Richard Cavanagh - BlackRock California Independent Co-Chairman of the Board of Trustees

BFZ Stock  USD 11.51  0.06  0.52%   

Chairman

Mr. Richard E. Cavanagh is Independent Chairman of the Board of Trustees of Blackrock California Municipal Income Trust. He served as Trustee, Aircraft Finance Trust from 1999 to 2009 Director, The Guardian Life Insurance Company of America since 1998 Trustee, Educational Testing Service from 1997 to 2009 and Chairman thereof from 2005 to 2009 Senior Advisor, The Fremont Group since 2008 and Director thereof since 1996 Adjunct Lecturer, Harvard University since 2007 President and Chief Executive Officer, The Conference Board, Inc. from 1995 to 2007. since 2018.
Age 75
Tenure 6 years
Address 50 Hudson Yards, New York, NY, United States, 10001
Phone212 810 5300
Webhttps://www.blackrock.com/investing/products/24021

Richard Cavanagh Latest Insider Activity

Tracking and analyzing the buying and selling activities of Richard Cavanagh against BlackRock California stock is an integral part of due diligence when investing in BlackRock California. Richard Cavanagh insider activity provides valuable insight into whether BlackRock California is net buyers or sellers over its current business cycle. Note, BlackRock California insiders must abide by specific rules, including filing SEC forms every time they buy or sell BlackRock California'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

BlackRock California Management Efficiency

The company has Return on Asset of 0.0217 % which means that on every $100 spent on assets, it made $0.0217 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0308 %, implying that it generated $0.0308 on every 100 dollars invested. BlackRock California's management efficiency ratios could be used to measure how well BlackRock California manages its routine affairs as well as how well it operates its assets and liabilities. Return On Capital Employed is likely to rise to 0.04 in 2024, whereas Return On Tangible Assets are likely to drop 0.02 in 2024. At this time, BlackRock California's Total Assets are fairly stable compared to the past year. Net Tangible Assets is likely to rise to about 485.3 M in 2024, whereas Other Assets are likely to drop slightly above 31.6 K in 2024.
BlackRock California Municipal has 4.98 K in debt with debt to equity (D/E) ratio of 0.65, which is OK given its current industry classification. BlackRock California has a current ratio of 0.03, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for BlackRock to invest in growth at high rates of return.

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BlackRock California Municipal Income Trust is a closed ended fixed income mutual fund launched by BlackRock, Inc. BlackRock California Municipal Income Trust was formed on July 31, 2001 and is domiciled in United States. Blackrock California is traded on New York Stock Exchange in the United States. BlackRock California Municipal (BFZ) is traded on New York Stock Exchange in USA. It is located in 50 Hudson Yards, New York, NY, United States, 10001 and employs 22 people. BlackRock California is listed under Asset Management & Custody Banks category by Fama And French industry classification.

Management Performance

BlackRock California Leadership Team

Elected by the shareholders, the BlackRock California's board of directors comprises two types of representatives: BlackRock California inside directors who are chosen from within the company, and outside directors, selected externally and held independent of BlackRock. The board's role is to monitor BlackRock California's management team and ensure that shareholders' interests are well served. BlackRock California's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, BlackRock California's outside directors are responsible for providing unbiased perspectives on the board's policies.
Henry Gabbay, Independent Trustee
CFA CFA, Portfolio Mang
Robert Hubbard, Independent Trustee
Karen Robards, Independent Vice Chairman of the Board of Trustees
Richard Cavanagh, Independent Co-Chairman of the Board of Trustees
Charles Park, Chief Compliance Officer
Frank Fabozzi, Independent Trustee
J Holloman, Independent Trustee
Janey Ahn, Secretary
John Perlowski, President, Chief Executive Officer, Director
Michael Castellano, Independent Trustee
Cynthia Egan, Independent Trustee
Jay Fife, Treasurer
Jonathan Diorio, Vice President
Robert Fairbairn, Trustee
Walter CFA, Portfolio Manager
Neal Andrews, Chief Financial Officer
Trent Walker, Chief Financial Officer
Catherine Lynch, Independent Trustee
CFA Jaeckel, Portfolio Manager
Stayce Harris, Independent Trustee
W Kester, Independent Trustee

BlackRock Stock Performance Indicators

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Additional Tools for BlackRock Stock Analysis

When running BlackRock California's price analysis, check to measure BlackRock California's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy BlackRock California is operating at the current time. Most of BlackRock California's value examination focuses on studying past and present price action to predict the probability of BlackRock California's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BlackRock California's price. Additionally, you may evaluate how the addition of BlackRock California to your portfolios can decrease your overall portfolio volatility.