Michael Castellano - Blackrock Muniholdings Independent Trustee
MHN Fund | USD 10.96 0.10 0.92% |
Mr. Michael J. Castellano is an Independent Trustee of BlackRock MuniHoldings New York Quality Fund, Inc. Mr. Castellano served as Chief Financial Officer of Lazard Group LLC from 2001 to 2011 Chief Financial Officer of Lazard Ltd from 2004 to 2011 Director, Support Our Aging Religions since 2009 Director, National Advisory Board of Church Management at Villanova University since 2010 Trustee, Domestic Church Media Foundation since 2012.
Age | 75 |
Tenure | 13 years |
Phone | 212 810 5300 |
Web | https://www.blackrock.com/investing/products/240272/blackrock-muniholdings-new-york-insured-fund-inc-usd-fund |
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.Similar Money Managers
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P Richey | Federated Premier Municipal | 71 | |
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Management Performance
Return On Equity | -1.03 | ||||
Return On Asset | 1.73 |
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.
Return On Equity | -1.03 | ||||
Return On Asset | 1.73 | ||||
Profit Margin | (281.10) % | ||||
Operating Margin | 83.69 % | ||||
Current Valuation | 578.01 M | ||||
Shares Outstanding | 31.13 M | ||||
Shares Owned By Institutions | 15.90 % | ||||
Number Of Shares Shorted | 7.08 K | ||||
Price To Earning | 60.83 X | ||||
Price To Book | 0.68 X |
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
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.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.
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