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BlackRock Short-Term Municipal Inv C (MFLMX) Fund Ranking and Research

Ranking, Research and Recommendation of BlackRock Short-Term Municipal Inv C (MFLMX) Fund

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

 

Graph of BlackRock Short-Term Municipal Inv C Fund (MFLMX) 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: E (Score: 0.32)     (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 Inv C Fund (MFLMX) ProfileBlackRock Short-Term Municipal Inv C Fund (MFLMX) Profile

Fund Profile and Description

BlackRock Short-Term Municipal Inv C Fund seeks income exempt from federal income taxes. BlackRock Short-Term Municipal Inv C 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 Inv C (MFLMX) Fund Strength What we like about BlackRock Short-Term Municipal Inv C (MFLMX) Fund

Data for BlackRock Short-Term Municipal Inv C Fund (MFLMX) as of May 30, 2016

  • BlackRock Short-Term Municipal Inv C Fund (MFLMX) management has been with BlackRock Short-Term Municipal Inv C Fund for 23.6 years
  • BlackRock Short-Term Municipal Inv C Fund (MFLMX) is less volatile than its peers as it has a 3-year Standard Deviation of 0.6, lower than category average of 1.26

BlackRock Short-Term Municipal Inv C Fund (MFLMX) Weakness What we are cautious about BlackRock Short-Term Municipal Inv C (MFLMX) Fund

Data for BlackRock Short-Term Municipal Inv C Fund (MFLMX) as of May 30, 2016

  • BlackRock Short-Term Municipal Inv C Fund (MFLMX) has a less-than-ideal short-term performance (1-year return -0.19% vs 1.39% Muni National Short category median performance)
  • BlackRock Short-Term Municipal Inv C Fund (MFLMX) has a less-than-ideal mid-term performance (3-year return -0.66% vs 0.80% Muni National Short category median performance)
  • BlackRock Short-Term Municipal Inv C Fund (MFLMX) has a less-than-ideal Long-term performance (5-year return -0.49% vs 1.38% Muni National Short category median performance)
  • BlackRock Short-Term Municipal Inv C Fund (MFLMX) ratio of up-years vs down years can be improved
  • BlackRock Short-Term Municipal Inv C Fund (MFLMX) has a Morningstar rating of 3 and below
  • BlackRock Short-Term Municipal Inv C Fund (MFLMX) is less safe compared to its Muni National Short peers
  • BlackRock Short-Term Municipal Inv C Fund (MFLMX) 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 Inv C is more nimble, but also signal potential high tax impact and high trading fees
  • BlackRock Short-Term Municipal Inv C Fund (MFLMX) does not have a good risk adjusted return as its 3-year Alpha of -1.1 is worse than category average of -0.36, and its 3-year Sharpe ratio is -1.22
  • BlackRock Short-Term Municipal Inv C Fund (MFLMX) has a higher expense ratio of 1.47% than its Muni National Short average of 0.71%
  • BlackRock Short-Term Municipal Inv C Fund (MFLMX) carries a 1% load
  • Asset base in BlackRock Short-Term Municipal Inv C Fund (MFLMX) has been consistently decreasing in the last 2 months. It shows lacks of investor confidence and market support
See BlackRock Short-Term Municipal Inv C Fund (MFLMX) performance details as of May 30, 2016

 

What do you think?

 

Compare BlackRock Short-Term Municipal Inv C Fund (MFLMX)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 Inv C0.00-0.19-0.66-0.49
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 Inv C Fund (MFLMX)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 Inv C Fund (MFLMX) Net Asset TrackingBlackRock Short-Term Municipal Inv C (MFLMX) Fund Net Asset

Track net asset change of BlackRock Short-Term Municipal Inv C fund (MFLMX)

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

  

Graph of BlackRock Short-Term Municipal Inv C Fund (MFLMX) Portfolio TrackingBlackRock Short-Term Municipal Inv C (MFLMX) Fund Portfolio Allocation

Track portfolio allocation change of BlackRock Short-Term Municipal Inv C fund (MFLMX)

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 Inv C Fund (MFLMX)

 

graph of BlackRock Short-Term Municipal Inv C Fund (MFLMX) Top 10 Position TrackingTop 10 Holdings in BlackRock Short-Term Municipal Inv C (MFLMX) Fund

Discover what BlackRock Short-Term Municipal Inv C Fund (MFLMX) 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 Inv C Fund (MFLMX)

  

Latest News on BlackRock Short-Term Municipal Inv C (MFLMX) Fund

See what is happening with BlackRock Short-Term Municipal Inv C Fund (MFLMX)

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BlackRock Short-Term Municipal Inv C Fund (MFLMX) Related ResourcesSee more information on BlackRock Short-Term Municipal Inv C (MFLMX) Fund

Popular pages on BlackRock Short-Term Municipal Inv C (MFLMX) Fund

  

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