BlackRock California Municipal Income Trust’s (BFZ) (the 'Trust') investment objective is to provide current income exempt from regular US federal income and California income taxes. The Trust seeks to achieve its investment objective by investing primarily in municipal obligations exempt from federal income taxes (except that the interest may be subject to the federal alternative minimum tax) and California income taxes. The Trust invests, under normal market conditions, at least 80% of its assets in municipal obligations that are investment grade quality. The Trust may invest directly in such securities or synthetically through the use of derivatives.
Company profile
Ticker
BFZ
Exchange
Website
CEO
John Perlowski
Employees
Incorporated
Location
Fiscal year end
SEC CIK
Corporate docs
IRS number
510409109
BFZ stock data
Latest filings (excl ownership)
DEFC14A
Proxy in contested solicitation
19 Apr 24
PREC14A
Preliminary proxy with contested solicitation
11 Apr 24
DEFA14A
Additional proxy soliciting materials
10 Apr 24
PREC14A
Preliminary proxy with contested solicitation
9 Apr 24
N-CSRS
Certified semi-annual shareholder report (management investment company)
3 Apr 24
DFAN14A
Additional proxy materials by non-management
21 Mar 24
DFAN14A
Additional proxy materials by non-management
8 Mar 24
DFAN14A
Additional proxy materials by non-management
7 Mar 24
DFAN14A
Additional proxy materials by non-management
6 Mar 24
DFAN14A
Additional proxy materials by non-management
21 Feb 24
Latest ownership filings
4
Boaz Weinstein
15 Apr 24
4
Boaz Weinstein
3 Apr 24
4
Boaz Weinstein
1 Apr 24
NPORT-P
BlackRock California Municipal Income Trust (Jan 2024 report)
27 Mar 24
4
Boaz Weinstein
27 Mar 24
4
Boaz Weinstein
25 Mar 24
4
Boaz Weinstein
12 Mar 24
SC 13D/A
Saba Capital Management, L.P.
20 Feb 24
NPORT-P
BlackRock California Municipal Income Trust (Oct 2023 report)
27 Dec 23
4
Boaz Weinstein
7 Dec 23
Funds
Series | Ticker | %Monthly Return ? | $Assets | #Holdings | As of | ||
---|---|---|---|---|---|---|---|
BlackRock California Municipal Income Trust | – | -2.12 | -6.02 | -2.65 | 586.66 mm | 133 | Oct 2023 |
Institutional ownership, Q3 2023
37.2% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 58 |
Opened positions | 3 |
Closed positions | 6 |
Increased positions | 19 |
Reduced positions | 19 |
13F shares | Current |
---|---|
Total value | 110.06 bn |
Total shares | 11.27 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Saba Capital Management | 4.51 mm | $46.45 bn |
City Of London Investment Management | 617.59 k | $6.35 bn |
Guggenheim Capital | 548.23 k | $5.64 bn |
Rivernorth Capital Management | 529.30 k | $5.45 bn |
Almitas Capital | 528.38 k | $5.44 bn |
Sit Investment Associates | 526.31 k | $5.42 mm |
Allspring Global Investments | 465.29 k | $4.79 bn |
Advisors Asset Management | 423.57 k | $4.36 bn |
MS Morgan Stanley | 366.36 k | $3.77 bn |
WFC Wells Fargo & Co. | 364.62 k | $3.75 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
2 Apr 24 | Saba Capital Management | Common Stock | Buy | Acquire P | Yes | No | 11.79 | 8,359 | 98.55 k | 5,239,568 |
1 Apr 24 | Saba Capital Management | Common Stock | Buy | Acquire P | Yes | No | 11.76 | 6,109 | 71.84 k | 5,231,209 |
28 Mar 24 | Saba Capital Management | Common Stock | Buy | Acquire P | Yes | No | 11.82 | 40,094 | 473.91 k | 5,225,100 |
25 Mar 24 | Saba Capital Management | Common Stock | Buy | Acquire P | Yes | No | 11.77 | 23,774 | 279.82 k | 5,185,006 |
22 Mar 24 | Saba Capital Management | Common Stock | Buy | Acquire P | Yes | No | 11.79 | 17,184 | 202.60 k | 5,161,232 |
21 Mar 24 | Saba Capital Management | Common Stock | Buy | Acquire P | Yes | No | 11.68 | 14,317 | 167.22 k | 5,144,048 |
12 Mar 24 | Saba Capital Management | Common Stock | Buy | Acquire P | Yes | No | 11.95 | 35,703 | 426.65 k | 5,129,731 |
Press releases
Distribution Dates and Amounts Announced for Certain BlackRock Closed-End Funds
1 Apr 24
Saba Launches Campaign to Improve the Boards of 10 Poorly Governed and Underperforming Closed-End Funds Managed by BlackRock
6 Mar 24
Distribution Dates and Amounts Announced for Certain BlackRock Closed-End Funds
1 Mar 24