Richard Cavanagh - Blackrock Muni Independent Co-Chairman of the Board of Trustees

MUIDelisted Fund  USD 12.09  0.00  0.00%   
Richard Cavanagh is Fund Manager at Blackrock Muni Intermediate
Mr. Richard E. Cavanagh serves as Independent Chairman of the Board of Trustees of BlackRock Muni Intermediate Duration Fund Inc. Mr. Cavanagh served for over a decade as President and Chief Executive Officer of The Conference Board, Inc., a global business research organization, he is able to provide the Boards with expertise about business and economic trends and governance practices. Mr. Cavanagh created the blue ribbon Commission on Public Trust and Private Enterprise in 2002, which recommended corporate governance enhancements. Mr. Cavanaghs service as a director of The Guardian Life Insurance Company of America and as a senior advisor and director of The Fremont Group provides added insight into investment trends and conditions. Mr. Cavanaghs longstanding service on the Boards also provides him with a specific understanding of the Funds, their operations, and the business and regulatory issues facing the Funds. Mr. Cavanagh is also an experienced board leader, having served as the lead independent director of a NYSE public company and as the Board Chairman of the Educational Testing Service.
Age 75
Tenure 7 years
Phone212 810 5300
Webhttps://www.blackrock.com/investing/products/240205/blackrock-muni-intermediate-duration-fund-inc-usd-fund
Cavanagh is Trustee, Aircraft Finance Trust from 1999 to 2009; Director, The Guardian Life Insurance Company of America since 1998; Trustee, Educational Testing Service from 1997 to 2009 and Chairman thereof from 2005 to 2009; Senior Advisor, The Fremont Group since 2008 and Director thereof since 1996; Faculty Member/Adjunct Lecturer, Harvard University since 2007; President and Chief Executive Officer, The Conference Board, Inc. from 1995 to 2007. and also he was Director of Arch Chemical from 1999 to 2011.

Richard Cavanagh Latest Insider Activity

Tracking and analyzing the buying and selling activities of Richard Cavanagh against Blackrock Muni fund is an integral part of due diligence when investing in Blackrock Muni. Richard Cavanagh insider activity provides valuable insight into whether Blackrock Muni is net buyers or sellers over its current business cycle. Note, Blackrock Muni insiders must abide by specific rules, including filing SEC forms every time they buy or sell Blackrock Muni'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

Blackrock Muni Management Performance (%)

The company has Return on Asset of 1.2 % which means that on every $100 spent on assets, it made $1.2 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of (11.9) %, meaning that it generated no profit with money invested by stockholders. Blackrock Muni's management efficiency ratios could be used to measure how well Blackrock Muni manages its routine affairs as well as how well it operates its assets and liabilities.
Blackrock Muni Intermediate has 742.23 M in debt with debt to equity (D/E) ratio of 0.75, which is OK given its current industry classification. Blackrock Muni Inter has a current ratio of 0.04, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist Blackrock Muni until it has trouble settling it off, either with new capital or with free cash flow. So, Blackrock Muni's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Blackrock Muni Inter sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Blackrock to invest in growth at high rates of return. When we think about Blackrock Muni's use of debt, we should always consider it together with cash and equity.

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BlackRock Muni Intermediate Duration Fund, Inc. is a closed ended fixed income mutual fund launched by BlackRock, Inc. BlackRock Muni Intermediate Duration Fund, Inc. was formed on August 1, 2003 and is domiciled in United States. Blackrock Muni is traded on New York Stock Exchange in the United States. The fund is not categorized under any group at the present time.

Management Performance

Blackrock Muni Inter Leadership Team

Elected by the shareholders, the Blackrock Muni's board of directors comprises two types of representatives: Blackrock Muni 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 Muni's management team and ensure that shareholders' interests are well served. Blackrock Muni'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 Muni's outside directors are responsible for providing unbiased perspectives on the board's policies.
Henry Gabbay, Independent Trustee
Robert Hubbard, Independent Trustee
Karen Robards, Independent Vice Chairperson of the Board of Trustees
Lorenzo Flores, Independent Trustee
Richard Cavanagh, Independent Co-Chairman of the Board of Trustees
Charles Park, Chief Compliance Officer and Anti-Money Laundering Officer
Frank Fabozzi, Independent Trustee
J Holloman, Independent Trustee
Janey Ahn, Secretary
John Perlowski, President, Chief Executive Officer, Trustee
Michael Castellano, Independent Trustee
Cynthia Egan, Independent Trustee
Jay Fife, Treasurer
Jonathan Diorio, Vice President
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 Muni 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.

Currently Active Assets on Macroaxis

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Other Consideration for investing in Blackrock Fund

If you are still planning to invest in Blackrock Muni Inter check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Blackrock Muni's history and understand the potential risks before investing.
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