IPO - BLACKROCK INCOME TRUST, INC.

Add to your watchlist
Back to List of IPO Filings

Form Type: N-2

Filing Date: 2025-06-20

Corporate Action: Ipo

Type: New

Accession Number: 000119312525142919

Filing Summary: BlackRock Income Trust, Inc. has filed a registration statement to offer an initial public offering of up to 25,000,000 shares of common stock. The shares will be offered from time to time after the effective date of the registration statement. The registration statement is part of a shelf registration process under the Securities Act of 1933, allowing for continuous offerings. The investment objective of the Fund is to manage a portfolio of high-quality securities to achieve preservation of capital and high monthly income. The fund intends to distribute monthly dividends and has implemented a distribution plan ensuring a stable distribution of income. The document also highlights the Fund's utilization of leverage and outlines the risks associated with investing in the Fund's shares. The common shares will be listed on the New York Stock Exchange under the symbol 'BKT.'

Additional details:

Approximate Date Of Commencement: From time to time after the effective date of this Registration Statement.


Maximum Number Of Shares: 25,000,000


Common Stock Par Value: $0.01


Fund Objective: preservation of capital and high monthly income


Fund Management Fee: 0.65% of average weekly value of the Fund's Net Assets


Dividend Frequency: monthly


Listing Exchange: NYSE


Listing Symbol: BKT


Comments

No comments yet. Be the first to comment!