Home Contact
Login   |  Tell a Friend
Financial Optimization through Technology Innovation
mutual fund
 Top Fund Managers
Latest Mutual Fund News Latest Mutual Fund News

Financial Advisor Sponsor:Christine F. Heim, Managing Director


 Bookmark this site!
Follow FundMojo on Twitter
Get Fund Information

Get Stock News

(Enter Stock Symbol)

Partner Sites

Annuities
Wall Street Journal
eHealthInsurance
Fund Mojo on Facebook
Fund Mojo help you discover the best fund managers, funds, and related information

Fund Intelligence | Best Managers | BKTIX Insights | BKTIX Score | BKTIX Performance | BKTIX Manager | BKTIX News | BKTIX Allocation | BKTIX Holdings Change

Mutual Fund Insights: BlackRock KY Municipal Instl Fund (BKTIX)

In-depth Analysis of BlackRock KY Municipal Instl Fund (BKTIX)

Mutual fund chart: BlackRock KY Municipal Instl Fund (BKTIX)

3 months
6 months
1 year
3 year
5 year

See BlackRock KY Municipal Instl Fund (BKTIX) performance details as of February 28, 2010

  

    Last Trade: $9.23 on 3/19/2010, Change: 0.00 (0%)

  

Fund Manager - Phillip Soccio

Fund Manager Tenure: 2.2 years
Fundmojo Fund Grade: B (Score: 0.63)     (What does this score mean?)
Phillip Soccio is vice president and portfolio manager of BlackRock since 2007. Phillip Soccio is Management Team Member of various BlackRock money market funds from 2002 to 2007. phillip holds the Chartered Financial Analyst designation.  Get more insights on Phillip Soccio

  

What we like about BlackRock KY Municipal Instl Fund (BKTIX) What we like about BlackRock KY Municipal Instl Fund (BKTIX)

Data for BlackRock KY Municipal Instl Fund (BKTIX) as of February 28, 2010

  • BlackRock KY Municipal Instl Fund (BKTIX) has good mid-term performance (3-year return 3.79% vs 3.70 % Muni Single State Interm category average)
  • BlackRock KY Municipal Instl Fund (BKTIX) ratio of up-years vs down years is greater than 2
  • BlackRock KY Municipal Instl Fund (BKTIX) has a Morningstar rating of 4 and above
  • BlackRock KY Municipal Instl Fund (BKTIX) has a lower management fee than its Muni Single State Interm average: 0.63% vs 0.93%
  • BlackRock KY Municipal Instl Fund (BKTIX) is a true no-load fund as it has no load and no 12b1 promotion, distributions, marketing expenses

  

What we are cautious about BlackRock KY Municipal Instl Fund (BKTIX) What we are cautious about BlackRock KY Municipal Instl Fund (BKTIX)

Data for BlackRock KY Municipal Instl Fund (BKTIX) as of February 28, 2010

  • BlackRock KY Municipal Instl Fund (BKTIX) management has been with BlackRock KY Municipal Instl Fund for only 2.2 years, it is hard to judge manager's ability based on this fund's operation record
  • BlackRock KY Municipal Instl Fund is a focused fund with 46.19% of the portfolio on top 10 securities. This tends to produce more volatility compared to a diversified fund. See fund top 10 holdings.
  • BlackRock KY Municipal Instl Fund (BKTIX) has a less-than-ideal short-term performance (1-year return 10.08% vs 8.37 % Muni Single State Interm category average)
  • BlackRock KY Municipal Instl Fund (BKTIX) has a less-than-ideal Long-term performance (5-year return 3.46% vs 3.50 % Muni Single State Interm category average)
  • BlackRock KY Municipal Instl Fund (BKTIX) is less safe compared to its Muni Single State Interm peers
  • BlackRock KY Municipal Instl Fund (BKTIX) has an annual stock turnover rate of 35.00% that is higher than the Muni Single State Interm average of 22.23%. This could mean BlackRock KY Municipal Instl is more nimble, but also signal potential high tax impact and high trading fees
  • BlackRock KY Municipal Instl Fund (BKTIX) does not have a good risk adjusted return as its 3-year Alpha of -0.57 is worse than category average of -0.52, and its 3-year Sharpe ratio is 0.35
  • BlackRock KY Municipal Instl Fund (BKTIX) is more volatile than its peers as it has a 3-year Standard Deviation of 5.72 that is higher than category average of 5.56
See BlackRock KY Municipal Instl Fund (BKTIX) performance details as of February 28, 2010

  

  

Interested in other top mutual funds in similar Muni Single State Interm category?

