The leadership changes for BlackRock High Yield Municipal have been significant since early 2023, yet the strategy still offers appealing characteristics. It’s supported by solid analytic resources and a large muni team that follows a comprehensive, research-based approach to building this portfolio.
BlackRock High Yield Municipal Instl MAYHX
- NAV / 1-Day Return 9.20 / +0.03 %
- Total Assets 1.6 Bil
-
Adj. Expense Ratio
- Expense Ratio 0.660%
- Distribution Fee Level Below Average
- Share Class Type Institutional
- Category High Yield Muni
- Credit Quality / Interest Rate Sensitivity —
- Min. Initial Investment 2.0 Mil
- Status Open
- TTM Yield 4.08%
- Effective Duration 8.31 years
USD | NAV as of Jul 26, 2024 | 1-Day Return as of Jul 26, 2024, 10:17 PM GMT+0
Morningstar’s Analysis MAYHX
Will MAYHX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 11.3
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
BlackRock Liquidity MuniCash Instl | 5.78 | 95.6 Mil | Cash and Equivalents |
SAN ANTONIO TEX ELEC & GAS REV IAM COML PAPER NTS 3/A2 NEW SUBSER A-1 | 1.82 | 30.0 Mil | Cash and Equivalents |
PUERTO RICO COMWLTH | 1.67 | 27.6 Mil | municipal |
Cash Offset | 1.64 | 27.1 Mil | — |
PORT BEAUMONT TEX NAV DIST DOCK & WHARF FAC REV | 1.32 | 21.7 Mil | municipal |
SOUTHEAST ENERGY AUTH COMMODITY SUPPLY REV ALA | 1.31 | 21.7 Mil | municipal |
PUERTO RICO COMWLTH | 1.23 | 20.3 Mil | municipal |
BUCKEYE OHIO TOB SETTLEMENT FING AUTH | 1.04 | 17.2 Mil | municipal |
ARKANSAS ST DEV FIN AUTH INDL DEV REV | 1.04 | 17.1 Mil | municipal |
FLORIDA DEV FIN CORP REV | 1.03 | 17.0 Mil | municipal |