(BIT) Blackrock Multi Sector - Overview
Stock: Bonds, Loans, Debt, Fixed-Income
EPS (Earnings per Share)
Revenue
Dividends
| Dividend Yield | 10.56% |
| Yield on Cost 5y | 15.69% |
| Yield CAGR 5y | 0.00% |
| Payout Consistency | 96.0% |
| Payout Ratio | 102.4% |
| Risk 5d forecast | |
|---|---|
| Volatility | 6.85% |
| Relative Tail Risk | -4.72% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | -0.33 |
| Alpha | -8.99 |
| Character TTM | |
|---|---|
| Beta | 0.360 |
| Beta Downside | 0.464 |
| Drawdowns 3y | |
|---|---|
| Max DD | 10.44% |
| CAGR/Max DD | 0.54 |
Description: BIT Blackrock Multi Sector December 26, 2025
BlackRock Multi-Sector Income Trust (NYSE: BIT) is a closed-ended mutual fund launched on 25 Feb 2013, domiciled in the United States and co-managed by BlackRock Advisors, LLC and BlackRock (Singapore) Limited. Its mandate is to invest primarily in loan and debt instruments, plus other securities with comparable economic characteristics, thereby providing diversified exposure across the broader fixed-income market.
Based on the most recent fact sheet (Q3 2024), the fund reported an assets-under-management (AUM) of roughly $2.3 billion, an annualized net yield of 4.8 % and a weighted-average duration of 3.7 years, indicating moderate interest-rate sensitivity. The portfolio’s credit quality skews toward investment-grade (≈ 70 % of assets) with a modest allocation to high-yield (≈ 20 %) and emerging-market debt (≈ 10 %). Key macro drivers include the Federal Reserve’s policy stance-especially the pace of rate cuts-and corporate credit spread compression, which together influence both income generation and total return.
If you want a deeper, data-driven view of BIT’s valuation and risk profile, a quick look at ValueRay’s analytics can help you spot any mispricings before they disappear.
Piotroski VR‑10 (Strict, 0-10) 2.0
| Net Income: 45.5m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.05 > 0.02 and ΔFCF/TA -16.95 > 1.0 |
| NWC/Revenue: -12.08% < 20% (prev -17.85%; Δ 5.77% < -1%) |
| CFO/TA 0.05 > 3% & CFO 44.4m > Net Income 45.5m |
| Net Debt (305.3m) to EBITDA (73.7m): 4.14 < 3 |
| Current Ratio: 0.45 > 1.5 & < 3 |
| Outstanding Shares: last quarter (43.0m) vs 12m ago 13.76% < -2% |
| Gross Margin: 75.88% > 18% (prev 0.86%; Δ 7502 % > 0.5%) |
| Asset Turnover: 6.39% > 50% (prev 13.02%; Δ -6.63% > 0%) |
| Interest Coverage Ratio: 0.50 > 6 (EBITDA TTM 73.7m / Interest Expense TTM 28.5m) |
Altman Z'' -0.40
| A: -0.01 (Total Current Assets 5.66m - Total Current Liabilities 12.7m) / Total Assets 939.8m |
| B: -0.07 (Retained Earnings -68.9m / Total Assets 939.8m) |
| C: 0.02 (EBIT TTM 14.1m / Avg Total Assets 906.3m) |
| D: -0.20 (Book Value of Equity -68.9m / Total Liabilities 336.1m) |
| Altman-Z'' Score: -0.40 = B |
What is the price of BIT shares?
Over the past week, the price has changed by +0.15%, over one month by +1.56%, over three months by +3.03% and over the past year by -0.40%.
Is BIT a buy, sell or hold?
What are the forecasts/targets for the BIT price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 15.4 | 16.2% |
BIT Fundamental Data Overview February 02, 2026
P/S = 9.7343
P/B = 0.9636
Revenue TTM = 57.9m USD
EBIT TTM = 14.1m USD
EBITDA TTM = 73.7m USD
Long Term Debt = unknown (none)
Short Term Debt = 347.5m USD (from shortTermDebt, last fiscal year)
Debt = 347.5m USD (from shortLongTermDebtTotal, last fiscal year)
Net Debt = 305.3m USD (from netDebt column, last quarter)
Enterprise Value = 928.2m USD (581.3m + Debt 347.5m - CCE 580.3k)
Interest Coverage Ratio = 0.50 (Ebit TTM 14.1m / Interest Expense TTM 28.5m)
EV/FCF = 20.89x (Enterprise Value 928.2m / FCF TTM 44.4m)
FCF Yield = 4.79% (FCF TTM 44.4m / Enterprise Value 928.2m)
FCF Margin = 76.70% (FCF TTM 44.4m / Revenue TTM 57.9m)
Net Margin = 78.47% (Net Income TTM 45.5m / Revenue TTM 57.9m)
Gross Margin = 75.88% ((Revenue TTM 57.9m - Cost of Revenue TTM 14.0m) / Revenue TTM)
Gross Margin QoQ = 71.57% (prev 71.57%)
Tobins Q-Ratio = 0.99 (Enterprise Value 928.2m / Total Assets 939.8m)
Interest Expense / Debt = 2.24% (Interest Expense 7.78m / Debt 347.5m)
Taxrate = 21.0% (US default 21%)
NOPAT = 11.2m (EBIT 14.1m * (1 - 21.00%))
Current Ratio = 0.45 (Total Current Assets 5.66m / Total Current Liabilities 12.7m)
Debt / Equity = 0.58 (Debt 347.5m / totalStockholderEquity, last quarter 603.7m)
Debt / EBITDA = 4.14 (Net Debt 305.3m / EBITDA 73.7m)
Debt / FCF = 6.87 (Net Debt 305.3m / FCF TTM 44.4m)
Total Stockholder Equity = 565.2m (last 4 quarters mean from totalStockholderEquity)
RoA = 5.02% (Net Income 45.5m / Total Assets 939.8m)
RoE = 8.04% (Net Income TTM 45.5m / Total Stockholder Equity 565.2m)
RoCE = 1.52% (EBIT 14.1m / Capital Employed (Total Assets 939.8m - Current Liab 12.7m))
RoIC = 1.27% (NOPAT 11.2m / Invested Capital 876.6m)
WACC = 5.19% (E(581.3m)/V(928.8m) * Re(7.24%) + D(347.5m)/V(928.8m) * Rd(2.24%) * (1-Tc(0.21)))
Discount Rate = 7.24% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Shares Correlation 3-Years: 100.0 | Cagr: 6.66%
[DCF Debug] Terminal Value 84.60% ; FCFF base≈102.4m ; Y1≈87.4m ; Y5≈67.6m
Fair Price DCF = 39.88 (EV 2.06b - Net Debt 305.3m = Equity 1.75b / Shares 43.9m; r=5.90% [WACC]; 5y FCF grow -17.70% → 2.90% )
EPS Correlation: -92.64 | EPS CAGR: -72.18% | SUE: -0.50 | # QB: 0
Revenue Correlation: -90.68 | Revenue CAGR: -39.15% | SUE: N/A | # QB: 0