Relative Value Partners Group Lowers stake in Blackrock Credit Allocation Income Trust (BTZ)

Blackrock Credit Allocation Income Trust (BTZ) : Relative Value Partners Group reduced its stake in Blackrock Credit Allocation Income Trust by 4.31% during the most recent quarter end. The investment management company now holds a total of 3,673,031 shares of Blackrock Credit Allocation Income Trust which is valued at $46.4 Million after selling 165,270 shares in Blackrock Credit Allocation Income Trust , the firm said in a disclosure report filed with the SEC on May 11, 2016.Blackrock Credit Allocation Income Trust makes up approximately 5.66% of Relative Value Partners Group’s portfolio.

Other Hedge Funds, Including , Provise Management Group boosted its stake in BTZ in the latest quarter, The investment management firm added 378 additional shares and now holds a total of 158,958 shares of Blackrock Credit Allocation Income Trust which is valued at $2 Million. Blackrock Credit Allocation Income Trust makes up approx 0.41% of Provise Management Group’s portfolio.Edgemoor Investment Advisors boosted its stake in BTZ in the latest quarter, The investment management firm added 94,267 additional shares and now holds a total of 664,252 shares of Blackrock Credit Allocation Income Trust which is valued at $8.4 Million. Blackrock Credit Allocation Income Trust makes up approx 1.33% of Edgemoor Investment Advisors’s portfolio.Stephens Inc Ar reduced its stake in BTZ by selling 783 shares or 2.1% in the most recent quarter. The Hedge Fund company now holds 36,499 shares of BTZ which is valued at $466,457. Blackrock Credit Allocation Income Trust makes up approx 0.02% of Stephens Inc Ar’s portfolio.

BlackRock Credit Allocation Income Trust is a non-diversified closed-end management investment company. The Trust’s 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 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. BlackRock Advisors LLC is the Trusts’ investment manager.

Leave a Reply

Blackrock Credit Allocation Income Trust - Is it time to Sell?

Top Brokerage Firms are advising their investors on Blackrock Credit Allocation Income Trust. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.