Michael Castellano - Blackrock Taxable Independent Trustee

BBN Fund  USD 17.09  0.01  0.06%   
Michael Castellano is Fund Manager at Blackrock Taxable Municipal
Mr. Michael J. Castellano serves as Independent Trustee of Blackrock Taxable Municipal Bond Trust. The Boards benefit from Mr. Castellanos career in accounting which spans over forty years. Mr. Castellano has served as Chief Financial Officer of Lazard Ltd. and as a Managing Director and Chief Financial Officer of Lazard Group. Prior to joining Lazard, Mr. Castellano held various senior management positions at Merrill Lynch Co., including Senior Vice President Chief Control Officer for Merrill Lynchs capital markets businesses, Chairman of Merrill Lynch International Bank and Senior Vice President Corporationrationrate Controller. Prior to joining Merrill Lynch Co., Mr. Castellano was a partner with Deloitte Touche where he served a number of investment banking clients over the course of his 24 years with the firm. Mr. Castellano currently serves as a director for CircleBlack Inc. Mr. Castellanos knowledge of financial and accounting matters qualifies him to serve as a member of each Funds Audit Committee.
Age 75
Tenure 13 years
Phone(61) 3 8795 8100
Webwww.babybunting.com.au.

Blackrock Taxable Management Performance (%)

Similar Money Managers

Showing other executives

One Year Return

Robert HubbardBlackRock Credit Allocation
63
Frank FabozziBlackrock International Growth
73
Michael GenerazoDWS Municipal Income
N/A
Cynthia EganBlackrock Muniholdings Closed
66
Jay FifeBlackRock California Municipal
51
Henry GabbayBlackRock California Municipal
72
Janey AhnBlackrock Muniholdings Closed
46
Lorraine MonchakPioneer Municipal High
63
Frank FabozziBlackRock California Municipal
73
Catherine LynchBlackrock Muniholdings Closed
60
Rebecca RimelDWS Municipal Income
69
Luis PresuttiPioneer Municipal High
54
Cynthia FrostEaton Vance Senior
60
Ronald NybergGuggenheim Taxable Municipal
67
James KirchnerEaton Vance Municipal
54
Kimberly ScottGuggenheim Taxable Municipal
45
Robert HubbardBlackRock Income Closed
63
Quang TonBlackRock Credit Allocation
N/A
Janey AhnBlackRock Income Closed
46
Charles ParkBlackRock Credit Allocation
57
Cynthia EganBlackRock Income Closed
66
BlackRock Taxable Municipal Bond Trust is a closed-ended fixed income mutual fund launched by BlackRock, Inc. BlackRock Taxable Municipal Bond Trust was formed on August 27, 2010 and is domiciled in the United States. Balckrock Build is traded on New York Stock Exchange in the United States. The fund is not filed under any group at the present time.

Blackrock Taxable Leadership Team

Elected by the shareholders, the Blackrock Taxable's board of directors comprises two types of representatives: Blackrock Taxable inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Blackrock. The board's role is to monitor Blackrock Taxable's management team and ensure that shareholders' interests are well served. Blackrock Taxable's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Blackrock Taxable's outside directors are responsible for providing unbiased perspectives on the board's policies.
Henry Gabbay, Independent Trustee
Karen Robards, Independent Vice Chairman of the Board of the Trustees
Richard Cavanagh, Independent Co-Chairman of the Board of the Trustees
Charles Park, Chief Compliance Officer, Anti-Money Laundering Officer
Frank Fabozzi, Independent Trustee
J Holloman, Independent Trustee
Janey Ahn, Secretary
John Perlowski, President, Chief Executive Officer, Director/Trustee
Michael Castellano, Independent Trustee
Cynthia Egan, Independent Trustee
Jay Fife, Treasurer
Jonathan Diorio, Vice President
R Hubbard, Independent Trustee
Robert Fairbairn, Trustee
Neal Andrews, Chief Financial Officer
Trent Walker, Chief Financial Officer
Catherine Lynch, Independent Trustee
Stayce Harris, Independent Trustee
W Kester, Independent Trustee

Blackrock Fund Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right fund is not an easy task. Is Blackrock Taxable a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Blackrock Taxable

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Blackrock Taxable position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Blackrock Taxable will appreciate offsetting losses from the drop in the long position's value.

Moving against Blackrock Fund

  0.81BDJ Blackrock Enhanced EquityPairCorr
  0.8CSCO Cisco SystemsPairCorr
  0.77BAC Bank of America Fiscal Year End 10th of January 2025 PairCorr
  0.77JPM JPMorgan Chase Fiscal Year End 10th of January 2025 PairCorr
  0.76AA Alcoa Corp Sell-off TrendPairCorr
The ability to find closely correlated positions to Blackrock Taxable could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Blackrock Taxable when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Blackrock Taxable - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Blackrock Taxable Municipal to buy it.
The correlation of Blackrock Taxable is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Blackrock Taxable moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Blackrock Taxable moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Blackrock Taxable can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in Blackrock Fund

Blackrock Taxable financial ratios help investors to determine whether Blackrock Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Blackrock with respect to the benefits of owning Blackrock Taxable security.
Technical Analysis
Check basic technical indicators and analysis based on most latest market data
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
Fundamentals Comparison
Compare fundamentals across multiple equities to find investing opportunities
Portfolio Holdings
Check your current holdings and cash postion to detemine if your portfolio needs rebalancing