BLACKROCK CREDIT ALLOCATION (BTZ) Stock Price, Forecast & Analysis

Can you describe the business of BLACKROCK CREDIT ALLOCATION?

BlackRock Credit Allocation Income Trust is a US-based company operating in industry. The company is headquartered in Wilmington, Delaware. The company went IPO on 2006-12-22. BlackRock Credit Allocation Income Trust (the Trust) is a diversified, closed-end management investment company. The Trust's investment objective is to provide current income, current gains and capital appreciation. The Trust seeks to achieve its investment objective by investing, under normal market conditions, at least 80% of its assets in credit-related securities, including, but not limited to, investment grade corporate bonds, high yield bonds (junk bonds), bank loans, preferred securities or convertible bonds or derivatives with economic characteristics similar to these credit-related securities. The Trust may invest directly in such securities or synthetically through the use of derivatives. The Trust has investment in various sectors, such as aerospace and defense, automobile components, banks, consumer finance, beverages, and chemicals, among others. The Trust's manager is BlackRock Advisors, LLC.

Can you provide the latest stock price for BLACKROCK CREDIT ALLOCATION?

The current stock price of BTZ is 11.02 USD.

How is the ChartMill rating for BLACKROCK CREDIT ALLOCATION?

BTZ has a ChartMill Technical rating of 3 out of 10 and a ChartMill Fundamental rating of 2 out of 10.