BlackRock Announces Name Change for BlackRock Credit Allocation Income Trust IV
February 11 2013 - 8:15AM
Business Wire
BlackRock Advisors, LLC today announced that the Board of
Trustees of BlackRock Credit Allocation Income Trust IV (NYSE:BTZ,
the “Trust”) has approved a name change for the Trust. Effective
February 11, 2013, BTZ’s name will be “BlackRock Credit Allocation
Income Trust”.
This change was made following the completion of the
reorganization of BlackRock Credit Allocation Income Trust I, Inc.
(formerly NYSE:PSW), BlackRock Credit Allocation Income Trust II,
Inc. (formerly NYSE:PSY) and BlackRock Credit Allocation Income
Trust III (formerly NYSE:BPP) with and into BTZ in December 2012.
The change announced today relates only to the Trust’s name and the
Trust will continue to trade on the NYSE under its current ticker
symbol.
About BlackRock
BlackRock is a leader in investment management, risk management
and advisory services for institutional and retail clients
worldwide. At December 31, 2012, BlackRock’s AUM was $3.792
trillion. BlackRock offers products that span the risk spectrum to
meet clients’ needs, including active, enhanced and index
strategies across markets and asset classes. Products are offered
in a variety of structures including separate accounts, mutual
funds, iShares® (exchange traded funds), and other pooled
investment vehicles. BlackRock also offers risk management,
advisory and enterprise investment system services to a broad base
of institutional investors through BlackRock Solutions®.
Headquartered in New York City, as of December 31, 2012, the firm
has approximately 10,500 employees in 30 countries and a major
presence in key global markets, including North and South America,
Europe, Asia, Australia and the Middle East and Africa. For
additional information, please visit BlackRock’s website at
www.blackrock.com.
Forward-Looking Statements
This press release, and other statements that BlackRock or BTZ
may make, may contain forward-looking statements within the meaning
of the Private Securities Litigation Reform Act, with respect to
BTZ’s or BlackRock’s future financial or business performance,
strategies or expectations. Forward-looking statements are
typically identified by words or phrases such as “trend,”
“potential,” “opportunity,” “pipeline,” “believe,” “comfortable,”
“expect,” “anticipate,” “current,” “intention,” “estimate,”
“position,” “assume,” “outlook,” “continue,” “remain,” “maintain,”
“sustain,” “seek,” “achieve,” and similar expressions, or future or
conditional verbs such as “will,” “would,” “should,” “could,” “may”
or similar expressions.
BlackRock cautions that forward-looking statements are subject
to numerous assumptions, risks and uncertainties, which change over
time. Forward-looking statements speak only as of the date they are
made, and BlackRock assumes no duty to and does not undertake to
update forward-looking statements. Actual results could differ
materially from those anticipated in forward-looking statements and
future results could differ materially from historical
performance.
With respect to BTZ, the following factors, among others, could
cause actual events to differ materially from forward-looking
statements or historical performance: (1) changes and volatility in
political, economic or industry conditions, the interest rate
environment, foreign exchange rates or financial and capital
markets, which could result in changes in demand for BTZ or in
BTZ’s net asset value; (2) the relative and absolute investment
performance of BTZ and its investments; (3) the impact of increased
competition; (4) the unfavorable resolution of any legal
proceedings; (5) the extent and timing of any distributions or
share repurchases; (6) the impact, extent and timing of
technological changes; (7) the impact of legislative and regulatory
actions and reforms, including the Dodd-Frank Wall Street Reform
and Consumer Protection Act, and regulatory, supervisory or
enforcement actions of government agencies relating to BTZ or
BlackRock, as applicable; (8) terrorist activities, international
hostilities and natural disasters, which may adversely affect the
general economy, domestic and local financial and capital markets,
specific industries or BlackRock; (9) BlackRock’s ability to
attract and retain highly talented professionals; (10) the impact
of BlackRock electing to provide support to its products from time
to time; and (11) the impact of problems at other financial
institutions or the failure or negative performance of products at
other financial institutions.
Annual and Semi-Annual Reports and other regulatory filings of
BTZ with the Securities and Exchange Commission (“SEC”) are
accessible on the SEC's website at www.sec.gov and on
BlackRock’s website at www.blackrock.com, and may discuss
these or other factors that affect BTZ. The information contained
on BlackRock’s website is not a part of this press release.
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