Blackrock Credit Allocation Income Trust (BTZ) : Lehman Financial Resources scooped up 2,063 additional shares in Blackrock Credit Allocation Income Trust during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 11, 2016. The investment management firm now holds a total of 315,737 shares of Blackrock Credit Allocation Income Trust which is valued at $4,237,191.Blackrock Credit Allocation Income Trust makes up approximately 2.12% of Lehman Financial Resources’s portfolio.
Other Hedge Funds, Including , Clear Harbor Asset Management reduced its stake in BTZ by selling 480 shares or 0.93% in the most recent quarter. The Hedge Fund company now holds 51,067 shares of BTZ which is valued at $676,638. Blackrock Credit Allocation Income Trust makes up approx 0.14% of Clear Harbor Asset Management’s portfolio.North Star Investment Management Corp. boosted its stake in BTZ in the latest quarter, The investment management firm added 28 additional shares and now holds a total of 1,592 shares of Blackrock Credit Allocation Income Trust which is valued at $20,998.
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.