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BlackRock Short-Term Municipal Instl (MALMX) Fund Ranking and Research

Ranking, Research and Recommendation of BlackRock Short-Term Municipal Instl (MALMX) Fund

    Last Trade: $ on , Change: (0%)

 

Graph of BlackRock Short-Term Municipal Instl Fund (MALMX) ManagerFund Manager - Peter J. Hayes

Fund Manager Information

Fund Manager Tenure: 23.6 years
Fund Family: BlackRock
Fund Category: Muni National Short
Fund Performance: May 30, 2016
Fundmojo Fund Grade: D (Score: 0.47)     (What does this score mean?)
Hayes is a managing director of BlackRock, Inc. Prior to joining BlackRock in 2006, he was a managing director of MLIM from 2000 to 2006 and was a first vice president of MLIM from 1997 to 2000. He has been a portfolio manager with BlackRock or MLIM since 1987.  Get more insights on Peter J. Hayes

 

Graph of BlackRock Short-Term Municipal Instl Fund (MALMX) ProfileBlackRock Short-Term Municipal Instl Fund (MALMX) Profile

Fund Profile and Description

BlackRock Short-Term Municipal Instl Fund seeks income exempt from federal income taxes. BlackRock Short-Term Municipal Instl Fund normally invests 80% of assets in municipal bonds. It invests primarily in investment grade municipal bonds or municipal notes, including variable rate demand obligations. The Fund maintains a dollar weighted maturity of no more than three years.

 

BlackRock Short-Term Municipal Instl (MALMX) Fund Strength What we like about BlackRock Short-Term Municipal Instl (MALMX) Fund

Data for BlackRock Short-Term Municipal Instl Fund (MALMX) as of May 30, 2016

  • BlackRock Short-Term Municipal Instl Fund (MALMX) management has been with BlackRock Short-Term Municipal Instl Fund for 23.6 years
  • BlackRock Short-Term Municipal Instl Fund (MALMX) ratio of up-years vs down years is greater than 2
  • BlackRock Short-Term Municipal Instl Fund (MALMX) is less volatile than its peers as it has a 3-year Standard Deviation of 0.59, lower than category average of 1.26
  • BlackRock Short-Term Municipal Instl Fund (MALMX) has a lower expense ratio than its Muni National Short average: 0.40% vs 0.71%
  • BlackRock Short-Term Municipal Instl Fund (MALMX) is a true no-load fund as it has no load and no 12b1 promotion, distributions, marketing expenses

BlackRock Short-Term Municipal Instl Fund (MALMX) Weakness What we are cautious about BlackRock Short-Term Municipal Instl (MALMX) Fund

Data for BlackRock Short-Term Municipal Instl Fund (MALMX) as of May 30, 2016

  • BlackRock Short-Term Municipal Instl Fund (MALMX) has a less-than-ideal short-term performance (1-year return 0.84% vs 1.39% Muni National Short category median performance)
  • BlackRock Short-Term Municipal Instl Fund (MALMX) has a less-than-ideal mid-term performance (3-year return 0.42% vs 0.80% Muni National Short category median performance)
  • BlackRock Short-Term Municipal Instl Fund (MALMX) has a less-than-ideal Long-term performance (5-year return 0.59% vs 1.38% Muni National Short category median performance)
  • BlackRock Short-Term Municipal Instl Fund (MALMX) has a Morningstar rating of 3 and below
  • BlackRock Short-Term Municipal Instl Fund (MALMX) is less safe compared to its Muni National Short peers
  • BlackRock Short-Term Municipal Instl Fund (MALMX) has an annual stock turnover rate of 72.00% that is higher than the Muni National Short average of 25.33%. This could mean BlackRock Short-Term Municipal Instl is more nimble, but also signal potential high tax impact and high trading fees
  • Asset base in BlackRock Short-Term Municipal Instl Fund (MALMX) has been consistently decreasing in the last 2 months. It shows lacks of investor confidence and market support
See BlackRock Short-Term Municipal Instl Fund (MALMX) performance details as of May 30, 2016

 

What do you think?

