Morningstar

BlackRock Short Duration Muni Fund Institutional Shares MALMX

Morningstar Medalist Rating
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Medalist Rating as of See BlackRock Investment Hub
  • NAV / 1-Day Return $9.73  /  +0.41 %
  • Fund Size $528.4M
  • Adjusted Expense Ratio 0.370%
  • Net Expense Ratio 0.360%
  • Fee Level: Distribution Average
  • Share Class Type Institutional
  • Morningstar Category Muni National Short
  • Fixed-Income Style Box (Funds) Medium/Limited
  • Minimum Initial Investment $2M
  • Investment Status Open
  • TTM Yield 3.57%
  • Average Effective Duration 3.13 yrs
NAV and 1-Day Return as of

Morningstar’s Analysis MALMX

Will MALMX outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable MALMX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the MALMX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of MALMX’s parent organization’s priorities and whether they’re in line with investors’ interests.

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

BlackRock Short Duration Muni Instl holds a quantitatively derived Neutral Morningstar Medalist Rating. The rating suggests the model does not express a clear expectation of outperformance or underperformance relative to peers over a full market cycle.

by Morningstar Automated Analysis
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Portfolio Holdings MALMX

More MALMX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 14.4
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

NEW JERSEY ECONOMIC DEV AUTH REV

2.14 11M
Cash and Equivalents

SOUTHEAST ENERGY AUTH COOP DIST ALA COMMODITY SUPPLY REV

2.09 11M
municipal

BLACK BELT ENERGY GAS DIST ALA GAS PROJ REV

1.79 9M
municipal

BlackRock Liquidity MuniCash Instl

1.55 8M
Cash and Equivalents

MAIN STR NAT GAS INC GA GAS SUPPLY REV

1.49 8M
municipal

CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV

1.42 7M
municipal

PENNSYLVANIA ECONOMIC DEV FING AUTH UPMC REV

1.41 7M
municipal

INDIANA FIN AUTH HEALTH SYS REV

1.30 7M
municipal

NEW JERSEY ECONOMIC DEV AUTH REV

1.26 6M
municipal

MICHIGAN ST STRATEGIC FD LTD OBLIG REV

1.24 6M
municipal

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