Johnson Financial Group adds Blackrock Credit Allocation Income Trust (BTZ) to its portfolio

Blackrock Credit Allocation Income Trust (BTZ) : Johnson Financial Group added new position in Blackrock Credit Allocation Income Trust during the most recent quarter end. The investment management firm now holds 300,948 shares of Blackrock Credit Allocation Income Trust which is valued at $4,038,722 , the company said in a statement filed on Aug 12, 2016 with the SEC.Blackrock Credit Allocation Income Trust makes up approximately 0.54% of Johnson Financial Group’s portfolio.

Other Hedge Funds, Including , Bronfman E.l. Rothschild reduced its stake in BTZ by selling 271 shares or 12.44% in the most recent quarter. The Hedge Fund company now holds 1,908 shares of BTZ which is valued at $25,605.Lehman Financial Resources boosted its stake in BTZ in the latest quarter, The investment management firm added 2,063 additional shares and now holds a total of 315,737 shares of Blackrock Credit Allocation Income Trust which is valued at $4,237,191. Blackrock Credit Allocation Income Trust makes up approx 2.12% of Lehman Financial Resources’s portfolio.M&r Capital Management Inc reduced its stake in BTZ by selling 50 shares or 0.02% in the most recent quarter. The Hedge Fund company now holds 330,795 shares of BTZ which is valued at $4,439,269. Blackrock Credit Allocation Income Trust makes up approx 1.12% of M&r Capital Management Inc’s portfolio.Wedbush Securities Inc boosted its stake in BTZ in the latest quarter, The investment management firm added 7,503 additional shares and now holds a total of 59,184 shares of Blackrock Credit Allocation Income Trust which is valued at $783,596. Blackrock Credit Allocation Income Trust makes up approx 0.13% of Wedbush Securities 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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