BTZ

The BlackRock Credit Allocation Income Trust (BTZ) is a closed-end, balanced investment vehicle originally launched by BlackRock, Inc. Its oversight is a joint responsibility of BlackRock Advisors, LLC and BlackRock (Singapore) Limited. The trust's investment strategy focuses on allocating capital within global fixed income markets. A key objective for its fixed income segment is maintaining an average credit quality of BBB, as rated by Standard & Poor's Corporation. The fund diversifies its holdings across various instruments, including investment-grade corporate bonds, high-yield debt, bank loans, preferred shares, convertible securities, and derivatives. Formed on December 27, 2006, and domiciled in the United States, it was formerly known as the BlackRock Preferred & Equity Advantage Trust.