XBAFX: BlackRock Muni Inc Inv Qty Trust

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XBAFX BlackRock Muni Inc Inv Qty Trust


Profile

XBAFX - Profile

Vitals

  • YTD Return -4.7%
  • 3 Yr Annualized Return -1.9%
  • 5 Yr Annualized Return -1.3%
  • Net Assets $123 M
  • Holdings in Top 10 55.9%

52 WEEK LOW AND HIGH

$14.68
$12.87
$15.99

Expenses

OPERATING RELATED FEES

  • Expense Ratio 2.82%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 36.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) N/A
  • IRA N/A

Fund Classification


Distributions

  • YTD Total Return -4.7%
  • 3 Yr Annualized Total Return -1.9%
  • 5 Yr Annualized Total Return -1.3%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 4.38%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    BlackRock Municipal Income Investment Quality Trust
  • Fund Family Name
    BlackRock
  • Inception Date
    Oct 31, 2002
  • Shares Outstanding
    8749418
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Walter O'Connor

Fund Description

N/A


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Categories

Fund Company Quick Screens

XBAFX - Fund Company Quick Screens


Performance

XBAFX - Performance

Return Ranking - Trailing

Period XBAFX Return Category Return Low Category Return High Rank in Category (%)
YTD -4.7% -31.4% 945.6% 95.89%
1 Yr -3.2% -25.1% 973.3% 94.70%
3 Yr -1.9%* -10.1% 120.4% 96.63%
5 Yr -1.3%* -5.3% 60.3% 95.88%
10 Yr 0.1%* -5.2% 3.6% 59.49%

* Annualized

Return Ranking - Calendar

Period XBAFX Return Category Return Low Category Return High Rank in Category (%)
2019 5.1% -1.7% 18.3% 32.37%
2018 -5.1% -12.4% 0.8% 91.48%
2017 0.9% -6.0% 20.3% 58.55%
2016 -5.1% -7.8% 8.6% 98.41%
2015 -0.3% -18.3% 3.0% 26.06%

Total Return Ranking - Trailing

Period XBAFX Return Category Return Low Category Return High Rank in Category (%)
YTD -4.7% -31.4% 945.6% 95.89%
1 Yr -3.2% -25.1% 973.3% 94.70%
3 Yr -1.9%* -7.5% 120.4% 97.24%
5 Yr -1.3%* -5.3% 60.3% 96.54%
10 Yr 0.1%* -5.1% 6.7% 70.39%

* Annualized

Total Return Ranking - Calendar

Period XBAFX Return Category Return Low Category Return High Rank in Category (%)
2019 5.1% -1.7% 18.3% 32.87%
2018 -5.1% -11.7% 3.1% 93.56%
2017 0.9% -6.0% 27.0% 65.52%
2016 -5.1% -7.8% 10.7% 98.63%
2015 -0.3% -14.2% 4.2% 34.16%

NAV & Total Return History


Holdings

XBAFX - Holdings

Concentration Analysis

XBAFX Category Low Category High XBAFX % Rank
Net Assets 123 M 634 K 264 B 81.81%
Number of Holdings 186 1 17920 67.17%
Net Assets in Top 10 -6.83 M -587 M 20.8 B 98.20%
Weighting of Top 10 55.90% 2.3% 100.0% 8.51%

Top 10 Holdings

Asset Allocation

Weighting Return Low Return High XBAFX % Rank
Bonds
130.32% 71.08% 159.74% 1.09%
Stocks
0.00% -0.38% 18.10% 70.98%
Preferred Stocks
0.00% 0.00% 9.11% 74.26%
Other
0.00% -27.60% 31.83% 69.92%
Convertible Bonds
0.00% 0.00% 7.31% 84.27%
Cash
-30.32% -59.74% 27.48% 98.73%

Bond Sector Breakdown

Weighting Return Low Return High XBAFX % Rank
Municipal
99.93% 0.00% 100.11% 7.90%
Cash & Equivalents
0.07% -26.49% 24.02% 90.09%
Derivative
0.00% -0.83% 31.72% 73.66%
Securitized
0.00% 0.00% 98.72% 86.57%
Corporate
0.00% 0.00% 99.41% 88.79%
Government
0.00% -2.21% 100.00% 87.52%

Bond Geographic Breakdown

Weighting Return Low Return High XBAFX % Rank
US
126.62% 58.40% 156.78% 0.85%
Non US
3.70% -38.91% 29.50% 50.32%

Expenses

XBAFX - Expenses

Operational Fees

XBAFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 2.82% 0.01% 34.57% 1.41%
Management Fee 0.55% 0.00% 1.25% 94.72%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.00% 0.50% N/A

Sales Fees

XBAFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.50% 5.75% N/A
Deferred Load N/A 0.25% 5.50% N/A

Trading Fees

XBAFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.50% 2.00% 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.

XBAFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 36.00% 0.00% 489.00% 45.91%

Distributions

XBAFX - Distributions

Dividend Yield Analysis

XBAFX Category Low Category High XBAFX % Rank
Dividend Yield 0.00% 0.00% 6.20% 76.48%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

XBAFX Category Low Category High XBAFX % Rank
Net Income Ratio 4.38% -0.71% 6.02% 1.11%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

Fund Manager Analysis

XBAFX - Fund Manager Analysis

Managers

Walter O'Connor


Start Date

Tenure

Tenure Rank

Oct 01, 2006

13.59

13.6%

Walter O’Connor, CFA, is a Managing Director and Co-Head of the Municipal Funds team within BlackRock’s Global Fixed Income Group. He is also a member of the Municipal Bond Operating Committee, which oversees all municipal bond portfolio management, research and trading activities. Mr. O’Connor’s service with the firm dates back to 1991, including his years with Merrill Lynch Investment Managers (MLIM), which merged with BlackRock in 2006. At MLIM, he was a portfolio manager for municipal bond retail mutual funds. Prior to joining MLIM, Mr. O’Connor was with Prudential Securities, where he was involved in trading, underwriting, and arbitrage for municipal securities and financial futures. Mr. O’Connor earned a B.A. degree in finance and philosophy from the University of Notre Dame in 1984.

Robert Sneeden


Start Date

Tenure

Tenure Rank

Oct 01, 2006

13.59

13.6%

Sneeden joined BlackRock in 2006. Prior to joining BlackRock, he was a vice president of MLIM from 1998 to 2006. He has been a portfolio manager with BlackRock or MLIM since 1994.

Theodore Jaeckel


Start Date

Tenure

Tenure Rank

Oct 01, 2006

13.59

13.6%

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.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 33.44 7.42 0.33