BlackRock Sustainable American Income Trust (LSE: BRSA)

Currency in GBP

Last close As at 28/03/2023

GBP1.84

−0.25 (−0.14%)

Market capitalisation

GBP148m

BlackRock Sustainable American Income Trust (BRSA) aims to provide an attractive level of income and capital appreciation over the long term in a manner that is consistent with the trust’s principles of sustainable investing. Performance is measured against a US 1000 value index (the reference index).

Equity Analyst

Melanie Jenner

Mel Jenner

Director, Investment Trusts

Share Price Performance

Price Performance
% 1M 3M 12M
Actual (9.7) (7.2) (11.2)
Relative (5.3) (8.2) (10.2)
52 week high/low 214.0p/184.2p

Overview

BlackRock Sustainable American Income Trust (BRSA) changed its investment strategy at the end of July 2021 to integrate explicit ESG objectives. Its managers, Tony DeSpirito, David Zhao and Lisa Yang, aim to deliver an attractive level of income and long-term capital appreciation from a portfolio of dividend-paying companies that are trading at attractive valuations and are deemed to be ESG leaders, improvers or ‘sustainability enablers’. The managers say the odds of a recession are now higher compared with the end of 2021; hence, the structure of the portfolio has changed since then from a barbell approach of stability versus cyclical value and is now skewed towards stability.

Research

TMT

ESG, moving beyond the box tick

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The case for US capital markets

Consumer

Illuminator: August Update

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Post Woodford- A spotlight on smaller company liquidity

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How to buy and sell investment trusts

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Types of investment trusts

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Investment Trusts Quarterly: Growth and income