Blackrock Muni Intermediate Fund Quote
| MUI Fund | USD 11.62 0.01 0.09% |
Performance5 of 100
| Odds Of DistressLess than 16
|
Blackrock Muni is trading at 11.62 as of the 23rd of April 2024. This is a 0.09% increase since the beginning of the trading day. The fund's open price was 11.61. Blackrock Muni has less than a 16 % chance of experiencing some financial distress in the next two years of operation, but did not have a good performance during the last 90 trading days. Equity ratings for Blackrock Muni Intermediate are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 24th of March 2024 and ending today, the 23rd of April 2024. Click here to learn more.
BlackRock Muni Intermediate Duration Fund, Inc. is a closed ended fixed income mutual fund launched by BlackRock, Inc. BlackRock Muni Intermediate Duration Fund, Inc. was formed on August 1, 2003 and is domiciled in United States. Blackrock Muni is traded on New York Stock Exchange in the United States.. The company has 38.3 M outstanding shares of which 89.16 K shares are now shorted by investors with about 0.41 days to cover. More on Blackrock Muni Intermediate
Moving together with Blackrock Fund
| 0.85 | NXJ | Nuveen New Jersey | PairCorr |
| 0.83 | XNKGX | Nuveen Georgia Quality | PairCorr |
Moving against Blackrock Fund
| 0.56 | XPPRX | Voya Prime Rate | 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 Muni's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Blackrock Muni or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO | John Perlowski |
| Fund Concentration | Muni National Long Funds, Asset Management, Financial Services (View all Sectors) |
| Update Date | 31st of March 2024 |
Blackrock Muni Intermediate [MUI] is traded in USA and was established 23rd of April 2024. The fund is not categorized under any group at the present time. Blackrock Muni Inter now has in assets with no minimum investment requirementsThe fund is currently generating return of 9.31% with the current yeild of 0.0%, while the total return for the last 3 years was -3.24%.
Blackrock Muni Intermediate has about 617.29 K in cash with 124.18 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01.
Check Blackrock Muni Probability Of Bankruptcy
Blackrock Muni Target Price Odds Analysis
Coming from a normal probability distribution, the odds of Blackrock Muni jumping above the current price in 90 days from now is about 58.34%. The Blackrock Muni Intermediate probability density function shows the probability of Blackrock Muni fund to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon Blackrock Muni has a beta of 0.0273. This indicates as returns on the market go up, Blackrock Muni average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Blackrock Muni Intermediate will be expected to be much smaller as well. Additionally, blackrock Muni Intermediate has an alpha of 0.0156, implying that it can generate a 0.0156 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Blackrock Muni to move above the current price in 90 days from now is about 58.34 (This Blackrock Muni Intermediate probability density function shows the probability of Blackrock Fund to fall within a particular range of prices over 90 days) .
Blackrock Muni Top Holders
| MFLX | First Trust Flexible | Etf | Muni National Long |
| MCEF | MCEF | Etf | Muni National Long |
| ROBAX | Robinson Tax Advantaged | Mutual Fund | Muni National Long |
| ROBCX | Robinson Tax Advantaged | Mutual Fund | Muni National Long |
| ROBNX | Robinson Tax Advantaged | Mutual Fund | Muni National Long |
Blackrock Muni Inter Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Blackrock Muni market risk premium is the additional return an investor will receive from holding Blackrock Muni 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 Muni. 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 Muni's alpha and beta are two of the key measurements used to evaluate Blackrock Muni's performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | 0.0299 | |||
| Jensen Alpha | 0.0156 | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | (0.1) |
Blackrock Muni Against Markets
Picking the right benchmark for Blackrock Muni 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 Muni 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 Muni is critical whether you are bullish or bearish towards Blackrock Muni Intermediate at a given time. Please also check how Blackrock Muni's historical prices are related to one of the top price index indicators.
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Our tools can tell you how much better you can do entering a position in Blackrock Muni 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 Muni, 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 Muni. To buy Blackrock Muni fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Blackrock Muni. 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 Muni fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Blackrock Muni Intermediate 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 Muni Intermediate 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 Muni Intermediate, 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 Muni Intermediate?
The danger of trading Blackrock Muni Intermediate 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 Muni 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 Muni. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Blackrock Muni Inter 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 Muni Intermediate. Also, note that the market value of any fund could be tightly coupled with the direction of predictive economic indicators such as signals in employment. You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.