Fund Mojo help you discover the best fund managers, funds, and related information

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

BlackRock High Yield Municipal Inv A (MDYHX) Fund Ranking and Research

Ranking, Research and Recommendation of BlackRock High Yield Municipal Inv A (MDYHX) Fund

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

 

Graph of BlackRock High Yield Municipal Inv A Fund (MDYHX) ManagerFund Manager - Theodore Jaeckel Jr.

Fund Manager Information

Fund Manager Tenure: 13.5 years
Fund Family: BlackRock
Fund Category: High Yield Muni
Fund Performance: May 30, 2016
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 Jaeckel Jr.

 

Graph of BlackRock High Yield Municipal Inv A Fund (MDYHX) ProfileBlackRock High Yield Municipal Inv A Fund (MDYHX) Profile

Fund Profile and Description

BlackRock High Yield Municipal Inv A Fund seeks to provide shareholders with as high a level of income exempt from Federal income taxes. BlackRock High Yield Municipal Inv A Fund normally invests at least 80% of assets in municipal bonds. It intends to invest at least 65% of the fund's net assets in medium- to low-quality bonds as rated by at least one independent rating agency. BlackRock High Yield Municipal Inv A Fund could invest up to 100% of assets in "junk bonds." It may also invest up to 10% of assets in municipal bonds that are the subject of bankruptcy proceedings. The portfolio usually invests in municipal bonds that have a maturity of five years or longer.

 

BlackRock High Yield Municipal Inv A (MDYHX) Fund Strength What we like about BlackRock High Yield Municipal Inv A (MDYHX) Fund

Data for BlackRock High Yield Municipal Inv A Fund (MDYHX) as of May 30, 2016

  • BlackRock High Yield Municipal Inv A Fund (MDYHX) management has been with BlackRock High Yield Municipal Inv A Fund for 13.5 years
  • BlackRock High Yield Municipal Inv A Fund (MDYHX) has good short-term performance (1-year return 9.14% vs 7.20% High Yield Muni category median performance)
  • BlackRock High Yield Municipal Inv A Fund (MDYHX) has good mid-term performance (3-year return 5.45% vs 4.69% High Yield Muni category median performance)
  • BlackRock High Yield Municipal Inv A Fund (MDYHX) has good Long-term performance (5-year return 8.19% vs 7.24% High Yield Muni category median performance)
  • BlackRock High Yield Municipal Inv A Fund (MDYHX) ratio of up-years vs down years is greater than 2
  • Asset base in BlackRock High Yield Municipal Inv A Fund (MDYHX) has been consistently increasing at a reasonable pace in the last 2 months. It shows investor confidence and market support
  • BlackRock High Yield Municipal Inv A Fund (MDYHX) has a lower expense ratio than its High Yield Muni average: 0.93% vs 0.94%

BlackRock High Yield Municipal Inv A Fund (MDYHX) Weakness What we are cautious about BlackRock High Yield Municipal Inv A (MDYHX) Fund

Data for BlackRock High Yield Municipal Inv A Fund (MDYHX) as of May 30, 2016

  • BlackRock High Yield Municipal Inv A Fund (MDYHX) has a Morningstar rating of 3 and below
  • BlackRock High Yield Municipal Inv A Fund (MDYHX) is less safe compared to its High Yield Muni peers
  • BlackRock High Yield Municipal Inv A Fund (MDYHX) has an annual stock turnover rate of 41.00% that is higher than the High Yield Muni average of 21.59%. This could mean BlackRock High Yield Municipal Inv A is more nimble, but also signal potential high tax impact and high trading fees
  • BlackRock High Yield Municipal Inv A Fund (MDYHX) is more volatile than its peers as it has a 3-year Standard Deviation of 6.39 that is higher than category average of 5.19
  • BlackRock High Yield Municipal Inv A Fund (MDYHX) carries a 4.25% load
See BlackRock High Yield Municipal Inv A Fund (MDYHX) performance details as of May 30, 2016

 

What do you think?

 

Compare BlackRock High Yield Municipal Inv A Fund (MDYHX)Compare with other top High Yield Muni category mutual funds

Aadditional top High Yield Muni mutual funds for your consideration

FundYear to Date1 Year3 year5 year
BlackRock High Yield Municipal Inv A4.599.145.458.19
American High-Income Municipal Bond A (AMHIX)3.957.345.437.81Compare
Columbia High Yield Muni Z (SRHMX)2.966.485.407.65Compare
Federated Municipal High Yield Adv F (FHTFX)3.767.205.267.52Compare

See top fund managers for High Yield Muni Category Funds

 

Compare BlackRock High Yield Municipal Inv A Fund (MDYHX)Compare with High Yield Muni category ETFs