 

Compare BlackRock Short-Term Municipal Instl Fund (MALMX)Compare with other top Muni National Short category mutual funds

Aadditional top Muni National Short mutual funds for your consideration

FundYear to Date1 Year3 year5 year
BlackRock Short-Term Municipal Instl0.490.840.420.59
Wells Fargo Advantage Strat Muni Bd Adm (VMPYX)1.413.242.513.08Compare

See top fund managers for Muni National Short Category Funds

 

Compare BlackRock Short-Term Municipal Instl Fund (MALMX)Compare with Muni National Short category ETFs

Some Muni National Short ETFs for your consideration

ETFYear to DateOne YearThree Year
Market Vectors Short Municipal ETF (SMB)1.00%2.60%1.17%
Market Vectors Pre-Refunded Muni ETF (PRB)0.80%2.12%0.37%
PIMCO Short Term Municipal Bond Actv ETF (SMMU)0.82%1.71%0.80%
iShares ST National AMTFree Muni Bnd (SUB)000
SPDR Nuveen Barclays ST Muni Bd ETF (SHM)000

 

Graph of BlackRock Short-Term Municipal Instl Fund (MALMX) Net Asset TrackingBlackRock Short-Term Municipal Instl (MALMX) Fund Net Asset

Track net asset change of BlackRock Short-Term Municipal Instl fund (MALMX)

DateNet Asset
05/2016$584.94M
03/2016$624.28M
02/2016$624.65M
More historic net asset information on BlackRock Short-Term Municipal Instl Fund (MALMX)

  

Graph of BlackRock Short-Term Municipal Instl Fund (MALMX) Portfolio TrackingBlackRock Short-Term Municipal Instl (MALMX) Fund Portfolio Allocation

Track portfolio allocation change of BlackRock Short-Term Municipal Instl fund (MALMX)

DateCashStockBondOther
04/20169.95%0%90.05%0%
02/201612.92%0%87.08%0%
01/201610.55%0%89.45%0%
Click here to see more historic asset allocation information on BlackRock Short-Term Municipal Instl Fund (MALMX)

 

graph of BlackRock Short-Term Municipal Instl Fund (MALMX) Top 10 Position TrackingTop 10 Holdings in BlackRock Short-Term Municipal Instl (MALMX) Fund

Discover what BlackRock Short-Term Municipal Instl Fund (MALMX) manager is buying

Apr 29, 2016
New York St Dorm Auth 5% [3.49%]
Florida St Dept Environmental Florida 5% [3.2%]
Los Angeles Calif Uni Sch Dist 5% [3.11%]
Seattle Wash Mun Lt & Pwr Rev Ref Bds 5% [2.79%]
New York St Urban Dev Corp Rev St Per 5% [2.7%]
Nevada St Unemploymt Compens Rev Bds 5% [2.4%]
Clark Cnty Nev Sch Dist 5.5% [2.37%]
Regl Transn Auth 0.65% [2.31%]
New Jersey St Edl Facs Auth 5% [2.2%]
Portland Ore Swr Sys Rev First Lie 5% [1.84%]

Feb 28, 2016
New York St Dorm Auth 5% [3.57%]
Florida St Dept Environmental Florida 5% [3.19%]
Los Angeles Calif Uni Sch Dist 5% [3.1%]
Seattle Wash Mun Lt & Pwr Rev Ref Bds 5% [2.85%]
Nevada St Unemploymt Compens Rev Bds 5% [2.39%]
Clark Cnty Nev Sch Dist 5.5% [2.37%]
Regl Transn Auth 0.55% [2.3%]
New Jersey St Edl Facs Auth 5% [2.18%]
Portland Ore Swr Sys Rev First Lie 5% [1.84%]
New York N Y Go Bds 5% [1.83%]

Jan 30, 2016
New York St Dorm Auth 5% [3.59%]
Florida St Dept Environmental Florida 5% [3.21%]
Los Angeles Calif Uni Sch Dist 5% [3.13%]
Seattle Wash Mun Lt & Pwr Rev Ref Bds 5% [2.86%]
Nevada St Unemploymt Compens Rev Bds 5% [2.42%]
Clark Cnty Nev Sch Dist 5.5% [2.39%]
Regl Transn Auth 0.55% [2.32%]
New Jersey St Edl Facs Auth 5% [2.19%]
New York N Y Go Bds 5% [1.88%]
Portland Ore Swr Sys Rev First Lie 5% [1.85%]
Click here for Stock Holding Change Map in BlackRock Short-Term Municipal Instl Fund (MALMX)

  

Latest News on BlackRock Short-Term Municipal Instl (MALMX) Fund

See what is happening with BlackRock Short-Term Municipal Instl Fund (MALMX)

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BlackRock Short-Term Municipal Instl Fund (MALMX) Related ResourcesSee more information on BlackRock Short-Term Municipal Instl (MALMX) Fund

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