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BlackRock NY Municipal Opps Instl (MANKX) Fund Ranking and Research

Ranking, Research and Recommendation of BlackRock NY Municipal Opps Instl (MANKX) Fund

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

 

Graph of BlackRock NY Municipal Opps Instl Fund (MANKX) ManagerFund Manager - Theodore R. Jaeckel Jr.

Fund Manager Information

Fund Manager Tenure: 13.6 years
Fund Family: BlackRock
Fund Category: Muni New York Intermediate
Fund Performance: May 30, 2016
Fundmojo Fund Grade: A (Score: 0.71)     (What does this score mean?)

 

Graph of BlackRock NY Municipal Opps Instl Fund (MANKX) ProfileBlackRock NY Municipal Opps Instl Fund (MANKX) Profile

Fund Profile and Description

BlackRock NY Municipal Opps Instl Fund seeks income exempt from federal income tax and New York State and New York City personal income taxes. BlackRock NY Municipal Opps Instl Fund normally invests at least 80% of assets in investment grade New York municipal bonds. These may be obligations of a variety of issuers including governmental entities in New York and issuers located in Puerto Rico, the U.S. Virgin Islands and Guam. The interest on these obligations may not be exempt from the Federal AMT. BlackRock NY Municipal Opps Instl Fund may invest up to 20% of assets in non-investment grade bonds (high yield or junk bonds). Its weighted average maturity is normally more than ten years.

 

BlackRock NY Municipal Opps Instl (MANKX) Fund Strength What we like about BlackRock NY Municipal Opps Instl (MANKX) Fund

Data for BlackRock NY Municipal Opps Instl Fund (MANKX) as of May 30, 2016

  • BlackRock NY Municipal Opps Instl Fund (MANKX) management has been with BlackRock NY Municipal Opps Instl Fund for 13.6 years
  • BlackRock NY Municipal Opps Instl Fund (MANKX) has good short-term performance (1-year return 8.05% vs 4.88% Muni New York Intermediate category median performance)
  • BlackRock NY Municipal Opps Instl Fund (MANKX) has good mid-term performance (3-year return 4.98% vs 2.96% Muni New York Intermediate category median performance)
  • BlackRock NY Municipal Opps Instl Fund (MANKX) has good Long-term performance (5-year return 6.11% vs 3.88% Muni New York Intermediate category median performance)
  • BlackRock NY Municipal Opps Instl Fund (MANKX) ratio of up-years vs down years is greater than 2
  • BlackRock NY Municipal Opps Instl Fund (MANKX) has a Morningstar rating of 4 and above
  • Asset base in BlackRock NY Municipal Opps Instl Fund (MANKX) has been consistently increasing at a reasonable pace in the last 2 months. It shows investor confidence and market support
  • BlackRock NY Municipal Opps Instl Fund (MANKX) has a lower expense ratio than its Muni New York Intermediate average: 0.65% vs 0.83%
  • BlackRock NY Municipal Opps Instl Fund (MANKX) is a true no-load fund as it has no load and no 12b1 promotion, distributions, marketing expenses

BlackRock NY Municipal Opps Instl Fund (MANKX) Weakness What we are cautious about BlackRock NY Municipal Opps Instl (MANKX) Fund

Data for BlackRock NY Municipal Opps Instl Fund (MANKX) as of May 30, 2016

  • BlackRock NY Municipal Opps Instl Fund (MANKX) is less safe compared to its Muni New York Intermediate peers
  • BlackRock NY Municipal Opps Instl Fund (MANKX) has an annual stock turnover rate of 22.00% that is higher than the Muni New York Intermediate average of 12.97%. This could mean BlackRock NY Municipal Opps Instl is more nimble, but also signal potential high tax impact and high trading fees
  • BlackRock NY Municipal Opps Instl Fund (MANKX) is more volatile than its peers as it has a 3-year Standard Deviation of 4.99 that is higher than category average of 3.35
See BlackRock NY Municipal Opps Instl Fund (MANKX) performance details as of May 30, 2016

 

What do you think?