Below are some additional Muni Single State Interm mutual funds generated out of our database

  

BlackRock KY Municipal Instl Fund (BKTIX) Net Asset

Track net asset change of BlackRock KY Municipal Instl fund (BKTIX)

DateNet Asset
02/2010$81.25M
01/2010$60.64M
11/2009$55.81M
More historic net asset information on BlackRock KY Municipal Instl Fund (BKTIX)

  

BlackRock KY Municipal Instl Fund (BKTIX) Portfolio Allocation

Track portfolio allocation change of BlackRock KY Municipal Instl fund (BKTIX)

DateCashStockBondOther
09/20095.95%0%93.96%0.09%
06/20091.95%0%97.93%0.12%
03/20091.2%0%98.8%0%
Click here to see more historic asset allocation information on BlackRock KY Municipal Instl Fund (BKTIX)

  

Most Recent Top 10 Holdings in BlackRock KY Municipal Instl Fund (BKTIX)

Discover what BlackRock KY Municipal Instl Fund (BKTIX) manager is buying

30-Sep-09
Louisville Ky Regl Arpt Auth 5% [5.87%]
Charter Mac Equity Issuer Tr Pfd Shs [5.35%]
Louisville & Jefferson Cnty Ky Rev 5.75% [4.89%]
BlackRock FFI Institutional Tax-Exempt [4.5%]
Puerto Rico Sales Tax Fing Cor Re 6.375% [4.35%]
Kentucky St Ppty & Bldgs Commn Re 5.375% [4.31%]
Puerto Rico Comwlth Hwy & Tran Ref 5.5% [3.77%]
Kentucky Hsg Corp Hsg Rev Rev Bds 5.15% [3.64%]
Louisville & Jefferson Cnty Ky Spl 5.5% [3.58%]
Louisville & Jefferson Cnty Ky Hea 5.25% [3.5%]

30-Jun-09
Louisville Ky Regl Arpt Auth 5% [6.19%]
Charter Mac Equity Issuer Tr Pfd Shs [6.09%]
Louisville & Jefferson Cnty Ky Rev 5.75% [5.5%]
Kentucky St Ppty & Bldgs Commn Re 5.375% [4.66%]
PUERTO RICO SALES TAX FING COR REV BDS [4.49%]
Louisville Ky Wtr Wks Brd Wtr Rev 5.25% [3.96%]
Louisville & Jefferson Cnty Ky Spl 5.5% [3.72%]
Puerto Rico Comwlth Hwy & Tran Ref 5.5% [3.7%]
Louisville & Jefferson Cnty Ky Hea 5.25% [3.48%]
Kentucky Econ Dev Fin Auth 5.375% [2.99%]

31-Mar-09
Louisville Ky Regl Arpt Auth 5% [6.38%]
Charter Mac Equity Issuer Tr Pfd Shs [6.34%]
Louisville & Jefferson Cnty Ky Rev 5.75% [5.69%]
KENTUCKY ST PPTY & BLDGS COMMN REV REF B [4.74%]
Louisville Ky Wtr Wks Brd Wtr Rev 5.25% [4.11%]
Louisville & Jefferson Cnty Ky Spl 5.5% [3.8%]
Puerto Rico Comwlth Hwy & Tran Ref 5.5% [3.8%]
Louisville & Jefferson Cnty Ky Hea 5.25% [3.21%]
Jefferson Cnty Ky Sch Dist 5.25% [3.07%]
Lexington-Fayette Urban Cnty G Swr Sy 5% [3.02%]
Click here for Stock Holding Change Map in BlackRock KY Municipal Instl Fund (BKTIX)

  

Related books and products to BlackRock KY Municipal Instl Fund (BKTIX)

  

Latest News on BlackRock KY Municipal Instl (BKTIX)

See what is happening with BlackRock KY Municipal Instl Fund (BKTIX)

 

Books and Resources

 

 

See more information on BlackRock KY Municipal Instl Fund (BKTIX)