Edison Analyzes Proposed Changes for BlackRock American Income Trust

London-based Edison Investment Research Limited has released a report regarding the BlackRock American Income Trust (LSE: BRAI). The trust's board has put forward a proposal advocating for a shift to a systematic investment strategy. This marks a pioneering move within the investment trust sector. Despite the introduction of this innovative approach, BRAI will continue to focus on value and income. The US 1000 Value reference index will remain unchanged.

The management of BRAI's portfolio is set to transition from BlackRock’s US income and value team to the Systematic Active Equity team. This strategic realignment seeks to leverage big data, AI, and human expertise for consistent, low-cost, and risk-controlled returns. These changes are contingent upon approval at the upcoming AGM and a subsequent general meeting on 16 April 2025. The board has unanimously recommended a favorable vote.