GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » BLACKROCK MUNIYIELD CALIFORNIA QUALITY FUND, INC. (NYSE:MCA) » Definitions » 12-1 Month Momentum %

BLACKROCK MUNIYIELD CALIFORNIA QUALITY FUND, (BLACKROCK MUNIYIELD CALIFORNIA QUALITY FUND,) 12-1 Month Momentum % : -10.67% (As of May. 28, 2024)


View and export this data going back to . Start your Free Trial

What is BLACKROCK MUNIYIELD CALIFORNIA QUALITY FUND, 12-1 Month Momentum %?

12-1 Month Momentum % is the total return of the stock from 12-month ago to 1-month ago. As of today (2024-05-28), BLACKROCK MUNIYIELD CALIFORNIA QUALITY FUND,'s 12-1 Month Momentum % is -10.67%.

The industry rank for BLACKROCK MUNIYIELD CALIFORNIA QUALITY FUND,'s 12-1 Month Momentum % or its related term are showing as below:

MCA's 12-1 Month Momentum % is not ranked
in the Asset Management industry.
Industry Median: 2.76 vs MCA: -10.67

Competitive Comparison of BLACKROCK MUNIYIELD CALIFORNIA QUALITY FUND,'s 12-1 Month Momentum %

For the Asset Management subindustry, BLACKROCK MUNIYIELD CALIFORNIA QUALITY FUND,'s 12-1 Month Momentum %, along with its competitors' market caps and 12-1 Month Momentum % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


BLACKROCK MUNIYIELD CALIFORNIA QUALITY FUND,'s 12-1 Month Momentum % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, BLACKROCK MUNIYIELD CALIFORNIA QUALITY FUND,'s 12-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where BLACKROCK MUNIYIELD CALIFORNIA QUALITY FUND,'s 12-1 Month Momentum % falls into.



BLACKROCK MUNIYIELD CALIFORNIA QUALITY FUND,  (NYSE:MCA) 12-1 Month Momentum % Calculation

12-1 Month Momentum % is calculated as following:

12-1 Month Momentum %=( Price 1-month ago / Price 12-month ago - 1 ) * 100 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


BLACKROCK MUNIYIELD CALIFORNIA QUALITY FUND,  (NYSE:MCA) 12-1 Month Momentum % Explanation

Momentum investing is a trading strategy in which investors buy securities that are rising and sell before the prices start to go back down. The 12-1 Month Momentum % measures the total return to a stock over the past twelve months, but ignores the previous month.

The reason why the most recent month’s return dropped related to the short-term reversal effect associated with momentum. There is an academic finding that short-term momentum actually has a reversal effect, whereby the previous winners (measured over the past months) do poorly the next month, while the previous losers do well the next month. In order to eliminate the short-term reversal effect, the previous month return was not included in this calculation.


BLACKROCK MUNIYIELD CALIFORNIA QUALITY FUND, 12-1 Month Momentum % Related Terms

Thank you for viewing the detailed overview of BLACKROCK MUNIYIELD CALIFORNIA QUALITY FUND,'s 12-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.


BLACKROCK MUNIYIELD CALIFORNIA QUALITY FUND, (BLACKROCK MUNIYIELD CALIFORNIA QUALITY FUND,) Business Description

Traded in Other Exchanges
N/A
Address
100 Bellevue Parkway, Wilmington, DE, USA, 19809
BLACKROCK MUNIYIELD CALIFORNIA QUALITY FUND, INC. is a diversified, closed-end management investment company. The fund invests in the long-term municipal obligations that are investment grade quality at the time of investment. The fund's investment objective is to provide shareholders with current income exempt from U.S. federal and California income taxes as is consistent with its investment policies and prudent investment management.
Executives
Wells Fargo & Company/mn 10 percent owner 420 MONTGOMERY STREET, SAN FRANCISCO CA 94163
Wells Fargo Bank N A 10 percent owner 101 NORTH PHILLIPS AVENUE, SIOUX FALLS SD 57104
Lorenzo Flores director 2100 LOGIC DRIVE, SAN JOSE CA 95124
James Phillip Holloman director P.O. BOX 625737, 6800 CINTAS BOULEVARD, CINCINNATI OH 45262
Stayce D. Harris director 1999 S. BASCOM AVE., SUITE 700, CAMPBELL CA 95008
Trent Walker officer: Chief Financial Officer C/O PIMCO, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Robert W Fairbairn director 55 EAST 52ND STREET, NEW YORK NY 10055
Cynthia Egan director 7117 BELLONA AVENUE, BALTIMORE MD 21212
Catherine A. Lynch director 55 EAST 52ND STREET, NEW YORK NY 10055
Michael Perilli other: Portfolio Manager 55 EAST 52ND STREET, NEW YORK NY 10055
Jonathan Diorio officer: Vice President 55 EAST 52ND STREET, NEW YORK NY 10055
Barbara Novick director 21 PINE COURT, NEW PROVIDENCE NJ 07974
Charles Park officer: Chief Compliance Officer 55 EAST 52ND STREET, NEW YORK NY 10055
Citigroup Inc 10 percent owner 388 GREENWICH STREET, NEW YORK NY 10013
Robert Crothers officer: Vice President 55 EAST 52ND STREET, NEW YORK NY 10055

BLACKROCK MUNIYIELD CALIFORNIA QUALITY FUND, (BLACKROCK MUNIYIELD CALIFORNIA QUALITY FUND,) Headlines