Blackrock Income Trust Inc (N:BKT)

Business Focus: Closed End Funds

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Sector: Financials	Industry: Closed End Funds

See Regulatory Filings on SEC

Company Contact

Address:	MUTUAL FUND DEPARTMENT 100 BELLEVUE PARKWAY WILMINGTON DE 19809
Tel:	N/A
Website:	N/A
IR:	N/A

Key People

John M. Perlowski President, Chief Executive Officer, Trustee	Trent W. Walker Chief Financial Officer	Charles C. S. Park Chief Compliance Officer
Jonathan Diorio Vice President	Jay M. Fife Treasurer	Janey Ahn Secretary

Business Overview

BlackRock Income Trust, Inc. (the Fund) is a diversified, closed-end management investment company. The Fund's investment objective is to manage a portfolio of high-quality securities to achieve both preservation of capital and high monthly income. The Fund seeks to achieve its investment objective by investing at least 65% of its assets in mortgage-backed securities. The Fund invests at least 80% of its assets in securities that are issued or guaranteed by the U.S. government or one of its agencies or instrumentalities or rated at the time of investment either AAA by S&P Global Ratings or Aaa by Moody's Investors Service, Inc. The Fund may invest directly in such securities or synthetically through the use of derivatives. The Fund invests in various sectors, including agency mortgages, United States government-related, securitized products, cash and/or derivatives and others. The Fund's manager is BlackRock Advisors, LLC.

Financial Overview

For the fiscal year ended 31 December 2023, Blackrock Income Trust Inc revenues increased 8% to $15.5M. Net income totaled $14.8M vs. loss of $59.8M. Revenues reflect Interest unaffiliated increase of 7% to $15.2M, Dividends affiliated increase from $130K to $356K. Net Income reflects Unrealized Invest increase from $67.6M (expense) to $24M (income), Professional decrease of 60% to $77K (expense).

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