BlackRock Multi-Sector Income Trust (BIT)Financial Services | Asset Management | New York, United States | NYSE
11.96 USD
+0.01
(0.084%)
⇧
(Aug. 28, 2026, 4 p.m.
EDT)
After hours: 11.96 |
Hot Take ↕ | Aug. 22, 2026, 3:52 a.m. EDT
The investment case for this closed-end fund has collapsed due to a dangerous disconnect between payouts and earnings. The headline figure of a 12.5% yield is a trap; the payout ratio of 138% confirms the trust is distributing significantly more cash than it generates in earnings, a classic sign of NAV erosion that will inevitably force a cut in distributions. This unsustainable burn is reflected in the price action, which has dragged down nearly 19% over the last nine years, with the most recent annual return showing another decline. While the stock trades at a low multiple relative to trailing earnings, this is the market pricing in the inevitable reduction in payouts rather than a margin of safety. With no clear path to restoring profitability or stabilizing the distribution, the asset offers no compelling entry point for either income or capital appreciation. |
| Model | MAE |
|---|---|
| AutoTheta ✓ | 0.010868 |
| AutoARIMA | 0.014326 |
| AutoETS | 0.014751 |
| MSTL | 0.016508 |
Forecast horizon: 45 days | Selected: AutoTheta
| Forecast Reliability | |
|---|---|
| Score | 63% |
| H-stat | 3.82 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.387 |
| Excess Kurtosis | -0.72 |
| Attribute | Value |
|---|---|
| Sector | Financial Services |
| Ex Dividend Date | 2026-09-14 |
| Last Dividend Date | 2026-08-13 |
| Market Cap | 682,470,016 |
| Trailing P/E | 11.28 |
| Website | https://www.blackrock.com/investing/products/249839/blackrock-multisector-income-trust-fund |
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 1.02% | 11.63% | 10.41% | 9.95% |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-08-14 | 0.124000 | 1.018899 |
| 2026-07-15 | 0.124000 | 1.004049 |
| 2026-06-15 | 0.124000 | 0.994387 |
| 2026-05-15 | 0.124000 | 1.002425 |
| 2026-04-15 | 0.124000 | 0.977918 |
| 2026-03-13 | 0.124000 | 0.992000 |
| 2026-02-13 | 0.124000 | 0.942966 |
| 2026-01-20 | 0.124000 | 0.945122 |
| 2025-12-22 | 0.124000 | 0.948738 |
| 2025-11-14 | 0.124000 | 0.945843 |
| 2025-10-15 | 0.124000 | 0.942966 |
| 2025-09-15 | 0.124000 | 0.911095 |
| 2025-08-15 | 0.120505 | 0.824248 |
| 2025-07-15 | 0.120505 | 0.828783 |
| 2025-06-13 | 0.120505 | 0.838587 |
| 2025-05-15 | 0.120505 | 0.840342 |
| 2025-04-15 | 0.120505 | 0.877038 |
| 2025-03-14 | 0.120505 | 0.828783 |
| 2025-02-14 | 0.120505 | 0.816430 |
| 2025-01-15 | 0.120505 | 0.817537 |
| 2024-12-16 | 0.120505 | 0.828213 |
| 2024-11-15 | 0.120505 | 0.825377 |
| 2024-10-15 | 0.120505 | 0.812576 |
| 2024-09-16 | 0.120505 | 0.799635 |
| 2024-08-15 | 0.120505 | 0.820320 |
| 2024-07-15 | 0.120505 | 0.820320 |
| 2024-06-14 | 0.120505 | 0.821438 |
| 2024-05-14 | 0.120505 | 0.790197 |
| 2024-04-12 | 0.120505 | 0.785049 |
| 2024-03-14 | 0.120505 | 0.770985 |
| 2024-02-14 | 0.120505 | 0.787614 |
| 2024-01-11 | 0.120505 | 0.795938 |
| 2023-12-14 | 0.120505 | 0.785561 |
