enhanced Equity Income Fund
$17.27
$0.15 (0.88 %)
Morgan Stanley Emerging Markets Domestic Debt Fund Inc
$4.70
$0.01 (0.21 %)
Sign up and dive into a whole new world of investing.
Join over 370,000 who have signed up and are using Stockal successfully already.