BFZ (Blackrock CA Muniome Tr) Beta: N/A (As of Aug. 25, 2026)

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Director of Data and Quant Analytics at GuruFocus
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BFZ Blackrock CA Muni Income Tr BFZ
21 GF Score
Price $11.11
! 2 Warning Signs
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What is Blackrock CA Muniome Tr Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-08-25), Blackrock CA Muniome Tr's Beta is Not available.

Blackrock CA Muniome Tr  (NYSE:BFZ) Beta Explanation

Beta is a measure of the volatility, or systematic risk, of a security or a portfolio in comparison to the market as a whole. We usually compare beta to 1. A beta of 1 indicates that the security's price will move with the market. A beta of less than 1 means that the security will be less volatile than the market. A beta of greater than 1 indicates that the security's price will be more volatile than the market.

Beta is primarily used in the Capital Asset Pricing Model (CAPM) to calculate the Cost of Equity, which can be used in the calculation of WACC %. The formula of Cost of Equity is:
Cost of Equity = Risk-Free Rate of Return + Beta of Asset * (Expected Return of the Market - Risk-Free Rate of Return)

Blackrock CA Muniome Tr Beta Related Terms

Blackrock CA Muniome Tr Beta Historical Data

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The historical data trend for Blackrock CA Muniome Tr's Beta can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Blackrock CA Muniome Tr Beta Chart

Blackrock CA Muniome Tr Annual Data
Trend Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
Beta
Get a 7-Day Free Trial Premium Member Only -0.15 -0.08 0.49 0.65 0.71

Blackrock CA Muniome Tr Semi-Annual Data
Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24 Jan25 Jul25
Beta Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.49 0.66 0.65 0.68 0.71
BFZ
21GF Score
Blackrock CA Muni Income Tr BFZ
Beta is just one metric. See GF Score™, valuation, warning signs, and more.
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Blackrock CA Muniome Tr Beta Calculation

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. A stock's beta can be calculated by dividing the product of the covariance of the individual stock's returns and the market's returns by the variance of the market's returns over a specified period. Basically, GuruFocus uses the returns calculated over three-year period.

Blackrock CA Muniome Tr Business Description

Address 100 Bellevue Parkway, Wilmington, DE, USA, 19809
Blackrock CA Muni Income Tr is a United States-based closed-end management investment company. The investment objective is to provide current income exempt from regular U.S. federal income and California income taxes. The Trust seeks to achieve its investment objective by investing principally in municipal obligations exempt from U.S. federal income taxes 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, or are considered by the Trust's investment adviser to be of comparable quality, at the time of investment.
21GF Score

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Beta is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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