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 BFK working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2015–2023)
This chart shows how BlackRock Municipal Income Closed Fund's Asset Resilience Ratio has changed over time. For the complete balance sheet picture, see balance sheet size of BlackRock Municipal Income Closed Fund.
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. Explore BlackRock Municipal Income Closed Fund long-term investment intensity to see how much of total assets are deployed in long-term investments.
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 |
|---|---|---|
|
Senvest Capital Inc.
TO:SEC |
Asset Management | 1.75% |
|
Nuveen Multi-Asset Income Fund
NYSE:NMAI |
Asset Management | 0.09% |
|
Sprott Physical Silver
TO:PSLV |
Asset Management | 99.90% |
|
Janus Henderson Group PLC
F:HDJA |
Asset Management | 18.51% |
|
Compagnie du Cambodge
PA:CBDG |
Asset Management | 0.00% |
|
Central Securities Corporation
NYSE MKT:CET |
Asset Management | 3.19% |
|
A.F.P. Habitat
SN:HABITAT |
Asset Management | 7.59% |
|
UTI Asset Management Company Limited
NSE:UTIAMC |
Asset Management | 8.10% |
Annual Asset Resilience Ratio for BlackRock Municipal Income Closed Fund (2015–2023)
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.