BlackRock California Municipal Income Trust (BFZ) Stock
The BlackRock California Municipal Income Trust (BFZ) functions as a closed-end mutual fund focused on fixed income securities. Launched by BlackRock, Inc., its investment strategy and daily management are handled by BlackRock Advisors, LLC.
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About BlackRock California Municipal Income Trust
The BlackRock California Municipal Income Trust (BFZ) functions as a closed-end mutual fund focused on fixed income securities. Launched by BlackRock, Inc., its investment strategy and daily management are handled by BlackRock Advisors, LLC. The fund predominantly allocates its assets to high-quality municipal bonds, which are specifically chosen for their exemption from standard federal and California income taxes. This U.S.-domiciled trust was established on July 31, 2001.
BlackRock California Municipal Income Trust is headquartered in US.
BlackRock California Municipal Income Trust (BFZ) stock trades at $11.11 with a market capitalization of $334.01M. The stock is valued at a price-to-earnings (P/E) ratio of -14.06, price-to-book of 0.98, price-to-sales of 13.04. Over the past 52 weeks the stock has ranged between $10.17 and $11.47, and currently trades 3.1% below its 52-week high. It pays a dividend yielding 5.49%.
On profitability, BlackRock California Municipal Income Trust generates a return on equity (ROE) of -6.54%, return on capital employed of 6.09%, an operating margin of 81.21%, a net profit margin of -92.96%.
Official website: www.blackrock.com/us/individual/products/240213/blackrock-california-municipal-income-trust-usd-fund