Company
BlackRock Credit Allocation Income Trust
Headquarters: Wilmington, DE, United States
Market Cap
$993.0 Million
USD as of Jan. 1, 2025
BlackRock Credit Allocation Income Trust Categories
United States Financials Asset ManagementUnited States Financials United States Asset Management
Top Competitors by Market Capitalization
Industry: Asset Management
| Company | Market Cap (USD) |
|---|---|
| Blackstone | $225.01 B |
| BlackRock | $157.63 B |
| KKR & Co. Inc. | $97.78 B |
| Apollo Global Management, Inc. | $96.05 B |
| Brookfield Corporation | $87.47 B |
Sector:
| Company | Market Cap (USD) |
|---|---|
| Berkshire Hathaway | $991.39 B |
| JPMorgan | $744.02 B |
| Visa | $635.57 B |
| Mastercard | $490.32 B |
| Bank of America | $353.07 B |
Detailed Description
BlackRock Credit Allocation Income Trust is a closed ended balanced mutual fund launched by BlackRock, Inc. The fund is co-managed by BlackRock Advisors, LLC and BlackRock (Singapore) Limited. It invests in the fixed income markets across the globe. For the fixed income portion of the portfolio, the fund primarily invests in securities with an average credit quality of BBB by Standard & Poor's Corporation. It invests in investment grade corporate bonds, high yield bonds, bank loans, preferred securities or convertible bonds or derivatives. The fund was formerly known as BlackRock Preferred & Equity Advantage Trust. BlackRock Credit Allocation Income Trust was formed on December 27, 2006 and is domiciled in the United States.
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Financials
| Last Financial Reports Date | Dec. 31, 2019 |
| Revenue TTM | $107.6 M |
| EBITDA | $0 |
| Gross Profit TTM | $107.6 M |
| Profit Margin | 91.67% |
| Operating Margin | 89.84% |
| Quarterly Revenue Growth | 6.10% |
Stocks & Indices
BlackRock Credit Allocation Income Trust has the following listings and related stock indices.
Stock: NYSE: BTZ wb_incandescent