Blackrock Credit Allocation Income Trust (BTZ) : Eos Management has sold out all of its stake in Blackrock Credit Allocation Income Trust during the most recent quarter, according to the disclosure filed by the company on Aug 9, 2016 with the SEC. The investment management company has sold out 3,552 shares of Blackrock Credit Allocation Income Trust which is valued at $47,455.
Other Hedge Funds, Including , Cottage Street Advisors reduced its stake in BTZ by selling 5,627 shares or 29.88% in the most recent quarter. The Hedge Fund company now holds 13,205 shares of BTZ which is valued at $174,438. Blackrock Credit Allocation Income Trust makes up approx 0.14% of Cottage Street Advisors’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.