 

Compare BlackRock NY Municipal Opps Instl Fund (MANKX)Compare with other top Muni New York Intermediate category mutual funds

Aadditional top Muni New York Intermediate mutual funds for your consideration

FundYear to Date1 Year3 year5 year
BlackRock NY Municipal Opps Instl3.138.054.986.11

See top fund managers for Muni New York Intermediate Category Funds

 

Compare BlackRock NY Municipal Opps Instl Fund (MANKX)Compare with Muni New York Intermediate category ETFs

Some Muni New York Intermediate ETFs for your consideration

ETFYear to DateOne YearThree Year
iShares New York AMT-Free Muni Bond (NYF)2.38%5.51%3.97%

 

Graph of BlackRock NY Municipal Opps Instl Fund (MANKX) Net Asset TrackingBlackRock NY Municipal Opps Instl (MANKX) Fund Net Asset

Track net asset change of BlackRock NY Municipal Opps Instl fund (MANKX)

DateNet Asset
05/2016$570.19M
03/2016$497.46M
02/2016$473.51M
More historic net asset information on BlackRock NY Municipal Opps Instl Fund (MANKX)

  

Graph of BlackRock NY Municipal Opps Instl Fund (MANKX) Portfolio TrackingBlackRock NY Municipal Opps Instl (MANKX) Fund Portfolio Allocation

Track portfolio allocation change of BlackRock NY Municipal Opps Instl fund (MANKX)

DateCashStockBondOther
04/20164.85%0%95.15%0%
02/20163.75%0%96.25%0%
01/20163.41%0%96.59%0%
Click here to see more historic asset allocation information on BlackRock NY Municipal Opps Instl Fund (MANKX)

 

graph of BlackRock NY Municipal Opps Instl Fund (MANKX) Top 10 Position TrackingTop 10 Holdings in BlackRock NY Municipal Opps Instl (MANKX) Fund

Discover what BlackRock NY Municipal Opps Instl Fund (MANKX) manager is buying

Apr 29, 2016
New York N Y City Indl Dev Agy Spl Fa 2% [2.64%]
Metropolitan Transn Auth 5% [2.43%]
New York Liberty Dev Corp Libe Se 5.625% [2.06%]
Nassau Cnty N Y For Issues Dtd Go Gen 5% [1.7%]
Liberty N Y Dev Corp Rev Rev Bds 5.25% [1.54%]
New York Convention Ctr Dev Co Ref Bd 5% [1.41%]
New York St Dorm Auth 5% [1.35%]
Tender Opt Bd Tr Rcpts / Ctfs Ctfs [1.34%]
Port Auth 5% [1.3%]

Feb 28, 2016
New York Liberty Dev Corp Libe Se 5.625% [2.25%]
Liberty N Y Dev Corp Rev Rev Bds 5.25% [2.13%]
New York N Y City Indl Dev Agy Spl Fa 2% [1.87%]
Nassau Cnty N Y Go Gen Im 5% [1.85%]
New York Convention Ctr Dev Co Ref Bd 5% [1.53%]
Port Auth 5% [1.45%]
Tender Opt Bd Tr Rcpts / Ctfs Ctfs [1.44%]
New York St Twy Auth 5% [1.39%]
Hudson Yds Infrasct Corp Rev Bds 5% [1.31%]

Jan 30, 2016
New York Liberty Dev Corp Libe Se 5.625% [2.31%]
New York N Y City Indl Dev Agy Spl Fa 2% [2.25%]
New York Convention Ctr Dev Co Ref Bd 5% [1.57%]
Port Auth 5% [1.49%]
Tender Opt Bd Tr Rcpts / Ctfs Ctfs [1.49%]
Liberty N Y Dev Corp Rev Rev Bds 5.25% [1.4%]
Hudson Yds Infrasct Corp Rev Bds 5% [1.38%]
New York St Twy Auth 5% [1.34%]
Click here for Stock Holding Change Map in BlackRock NY Municipal Opps Instl Fund (MANKX)

  

Latest News on BlackRock NY Municipal Opps Instl (MANKX) Fund

See what is happening with BlackRock NY Municipal Opps Instl Fund (MANKX)

 

BlackRock NY Municipal Opps Instl Fund (MANKX) Related ResourcesSee more information on BlackRock NY Municipal Opps Instl (MANKX) Fund

Popular pages on BlackRock NY Municipal Opps Instl (MANKX) Fund

  

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