BlackRock Multi-Sector Income Trust (BIT): Hold Rating Maintained Amid Negative Total Return

The BlackRock Multi-Sector Income Trust (BIT) has posted a negative total return since mid-2025, despite a benign credit environment. The CEF's unsupported distribution indicates only downside for this investment. The author previously held a 'Hold' rating for BIT, but it has underperformed expectations. The article suggests that investors should be cautious when considering BIT as a potential investment.