Frank Fabozzi - Blackrock Muniyield Independent Trustee

MYI Fund  USD 10.93  0.06  0.55%   
Frank Fabozzi is Fund Manager at Blackrock Muniyield Quality
Dr. Frank J. Fabozzi serves as Independent Trustee of BlackRock MuniYield Quality Fund III, 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/240262/blackrock-muniyield-quality-fund-iii-inc-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 Muniyield Management Performance (%)

The company has Return on Asset of 1.77 % which means that on every $100 spent on assets, it made $1.77 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of (13.82) %, meaning that it generated no profit with money invested by stockholders. 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 597.84 M in debt with debt to equity (D/E) ratio of 0.67, which is OK given its current industry classification. Blackrock Muniyield has a current ratio of 0.06, 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 Quality Fund III, Inc. is a closed ended fixed income mutual fund launched by BlackRock, Inc. BlackRock MuniYield Quality Fund III, Inc. was formed in April 13, 1992 and is domiciled in United States. Blackrock Muniyield 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 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, Trustee
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 Chairman of the Board of Trustees
Charles Park, Chief Compliance 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
Brian Kindelan, Chief Compliance Officer and Anti-Money Laundering Officer
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 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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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Blackrock Muniyield Quality. 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.
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Please note, there is a significant difference between Blackrock Muniyield's value and its price as these two are different measures arrived at by different means. Investors typically determine if Blackrock Muniyield is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Blackrock Muniyield'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.