Business Description
Launched in 2006 and based in the United States, BlackRock Credit Allocation Income Trust is a closed-end fund managed jointly by BlackRock Advisors LLC and BlackRock (Singapore) Limited. The fund focuses on fixed income investments worldwide, including corporate bonds, high-yield bonds, bank loans, preferred securities, convertible bonds, and derivatives. Its portfolio targets securities with an average credit rating of BBB as measured by Standard & Poor's.
