BlackRock (BSP:BLAK34) Closed End Fund Assets (USD Mil) : 0.00 (As of . 20)

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What is BlackRock Closed End Fund Assets (USD Mil)?

Closed End Fund Assets (USD Mil) are asset management companies' holding in closed-end funds. Its volume reflects the portfolio structure of the company.

The historical rank and industry rank for BlackRock's Closed End Fund Assets (USD Mil) or its related term are showing as below:

BSP:BLAK34's Closed End Fund Assets (USD Mil) is not ranked ^*
in the Asset Management industry.
Industry Median:
* Ranked among companies with meaningful Closed End Fund Assets (USD Mil) only.

BlackRock Closed End Fund Assets (USD Mil) Historical Data

The historical data trend for BlackRock's Closed End Fund Assets (USD Mil) 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.

* Premium members only.

BlackRock Closed End Fund Assets (USD Mil) Chart

BlackRock (BSP:BLAK34) Closed End Fund Assets (USD Mil) Explanation

A closed-end fund is a portfolio of pooled assets that raises a fixed amount of capital through an initial public offering (IPO) and then lists shares for trade on a stock exchange. Asset management companies hold it as part of the investment pool and its volume can reflect the portfolio structure of the company.

Closed-end funds trade like equity, as the price fluctuates throughout the trading day according to supply and demand as well as the changing values of its portfolio’s holdings. However, the closed-end fund is unique in that, after its IPO, the fund's parent company issues no additional shares and the fund itself won't redeem or buyback shares. Instead, like individual stocks, the fund can only be bought or sold on the secondary market by investors.

BlackRock Closed End Fund Assets (USD Mil) Related Terms

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BlackRock (BSP:BLAK34) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » BlackRock Inc (BSP:BLAK34) » Definitions » Closed End Fund Assets (USD Mil)

Comparable Companies

Traded in Other Exchanges

BLK:USA BLK:Peru BLK:Mexico 1BLK:Italy BLQAd:UK BLQA:Germany BLK:Austria

Address

50 Hudson Yards, New York, NY, USA, 10001

Website

https://www.blackrock.com

BlackRock is the largest asset manager in the world, with $9.101 trillion in AUM at the end of September 2023. Product mix is fairly diverse, with 52% of the firm's managed assets in equity strategies, 28% in fixed income, 9% in multi-asset class, 8% in money market funds, and 3% in alternatives. Passive strategies account for around two thirds of long-term AUM, with the company's ETF platform maintaining a leading market share domestically and on a global basis. Product distribution is weighted more toward institutional clients, which by our calculations account for around 80% of AUM. BlackRock is also geographically diverse, with clients in more than 100 countries and more than one third of managed assets coming from investors domiciled outside the U.S. and Canada.

BlackRock (BSP:BLAK34) Headlines

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