The Technical Analyst
Blackrock Credit [BTZ]
Exchange: NYSE Sector: Financial Services Industry: Asset Management
Blackrock Credit Price, Forecast, Insider, Ratings, Fundamentals & Signals
-0.10% $10.49
America/New_York / 8 mai 2024 @ 16:00
| FUNDAMENTALS | |
|---|---|
| MarketCap: | 980.59 mill |
| EPS: | 1.410 |
| P/E: | 7.44 |
| Earnings Date: | Mar 06, 2024 |
| SharesOutstanding: | 93.48 mill |
| Avg Daily Volume: | 0.253 mill |
| RATING 2024-05-08 |
|---|
| A- |
| Buy |
| RATINGS | ||
|---|---|---|
| Rating CashFlow: | Strong Sell | |
| Return On Equity: | Strong Buy | |
| Return On Asset: | Strong Buy | |
| DE: | Buy | |
| P/E: | Sell | |
| Price To Book: | Neutral |
| QUARTER GROWTHS | ||||||
|---|---|---|---|---|---|---|
| 3/22 | 4/22 | 1/23 | 2/23 | 3/23 | 4/23 | |
| Revenue | ||||||
| Gr.Profit | ||||||
| Ebit | ||||||
| Asset | n/a | n/a | n/a | |||
| Debt |
| PE RATIO: COMPANY / SECTOR |
|---|
| 0.75x |
| Company: PE 7.44 | sector: PE 9.91 |
| PE RATIO: COMPANY / INDUSTRY |
|---|
| 0.37x |
| Company: PE 7.44 | industry: PE 20.04 |
| DISCOUNTED CASH FLOW VALUE |
|---|
|
$-6.20 (-159.11%) $-16.69 |
| Date: 2024-05-09 |
| Expected Trading Range (DAY) |
|---|
|
$ 10.37 - 10.61 ( +/- 1.12%) |
| ATR Model: 14 days |
Insider Trading
| Date | Person | Action | Amount | type |
|---|---|---|---|---|
| 2024-04-01 | Steinmetz Arthur Philip | Buy | 1 215 | Performance Rights |
| 2024-04-01 | Hubbard Robert Glenn | Buy | 1 172 | Performance Rights |
| 2024-04-01 | Lynch Catherine A. | Buy | 129 | Performance Rights |
| 2024-04-01 | Flores Lorenzo | Buy | 849 | Performance Rights |
| 2024-04-01 | Holloman James Phillip | Buy | 859 | Performance Rights |
| INSIDER POWER |
|---|
| 15.73 |
| Last 98 transactions |
| Buy: 116 326 | Sell: 73 988 |
Forecast:
16:00 - $10.48
Live Trading Signals (every 1 min)
Forecast
1: 16:00 - $10.48
Forecast 2: 16:00 - $10.48
Forecast 3: 16:00 - $10.48
SCORE
10.00
Buy
10.00
Buy
Score Algorithm Version: 1.2C
Last version updated: Fri April 15th, 2022
Last version updated: Fri April 15th, 2022
| Indicator Signals | |
|---|---|
| RSI 21 | |
| SMA | |
| Trend | |
| Trend 2 | |
| Trend 3 | |
| MACD |
| Volume Signals | |
|---|---|
| Price | $10.49 (-0.10% ) |
| Volume | 0.293 mill |
| Avg. Vol. | 0.253 mill |
| % of Avg. Vol | 115.74 % |
| Signal 1: | |
| Signal 2: |
Today
Last 12 Months
RSI
Last 10 Buy & Sell Signals For BTZ
0 Signals | Accuracy: 0.00% | Accuracy Buy: 0.00% | Accuracy Sell: 0.00%
Avg return buy: 0.00 % | Avg return sell: 0.00 %
$1 invested is now $1.00 or 0.00% since Coming Soon
| Date | Signal | @ | Closed | % |
|---|
BTZ
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.
Latest Press Releases
2024-03-01 16:30:00 - Press Release
Distribution Dates And Amounts Announced For Certain Blackrock Closed-end Funds
New york--(business wire)--certain blackrock closed-end funds (the “funds”) announced distributions today as detailed below. municipal funds: declaration- 3/1/2024 ex-date- 3/14/2024 record- 3/15/2024 payable- 4/1/2024 national funds ticker distribution change from prior distribution blackrock municipal income quality trust* bym $0.052500 - blackrock long-term municipal advantage trust* bta $0.043500 - blackrock muniassets fund, inc.* mua $0.055500 - blackrock municipal income fund, inc.
2023-12-05 17:00:00 - Press Release
Distribution Dates And Amounts Announced For Certain Blackrock Closed-end Funds
New york--(business wire)--certain blackrock closed-end funds (the “funds”) announced distributions today as detailed below. blackrock floating rate income trust (nyse: bgt), blackrock floating rate income strategies fund, inc. (nyse: fra) and blackrock debt strategies fund, inc. (nyse: dsu) announced increases to their monthly distributions. certain blackrock municipal funds previously declared their december, january and february distributions and declared special distributions today in order.
2023-10-31 17:15:00 - Press Release
Certain Blackrock Closed-end Funds Announce Estimated Sources Of Distributions
New york--(business wire)--today, blackrock resources & commodities strategy trust (nyse: bcx), blackrock enhanced equity dividend trust (nyse: bdj), blackrock energy and resources trust (nyse: bgr), blackrock enhanced international dividend trust (nyse: bgy), blackrock health sciences trust (nyse: bme), blackrock health sciences term trust (nyse: bmez), blackrock enhanced global dividend trust (nyse: boe), blackrock utilities, infrastructure & power opportunities trust (nyse: bui), bla.
