Fund Type:Closed-End Fund
Objective:General Corporate Bond
Asset Class:Fixed Income
BlackRock Credit Allocation Income Trust III
BlackRock Credit Allocation Income Trust III (XBPPX:US)
was acquired by BLK:US
Blackrock Credit Allocation Income Trust III Inc is a newly-organized, non-diversified,closed-end management investment company. The Fund's objective is to seek high current income consistent with capital preservation. The Fund under normal circumstances will invest at least 80% of its assets in preferred securities and up to 20% in securities such as municipal bonds.