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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

Short-term:★☆☆☆☆Long-term:★☆☆☆☆Dividends:★☆☆☆☆
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 Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.010868
AutoARIMA0.014326
AutoETS0.014751
MSTL0.016508

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

Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
1.02% 11.63% 10.41% 9.95%
Dividend History
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
Additional Data
dividendRate 1.48
dividendYield 12.41
exDividendDate 2026-09-15
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0
lastDividendValue 0.124
lastDividendDate 2026-08-14
dividendDate 2019-01-09

Info Dump

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