Ted Cruz bought BlackRock Municipal Income Closed Fund (NYSE: BFK)
Ted Cruz (R-TX), a U.S. Senator, has disclosed 1 trade in BlackRock Municipal Income Closed Fund (BFK) since 2014, a single purchase, worth an estimated $33K in disclosed volume (the midpoint of the dollar ranges members report, not exact amounts).
The trade highlighted here is a purchase: Ted Cruz bought $15,001 - $50,000 of BlackRock Municipal Income Closed Fund (NYSE: BFK) on February 6, 2014. Since that trade, BFK is up +0.00% against the S&P 500 up +406.01%, an outperformance of -406.01%.
Data updated
Ted Cruz's BFK trades vs the price
BFK is up +0.00% since Ted Cruz bought on February 6, 2014, versus +406.01% for the S&P 500.
Performance since this trade
All Ted Cruz BFK trades
Ted Cruz & BFK trading FAQ
Is it legal for Ted Cruz to trade BlackRock Municipal Income Closed Fund (BFK) stock?
Yes. Members of Congress are allowed to trade individual stocks, including BlackRock Municipal Income Closed Fund (BFK), but the STOCK Act of 2012 requires them to publicly disclose each transaction within 45 days. Quantellect tracks those disclosures; this page does not imply the trade was improper.
When did Ted Cruz buy BFK?
Ted Cruz disclosed a purchase of $15,001 - $50,000 of BlackRock Municipal Income Closed Fund (BFK) on February 6, 2014, according to public STOCK Act filings.
How has BFK performed since Ted Cruz's trade?
Since Ted Cruz bought BFK on February 6, 2014, the stock is up +0.00%, versus +406.01% for the S&P 500 over the same period, an outperformance of -406.01%.
How soon must members of Congress disclose a trade?
Under the STOCK Act, members of Congress must publicly report a covered transaction within 45 days of the trade. Filings can still be delayed, amended, or contain errors.
Where can I see all congressional BFK trades?
Quantellect tracks every disclosed congressional trade in BlackRock Municipal Income Closed Fund (BFK) on the BlackRock Municipal Income Closed Fund congressional trading page, which aggregates filings across all members of Congress.
Ted Cruz's BFK tradesAll congressional filings for BlackRock Municipal Income Closed FundTed Cruz's full profile
Not investment advice. Congressional trading data is sourced from public STOCK Act disclosures, which are filed with a delay and may contain errors or be revised. Estimated prices and post-trade returns are derived algorithmically from public filings and end-of-day market data and describe historical activity, not a recommendation. Always do your own research and consult a licensed financial advisor before making investment decisions.