U.S. Markets closed

BlackRock California Municipal Income Trust (BFZ)

NYSE - Nasdaq Real Time Price. Currency in USD
Add to watchlist
14.81-0.07 (-0.47%)
At close: 4:00PM EDT
Full screen
Loading interactive chart...
  • Moody's

    BlackRock California Municipal Income Trust -- Moody's announces completion of a periodic review of ratings of BlackRock California Municipal Income Trust

    Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of BlackRock California Municipal Income Trust and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review discussion held on 13 January 2021 in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.

  • Business Wire

    Certain Closed-End Funds Announce Renewal of Share Repurchase Programs

    BlackRock Advisors, LLC announced today that the Boards of Directors/Trustees of sixty two BlackRock municipal, taxable fixed-income, and equity closed-end funds (the "Funds") have authorized the renewal of open market share repurchase programs (the "Repurchase Programs"). Under each Fund’s current Repurchase Program, each Fund may repurchase, through November 30, 2020, up to 5% of its outstanding common shares (based on common shares outstanding on November 30, 2019) in open market transactions. Pursuant to the Board’s renewal of the Repurchase Programs, commencing on December 1, 2020, each Fund may repurchase up to 5% of its outstanding common shares (based on common shares outstanding on November 30, 2020) in open market transactions through November 30, 2021. The Repurchase Programs seek to enhance shareholder value by purchasing Fund shares trading at a discount from their net asset value ("NAV") per share, which could result in incremental accretion to a Fund’s NAV.