Karpus reports 5.75% stake in BlackRock Income Trust

Karpus Management, Inc., doing business as Karpus Investment Management, filed a Schedule 13G reporting a passive ownership stake in BlackRock Income Trust.

Accepted by SEC EDGAR 02/13/2026 - 04:07 PM EST Learn about SEC filing dates

Rhea-AI Filing Summary

Karpus Management, Inc., doing business as Karpus Investment Management, filed a Schedule 13G reporting a passive ownership stake in BlackRock Income Trust. Karpus reports beneficial ownership of 1,861,660 common shares, representing 5.75% of the outstanding class as of the reported date.

Karpus, a New York investment adviser, has sole voting and sole dispositive power over all reported shares, held in accounts it manages. The firm certifies the position was acquired and is held in the ordinary course of business and not for the purpose of changing or influencing control of BlackRock Income Trust.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What stake in BlackRock Income Trust (BKT) does Karpus report?

Karpus Management, Inc. reports beneficial ownership of 1,861,660 common shares of BlackRock Income Trust, equal to 5.75% of the class. These shares are held in accounts managed by Karpus, which has sole voting and sole dispositive power over the position.

Is Karpus’s position in BlackRock Income Trust (BKT) considered passive?

Yes. Karpus certifies the BlackRock Income Trust shares were acquired and are held in the ordinary course of business, not to change or influence control. The filing is on Schedule 13G, which is used for passive ownership rather than activist or control-seeking positions.

How many BlackRock Income Trust (BKT) shares does Karpus control voting for?

Karpus has sole voting power over 1,861,660 BlackRock Income Trust common shares. It reports no shared voting power. The same number of shares is reported with sole dispositive power, indicating Karpus alone directs both voting and investment decisions for these holdings.

Who is the reporting person on this BlackRock Income Trust (BKT) Schedule 13G?

The reporting person is Karpus Management, Inc., doing business as Karpus Investment Management, a New York corporation and registered investment adviser. It is controlled by City of London Investment Group plc, though effective informational barriers leave voting and investment power with Karpus.

On what date did Karpus’s BlackRock Income Trust (BKT) holdings trigger this filing?

The Schedule 13G relates to an event dated December 31, 2025. That date marks when Karpus’s beneficial ownership level in BlackRock Income Trust met the threshold requiring a Schedule 13G ownership disclosure under SEC rules.

Where are Karpus’s principal offices for managing its BlackRock Income Trust (BKT) stake?

Karpus’s principal business office is at 183 Sully's Trail, Pittsford, New York 14534. From this location, the registered investment adviser exercises voting and investment authority over the 1,861,660 BlackRock Income Trust shares held in managed client accounts.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

BLACKROCK INCOME TRUST

(Name of Issuer)

Common

(Title of Class of Securities)

09247F209

(CUSIP Number)

12/31/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. 09247F209

1

Names of Reporting Persons

KARPUS MANAGEMENT, INC.

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

NEW YORK

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 1,861,660.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 1,861,660.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

1,861,660.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

5.75 %

12

Type of Reporting Person (See Instructions)

IA

SCHEDULE 13G

Item 1.
(a)	Name of issuer: BLACKROCK INCOME TRUST
(b)	Address of issuer's principal executive offices: 100 Bellevue Parkway Wilmington, Delaware 19809
Item 2.
(a)	Name of person filing: This statement is being filed by Karpus Management, Inc., d/b/a Karpus Investment Management ("Karpus" or the "Reporting Person"). Karpus is a registered investment adviser under Section 203 of the Investment Advisers Act of 1940. Karpus is controlled by City of London Investment Group plc ("CLIG"), which is listed on the London Stock Exchange. However, in accordance with SEC Release No. 34-39538 (January 12, 1998), effective informational barriers have been established between Karpus and CLIG such that voting and investment power over the subject securities is exercised by Karpus independently of CLIG, and, accordingly, attribution of beneficial ownership is not required between Karpus and CLIG. The Shares to which this Schedule 13G relates are owned directly by the accounts managed by Karpus.
(b)	Address or principal business office or, if none, residence: 183 Sully's Trail, Pittsford, New York 14534.
(c)	Citizenship: The members of the Karpus Management Committee are US citizens. Karpus is a New York corporation.
(d)	Title of class of securities: Common
(e)	CUSIP No.: 09247F209
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 1,861,660.00
(b)	Percent of class: 5.75 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 1,861,660.00
	(ii) Shared power to vote or to direct the vote: 0.00
	(iii) Sole power to dispose or to direct the disposition of: 1,861,660.00
	(iv) Shared power to dispose or to direct the disposition of: 0.00
Item 5.	Ownership of 5 Percent or Less of a Class.
	Not Applicable
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

KARPUS MANAGEMENT, INC.

Signature:	/s/ Jodi L. Hedberg
Name/Title:	Jodi L. Hedberg / Chief Compliance Officer
Date:	02/13/2026