BlackRock Multi-Sector Income Trust (BIT)
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. BlackRock Multi-Sector Income Trust was formed on February 25, 2013 and is domiciled in the United States.
Industry: Asset Management
BlackRock Multi-Sector Income Trust
NYSE:BITFinancial Services · Asset Management
-0.09%$11.15
AH Close$11.15+0.00%vs close
AH Close$11.15+0.00%vs close
Mkt Cap$636.25M
Float57.06M
O/S57.06M
Inst Own31.5%
SI0.2%
Div Yield13.31%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$62.78M
Net Income$55.23M
Total Assets$1.14B
Free Cash Flow$27.64M
Debt & Equity
Debt 30%
Equity 70%
Total Debt$336.44M
Total Equity$793.82M
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in BIT's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$1.14B
Liabilities$349.11M
Accounts Receivable$16.05M
Accounts Payable$8.06M
Inventory$0
PP&E (Net)$0
Goodwill$0
Intangible Assets$0
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-10-31 | 2023-10-31 | 2022-10-31 | 2021-10-31 | 2020-10-31 | 2019-10-31 | 2018-10-31 | 2017-10-31 | 2016-10-31 | 2015-10-31 | 2014-10-31 | 2013-10-31 |
| Revenue | $62.78M | $56.36M | $28.97M | $56.84M | $75.24M | $29.03M | -$4.04M | $9.89M | $112.4M | $57.51M | $75.06M | $78.22M | $46.58M |
| YoY Growth | 11.4% | 94.5% | -49.0% | -24.5% | 159.2% | -818.9% | -140.8% | -91.2% | 95.4% | -23.4% | -4.0% | 67.9% | - |
| Cost of Revenue | $8.13M | $7.33M | $6.99M | $7.93M | $9.12M | $8.22M | $8.96M | $9.99M | $9.82M | $9.72M | $10.89M | $11.04M | $6.09M |
| Gross Profit | $54.66M | $49.03M | $21.98M | $48.91M | $66.12M | $20.82M | -$13M | -$97K | $102.58M | $47.79M | $64.16M | $67.18M | $40.49M |
| Gross Margin | 87.1% | 87.0% | 75.9% | 86.0% | 87.9% | 71.7% | 321.9% | -1.0% | 91.3% | 83.1% | 85.5% | 85.9% | 86.9% |
| Research and Development | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1 | $1 | $0 | $0 | $0 |
| Selling, General, and Administrative | $0 | $448K | $498K | $486K | $1.01M | $1.75M | $639K | $742K | $716K | $1 | $429K | $420K | $280K |
| Other | -$13.72M | $64K | $85K | $66K | $78K | $68.99M | $111K | $125K | $67K | $38.42M | $76K | $40K | $20K |
| Total Operating Expenses | -$13.72M | $512K | $582K | $552K | $1.08M | $70.73M | $750K | $866K | $783K | -$2.9M | $505K | $460K | $300K |
| Operating Income (EBIT) | $68.38M | $63.96M | $36.86M | -$64.9M | $69.83M | $75.4M | -$4.79M | $19.77M | $118.51M | $50.69M | $63.66M | $66.72M | $40.19M |
| Operating Margin | 108.9% | 113.5% | 127.2% | -114.2% | 92.8% | 259.7% | 118.6% | 199.9% | 105.4% | 88.1% | 84.8% | 85.3% | 86.3% |
| Interest Expense | $13.16M | $16.63M | $14.26M | $3.96M | $1.89M | $5M | $10.65M | $10.75M | $6.89M | $4.4M | -$43.55M | $22.54M | -$13.21M |
| Interest Income | $64.84M | $61.35M | $54.82M | $49.4M | $51.77M | $52.11M | $62.16M | $71.1M | $72.82M | $0 | $0 | $0 | $0 |
| Other Income (Expense) | -$13.14M | -$16.76M | -$14.13M | -$4.23M | -$1.9M | -$5.44M | $0 | -$622K | $13.56M | $12.13M | -$43.55M | $22.54M | -$13.21M |
| Income Before Tax (EBT) | $55.23M | $47.19M | $22.73M | -$69.13M | $67.93M | $69.96M | -$4.79M | $9.03M | $111.62M | $62.82M | $20.11M | $89.26M | $26.98M |
| Income Tax Expense | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$161K | -$53K | $0 | $0 | $0 | $0 |
