Dividend Investing Ideas Center
Critical Facts You Need to Know About Preferred Stocks
Have you ever wished for the safety of bonds, but the return potential...
Name
As of 10/11/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
YTD Return
3.1%
1 yr return
6.0%
3 Yr Avg Return
1.3%
5 Yr Avg Return
1.0%
Net Assets
$470 M
Holdings in Top 10
27.7%
Expense Ratio 0.65%
Front Load 3.00%
Deferred Load N/A
Turnover 41.00%
Redemption Fee N/A
Standard (Taxable)
$1,000
IRA
N/A
Fund Type
Open End Mutual Fund
Name
As of 10/11/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Period | MELMX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 3.1% | -3.0% | 26.3% | 20.51% |
1 Yr | 6.0% | 1.7% | 37.9% | 88.42% |
3 Yr | 1.3%* | -10.2% | 3.3% | 4.95% |
5 Yr | 1.0%* | -6.8% | 1104.6% | 36.78% |
10 Yr | 0.8%* | -1.0% | 248.8% | 89.39% |
* Annualized
Period | MELMX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 1.5% | -1.4% | 41.0% | 86.45% |
2022 | -3.8% | -39.7% | 0.3% | 4.27% |
2021 | -0.6% | -5.6% | 6.9% | 52.97% |
2020 | 0.3% | -2.6% | 310.0% | 93.54% |
2019 | 0.7% | 0.0% | 26.0% | 97.86% |
Period | MELMX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 3.1% | -3.0% | 26.3% | 20.51% |
1 Yr | 6.0% | 1.7% | 37.9% | 88.42% |
3 Yr | 1.3%* | -10.2% | 3.3% | 4.95% |
5 Yr | 1.0%* | -6.8% | 1104.6% | 36.78% |
10 Yr | 0.8%* | -1.0% | 248.8% | 89.39% |
* Annualized
Period | MELMX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 4.4% | -1.3% | 41.0% | 77.37% |
2022 | -2.8% | -39.7% | 1.1% | 5.28% |
2021 | -0.2% | -4.8% | 23761504.0% | 92.23% |
2020 | 0.8% | -1.5% | 17057.9% | 96.74% |
2019 | 2.1% | 0.2% | 3514.6% | 97.64% |
MELMX | Category Low | Category High | MELMX % Rank | |
---|---|---|---|---|
Net Assets | 470 M | 3.22 M | 71.9 B | 49.63% |
Number of Holdings | 172 | 4 | 13418 | 67.44% |
Net Assets in Top 10 | 130 M | -317 M | 3.45 B | 34.82% |
Weighting of Top 10 | 27.65% | 1.9% | 100.1% | 15.72% |
Weighting | Return Low | Return High | MELMX % Rank | |
---|---|---|---|---|
Bonds | 95.29% | 0.00% | 150.86% | 90.15% |
Cash | 4.71% | -50.86% | 43.45% | 8.12% |
Stocks | 0.00% | 0.00% | 99.89% | 42.85% |
Preferred Stocks | 0.00% | 0.00% | 0.08% | 34.62% |
Other | 0.00% | -3.72% | 51.88% | 40.61% |
Convertible Bonds | 0.00% | 0.00% | 0.93% | 34.29% |
Weighting | Return Low | Return High | MELMX % Rank | |
---|---|---|---|---|
Municipal | 95.20% | 44.39% | 100.00% | 80.95% |
Cash & Equivalents | 4.28% | 0.00% | 43.45% | 7.52% |
Derivative | 0.00% | -3.72% | 51.88% | 37.95% |
Securitized | 0.00% | 0.00% | 5.93% | 35.36% |
Corporate | 0.00% | 0.00% | 9.41% | 45.59% |
Government | 0.00% | 0.00% | 52.02% | 39.57% |
Weighting | Return Low | Return High | MELMX % Rank | |
---|---|---|---|---|
US | 95.29% | 0.00% | 142.23% | 88.28% |
Non US | 0.00% | 0.00% | 23.89% | 38.88% |
MELMX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.65% | 0.01% | 8.02% | 59.36% |
Management Fee | 0.29% | 0.00% | 1.20% | 13.97% |
12b-1 Fee | 0.25% | 0.00% | 1.00% | 46.13% |
Administrative Fee | N/A | 0.01% | 0.44% | N/A |
MELMX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | 3.00% | 0.50% | 4.75% | 68.39% |
Deferred Load | N/A | 0.25% | 5.00% | N/A |
MELMX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 1.00% | N/A |
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
MELMX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 41.00% | 0.00% | 283.00% | 88.39% |
MELMX | Category Low | Category High | MELMX % Rank | |
---|---|---|---|---|
Dividend Yield | 3.17% | 0.00% | 14.51% | 48.10% |
MELMX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | None | Monthly | Monthly | Monthly |
