The BlackRock Multi-Sector Income Trust (BIT) is a mutual fund that invests in a diverse range of income-producing securities, including bonds, loans, and other fixed-income assets. Managed by BlackRock, one of the world's largest investment management firms, this fund aims to provide investors with a steady stream of income while also seeking to preserve capital and achieve long-term growth. With a focus on multiple sectors and a team of experienced portfolio managers, BIT offers a well-diversified and actively managed approach to generating income for investors.