Blackrock Municipal Bond Fund Inc. - BlackRock S/T Municipal Fd USD - A
Name
As of 05/06/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
$9.85
$858 M
3.23%
$0.32
0.64%
Vitals
YTD Return
0.8%
1 yr return
3.6%
3 Yr Avg Return
0.5%
5 Yr Avg Return
0.7%
Net Assets
$858 M
Holdings in Top 10
19.6%
52 WEEK LOW AND HIGH
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 05/06/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
$9.85
$858 M
3.23%
$0.32
0.64%
MELMX - Profile
Distributions
- YTD Total Return 0.8%
- 3 Yr Annualized Total Return 0.5%
- 5 Yr Annualized Total Return 0.7%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.45%
- Dividend Yield 3.2%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameBlackrock Municipal Bond Fund Inc. - BlackRock S/T Municipal Fd USD - A
-
Fund Family NameBlackRock
-
Inception DateOct 03, 2006
-
Shares OutstandingN/A
-
Share ClassOther
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerKevin Schiatta
Fund Description
MELMX - Performance
Return Ranking - Trailing
Period | MELMX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 0.8% | -4.0% | 11.7% | 5.26% |
1 Yr | 3.6% | -4.9% | 33.3% | 10.34% |
3 Yr | 0.5%* | -11.1% | 2.6% | 5.31% |
5 Yr | 0.7%* | -6.2% | 1102.2% | 56.33% |
10 Yr | 0.6%* | -0.5% | 248.3% | 95.66% |
* Annualized
Return Ranking - Calendar
Period | MELMX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 1.5% | -1.4% | 41.0% | 86.25% |
2022 | -3.8% | -39.7% | 0.3% | 4.22% |
2021 | -0.6% | -5.6% | 6.9% | 52.06% |
2020 | 0.3% | -2.6% | 310.0% | 93.48% |
2019 | 0.7% | 0.0% | 26.0% | 97.91% |
Total Return Ranking - Trailing
Period | MELMX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 0.8% | -4.0% | 11.7% | 5.26% |
1 Yr | 3.6% | -4.9% | 33.3% | 10.34% |
3 Yr | 0.5%* | -11.1% | 2.6% | 5.31% |
5 Yr | 0.7%* | -6.2% | 1102.2% | 56.33% |
10 Yr | 0.6%* | -0.5% | 248.3% | 95.66% |
* Annualized
Total Return Ranking - Calendar
Period | MELMX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 4.4% | -1.3% | 41.0% | 76.42% |
2022 | -2.8% | -39.7% | 1.1% | 5.21% |
2021 | -0.2% | -4.8% | 23761504.0% | 92.10% |
2020 | 0.8% | -1.5% | 17057.9% | 96.81% |
2019 | 2.1% | 0.2% | 3514.6% | 97.70% |
NAV & Total Return History
MELMX - Holdings
Concentration Analysis
MELMX | Category Low | Category High | MELMX % Rank | |
---|---|---|---|---|
Net Assets | 858 M | 3.22 M | 71.9 B | 32.44% |
Number of Holdings | 360 | 2 | 13067 | 35.02% |
Net Assets in Top 10 | 142 M | -317 M | 3.56 B | 31.71% |
Weighting of Top 10 | 19.62% | 2.0% | 100.2% | 41.61% |
Top 10 Holdings
- MAIN STR NAT GAS INC GA GAS SUPPLY REV 4% 4.34%
- IOWA FIN AUTH MIDWESTERN DISASTER AREA ECONOMIC DEV REV 0.09% 3.30%
- BURLINGTON KANS ENVIRONMENTAL IMPT REV 0.76% 2.50%
- SOUTHEAST ALA GAS SUPPLY DIST GAS SUPPLY REV 4% 2.46%
- EAST BATON ROUGE PARISH LA INC INDL DEV BRD REV 0.13% 2.04%
- MISSISSIPPI BUSINESS FIN CORP MISS GULF OPPORTUNITY ZONE 0.02% 1.92%
- LAKE CHARLES LA HBR & TERM DIST REV 1% 1.82%
- NEW YORK N Y CITY MUN WTR FIN AUTH WTR & SWR SYS REV 0.11% 1.81%
- COLORADO SPRINGS COLO UTILS REV 0.05% 1.81%
- 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% | 86.43% |
Cash | 4.80% | -50.86% | 46.80% | 11.37% |
Stocks | 0.00% | 0.00% | 99.81% | 24.81% |
Preferred Stocks | 0.00% | 0.00% | 0.10% | 14.49% |
Other | 0.00% | -3.18% | 23.38% | 22.29% |
Convertible Bonds | 0.00% | 0.00% | 0.93% | 14.55% |
Bond Sector Breakdown
Weighting | Return Low | Return High | MELMX % Rank | |
---|---|---|---|---|
Municipal | 95.20% | 44.39% | 100.00% | 80.95% |
Cash & Equivalents | 4.80% | 0.00% | 46.24% | 8.12% |
