Fund Description: BlackRock Income Trust is an exchange-traded closed-end fund (CEF) or a closed-end ETF that is officially described as a diversified, closed-end management investment company. INVESTMENT OBJECTIVE: The BlackRock Income Trust seeks to achieve both preservation of capital and high monthly income. TRUST STRATEGY: The Trust will invest primarily in mortgage-backed securities backed by U.S. Government agencies (such as Fannie Mae, Freddie Mac or Ginnie Mae) and, to a lesser extent, U.S. Government securities, asset-backed securities and privately issued mortgage-backed securities. At least 85% of the Trust's assets must be issued or guaranteed by the U.S. Government or its agencies or rated AAA by Standard & Poor's or Aaa Moody's (up to 5% can be unrated and deemed by the Adviser to be of equivalent credit quality); the remaining 15% of the Trust's assets must be rated at least AA by Standard & Poor's or Aa by Moody's at time of purchase. TRUST MANAGEMENT: BlackRock Advisors LLC is the Trust's investment advisor and BlackRock Financial Management, Inc., serves as the sub-adviser.