BlackRock North American Income Trust plc is an investment trust engaged in portfolio investment. The Company provides a level of income return with capital appreciation over the long term, through investment in a diversified portfolio of large-cap the United States equities. It will invest in a diversified portfolio of equity securities quoted in the United States, with a focus on companies that pay and grow their dividends. It may invest through an active options overlay strategy utilizing covered call options and may also hold other securities from time-to-time, including, inter alia, convertible securities, fixed interest securities, preference shares, non-convertible preferred stock and depositary receipts. It may also invest in listed large-cap equities quoted on exchanges outside the United States, and may invest in securities denominated in the United States dollars and non-United States dollar currencies. Its investment manager is BlackRock Investment Management (UK) Limited.