BLACKROCK AMERICAN INCOME TRUST PLCORD GBP0.01
Symbol: BRAI
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Invest in this share within an ISA, JISA, SIPP or Investment Account
Past Performance
- 27th Jun 2020 to 27th Jun 202124.87%
- 27th Jun 2021 to 27th Jun 20226.63%
- 27th Jun 2022 to 27th Jun 20231.43%
- 27th Jun 2023 to 27th Jun 202411.60%
- 27th Jun 2024 to 27th Jun 20252.35%
Key Information
| Benchmark | Russell 1000 Value |
| Sector | IT North America |
| Gearing | 100% |
| Ex-Dividend Date | 5 Jun 2025 |
| Dividend Pay Date | 4 Jul 2025 |
| Total Dividends - Year to Date | 0 |
| Dividend Yield (%) | 0 |
Net Asset Value (Nav)
| Latest actual NAV | 206.71 |
| Latest actual NAV date | 24/06/2025 |
| NAV frequency | Daily |
| Premium/Discount | -5.74% |
Charges
|
Total Ongoing Charges
Please note that whilst we endeavour to show all charges associated with specific funds, sometimes this is not possible due to the information not being made available by the fund provider. In such cases transaction or incidental cost information may be missing. |
1.04% |
| Performance Fee | 0% |
| AMC | 0.70% |
|
Our Platform Charge
We charge a platform fee of 0.30% per annum on the value of all stocks & shares held across all accounts, minimum £50 and maximum £600 per annum, charged pro-rata monthly in arrears. A full list of our rates and charges can be found here . |
0.30% |
Cost and Charges Information
This calculator provides you with costs and charges information regarding our charges and, where relevant, the costs within this investment product
Account Type
Annual charges
These are the annual costs based on an initial investment amount of over 1 year assuming a net zero growth rate
| Cost Category | % of Investment | lump sum costs |
|---|---|---|
Our annual fee
Our annual feeIncludes our platform fee at 0.30% per annum (excluding Charles Stanley Multi Asset Funds and anycash held). The min fee is £60, the max is £600 per annum, plus SIPP administration fee (if applicable, only charged if < £30,000 held) – see here |
0.30% | |
Dealing charges
Dealing chargesAny one-off commission charges associated with investing. Note that government taxes and levies are not included. This does not include any commission credits you may have available |
N/A | |
Product provider costs
Product provider costsProduct provider costs shown are inclusive of the fund ongoing charges figure (OCF), transaction costs and incidental costs |
1.04% | |
Total (£)
Total (£)Costs per annum displayed in monetary value |
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Total (%)
Total (%)Costs per annum displayed as a percentage of investment value |
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Cumulative effect of charges on your investment's return
This illustration assumes that costs occur evenly throughout the year, charges are paid out of the investment evenly throughout the year, and that an annual growth rate of applies evenly throughout the year, before any charges including product charges
| lump sum invested with an assumed growth rate of | 1 year | years |
|---|---|---|
What you might get back at with no charges applied
What you might get back at with no charges appliedThese are the illustrative values of a investment after growth and no costs applied at the end of the defined period |
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Annual charges
Annual chargesThese are the annual costs based on an initial investment amount of assuming a net zero growth rate |
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Effect of charges on return (%)
Effect of charges on return (%)These are the overall costs in percentage terms, based on an initial investment amount of assuming a growth rate |
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Effect of charges on return (£)
Effect of charges on return (£)These are the overall costs in monetary value, based on an initial investment amount of assuming a growth rate |
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What you might get back at with charges applied
What you might get back at with charges appliedThese are the illustrative values of a investment after growth and costs at the end of the defined period |
This illustration is not a forecast of future investment performance but merely a means to demonstrate the potential impact of costs and charges for an assumed return of . Whilst we make reasonable endeavours to ensure the accuracy of third party charges information, this is intended for illustrative purposes only and should not be relied upon. We do not warrant or represent that this information is accurate, complete or up to date, therefore we accept no responsibility or liability for its use
Company
Business Summary
Blackrock American Income Trust PLC is a United Kingdom-based investment trust company. The Company’s objective is to provide long-term capital growth, whilst paying an attractive level of income. The Company invests primarily in a diversified portfolio of North American equity securities, with a focus on large-cap and medium-cap companies that pay and grow their dividends. The Company invests in various sectors, including financials, healthcare, industrials, information technology, consumer staples, energy, consumer discretionary, utilities, communication services, real estate, and materials. The Company’s alternative investment fund manager is BlackRock Fund Managers Limited.
Financial Summary
BRIEF: For the fiscal year ended 31 October 2024, Blackrock American Income Trust PLC revenues increased from -£7.2M to £24.7M. Net income totaled £22.6M vs. loss of £9.5M. Revenues reflect FV Adjustments of Financial Investments increase from -£11.6M to £20.9M, Other income increase of 18% to £13K. Net Income reflects Investment busines segment income totaling £23M vs. loss of £8.9M. Dividend per share remained flat at £0.08.
Performance
Cumulative Performance
| 1 month | 3 months | 6 months | 1 year | 3 years | 5 years |
| 1.86% | -1.16% | 0.60% | 2.35% | 15.85% | 54.25% |
Important Information
Headline performance can mask the true characteristics of a fund. Without fully understanding how a fund is managed, you may inadvertently become exposed to an undesirable level of risk to your capital. Some funds carry a dilution levy which reduces the number of units realised on any initial investment as an initial charge. If this fund carries such a levy it should be detailed in the Key Investor Information Document (KIID), which we must provide and you should read before investing.
