XBFZX

About XBFZX

BlackRock California Municipal Income Trust is a perpetual closed-end fund specializing in fixed income investments, with a primary objective to deliver **high current income exempt from federal and California income taxes**. The trust principally allocates at least 80% of its assets to **investment grade municipal bonds** that finance a spectrum of public projects in California, supporting state and local initiatives such as infrastructure, education, and utilities. Managed by BlackRock Advisors, LLC, this fund has operated since 2001 and provides investors exposure to diversified municipal debt while aiming to minimize tax liabilities. The trust may also invest up to 20% in lower-rated, but carefully selected, municipal bonds to enhance yield potential. Income distributions are typically paid monthly and are structured to maintain tax-exempt status for both federal and state residents. With a sizable asset base and a broad portfolio of over 100 holdings, BlackRock California Municipal Income Trust plays a critical role in facilitating municipal capital formation and offers investors a dedicated vehicle for tax-advantaged income in the fixed income market.