Relative Value Partners Group Lowers stake in Blackrock Credit Allocation Income Trust (BTZ)

Blackrock Credit Allocation Income Trust (BTZ) : Relative Value Partners Group reduced its stake in Blackrock Credit Allocation Income Trust by 4.31% during the most recent quarter end. The investment management company now holds a total of 3,673,031 shares of Blackrock Credit Allocation Income Trust which is valued at $49,292,076 after selling 165,270 shares in Blackrock Credit Allocation Income Trust , the firm said in a disclosure report filed with the SEC on Aug 15, 2016.Blackrock Credit Allocation Income Trust makes up approximately 5.72% of Relative Value Partners Group’s portfolio.

Other Hedge Funds, Including , Sunbelt Securities added BTZ to its portfolio by purchasing 2,840 company shares during the most recent quarter which is valued at $38,113. Blackrock Credit Allocation Income Trust makes up approx 0.04% of Sunbelt Securities’s portfolio.Point View Wealth Management boosted its stake in BTZ in the latest quarter, The investment management firm added 2,767 additional shares and now holds a total of 49,573 shares of Blackrock Credit Allocation Income Trust which is valued at $656,842. Blackrock Credit Allocation Income Trust makes up approx 0.39% of Point View Wealth Management’s portfolio.Commonwealth Equity Services Inc reduced its stake in BTZ by selling 3,864 shares or 3.44% in the most recent quarter. The Hedge Fund company now holds 108,506 shares of BTZ which is valued at $1,437,705. Blackrock Credit Allocation Income Trust makes up approx 0.01% of Commonwealth Equity Services Inc’s portfolio.Capital Investment Advisors boosted its stake in BTZ in the latest quarter, The investment management firm added 22,829 additional shares and now holds a total of 422,924 shares of Blackrock Credit Allocation Income Trust which is valued at $5,612,201. Blackrock Credit Allocation Income Trust makes up approx 0.51% of Capital Investment Advisors’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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