PortfoliosLab logo
PortfoliosLab logo
​
Tools
Performance Analysis
Portfolio Analysis
Risk Analysis
Optimization
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Screeners
Discussions
BlackRock Credit Allocation Income Trust (BTZ)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

BlackRock Credit Allocation Income Trust (BTZ)

Equity · Currency in USD · Last updated Nov 13, 2024

Company Info

ISINUS0925081004
CUSIP092508100
SectorFinancial Services
IndustryAsset Management
IPO DateDec 22, 2006

Highlights

Market Cap$1.02B
EPS (TTM)$1.07
PE Ratio10.21
Total Revenue (TTM)$101.23M
Gross Profit (TTM)$90.45M
EBITDA (TTM)$131.56M
Year Range$8.86 - $11.21
Short %0.04%
Short Ratio0.16

Share Price Chart

Loading data...

Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Popular comparisons: BTZ vs. BCAT, BTZ vs. BIT, BTZ vs. BKT, BTZ vs. PHK, BTZ vs. FDFIX, BTZ vs. SRLN, BTZ vs. PDI, BTZ vs. PDO, BTZ vs. SVOL, BTZ vs. O

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in BlackRock Credit Allocation Income Trust, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.

0.00%5.00%10.00%15.00%JuneJulyAugustSeptemberOctoberNovember
9.41%
14.05%
BTZ (BlackRock Credit Allocation Income Trust)
Benchmark (^GSPC)

Returns By Period

BlackRock Credit Allocation Income Trust had a return of 14.37% year-to-date (YTD) and 26.11% in the last 12 months. Over the past 10 years, BlackRock Credit Allocation Income Trust had an annualized return of 5.69%, while the S&P 500 had an annualized return of 11.39%, indicating that BlackRock Credit Allocation Income Trust did not perform as well as the benchmark.

PeriodReturnBenchmark
Year-To-Date14.37%25.45%
1 month-1.14%2.91%
6 months9.41%14.05%
1 year26.11%35.64%
5 years (annualized)3.79%14.13%
10 years (annualized)5.69%11.39%

Monthly Returns

The table below presents the monthly returns of BTZ, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.

JanFebMarAprMayJunJulAugSepOctNovDecTotal
20246.84%-1.33%0.58%-4.56%5.49%1.92%1.90%2.44%3.23%-3.71%14.37%
202312.98%-4.58%-3.21%2.08%-0.06%-0.93%1.92%-0.15%-3.92%-3.92%9.64%3.84%12.78%
2022-9.24%-5.11%-1.82%-7.81%1.11%-4.89%7.99%-5.49%-12.20%4.15%9.30%-4.67%-27.11%
20211.50%-3.15%2.67%1.40%2.54%3.89%-0.50%-0.11%-0.64%1.09%-1.62%2.14%9.34%
20202.86%-4.18%-14.27%12.58%4.43%-1.83%7.94%-0.83%2.47%-2.30%8.16%0.19%13.25%
20197.33%1.73%2.79%2.72%-0.34%3.72%3.61%3.20%-0.32%0.11%0.91%4.12%33.62%
2018-2.63%-1.56%0.29%-0.50%-0.74%-1.89%1.22%2.45%-0.68%-3.70%0.14%-3.06%-10.31%
20170.62%2.08%-0.13%2.45%0.91%0.45%0.83%0.23%1.42%-1.05%-0.39%1.63%9.36%
2016-0.73%-2.19%5.86%1.73%1.55%2.48%2.51%3.68%-1.86%-3.07%-3.19%5.85%12.75%
20154.34%-0.15%1.21%1.19%-1.92%-3.41%-1.19%-1.54%0.66%3.63%-2.32%2.82%3.04%
2014-1.00%5.06%0.75%1.79%1.33%0.37%-1.61%1.49%-1.32%2.34%0.45%-3.27%6.29%
20132.48%0.56%0.07%3.57%-4.61%-4.55%-1.24%-1.75%5.49%0.10%-1.93%4.62%2.23%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current risk-adjusted rank of BTZ is 88, placing it in the top 12% of stocks on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.

