BlackRock Municipal Income Closed Fund (BFK) — Defensive Interval Ratio

Latest as of July 2025: 143 days

BlackRock Municipal Income Closed Fund (BFK) has a Defensive Interval Ratio of 143 days as of July 2025. Defensive assets of $8.28 Million (cash $-, short-term investments $-, receivables $8.28 Million) cover 143 days of daily cash needs of $58.01K/day. Check BFK intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

143 days
Days of operational coverage

Defensive Assets

$8.28 Million
Cash + ST Investments + Receivables

Daily Cash Need

$58.01K
Current Liabilities ÷ 365

Current Liabilities

$21.17 Million
USD

BlackRock Municipal Income Closed Fund Defensive Interval Ratio (2014–2025)

This chart shows how BlackRock Municipal Income Closed Fund's Defensive Interval Ratio has evolved across 12 annual periods from 2014 to 2025. As of July 2025, the ratio stands at 143 days, meaning defensive assets of $8.28 Million can fund 143 days of operations without new revenue. Also explore BlackRock Municipal Income Closed Fund net asset momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for BlackRock Municipal Income Closed Fund (2014–2025)

The table below presents the year-by-year Defensive Interval Ratio for BlackRock Municipal Income Closed Fund from 2014 to 2025, covering 12 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. For live market cap and the full company financial profile, see BlackRock Municipal Income Closed Fund market cap and net worth.

Year DIR (days) Defensive Assets (USD) Daily Cash Need Cash ST Investments Change (days)
2025 143 days $8.28 Million $58.01K/day $- $- ▲ +32 days
2024 110 days $7.68 Million $69.56K/day $- $- ▲ +119 days
2023 -9 days $-735.47K $82.36K/day $- $-10.22 Million ▲ +493 days
2022 -502 days $-186.91 Million $372.24K/day $- $-202.01 Million ▲ +167 days
2021 -669 days $-261.78 Million $391.37K/day $- $-275.28 Million ▲ +3 days
2020 -672 days $-262.31 Million $390.58K/day $- $-286.42 Million ▲ +148 days
2019 -819 days $-278.23 Million $339.66K/day $- $-293.28 Million ▼ -855 days
2018 36 days $31.25 Million $873.21K/day $- $0.00 ▲ +14 days
2017 21 days $16.08 Million $755.08K/day $- $0.00 ▲ +0 days
2016 21 days $16.29 Million $771.65K/day $- $0.00 ▲ +7 days
2015 14 days $15.71 Million $1.09 Million/day $- $0.00 ▲ +1 days
2014 14 days $15.13 Million $1.11 Million/day $- $-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)