Blackrock New Mutual Fund Money Managers
MKNJX Fund | USD 10.38 0.02 0.19% |
Break down of Blackrock New's management performance can provide insight into the fund's overall performance. Note that fund manager's attribution analysis is becoming a valuable factor that both investors and analysts use to determine the amount of risk that may be associated with Blackrock New's future under-performance.
Blackrock |
Symbol | MKNJX |
Name | Blackrock New Jersey |
Type | Mutual Fund |
Country | United States |
Exchange | NMFQS |
Information on Blackrock New Jersey Leadership is currently not available.
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Blackrock New Net Asset Comparison
Blackrock New Jersey is number one fund in net asset among similar funds. Total Asset Under Management (AUM) of Muni New Jersey category is currently estimated at about 29.64 Billion. Blackrock New claims roughly 365.17 Million in net asset contributing just under 2% to funds under Muni New Jersey category.
Blackrock New Jersey Benchmark Summation
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The output start index for this execution was zero with a total number of output elements of sixty-one. Blackrock New Jersey Price Series Summation is a cross summation of Blackrock New price series and its benchmark/peer.
About Blackrock New Management Performance
The success or failure of an entity such as Blackrock New Jersey often depends on how effective the management is. Blackrock New management team is responsible for propelling the future growth in the right direction and administering and controlling the business activities and accounting for the results. Ineffective management usually contributes to failure in the company's future performance for all stakeholders equally, but most importantly, for investors. So it is important to measure the effectiveness of Blackrock management before purchasing its stock. In many ways, it's all about finding the answer to one important question - Are they doing the right thing right now? How would we assess whether the Blackrock management is utilizing all available resources in the best possible way? Also, how well is the company doing relative to others in its sector and the market as a whole? The answer can be found by analyzing a few important fundamental indicators such as return on assets and return on equity.
The fund invests primarily in a portfolio of long-term investment grade New Jersey municipal bonds. Under normal circumstances, it will invest at least 80 percent of its assets in New Jersey municipal bonds. At least 80 percent of the funds assets will be invested in investment grade securities. The funds weighted average maturity will be more than ten years. It is non-diversified.
Please note that you must use caution to infer results of funds future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost.
Other Information on Investing in Blackrock Mutual Fund
Blackrock New 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 New security.
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