BIT Stock — Blackrock Multi Sector Income Closed Fund

Blackrock Multi Sector Income Closed Fund (BIT)

BIT is a Stock. its distribution rate is 12.89%, its trailing-12-month yield is 12.78%. Dividend Vision Distribution Safety Score™ is 73/100 (Generally safe). Total return is 101.7% over the past 13.6 years, 439.2 points behind SPY at 540.9%.

At the current 12.89% distribution rate, a $10,000 investment would generate approximately $1,289 per year, or $107.42 per month.

BIT performance versus SPY

Price and return data through 2026-09-18.

Total return is 101.7% over the past 13.6 years, 439.2 points behind SPY at 540.9%. Over the past year its total return — price change plus distributions reinvested — is -2.5%. Its deepest 1-year drawdown was 7.2%.

BIT key facts

Distribution Safety Score™

73 · Generally safe

Safety-Adjusted Yield

9.41%

Asset type

Stock

Asset class

Equity

Inception date

02/26/2013

Distribution rate

12.89%

Distribution frequency

Monthly

Trailing yield

12.78%

5-year average yield

10.14

Last close

$11.64 (as of 2026-09-18)

Market cap

$664,209,933

Average volume

395000.0

Next dividend

$0.1237

Next ex-dividend date

10/15/2026 (as of 2026-10-15)

Next payment date

10/30/2026 (as of 2026-10-30)

Beta

0.3901

Payout ratio

2.6623

P/E ratio

20.79

Forward P/E

0.0

EPS

$0.56

How Dividend Vision calculates yield and returns

Distribution rate (12.89%) is the latest regular payout annualized by the fund's stated frequency, divided by the last close. Issuers often publish this as “Distribution Rate” on the fact sheet. Trailing-12-month yield (12.78%) is the sum of distributions paid in the last 12 months, split-adjusted, divided by the last close. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

BIT risks and drawbacks

Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 7.2%.

Who may consider BIT — and who may not

It is a weaker fit for investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

Frequently asked questions