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BlackRock California Municipal Income Trust (BFZ)

Equity · Currency in USD · Last updated Mar 22, 2023

Share Price Chart


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Performance

The chart shows the growth of $10,000 invested in BlackRock California Municipal Income Trust in Oct 2022 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $25,703 for a total return of roughly 157.03%. All prices are adjusted for splits and dividends.


120.00%140.00%160.00%180.00%200.00%220.00%240.00%NovemberDecember2023FebruaryMarch
157.03%
232.48%
BFZ (BlackRock California Municipal Income Trust)
Benchmark (^GSPC)

S&P 500

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Return

BlackRock California Municipal Income Trust had a return of 5.95% year-to-date (YTD) and -4.93% in the last 12 months. Over the past 10 years, BlackRock California Municipal Income Trust had an annualized return of 1.48%, while the S&P 500 had an annualized return of 9.95%, indicating that BlackRock California Municipal Income Trust did not perform as well as the benchmark.


PeriodReturnBenchmark
1 month2.14%-1.87%
Year-To-Date5.95%4.25%
6 months7.69%2.64%
1 year-4.93%-10.31%
5 years (annualized)1.64%8.18%
10 years (annualized)1.48%9.95%

Monthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
20236.23%-2.19%
2022-9.15%-1.72%9.69%-1.31%

Sharpe Ratio Chart

The Sharpe ratio shows whether the portfolio's excess returns are due to smart investment decisions or a result of taking a higher risk. The higher a portfolio's Sharpe ratio, the better its risk-adjusted performance.

The current BlackRock California Municipal Income Trust Sharpe ratio is -0.39. A negative Sharpe ratio means that the risk-free rate is higher than the portfolio's return. This value does not convey any meaningful information.

The chart below displays rolling 12-month Sharpe Ratio.


-2.00-1.50-1.00-0.50NovemberDecember2023FebruaryMarch
-0.39
-0.44
BFZ (BlackRock California Municipal Income Trust)
Benchmark (^GSPC)

Dividend History

BlackRock California Municipal Income Trust granted a 5.31% dividend yield in the last twelve months. The annual payout for that period amounted to $0.60 per share.


PeriodTTM20222021202020192018201720162015201420132012
Dividend$0.60$0.49$0.58$0.46$0.51$0.78$0.72$0.83$0.87$0.90$0.93$0.93

Dividend yield

5.31%4.58%4.19%3.51%4.29%7.66%6.60%7.56%7.54%8.83%10.65%9.45%

Monthly Dividends

The table displays the monthly dividend distributions for BlackRock California Municipal Income Trust. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDec
2023$0.03$0.04
2022$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.03$0.03$0.04
2021$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.12
2020$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04
2019$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04
2018$0.06$0.06$0.06$0.06$0.06$0.06$0.05$0.05$0.05$0.05$0.05$0.21
2017$0.07$0.07$0.06$0.06$0.06$0.06$0.06$0.06$0.06$0.06$0.06$0.06
2016$0.07$0.07$0.07$0.07$0.07$0.07$0.07$0.07$0.07$0.07$0.07$0.07
2015$0.07$0.07$0.07$0.07$0.07$0.07$0.07$0.07$0.07$0.07$0.07$0.07
2014$0.08$0.08$0.08$0.08$0.08$0.08$0.07$0.07$0.07$0.07$0.07$0.07
2013$0.08$0.08$0.08$0.08$0.08$0.08$0.08$0.08$0.08$0.08$0.08$0.08
2012$0.08$0.08$0.08$0.08$0.08$0.08$0.08$0.08$0.08$0.08$0.08$0.08

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


-30.00%-25.00%-20.00%-15.00%NovemberDecember2023FebruaryMarch
-19.44%
-16.55%
BFZ (BlackRock California Municipal Income Trust)
Benchmark (^GSPC)

Worst Drawdowns

The table below shows the maximum drawdowns of the BlackRock California Municipal Income Trust. A maximum drawdown is an indicator of risk. It shows a reduction in portfolio value from its maximum due to a series of losing trades.

The maximum drawdown since January 2010 for the BlackRock California Municipal Income Trust is 54.09%, recorded on Dec 15, 2008. It took 411 trading sessions for the portfolio to recover.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-54.09%May 3, 2007410Dec 15, 2008411Aug 4, 2010821
-29.76%Aug 25, 2021298Oct 31, 2022
-26.06%Feb 25, 202018Mar 19, 2020180Dec 3, 2020198
-22.03%Jan 14, 2013151Aug 19, 2013362Jan 27, 2015513
-21.47%Aug 24, 2016534Oct 8, 2018344Feb 21, 2020878
-17.56%Sep 27, 201080Jan 19, 2011159Sep 6, 2011239
-13.79%Apr 2, 200429May 13, 2004102Oct 8, 2004131
-13.71%Aug 24, 2001145Apr 1, 2002290May 23, 2003435
-9.97%Jun 13, 200344Aug 14, 2003103Jan 12, 2004147
-7.95%Mar 2, 201211Mar 16, 201242May 16, 201253

Volatility Chart

Current BlackRock California Municipal Income Trust volatility is 12.75%. The chart below shows the rolling 10-day volatility. Volatility is a statistical measure showing how big price swings are in either direction. The higher asset volatility, the riskier it is, because the price movements are less predictable.


5.00%10.00%15.00%20.00%25.00%30.00%35.00%40.00%NovemberDecember2023FebruaryMarch
12.75%
22.09%
BFZ (BlackRock California Municipal Income Trust)
Benchmark (^GSPC)