BKT - BlackRock Income Trust

What this means for you

Sit Investment has told the regulator it may push for changes at this fund. That usually means asking the fund to buy back shares at close to the full value of its holdings, to change who runs it, or to close down and pay holders out.

Nothing is required of you now. If the fund itself announces a buy-back or a vote, it appears in the box above with the date by which you would need to act.

Large investors can also sell down and walk away. We show every notice they file, the day it is filed.

Email me if this changes

What happened, and when

1. Feb 13, 2026

   Karpus now owns 5.8%, as a passive investor.

   Original document →

2. Nov 26, 2025

   The fund said it may sell new shares.

   Original document →

3. Sept 30, 2025

   The fund offered holders the right to buy more shares, until Oct 20, 2025.

   Original document →

4. Sept 17, 2025

   The fund said it may sell new shares.

   Original document →

5. June 20, 2025

   The fund said it may sell new shares.

   Original document →

About this fund

• Run by BlackRock Advisors, LLC. Part of the BlackRock-advised Funds fund family. As of Dec 31, 2025, from the fund's yearly report. Original document →
• Size: about $357 million of holdings, as of June 30, 2026. As of June 30, 2026, from the fund's quarterly holdings report. Original document →
• Borrowing: the fund borrows about 33% on top of its own money, as of June 30, 2026. Borrowed money makes gains and losses bigger. As of June 30, 2026, from the fund's quarterly holdings report. Original document →
• Costs: 0.7% a year in management fees; 2% a year in total, including interest on borrowed money. Fiscal year ended Dec 31, 2025. As of Dec 31, 2025, from the fund's yearly report. Original document →
• Payouts: last fiscal year (ended Dec 31, 2025) the fund paid $1.06 a share. $0.43 of that was income; $0.63 was your own money back, not income. As of Dec 31, 2025, from the fund's annual report. Original document →
• Value of holdings per share at the last fiscal year end (Dec 31, 2025): $11.51. The shares traded at $11.04, about 4.1% below that. As of Dec 31, 2025, from the fund's yearly report. Original document →
  Over the last two years the gap ranged from 6.1% below to 1.1% below. As of Dec 31, 2025, from the fund's annual report. Original document →
• How the holdings did: up 0.6% over the last three months we have (April-June 2026), before the share price is taken into account. Over the last 12 months: +1.9%. As of June 30, 2026, from the fund's quarterly holdings report. Original document →
• How the holdings did over the fiscal year (ended Dec 31, 2025): the value of the holdings returned +6.8%. How the share price did: the shares returned +5% over the same year, counting payouts and the change in the market price. As of Dec 31, 2025, from the fund's annual report. Original document →
• First reported to the regulator in 1994.

What the fund holds

Mostly mortgage bonds (95%), the rest bonds. About 100% issued in the U.S.

1. Umbs, TBA, Uniform Mortgage-Backed Security, TBA - 11.1%
2. Fannie Mae REMICS - 12%
3. Fannie Mae Pool - 22.2%
4. Freddie Mac REMICS - 8.7%
5. Rfc Principal Strip, Resolution Funding Corp Principal Strip - 3.1%
6. Government National Mortgage Association - 8.7%
7. Freddie Mac Pool - 4.3%

As of June 30, 2026, from the fund's quarterly holdings report. Original document →