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Trending ETFs

Name

As of 03/27/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

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Vitals

YTD Return

0.5%

1 yr return

3.7%

3 Yr Avg Return

0.4%

5 Yr Avg Return

0.7%

Net Assets

$858 M

Holdings in Top 10

19.6%

52 WEEK LOW AND HIGH

$9.9
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.64%

SALES FEES

Front Load 3.00%

Deferred Load N/A

TRADING FEES

Turnover 41.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$1,000

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 03/27/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

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MELMX - Profile

Distributions

  • YTD Total Return 0.5%
  • 3 Yr Annualized Total Return 0.4%
  • 5 Yr Annualized Total Return 0.7%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.45%
DIVIDENDS
  • Dividend Yield 3.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Blackrock Municipal Bond Fund Inc. - BlackRock S/T Municipal Fd USD - A
  • Fund Family Name
    BlackRock
  • Inception Date
    Oct 03, 2006
  • Shares Outstanding
    N/A
  • Share Class
    Other
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Kevin Schiatta

Fund Description


MELMX - Performance

Return Ranking - Trailing

Period MELMX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.5% -2.7% 12.2% 17.44%
1 Yr 3.7% -3.0% 38.5% 37.75%
3 Yr 0.4%* -10.3% 3.3% 8.39%
5 Yr 0.7%* -5.7% 1102.9% 69.60%
10 Yr 0.5%* -0.2% 248.3% 98.02%

* Annualized

Return Ranking - Calendar

Period MELMX Return Category Return Low Category Return High Rank in Category (%)
2023 1.5% -1.4% 41.0% 86.20%
2022 -3.8% -39.7% 0.3% 4.20%
2021 -0.6% -5.6% 6.9% 51.92%
2020 0.3% -2.6% 310.0% 93.44%
2019 0.7% 0.0% 26.0% 97.92%

Total Return Ranking - Trailing

Period MELMX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.5% -2.7% 12.2% 17.44%
1 Yr 3.7% -3.0% 38.5% 37.75%
3 Yr 0.4%* -10.3% 3.3% 8.39%
5 Yr 0.7%* -5.7% 1102.9% 69.60%
10 Yr 0.5%* -0.2% 248.3% 98.02%

* Annualized

Total Return Ranking - Calendar

Period MELMX Return Category Return Low Category Return High Rank in Category (%)
2023 4.4% -1.3% 41.0% 76.17%
2022 -2.8% -39.7% 1.1% 5.19%
2021 -0.2% -4.8% 23761504.0% 92.06%
2020 0.8% -1.5% 17057.9% 96.82%
2019 2.1% 0.2% 3514.6% 97.71%

NAV & Total Return History


MELMX - Holdings

Concentration Analysis

MELMX Category Low Category High MELMX % Rank
Net Assets 858 M 3.48 M 68.1 B 32.04%
Number of Holdings 360 2 12848 35.05%
Net Assets in Top 10 142 M -317 M 3.4 B 30.93%
Weighting of Top 10 19.62% 1.9% 100.4% 40.55%

Top 10 Holdings

  1. MAIN STR NAT GAS INC GA GAS SUPPLY REV 4% 4.34%
  2. IOWA FIN AUTH MIDWESTERN DISASTER AREA ECONOMIC DEV REV 0.09% 3.30%
  3. BURLINGTON KANS ENVIRONMENTAL IMPT REV 0.76% 2.50%
  4. SOUTHEAST ALA GAS SUPPLY DIST GAS SUPPLY REV 4% 2.46%
  5. EAST BATON ROUGE PARISH LA INC INDL DEV BRD REV 0.13% 2.04%
  6. MISSISSIPPI BUSINESS FIN CORP MISS GULF OPPORTUNITY ZONE 0.02% 1.92%
  7. LAKE CHARLES LA HBR & TERM DIST REV 1% 1.82%
  8. NEW YORK N Y CITY MUN WTR FIN AUTH WTR & SWR SYS REV 0.11% 1.81%
  9. COLORADO SPRINGS COLO UTILS REV 0.05% 1.81%
  10. BLACK BELT ENERGY GAS DIST ALA GAS PROJ REV 4% 1.72%

Asset Allocation

Weighting Return Low Return High MELMX % Rank
Bonds
95.20% 0.00% 150.86% 86.99%
Cash
4.80% -50.86% 50.09% 10.24%
Stocks
0.00% 0.00% 99.80% 16.81%
Preferred Stocks
0.00% 0.00% 0.52% 6.25%
Other
0.00% -8.54% 33.35% 16.43%
Convertible Bonds
0.00% 0.00% 0.93% 6.27%

Bond Sector Breakdown

Weighting Return Low Return High MELMX % Rank
Municipal
95.20% 44.39% 100.00% 80.72%
Cash & Equivalents
4.80% 0.00% 48.02% 6.89%
Derivative
0.00% -8.54% 23.38% 12.76%
Securitized
0.00% 0.00% 5.93% 8.09%
Corporate
0.00% 0.00% 9.41% 23.67%
Government
0.00% 0.00% 52.02% 13.71%

Bond Geographic Breakdown

Weighting Return Low Return High MELMX % Rank
US
94.46% 0.00% 142.23% 88.02%
Non US
0.74% 0.00% 23.89% 7.47%

MELMX - Expenses

Operational Fees

MELMX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.64% 0.01% 20.65% 61.10%
Management Fee 0.29% 0.00% 1.20% 13.26%
12b-1 Fee 0.25% 0.00% 1.00% 37.55%
Administrative Fee N/A 0.01% 0.44% N/A

Sales Fees

MELMX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 3.00% 0.50% 4.75% 62.71%
Deferred Load N/A 0.25% 5.00% N/A

Trading Fees

MELMX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 1.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

MELMX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 41.00% 0.00% 283.00% 87.53%

MELMX - Distributions

Dividend Yield Analysis

MELMX Category Low Category High MELMX % Rank
Dividend Yield 3.01% 0.00% 14.36% 52.29%

Dividend Distribution Analysis

MELMX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Monthly Monthly Monthly

Net Income Ratio Analysis

MELMX Category Low Category High MELMX % Rank
Net Income Ratio 0.45% -0.53% 5.33% 96.15%

Capital Gain Distribution Analysis

MELMX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Distributions History

View More +

MELMX - Fund Manager Analysis

Managers

Kevin Schiatta


Start Date

Tenure

Tenure Rank

Oct 28, 2016

5.59

5.6%

Kevin A. Schiatta, CFA .Director of BlackRock, Inc. since 2006. Responsible for the day-to-day management of the Fund’s portfolio including setting the Fund’s overall investment strategy and overseeing the management of the Fund. Schiatta has been a director of MLIM since 2000 and was a vice president thereof from 1994 to 2000.

Kristi Manidis


Start Date

Tenure

Tenure Rank

Sep 03, 2019

2.74

2.7%

Christian Romaglino


Start Date

Tenure

Tenure Rank

Jun 25, 2021

0.93

0.9%

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 35.05 7.36 1.58