| Net Income | $55.23M | $47.19M | $22.73M | -$69.13M | $67.93M | $69.96M | -$4.79M | $9.03M | $111.62M | $50.69M | $20.11M | $89.26M | $26.98M |
| Net Income Margin | 88.0% | 83.7% | 78.5% | -121.6% | 90.3% | 241.0% | 118.6% | 91.2% | 99.3% | 88.1% | 26.8% | 114.1% | 57.9% |
| Supplementary Data | |||||||||||||
| EPS | 1.06 | 1.19 | 0.60 | -1.84 | 1.75 | 1.86 | -0.10 | 0.25 | 2.93 | 1.32 | 0.52 | 2.32 | 0.70 |
| Diluted EPS | 1.06 | 1.19 | 0.60 | -1.84 | 1.75 | 1.86 | -0.10 | 0.25 | 2.93 | 1.32 | 0.52 | 2.32 | 0.70 |
| Weighted Average OS | 52.11M | 38.68M | 37.89M | 37.57M | 37.61M | 37.54M | 47.89M | 36.11M | 38.10M | 38.30M | 38.42M | 38.42M | 38.42M |
| EBITDA | $68.39M | $63.96M | $36.86M | -$64.68M | $70.06M | $75.4M | -$4.79M | $9.65M | $118.51M | $46.29M | -$23.45M | $111.8M | $13.77M |
| EBITDA Margin | 108.9% | 113.5% | 127.2% | -113.8% | 93.1% | 259.7% | 118.6% | 97.5% | 105.4% | 80.5% | -31.2% | 142.9% | 29.6% |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-10-31 | 2022-10-31 | 2021-10-31 | 2020-10-31 | 2019-10-31 | 2018-10-31 | 2017-10-31 | 2016-10-31 | 2015-10-31 | 2014-10-31 | 2013-10-31 |
| Assets | |||||||||||||
| Current Assets | |||||||||||||
| Cash and Cash Equivalents | $726K | $464K | $640K | $888K | $882K | $3.56M | $4K | $6.51M | $13.39M | $6.68M | $1.71M | $0 | $500K |
| Short-Term Investments | $5.03M | $5.2M | $5.68M | $11.78M | $36.21M | $17.58M | $0 | $2.07M | $347K | $6.32M | $0 | $0 | $0 |
| Cash and Short-Term Investments | $5.75M | $5.66M | $6.32M | $12.67M | $37.09M | $21.14M | $4K | $8.59M | $13.74M | $13.01M | $1.71M | $0 | $500K |
| Accounts Receivable | $16.05M | $21.45M | $26.23M | $31.41M | $17.73M | $11.69M | $15.66M | $29.75M | $24.01M | $24.57M | $0 | $0 | $0 |
| Inventory | $0 | $0 | $32.55M | $43.19M | $19.46M | $0 | $24.48M | $24.03M | $0 | $0 | $0 | $0 | $0 |
| Other Current Assets | -$3K | -$21.46M | -$32.55M | -$44.08M | -$20.35M | -$11.79M | -$13.98M | -$32.62M | -$37.75M | -$37.58M | $0 | $0 | $0 |
| Total Current Assets | $21.8M | $5.66M | $26.87M | $31.41M | $17.73M | $0 | $15.66M | $29.75M | $24.01M | $730K | $1.71M | $0 | $500K |
| Long-Term Assets | |||||||||||||
| Property, Plant & Equipment Net | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Goodwill | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $1.12B | $915.9M | $834.47M | $874.92M | $1.12B | $1.03B | $1.02B | $1.1B | $1.24B | $1.15B | $1.23B | $1.47B | $1.27B |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $6.03M | $0 | $0 | $0 | $0 | $0 | $0 | -$1.1B | -$1.24B | $6.63M | -$1.23B | -$1.47B | -$1.27B |
| Total Long-Term Assets | $1.12B | $915.9M | $834.47M | $874.92M | $1.12B | $1.03B | $1.02B | $1.1B | $1.24B | $1.15B | $1.23B | $100K | $1.27B |
| Other Assets | $0 | $27.68M | $11.5M | $21.43M | $19.3M | $1.06B | $7.19M | $13M | $11.87M | $37.31M | $37.33M | $1.5B | $22.7M |
| Total Assets | $1.14B | $949.25M | $872.84M | $927.76M | $1.15B | $1.06B | $1.04B | $1.14B | $1.27B | $1.19B | $1.27B | $1.5B | $1.29B |
| Liabilities | |||||||||||||
| Current Liabilities | |||||||||||||
| Accounts Payable | $8.06M | $12.66M | $47.16M | $55.74M | $68.51M | $16.64M | $6.3M | $35.71M | $13.44M | $0 | $29.37M | $3.3M | $7.2M |
| Short-Term Debt | $336.44M | $347.51M | $287.98M | $293.55M | $388.55M | $354.89M | $373.34M | $0 | $0 | $427.33M | $510.35M | $707.3M | $552M |
