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Upturn AI SWOT - About
BlackRock California Municipal Income Closed Fund (BFZ)
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Upturn Advisory Summary
09/17/2025: BFZ (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Analysis of Past Performance
Type Stock | Historic Profit -1.6% | Avg. Invested days 29 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  3.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 09/17/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 324.69M USD | Price to earnings Ratio 83.08 | 1Y Target Price - |
Price to earnings Ratio 83.08 | 1Y Target Price - | ||
Volume (30-day avg) - | Beta 0.58 | 52 Weeks Range 10.00 - 11.72 | Updated Date 06/29/2025 |
52 Weeks Range 10.00 - 11.72 | Updated Date 06/29/2025 | ||
Dividends yield (FY) 6.56% | Basic EPS (TTM) 0.13 |
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 17.17% | Operating Margin (TTM) 83.48% |
Management Effectiveness
Return on Assets (TTM) 2.13% | Return on Equity (TTM) 1.12% |
Valuation
Trailing PE 83.08 | Forward PE - | Enterprise Value 516447616 | Price to Sales(TTM) 13.01 |
Enterprise Value 516447616 | Price to Sales(TTM) 13.01 | ||
Enterprise Value to Revenue 67.4 | Enterprise Value to EBITDA - | Shares Outstanding 30063600 | Shares Floating - |
Shares Outstanding 30063600 | Shares Floating - | ||
Percent Insiders - | Percent Institutions 36.15 |
Upturn AI SWOT
BlackRock California Municipal Income Closed Fund
Company Overview
History and Background
BlackRock California Municipal Income Closed Fund (BFZ) was established to provide current income exempt from federal and California state income taxes. It focuses on investing in municipal securities issued by California entities.
Core Business Areas
- Municipal Bond Investments: Primary business segment involving investment in a portfolio of California municipal bonds.
Leadership and Structure
The fund is managed by BlackRock Advisors, LLC. Portfolio management teams oversee investment decisions and strategy.
Top Products and Market Share
Key Offerings
- California Municipal Bonds: The fund primarily invests in California municipal bonds, aiming for tax-exempt income for California residents. Market share data is not directly applicable to this specific fund, but rather to the larger California municipal bond market, where BlackRock has a significant presence as an asset manager. Competitors include other closed-end funds and mutual funds specializing in California municipal bonds.
Market Dynamics
Industry Overview
The municipal bond market is influenced by factors such as interest rates, credit quality of issuers, and tax policies. Demand is driven by investors seeking tax-advantaged income.
Positioning
BFZ is positioned as a tax-exempt income provider for California residents, leveraging BlackRock's expertise in fixed-income investments.
Total Addressable Market (TAM)
The TAM is the total value of the California municipal bond market. BFZ is positioned to capture a portion of this market through its fund offerings.
Upturn SWOT Analysis
Strengths
- Experienced management team (BlackRock)
- Tax-exempt income for California residents
- Diversified portfolio of municipal bonds
Weaknesses
- Closed-end fund structure can lead to trading at a discount to NAV
- Sensitivity to interest rate changes
- Concentration in California municipal bonds
Opportunities
- Increasing demand for tax-exempt income
- Potential for capital appreciation from bond price increases
- Expansion into new municipal bond sectors
Threats
- Rising interest rates
- Deterioration of credit quality of California municipalities
- Changes in tax laws reducing the attractiveness of municipal bonds
Competitors and Market Share
Key Competitors
- NUVEEN CA MUNICIPAL VALUE FUND INC (NCA)
- EATON VANCE CALIF MUNICIPAL INC (EVM)
- FRANKLIN CA TAX-FREE TRUST (FTF)
Competitive Landscape
BFZ competes with other closed-end funds and mutual funds that invest in California municipal bonds. BlackRock's scale and expertise are competitive advantages.
Growth Trajectory and Initiatives
Historical Growth: Growth depends on the performance of the underlying municipal bonds and investor demand. Historical performance varies with market conditions.
Future Projections: Future growth is tied to the outlook for the California municipal bond market and the fund's ability to generate tax-exempt income.
Recent Initiatives: Recent initiatives might include adjustments to the portfolio composition or changes in distribution policy.
Summary
BlackRock California Municipal Income Closed Fund offers California residents a tax-advantaged income stream through municipal bond investments. While the fund benefits from BlackRock's expertise, it faces risks from interest rate changes and credit quality. Its closed-end structure can lead to price volatility, and it is important for investors to be aware of these factors.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company website
- SEC filings
- Financial news sources
Disclaimers:
This analysis is for informational purposes only and should not be considered investment advice. Data accuracy is not guaranteed.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About BlackRock California Municipal Income Closed Fund
Exchange NYSE | Headquaters New York, NY, United States | ||
IPO Launch date 2001-07-27 | CEO - | ||
Sector Financial Services | Industry Asset Management | Full time employees - | |
Full time employees - | |||
BlackRock California Municipal Income Trust is a closed ended fixed income mutual fund launched by BlackRock, Inc. It is managed by BlackRock Advisors, LLC. The fund invests in fixed income markets. It invests primarily in investment grade municipal bonds that are exempt from regular federal and California income taxes. BlackRock California Municipal Income Trust was formed on July 31, 2001 and is domiciled in United States.
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