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BlackRock High Yield Municipal Inv A MDYHX

Medalist Rating as of | See BlackRock Investment Hub
  • NAV / 1-Day Return 8.90  /  +0.14 %
  • Total Assets 1.6 Bil
  • Adj. Expense Ratio
    0.800%
  • Expense Ratio 0.910%
  • Distribution Fee Level Below Average
  • Share Class Type Front Load
  • Category High Yield Muni
  • Credit Quality / Interest Rate Sensitivity
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 3.89%
  • Effective Duration 8.12 years

USD | NAV as of Mar 01, 2024 | 1-Day Return as of Mar 01, 2024, 11:16 PM GMT+0

Morningstar’s Analysis MDYHX

Will MDYHX outperform in future?

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

Another manager change.

Associate Director Elizabeth Foos

Elizabeth Foos

Associate Director

Summary

BlackRock High Yield Municipal offers some appealing characteristics including support from solid analytic resources and a large muni team that follows a comprehensive, research-based approach to building this portfolio. Yet its appetite for risk together with recent leadership changes gives reason to pause. The strategy’s People Pillar has been downgraded to Average from Above Average, but low fees help keep its cheapest share classes at a Morningstar Rating of Bronze; its more expensive shares earn a Neutral.

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Portfolio Holdings MDYHX

  • Current Portfolio Date
  • Equity Holdings
  • Bond Holdings
  • Other Holdings
  • % Assets in Top 10 Holdings 9.2
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

BlackRock Liquidity MuniCash Instl

6.81 107.1 Mil
Cash and Equivalents

BUCKEYE OHIO TOB SETTLEMENT FING AUTH

2.39 37.6 Mil
municipal

SOUTHEAST ENERGY AUTH COMMODITY SUPPLY REV ALA

2.14 33.7 Mil
municipal

Cash Offset

1.89 29.7 Mil

PUERTO RICO COMWLTH

1.59 25.0 Mil
municipal

ARKANSAS ST DEV FIN AUTH INDL DEV REV

1.09 17.1 Mil
municipal

PUERTO RICO COMWLTH

1.06 16.6 Mil
municipal

OKLAHOMA DEV FIN AUTH REV

0.99 15.6 Mil
municipal

BLACK BELT ENERGY GAS DIST ALA GAS PROJ REV

0.94 14.8 Mil
municipal

ARKANSAS ST DEV FIN AUTH INDL DEV REV

0.91 14.4 Mil
municipal