BlackRock Florida Municipal 2020 Term Trust is a closed-ended fixed income mutual fund launched by BlackRock, Inc.
Share Price & News
How has BlackRock Florida Municipal 2020 Term Trust's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: BFO has not had significant price volatility in the past 3 months.
7 Day Return
US Capital Markets
1 Year Return
US Capital Markets
Return vs Industry: BFO underperformed the US Capital Markets industry which returned 4.9% over the past year.
Return vs Market: BFO underperformed the US Market which returned 5.2% over the past year.
Price Volatility Vs. Market
How volatile is BlackRock Florida Municipal 2020 Term Trust's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is BlackRock Florida Municipal 2020 Term Trust undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate BFO's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate BFO's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: Insufficient data to calculate BFO's PE Ratio to determine if it is good value compared to the Capital Markets industry average.
PE vs Market: Insufficient data to calculate BFO's PE Ratio to determine if it is good value compared to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate BFO's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: BFO is good value based on its PB Ratio (1x) compared to the US Capital Markets industry average (6.2x).
How is BlackRock Florida Municipal 2020 Term Trust forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Diversified Financials industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as BlackRock Florida Municipal 2020 Term Trust has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
How has BlackRock Florida Municipal 2020 Term Trust performed over the past 5 years?
Last years earnings growth
Earnings and Revenue History
Quality Earnings: BFO has a large one-off loss of $1.2M impacting its December 31 2018 financial results.
Growing Profit Margin: BFO's current net profit margins (13.5%) are lower than last year (20.2%).
Past Earnings Growth Analysis
Earnings Trend: BFO has become profitable over the past 5 years, growing earnings by 0% per year.
Accelerating Growth: BFO's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: BFO had negative earnings growth (-46.3%) over the past year, making it difficult to compare to the Capital Markets industry average (8.5%).
Return on Equity
High ROE: BFO's Return on Equity (0.3%) is considered low.
How is BlackRock Florida Municipal 2020 Term Trust's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Inventory Level: BFO has a low level of unsold assets or inventory.
Debt Coverage by Assets: BFO's debt is covered by short term assets (assets are 25577.7x debt).
Financial Institutions Analysis
Asset Level: BFO's level of assets compared to its equity is low.
Allowance for Bad Loans: Insufficient data to determine if BFO has a sufficient allowance for bad loans.
Low Risk Liabilities: BFO reports no customer deposits, loans are made up entirely of externally borrowed funds.
Loan Level: Insufficient data to determine if BFO has an acceptable proportion of non-loan assets held.
Low Risk Deposits: BFO has advanced significantly more loans than the customer deposits it holds.
Level of Bad Loans: Insufficient data to determine if BFO has an appropriate level of bad loans.
What is BlackRock Florida Municipal 2020 Term Trust's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: BFO's dividend (0.21%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.59%).
High Dividend: BFO's dividend (0.21%) is low compared to the top 25% of dividend payers in the US market (4.09%).
Stability and Growth of Payments
Stable Dividend: BFO is not paying a notable dividend for the US market, therefore no need to check if payments are stable.
Growing Dividend: BFO is not paying a notable dividend for the US market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of BFO's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
BlackRock Florida Municipal 2020 Term Trust has no CEO, or we have no data on them.
|Interested Trustee||9.1yrs||no data||no data|
|Non-Interested Trustee||13.1yrs||US$861.00||no data|
|Non-Interested Trustee||13.1yrs||US$673.00||no data|
|Non-Interested Trustee||13.1yrs||US$807.00||no data|
|Non-Interested Trustee||13.1yrs||US$727.00||no data|
|Vice Chairperson||0yrs||US$1.01k||no data|
|Non-Interested Trustee||13.1yrs||US$740.00||no data|
|Non-Interested Trustee||8.8yrs||US$740.00||no data|
|Non-Interested Trustee||13.1yrs||US$700.00||no data|
Experienced Board: BFO's board of directors are seasoned and experienced ( 13.1 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Insufficient data to determine if shareholders have been diluted in the past year.
BlackRock Florida Municipal 2020 Term Trust's company bio, employee growth, exchange listings and data sources
- Name: BlackRock Florida Municipal 2020 Term Trust
- Ticker: BFO
- Exchange: NYSE
- Founded: 2003
- Industry: Asset Management and Custody Banks
- Sector: Diversified Financials
- Market Cap: US$80.509m
- Shares outstanding: 5.56m
- Website: https://www.blackrock.com/investing/products/240229/blackrock-florida-municipal-2020-term-trust-usd-fund
- BlackRock Florida Municipal 2020 Term Trust
- 100 Bellevue Parkway
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|BFO||NYSE (New York Stock Exchange)||Yes||Common Shares||US||USD||Sep 2003|
BlackRock Florida Municipal 2020 Term Trust is a closed-ended fixed income mutual fund launched by BlackRock, Inc. The fund is managed by BlackRock Advisors, LLC. It invests in the fixed income markets of the United States. The fund primarily invests in investment grade municipal bonds exempt from federal income taxes and Florida intangible personal property tax. BlackRock Florida Municipal 2020 Term Trust was formed on September 30, 2003 and is domiciled in the United States.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/28 00:42|
|End of Day Share Price||2020/02/27 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.