BlackRock Core Bond Closed Fund (BHK) - Total Assets
Based on the latest financial reports, BlackRock Core Bond Closed Fund (BHK) holds total assets worth $940.98 Million USD as of October 2023. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
BlackRock Core Bond Closed Fund - Total Assets Trend (2006–2023)
This chart illustrates how BlackRock Core Bond Closed Fund's total assets have evolved over time, based on quarterly financial data. Also see BlackRock Core Bond Closed Fund market cap and net worth for the company's overall valuation and market capitalisation.
BlackRock Core Bond Closed Fund - Asset Composition Analysis
Current Asset Composition (October 2023)
BlackRock Core Bond Closed Fund's total assets of $940.98 Million consist of 2.7% current assets and 97.3% non-current assets. Review BHK liabilities breakdown to assess the company's total debt and financial obligations.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0.2% |
| Accounts Receivable | $17.76 Million | 1.9% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2006–2023)
This chart illustrates how BlackRock Core Bond Closed Fund's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. See BlackRock Core Bond Closed Fund (BHK) stock price for real-time trading data and today's change.
Key Asset Composition Facts
- Current vs. Non-Current Assets: BlackRock Core Bond Closed Fund's current assets represent 2.7% of total assets in 2023, an increase from 0.0% in 2006.
- Cash Position: Cash and equivalents constituted 0.2% of total assets in 2023, the same as 0.2% in 2006.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2006.
- Asset Diversification: The largest asset category is accounts receivable at 1.9% of total assets.
BlackRock Core Bond Closed Fund Competitors by Total Assets
Key competitors of BlackRock Core Bond Closed Fund based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Senvest Capital Inc.
TO:SEC
|
Canada | CA$6.06 Billion |
|
Nuveen Multi-Asset Income Fund
NYSE:NMAI
|
USA | $691.82 Million |
|
Sprott Physical Silver
TO:PSLV
|
Canada | CA$9.40 Billion |
|
Janus Henderson Group PLC
F:HDJA
|
Germany | €8.29 Billion |
|
Compagnie du Cambodge
PA:CBDG
|
France | €6.94 Billion |
|
Fair Oaks Income Limited
LSE:FAIR
|
UK | $236.01 Million |
|
Central Securities Corporation
NYSE MKT:CET
|
USA | $1.79 Billion |
|
A.F.P. Habitat
SN:HABITAT
|
Chile | CL$772.89 Billion |
BlackRock Core Bond Closed Fund - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.08 | 0.40 | 0.09 |
| Quick Ratio | 0.08 | -0.11 | 0.09 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-304.25 Million | $-32.89 Million | $-286.03 Million |
BlackRock Core Bond Closed Fund - Advanced Valuation Insights
This section examines the relationship between BlackRock Core Bond Closed Fund's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 0.95 |
| Latest Market Cap to Assets Ratio | 0.49 |
| Asset Growth Rate (YoY) | -9.7% |
| Total Assets | $940.98 Million |
| Market Capitalization | $459.33 Million USD |
Valuation Analysis
Below Book Valuation: The market values BlackRock Core Bond Closed Fund's assets below their book value (0.49x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: BlackRock Core Bond Closed Fund's assets decreased by 9.7% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for BlackRock Core Bond Closed Fund (2006–2023)
The table below shows the annual total assets of BlackRock Core Bond Closed Fund from 2006 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-10-31 | $940.98 Million | -9.67% |
| 2022-10-31 | $1.04 Billion | -27.25% |
| 2021-10-31 | $1.43 Billion | +19.00% |
| 2020-10-31 | $1.20 Billion | -3.67% |
| 2019-12-31 | $1.25 Billion | +7.81% |
| 2019-10-31 | $1.16 Billion | +6.27% |
| 2018-10-31 | $1.09 Billion | -2.53% |
| 2017-10-31 | $1.12 Billion | -0.45% |
| 2016-10-31 | $1.12 Billion | +3.06% |
| 2015-10-31 | $1.09 Billion | 0.00% |
| 2014-10-31 | $1.09 Billion | +112.53% |
| 2008-10-31 | $513.04 Million | -32.48% |
| 2007-10-31 | $759.79 Million | +93.69% |
| 2006-10-31 | $392.27 Million | -- |
About BlackRock Core Bond Closed Fund
BlackRock Core Bond Trust is a closed-ended fixed income mutual fund launched by BlackRock, Inc. The fund is managed by BlackRock Advisors, LLC. It invests in the fixed income markets of the United States. The fund primarily invests in investment grade quality bonds, including corporate bonds, government and agency securities, and mortgage-related securities. BlackRock Core Bond Trust was formed … Read more