MELMX : BlackRock Short-Term Municipal Fund Investor A Shares

MELMX is a Bond Market Municipal Bond with MODERATE fees.

MELMX

BlackRock Short-Term Municipal Fund Investor A Shares

FI Score

56 /100

Expense Ratio Rating

7 /10

Expense Rating

4 /10

Market Score

5 /10

Category Score

8 /10

Market Size

5 /10

56% FI Score
  • melmx
  • Mutual Fund
  • Bond
  • Municipal Bond

BlackRock Short-Term Municipal Fund Investor A Shares

Expenses: 0.60% (Better than 1% of similar funds)

This is an OK choice for a Municipal Bond Bond fund. See why ยป

Fund Summary

The investment seeks to provide shareholders with as high a level of income exempt from Federal income taxes as is consistent with the investment policies of the fund. The fund normally invests 80% of its assets in municipal bonds. It invests primarily in investment grade municipal bonds or municipal notes, including variable rate demand obligations. The fund maintains a dollar weighted maturity of no more than two years.

Largest Holdings

Amount Holding
4.10% IOWA FIN AUTH MIDWESTERN DISASTER AREA ECONOMIC DEV REV 0.47%
3.28% BURLINGTON KANS ENVIRONMENTAL IMPT REV 0.5%
3.00% MAIN STR NAT GAS INC GA GAS SUPPLY REV 4%
1.69% ST JOHN BAPTIST PARISH LA REV 2%
1.66% GRANT CNTY WASH PUB UTIL DIST NO 002 ELEC REV 2%
1.28% TEXAS TRANSN COMMN ST HWY FD REV 0.2%
1.15% TEXAS ST 0.28%
1.09% BURLINGTON KANS ENVIRONMENTAL IMPT REV 0.5%
1.00% NORTH CAROLINA CAP FACS AGY SOLID WASTE DISP REV 1.1%
1.00% PENNSYLVANIA ST 5%
0.98% CONNECTICUT ST 5%
0.97% NEW YORK ST HSG FIN AGY REV 1.55%
0.93% ORLANDO FLA UTILS COMMN UTIL SYS REV 5%
0.91% YAVAPAI CNTY ARIZ INDL DEV AUTH REV 0.25%
0.90% NEW JERSEY ST TRANSN TR FD AUTH 5.5%
0.87% ARIZONA HEALTH FACS AUTH REV 0.12%
0.87% NASSAU CNTY N Y 5%
0.84% NEW JERSEY ECONOMIC DEV AUTH REV 5%
0.79% UNIVERSITY CONN 5%
0.78% HARRIS CNTY TEX CULTURAL ED FACS FIN CORP REV 0.16%
0.73% INDIANA FIN AUTH HOSP REV 0.26%
0.73% OHIO ST WTR DEV AUTH WTR POLLUTN CTL REV 0.23%
0.71% UNIVERSITY WIS HOSPS & CLINICS AUTH REV 0.16%
0.69% TEXAS ST 0.28%
0.67% CONNECTICUT ST SPL TAX OBLIG REV 5%

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