GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Blackrock Muniholdings Investment Quality Fund (NYSE:MFL) » Definitions » Total Assets

Blackrock Muniholdings Investment Quality Fund (Blackrock Muniholdings Investment Quality Fund) Total Assets : $965.78 Mil (As of Aug. 2021)


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

What is Blackrock Muniholdings Investment Quality Fund Total Assets?

Blackrock Muniholdings Investment Quality Fund's Total Assets for the quarter that ended in Aug. 2021 was $965.78 Mil.

Total Assets is connected with ROA %. Blackrock Muniholdings Investment Quality Fund's annualized ROA % for the quarter that ended in Aug. 2021 was 6.18%. Total Assets is also linked to Revenue through Asset Turnover. Blackrock Muniholdings Investment Quality Fund's Asset Turnover for the quarter that ended in Aug. 2021 was 0.03.


Blackrock Muniholdings Investment Quality Fund Total Assets Historical Data

The historical data trend for Blackrock Muniholdings Investment Quality Fund's Total Assets can be seen below:

* 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.

* Premium members only.

Blackrock Muniholdings Investment Quality Fund Total Assets Chart

Blackrock Muniholdings Investment Quality Fund Annual Data
Trend Aug17 Aug18 Aug19 Aug20 Aug21
Total Assets
968.69 949.88 950.92 928.66 965.78

Blackrock Muniholdings Investment Quality Fund Semi-Annual Data
Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21
Total Assets Get a 7-Day Free Trial Premium Member Only 950.92 996.96 928.66 938.44 965.78

Blackrock Muniholdings Investment Quality Fund Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Blackrock Muniholdings Investment Quality Fund's Total Assets for the fiscal year that ended in Aug. 2021 is calculated as

Total Assets=Total Equity (A: Aug. 2021 )+Total Liabilities (A: Aug. 2021 )
=582.796+382.983
=965.78

Blackrock Muniholdings Investment Quality Fund's Total Assets for the quarter that ended in Aug. 2021 is calculated as

Total Assets=Total Equity (Q: Aug. 2021 )+Total Liabilities (Q: Aug. 2021 )
=582.796+382.983
=965.78

* 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 Investment Quality Fund  (NYSE:MFL) Total Assets Explanation

Total Assets is connected with ROA %.

Blackrock Muniholdings Investment Quality Fund's annualized ROA % for the quarter that ended in Aug. 2021 is

ROA %=Net Income (Q: Aug. 2021 )/( (Total Assets (Q: Feb. 2021 )+Total Assets (Q: Aug. 2021 ))/ count )
=58.868/( (938.442+965.779)/ 2 )
=58.868/952.1105
=6.18 %

Note: The Net Income data used here is two times the semi-annual (Aug. 2021) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Blackrock Muniholdings Investment Quality Fund's Asset Turnover for the quarter that ended in Aug. 2021 is

Asset Turnover
=Revenue (Q: Aug. 2021 )/( (Total Assets (Q: Feb. 2021 )+Total Assets (Q: Aug. 2021 ))/ count )
=29.571/( (938.442+965.779)/ 2 )
=29.571/952.1105
=0.03

* 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.

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Blackrock Muniholdings Investment Quality Fund Total Assets Related Terms

Thank you for viewing the detailed overview of Blackrock Muniholdings Investment Quality Fund's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


Blackrock Muniholdings Investment Quality Fund (Blackrock Muniholdings Investment Quality Fund) Business Description

Traded in Other Exchanges
N/A
Address
100 Bellevue Parkway, Wilmington, DE, USA, 19809
Blackrock Muniholdings Investment Quality Fund is a non-diversified perpetual closed-end management investment company. Its investment objective is to provide shareholders with current income exempt from regular Federal income tax. The Fund invests primarily in a portfolio of long-term, investment grade municipal obligations.
Executives
Walter Oconnor other: Portfolio Manager 800 SCUDDERS MILL ROAD, PLAINSBORO NJ 08536
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
Peter Hayes other: Portfolio Manager 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Jaeckel Theodore R Jr other: Portfolio Manager 800SCUDDERS MILL ROAD, PLAINSBORO NJ 08536
Henry Gabbay director 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
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
Jonathan Diorio officer: Vice President 55 EAST 52ND STREET, NEW YORK NY 10055
Charles Park officer: Chief Compliance Officer 55 EAST 52ND STREET, NEW YORK NY 10055
Bank Of America Corp /de/ 10 percent owner BANK OF AMERICA CORPORATE CENTER, 100 N TRYON ST, CHARLOTTE NC 28255
Banc Of America Preferred Funding Corp 10 percent owner 214 NORTH TRYON STREET, CHARLOTTE NC 28255