Stock Mover of The Day: Blackrock California Municipal 2018 Term Trust (NYSE:BJZ) Quarterly Sentiment Report

November 21, 2016 - By Clifton Ray   ·   0 Comments

Stock Mover of The Day: Blackrock California Municipal 2018 Term Trust (NYSE:BJZ) Quarterly Sentiment Report

Sentiment for Blackrock California Municipal 2018 Term Trust (NYSE:BJZ)

Blackrock California Municipal 2018 Term Trust (NYSE:BJZ) institutional sentiment decreased to 0.71 in 2016 Q2. Its down -0.29, from 1 in 2016Q1. The ratio has dropped, as 5 investment professionals started new or increased holdings, while 5 reduced and sold their equity positions in Blackrock California Municipal 2018 Term Trust. The investment professionals in our partner’s database now possess: 709,365 shares, down from 724,330 shares in 2016Q1. Also, the number of investment professionals holding Blackrock California Municipal 2018 Term Trust in their top 10 holdings was flat from 0 to 0 for the same number . Sold All: 1 Reduced: 4 Increased: 5 New Position: 0.

BlackRock California Municipal 2018 Term Trust is a closed-end management investment company. The company has a market cap of $97.29 million. The Trust’s investment objectives seek to provide current income exempt from regular federal and California income taxes and to return approximately $15 per common share to holders of common shares. It currently has negative earnings. The Trust seeks to achieve its investment objectives by investing, under normal market conditions, its assets in municipal bonds exempt from federal income taxes (except that the interest may be subject to the federal alternative minimum tax).

About 4,586 shares traded hands. Blackrock California Municipal 2018 Term (NYSE:BJZ) has declined 0.07% since April 19, 2016 and is downtrending. It has underperformed by 3.93% the S&P500.

Menlo Advisors Llc holds 0.43% of its portfolio in Blackrock California Municipal 2018 Term for 33,770 shares. Roundview Capital Llc owns 41,500 shares or 0.23% of their US portfolio. Moreover, At Bancorp has 0.17% invested in the company for 74,771 shares. The Florida-based Ladenburg Thalmann Financial Services Inc has invested 0.01% in the stock. Sit Investment Associates Inc, a Minnesota-based fund reported 31,481 shares.#img1#

BJZ Company Profile

BlackRock California Municipal 2018 Term Trust (the Trust) is a non-diversified, closed-end management investment company. The Trust’s investment objective is to provide monthly income that is exempt from regular federal and California income tax. The Trust will invest at least 80% of its total assets in municipal bonds that are of investment-grade quality, or determined by BlackRock to be of equivalent credit quality at the time of purchase. The Trust may invest up to 20% of its total assets in municipal bonds that are rated, at the time of investment, Ba/BB or B by Moody’s Investors Service (Moody’s), Standard & Poor’s (S&P) or Fitch Ratings (Fitch), or that are unrated but judged to be of comparable quality by BlackRock. The Trust’s investment advisor is BlackRock Advisors, LLC (formerly known as BlackRock Advisors, Inc.).

More notable recent Blackrock California Municipal 2018 Term (NYSE:BJZ) news were published by: Businesswire.com which released: “BlackRock Closed-End Term Trusts Review of Liquidity for Outstanding Auction …” on February 12, 2013, also Businesswire.com with their article: “Distribution Dates and Amounts Announced for Certain BlackRock Closed-End Funds” published on July 01, 2016, Seekingalpha.com published: “Tax-Free Income For Those Who Need It Most: California Municipal Bond CEFs” on October 15, 2015. More interesting news about Blackrock California Municipal 2018 Term (NYSE:BJZ) were released by: Seekingalpha.com and their article: “Closed-End Target Date Muni Bond Funds Have A Good Yield And Low Interest Rate …” published on November 11, 2015 as well as Latimes.com‘s news article titled: “Why municipal bonds are in a nose dive since Trump’s election” with publication date: November 18, 2016.

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By Clifton Ray


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