BlackRock Short Duration Muni Fund Investor A (MELMX)
9.95
0.00 (0.00%)
USD |
May 01 2026
Returns Chart
Key Stats
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 0.62% | 507.03M | -- | 66.00% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| 32.72M | 4.55% |
Basic Info
| Investment Strategy | |
| The Fund 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. Under normal circumstances, the Short Duration Fund seeks to achieve its objective by investing at least 80% of its assets in municipal bonds. |
| General | |
| Security Type | Mutual Fund |
| Equity Style | -- |
| Broad Asset Class | Municipal Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond USD Municipal Short Term |
| Peer Group | Short Municipal Debt Funds |
| Global Macro | -- |
| US Macro | National Municipal Debt Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Short Municipal Debt Funds |
| Fund Owner Firm Name | BlackRock |
| Broad Asset Class Benchmark Index | |
| ^BBMBTR | 100.0% |
Net Fund Flows Versus Peer Group
1 Month
% Rank:
44
-163.19M
Peer Group Low
105.80M
Peer Group High
1 Year
% Rank:
51
32.72M
-452.89M
Peer Group Low
2.569B
Peer Group High
3 Months
% Rank:
33
-236.38M
Peer Group Low
641.38M
Peer Group High
3 Years
% Rank:
69
-2.025B
Peer Group Low
3.410B
Peer Group High
6 Months
% Rank:
39
-296.14M
Peer Group Low
947.01M
Peer Group High
5 Years
% Rank:
51
-7.012B
Peer Group Low
4.135B
Peer Group High
YTD
% Rank:
31
-240.69M
Peer Group Low
641.38M
Peer Group High
10 Years
% Rank:
63
-4.632B
Peer Group Low
5.923B
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of May 04, 2026.
Asset Allocation
As of October 31, 2025.
| Type | % Net |
|---|---|
| Cash | -0.81% |
| Stock | 0.00% |
| Bond | 100.8% |
| Convertible | 0.00% |
| Preferred | 0.00% |
| Other | 0.00% |
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
| BlackRock Liquidity MuniCash Inst | 6.59% | 1.000 | 0.00% |
| NEW JERSEY ECONOMIC DEV AUTH REV NJ 5.000 11/01/2026 | 2.18% | 101.12 | -0.02% |
| SOUTHEAST ENERGY AUTH COOP DIST ALA COMMODITY SUPPLY REV AL 5.000 01/01/2054 | 2.11% | 105.62 | 0.00% |
| BLACK BELT ENERGY GAS DIST ALA GAS PROJ REV AL 5.250 02/01/2053 | 1.81% | 104.59 | -0.01% |
| MAIN STR NAT GAS INC GA GAS SUPPLY REV GA 5.000 07/01/2053 | 1.47% | 105.65 | -0.01% |
| CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV CA 4.389 12/01/2053 | 1.42% | 100.18 | 0.00% |
| PENNSYLVANIA ECONOMIC DEV FING AUTH UPMC REV PA 5.000 03/15/2060 | 1.41% | 108.99 | 0.00% |
| INDIANA FIN AUTH HEALTH SYS REV IN 5.000 10/01/2059 | 1.34% | 111.38 | -0.01% |
| COLORADO ST ED LN PROG CO 5.000 06/30/2026 | 1.27% | 100.38 | -0.02% |
| MICHIGAN ST STRATEGIC FD LTD OBLIG REV MI 5.000 06/30/2029 | 1.25% | 102.42 | -0.01% |
Fees & Availability
| Fees | |
| Actual 12B-1 Fee | 0.25% |
| Actual Management Fee | 0.24% |
| Administration Fee | -- |
| Maximum Front Load | 3.00% |
| Maximum Deferred Load | -- |
| Maximum Redemption Fee | -- |
| General Availability | |
| Available for Insurance Product | No |
| Available for RRSP | No |
| Purchase Details | |
| Open to New Investors |
|
| Minimum Initial Investment | 1000.00 None |
| Minimum Subsequent Investment | 50.00 None |
Basic Info
| Investment Strategy | |
| The Fund 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. Under normal circumstances, the Short Duration Fund seeks to achieve its objective by investing at least 80% of its assets in municipal bonds. |
| General | |
| Security Type | Mutual Fund |
| Equity Style | -- |
| Broad Asset Class | Municipal Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond USD Municipal Short Term |
| Peer Group | Short Municipal Debt Funds |
| Global Macro | -- |
| US Macro | National Municipal Debt Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Short Municipal Debt Funds |
| Fund Owner Firm Name | BlackRock |
| Broad Asset Class Benchmark Index | |
| ^BBMBTR | 100.0% |
Fundamentals
| General | |
| Distribution Yield | -- |
| Dividend Yield TTM (4-30-26) | 3.25% |
| 30-Day SEC Yield (3-31-26) | 2.39% |
| 7-Day SEC Yield | -- |
| Number of Holdings | 10 |
| Bond | |
| Yield to Maturity (10-31-25) | 2.90% |
| Effective Duration | 3.35 |
| Average Coupon | 4.81% |
| Calculated Average Quality | 2.578 |
| Effective Maturity | 12.87 |
| Nominal Maturity | 13.96 |
| Number of Bond Holdings | 8 |
As of October 31, 2025
Fund Details
Top Portfolio Holders
| Name | % Weight |
|---|---|
| Portfolio A | 5.00% |
| Portfolio B | 3.50% |
| Portfolio C | 2.25% |
Excel Add-In Codes
| Name: =YCI("M:MELMX", "name") |
| Broad Asset Class: =YCI("M:MELMX", "broad_asset_class") |
| Broad Category: =YCI("M:MELMX", "broad_category_group") |
| Prospectus Objective: =YCI("M:MELMX", "prospectus_objective") |
| To find the codes for any of our securities and financial metrics, see our Complete Excel Reference. |