W Kester - Blackrock Muniholdings Independent Trustee

MHN Fund  USD 10.61  0.03  0.28%   
W Kester is Fund Manager at Blackrock Muniholdings Ny
Age 70
Tenure 17 years
Phone212 810 5300
Webhttps://www.blackrock.com/investing/products/240272/blackrock-muniholdings-new-york-insured-fund-inc-usd-fund

W Kester Latest Insider Activity

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

Blackrock Muniholdings Management Performance (%)

The company has Return on Asset of 1.73 % which means that on every $100 spent on assets, it made $1.73 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of (1.03) %, meaning that it generated no profit with money invested by stockholders. Blackrock Muniholdings' management efficiency ratios could be used to measure how well Blackrock Muniholdings manages its routine affairs as well as how well it operates its assets and liabilities.
Blackrock Muniholdings Ny has 291.03 M in debt with debt to equity (D/E) ratio of 0.66, which is OK given its current industry classification. Blackrock Muniholdings has a current ratio of 0.21, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist Blackrock Muniholdings until it has trouble settling it off, either with new capital or with free cash flow. So, Blackrock Muniholdings' 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 Muniholdings 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 Muniholdings' use of debt, we should always consider it together with cash and equity.

Similar Money Managers

Showing other executives

One Year Return

Robert FairbairnBlackrock Muniholdings Quality
56
Catherine LynchBlackrock Muniholdings Quality
60
Amanda MooradianMFS High Income
41
John ClarkMFS Investment Grade
52
John CaroselliMFS Investment Grade
66
Robert FairbairnBlackrock Muniyield Quality
55
Cynthia EganBlackrock Muniholdings Quality
66
W BradleyDTF Tax Free
46
J HollomanBlackrock Muniholdings Quality
66
R HubbardBlackrock Muniholdings Quality
62
Marcus SmithEaton Vance National
55
Kasey PhillipsMFS Investment Grade
49
Michael RobergeMFS Investment Grade
53
James KilmanMFS Investment Grade
59
John CaroselliMFS High Income
66
Payson CFAEaton Vance National
N/A
Kasey PhillipsMFS High Income
49
Stayce HarrisMunivest Fund
62
Michael RobergeMFS High Income
53
Peter JonesMFS High Income
65
Mark FettingEaton Vance National
67
BlackRock MuniHoldings New York Quality Fund, Inc. is a closed ended fixed income mutual fund launched by BlackRock, Inc. BlackRock MuniHoldings New York Quality Fund, Inc. was formed on September 19, 1997 and is domiciled in United States. Blackrock Muniholdings is traded on New York Stock Exchange in the United States. The fund is not categorized under any group at the present time.

Management Performance

Blackrock Muniholdings Leadership Team

Elected by the shareholders, the Blackrock Muniholdings' board of directors comprises two types of representatives: Blackrock Muniholdings 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 Muniholdings' management team and ensure that shareholders' interests are well served. Blackrock Muniholdings' 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 Muniholdings' outside directors are responsible for providing unbiased perspectives on the board's policies.
Henry Gabbay, Independent Trustee
Robert Hubbard, Independent Trustee
Karen Robards, Independent Vice Chairman of the Board of Trustees
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, Trustee
Neal Andrews, Chief Financial Officer
Trent Walker, Chief Financial Officer
Catherine Lynch, Independent Trustee
Stayce Harris, Independent Trustee
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 Muniholdings 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.

Pair Trading with Blackrock Muniholdings

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Blackrock Muniholdings position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Blackrock Muniholdings will appreciate offsetting losses from the drop in the long position's value.

Moving together with Blackrock Fund

  0.89EIM Eaton Vance MbfPairCorr
  0.83IIF Morgan Stanley IndiaPairCorr

Moving against Blackrock Fund

  0.43FEN First Trust EnergyPairCorr
The ability to find closely correlated positions to Blackrock Muniholdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Blackrock Muniholdings when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Blackrock Muniholdings - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Blackrock Muniholdings Ny to buy it.
The correlation of Blackrock Muniholdings is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Blackrock Muniholdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Blackrock Muniholdings moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Blackrock Muniholdings can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in Blackrock Fund

Blackrock Muniholdings financial ratios help investors to determine whether Blackrock Fund 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 Muniholdings security.
Global Correlations
Find global opportunities by holding instruments from different markets
Performance Analysis
Check effects of mean-variance optimization against your current asset allocation
AI Portfolio Architect
Use AI to generate optimal portfolios and find profitable investment opportunities
Bond Analysis
Evaluate and analyze corporate bonds as a potential investment for your portfolios.