| 2023-11-14 | 0.120505 | 0.827076 |
| 2023-10-13 | 0.120505 | 0.835680 |
| 2023-09-14 | 0.120505 | 0.827076 |
| 2023-08-14 | 0.120505 | 0.814773 |
| 2023-07-13 | 0.120505 | 0.835100 |
| 2023-06-14 | 0.120505 | 0.840342 |
| 2023-05-12 | 0.120505 | 0.833368 |
| 2023-04-13 | 0.120505 | 0.821438 |
| 2023-03-14 | 0.120505 | 0.824812 |
| 2023-02-14 | 0.120505 | 0.795413 |
| 2023-01-12 | 0.120505 | 0.804977 |
| 2022-12-14 | 0.120505 | 0.818092 |
| 2022-11-14 | 0.120505 | 0.815325 |
| 2022-10-13 | 0.120505 | 0.830496 |
| 2022-09-14 | 0.120505 | 0.752686 |
| 2022-08-12 | 0.120505 | 0.737034 |
| 2022-07-14 | 0.120505 | 0.829353 |
| 2022-06-14 | 0.120505 | 0.846838 |
| 2022-05-13 | 0.120505 | 0.827644 |
| 2022-04-13 | 0.120505 | 0.745238 |
| 2022-03-14 | 0.120505 | 0.794364 |
| 2022-02-14 | 0.120505 | 0.742941 |
| 2021-12-30 | 0.120505 | 0.650675 |
| 2021-12-14 | 0.120505 | 0.662115 |
| 2021-11-12 | 0.120505 | 0.643380 |
| 2021-10-14 | 0.120505 | 0.641667 |
| 2021-09-14 | 0.120505 | 0.633237 |
| 2021-08-13 | 0.120505 | 0.642009 |
| 2021-07-14 | 0.120505 | 0.642009 |
| 2021-06-14 | 0.120505 | 0.637593 |
| 2021-05-13 | 0.120505 | 0.659579 |
| 2021-04-14 | 0.120505 | 0.661389 |
| 2021-03-12 | 0.120505 | 0.673965 |
| 2021-02-12 | 0.120505 | 0.678901 |
| 2020-12-30 | 0.120505 | 0.697771 |
| 2020-12-14 | 0.120505 | 0.708436 |
| 2020-11-13 | 0.120505 | 0.737485 |
| 2020-10-14 | 0.120505 | 0.747550 |
| 2020-09-14 | 0.120505 | 0.749409 |
| 2020-08-13 | 0.120505 | 0.745699 |
| 2020-07-14 | 0.120505 | 0.813673 |
| 2020-06-12 | 0.120505 | 0.849824 |
| 2020-05-14 | 0.120505 | 0.929823 |
| 2020-04-14 | 0.120505 | 0.872592 |
| 2020-03-13 | 0.120505 | 0.906734 |
| 2020-02-13 | 0.120505 | 0.722019 |
| 2019-12-30 | 0.120505 | 0.755991 |
| 2019-12-13 | 0.120505 | 0.717719 |
| 2019-11-14 | 0.120505 | 0.702244 |
| 2019-10-11 | 0.120505 | 0.709270 |
| 2019-09-13 | 0.113703 | 0.664153 |
| 2019-08-14 | 0.113703 | 0.678014 |
| 2019-07-12 | 0.113703 | 0.657623 |
| 2019-06-13 | 0.113703 | 0.663378 |
| 2019-05-14 | 0.113703 | 0.678014 |
| 2019-04-12 | 0.113703 | 0.675597 |
| 2019-03-14 | 0.113703 | 0.682082 |
| 2019-02-14 | 0.113703 | 0.691204 |
| 2018-12-28 | 0.113703 | 0.728865 |
| 2018-12-12 | 0.113703 | 0.718275 |
| 2018-11-14 | 0.113703 | 0.694582 |
| 2018-10-12 | 0.113703 | 0.687858 |
| 2018-09-13 | 0.113703 | 0.653466 |
| 2018-08-14 | 0.113703 | 0.650847 |
| 2018-07-13 | 0.113703 | 0.668448 |
| 2018-06-14 | 0.113703 | 0.658384 |
| 2018-05-14 | 0.113703 | 0.672401 |
| 2018-04-13 | 0.113703 | 0.677610 |
| 2018-03-14 | 0.113703 | 0.655727 |
| 2018-02-14 | 0.113703 | 0.654218 |
| 2017-12-28 | 0.241011 | 1.324964 |
| 2017-12-11 | 0.113703 | 0.628541 |
| 2017-11-14 | 0.113703 | 0.639140 |
| 2017-10-13 | 0.113703 | 0.615609 |
| 2017-09-14 | 0.113703 | 0.616611 |
| 2017-08-11 | 0.113703 | 0.633443 |
| 2017-07-12 | 0.113703 | 0.628541 |
| 2017-06-13 | 0.113703 | 0.635567 |
| 2017-05-11 | 0.113703 | 0.642753 |
| 2017-04-11 | 0.113703 | 0.646775 |
| 2017-03-13 | 0.113703 | 0.674795 |
| 2016-12-28 | 0.473275 | 2.891112 |
| 2016-12-08 | 0.113703 | 0.699280 |
| 2016-11-10 | 0.113703 | 0.714215 |
