Blackrock Multi Sector Income Closed Fund (BIT) - Net Assets
Based on the latest financial reports, Blackrock Multi Sector Income Closed Fund (BIT) has net assets worth $793.82 Million USD as of October 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.14 Billion) and total liabilities ($349.11 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Blackrock Multi Sector Income Closed Fun (BIT) tangible net worth to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $793.82 Million |
| % of Total Assets | 69.45% |
| Annual Growth Rate | 0.73% |
| 5-Year Change | 17.36% |
| 10-Year Change | 9.28% |
| Growth Volatility | 13.14 |
Blackrock Multi Sector Income Closed Fund - Net Assets Trend (2013–2025)
This chart illustrates how Blackrock Multi Sector Income Closed Fund's net assets have evolved over time, based on quarterly financial data. See Blackrock Multi Sector Income Closed Fun defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Blackrock Multi Sector Income Closed Fund (2013–2025)
The table below shows the annual net assets of Blackrock Multi Sector Income Closed Fund from 2013 to 2025. For live valuation and market cap data, see BIT company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-10-31 | $793.82 Million | +37.37% |
| 2024-10-31 | $577.86 Million | +10.95% |
| 2023-10-31 | $520.82 Million | -5.74% |
| 2022-10-31 | $552.55 Million | -18.31% |
| 2021-10-31 | $676.39 Million | +2.04% |
| 2020-10-31 | $662.85 Million | +2.19% |
| 2019-10-31 | $648.62 Million | -8.75% |
| 2018-10-31 | $710.83 Million | -7.19% |
| 2017-10-31 | $765.86 Million | +5.43% |
| 2016-10-31 | $726.38 Million | -0.01% |
| 2015-10-31 | $726.43 Million | -4.84% |
| 2014-10-31 | $763.40 Million | +4.88% |
| 2013-10-31 | $727.90 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Blackrock Multi Sector Income Closed Fund's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 5843.2% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (October 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $845.51 Million | 106.51% |
| Total Equity | $793.82 Million | 100.00% |
Blackrock Multi Sector Income Closed Fund Competitors by Market Cap
The table below lists competitors of Blackrock Multi Sector Income Closed Fund ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Norva24 Group AB
ST:NORVA
|
$704.30 Million |
|
Vor Biopharma Inc
NASDAQ:VOR
|
$704.42 Million |
|
Frontera Energy Corp
TO:FEC
|
$704.44 Million |
|
Anhui Sierte Fertilizer Industry Ltd Co
SHE:002538
|
$704.45 Million |
|
Metalla Royalty & Streaming Ltd
V:MTA
|
$703.72 Million |
|
Energy Absolute Public Company Limited
BK:EA
|
$703.72 Million |
|
Criteo S.A
F:CI5A
|
$703.42 Million |
|
Hemnet Group AB
ST:HEM
|
$703.32 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Blackrock Multi Sector Income Closed Fund's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 577,855,898 to 793,822,490, a change of 215,966,592 (37.4%).
- Net income of 55,234,689 contributed positively to equity growth.
- Dividend payments of 65,961,647 reduced retained earnings.
- New share issuances of 226,918,871 increased equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $55.23 Million | +6.96% |
| Dividends Paid | $65.96 Million | -8.31% |
| Share Issuances | $226.92 Million | +28.59% |
| Other Changes | $-225.32K | -0.03% |
| Total Change | $- | 37.37% |
Book Value vs Market Value Analysis
This analysis compares Blackrock Multi Sector Income Closed Fund's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.81x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has increased from 0.65x to 0.81x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-10-31 | $18.95 | $12.34 | x |
| 2014-10-31 | $19.87 | $12.34 | x |
| 2015-10-31 | $18.91 | $12.34 | x |
| 2016-10-31 | $18.97 | $12.34 | x |
| 2017-10-31 | $20.10 | $12.34 | x |
| 2018-10-31 | $19.69 | $12.34 | x |
| 2019-10-31 | $13.54 | $12.34 | x |
| 2020-10-31 | $17.62 | $12.34 | x |
| 2021-10-31 | $17.92 | $12.34 | x |
| 2022-10-31 | $14.69 | $12.34 | x |
| 2023-10-31 | $13.75 | $12.34 | x |
| 2024-10-31 | $14.94 | $12.34 | x |
| 2025-10-31 | $15.23 | $12.34 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Blackrock Multi Sector Income Closed Fund utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 6.96%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 87.98%
- • Asset Turnover: 0.05x
- • Equity Multiplier: 1.44x
- Recent ROE (6.96%) is above the historical average (5.22%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 3.71% | 57.92% | 0.04x | 1.77x | $-45.81 Million |
| 2014 | 11.69% | 114.11% | 0.05x | 1.96x | $12.92 Million |
| 2015 | 2.77% | 26.79% | 0.06x | 1.75x | $-52.54 Million |
| 2016 | 6.98% | 88.14% | 0.05x | 1.64x | $-21.94 Million |
| 2017 | 14.57% | 99.30% | 0.09x | 1.66x | $35.03 Million |
| 2018 | 1.27% | 91.24% | 0.01x | 1.61x | $-62.06 Million |
| 2019 | -0.74% | 0.00% | 0.00x | 1.61x | $-69.65 Million |
| 2020 | 10.55% | 98.90% | 0.07x | 1.60x | $3.67 Million |
| 2021 | 10.04% | 98.43% | 0.06x | 1.70x | $290.30K |
| 2022 | -12.51% | 0.00% | -0.07x | 1.68x | $-124.39 Million |
| 2023 | 4.37% | 97.50% | 0.03x | 1.68x | $-29.35 Million |
| 2024 | 8.17% | 83.73% | 0.06x | 1.64x | $-10.59 Million |
| 2025 | 6.96% | 87.98% | 0.05x | 1.44x | $-24.15 Million |
Industry Comparison
This section compares Blackrock Multi Sector Income Closed Fund's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $1,830,051,427
- Average return on equity (ROE) among peers: -2.68%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Blackrock Multi Sector Income Closed Fund (BIT) | $793.82 Million | 3.71% | 0.44x | $704.15 Million |
| Acadian Asset Management Inc (AAMI) | $2.43 Billion | 0.12% | 2.51x | $1.86 Billion |
| AllianceBernstein Holding L.P. (AB) | $381.33 Million | 35.01% | 0.36x | $3.27 Billion |
| Associated Capital Group Inc (AC) | $878.25 Million | 1.16% | 0.08x | $78.56 Million |
| Abrdn Emerging Markets Equity Income Fund Inc (AEF) | $97.63 Million | -30.60% | 0.04x | $265.69 Million |
| AgriFORCE Growing Systems Ltd (AGRI) | $8.00 Million | -83.04% | 0.47x | $194.14 Million |
| Alpha Compute Corp (ALP) | $-214.26K | 0.00% | 0.00x | $5.62 Million |
| Alvarium Tiedemann Holdings Inc. (ALTI) | $970.20 Million | -10.62% | 0.29x | $296.12 Million |
| Affiliated Managers Group Inc (AMG) | $4.30 Billion | 10.10% | 0.79x | $9.37 Billion |
| Ameriprise Financial Inc (AMP) | $9.23 Billion | 14.45% | 14.66x | $40.38 Billion |
| AMTD IDEA Group (AMTD) | $3.92 Million | 36.60% | 15.42x | $40.58 Million |
About Blackrock Multi Sector Income Closed Fund
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