Michael Castellano - Blackrock Maryland Independent Trustee
Michael Castellano is Fund Manager at Blackrock Maryland Municipal
Mr. Michael J. Castellano is Independent Trustee of Blackrock Maryland Municipal Bond Trust since 2011. He was Chief Financial Officer of Lazard Group LLC from 2001 to 2011 Chief Financial Officer of Lazard Ltd from 2004 to 2011 Director, Support Aging Religions since 2009 Director, National Advisory Board of Church Management at Villanova University since 2010 Trustee, Domestic Church Media Foundation since 2012.
| Age | 73 |
| Tenure | 14 years |
| Phone | 302-797-2000 |
| Web | http://www.blackrock.com/investing/products/240217/blackrock-maryland-municipal-bond-trust-usd-fund |
Blackrock Maryland Management Performance (%)
The company has Return on Asset of 1.61 % which means that on every $100 spent on assets, it made $1.61 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of (0.05) %, meaning that it generated no profit with money invested by stockholders. Blackrock Maryland's management efficiency ratios could be used to measure how well Blackrock Maryland manages its routine affairs as well as how well it operates its assets and liabilities.Blackrock Maryland Municipal has 18.97 M in debt with debt to equity (D/E) ratio of 0.6, which is OK given its current industry classification. Blackrock Maryland has a current ratio of 0.16, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist Blackrock Maryland until it has trouble settling it off, either with new capital or with free cash flow. So, Blackrock Maryland'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 Maryland 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 Maryland's use of debt, we should always consider it together with cash and equity.
Management Performance
| Return On Equity | -0.05 | |||
| Return On Asset | 1.61 |
Blackrock Maryland Leadership Team
Elected by the shareholders, the Blackrock Maryland's board of directors comprises two types of representatives: Blackrock Maryland 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 Maryland's management team and ensure that shareholders' interests are well served. Blackrock Maryland'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 Maryland's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Robert Crothers, Vice President | ||
| Henry Gabbay, Independent Trustee | ||
| Kathleen Feldstein, Independent Trustee | ||
| Robert Hubbard, Independent Trustee | ||
| Karen Robards, Independent Vice Chairman of the Board of Trustees | ||
| Richard Cavanagh, Independent Chairman of the Board of Trustees | ||
| Jerrold Harris, Independent Trustee | ||
| James Flynn, Independent Trustee | ||
| Frank Fabozzi, Independent Trustee | ||
| Janey Ahn, Secretary | ||
| John Perlowski, President, Chief Executive Officer | ||
| Michael Castellano, Independent Trustee | ||
| Anne Ackerley, Vice President | ||
| Jay Fife, Treasurer | ||
| Brian Kindelan, Chief Compliance Officer and Anti-Money Laundering Officer | ||
| Paul Audet, Independent Trustee | ||
| Neal Andrews, Chief Financial Officer | ||
| Brendan Kyne, Vice President | ||
| W Kester, Independent Trustee |
Blackrock Fund Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right fund is not an easy task. Is Blackrock Maryland 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.
| Return On Equity | -0.05 | |||
| Return On Asset | 1.61 | |||
| Profit Margin | (0.77) % | |||
| Operating Margin | 70.79 % | |||
| Current Valuation | 50.21 M | |||
| Shares Outstanding | 2.08 M | |||
| Shares Owned By Institutions | 6.41 % | |||
| Number Of Shares Shorted | 2.77 K | |||
| Price To Earning | 8.09 X | |||
| Price To Book | 0.99 X |
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Other Consideration for investing in Blackrock Fund
If you are still planning to invest in Blackrock Maryland check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Blackrock Maryland's history and understand the potential risks before investing.
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