News stories about Blackrock Multi-Sector Income Trust (NYSE:BIT) have been trending somewhat positive on Tuesday, Accern Sentiment reports. The research group identifies negative and positive press coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Blackrock Multi-Sector Income Trust earned a daily sentiment score of 0.17 on Accern’s scale. Accern also assigned media headlines about the investment management company an impact score of 46.9519972328141 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
BIT traded up $0.02 during trading hours on Tuesday, hitting $17.09. The stock had a trading volume of 93,794 shares, compared to its average volume of 128,325. Blackrock Multi-Sector Income Trust has a 1 year low of $16.56 and a 1 year high of $18.77.
The company also recently disclosed a monthly dividend, which will be paid on Friday, June 29th. Investors of record on Friday, June 15th will be issued a $0.1167 dividend. This represents a $1.40 annualized dividend and a yield of 8.19%. The ex-dividend date of this dividend is Thursday, June 14th.
Blackrock Multi-Sector Income Trust Company Profile
BlackRock Multi-Sector Income Trust is a close ended fixed income mutual fund launched by BlackRock, Inc It is co-managed by BlackRock Advisors, LLC and BlackRock (Singapore) Limited. The fund invests in fixed income markets. It invests primarily in loan and debt instruments and other investments with similar economic characteristic.
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