Brendan Kyne - Blackrock Enhanced VP

BDJ Fund  USD 7.89  0.03  0.38%   
Brendan Kyne is Fund Manager at Blackrock Enhanced Equity
Mr. Brendan Kyne is Vice President of BlackRock Enhanced Equity Dividend Trust. He is Managing Director of BlackRock Inc. since 2010 Director of BlackRock Inc. from 2008 to 2009 Head of Americas Product Development for BlackRock since 2013 Head of Product Development and Management for BlackRocks U.S. Retail Group 2009 to 2013 and Cohead thereof from 2007 to 2009 Vice President of BlackRock Inc. from 2005 to 2008.
Age 37
Tenure 15 years
Phone212 810 5300
Webhttps://www.blackrock.com/investing/products/240225/blackrock-enhanced-equity-dividend-trust-usd-fund

Blackrock Enhanced Management Performance (%)

The company has Return on Asset of 0.96 % which means that on every $100 spent on assets, it made $0.96 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of (4.73) %, meaning that it generated no profit with money invested by stockholders. Blackrock Enhanced's management efficiency ratios could be used to measure how well Blackrock Enhanced manages its routine affairs as well as how well it operates its assets and liabilities.
The company has 66.28 K in debt. Blackrock Enhanced Equity has a current ratio of 0.5, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist Blackrock Enhanced until it has trouble settling it off, either with new capital or with free cash flow. So, Blackrock Enhanced'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 Enhanced Equity 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 Enhanced's use of debt, we should always consider it together with cash and equity.
BlackRock Enhanced Equity Dividend Trust is a closed-ended equity mutual fund launched by BlackRock, Inc. BlackRock Enhanced Equity Dividend Trust was formed on August 31, 2005 and is domiciled in the United States. Blackrock Enhanced is traded on New York Stock Exchange in the United States. The fund is not filed under any group at the present time.

Management Performance

Blackrock Enhanced Equity Leadership Team

Elected by the shareholders, the Blackrock Enhanced's board of directors comprises two types of representatives: Blackrock Enhanced 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 Enhanced's management team and ensure that shareholders' interests are well served. Blackrock Enhanced'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 Enhanced's outside directors are responsible for providing unbiased perspectives on the board's policies.
Henry Gabbay, Independent Trustee
Kathleen Feldstein, Independent Trustee
Richard Cavanagh, Independent Co-Chairman of the Board of Trustee
Janey Ahn, Secretary
Michael Castellano, Independent Trustee
Cynthia Egan, Independent Trustee
Jonathan Diorio, Vice President
Barbara Novick, Trustee
Paul Audet, Trustee
Trent Walker, Chief Financial Officer
Catherine Lynch, Independent Trustee
Brendan Kyne, VP
Carl Kester, Independent Trustee
Robert Crothers, Vice President
Robert Hubbard, Independent Trustee
Phillip Holloman, Independent Trustee
Karen Robards, Independent Vice Chairman of the Board of Trustees
Charles Park, Chief Compliance Officer and Anti-Money Laundering Officer
Jerrold Harris, Independent Trustee
James Flynn, Independent Trustee
Frank Fabozzi, Independent Trustee
John Perlowski, President, Chief Executive Officer, Trustee
Jay Fife, Treasurer
Robert Fairbairn, Trustee
Neal Andrews, Chief Financial Officer
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 Enhanced 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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Blackrock Enhanced in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Blackrock Enhanced's short interest history, or implied volatility extrapolated from Blackrock Enhanced options trading.

Pair Trading with Blackrock Enhanced

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 Enhanced 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 Enhanced will appreciate offsetting losses from the drop in the long position's value.

Moving together with Blackrock Fund

  0.78ENPIX Oil Gas UltrasectorPairCorr
  0.75ENPSX Oil Gas UltrasectorPairCorr
  0.94SMPIX Semiconductor UltrasectorPairCorr
  0.89OSPPX Oppenheimer Steelpath MlpPairCorr
  0.89SPMPX Invesco Steelpath MlpPairCorr
The ability to find closely correlated positions to Blackrock Enhanced 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 Enhanced 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 Enhanced - 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 Enhanced Equity to buy it.
The correlation of Blackrock Enhanced 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 Enhanced moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Blackrock Enhanced Equity 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 Enhanced 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
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Blackrock Enhanced Equity. Also, note that the market value of any fund could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.
Note that the Blackrock Enhanced Equity information on this page should be used as a complementary analysis to other Blackrock Enhanced's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Please note, there is a significant difference between Blackrock Enhanced's value and its price as these two are different measures arrived at by different means. Investors typically determine if Blackrock Enhanced is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Blackrock Enhanced'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.