Blackrock Multi-sector Income Trust’s (NYSE:BIT) Sentiment is 1.94

June 18, 2018 - By Marguerite Chambers

Sentiment for Blackrock Multi-sector Income Trust (NYSE:BIT)

Blackrock Multi-sector Income Trust (NYSE:BIT) institutional sentiment increased to 1.94 in 2018 Q1. Its up 0.57, from 1.37 in 2017Q4. The ratio is better, as 31 hedge funds increased or opened new equity positions, while 16 trimmed and sold positions in Blackrock Multi-sector Income Trust. The hedge funds in our partner’s database now have: 8.86 million shares, up from 8.36 million shares in 2017Q4. Also, the number of hedge funds holding Blackrock Multi-sector Income Trust in their top 10 equity positions was flat from 0 to 0 for the same number . Sold All: 4 Reduced: 12 Increased: 19 New Position: 12.

BlackRock Multi-Sector Income Trust is a close ended fixed income mutual fund launched by BlackRock, Inc. The company has market cap of $. It is co-managed by BlackRock Advisors, LLC and BlackRock Limited. It currently has negative earnings. The fund invests in fixed income markets.

The stock increased 0.29% or $0.05 during the last trading session, reaching $17.19. About 92,644 shares traded. BlackRock Multi-Sector Income Trust (NYSE:BIT) has declined 4.10% since June 18, 2017 and is downtrending. It has underperformed by 16.67% the S&P500.

Shaker Financial Services Llc holds 1.9% of its portfolio in BlackRock Multi-Sector Income Trust for 234,454 shares. Rivernorth Capital Management Llc owns 836,494 shares or 1.04% of their US portfolio. Moreover, E&G Advisors Lp has 0.69% invested in the company for 95,278 shares. The Georgia-based Vident Investment Advisory Llc has invested 0.32% in the stock. Jaffetilchin Investment Partners Llc, a Florida-based fund reported 57,411 shares.

Another recent and important BlackRock Multi-Sector Income Trust (NYSE:BIT) news was published by Equitiesfocus.com which published an article titled: “Blackrock Multi-Sector Income Trust (NYSE:BIT) Holdings Trimmed by City of London Investment Management Co. Ltd.” on June 01, 2018.

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