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Allspring Global Investments Holdings LLC purchased a new position in shares of Blackrock Income Trust (NYSE: BKT) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 125,334 shares of the company's stock, valued at approximately $1,384,000. Other institutional investors also recently

BlackRock Income Trust (BKT) remains a sell due to persistent earnings shortfalls and ongoing NAV erosion, despite a 9.6% dividend yield. BKT's reliance on agency mortgage securities and moderate leverage exposes it to elevated interest rate risks and limits portfolio diversification. The fund consistently pays out more than it earns, accelerating capital erosion and underperforming peers like PDI in both total…