Some High Yield Muni ETFs for your consideration

ETFYear to DateOne YearThree Year
Market Vectors High-Yield Municipal ETF (HYD)4.66%8.12%4.07%
SPDR Nuveen S&P High Yield Muni Bd ETF (HYMB)4.17%7.38%4.98%

 

Graph of BlackRock High Yield Municipal Inv A Fund (MDYHX) Net Asset TrackingBlackRock High Yield Municipal Inv A (MDYHX) Fund Net Asset

Track net asset change of BlackRock High Yield Municipal Inv A fund (MDYHX)

DateNet Asset
05/2016$796.00M
03/2016$722.55M
02/2016$664.97M
More historic net asset information on BlackRock High Yield Municipal Inv A Fund (MDYHX)

  

Graph of BlackRock High Yield Municipal Inv A Fund (MDYHX) Portfolio TrackingBlackRock High Yield Municipal Inv A (MDYHX) Fund Portfolio Allocation

Track portfolio allocation change of BlackRock High Yield Municipal Inv A fund (MDYHX)

DateCashStockBondOther
04/20168.43%0%91.57%0%
02/20165.86%0%94.14%0%
01/20168.1%0%91.9%0%
Click here to see more historic asset allocation information on BlackRock High Yield Municipal Inv A Fund (MDYHX)

 

graph of BlackRock High Yield Municipal Inv A Fund (MDYHX) Top 10 Position TrackingTop 10 Holdings in BlackRock High Yield Municipal Inv A (MDYHX) Fund

Discover what BlackRock High Yield Municipal Inv A Fund (MDYHX) manager is buying

Apr 29, 2016
Tender Opt Bd Tr Rcpts / Ctfs Ctfs 5% [2.01%]
Texas Transn Commn Cent Tex Tp Ref Bd 5% [1.95%]
South Carolina St Pub Svcs Aut Rev 5.25% [1.6%]
New York N Y City Indl Dev Agy Spl Fa 2% [1.56%]
Golden St Tob Securitization C Tob 5.75% [1.48%]
Tobacco Settlement Fing Corp R Asset 5% [1.23%]
New York Cntys Tob Tr Iv Pass Thro 6.25% [1.18%]
Buckeye Ohio Tob Settlement Fi To 5.875% [1.12%]
New York Liberty Dev Corp Libe Rev Bd 5% [1.08%]
Wise Cnty Va Indl Dev Auth 1.875% [1.06%]

Feb 28, 2016
Texas Transn Commn Cent Tex Tp Ref Bd 5% [2.16%]
South Carolina St Pub Svcs Aut Rev 5.25% [1.75%]
Tender Opt Bd Tr Rcpts / Ctfs Ctfs 5% [1.68%]
Golden St Tob Securitization C Tob 5.75% [1.6%]
Tobacco Settlement Fing Corp R Asset 5% [1.36%]
New York Cntys Tob Tr Iv Pass Thro 6.25% [1.32%]
Wise Cnty Va Indl Dev Auth 1.875% [1.21%]
New York Liberty Dev Corp Libe Rev Bd 5% [1.19%]
Buckeye Ohio Tob Settlement Fi To 5.875% [1.17%]
New York N Y City Indl Dev Agy Spl Fa 2% [1.08%]

Jan 30, 2016
Texas Transn Commn Cent Tex Tp Ref Bd 5% [2.23%]
South Carolina St Pub Svcs Aut Rev 5.25% [1.76%]
Tender Opt Bd Tr Rcpts / Ctfs Ctfs 5% [1.74%]
Golden St Tob Securitization C Tob 5.75% [1.59%]
Tobacco Settlement Fing Corp R Asset 5% [1.37%]
New York Cntys Tob Tr Iv Pass Thro 6.25% [1.32%]
Wise Cnty Va Indl Dev Auth 1.875% [1.2%]
New York Liberty Dev Corp Libe Rev Bd 5% [1.19%]
Buckeye Ohio Tob Settlement Fi To 5.875% [1.15%]
New York N Y City Indl Dev Agy Spl Fa 2% [1.1%]
Click here for Stock Holding Change Map in BlackRock High Yield Municipal Inv A Fund (MDYHX)

  

Latest News on BlackRock High Yield Municipal Inv A (MDYHX) Fund

See what is happening with BlackRock High Yield Municipal Inv A Fund (MDYHX)

    No recent news

 

BlackRock High Yield Municipal Inv A Fund (MDYHX) Related ResourcesSee more information on BlackRock High Yield Municipal Inv A (MDYHX) Fund

Popular pages on BlackRock High Yield Municipal Inv A (MDYHX) Fund

  

Fund Mojo Newsletter

Fund Mojo on Facebook Follow FundMojo on Twitter Fund Update