Mutual Fund Insights: BlackRock PA Municipal Bond A1 Fund (MDPYX)

In-depth Analysis of BlackRock PA Municipal Bond A1 Fund (MDPYX)

3 months 6 months 1 year 3 year 5 year

See BlackRock PA Municipal Bond A1 Fund (MDPYX) performance details as of January 31, 2010

  

Last Trade: $10.83 on 3/19/2010, Change: 0.00 (0%)

  

Fund Manager - Theodore R. Jaeckel Jr.

Fund Manager Tenure: 3.3 years
Fundmojo Fund Grade: B (Score: 0.6)     (What does this score mean?)

Jaeckel Jr. is managing director at BlackRock. He joined BlackRock following the merger with Merrill Lynch Investment Managers (MLIM) in 2006. He is a member of BlackRock's Fixed Income Portfolio Management Group. Prior to joining MLIM in 1990, he was a municipal bond trader with Chemical Bank. Jaeckel holds the Chartered Financial Analyst designation.  Get more insights on Theodore R. Jaeckel Jr.

  

 What we like about BlackRock PA Municipal Bond A1 Fund (MDPYX)

Data for BlackRock PA Municipal Bond A1 Fund (MDPYX) as of January 31, 2010

• BlackRock PA Municipal Bond A1 Fund (MDPYX) management has been with BlackRock PA Municipal Bond A1 Fund for 3.3 years
• BlackRock PA Municipal Bond A1 Fund (MDPYX) has good mid-term performance (3-year return 3.13% vs 2.92% Muni Pennsylvania category average)
• BlackRock PA Municipal Bond A1 Fund (MDPYX) has good Long-term performance (5-year return 3.34% vs 3.08% Muni Pennsylvania category average)
• BlackRock PA Municipal Bond A1 Fund (MDPYX) ratio of up-years vs down years is greater than 2
• BlackRock PA Municipal Bond A1 Fund (MDPYX) is less volatile than its peers as it has a 3-year Standard Deviation of 6.85, lower than category average of 6.99
• BlackRock PA Municipal Bond A1 Fund (MDPYX) has a lower management fee than its Muni Pennsylvania average: 0.76% vs 1.07%

  

 What we are cautious about BlackRock PA Municipal Bond A1 Fund (MDPYX)

Data for BlackRock PA Municipal Bond A1 Fund (MDPYX) as of January 31, 2010

• BlackRock PA Municipal Bond A1 Fund is a focused fund with 30.49% of the portfolio on top 10 securities. This tends to produce more volatility compared to a diversified fund. See fund top 10 holdings.
• BlackRock PA Municipal Bond A1 Fund (MDPYX) has a less-than-ideal short-term performance (1-year return 11.59% vs 11.86% Muni Pennsylvania category average)
• BlackRock PA Municipal Bond A1 Fund (MDPYX) has a Morningstar rating of 3 and below
• BlackRock PA Municipal Bond A1 Fund (MDPYX) is less safe compared to its Muni Pennsylvania peers
• BlackRock PA Municipal Bond A1 Fund (MDPYX) carries a 4% load

See BlackRock PA Municipal Bond A1 Fund (MDPYX) performance details as of January 31, 2010

  

  

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BlackRock PA Municipal Bond A1 Fund (MDPYX) Net Asset

Track net asset change of BlackRock PA Municipal Bond A1 fund (MDPYX)

Date	Net Asset
01/2010	$23.04M
11/2009	$23.06M
10/2009	$23.16M

More historic net asset information on BlackRock PA Municipal Bond A1 Fund (MDPYX)

  

BlackRock PA Municipal Bond A1 Fund (MDPYX) Portfolio Allocation

Track portfolio allocation change of BlackRock PA Municipal Bond A1 fund (MDPYX)

Date	Cash	Stock	Bond	Other
11/2009	6.7%	0%	93.3%	0%
08/2009	5.99%	0%	94.01%	0%
05/2009	3.84%	0%	96.16%	0%

Click here to see more historic asset allocation information on BlackRock PA Municipal Bond A1 Fund (MDPYX)

  

Most Recent Top 10 Holdings in BlackRock PA Municipal Bond A1 Fund (MDPYX)

Discover what BlackRock PA Municipal Bond A1 Fund (MDPYX) manager is buying

30-Nov-09 Merrill Lynch CMA PA Municipal Money [6%] Delaware Riv Port Auth 5.75% [5.43%] Delaware Valley Pa Regl Fin Au Loc 5.5% [3.25%] Puerto Rico Sales Tax Fing Cor Re 6.375% [2.95%] Philadelphia Pa Arpt Rev Rev Bds 5% [2.45%] J P Morgan Chase Putters / Dri Ctfs [2.43%] Pennsylvania St Tpk Commn Oil Rev Bds 5% [2.12%] Pennsylvania Econ Dev Fing Rev Bds 6.75% [1.99%] Charter Mac Equity Issuer Tr Pfd Shs [1.94%] Berks Cnty Pa Mun Auth 5.5% [1.93%]

31-Aug-09 Delaware Riv Port Auth 5.75% [6.76%] CMA PA Municipal Money [4.79%] Delaware Valley Pa Regl Fin Au Rev 5.75% [4.46%] PUERTO RICO SALES TAX FING COR REV BDS [3.09%] Philadelphia Pa Arpt Rev Rev Bds 5% [2.44%] Pennsylvania St Tpk Commn Oil Rev Bds 5% [2.16%] Delaware Valley Pa Regl Fin Au Loc 5.5% [2.02%] Charter Mac Equity Issuer Tr Pfd Shs [2%] Pennsylvania Econ Dev Fing Rev Bds 6.75% [1.97%] Berks Cnty Pa Mun Auth 5.5% [1.96%]

31-May-09 Delaware Riv Port Auth 5.75% [7.03%] CHARTER MAC EQUITY ISSUER TR PFD SHS [4.99%] Delaware Valley Pa Regl Fin Au Rev 5.75% [4.52%] CMA PA Municipal Money [3.49%] Philadelphia Pa Arpt Rev Rev Bds 5% [2.41%] Pennsylvania St Tpk Commn Oil Rev Bds 5% [2.21%] Charter Mac Equity Issuer Tr Pfd Shs [2.09%] Delaware Valley Pa Regl Fin Au Loc 5.5% [2.06%] Pennsylvania Econ Dev Fing Rev Bds 6.75% [2.02%] Philadelphia Pa Sch Dist 5% [1.98%]

Click here for Stock Holding Change Map in BlackRock PA Municipal Bond A1 Fund (MDPYX)

  

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Latest News on BlackRock PA Municipal Bond A1 (MDPYX)

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See more information on BlackRock PA Municipal Bond A1 Fund (MDPYX)

• BlackRock PA Municipal Bond A1 Fund Insights
• BlackRock PA Municipal Bond A1 Fund Performance Data
• BlackRock PA Municipal Bond A1 Fund News
• BlackRock PA Municipal Bond A1 Fund Score Explaination
• BlackRock PA Municipal Bond A1 Fund Manager Information
• Historic BlackRock PA Municipal Bond A1 Fund Asset Allocation Report
• Historic BlackRock PA Municipal Bond A1 Fund Top 10 Holding Tracking
• Historic BlackRock PA Municipal Bond A1 Fund Asset Under Management Tracking