BlackRock Multi-Sector Income Trust (BIT): fair value, margin of safety and Wheel Score

Is BIT undervalued?

At 11.44 (close of 5 Nov 2026), BIT trades 17% under the GLS average fair value of 13.76. 5 of the 9 models that produced a value land above the price. A discount of this size counts as a positive margin of safety in every GLS scan; whether it is enough depends on the rest of the picture - the health score, the moat and the option premium below.

There is a wide gap between GLS Growth (4.13) and Graham Growth (30.97). When the models are this far apart the "fair value" is really a range, and the margin of safety above should be read with that range in mind.

Ranked against every other company we cover, neither cheapness nor growth clearly wins for BIT, so the nightly engine files it under Blend (value score 58, growth score 50, out of 100). It also carries the Income tag (Income = a dividend yield of 4% or more).

Nine valuation models for BIT

Each model turns the latest filed numbers into a value per share; the GLS fair value is the simple average of the ones that produce a positive number. The last two rows are shown for reference and never enter the average. The Quote page lets you switch any model off and add your own margin of safety.

Quality and financial health

BlackRock Multi-Sector Income Trust scores 6 of 9 on the Piotroski F-score: a middling result that passes the "Piotroski 6 or more" Wheel Trade Filter. Some of the nine tests on profitability, leverage and efficiency are failed, so the accounts are worth a look before selling a put on the name. On durability BIT scores 5.1/10 on the GLS Moat - a middle reading; the Moat Score tab on the Quote page's Financials view shows which of the four parts hold it back.

Returns on capital are thin or negative - ROIC 4.9%, ROE 7.0%, ROA 4.8% - with debt at 0.42 times equity and a free-cash-flow yield of 4.8%.

The dividend yield is high at 12.98% (payout ratio 219%) - a payout above 100% of earnings, which is not covered by profits. A yield this size is often the market's way of pricing a risk to the payout, so the health score and cash flow matter more than usual.

Institutional ownership scores 4/10, insider activity 5/10 and Congressional trading 5/10 on the GLS smart-money scales.

Wheel Score 27: No options

No options are listed on BlackRock Multi-Sector Income Trust in our nightly snapshot, so it fails the first Wheel Trade Filter (options that actually trade) (it reads 27, under 70) and is left out of every options scan; the fair value and health figures above are still useful for a plain stock position.

Volume runs at 171k shares a day on a market cap of $653M, with a beta of 0.50 - a low beta, so day-to-day moves are smaller than the market's; the Stability part of the Wheel Score rates that fair.

The Wheel Score ranks ~7,400 US stocks for selling cash-secured puts and covered calls: a stock must pass all 9 Wheel Trade Filters to score 70, and the score then ranks the ones that pass; the Sunday Scan is the top 10. It is updated nightly and is not a recommendation. How the Wheel Score works · the walkthrough lesson shows how it fits into a trade, start to finish.

Upcoming events

No upcoming earnings date is recorded for BIT in the nightly calendar. The shares go ex-dividend on 13 Nov 2026 (0.1237 per share), so a covered call sold before then carries a small early-assignment risk around that date.

Earnings, dividend, IPO, split and economic calendars for the whole market, filterable to your watchlists.

Similar stocks in Asset Management

The 12 companies below are the closest to BlackRock Multi-Sector Income Trust by market cap within the Asset Management industry, each with its own fact sheet; the Compare page puts up to eight of them side by side.

⚖ Compare BIT with 7 of them   All Financial Services stocks →