The Risk-Adjusted Performance Rank of BTZ is 8888
Combined Rank
The Sharpe Ratio Rank of BTZ is 9393Sharpe Ratio Rank
The Sortino Ratio Rank of BTZ is 9393Sortino Ratio Rank
The Omega Ratio Rank of BTZ is 9292Omega Ratio Rank
The Calmar Ratio Rank of BTZ is 7272Calmar Ratio Rank
The Martin Ratio Rank of BTZ is 8787Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for BlackRock Credit Allocation Income Trust (BTZ) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.

BTZ
Sharpe ratio
The chart of Sharpe ratio for BTZ, currently valued at 2.57, compared to the broader market-4.00-2.000.002.004.002.57
Sortino ratio
The chart of Sortino ratio for BTZ, currently valued at 3.64, compared to the broader market-4.00-2.000.002.004.006.003.64
Omega ratio
The chart of Omega ratio for BTZ, currently valued at 1.49, compared to the broader market0.501.001.502.001.49
Calmar ratio
The chart of Calmar ratio for BTZ, currently valued at 0.98, compared to the broader market0.002.004.006.000.98
Martin ratio
The chart of Martin ratio for BTZ, currently valued at 10.44, compared to the broader market0.0010.0020.0030.0010.44
^GSPC
Sharpe ratio
The chart of Sharpe ratio for ^GSPC, currently valued at 2.90, compared to the broader market-4.00-2.000.002.004.002.90
Sortino ratio
The chart of Sortino ratio for ^GSPC, currently valued at 3.87, compared to the broader market-4.00-2.000.002.004.006.003.87
Omega ratio
The chart of Omega ratio for ^GSPC, currently valued at 1.54, compared to the broader market0.501.001.502.001.54
Calmar ratio
The chart of Calmar ratio for ^GSPC, currently valued at 4.19, compared to the broader market0.002.004.006.004.19
Martin ratio
The chart of Martin ratio for ^GSPC, currently valued at 18.72, compared to the broader market0.0010.0020.0030.0018.72

Sharpe Ratio

The current BlackRock Credit Allocation Income Trust Sharpe ratio is 2.57. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Use the chart below to compare the Sharpe ratio of BlackRock Credit Allocation Income Trust with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.

Rolling 12-month Sharpe Ratio1.001.502.002.503.003.50JuneJulyAugustSeptemberOctoberNovember
2.57
2.90
BTZ (BlackRock Credit Allocation Income Trust)
Benchmark (^GSPC)

Dividends

Dividend History

BlackRock Credit Allocation Income Trust provided a 9.23% dividend yield over the last twelve months, with an annual payout of $1.01 per share.

6.00%7.00%8.00%9.00%10.00%$0.00$0.20$0.40$0.60$0.80$1.0020132014201520162017201820192020202120222023
Dividends
Dividend Yield
PeriodTTM20232022202120202019201820172016201520142013
Dividend$1.01$1.01$0.92$1.01$1.01$0.87$0.80$0.84$0.90$0.97$0.97$0.96

Dividend yield

9.23%9.77%9.15%6.70%6.85%6.24%7.19%6.28%6.92%7.88%7.52%7.32%

Monthly Dividends

The table displays the monthly dividend distributions for BlackRock Credit Allocation Income Trust. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024$0.08$0.08$0.08$0.08$0.08$0.08$0.08$0.08$0.08$0.08$0.00$0.84
2023$0.08$0.08$0.08$0.08$0.08$0.08$0.08$0.08$0.08$0.08$0.08$0.08$1.01
2022$0.00$0.08$0.08$0.08$0.08$0.08$0.08$0.08$0.08$0.08$0.08$0.08$0.92
2021$0.00$0.08$0.08$0.08$0.08$0.08$0.08$0.08$0.08$0.08$0.08$0.17$1.01
2020$0.00$0.08$0.08$0.08$0.08$0.08$0.08$0.08$0.08$0.08$0.08$0.17$1.01
2019$0.00$0.07$0.07$0.07$0.07$0.07$0.07$0.07$0.07$0.08$0.08$0.17$0.87
2018$0.00$0.07$0.07$0.07$0.07$0.07$0.07$0.07$0.07$0.07$0.07$0.13$0.80
2017$0.00$0.07$0.07$0.07$0.07$0.07$0.07$0.07$0.07$0.07$0.07$0.13$0.84
2016$0.00$0.08$0.08$0.08$0.08$0.08$0.08$0.08$0.08$0.07$0.07$0.14$0.90
2015$0.00$0.08$0.08$0.08$0.08$0.08$0.08$0.08$0.08$0.08$0.08$0.16$0.97
2014$0.00$0.08$0.08$0.08$0.08$0.08$0.08$0.08$0.08$0.08$0.08$0.16$0.97
2013$0.08$0.08$0.08$0.08$0.08$0.08$0.08$0.08$0.08$0.08$0.16$0.96

