GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Blackrock Muniyield Pennsylvania Quality Fund (NYSE:MPA) » Definitions » 12-1 Month Momentum %

Blackrock Muniyield Pennsylvania Quality Fund (Blackrock Muniyield Pennsylvania Quality Fund) 12-1 Month Momentum % : 9.07% (As of Jul. 16, 2024)


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

What is Blackrock Muniyield Pennsylvania 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 (2024-07-16), Blackrock Muniyield Pennsylvania Quality Fund's 12-1 Month Momentum % is 9.07%.

The industry rank for Blackrock Muniyield Pennsylvania Quality Fund's 12-1 Month Momentum % or its related term are showing as below:

MPA's 12-1 Month Momentum % is ranked better than
67.3% of 1743 companies
in the Asset Management industry
Industry Median: 2.26 vs MPA: 9.07

Competitive Comparison of Blackrock Muniyield Pennsylvania Quality Fund's 12-1 Month Momentum %

For the Asset Management subindustry, Blackrock Muniyield Pennsylvania 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 Pennsylvania Quality Fund's 12-1 Month Momentum % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Blackrock Muniyield Pennsylvania Quality Fund's 12-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Blackrock Muniyield Pennsylvania Quality Fund's 12-1 Month Momentum % falls into.



Blackrock Muniyield Pennsylvania Quality Fund  (NYSE:MPA) 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 Pennsylvania Quality Fund  (NYSE:MPA) 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 Pennsylvania Quality Fund 12-1 Month Momentum % Related Terms

Thank you for viewing the detailed overview of Blackrock Muniyield Pennsylvania Quality Fund's 12-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.


Blackrock Muniyield Pennsylvania Quality Fund (Blackrock Muniyield Pennsylvania Quality Fund) Business Description

Traded in Other Exchanges
N/A
Address
100 Bellevue Parkway, Wilmington, DE, USA, 19809
Blackrock Muniyield Pennsylvania Quality Fund is a closed-end fund with investment objective is to provide shareholders with current income exempt from U.S. federal and Pennsylvania income taxes.
Executives
Saba Capital Management, L.p. 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
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
Boaz Weinstein 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Kevin Maloney other: Portfolio Manager 55 EAST 52ND STREET, NEW YORK NY 10055
Kristi Manidis Santiago other: Portfolio Manager 1 UNIVERSITY SQUARE DRIVE, PRINCETON NJ 08540
Walter Oconnor other: Portfolio Manager 800 SCUDDERS MILL ROAD, PLAINSBORO NJ 08536
Michael Kalinoski other: Portfolio Manager 800 SCUDDERS MILL ROAD, PLAINSBORO NJ 08536
Christian Romaglino other: Portfolio Manager 55 EAST 52ND STREET, NEW YORK NY 10055
Toronto Dominion Investments, Inc. 10 percent owner 909 FANIN, SUITE 1950, HOUSTON TX 77010
Td Group Us Holdings Llc 10 percent owner 251 LITTLE FALLS DRIVE, WILMINGTON DE 19808
Dominion Bank Toronto 10 percent owner 66 WELLINGTON STREET WEST, 12TH FLOOR, TD TOWER, TORONTO, ONTARIO A6 M5K 1A2
Td Securities (usa) Llc 10 percent owner ONE VANDERBILT AVENUE, NEW YORK NY 10017
Toronto Dominion Holdings Usa Inc 10 percent owner 40 WALL STREET, NEW YORK NY 10003
Lorenzo Flores director 2100 LOGIC DRIVE, SAN JOSE CA 95124