MELMX | Category Low | Category High | MELMX % Rank | |
---|---|---|---|---|
Net Income Ratio | 0.45% | -0.53% | 5.33% | 96.23% |
MELMX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Date | Amount | Type |
---|---|---|
Sep 30, 2024 | $0.026 | OrdinaryDividend |
Aug 30, 2024 | $0.026 | OrdinaryDividend |
Jul 31, 2024 | $0.025 | OrdinaryDividend |
Apr 30, 2024 | $0.027 | OrdinaryDividend |
Mar 28, 2024 | $0.026 | OrdinaryDividend |
Feb 29, 2024 | $0.025 | OrdinaryDividend |
Jan 31, 2024 | $0.024 | OrdinaryDividend |
Dec 29, 2023 | $0.026 | OrdinaryDividend |
Nov 30, 2023 | $0.025 | OrdinaryDividend |
Oct 31, 2023 | $0.025 | OrdinaryDividend |
Sep 29, 2023 | $0.024 | OrdinaryDividend |
Aug 31, 2023 | $0.022 | OrdinaryDividend |
Jul 31, 2023 | $0.021 | OrdinaryDividend |
Jun 30, 2023 | $0.021 | OrdinaryDividend |
May 31, 2023 | $0.020 | OrdinaryDividend |
Apr 28, 2023 | $0.019 | OrdinaryDividend |
Mar 31, 2023 | $0.019 | OrdinaryDividend |
Feb 28, 2023 | $0.019 | OrdinaryDividend |
Jan 31, 2023 | $0.016 | OrdinaryDividend |
Dec 30, 2022 | $0.016 | OrdinaryDividend |
Nov 30, 2022 | $0.013 | OrdinaryDividend |
Oct 31, 2022 | $0.013 | OrdinaryDividend |
Sep 30, 2022 | $0.011 | OrdinaryDividend |
Aug 31, 2022 | $0.010 | OrdinaryDividend |
Jul 29, 2022 | $0.007 | OrdinaryDividend |
Jun 30, 2022 | $0.006 | OrdinaryDividend |
May 31, 2022 | $0.005 | OrdinaryDividend |
Apr 29, 2022 | $0.004 | OrdinaryDividend |
Mar 31, 2022 | $0.003 | OrdinaryDividend |
Feb 28, 2022 | $0.005 | OrdinaryDividend |
Jan 31, 2022 | $0.002 | OrdinaryDividend |
Dec 31, 2021 | $0.002 | OrdinaryDividend |
Nov 30, 2021 | $0.003 | OrdinaryDividend |
Oct 29, 2021 | $0.002 | OrdinaryDividend |
Sep 30, 2021 | $0.002 | OrdinaryDividend |
Aug 31, 2021 | $0.002 | OrdinaryDividend |
Jul 30, 2021 | $0.002 | OrdinaryDividend |
Jun 30, 2021 | $0.003 | OrdinaryDividend |
May 28, 2021 | $0.003 | OrdinaryDividend |
Apr 30, 2021 | $0.004 | OrdinaryDividend |
Mar 31, 2021 | $0.003 | OrdinaryDividend |
Feb 26, 2021 | $0.005 | OrdinaryDividend |
Jan 29, 2021 | $0.004 | OrdinaryDividend |
Dec 31, 2020 | $0.004 | OrdinaryDividend |
Nov 30, 2020 | $0.005 | OrdinaryDividend |
Oct 30, 2020 | $0.004 | OrdinaryDividend |
Sep 30, 2020 | $0.005 | OrdinaryDividend |
Aug 31, 2020 | $0.005 | OrdinaryDividend |
Jul 31, 2020 | $0.005 | OrdinaryDividend |
Jun 30, 2020 | $0.007 | OrdinaryDividend |
Feb 28, 2020 | $0.010 | OrdinaryDividend |
Dec 31, 2019 | $0.010 | OrdinaryDividend |
Nov 29, 2019 | $0.011 | OrdinaryDividend |
Oct 31, 2019 | $0.011 | OrdinaryDividend |
Sep 30, 2019 | $0.012 | OrdinaryDividend |
Aug 30, 2019 | $0.011 | OrdinaryDividend |
Jul 31, 2019 | $0.011 | OrdinaryDividend |
Dec 07, 2018 | $0.000 | CapitalGainShortTerm |
Dec 09, 2016 | $0.000 | CapitalGainShortTerm |
Dec 09, 2016 | $0.003 | CapitalGainLongTerm |
Dec 04, 2015 | $0.001 | CapitalGainLongTerm |
Dec 20, 2010 | $0.000 | CapitalGainShortTerm |
Start Date
Tenure
Tenure Rank
Oct 28, 2016
5.59
5.6%
Kevin A. Schiatta, CFA .Director of BlackRock, Inc. since 2006. Responsible for the day-to-day management of the Fund’s portfolio including setting the Fund’s overall investment strategy and overseeing the management of the Fund. Schiatta has been a director of MLIM since 2000 and was a vice president thereof from 1994 to 2000.
Start Date
Tenure
Tenure Rank
Sep 03, 2019
2.74
2.7%
Start Date
Tenure
Tenure Rank
Jun 25, 2021
0.93
0.9%
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 35.05 | 7.35 | 1.58 |
Dividend Investing Ideas Center
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