| Blackrock Florida Municipal 2020 Term Trust is registered as a non-diversified closed-end management investment company. The Trust's investment objectives are to provide current income exempt from regular United States federal income tax and Florida intangible personal property tax and to return $15.00 per common share (the initial offering price per share) to holders of common shares on or about Dec. 31, 2020. We show 1 historical shares outstanding datapoints in our BFO shares outstanding history coverage, used to compute BFO market cap on those dates.|
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing BFO market cap history over the course of time is important for investors
interested in comparing BFO's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of BFO versus a peer is one thing; comparing
BFO market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like BFO can fluctuate over the course of history.
With this page we aim to empower investors researching BFO by allowing them to research the BFO market cap history.