BlackRock Credit Allocation Income Trust

BlackRock Credit Allocation Income Trustverified

BTZ

Price:

$11.0601

Market Cap:

$1.03B

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 ...[Read more]

Industry

Asset Management - Income

IPO Date

2006-12-22

Stock Exchange

NYSE

Ticker

BTZ

The PE Ratio as of September 2024 (TTM) for BlackRock Credit Allocation Income Trust (BTZ) is 10.34

According to BlackRock Credit Allocation Income Trust’s latest financial reports and current stock price. The company's current PE Ratio is 10.34. This represents a change of 44.90% compared to the average of 7.14 of the last 4 quarters.

BlackRock Credit Allocation Income Trust (BTZ) Historical PE Ratio (quarterly & annually)

How has BTZ PE Ratio performed in the past?

The mean historical PE Ratio of BlackRock Credit Allocation Income Trust over the last ten years is -13.93. The current 10.34 PE Ratio has changed -7521.57% with respect to the historical average. Over the past ten years (40 quarters), BTZ's PE Ratio was at its highest in in the September 2021 quarter at 461.55. The PE Ratio was at its lowest in in the March 2020 quarter at -414.65.

Quarterly (TTM)
Annual

Average

-13.93

Median

7.87

Minimum

-196.11

Maximum

37.34

BlackRock Credit Allocation Income Trust (BTZ) PE Ratio by Quarter and Year

Discovering the peaks and valleys of BlackRock Credit Allocation Income Trust PE Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 341.76%

Maximum Annual PE Ratio = 37.34

Minimum Annual Increase = -2045.05%

Minimum Annual PE Ratio = -196.11

Quarterly (TTM)
Annual
YearPE RatioChange
20237.29-316.06%
2022-3.37-109.03%
202137.34341.76%
20208.4525.70%
20196.72-120.66%
2018-32.56-368.56%
201712.1213.26%
201610.70-105.46%
2015-196.11-2045.05%
201410.08-57.05%

BlackRock Credit Allocation Income Trust (BTZ) Average PE Ratio

How has BTZ PE Ratio performed in the past?

The current PE Ratio of BlackRock Credit Allocation Income Trust (BTZ) is less than than its 3-year, less than than its 5-year, and greater than its 10-year historical averages

3-year avg

13.75

5-year avg

11.29

10-year avg

-13.93

BlackRock Credit Allocation Income Trust (BTZ) PE Ratio vs. Peers

How is BTZ’s PE Ratio compared to its peers?

BlackRock Credit Allocation Income Trust’s PE Ratio is less than PIMCO Corporate & Income Opportunity Fund (10.45), greater than PIMCO Income Strategy Fund (5.46), greater than PCM Fund Inc. (10.04), greater than PIMCO High Income Fund (6.37), less than DWS Municipal Income Trust (35.74), greater than Virtus Convertible & Income 2024 Target Term Fund (0), greater than BlackRock MuniHoldings Fund, Inc. (-1020.56), greater than Abrdn Emerging Markets Equity Income Fund Inc (2.66), greater than Brookfield Business Corporation (4.22), greater than BlackRock Limited Duration Income Trust (5.12), less than BlackRock Income Trust, Inc. (15.55), less than BlackRock Taxable Municipal Bond Trust (28.22), greater than BlackRock Enhanced International Dividend Trust (4.79), less than Federated Hermes Premier Municipal Income Fund (26.65), greater than BlackRock MuniYield Fund, Inc. (-7193.83), greater than Diamond Hill Investment Group, Inc. (10.31), less than NXG NextGen Infrastructure Income Fund (13.25), greater than Federated Hermes, Inc. (-0.11), less than DTF Tax-Free Income 2028 Term Fund Inc. (258.56), greater than BlackRock MuniYield Quality Fund, Inc. (-3034.63), greater than BlackRock Municipal Income Fund, Inc. (-843.83), less than BlackRock MuniHoldings Quality Fund II, Inc. (23.23),

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