Michael Castellano - BlackRock Long Independent Trustee

BTA Stock  USD 10.31  0.06  0.59%   

Executive

Mr. Michael J. Castellano serves as Independent Trustee of BlackRock LongTerm Municipal Advantage Trust. 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. Mr. Castellanos knowledge of financial and accounting matters qualifies him to serve as a member of each Funds Audit Committee. since 2011.
Age 75
Tenure 13 years
Address 50 Hudson Yards, New York, NY, United States, 10001
Phone212 810 5300
Webhttps://www.blackrock.com/investing/products/24022

BlackRock Long Management Efficiency

The company has Return on Asset of 0.0249 % which means that on every $100 spent on assets, it made $0.0249 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0842 %, implying that it generated $0.0842 on every 100 dollars invested. BlackRock Long's management efficiency ratios could be used to measure how well BlackRock Long manages its routine affairs as well as how well it operates its assets and liabilities. The current year's Return On Tangible Assets is expected to grow to -0.02. In addition to that, Return On Capital Employed is expected to decline to 0.04. At present, BlackRock Long's Non Current Assets Total are projected to decrease significantly based on the last few years of reporting. The current year's Other Current Assets is expected to grow to about 758.8 K, whereas Total Assets are forecasted to decline to about 216.7 M.
BlackRock Long Term Municipal has 87.37 M in debt with debt to equity (D/E) ratio of 0.72, which is OK given its current industry classification. BlackRock Long Term has a current ratio of 0.05, 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.

Similar Executives

Showing other executives

EXECUTIVE Age

Maureen GoldfarbMFS Municipal Income
65
Brian LangenfeldMFS Investment Grade
51
Frank FabozziBlackrock Muniyield Quality
72
Charles ParkBlackrock Muniyield Quality
54
Robert HubbardBlackrock Muniyield
63
Catherine LynchBlackrock Muniyield Quality
59
Henry GabbayBlackrock Muniholdings Quality
72
Maryanne RoepkeMFS Investment Grade
64
Warren ThomsonJohn Hancock Income
64
CFA JaeckelBlackRock Municipal Income
63
Janey AhnBlackrock Muniyield
46
Clarence OtisMFS Municipal Income
64
Jay FifeBlackrock Muniholdings Ny
51
Janey AhnBlackrock Munivest
46
Robert HubbardBlackrock Muniyield Quality
63
Charles ParkBlackRock Investment Quality
57
Frank FabozziBlackrock Munivest
73
Frank FabozziBlackRock Municipal Income
73
Henry GabbayBlackrock Muni Intermediate
72
Robert ManningMFS High Income
56
Kino ClarkMFS Municipal Income
52
BlackRock Long-Term Municipal Advantage Trust is a closed ended fixed income mutual fund launched by BlackRock, Inc. BlackRock Long-Term Municipal Advantage Trust was formed on February 28, 2006 and is domiciled in United States. Blackrock Long-Term is traded on New York Stock Exchange in the United States. BlackRock Long Term Municipal (BTA) 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 Long is listed under Asset Management & Custody Banks category by Fama And French industry classification.

Management Performance

BlackRock Long Term Leadership Team

Elected by the shareholders, the BlackRock Long's board of directors comprises two types of representatives: BlackRock Long 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 Long's management team and ensure that shareholders' interests are well served. BlackRock Long'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 Long'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 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, 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

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is BlackRock Long 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.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether BlackRock Long Term offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of BlackRock Long's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Blackrock Long Term Municipal Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Blackrock Long Term Municipal Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BlackRock Long Term Municipal. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of BlackRock Long. If investors know BlackRock will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about BlackRock Long listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.83)
Dividend Share
0.522
Earnings Share
0.89
Revenue Per Share
0.799
Quarterly Revenue Growth
(0.01)
The market value of BlackRock Long Term is measured differently than its book value, which is the value of BlackRock that is recorded on the company's balance sheet. Investors also form their own opinion of BlackRock Long's value that differs from its market value or its book value, called intrinsic value, which is BlackRock Long's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because BlackRock Long's market value can be influenced by many factors that don't directly affect BlackRock Long's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between BlackRock Long's value and its price as these two are different measures arrived at by different means. Investors typically determine if BlackRock Long is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BlackRock Long's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.