Provise Management Group buys $2,344,499 stake in Blackrock Credit Allocation Income Trust (BTZ)

Blackrock Credit Allocation Income Trust (BTZ) : Provise Management Group scooped up 18,119 additional shares in Blackrock Credit Allocation Income Trust during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 2, 2016. The investment management firm now holds a total of 177,077 shares of Blackrock Credit Allocation Income Trust which is valued at $2,344,499.Blackrock Credit Allocation Income Trust makes up approximately 0.42% of Provise Management Group’s portfolio.

Other Hedge Funds, Including , Ifc Holdings Incorporatedfl reduced its stake in BTZ by selling 789 shares or 6.97% in the most recent quarter. The Hedge Fund company now holds 10,529 shares of BTZ which is valued at $139,404. Blackrock Credit Allocation Income Trust makes up approx 0.02% of Ifc Holdings Incorporatedfl’s portfolio.Financial Investment Management Group Ltd reduced its stake in BTZ by selling 13,426 shares or 10.13% in the most recent quarter. The Hedge Fund company now holds 119,070 shares of BTZ which is valued at $1,580,059. Blackrock Credit Allocation Income Trust makes up approx 0.45% of Financial Investment Management Group Ltd’s portfolio.Msi Financial Services Inc boosted its stake in BTZ in the latest quarter, The investment management firm added 239 additional shares and now holds a total of 17,443 shares of Blackrock Credit Allocation Income Trust which is valued at $230,422. Blackrock Credit Allocation Income Trust makes up approx 0.01% of Msi Financial Services Inc’s portfolio.

BlackRock Credit Allocation Income Trust is a non-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 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. BlackRock Advisors LLC is the Trusts’ investment manager.

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