Blackrock Strategic Municipal Fund One Year Return
MKMTX Fund | USD 10.58 0.01 0.09% |
Blackrock Strategic Municipal fundamentals help investors to digest information that contributes to Blackrock Strategic's financial success or failures. It also enables traders to predict the movement of Blackrock Mutual Fund. The fundamental analysis module provides a way to measure Blackrock Strategic's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Blackrock Strategic mutual fund.
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Blackrock Strategic Municipal Mutual Fund One Year Return Analysis
Blackrock Strategic's One Year Return is the annualized return generated from holding a security for exactly 12 months. The measure is considered to be good short-term measures of fund performance. In other words, it represents the capital appreciation of fund investments over the last year. However when the market is volatile such as in recent years, One Year Return measure can be misleading.
More About One Year Return | All Equity Analysis
One Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current Blackrock Strategic One Year Return | 8.65 % |
Most of Blackrock Strategic's fundamental indicators, such as One Year Return, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Blackrock Strategic Municipal is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.
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Based on the recorded statements, Blackrock Strategic Municipal has an One Year Return of 8.6543%. This is 45.94% lower than that of the BlackRock family and significantly higher than that of the Muni National Long category. The one year return for all United States funds is notably lower than that of the firm.
Blackrock One Year Return Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Blackrock Strategic's direct or indirect competition against its One Year Return to detect undervalued stocks with similar characteristics or determine the mutual funds which would be a good addition to a portfolio. Peer analysis of Blackrock Strategic could also be used in its relative valuation, which is a method of valuing Blackrock Strategic by comparing valuation metrics of similar companies.Blackrock Strategic is currently under evaluation in one year return among similar funds.
Fund Asset Allocation for Blackrock Strategic
The fund invests most of its assets under management in various types of exotic instruments, with the rest of asset invested in bonds and cash equivalents.Asset allocation divides Blackrock Strategic's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
Blackrock Fundamentals
Total Asset | 6.33 B | |||
Annual Yield | 0.0004 % | |||
Year To Date Return | 3.48 % | |||
One Year Return | 8.65 % | |||
Three Year Return | (0.95) % | |||
Five Year Return | 0.76 % | |||
Ten Year Return | 3.92 % | |||
Net Asset | 8.85 B | |||
Last Dividend Paid | 0.02 | |||
Cash Position Weight | 2.84 % | |||
Bond Positions Weight | 8.73 % |
About Blackrock Strategic Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Blackrock Strategic Municipal's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Blackrock Strategic using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Blackrock Strategic Municipal based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Blackrock Mutual Fund
Blackrock Strategic financial ratios help investors to determine whether Blackrock Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Blackrock with respect to the benefits of owning Blackrock Strategic security.
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