BlackRock Income Trust Inc. (The) (BKT)

FairStock Score: 54/100 — MIXED

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

I look at BlackRock Income Trust as a closed-end fixed income pool, not an operating business. It owns U.S. government agency securities, non-agency mortgage-backed securities, asset-backed securities, and Treasury obligations. Its attraction is income: at the 2026-10-13 close of $9.56, the dividend yield is 10.87%, beta is only 0.50, and debt-to-equity is a modest 0.36. The market cap is $346.2M. Valuation cuts both ways. The FairStock P/B is 0.87, so it trades below book, and the Graham Number of $13.97 gives a 31.57% margin of safety—a classic Graham signal. But the FairStock P/E is 25.84, ROE is just 3.74%, and ROCE is 1.70%, meaning earnings power is thin. The Piotroski F-Score of 1/9 and Altman Z-Score of 0.44 are weak, though Altman is not built for a fund. The moat is limited: BlackRock's brand and scale help, but the fund cannot set prices and its destiny is tied to fixed income markets. Growth trajectory is unclear: revenue and profit growth are not available, and the Lynch category is none because there are 0 years of filed results. The price sits near the 52-week low of $9.42, so sentiment is poor. I would call this a cheap-looking bond fund with high current income, but not a high-quality compounder.

In plain English: BlackRock Income Trust is a closed-end fund that invests in U.S. government agency, mortgage, and asset-backed bonds. It offers a very high income stream, and its share price is below its book value and below a conservative value estimate. However, its profits are thin and several financial-strength checks are weak, so it looks more like a high-yield bond fund near its low than a strong, growing business.

The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.

Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer