BlackRock Multi-Sector Income Trust (BIT)
| Previous Close | 15.13 |
| Open | 15.16 |
| Bid | 0.00 x 800 |
| Ask | 0.00 x 800 |
| Day's Range | 15.13 - 15.29 |
| 52 Week Range | 13.65 - 15.98 |
| Volume | |
| Avg. Volume | 87,211 |
| Market Cap | 577.527M |
| Beta (5Y Monthly) | N/A |
| PE Ratio (TTM) | ∞ |
| EPS (TTM) | 0.00 |
| Earnings Date | N/A |
| Forward Dividend & Yield | 1.48 (10.81%) |
| Ex-Dividend Date | Oct 13, 2023 |
| 1y Target Est | N/A |
- Yahoo Finance Video
Bitcoin rally: Should investors buy into reinvigorated crypto hype?
Bitcoin (BTC-USD) is one of the center focuses on Wall Street this week as the cryptocurrency hit a new all-time high above $72,000 per coin. While many investors are thrilled, some investors are cautious due to the extremely volatile nature of the asset. Mizuho Americas Senior Financial Technology Analyst Dan Dolev and Matt Ballensweig, BitGo Managing Director and Head of Go Network, joins Yahoo Finance to discuss how investors can take advantage of the recent bitcoin rally. Dolev actually starts by warning investors to stay away from crypto investing: "Let's talk about Coinbase (COIN) specifically, they are a take-rate business. And take rates are always bound to be a race to the bottom. And eventually, there's going to be more competition and they are already getting out pricing concessions. In January, they gave out a pricing concession for people who are trading 500,000 or above. So pricing pressure is starting and competition is heating up. So the fact that I don't believe in the underlying currency — bitcoin — that's one thing, but irrespective of that, I think Coinbase is that minus take-rate pressure and competition." Ballensweig explains his bullish stance on the digital asset: "Institutions are starting to pile in through the nine new bitcoin ETFs. And the flows really don't lie here, there is demand for BTC as an asset. BlackRock through the IBIT ETF (IBIT) did $2 billion in volume yesterday. In total, the ETFs now hold over $55 billion in just their first 60 days of trading. So the flows really don't lie here." For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Nicholas Jacobino
- Business Wire
BlackRock Closed-End Funds have Repurchased over $1 Billion of Shares since the Share Repurchase Program’s Inception
NEW YORK, October 10, 2023--BlackRock Advisors, LLC ("BlackRock") released today share repurchase activity for certain BlackRock-advised closed-end funds (the "Funds") during the quarter ended September 30, 2023. The Funds have authorized open market share repurchase programs (the "Repurchase Programs") pursuant to which each Fund may repurchase, through November 30, 2023, up to 5% of its outstanding common shares in open market transactions. The Repurchase Programs seek to enhance shareholder v
- Business Wire
Certain BlackRock Closed-End Funds Announce Estimated Sources of Distributions
NEW YORK, September 29, 2023--Today, BlackRock Resources & Commodities Strategy Trust (NYSE: BCX), BlackRock Enhanced Equity Dividend Trust (NYSE: BDJ), BlackRock Energy and Resources Trust (NYSE: BGR), BlackRock Enhanced International Dividend Trust (NYSE: BGY), BlackRock Health Sciences Trust (NYSE: BME), BlackRock Health Sciences Term Trust (NYSE: BMEZ), BlackRock Enhanced Global Dividend Trust (NYSE: BOE), BlackRock Utilities, Infrastructure & Power Opportunities Trust (NYSE: BUI), BlackRock