| 2016-10-12 | 0.113703 | 0.674395 |
| 2016-09-13 | 0.113703 | 0.687858 |
| 2016-08-11 | 0.113703 | 0.666489 |
| 2016-07-13 | 0.259475 | 1.545414 |
| 2016-06-13 | 0.113703 | 0.682491 |
| 2016-05-12 | 0.113703 | 0.697137 |
| 2016-04-13 | 0.113703 | 0.715563 |
| 2016-03-11 | 0.113703 | 0.733095 |
| 2016-02-11 | 0.113703 | 0.768264 |
| 2015-12-29 | 0.197279 | 1.258157 |
| 2015-12-10 | 0.113703 | 0.737374 |
| 2015-11-12 | 0.113703 | 0.721924 |
| 2015-10-13 | 0.113703 | 0.712425 |
| 2015-09-11 | 0.113703 | 0.712871 |
| 2015-08-12 | 0.113703 | 0.692467 |
| 2015-07-13 | 0.113703 | 0.675196 |
| 2015-06-11 | 0.113703 | 0.672401 |
| 2015-05-13 | 0.113703 | 0.652715 |
| 2015-04-13 | 0.113703 | 0.646775 |
| 2015-03-11 | 0.113703 | 0.653090 |
| 2015-02-11 | 0.113703 | 0.653090 |
| 2014-12-29 | 0.195335 | 1.153780 |
| 2014-12-10 | 0.113703 | 0.668841 |
| 2014-11-12 | 0.113703 | 0.640941 |
| 2014-10-10 | 0.113703 | 0.650103 |
| 2014-09-11 | 0.113703 | 0.631683 |
| 2014-08-13 | 0.113703 | 0.630283 |
| 2014-07-11 | 0.113703 | 0.620311 |
| 2014-06-12 | 0.113703 | 0.619297 |
| 2014-05-13 | 0.113703 | 0.616945 |
| 2014-04-11 | 0.113703 | 0.634149 |
| 2014-03-12 | 0.113703 | 0.639499 |
| 2014-02-12 | 0.113703 | 0.647511 |
| 2013-12-27 | 0.113703 | 0.663765 |
| 2013-12-11 | 0.113703 | 0.687443 |
| 2013-11-13 | 0.113703 | 0.684545 |
| 2013-10-11 | 0.113703 | 0.695006 |
| 2013-09-12 | 0.113703 | 0.704480 |
| 2013-08-13 | 0.113703 | 0.697137 |
| 2013-07-11 | 0.113703 | 0.685784 |
| 2013-06-12 | 0.113703 | 0.664930 |
| 2013-05-13 | 0.113703 | 0.598437 |
| 2013-04-18 | 0.113703 | 0.581304 |
| Attribute | Value |
|---|---|
| 52 Week Change | -0.11864406 |
| Address1 | 50 Hudson Yards |
| All Time High | 20.5 |
| All Time Low | 8.41 |
| Ask | 11.96 |
| Ask Size | 1,700 |
| Average Daily Volume10 Day | 447,830 |
| Average Daily Volume3 Month | 314,884 |
| Average Volume | 314,884 |
| Average Volume10Days | 447,830 |
| Bid | 11.9 |
| Bid Size | 6,000 |
| City | New York |
| Country | United States |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 11.96 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,786,665,600 |
| Day High | 11.98 |
| Day Low | 11.91 |
| Dividend Date | 1,546,992,000 |
| Dividend Rate | 1.48 |
| Dividend Yield | 12.41 |
| Earnings Timestamp End | 1,758,024,000 |
| Earnings Timestamp Start | 1,756,724,340 |
| Ebitda Margins | 0.0 |
| Eps Trailing Twelve Months | 1.06 |
| Esg Populated | 0 |
| Ex Dividend Date | 1,789,430,400 |
| Exchange | NYQ |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fax | 212 810 5801 |
| Fifty Day Average | 12.271 |
| Fifty Day Average Change | -0.31099987 |
| Fifty Day Average Change Percent | -0.025344297 |
| Fifty Two Week Change Percent | -11.864406 |
| Fifty Two Week High | 13.99 |
| Fifty Two Week High Change | -2.0299997 |
| Fifty Two Week High Change Percent | -0.14510363 |
| Fifty Two Week Low | 11.81 |
| Fifty Two Week Low Change | 0.14999962 |
| Fifty Two Week Low Change Percent | 0.012701068 |
| Fifty Two Week Range | 11.81 - 13.99 |
| First Trade Date Milliseconds | 1,361,889,000,000 |