Dividend Yield & Payout

Dividend Yield
5.0%10.0%15.0%9.2%
BlackRock Credit Allocation Income Trust has a dividend yield of 9.23%, which means its dividend payment is significantly above the market average.
Payout Ratio
200.0%400.0%600.0%94.1%
BlackRock Credit Allocation Income Trust has a payout ratio of 94.09%, which is above the market average. This might signify the company's strong earnings or financial health. However, it could also hint at a more mature business phase with potentially slower growth.

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

-15.00%-10.00%-5.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-7.70%
-0.29%
BTZ (BlackRock Credit Allocation Income Trust)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the BlackRock Credit Allocation Income Trust. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the BlackRock Credit Allocation Income Trust was 74.66%, occurring on Mar 9, 2009. Recovery took 897 trading sessions.

The current BlackRock Credit Allocation Income Trust drawdown is 7.70%.

Depth

Start

To Bottom

Bottom

To Recover

End

Total

-74.66%Dec 27, 2006552Mar 9, 2009897Sep 26, 20121449
-35.32%Feb 10, 202030Mar 23, 202092Aug 3, 2020122
-34.67%Jul 14, 2021318Oct 14, 2022———
-13.35%May 1, 201377Aug 19, 2013134Mar 3, 2014211
-12.11%Oct 5, 2017307Dec 24, 201861Mar 25, 2019368

Volatility

Volatility Chart

The current BlackRock Credit Allocation Income Trust volatility is 3.23%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.

1.00%2.00%3.00%4.00%5.00%6.00%JuneJulyAugustSeptemberOctoberNovember
3.23%
3.86%
BTZ (BlackRock Credit Allocation Income Trust)
Benchmark (^GSPC)

Financials

Financial Performance

The chart below illustrates the trends in the financial health of BlackRock Credit Allocation Income Trust over time, highlighting three key metrics: Total Revenue, Earnings Before Interest and Taxes (EBIT), and Net Income.
Annual
Quarterly
0.0

Valuation

The Valuation section provides an assessment of the market value of BlackRock Credit Allocation Income Trust compared to its peers in the Asset Management industry.

PE Ratio
100.0200.0300.0400.0500.010.2
The chart displays the price to earnings (P/E) ratio for BTZ in comparison to other companies of the Asset Management industry. Currently, BTZ has a PE value of 10.2. This PE ratio falls in the average range for the industry.
PEG Ratio
-4.0-2.00.02.04.00.0
The chart displays the price to earnings to growth (PEG) ratio for BTZ in comparison to other companies of the Asset Management industry. Currently, BTZ has a PEG value of 0.0. This PEG ratio is much higher than those of other companies of the industry. This might be an indicator of the company being overvalued.

Historical P/E Ratio Chart

The chart below displays the historical trend of the price-to-earnings (P/E) ratio for BlackRock Credit Allocation Income Trust.

Loading data...

Income Statement

Income Statement
Balance Sheet
Cash Flow
Annual
Quarterly
TTM
Revenue

Total Revenue

—

Cost Of Revenue

—

Gross Profit

—
Operating Expenses

Selling, General & Admin Expenses

—

R&D Expenses

—

Depreciation And Amortization

—

Total Operating Expenses

—
Income

Income Before Tax

—

Operating Income

—

EBITDA

—

EBIT

—

Earnings From Continuing Operations

—

Net Income

—

Income Tax Expense

—

Other Non-Operating Income (Expenses)

—

Extraordinary Items

—

Discontinued Operations

—

Effect Of Accounting Charges

—

Non Recurring

—

Minority Interest

—

Other Items

—

Interest Income

—

Interest Expense

—

Net Interest Income

—
Values in undefined except per share items