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MELMX
Mutual Fund ticker: NASDAQ
AS OF
Aug 22 closing price
Price
$9.95
Change
+$0.01 (+0.10%)
Net Assets
468.82M

MELMX BlackRock Short Duration Muni Inv A Forecast, Technical & Fundamental Analysis

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... Show more

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A.I.Advisor
published Highlights

Industry description

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 will maintain a dollar weighted maturity of no more than three years.
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A.I. Advisor
published General Information

General Information

Category MuniNationalShort

Profile
Fundamentals
Details
Category
Muni National Short
Address
Blackrock Municipal Bond Fund, Inc.100 Bellevue ParkwayWilmington
Phone
N/A
Web
www.blackrock.com
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MELMX and MutualFunds

Correlation & Price change

A.I.dvisor indicates that over the last year, MELMX has been closely correlated with FLTEX. These tickers have moved in lockstep 86% of the time. This A.I.-generated data suggests there is a high statistical probability that if MELMX jumps, then FLTEX could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To MELMX
1D Price
Change %
MELMX100%
+0.10%
FLTEX - MELMX
86%
Closely correlated
+0.13%
LTXFX - MELMX
86%
Closely correlated
+0.13%
VMLUX - MELMX
84%
Closely correlated
N/A
VMLTX - MELMX
84%
Closely correlated
N/A
VWSUX - MELMX
80%
Closely correlated
N/A
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