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BlackRock Credit Allocation Income Trust (BTZ)

BlackRock Credit Allocation Income Trust (BTZ)

Sector: Unit Investment Trusts, Face-Amount Certificate Offices, and Closed-End Management Investment Offices Region: United States


: | New York Stock Exchange: BYT


Similar to: The European Equity Fund, Inc., Establishment Investment Trust Plc, Aurora Investment Trust Plc

BlackRock Credit Allocation Income Trust’s (BTZ) (the 'Trust') investment objective is to provide current income, current gains and capital appreciation. The Trust seeks to achieve its investment objective by investing, under normal market conditions, at least 80% of its assets in credit-related securities, including, but not limited to, investment grade corporate bonds, high yield bonds (commonly referred to as 'junk' bonds), bank loans, preferred securities or convertible bonds or derivatives with economic characteristics similar to these credit-related securities. The Trust may invest directly in such securities or synthetically through the use of derivatives.

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