BlackRock Short-Term Municipal Fund Investor A1 SharesMDLMX

10.16
0.00 / 0.00%
10.11 - 10.20+0.43
NAV in USDNAV change52-week range3-yr sharpe ratio
As of market close May 27 2016.

Total returns on $10,000

As of Apr 30 2016. Fund performance

Objective

The investment seeks to provide shareholders with as high a level of income exempt from Federal income taxes as is consistent with the investment policies of the fund. The fund normally invests 80% of its 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 two years.

Profile

Fund typeOpen Ended Investment Company
Investment style (bonds)
Credit Quality: High
Interest-Rate Sensitivity: Ltd
Morningstar categoryMuni National Short
Launch date21/10/1994
Price currencyUSD
DomicileUnited States
SymbolMDLMX
Manager & start date
Peter Hayes
31/12/1996
Marie Sheehan
20/07/2007

Investment

Pricing frequencyDaily
Total net assets
30.71m USDAs of Apr 30 2016
Net expense ratio0.52%
Front end load--
Deferred load--
Redemption fee--
Min. initial investment1,000.00 USD
Min. additional investment50.00 USD
Initial IRA100.00 USD
Additional IRA--
Available for saleUnited States

Diversification

Asset type

US bond
91.14%
Cash
8.86%
Other
0.00%
Non-US bond
0.00%
Non-US stock
0.00%
US stock
0.00%

Top 5 sectors

Municipal Tax-Exempt
89.97%
Cash & Equivalents
10.07%
Government Related
1.17%

Top 5 Regions

Regional weighting data is unavailable.
Sector and region weightings are calculated using only long position holdings of the portfolio.Sector & regional holdings

Top 5 holdings

Company1 year
change
Portfolio
weight
Long
allocation
New York St Dorm Auth 5%--3.48%
Florida St Dept Environmental Florida 5%--3.19%
Los Angeles Calif Uni Sch Dist 5%--3.10%
Seattle Wash Mun Lt & Pwr Rev Ref Bds 5%--2.78%
New York St Urban Dev Corp Rev St Per 5%--2.69%
Data delayed at least 15 minutes, as of Apr 30 2016. Top 10 holdings

The performance data shown in tables and graphs on this page is calculated in USD of the fund / index / average (as applicable), on a Bid To Bid / Nav to Nav basis, with gross dividends re-invested on ex-dividend date. Past performance is not necessarily a guide to future performance; unit prices may fall as well as rise.

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