Fact sheet: BlackRockIncStratTrtPLC

Fund information
Fund name
BlackRock Income Strategies Trust PLC
Fund manager company
BlackRock Investment Managemen
Fund type
Investment Trust
Fund managers
  • Adam Ryansince 27/02/2015
Fund objective
The Company’s investment objective is to aim to preserve capital in real terms and to grow the dividend over the medium term at least in line with inflation. The Company will target a total portfolio return of UK Consumer Price Index (“CPI”) plus 4 per cent. per annum, over a 5 to 7 year cycle.
Benchmark
No data available.
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
-20.7%
1 Year rank in sector
14/14
Sector
IT Flexible Investment
Yield
6.2%
Fund size
£282m
FE Risk score
?FE Risk Scores measure the riskiness of instruments relative to the FTSE 100 index of shares. Weekly volatility is measured over three years with recent behaviour counting more heavily than earlier behaviour. Cash-type investments will have scores close to zero. Funds will tend to have scores in the 0-150 range. The FTSE 100 is always scored at 100. There is no upper limit.
104
Mid price
105.75
NAV
?Net asset value. The NAV per share may be higher or lower than the share price, which in turn is trading at either a discount or a premium to NAV.
118.39
Discount/Premium
?When the market price of an investment trust’s shares is less than the net asset value (NAV) per share then it is trading at a discount to NAV. A trust’s shares are on a premium when they trade at a higher price than the NAV.
-10.68
Gearing
?Investment trusts have the ability to borrow money which they invest with the aim of generating a higher return than the cost of the loan. An ungeared trust has a figure of 100. A figure of 110 would represent a trust with 10% gearing.
118
Top in this sector
Fund name1 Year
JZ Cap Partners35.8%
New Star IT PLC35.6%
UIL33.8%
Miton Gbl Opps PLC32.8%
Est Inv Trust23%
...more in IT Flexible Investment

Performance snapshot

Holdings snapshot

  • Not Specified43.3%
    UK29.1%
    International13.7%
    Money Market7.5%
    Others5.7%
  • No data available.
  • UK Equities29.1%
    Global Government Fixed Interest13.7%
    Alternative Assets11.8%
    Global High Yield Fixed Interest11.6%
    Hedge8.3%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.1%-4.6%-10.8%-20.7%-11.3%11.7%
Sector-0.1%3.1%10.5%12.5%18.6%27.6%
Rank within sector8 / 1514 / 1514 / 1414 / 1413 / 1311 / 12
Quartile3rd4th4th4th4th4th
Calendar performance
 YTD - 20162015201420132012
Fund-18.3%8%-1.8%20.7%11.1%
Sector12.1%3.3%3.9%5.7%1%
Rank within sector14 / 143 / 1311 / 131 / 135 / 12
Quartile4th1st4th1st2nd
Risk statistics
Alpha
?Alpha is a measure of a fund's over- or under-performance by comparison to its benchmark. If the Alpha is 5, the fund has outperformed its benchmark by 5%; so the greater the Alpha, the greater the outperformance.
-6.93
Beta
?Beta estimates a fund's volatility by comparison to that of its benchmark. A fund with a beta close to 1 means that the fund will move generally in line with the benchmark. Higher than 1 and the fund is more volatile than the benchmark and vice versa.
0.68
Sharpe
?This commonly-used measure calculates the level of return over and above the return of a notional risk-free investment, such as cash. The difference in returns is then divided by the fund's volatility. The resulting ratio is an indication of the amount of excess return generated per unit of risk.
-0.01
Volatility
?Volatility (or standard deviation), when applied to an investment fund, expresses its risk. It shows how widely a range of returns varied from the fund's average return over a particular period. For example, if a fund had an average return of 5%, and its volatility was 15, this would mean that the range of its returns over the period had swung between +20% and -10%.
11.38
Tracking error
?This measures the standard deviation of a fund's excess returns over the returns of an index or benchmark portfolio. As such, it can be an indication of 'riskiness' in the manager's investment style. A Tracking Error below 2 suggests a passive approach. At 3 and above the the manager will be deploying a more active investment style.
10.99
Information ratio
?This is a useful risk-adjusted measure of actively managed fund performance. It is calculated by deducting the returns of the fund's benchmark from the fund's overall returns, then dividing the result by its tracking error. The higher the Information Ratio the better. It is generally considered that a figure of 0.5 reflects a good performance, 0.75 very good, and 1.00 outstanding.
-0.82
R-Squared
?An indication of how closely correlated a fund is to an index or a benchmark. Values for R-Squared range between 0 and 1, with 0 indicating no correlation at all and 1 showing a perfect match. Values upwards of 0.7 suggest that the fund's behaviour is increasingly linked to its benchmark.
0.07
Price movement
52 week high139
52 week low102.63
Current bid price104.75
Current offer price105.5
Current mid price105.75
Region
1Not Specified43.3%
2UK29.1%
3International13.7%
4Money Market7.5%
5Others5.7%
6Global Emerging Markets0.7%
Industry sector
No data available.
Asset type
1UK Equities29.1%
2Global Government Fixed Interest13.7%
3Alternative Assets11.8%
4Global High Yield Fixed Interest11.6%
5Hedge8.3%
6Cash & Cash Equivalents7.5%
7Global Investment Grade Fixed Interest6.1%
8Global Developed Equities5.7%
9Commodity & Energy5.5%
Individual holdings
No data available.
Management
Fund manager group
BlackRock
Fund manager company
BlackRock Investment Managemen
Fund type
Investment Trust
Fund objective
The Company’s investment objective is to aim to preserve capital in real terms and to grow the dividend over the medium term at least in line with inflation. The Company will target a total portfolio return of UK Consumer Price Index (“CPI”) plus 4 per cent. per annum, over a 5 to 7 year cycle.
Benchmark
No data available.
Investment style
No data available.
Investment method
No data available.
Fund managers
NameSinceBiography
Adam Ryan27/02/2015Adam Ryan, Managing Director and portfolio manager, is a member of BlackRock's Multi-Asset Strategies (MAS) group which is responsible for developing, assembling and managing investment strategies involving multiple asset classes. He is Head of the Diversified Strategies team and is lead portfolio manager of Dynamic Diversified Growth (DDG). Mr Ryan's service with the firm dates back to 1999, including his years with Merrill Lynch Investment Managers (MLIM), which merged with BlackRock in 2006. His background is in fixed income portfolio management where he was Head of Fixed Income for MLIM's Private Client business before developing and managing diversified multi-asset portfolios for both private and institutional clients. Mr Ryan earned a BA degree with honours in engineering from Cambridge University in 1991.
Compliance
AIC Member
Domicile
No data available.
Fund for sale in
United Kingdom
BlackRock Income Strategies Trust PLC
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price125.45
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNJHW
BlackRock Income Strategies Trust PLC NAV
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price145.2
CurrencyGBX
Price updated25/02/2015
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFP47
Data provided by

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