Blackrock High Yield Etf Profile

HYMU Etf  USD 22.97  0.03  0.13%   

Performance

2 of 100

 
Weak
 
Strong
Weak

Odds Of Distress

Less than 9

 
High
 
Low
Low
BlackRock High is selling for under 22.97 as of the 22nd of November 2024; that is 0.13 percent decrease since the beginning of the trading day. The etf's last reported lowest price was 22.96. BlackRock High has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat weak performance during the last 90 days. Equity ratings for BlackRock High Yield are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of May 2024 and ending today, the 22nd of November 2024. Click here to learn more.
Under normal circumstances, the fund seeks to achieve its objectives by investing at least 80 percent of its assets in municipal bonds. Blackrock High is traded on BATS Exchange in the United States. More on BlackRock High Yield

Moving together with BlackRock Etf

  0.93HYD VanEck High YieldPairCorr
  0.94FMHI First Trust MunicipalPairCorr
  0.9FLMI Franklin Liberty IntPairCorr

Moving against BlackRock Etf

  0.31WGMI Valkyrie Bitcoin MinersPairCorr

BlackRock Etf Highlights

Thematic Ideas
(View all Themes)
Business ConcentrationMunicipals ETFs, High Yield ETFs, High Yield Muni, BlackRock (View all Sectors)
IssueriShares
Inception Date2021-03-16
Entity TypeRegulated Investment Company
Asset Under Management235.43 Million
Asset TypeFixed Income
CategoryMunicipals
FocusHigh Yield
Market ConcentrationDeveloped Markets
RegionNorth America
AdministratorState Street Bank and Trust Company
AdvisorBlackRock Fund Advisors
CustodianState Street Bank and Trust Company
DistributorBlackRock Investments, LLC
Portfolio ManagerKevin Maloney, James Mauro, Michael Perilli
Transfer AgentState Street Bank and Trust Company
Fiscal Year End31-Jul
ExchangeCboe BZX Exchange, Inc.
Number of Constituents339
Market MakerJane Street
Total Expense0.47
Management Fee0.45
Country NameUSA
Returns Y T D7.96
NameBlackRock High Yield Muni Income Bond ETF
Currency CodeUSD
Open FigiBBG00ZNLVGL7
In Threey Volatility10.94
1y Volatility8.06
200 Day M A22.6385
50 Day M A23.0051
CodeHYMU
Updated At21st of November 2024
Currency NameUS Dollar
In Threey Sharp Ratio(0.31)
TypeETF
BlackRock High Yield [HYMU] is traded in USA and was established 2021-03-16. The fund is listed under High Yield Muni category and is part of BlackRock family. The entity is thematically classified as Municipals ETFs. BlackRock High Yield currently have 24.67 M in assets under management (AUM). , while the total return for the last year was 14.1%.
Check BlackRock High Probability Of Bankruptcy

BlackRock High Yield Risk Profiles

The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in BlackRock High. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.

BlackRock High Against Markets

When determining whether BlackRock High Yield is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if BlackRock Etf is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Blackrock High Yield Etf. Highlighted below are key reports to facilitate an investment decision about Blackrock High Yield Etf:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in BlackRock High Yield. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in population.
You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
The market value of BlackRock High Yield is measured differently than its book value, which is the value of BlackRock that is recorded on the company's balance sheet. Investors also form their own opinion of BlackRock High's value that differs from its market value or its book value, called intrinsic value, which is BlackRock High's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because BlackRock High's market value can be influenced by many factors that don't directly affect BlackRock High's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between BlackRock High's value and its price as these two are different measures arrived at by different means. Investors typically determine if BlackRock High is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BlackRock High's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.