Blackrock Multi Sector Income Closed Fund - Asset Resilience Ratio

Latest as of October 2024: 0.55%

Blackrock Multi Sector Income Closed Fund (BIT) has an Asset Resilience Ratio of 0.55% as of October 2024. The Asset Resilience Ratio measures the percentage of a company's total assets that are held in liquid form (cash and short-term investments). This metric indicates how well-positioned the company is to handle unexpected financial challenges, economic downturns, or strategic opportunities without requiring external financing. Read Blackrock Multi Sector Income Closed Fun balance sheet liabilities for a breakdown of total debt and financial obligations.

Liquid Assets

$5.20 Million
Cash + Short-term Investments

Total Assets

$949.25 Million
All company assets

Resilience Assessment

Low
Financial Resilience Level

Asset Resilience Ratio Trend (2016–2024)

This chart shows how Blackrock Multi Sector Income Closed Fund's Asset Resilience Ratio has changed over time. See BIT net asset value for net asset value and shareholders' equity analysis.

Liquid Assets Composition Over Time

This chart breaks down Blackrock Multi Sector Income Closed Fund's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. For market capitalisation and broader financial context, see Blackrock Multi Sector Income Closed Fun market cap and net worth.

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents $0.00 0%
Short-term Investments $5.20 Million 0.55%
Total Liquid Assets $5.20 Million 0.55%

Asset Resilience Insights

  • Limited Liquidity: Blackrock Multi Sector Income Closed Fund maintains only 0.55% of assets in liquid form.
  • This low level may indicate efficient asset utilization but could pose risks during economic downturns.
  • The company has significant short-term investments, indicating active treasury management.

Blackrock Multi Sector Income Closed Fund Industry Peers by Asset Resilience Ratio

Compare Blackrock Multi Sector Income Closed Fund's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
BlackRock Technology and Private Equity Term Trust
NYSE:BTX
Asset Management 5.59%
Sprott Physical Silver
TO:PSLV
Asset Management 99.90%
Groep Brussel Lambert NV
BR:GBLB
Asset Management 6.95%
Sprott Physical Gold and Silver Trust
TO:CEF
Asset Management 99.91%
Australian Foundation Investment Company Ltd
AU:AFI
Asset Management 0.00%
Argo Investments Ltd
AU:ARG
Asset Management 0.46%
Norte Grande
SN:NORTEGRAN
Asset Management 0.00%
Cuprum
SN:CUPRUM
Asset Management 5.84%

Annual Asset Resilience Ratio for Blackrock Multi Sector Income Closed Fund (2016–2024)

The table below shows the annual Asset Resilience Ratio data for Blackrock Multi Sector Income Closed Fund.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2024-10-31 0.55% $5.20 Million $949.25 Million -0.10pp
2023-10-31 0.65% $5.68 Million $872.84 Million -0.62pp
2022-10-31 1.27% $11.78 Million $927.76 Million -1.87pp
2021-10-31 3.14% $36.21 Million $1.15 Billion +1.48pp
2020-10-31 1.66% $17.58 Million $1.06 Billion +0.85pp
2019-10-31 0.81% $8.47 Million $1.04 Billion +0.63pp
2018-10-31 0.18% $2.07 Million $1.14 Billion +0.15pp
2017-10-31 0.03% $347.23K $1.27 Billion -0.50pp
2016-10-31 0.53% $6.32 Million $1.19 Billion --
pp = percentage points

About Blackrock Multi Sector Income Closed Fund

NYSE:BIT USA Asset Management
Market Cap
$562.42 Million
Market Cap Rank
#11929 Global
#2830 in USA
Share Price
$12.81
Change (1 day)
-0.08%
52-Week Range
$12.23 - $14.89
All Time High
$14.95
About

BlackRock Multi-Sector Income Trust is a close ended fixed income mutual fund launched by BlackRock, Inc. It is co-managed by BlackRock Advisors, LLC and BlackRock (Singapore) Limited. The fund invests in fixed income markets. It invests primarily in loan and debt instruments and other investments with similar economic characteristic. BlackRock Multi-Sector Income Trust was formed on February 25,… Read more