Blackrock Credit Allocation Income Trust (BTZ) : Cleary Gull Holdings reduced its stake in Blackrock Credit Allocation Income Trust by 67.59% during the most recent quarter end. The investment management company now holds a total of 321,948 shares of Blackrock Credit Allocation Income Trust which is valued at $4,069,423 after selling 671,280 shares in Blackrock Credit Allocation Income Trust , the firm said in a disclosure report filed with the SEC on May 9, 2016.Blackrock Credit Allocation Income Trust makes up approximately 2.76% of Cleary Gull Holdings’s portfolio.
Other Hedge Funds, Including , Regis Management Co sold out all of its stake in BTZ during the most recent quarter. The investment firm sold 10,501 shares of BTZ which is valued $134,203.Oxbow Advisors boosted its stake in BTZ in the latest quarter, The investment management firm added 88,813 additional shares and now holds a total of 999,192 shares of Blackrock Credit Allocation Income Trust which is valued at $12,769,674. Blackrock Credit Allocation Income Trust makes up approx 1.77% of Oxbow Advisors’s portfolio. Sii Investments Incwi added BTZ to its portfolio by purchasing 11,586 company shares during the most recent quarter which is valued at $146,679. Blackrock Credit Allocation Income Trust makes up approx 0.01% of Sii Investments Incwi’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.