BlackRock Credit Allocation Income Trust (BTZ) is a publicly traded company in the Financial Services sector, operating within the Asset Management - Income industry. The company is headquartered in New York City, NY, United States. The current CEO is Charles Choon Sik Park.
BTZ has IPO date of 2006-12-22, listed on the NYSE, a market capitalization of $979.91M.
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 is domiciled in the United States.