Derivative | 0.00% | -3.18% | 23.38% | 18.19% |
Securitized | 0.00% | 0.00% | 5.93% | 14.74% |
Corporate | 0.00% | 0.00% | 9.41% | 28.90% |
Government | 0.00% | 0.00% | 52.02% | 21.14% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | MELMX % Rank | |
---|---|---|---|---|
US | 94.46% | 0.00% | 142.23% | 87.65% |
Non US | 0.74% | 0.00% | 23.89% | 7.41% |
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% | 61.09% |
Management Fee | 0.29% | 0.00% | 1.20% | 13.51% |
12b-1 Fee | 0.25% | 0.00% | 1.00% | 39.73% |
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% | 67.42% |
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% | 88.06% |
MELMX - Distributions
Dividend Yield Analysis
MELMX | Category Low | Category High | MELMX % Rank | |
---|---|---|---|---|
Dividend Yield | 3.23% | 0.00% | 14.54% | 47.08% |
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% | 96.25% |
Capital Gain Distribution Analysis
MELMX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Apr 30, 2024 | $0.027 | OrdinaryDividend |
Mar 28, 2024 | $0.026 | OrdinaryDividend |
Feb 29, 2024 | $0.025 | OrdinaryDividend |
Jan 31, 2024 | $0.024 | OrdinaryDividend |
Dec 29, 2023 | $0.026 | OrdinaryDividend |
Nov 30, 2023 | $0.025 | OrdinaryDividend |
Oct 31, 2023 | $0.025 | OrdinaryDividend |
Sep 29, 2023 | $0.024 | OrdinaryDividend |
Aug 31, 2023 | $0.022 | OrdinaryDividend |
Jul 31, 2023 | $0.021 | OrdinaryDividend |
Jun 30, 2023 | $0.021 | OrdinaryDividend |
May 31, 2023 | $0.020 | OrdinaryDividend |
Apr 28, 2023 | $0.019 | OrdinaryDividend |
Mar 31, 2023 | $0.019 | OrdinaryDividend |
Feb 28, 2023 | $0.019 | OrdinaryDividend |
Jan 31, 2023 | $0.016 | OrdinaryDividend |
Dec 30, 2022 | $0.016 | OrdinaryDividend |
Nov 30, 2022 | $0.013 | OrdinaryDividend |
Oct 31, 2022 | $0.013 | OrdinaryDividend |
Sep 30, 2022 | $0.011 | OrdinaryDividend |
Aug 31, 2022 | $0.010 | OrdinaryDividend |
Jul 29, 2022 | $0.007 | OrdinaryDividend |
Jun 30, 2022 | $0.006 | OrdinaryDividend |
May 31, 2022 | $0.005 | OrdinaryDividend |
Apr 29, 2022 | $0.004 | OrdinaryDividend |
Mar 31, 2022 | $0.003 | OrdinaryDividend |
Feb 28, 2022 | $0.005 | OrdinaryDividend |
Jan 31, 2022 | $0.002 | OrdinaryDividend |
Dec 31, 2021 | $0.002 | OrdinaryDividend |
Nov 30, 2021 | $0.003 | OrdinaryDividend |
Oct 29, 2021 | $0.002 | OrdinaryDividend |
Sep 30, 2021 | $0.002 | OrdinaryDividend |
Aug 31, 2021 | $0.002 | OrdinaryDividend |
Jul 30, 2021 | $0.002 | OrdinaryDividend |
Jun 30, 2021 | $0.003 | OrdinaryDividend |
May 28, 2021 | $0.003 | OrdinaryDividend |
Apr 30, 2021 | $0.004 | OrdinaryDividend |
Mar 31, 2021 | $0.003 | OrdinaryDividend |
Feb 26, 2021 | $0.005 | OrdinaryDividend |
Jan 29, 2021 | $0.004 | OrdinaryDividend |
Dec 31, 2020 | $0.004 | OrdinaryDividend |
Nov 30, 2020 | $0.005 | OrdinaryDividend |
Oct 30, 2020 | $0.004 | OrdinaryDividend |
Sep 30, 2020 | $0.005 | OrdinaryDividend |
Aug 31, 2020 | $0.005 | OrdinaryDividend |
Jul 31, 2020 | $0.005 | OrdinaryDividend |
Jun 30, 2020 | $0.007 | OrdinaryDividend |
Feb 28, 2020 | $0.010 | OrdinaryDividend |
Dec 31, 2019 | $0.010 | OrdinaryDividend |
Nov 29, 2019 | $0.011 | OrdinaryDividend |
Oct 31, 2019 | $0.011 | OrdinaryDividend |
Sep 30, 2019 | $0.012 | OrdinaryDividend |
Aug 30, 2019 | $0.011 | OrdinaryDividend |
Jul 31, 2019 | $0.011 | OrdinaryDividend |
Dec 07, 2018 | $0.000 | CapitalGainShortTerm |
Dec 09, 2016 | $0.000 | CapitalGainShortTerm |
Dec 09, 2016 | $0.003 | CapitalGainLongTerm |
Dec 04, 2015 | $0.001 | CapitalGainLongTerm |
Dec 20, 2010 | $0.000 | CapitalGainShortTerm |
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 | 7.37 | 1.58 |