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BlackRock MuniHoldings California Quality Fund (BlackRock MuniHoldings California Quality Fund) 6-1 Month Momentum % : 17.40% (As of May. 02, 2024)


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What is BlackRock MuniHoldings California Quality Fund 6-1 Month Momentum %?

6-1 Month Momentum % is the total return of the stock from 6-month ago to 1-month ago. As of today (2024-05-02), BlackRock MuniHoldings California Quality Fund's 6-1 Month Momentum % is 17.40%.

The industry rank for BlackRock MuniHoldings California Quality Fund's 6-1 Month Momentum % or its related term are showing as below:

MUC's 6-1 Month Momentum % is ranked better than
69.64% of 1749 companies
in the Asset Management industry
Industry Median: 11.83 vs MUC: 17.40

Competitive Comparison of BlackRock MuniHoldings California Quality Fund's 6-1 Month Momentum %

For the Asset Management subindustry, BlackRock MuniHoldings California Quality Fund's 6-1 Month Momentum %, along with its competitors' market caps and 6-1 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 MuniHoldings California Quality Fund's 6-1 Month Momentum % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, BlackRock MuniHoldings California Quality Fund's 6-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where BlackRock MuniHoldings California Quality Fund's 6-1 Month Momentum % falls into.



BlackRock MuniHoldings California Quality Fund  (NYSE:MUC) 6-1 Month Momentum % Calculation

6-1 Month Momentum % is calculated as following:

6-1 Month Momentum %=( Price 1-month ago / Price 6-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 MuniHoldings California Quality Fund  (NYSE:MUC) 6-1 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 6-1 Month Momentum % measures the total return to a stock over the past six 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 MuniHoldings California Quality Fund 6-1 Month Momentum % Related Terms

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BlackRock MuniHoldings California Quality Fund (BlackRock MuniHoldings California Quality Fund) Business Description

Traded in Other Exchanges
N/A
Address
100 Bellevue Parkway, Wilmington, DE, USA, 19809
BlackRock MuniHoldings California Quality Fund Inc is a diversified, closed-end management investment firm. Its investment objective is to provide shareholders with current income exempt from U.S. federal income taxes and California personal income taxes.
Executives
Arthur Philip Steinmetz director 50 HUDSON YARDS, NEW YORK NY 10001
Aaron David Wasserman officer: Chief Compliance Officer 50 HUDSON YARDS, NEW YORK NY 10001
Kristi Manidis Santiago other: Portfolio Manager 1 UNIVERSITY SQUARE DRIVE, PRINCETON NJ 08540
Christian Romaglino other: Portfolio Manager 55 EAST 52ND STREET, NEW YORK NY 10055
Phillip Soccio other: Portfolio Manager 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Michael Kalinoski other: Portfolio Manager 800 SCUDDERS MILL ROAD, PLAINSBORO NJ 08536
Walter Oconnor other: Portfolio Manager 800 SCUDDERS MILL ROAD, PLAINSBORO NJ 08536
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
Kevin Maloney other: Portfolio Manager 55 EAST 52ND STREET, NEW YORK NY 10055
Robert W Fairbairn director 55 EAST 52ND STREET, NEW YORK NY 10055

BlackRock MuniHoldings California Quality Fund (BlackRock MuniHoldings California Quality Fund) Headlines

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