BlackRock Income Trust: Leveraged MBS Play with 9% Distribution and Rating Upgrade

BlackRock Income Trust (BKT) is a fixed income closed-end fund that offers a 9% distribution rate. BKT is a leveraged mortgage-backed securities play from BlackRock, which has been upgraded by rating agencies. The fund's distribution is supported by its diversified portfolio of mortgage-backed securities and a leverage ratio of 1.16x. The fund's performance has been resilient despite market volatility, with a year-to-date return of 8.6%.