Michael Castellano - Blackrock Muniyield Independent Trustee

Michael Castellano is Fund Manager at Blackrock Muniyield Investment
Mr. Michael J. Castellano is Independent Trustee of BlackRock MuniYield Investment Quality Fund. Mr. Castellano has 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 Religious from 2009 to June 2015 Director, National Advisory Board of Church Management at Villanova University since 2010 Trustee, Domestic Church Media Foundation since 2012 Director, CircleBlack Inc. since 2015.
Age 73
Tenure 13 years
Phone302-797-2000
Webhttp://www.blackrock.com/investing/products/240198/blackrock-muniyield-investment-quality-fund

Blackrock Muniyield Management Performance (%)

The company has Return on Asset of 2.07 % which means that on every $100 spent on assets, it made $2.07 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 5.03 %, implying that it generated $5.03 on every 100 dollars invested. Blackrock Muniyield's management efficiency ratios could be used to measure how well Blackrock Muniyield manages its routine affairs as well as how well it operates its assets and liabilities.
The company has 83.61 M in debt with debt to equity (D/E) ratio of 0.69, which is OK given its current industry classification. Blackrock Muniyield has a current ratio of 0.03, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist Blackrock Muniyield until it has trouble settling it off, either with new capital or with free cash flow. So, Blackrock Muniyield'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 Muniyield 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 Muniyield's use of debt, we should always consider it together with cash and equity.

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BlackRock MuniYield Investment Quality Fund is a closed ended fixed income mutual fund launched by BlackRock, Inc. BlackRock MuniYield Investment Quality Fund was formed in October 30, 1992 and is domiciled in United States. Blackrock MuniYield operates under Asset Management classification in the United States and is traded on New York Stock Exchange. The fund is not categorized under any group at the present time.

Management Performance

Blackrock Muniyield Leadership Team

Elected by the shareholders, the Blackrock Muniyield's board of directors comprises two types of representatives: Blackrock Muniyield 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 Muniyield's management team and ensure that shareholders' interests are well served. Blackrock Muniyield'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 Muniyield'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
Anne Ackerley, Vice President
Cynthia Egan, Independent Trustee
Jonathan Diorio, Vice President
Barbara Novick, Trustee
Paul Audet, President Trustee
Catherine Lynch, Independent Trustee
Brendan Kyne, Vice President
Carl Kester, Independent Trustee
Robert Crothers, Vice President
Robert Hubbard, Independent Trustee
Karen Robards, Independent Vice Chairperson 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, Director/Trustee
Jay Fife, Treasurer
Robert Fairbairn, Trustee
Brian Kindelan, Chief Compliance Officer, Anti-Money Laundering Officer
Neal Andrews, Chief Financial Officer
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 Muniyield 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.

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Note that the Blackrock Muniyield information on this page should be used as a complementary analysis to other Blackrock Muniyield'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 Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.

Other Consideration for investing in Blackrock Fund

If you are still planning to invest in Blackrock Muniyield check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Blackrock Muniyield's history and understand the potential risks before investing.
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