| Five Year Avg Dividend Yield | 9.93 |
| Full Exchange Name | NYSE |
| Fullday Change | 0.0100002 |
| Fullday Change Percent | 0.0836839 |
| Fullday Price | 11.96 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Gross Margins | 0.0 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.0 |
| Held Percent Institutions | 0.31999 |
| Implied Shares Outstanding | 57,062,709 |
| Industry | Asset Management |
| Industry Disp | Asset Management |
| Industry Key | asset-management |
| Is Earnings Date Estimate | 1 |
| Language | en-US |
| Last Dividend Date | 1,786,665,600 |
| Last Dividend Value | 0.124 |
| Last Split Date | 1,755,561,600 |
| Last Split Factor | 1,029:1000 |
| Long Business Summary | BlackRock Multi-Sector Income Trust is a close ended fixed income mutual fund launched by BlackRock, Inc. It is co-managed by BlackRock Advisors, LLC and BlackRock (Singapore) Limited. The fund invests in fixed income markets. It invests primarily in loan and debt instruments and other investments with similar economic characteristic. BlackRock Multi-Sector Income Trust was formed on February 25, 2013 and is domiciled in the United States. |
| Long Name | BlackRock Multi-Sector Income Trust |
| Market | us_market |
| Market Cap | 682,470,016 |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_224802341 |
| Non Diluted Market Cap | 681,899,372 |
| Open | 11.98 |
| Operating Margins | 0.0 |
| Payout Ratio | 1.3798 |
| Phone | 212 810 5300 |
| Post Market Change | 0.0 |
| Post Market Change Percent | 0.0 |
| Post Market Price | 11.96 |
| Post Market Time | 1,787,960,694 |
| Previous Close | 11.95 |
| Price Hint | 2 |
| Profit Margins | 0.0 |
| Quote Source Name | Delayed Quote |
| Quote Type | EQUITY |
| Recommendation Key | none |
| Region | US |
| Regular Market Change | 0.0100002 |
| Regular Market Change Percent | 0.0836839 |
| Regular Market Day High | 11.98 |
| Regular Market Day Low | 11.91 |
| Regular Market Day Range | 11.91 - 11.98 |
| Regular Market Open | 11.98 |
| Regular Market Previous Close | 11.95 |
| Regular Market Price | 11.96 |
| Regular Market Time | 1,787,947,203 |
| Regular Market Volume | 334,851 |
| Sand P52 Week Change | 0.20204377 |
| Sector | Financial Services |
| Sector Disp | Financial Services |
| Sector Key | financial-services |
| Shares Outstanding | 57,062,709 |
| Shares Percent Shares Out | 0.0023 |
| Shares Short | 129,606 |
| Shares Short Previous Month Date | 1,784,073,600 |
| Shares Short Prior Month | 182,342 |
| Short Name | BlackRock Multi-Sector Income T |
| Short Percent Of Float | 0.0023 |
| Short Ratio | 0.41 |
| Source Interval | 15 |
| State | NY |
| Symbol | BIT |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Eps | 1.06 |
| Trailing P E | 11.283019 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 12.74275 |
| Two Hundred Day Average Change | -0.7827501 |
| Two Hundred Day Average Change Percent | -0.061427094 |
| Type Disp | Equity |
| Volume | 334,851 |
| Website | https://www.blackrock.com/investing/products/249839/blackrock-multisector-income-trust-fund |
| Zip | 10,001 |