Blackrock Muniholdings FundMHD +0.08%34 Return-on-Tangible-Equity is 17.33% as of Jan. 2026, which is 2449% above its 10-year median of 0.68. GuruFocus rates MHD with a GF Score™ of 34/100. The stock has 5 warning signs investors should review. Among 1,588 Asset Management companies, Blackrock Muniholdings Fund ranks worse than 67.63% on this metric.
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Blackrock Muniholdings Fund's annualized net income for the quarter that ended in Jan. 2026 was $112.61 Mil. Blackrock Muniholdings Fund's average shareholder tangible equity for the quarter that ended in Jan. 2026 was $649.89 Mil. Therefore, Blackrock Muniholdings Fund's annualized Return-on-Tangible-Equity for the quarter that ended in Jan. 2026 was 17.33%.
The historical rank and industry rank for Blackrock Muniholdings Fund's Return-on-Tangible-Equity or its related term are showing as below:
MHD'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -14.62 Med: 0.68 Max: 9.62
Current: 2.35
During the past 8 years, Blackrock Muniholdings Fund's highest Return-on-Tangible-Equity was 9.62%. The lowest was -14.62%. And the median was 0.68%.
MHD's Return-on-Tangible-Equity is ranked worse than 67.63% of 1588
companies
in the Asset Management industry
Industry Median: 7.19
vs MHD: 2.35
Blackrock Muniholdings Fund (NYSE:MHD) Return-on-Tangible-Equity Explanation
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
Blackrock Muniholdings Fund Return-on-Tangible-Equity Related Terms
Blackrock Muniholdings Fund Return-on-Tangible-Equity Historical Data
* 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 Fund Return-on-Tangible-Equity Chart
MHD vs DSU, LDP, NDMO: Return-on-Tangible-Equity Comparison
For the Asset Management subindustry, Blackrock Muniholdings Fund's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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 Fund Return-on-Tangible-Equity vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Blackrock Muniholdings Fund's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Blackrock Muniholdings Fund's Return-on-Tangible-Equity falls into.
* 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.
In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is two times the semi-annual (Jan. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 17.33% mean?
Blackrock Muniholdings Fund (MHD) has a Return-on-Tangible-Equity of 17.33% as of Jan. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Blackrock Muniholdings Fund and its competitors. This is 2449% above median its historical median of 0.68. According to the industry distribution chart, Blackrock Muniholdings Fund ranks #1074 out of 1588 companies in the Asset Management industry, placing it in the top 67.6%.
Is Blackrock Muniholdings Fund's Return-on-Tangible-Equity too high?
Blackrock Muniholdings Fund's current Return-on-Tangible-Equity of 17.33% is 2449% above median its 10-year median of 0.68. The Asset Management industry median Return-on-Tangible-Equity is 7.19. Blackrock Muniholdings Fund's value of 17.33% is 141% above this industry median. Based on the distribution chart, Blackrock Muniholdings Fund ranks #1074 out of 1588 companies in the Asset Management industry, which is below the industry midpoint. Overall, Blackrock Muniholdings Fund has a GF Score™ of 34/100, reflecting its overall financial health beyond just this single metric.
How does Blackrock Muniholdings Fund's Return-on-Tangible-Equity compare to DSU and LDP?
According to the Asset Management industry distribution chart, Blackrock Muniholdings Fund ranks #1074 out of 1588 companies for Return-on-Tangible-Equity. This places Blackrock Muniholdings Fund in the lower half of its industry. The industry median Return-on-Tangible-Equity is 7.19. Blackrock Muniholdings Fund's value of 17.33% is 141% above this benchmark. While the company's 10-year median is 0.68 vs. the industry median of 7.19, Blackrock Muniholdings Fund has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Equity for an Asset Management company?
The median Return-on-Tangible-Equity among Asset Management companies is 7.19, based on 1,588 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Blackrock Muniholdings Fund's current Return-on-Tangible-Equity of 17.33% is 141% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Blackrock Muniholdings Fund and its competitors. For the Asset Management industry, the median Return-on-Tangible-Equity is 7.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Blackrock Muniholdings Fund's current Return-on-Tangible-Equity is 17.33%, which is 2449% above median its own 10-year median of 0.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Blackrock Muniholdings Fund stock overvalued right now?
Blackrock Muniholdings Fund (MHD) has a current Return-on-Tangible-Equity of 17.33%. The current Return-on-Tangible-Equity is 17.33%, which is 2449% above median its 10-year median of 0.68 and 141% above the Asset Management industry median of 7.19. Blackrock Muniholdings Fund's overall GF Score™ is 34/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Blackrock Muniholdings Fund (MHD), the current Return-on-Tangible-Equity is 17.33% as of Jan. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Blackrock Muniholdings Fund Inc is a diversified, closed-end management investment company. Its investment objective is to provide shareholders with current income exempt from U.S. federal income taxes. The fund mainly invests its managed assets in municipal bonds rated investment grade or, if unrated, are deemed to be of comparable quality by the investment adviser at the time of investment. Its investment portfolio is mainly comprised of long-term municipal bonds with a maturity of more than ten years at the time of investment. The fund can also invest directly in such securities or synthetically through the use of derivatives.
34GF Score
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