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To: Les H who wrote (195523)10/5/2002 1:02:18 AM
From: TheStockFairy  Read Replies (2) | Respond to of 436258
 
Found this interesting profile on Yahoo-

Profile - BlackRock Income Trust (NYSE:BKT)

BlackRock Income Trust Inc. (the Trust) is a diversified, actively managed closed-end bond fund. The Trust's investment objective is to provide high current income consistent with the preservation of capital. The Trust seeks this objective by investing primarily in mortgage-backed securities backed by United States Government agencies (such as Fannie Mae, Freddie Mac or Ginnie Mae) and, to a lesser extent, United States Government securities, asset-backed securities and privately issued mortgage-backed securities.

I had to read this a few times to figure out what they were talking about and I KNOW what they are talking about.