| Current Income Tax Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $0 | $0 | -$237.81M | -$320.03M | -$338.25M | -$367.04M | -$376.52M | -$471.17M | $6.64M | $0 | $0 | $0 |
| Other Current Liabilities | -$9.45M | -$348.76M | -$291.83M | -$57.69M | -$72.06M | -$36.18M | -$8.72M | $387.67M | $489.2M | $15.5M | $5.61M | $21.5M | $0 |
| Total Current Liabilities | $336.44M | $12.66M | $47.16M | $55.74M | $68.51M | $0 | $6.3M | $432.43M | $505.57M | $463.32M | $545.33M | $732.1M | $559.2M |
| Long-Term Liabilities | |||||||||||||
| Long-Term Debt | $0 | $347.48M | $285.63M | $293.52M | $386.9M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $12.67M | $11.25M | $19.23M | $0 | $0 | $0 | $0 | $0 | $0 | $14.04M | $0 | $0 | $0 |
| Total Long-Term Liabilities | $12.67M | $358.73M | $304.86M | $293.52M | $386.9M | $353.13M | $373.34M | $118K | $471.17M | $14.04M | $4.15M | $3.2M | $2.1M |
| Other Liabilities | $0 | $0 | $0 | $25.94M | $20.63M | $394.53M | $14.34M | $0 | -$471.17M | -$14.04M | -$4.15M | -$3.2M | $1.3M |
| Total Liabilities | $349.11M | $371.39M | $352.01M | $375.21M | $476.04M | $394.53M | $393.99M | $432.55M | $505.57M | $463.32M | $545.33M | $732.1M | $562.6M |
| Stockholders' Equity | |||||||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $845.51M | $642.59M | $635.17M | $655.89M | $670.15M | $682.76M | $701.18M | $715.88M | $723.43M | $727.78M | $727.78M | $727.8M | $727.8M |
| Retained Earnings | -$51.69M | -$64.73M | -$114.34M | -$103.34M | $6.24M | -$19.91M | -$52.56M | -$5.04M | -$3.32M | $2.29M | $718K | $11.9M | $900K |
| Comprehensive Income & Other | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $18.8M | $38.43M | -$3.69M | -$2.07M | $23.6M | -$800K |
| Other Stockholders' Equity | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $45.75M | -$3.69M | -$2.07M | $23.7M | -$800K |
| Total Equity | $793.82M | $577.86M | $520.82M | $552.55M | $676.39M | $662.85M | $648.62M | $710.83M | $765.86M | $726.38M | $726.43M | $763.4M | $727.9M |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $1.14B | $949.25M | $872.84M | $927.76M | $1.15B | $1.06B | $1.04B | $1.14B | $1.27B | $1.19B | $1.27B | $1.5B | $1.29B |
| Supplementary Data | |||||||||||||
| Total Debt | $336.44M | $347.48M | $287.98M | $293.52M | $386.9M | $353.13M | $373.34M | $376.52M | $471.17M | $427.33M | $510.35M | $707.3M | $552M |
| Net Debt | $335.71M | $347.02M | $287.34M | $292.64M | $386.01M | $353.03M | $373.34M | $370.01M | $457.78M | $420.65M | $508.64M | $707.3M | $551.5M |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-10-31 | 2022-10-31 | 2021-10-31 | 2020-10-31 | 2019-10-31 | 2018-10-31 | 2017-10-31 | 2016-10-31 | 2015-10-31 | 2014-10-31 | 2013-10-31 |
| Operating Activities | |||||||||||||
| Net Income | $55.23M | $47.19M | $22.73M | -$69.13M | $67.93M | $69.96M | -$4.79M | $9.03M | $111.62M | $62.82M | $20.11M | $89.26M | $26.98M |
| Depreciation & Amortization | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Deferred Income Tax | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | |||||||||||||
| Accounts Receivable | -$2.94M | -$619K | $419K | -$1.24M | $39K | $638K | $1.29M | $21K | -$2.36M | $239K | $0 | $0 | $0 |
| Inventory | $0 | $0 | $0 | -$54K | $59K | -$1.06M | $2.28M | -$2.15M | -$906K | $0 | $0 | $0 | $0 |
