Carl Kester - Blackrock Corporate Independent Trustee

HYT Fund  USD 9.62  0.05  0.52%   
Carl Kester is Fund Manager at Blackrock Corporate High
Dr. W. Carl Kester is Independent Trustee of the Company. He is George Fisher Baker Jr. Professor of Business Administration, Harvard Business School Deputy Dean for Academic Affairs, from 2006 to 2010. He is Chairman of the Finance Department, Harvard Business School, from 2005 to 2006. He is Senior Associate Dean and Chairman of the MBA Program of Harvard Business School, from 1999 to 2005 and Member of the faculty of Harvard Business School since 1981.
Age 67
Tenure 17 years
Professional MarksMBA
Phone212 810 5300
Webhttps://www.blackrock.com/investing/products/240182/blackrock-corporate-high-yield-fund-vi-inc-usd-fund

Carl Kester Latest Insider Activity

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

Blackrock Corporate Management Performance (%)

The company has Return on Asset of 3.1 % which means that on every $100 spent on assets, it made $3.1 of profit. This is considered to be average in the sector. In the same way, it shows a return on shareholders' equity (ROE) of (17.53) %, meaning that it generated no profit with money invested by stockholders. Blackrock Corporate's management efficiency ratios could be used to measure how well Blackrock Corporate manages its routine affairs as well as how well it operates its assets and liabilities.
The company has 494 M in debt with debt to equity (D/E) ratio of 0.43, which is OK given its current industry classification. Blackrock Corporate High has a current ratio of 0.13, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist Blackrock Corporate until it has trouble settling it off, either with new capital or with free cash flow. So, Blackrock Corporate'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 Corporate High 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 Corporate's use of debt, we should always consider it together with cash and equity.

Similar Money Managers

Showing other executives

One Year Return

Jay FifeBlackRock Floating Rate
51
Susan SutherlandEaton Vance Senior
64
Michael CastellanoBlackRock Floating Rate
75
Kathleen FeldsteinBlackRock Floating Rate
77
Paul AudetBlackRock Floating Rate
65
Cynthia FrostEaton Vance Tax Managed
60
James KirchnerEaton Vance Senior
57
Henry GabbayBlackRock Floating Rate
72
George GormanEaton Vance Senior
69
Valerie MosleyEaton Vance Senior
61
Brian KindelanBlackRock Floating Rate
59
Frank FabozziBlackRock Floating Rate
73
James FlynnBlackRock Floating Rate
79
Paul ONeilEaton Vance Senior
65
Valerie MosleyEaton Vance Tax Managed
61
Ronald PearlmanEaton Vance Senior
74
James KirchnerEaton Vance Tax Managed
54
Susan SutherlandEaton Vance Tax Managed
64
Thomas FaustEaton Vance Senior
63
Helen PetersEaton Vance Senior
73
Robert HubbardBlackRock Floating Rate
63
BlackRock Corporate High Yield Fund, Inc. is a close ended fixed income mutual fund launched by BlackRock, Inc. BlackRock Corporate High Yield Fund, Inc. was formed on May 30, 2003 and is domiciled in the United States. Blackrock High is traded on New York Stock Exchange in the United States. The fund is not classified under any group at the present time.

Management Performance

Blackrock Corporate High Leadership Team

Elected by the shareholders, the Blackrock Corporate's board of directors comprises two types of representatives: Blackrock Corporate 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 Corporate's management team and ensure that shareholders' interests are well served. Blackrock Corporate'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 Corporate'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 Trustees
Janey Ahn, Secretary
Michael Castellano, Independent Trustee
Cynthia Egan, Independent Trustee
Jonathan Diorio, Vice President
Barbara Novick, Trustee
Paul Audet, Independent 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 Corporate 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 Corporate 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 Corporate's short interest history, or implied volatility extrapolated from Blackrock Corporate options trading.

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Blackrock Corporate High. Also, note that the market value of any fund could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing.
You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Please note, there is a significant difference between Blackrock Corporate's value and its price as these two are different measures arrived at by different means. Investors typically determine if Blackrock Corporate is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Blackrock Corporate'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.