BlackRock Municipal Income Closed Fund Asset Resilience Ratio
BlackRock Municipal Income Closed Fund asset resilience ratio. BlackRock Municipal Income Closed Fund (BFK) has an Asset Resilience Ratio of -1.25% as of July 2023. The Asset Resilience Ratio measures the percentage of a company's total assets that are held in liquid form (cash and short-term investments). This metric indicates how well-positioned the company is to handle unexpected financial challenges, economic downturns, or strategic opportunities without requiring external financing. See BlackRock Municipal Income Closed Fund (BFK) defensive interval to measure how many days the company can operate on defensive assets alone.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio of BlackRock Municipal Income Closed Fund (2015–2023)
Asset resilience ratio of BlackRock Municipal Income Closed Fund from 2015 to 2023. This chart shows how BlackRock Municipal Income Closed Fund's Asset Resilience Ratio has changed over time. Read BlackRock Municipal Income Closed Fund (BFK) financial obligations for a breakdown of total debt and financial obligations.
Liquid Assets Composition Over Time
This chart breaks down BlackRock Municipal Income Closed Fund's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. For the complete balance sheet picture, see total assets of BlackRock Municipal Income Closed Fund.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0% |
| Short-term Investments | $-10.22 Million | -1.25% |
| Total Liquid Assets | $-10.22 Million | -1.25% |
Asset Resilience Insights
- Limited Liquidity: BlackRock Municipal Income Closed Fund maintains only -1.25% of assets in liquid form.
- This low level may indicate efficient asset utilization but could pose risks during economic downturns.
- The company primarily holds liquidity in cash and equivalents rather than short-term investments.
BlackRock Municipal Income Closed Fund Industry Peers by Asset Resilience Ratio
Compare BlackRock Municipal Income Closed Fund's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Bajaj Holdings & Investment Limited
NSE:BAJAJHLDNG |
Asset Management | 1.12% |
|
IGM Financial Inc.
TO:IGM |
Asset Management | 12.70% |
|
Groep Brussel Lambert NV
BR:GBLB |
Asset Management | 3.60% |
|
Sprott Physical Gold and Silver Trust
TO:CEF |
Asset Management | 99.66% |
|
Australian Foundation Investment Company Ltd
AU:AFI |
Asset Management | 0.01% |
|
Golub Capital BDC Inc
NASDAQ:GBDC |
Asset Management | -96.41% |
|
CI Financial Corp
TO:CIX |
Asset Management | 1.81% |
|
Australian United Investment Company Ltd
AU:AUI |
Asset Management | 0.01% |
BlackRock Municipal Income Closed Fund Asset Resilience Ratio by Year (2015–2023)
BlackRock Municipal Income Closed Fund asset resilience ratio by year from 2015 to 2023. The table below shows the annual Asset Resilience Ratio data for BlackRock Municipal Income Closed Fund.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2023-07-31 | -1.25% | $-10.22 Million | $819.33 Million | +19.93pp |
| 2022-07-31 | -21.18% | $-202.01 Million | $953.88 Million | +4.41pp |
| 2021-07-31 | -25.59% | $-275.28 Million | $1.08 Billion | +3.28pp |
| 2020-07-31 | -28.87% | $-286.42 Million | $992.17 Million | -0.39pp |
| 2019-07-31 | -28.48% | $-293.28 Million | $1.03 Billion | -- |
| 2018-07-31 | 0.00% | $0.00 | $1.07 Billion | -- |
| 2017-07-31 | 0.00% | $0.00 | $1.06 Billion | -- |
| 2016-07-31 | 0.00% | $0.00 | $1.09 Billion | -- |
| 2015-07-31 | 0.00% | $0.00 | $1.06 Billion | -- |
About BlackRock Municipal Income Closed Fund
BlackRock 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 income tax. BlackRock Municipal Income Trust was formed on July 31, 2001 and is domiciled in United States.