2023-09-29 16:30:00 - Press Release
Certain Blackrock Closed-end Funds Announce Estimated Sources Of Distributions
New york--(business wire)--today, blackrock resources & commodities strategy trust (nyse: bcx), blackrock enhanced equity dividend trust (nyse: bdj), blackrock energy and resources trust (nyse: bgr), blackrock enhanced international dividend trust (nyse: bgy), blackrock health sciences trust (nyse: bme), blackrock health sciences term trust (nyse: bmez), blackrock enhanced global dividend trust (nyse: boe), blackrock utilities, infrastructure & power opportunities trust (nyse: bui), bla.
2023-08-31 16:30:00 - Press Release
Certain Blackrock Closed-end Funds Announce Estimated Sources Of Distributions
New york--(business wire)--today, blackrock resources & commodities strategy trust (nyse: bcx), blackrock enhanced equity dividend trust (nyse: bdj), blackrock energy and resources trust (nyse: bgr), blackrock enhanced international dividend trust (nyse: bgy), blackrock health sciences trust (nyse: bme), blackrock health sciences term trust (nyse: bmez), blackrock enhanced global dividend trust (nyse: boe), blackrock utilities, infrastructure & power opportunities trust (nyse: bui), bla.
Latest News
2024-05-06 12:15:00 - Seeking Alpha
PDI: 13.7% Yield Attractive Despite Section 19 Notices
2024-03-12 13:41:10 - Seeking Alpha
BTZ: A Decent Multi-Sector Bond Fund, But Lack Of Floaters A Risk
BlackRock Credit Allocation Income Trust is a debt-focused closed-end fund that boasts a 9.23% current yield. The BTZ closed-end fund claims to invest in a combination of floating-rate and fixed-rate debt, but the portfolio is almost entirely in fixed-rate assets with floating-rate securities an afterthought. The BTZ fund substantially underperformed competing funds that are more flexible in the balance between floaters and fixed-rate bonds over the past three years.
2023-12-18 06:22:54 - Seeking Alpha
BTZ: Good Debt Allocation Fund, But Fixed-Rate Bonds Might Be Overpriced
The BlackRock Credit Allocation Income Trust offers a current yield of 9.68%, lower than other debt funds in the market. The fund's shares have increased by 7.19% since October 12, 2023, outperforming the Bloomberg U.S. Aggregate Bond Index. BTZ's performance history suggests competent management, but it favors fixed-rate securities over floating-rate securities, which may impact performance.
2023-12-03 02:34:21 - Seeking Alpha
Closed-End Funds: Investment-Grade Corporate Fixed-Income Exposure To Consider
Investment-grade corporate-focused closed-end funds offer attractive fixed-income options with higher yields in the current higher-rate environment. Leverage and discounts/premiums in CEFs add volatility to consider when investing in these funds, which would otherwise be for more conservative investors. Besides the higher yields, when rates decline investment-grade funds should see a significant rebound, adding a catalyst for potential upside and 'locking in' higher yields now.
2023-10-12 14:59:18 - Seeking Alpha
BTZ: Decent Fund, But May Be Best Suited For A Pair Trade
The BlackRock Credit Allocation Income Trust offers a high yield of 10.29%, but it is lower than other fixed-income closed-end funds. The BTZ closed-end fund has outperformed its peers in the past, but may have been slower to adapt its strategy to higher interest rates. The BTZ fund's leverage is above the preferred level, but it is not out of line with other debt-focused closed-end funds.
2023-09-01 15:47:25 - Seeking Alpha
CEF Report August 2023: Taxables Get Bought And Are Not Very Compelling, Munis Look Best
Taxable closed-end fund discounts have narrowed, reducing their attractiveness, while credit spreads have tightened, producing returns in some areas of the CEF market. Municipal CEFs remain exceptionally cheap, with discounts wider than 99% of historical observations. The risk-reward in the taxable bond CEF space is on the downside, while the upside potential in municipal CEFs is significant, but dependent on a shift in Fed policy and inflation.
2023-08-07 16:02:01 - Seeking Alpha
BTZ: This CEF Remains Attractively Valued
BlackRock Credit Allocation Income Trust provides diversified exposure to fixed-income securities with a multi-sector approach. BTZ remains attractively valued despite a bit of a narrowing discount, but distribution coverage has worsened. The fund utilizes derivatives with its highly flexible investment strategy, which could potentially provide for capital gains to fund the payout.
2023-04-03 13:01:42 - Seeking Alpha
BTZ: Multi-Sector Bond Fund At A Discount
BTZ invests with a split between investment-grade and below-investment-grade debt with a multi-sector approach. The fund's latest discount has dropped into the double-digit area, where it becomes a more appealing investment option.
2023-02-17 02:33:35 - Seeking Alpha
BTZ: Buy If You Think Yields Will Go Lower
BTZ provides high current income from a portfolio of credit instruments. It has a relatively high duration of 6.4 years, which caused 2022's poor performance.
2022-12-04 05:00:47 - Seeking Alpha
BTZ: Getting To A Better Valuation For This Multi-Sector Bond Fund
BTZ has been under pressure along with everything else through 2022 as interest rates have wreaked havoc. Now that some large declines are in and the fund has gone to a discount, there could be a better opportunity here.