Frank Fabozzi - Blackrock Muni Independent Trustee

MUI Fund  USD 11.62  0.01  0.09%   
Frank Fabozzi is Fund Manager at Blackrock Muni Intermediate
Dr. Frank J. Fabozzi serves as Independent Trustee of BlackRock Muni Intermediate Duration Fund, Inc. Dr. Fabozzi has served for over 25 years on the boards of registered investment companies. Dr. Fabozzi holds the designations of Chartered Financial Analyst and Certified Public Accountant. Dr. Fabozzi was inducted into the Fixed Income Analysts Societys Hall of Fame and is the 2007 recipient of the C. Stewart Sheppard Award and the 2015 recipient of the James R. Vertin Award, both given by the CFA Institute. The Boards benefit from Dr. Fabozzis experiences as a professor and author in the field of finance. Dr. Fabozzis experience as a professor at various institutions, including EDHEC Business School, Yale, MIT, and Princeton, as well as Dr. Fabozzis experience as a Professor in the Practice of Finance and Becton Fellow at the Yale University School of Management and as editor of the Journal of Portfolio Management demonstrates his wealth of expertise in the investment management and structured finance areas. Dr. Fabozzi has authored and edited numerous books and research papers on topics in investment management and financial econometrics, and his writings have focused on fixed income securities and portfolio management, many of which are considered standard references in the investment management industry
Age 73
Tenure 17 years
Professional MarksPh.D
Phone212 810 5300
Webhttps://www.blackrock.com/investing/products/240205/blackrock-muni-intermediate-duration-fund-inc-usd-fund
Fabozzi’s longstanding service on the Boards also provides him with a specific understanding of the Funds, their operations and the business and regulatory issues facing the Funds. Moreover, Dr. Fabozzi’s knowledge of financial and accounting matters qualifies him to serve as a member of each Fund’s Audit Committee..

Blackrock Muni Management Performance (%)

The company has Return on Asset of 1.2 % which means that on every $100 spent on assets, it made $1.2 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of (11.9) %, meaning that it generated no profit with money invested by stockholders. Blackrock Muni's management efficiency ratios could be used to measure how well Blackrock Muni manages its routine affairs as well as how well it operates its assets and liabilities.
The company has 742.23 M in debt with debt to equity (D/E) ratio of 0.75, which is OK given its current industry classification. Blackrock Muni Inter has a current ratio of 0.04, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist Blackrock Muni until it has trouble settling it off, either with new capital or with free cash flow. So, Blackrock Muni'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 Muni Inter 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 Muni's use of debt, we should always consider it together with cash and equity.

Similar Money Managers

Showing other executives

One Year Return

Bradford GallagherPimco New York
75
Richard CochranPimco New York
53
Peter StrelowPimco New York
51
Vadim AvdeychikPimco California Municipal
39
James JacobsonPimco California Municipal
74
Jason NaglerPimco California Municipal
39
Bijal ParikhPimco New York
43
Vadim AvdeychikPimco New York
36
Ryan LeshawPimco California Municipal
41
Peter StrelowPimco California Municipal
51
Trent WalkerPimco New York
44
Youse GuiaPimco California Municipal
46
William OgdenPimco New York
75
Stacie AnctilPimco California Municipal
50
Ryan LeshawPimco New York
41
Bijal ParikhPimco California Municipal
43
John ManeyPimco California Municipal
62
Thomas HarterPimco New York
39
Alan RappaportPimco California Municipal
68
Lawrence AltadonnaPimco California Municipal
52
James JacobsonPimco New York
76
BlackRock Muni Intermediate Duration Fund, Inc. is a closed ended fixed income mutual fund launched by BlackRock, Inc. BlackRock Muni Intermediate Duration Fund, Inc. was formed on August 1, 2003 and is domiciled in United States. Blackrock Muni is traded on New York Stock Exchange in the United States. The fund is not categorized under any group at the present time.

Management Performance

Blackrock Muni Inter Leadership Team

Elected by the shareholders, the Blackrock Muni's board of directors comprises two types of representatives: Blackrock Muni 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 Muni's management team and ensure that shareholders' interests are well served. Blackrock Muni'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 Muni's outside directors are responsible for providing unbiased perspectives on the board's policies.
Henry Gabbay, Independent Trustee
Kathleen Feldstein, Independent Trustee
Lorenzo Flores, 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, Trustee, Member of Executive Committee and President of Blackrock Muniholdings Investment Quality Fund and President of Blackrock Muniyield Investment Fund and President of Blackrock Muniyield Investment Quality Fund and President of Blackrock Muniyield Pennsylvania Quality Fund
Trent Walker, Chief Financial Officer
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
J Holloman, Independent Trustee
John Perlowski, President, Chief Executive Officer, Trustee
Jay Fife, Treasurer
Robert Fairbairn, Trustee
Neal Andrews, Chief Financial Officer
Stayce Harris, Independent Trustee
Glenn Hubbard, 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 Muni 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 Muni 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 Muni's short interest history, or implied volatility extrapolated from Blackrock Muni 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Blackrock Muni Intermediate. Also, note that the market value of any fund could be tightly coupled with the direction of predictive economic indicators such as signals in employment.
You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
Please note, there is a significant difference between Blackrock Muni's value and its price as these two are different measures arrived at by different means. Investors typically determine if Blackrock Muni is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Blackrock Muni'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.