BlackRock Short-Term Municipal Fund Investor A1 SharesMDLMX

10.16
0.00 / 0.00%
10.15 - 10.18+0.87
NAV in USDNAV change52-week range3-yr sharpe ratio

As of market close Oct 21 2014.

Total returns on $10,000

As of Sep 30 2014.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: Mid
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
29/10/2007

Investment

Pricing frequencyDaily
Total net assets
36.32m USDAs of Sep 30 2014
Net expense ratio0.54%
Front end load1.00%
Deferred load--
Redemption fee--
Min. initial investment0.00 USD
Min. additional investment--
Initial IRA--
Additional IRA--
Available for saleUnited States

Diversification

Asset type

US bond
79.08%
Cash
20.92%
Other
0.00%
Non-US bond
0.00%
Non-US stock
0.00%
US stock
0.00%

Top 5 sectors

Municipal Tax-Exempt
79.08%
Cash & Equivalents
22.46%

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
Connecticut St Go Ref Bd 5%--2.96%
Los Angeles Calif Uni Sch Dist 5%--2.51%
Clark Cnty Nev Sch Dist 5.5%--1.93%
Nevada St Unemploymt Compens Rev Bds 5%--1.93%
Regl Transn Auth--1.83%
Data delayed at least 15 minutes, as of Aug 31 2014.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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