The charts and performance data shown are supplied by an external data provider and may contain data that appears to precede the introduction of the clean unit class for this fund. In such cases, historical data has been synthesised at the entire discretion of that external provider as realistically as possible using historical data recorded against the previously available commission-paying version of the fund, adjusting for fees in the process.
Composition
View Fund Allocation by:
Important Documents
The documents listed below are the latest versions made available to our data provider by the fund management group, but may not necessarily reflect the applicable charges that would be levied should you purchase this fund via Charles Stanley Direct. You should treat the charges and other figures shown in the 'Overview' tab as accurate.
The Fact Sheet is supplied on a monthly basis by the management group and provides limited information on the fund. Past performance data and a review of how the fund has performed are commonly featured.
147,329 bytes PDF Document; last updated 30 Apr 2025
306,080 bytes PDF Document; last updated 17 Apr 2025
4,689,467 bytes PDF Document; last updated 31 Oct 2024
1,577,733 bytes PDF Document; last updated 30 Apr 2024
Management Team
Tony DeSpirito David Zhao Lisa Yang
Tony DeSpirito
has managed this fund for 10 years and 11 months.
Antonio (Tony) DeSpirito, Managing Director, is Head of the US Income & Value team and Director of Investments, US Equities within the Fundamental Active Equity business of BlackRock's Active Equity Group. Mr. DeSpirito is the lead Portfolio Manager for the BlackRock Equity Dividend portfolios. Prior to joining BlackRock in 2014, Mr. DeSpirito worked at Pzena Investment Management, where he served as Managing Principal, portfolio manager, and a member of the firm's Executive Committee. Mr. DeSpirito was responsible for a suite of large-cap value, all-cap value and two hedge fund portfolios. Having managed value equity assets since 1996, Mr. DeSpirito served as a portfolio manager for the John Hancock Classic Value, PACE Large Company Value, and Vanguard Windsor funds. Mr. DeSpirito earned a BS degree in economics with concentration in finance, summa cum laude, from the Wharton School of the University of Pennsylvania in 1990, and a JD degree, magna cum laude, from Harvard Law School in 1993
Manager Cumulative Performance v Peer Group
David Zhao
has managed this fund for 7 years and 9 months.
David Zhao, Managing Director, is Co-Director of Research for the US Income & Value team within the Fundamental Equities division of BlackRock's Portfolio Management Group. Mr. Zhao is also a Portfolio Manager for the BlackRock Equity Dividend, Large Cap Focus Value, Mid-Cap Value, High Equity Income, Sustainable US Value and Large Cap Concentrated Value portfolios. Prior to joining BlackRock, David was a Global Equity Senior Research Analyst and Principal at Pzena Investment Management covering technology, US banks/brokers, medical technology, non-life insurance, financial technology and select industrials. David began his career as an Analyst at Lehman Brothers covering technology M&A; and later within the Institutional Equities Corporate Strategy Group. David holds a BA of Arts with degrees in Economics and Computer Information Systems and graduated Cum Laude from Northwestern University.
Manager Cumulative Performance v Peer Group
Lisa Yang
has managed this fund for 4 years .
There is currently no biography information for Lisa Yang.
Manager Cumulative Performance v Peer Group
Financials
Income Statement - All values are in GBP (M).
|
Year Ending |
31/10/2024 |
31/10/2023 |
31/10/2022 |
31/10/2021 |
31/10/2020 |
31/10/2019 |
|---|---|---|---|---|---|---|
| Total Revenue | 24.70 | -7.24 | 14.30 | 46.85 | -11.08 | 12.33 |
| Gross profit | 23.48 | -8.45 | 13.03 | 45.61 | -12.16 | 11.25 |
| Operating Profit/Loss | 23.01 | -8.91 | 12.70 | 45.16 | -12.56 | 10.90 |
| Profit Before Tax | 23.00 | -8.96 | 12.63 | 45.16 | -12.56 | 10.90 |
| Profit After Tax | 22.57 | -9.46 | 12.17 | 44.73 | -13.32 | 10.37 |
| Equity Holders of Parent Company | 22.57 | -9.46 | 12.17 | 44.73 | -13.32 | 10.37 |
| Minority Interest | NIL | NIL | NIL | NIL | NIL | NIL |
Balance Sheet - All values are in GBP (M).
|
Year Ending |
31/10/2024 |
31/10/2023 |
31/10/2022 |
31/10/2021 |
31/10/2020 |
31/10/2019 |
|---|---|---|---|---|---|---|
| Total Non-Current Assets | 155.58 | 154.21 | 175.43 | 164.97 | 119.43 | 130.53 |
| Total Current Assets | 1.38 | 3.84 | 3.49 | 3.58 | 8.92 | 14.05 |
| Total Assets | 156.96 | 158.05 | 178.92 | 168.55 | 128.35 | 144.58 |
| Total Liabilities | 1.90 | 3.26 | 7.83 | 3.22 | 1.94 | 1.79 |
| Total Net Assets | 155.07 | 154.79 | 171.09 | 165.33 | 126.41 | 142.79 |
| Shareholders Funds | 155.07 | 154.79 | 171.09 | 165.33 | 126.41 | 142.79 |
| Minority Interests | NIL | NIL | NIL | NIL | NIL | NIL |
| Total Equity | 155.07 | 154.79 | 171.09 | 165.33 | 126.41 | 142.79 |