Thoughts on BRSA

[woolybanana]

Looking for another IT to add to those I have and wondered what anyone thought about BRSA, for income? I have little US exposure and wondered if this might be a reasonable bet.
Many thanks in advance.

[Dod101]

Could I respectfully ask if you can identify BRSA? It seems to be Black Rock Sustainable Investment Trust. Not one that is discussed much here and I would have thought that spelling it out would be not un reasonable, at least on the first occasion. I have no opinion because I do not know it.

Dod

[mc2fool]

Could I respectfully ask if you can identify BRSA?

And I was just in the middle of an "Especially for Dod post...."

Bank Robbery Statistical Application
Banking Regulation and Supervision Agency
Bayshore Regional Sewerage Authority
Blue River Soccer Association
Bradys Run Sanitary Authority
Bryans Road Soccer Association
Belarusian Republican Scout Association
Bow River Swim Association
...and, of course,
British Railway Staff Association

Or maybe https://www.theaic.co.uk/companydata/0P0000X486

[monabri]

It was formerly " BlackRock North American" ( BRNA) but changed name in August 21.

viewtopic.php?p=432545#p432545

A link to the BlackRock BRSA webpage.

https://www.blackrock.com/uk/individual ... e-holdings

[kempiejon]

It was formerly " BlackRock North American" ( BRNA) but changed name in August 21.

viewtopic.php?p=432545#p432545

A link to the BlackRock BRSA webpage.

https://www.blackrock.com/uk/individual ... e-holdings

Ah and the link gives us BlackRock Sustainable American Income Trust plc https://www.brsa.org.uk/

[monabri]

It was formerly " BlackRock North American" ( BRNA) but changed name in August 21.

viewtopic.php?p=432545#p432545

A link to the BlackRock BRSA webpage.

https://www.blackrock.com/uk/individual ... e-holdings

Ah and the link gives us BlackRock Sustainable American Income Trust plc https://www.brsa.org.uk/

Did you mean to provide a link to that website ( The British Rope Skipping Association).....at least add a smilie!

[richfool]

Looking for another IT to add to those I have and wondered what anyone thought about BRSA, for income? I have little US exposure and wondered if this might be a reasonable bet.
Many thanks in advance.

Funny, you should ask about BRSA (formerly BRNA). I just added it to my collection of IT's this last week. My objective was to increase my US exposure to other dividend paying stocks, as opposed to the growth/technology stocks held by my other US trust holding: USA. (Baillie Gifford US Growth trust), and also to enhance my dividend income.

When I bought it, BRSA was paying a dividend yield of 4.10%.

[Coobster]

I don't know know too much about BRSA but I do hold two IT's in the North America AIC sector.

1) A recent addition, small holding in USA - Baillie Gifford US Growth - early days to comment and
2) An IT that I've held for 3 years now - MCT - Middlefield Canadian Income Trust.

Really quite happy with MCT - it provides just over 4% yield, similar to BRSA in terms of yield. I would say that the companies held in MCT are less well known compared to BRSA's Wells Fargo, Bank of America, General Motors etc.

Currently 76% of holdings are Canadian and 21% USA. The shares dropped by approx. 35% in the first quarter of 2020 so I guess it's not a truly defensive IT. Anyway, it's just different and I'm happy to hold for a while.

[monabri]

I've made two small buys into BRSA in Feb 2018 and June 2019. Looking at my records, the dividend has been 2.0p per share per quarter every since. The XIRR is just over 8% which primarily comes from the share price increase (163p & 177p for the two buys). The dividend reserves are ~0.5 years so my concern would be whether we are going to see any increases in the dividend in the near future, so you will be locking in with a new buy at ~4.0%.

BRSA is 77% US and sub 5% everything else.

So, on reflection, I would say it is a hold but not a "new buy".

Factsheet
https://www.fundslibrary.co.uk/FundsLib ... q54I96&r=1

[stevensfo]

Looking for another IT to add to those I have and wondered what anyone thought about BRSA, for income? I have little US exposure and wondered if this might be a reasonable bet.
Many thanks in advance.

Funny, you should ask about BRSA (formerly BRNA). I just added it to my collection of IT's this last week. My objective was to increase my US exposure to other dividend paying stocks, as opposed to the growth/technology stocks held by my other US trust holding: USA. (Baillie Gifford US Growth trust), and also to enhance my dividend income.

When I bought it, BRSA was paying a dividend yield of 4.10%.

Just for info, I remember that BRSA (BRNA) is held by the North American IncomeTrust (NAIT), so NAIT may give access to a wider range of holdings. However, I think the yield is lower than BRSA.

I also hold MCT and have done for many years. It went nowhere for years but keeps throwing off the dividends.

Steve

[monabri]

Just for info, I remember that BRSA (BRNA) is held by the North American IncomeTrust (NAIT), so NAIT may give access to a wider range of holdings. However, I think the yield is lower than BRSA.

Steve

Not saying that NAIT didn't hold shares in BRSA once upon a time but I can't see them listed in the Jan 21 Annual Report.

[stevensfo]

Just for info, I remember that BRSA (BRNA) is held by the North American IncomeTrust (NAIT), so NAIT may give access to a wider range of holdings. However, I think the yield is lower than BRSA.

Steve

Not saying that NAIT didn't hold shares in BRSA once upon a time but I can't see them listed in the Jan 21 Annual Report.

Oh, thanks. They did hold them once because I remember wanting to kick myself for not realising before I bought both.


Steve

[monabri]

https://www.investegate.co.uk/blackrock ... 4508PB0B2/

"ANNOUNCEMENT OF QUARTERLY INTERIM DIVIDEND

3 November 2021

The Board of BlackRock Sustainable American Income Trust plc is pleased to announce that the fourth quarterly interim dividend in respect of the year ended 31 October 2021 of 2.00p per ordinary share has been declared by the Directors, payable on 4 January 2022 to holders of ordinary shares on the register at the close of business on 26 November 2021 (ex-dividend date is 25 November 2021)."