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Blackrock Munivest Fund II (Blackrock Munivest Fund II) 12-1 Month Momentum %

: 4.28% (As of Today)
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12-1 Month Momentum % is the total return of the stock from 12-month ago to 1-month ago. As of today (2024-04-19), Blackrock Munivest Fund II's 12-1 Month Momentum % is 4.28%.

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

MVT's 12-1 Month Momentum % is ranked better than
61.3% of 1744 companies
in the Asset Management industry
Industry Median: 0.505 vs MVT: 4.28

Competitive Comparison

For the Asset Management subindustry, Blackrock Munivest Fund II'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 Munivest Fund II 12-1 Month Momentum % Distribution

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

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



Blackrock Munivest Fund II  (NYSE:MVT) 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 Munivest Fund II  (NYSE:MVT) 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 Munivest Fund II 12-1 Month Momentum % Related Terms

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Blackrock Munivest Fund II (Blackrock Munivest Fund II) Business Description

Traded in Other Exchanges
N/A
Address
100 Bellevue Parkway, Wilmington, DE, USA, 19809
Blackrock Munivest Fund II Inc is a closed-end management investment company. The fund's objective is to provide shareholders with as high a level of current income exempt from U.S. federal income taxes as is consistent with its investment policies and prudent investment management. The company invests in Transportation, Health, Utilities, Education, Housing, and other sectors.
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
Phillip Soccio other: Portfolio Manager 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Kevin Maloney other: Portfolio Manager 55 EAST 52ND STREET, NEW YORK NY 10055
Christian Romaglino other: Portfolio Manager 55 EAST 52ND STREET, NEW YORK NY 10055
Michael Kalinoski 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
Michael J Castellano director C/O LAZARD LLC, 30 ROCKEFELLER PLAZA, NEW YORK NY 10020
J.p. Morgan Taxable Putters/taxable Drivers, Series T0005 Trust 10 percent owner C/O U.S. BANK TRUST NATIONAL ASSOCIATION, 100 WALL STREET-SUITE 1600, NEW YORK NY 10005
Jpmorgan Chase Bank, N.a. 10 percent owner 1111 POLARIS PARKWAY, COLUMBUS OH 43240
Henry Gabbay director 100 BELLEVUE PARKWAY, WILMINGTON DE 19809

Blackrock Munivest Fund II (Blackrock Munivest Fund II) Headlines