Frank Fabozzi - Blackrock Corporate Independent Trustee

HYT Fund  USD 9.79  0.06  0.61%   
Frank Fabozzi is Fund Manager at Blackrock Corporate High
Dr. Frank J. Fabozzi, CPA, is Independent Trustee of the Company. Dr. Fabozzi is Editor of and Consultant for The Journal of Portfolio Management since 1986. Dr. Fabozzi is Professor of Finance, EDHEC Business School since 2011. Dr. Fabozzi is Professor in the Practice of Finance and Becton Fellow, Yale University School of Management from 2006 to 2011. Dr. Fabozzi is Adjunct Professor of Finance and Becton Fellow, Yale University from 1994 to 2006.
Age 73
Tenure 17 years
Phone212 810 5300
Webhttps://www.blackrock.com/investing/products/240182/blackrock-corporate-high-yield-fund-vi-inc-usd-fund

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

Youse GuiaPimco Corporate Income
46
Bijal ParikhPimco High Income
43
Alan RappaportPimco High Income
68
Erik BrownPimco Corporate Income
54
Jason NaglerPimco High Income
39
Harris AshtonTempleton Emerging Markets
89
James JacobsonPimco Corporate Income
75
Frank OlsonTempleton Emerging Markets
83
Stacie AnctilPimco Corporate Income
51
Linda PuchalskiFlaherty Crumrine Preferred
63
Jason NaglerPimco Income Strategy
39
John ManeyPimco High Income
62
Erik BrownPimco Income Strategy
54
Barnaby WienerMfs Prudent Investor
N/A
William OgdenPimco Corporate Income
75
Robert WadeTempleton Emerging Markets
75
Lawrence AltadonnaPimco High Income
50
Alan RappaportPimco Corporate Income
68
Lagan SrivastavaPimco High Income
37
Scott HoganCentral Europe Russia
53
Craig DawsonPimco Corporate Income
50
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.

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 Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.

Complementary Tools for Blackrock Fund analysis

When running Blackrock Corporate's price analysis, check to measure Blackrock Corporate's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Blackrock Corporate is operating at the current time. Most of Blackrock Corporate's value examination focuses on studying past and present price action to predict the probability of Blackrock Corporate's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Blackrock Corporate's price. Additionally, you may evaluate how the addition of Blackrock Corporate to your portfolios can decrease your overall portfolio volatility.
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
Portfolio Dashboard
Portfolio dashboard that provides centralized access to all your investments
Portfolio Anywhere
Track or share privately all of your investments from the convenience of any device
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
CEOs Directory
Screen CEOs from public companies around the world
Pair Correlation
Compare performance and examine fundamental relationship between any two equity instruments
Share Portfolio
Track or share privately all of your investments from the convenience of any device
AI Portfolio Architect
Use AI to generate optimal portfolios and find profitable investment opportunities
Efficient Frontier
Plot and analyze your portfolio and positions against risk-return landscape of the market.
Odds Of Bankruptcy
Get analysis of equity chance of financial distress in the next 2 years
Stock Tickers
Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
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.