Blackrock Munivest Fund Quote
| MVT Fund | USD 10.38 0.02 0.19% |
Performance0 of 100
| Odds Of DistressLess than 17
|
Blackrock Munivest is selling for under 10.38 as of the 26th of April 2024; that is 0.19 percent increase since the beginning of the trading day. The fund's last reported lowest price was 10.36. Blackrock Munivest has less than a 17 % chance of experiencing some financial distress in the next two years of operation, but has generated negative returns over the last 90 days. Equity ratings for Blackrock Munivest are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of February 2024 and ending today, the 26th of April 2024. Click here to learn more.
BlackRock MuniVest Fund II, Inc. is a closed ended fixed income mutual fund launched by BlackRock, Inc. BlackRock MuniVest Fund II, Inc. was formed on March 29, 1993 and is domiciled in United States. Blackrock Munivest is traded on New York Stock Exchange in the United States. The company has 21.35 M outstanding shares of which 18.36 K shares are now shorted by investors with about 0.26 days to cover. More on Blackrock Munivest
Moving together with Blackrock Fund
| 0.92 | NEA | Nuveen Amt Free | PairCorr |
| 0.85 | NVG | Nuveen Amt Free | PairCorr |
| 0.94 | NAD | Nuveen Dividend Advantage | PairCorr |
Blackrock Fund Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Blackrock Munivest's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Blackrock Munivest or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO | John Perlowski |
| Old Name | Mercantile Investment Company Limited |
| Fund Concentration | Muni National Long Funds, Asset Management, Financial Services (View all Sectors) |
| Update Date | 31st of March 2024 |
Blackrock Munivest [MVT] is traded in USA and was established 26th of April 2024. The fund is not categorized under any group at the present time. Blackrock Munivest now has in assets with no minimum investment requirementsThe fund is currently generating return of 0.18% with the current yeild of 0.01%, while the total return for the last 3 years was -4.13%.
Blackrock Munivest has about 311 in cash with 66.64 M of positive cash flow from operations.
Check Blackrock Munivest Probability Of Bankruptcy
Blackrock Munivest Target Price Odds Analysis
Attributed to a normal probability distribution, the odds of Blackrock Munivest jumping above the current price in 90 days from now is roughly 97.0%. The Blackrock Munivest probability density function shows the probability of Blackrock Munivest fund to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon Blackrock Munivest has a beta of 0.0718. This indicates as returns on the market go up, Blackrock Munivest average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Blackrock Munivest will be expected to be much smaller as well. Additionally, blackrock Munivest has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Blackrock Munivest to move above the current price in 90 days from now is roughly 97.0 (This Blackrock Munivest probability density function shows the probability of Blackrock Fund to fall within a particular range of prices over 90 days) .
Blackrock Munivest Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Blackrock Munivest market risk premium is the additional return an investor will receive from holding Blackrock Munivest long position in a well-diversified portfolio. 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 Munivest. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Blackrock Munivest's alpha and beta are two of the key measurements used to evaluate Blackrock Munivest's performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.08) | |||
| Treynor Ratio | (0.20) |
Blackrock Munivest Against Markets
Picking the right benchmark for Blackrock Munivest fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Blackrock Munivest fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Blackrock Munivest is critical whether you are bullish or bearish towards Blackrock Munivest at a given time. Please also check how Blackrock Munivest's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Blackrock Munivest without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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How to buy Blackrock Fund?
Before investing in Blackrock Munivest, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Blackrock Munivest. To buy Blackrock Munivest fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Blackrock Munivest. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Blackrock Munivest fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Blackrock Munivest fund in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Blackrock Munivest fund, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the fund
It's important to note that investing in stocks, such as Blackrock Munivest, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in fund prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Blackrock Munivest?
The danger of trading Blackrock Munivest is mainly related to its market volatility and Fund specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Blackrock Munivest is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Blackrock Munivest. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Blackrock Munivest is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Blackrock Munivest. Also, note that the market value of any fund could be tightly coupled with the direction of predictive economic indicators such as signals in real. You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.