Michael Castellano - BlackRock Income Independent Trustee

BKT Etf  USD 11.72  0.04  0.34%   
Michael Castellano is Portfolio Manager at BlackRock Income Closed
Mr. Michael J. Castellano is an Independent Trustee of BlackRock Income Trust, Inc. The Boards benefit from Mr. Castellanos career in accounting which spans over forty years. Mr. Castellano has served as Chief Financial Officer of Lazard Ltd. and as a Managing Director and Chief Financial Officer of Lazard Group. Prior to joining Lazard, Mr. Castellano held various senior management positions at Merrill Lynch Co., including Senior Vice President Chief Control Officer for Merrill Lynchs capital markets businesses, Chairman of Merrill Lynch International Bank and Senior Vice President Corporationrationrate Controller. Prior to joining Merrill Lynch Co., Mr. Castellano was a partner with Deloitte Touche where he served a number of investment banking clients over the course of his 24 years with the firm. Mr. Castellano currently serves as a director for CircleBlack Inc., a financial technology company. Mr. Castellanos knowledge of financial and accounting matters qualifies him to serve as Chair of the Audit Committee. Mr. Castellanos independence from the Funds and the Advisor enhances his service as a member of the Governance Committee and the Performance Oversight Committee.
Age 75
Tenure 13 years
Phone(61) 8 9389 4400
Webwww.blackrockmining.com.au

BlackRock Income Management Efficiency

The company has Return on Asset of 1.2 % which means that on every $100 spent on assets, it made $1.2 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of (13.52) %, meaning that it generated no profit with money invested by stockholders. BlackRock Income's management efficiency ratios could be used to measure how well BlackRock Income manages its routine affairs as well as how well it operates its assets and liabilities.
BlackRock Income Closed has 131.44 M in debt with debt to equity (D/E) ratio of 0.42, which is OK given its current industry classification. BlackRock Income Closed 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. Debt can assist BlackRock Income until it has trouble settling it off, either with new capital or with free cash flow. So, BlackRock Income's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like BlackRock Income Closed sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for BlackRock to invest in growth at high rates of return. When we think about BlackRock Income's use of debt, we should always consider it together with cash and equity.

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BlackRock Income Trust, Inc. is a closed ended fixed income mutual fund launched by BlackRock, Inc. Blackrockome Trust is traded on New York Stock Exchange in the United States. BlackRock Income Closed [BKT] is traded in USA and was established 1988-08-01.

Management Performance

BlackRock Income Closed Money Managers

Henry Gabbay, Independent Trustee
Robert Hubbard, Independent Trustee
Karen Robards, Independent Co-Chairman of the Board of the Trustee
Richard Cavanagh, Independent Co-Chairman of the Board of Trustee
Charles Park, Chief Compliance Officer and Anti- Money Laundering Officer
Frank Fabozzi, Independent Trustee
J Holloman, Independent Trustee
Janey Ahn, Secretary
John Perlowski, President, Chief Executive Officer, Trustee
Michael Castellano, Independent Trustee
Cynthia Egan, Independent Trustee
Jay Fife, Treasurer
Jonathan Diorio, Vice President
Robert Fairbairn, Senior Managing Director
Neal Andrews, Chief Financial Officer
Trent Walker, Chief Financial Officer
Catherine Lynch, Independent Trustee
Stayce Harris, Independent Trustee
W Kester, Independent Trustee

BlackRock Etf Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right etf is not an easy task. Is BlackRock Income a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Thematic Opportunities

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Other Information on Investing in BlackRock Etf

BlackRock Income financial ratios help investors to determine whether BlackRock Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in BlackRock with respect to the benefits of owning BlackRock Income security.