BIT: When Zero Duration Does Outperform

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Binary Tree Analytics


  • BIT is a fixed-income multi-sector closed-end fund from the BlackRock suite.
  • BIT is a rare CEF where management chose to take a view on interest rates and positioned the fund with a flat duration profile.
  • The fund has been able to spectacularly outperform its peers in the high-yield and multi-sector bond fund space in 2022.
  • This article covers CEFs from our suite of products - we focus on CEFs and yield-generating options strategies in a macro portfolio set-up, targeting overall yearly portfolio returns of 9%+.
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Klaus Vedfelt


BlackRock Multi-Sector Income Trust (NYSE:BIT) is a closed-end fund from the BlackRock suite. We wrote a couple of articles about the fund and its composition and in today's piece we are going to explore the fund's performance from the

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With a financial services cash and derivatives trading background, Binary Tree Analytics aims to provide transparency and analytics in respect to capital markets instruments and trades.We are reachable at BinaryTreeAnalytics@gmail.com_____________________________

Disclosure: I/we have a beneficial long position in the shares of BIT either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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