| Business Summary | | BlackRock
Income
Trust
Inc.
(the
Trust)
is
a
diversified,
actively
managed
closed-end
bond
fund
whose
shares
are
traded
on
the
New
York
Stock
Exchange
under
the
symbol
BKT.
The
Trust's
investment
objective
is
to
provide
high
current
income
consistent
with
the
preservation
of
capital.
The
Trust
seeks
this
objective
by
investing
primarily
in
mortgage-backed
securities
backed
by
United
States
Government
agencies
(such
as
Fannie
Mae,
Freddie
Mac
or
Ginnie
Mae)
and,
to
a
lesser
extent,
United
States
Government
securities,
asset-backed
securities
and
privately
issued
mortgage-backed
securities. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | BlackRock
Income
Trust,
Inc.
is
a
diversified,
closed-end
bond
fund
with
investments
primarily
in
mortgage-back
securities
backed
by
U.S.
Government
agencies.
For
the
six
months
ended
4/30/01,
interest
income
totaled
$17.1
million.
Net
investment
income
totaled
$14.7
million.
Net
increase
in
net
assets
resulting
from
operations
totaled
$24.5
million.
Net
asset
value
per
share
rose
from
$7.23
on
10/31/00,
to
$7.34
on
4/30/01. | More
from
Market Guide: Significant
Developments |
| Officers | |
| Position | Laurence Fink, 47 | Chairman
and Chief Exec. Officers | Ralph Schlosstein, 49 | Pres | Scott Amero, 36 | VP | Keith Anderson, 40 | VP | Michael Huebsch, 41 | VP |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|