| Accounts Payable | $128K | $38K | -$155K | -$196K | $199K | -$33K | -$15K | -$65K | $86K | -$28K | -$26.07M | $3.9M | $0 |
| Other Working Capital | -$1.21M | -$1.48M | -$975K | -$641K | -$2.73M | -$65K | -$1.05M | -$1.58M | $290K | -$694K | $213.8M | -$124.6M | $0 |
| Total Working Capital Change | -$4.02M | -$2.06M | -$711K | -$2.13M | -$2.43M | -$516K | $2.5M | -$3.78M | -$1.99M | -$483K | $187.73M | -$120.7M | -$1.28B |
| Other Non-Cash Items | -$23.58M | -$75.85M | $28.26M | $223.49M | -$45.01M | $23.19M | $56.97M | $141.73M | -$67.78M | $1.59M | $32.85M | -$37.06M | $620K |
| Net Cash from Operating | $27.64M | -$30.72M | $50.29M | $152.23M | $20.48M | $92.63M | $54.68M | $146.98M | $41.85M | $64.13M | $240.69M | -$68.5M | -$1.25B |
| Investing Activities | |||||||||||||
| Capital Expenditures | $0 | $0 | $4 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Acquisitions | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Purchases of Investments | -$649.75M | -$1.26B | -$1.29B | -$1.05B | -$801.15M | -$1B | -$368.66M | -$422.57M | -$631.08M | -$613.24M | $0 | $0 | $0 |
| Sales of Investments | $466.71M | $1.19B | $1.31B | $1.08B | $798.39M | $1B | $403.23M | $518.39M | $619.36M | $681.31M | $0 | $0 | $0 |
| Other Investing Activities | $0 | -$6.65M | -$126K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Cash from Investing | -$183.04M | -$73.15M | $22.57M | $32.96M | -$2.76M | $1.46M | $34.57M | $95.82M | -$11.72M | $68.06M | $0 | $0 | $0 |
| Financing Activities | |||||||||||||
| Debt Repaid | - | -$62.5M | $5.25M | $96.25M | -$76K | $15.89M | $220K | -$134K | -$87K | - | - | - | - |
| Common Stock Issuance | $226.92M | $27.05M | $67K | $67K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock Repurchases | $0 | $0 | $0 | $0 | $0 | $0 | -$4.53M | -$5.84M | -$4.35M | $0 | $0 | $0 | $732.2M |
| Dividends Paid | -$65.96M | -$54.55M | -$54.53M | -$54.64M | -$54.58M | -$55.7M | -$52.9M | -$58.21M | -$67.81M | -$62.97M | -$56.94M | -$53.8M | -$31.2M |
| Other Financing Activities | $0 | -$63K | -$96K | $54K | $32.92M | $0 | -$7.64M | -$88.48M | $0 | -$65.53M | -$182.45M | $123.6M | $1.28B |
| Net Cash from Financing | $150.25M | $34.93M | -$59.85M | -$150.83M | -$21.58M | -$71.59M | -$65.28M | -$152.4M | -$35.08M | -$128.5M | -$239.39M | $69.8M | $1.25B |
| Forex Effect | $5.41M | $876K | $14.85M | $23.31M | -$21.31M | -$20.97M | $324K | -$332K | -$60K | $23K | $15K | $0 | $0 |
| Net Change in Cash | $262K | $4.19M | -$9.57M | $1.4M | -$905K | $1.52M | -$10.28M | -$5.75M | $6.71M | $4.97M | $1.31M | $1.3M | $500K |
| Supplementary Data | |||||||||||||
| Operating Cash Flow | $27.64M | -$30.72M | $50.29M | $152.23M | $20.48M | $83.59M | $54.68M | $146.98M | $41.85M | $64.13M | $240.69M | -$68.5M | -$1.25B |
| Capital Expenditure | $4 | $0 | $4 | $0 | $0 | -$4 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Free Cash Flow | $27.64M | -$30.72M | $50.29M | $152.23M | $20.48M | $83.59M | $54.68M | $146.98M | $41.85M | $64.13M | $240.69M | -$68.5M | -$1.25B |
| Cash at Beginning | $464K | $7.59M | $21.59M | $20.19M | $21.09M | $9.23M | $19.51M | $25.26M | $6.68M | $1.71M | $0 | $500K | $0 |
| Cash at End | $726K | $11.78M | $12.02M | $21.59M | $20.19M | $21.09M | $9.23M | $19.51M | $13.39M | $6.68M | $1.31M | $1.8M | $500K |