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Morningstar

BlackRock Strategic Muni Opps Inv A1 MDMTX

Morningstar Medalist Rating
Medalist Rating as of | See BlackRock Investment Hub
  • NAV / 1-Day Return 10.69  /  −0.06 %
  • Total Assets 4.0 Bil
  • Adj. Expense Ratio
    0.680%
  • Expense Ratio 0.860%
  • Distribution Fee Level High
  • Share Class Type No Load
  • Category Muni National Long
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment —
  • Status Closed
  • TTM Yield 3.20%
  • Effective Duration 7.78 years

USD | NAV as of Jul 26, 2024 | 1-Day Return as of Jul 26, 2024, 10:16 PM GMT+0

Morningstar’s Analysis MDMTX

Will MDMTX outperform in 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 MDMTX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the MDMTX 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 MDMTX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Strength in BlackRock Strategic Muni Opps Inv A1's People Pillar is partially offset by an Average Process Pillar rating, leading to a Morningstar Medalist Rating of Neutral.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The strategy charges fees in line with its similarly distributed peers, priced within the middle quintile.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings MDMTX

More MDMTX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 4.2
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

United States Treasury Notes

3.04 120.7 Mil
Cash and Equivalents

Cash Offset

2.79 110.7 Mil
—

ENERGY SOUTHEAST ALA COOP DIST ENERGY SUPPLY REV

1.49 59.2 Mil
municipal

PUERTO RICO COMWLTH

1.21 48.1 Mil
municipal

SOUTHEAST ENERGY AUTH COOP DIST ALA COMMODITY SUPPLY REV

0.97 38.4 Mil
municipal

BlackRock Liquidity MuniCash Instl

0.91 35.9 Mil
Cash and Equivalents

Prepa Fwd 7.125Pc 2059 07/01/2059 Synfwd

0.90 35.8 Mil
Government

ENERGY SOUTHEAST ALA COOP DIST ENERGY SUPPLY REV

0.87 34.4 Mil
municipal

BLACK BELT ENERGY GAS DIST ALA GAS PROJ REV

0.84 33.5 Mil
municipal

Grand Canyon University

0.83 33.0 Mil
Corporate