BlackRock Income Strategies Trust plc, formerly British Assets Trust plc, is a United Kingdom-based investment trust. The Company’s investment objective is to achieve a total return in excess of a composite index, weighted as to 80% Financial Times Stock Exchange (FTSE) All-Share Index and 20% FTSE World (ex UK) Index, by investing principally in a diversified international portfolio of equities and equity-related securities. The Company also invests in other countries or regions and in corporate bonds. Its portfolio includes oil and gas, industrials, consumer goods, health care, telecommunications, utilities, financials and technology. The Company’s portfolio comprises 61 equity investments and 76 corporate bond holdings.