|
Overall Morningstar
Rating™ |
| What is this? |
 |
 |
| As of 2009-10-31 |
|
Out of
Muni California Long Funds |
|
| Rating derived from a weighted average of the fund's 3, 5, 10-year rating which are based on risk-adjusted performance. |
|
|
|
Morningstar®
Style Box™ |
| What is this? |
|
 |
|
Avg Duration |
|
|
6.69 Yrs
|
|
|
|
Avg Credit Quality |
|
|
AA |
|
| As of
2009-08-31 |
|
|
| Day Change |
| $ 0.00 |
|
|
| NAV (2009-11-20) |
| $ 11.23 |
|
|
| YTD Return % (2009-11-20) |
| 11.23% |
|
|
| Total Assets ($ mil) |
| 347 |
|
| Growth of $10,000 |
 |
Fund: |
BlackRock CA Muni Bd B |
| (from
1999-01-01
to 2009-10-31) |
 |
Category: |
Muni California Long |
|
 |
Index: |
BarCap Municipal TR USD |
| Total Annualized Returns % |
1yr, 3yr and 5yr Returns as of 2009-11-20 |
| Inception date: 1985-09-30 |
10yr and Inception Returns as of 2009-10-31 |
|
YTD Returns as of 2009-11-20 |
|
|
YTD |
1 Year |
3 Year |
5 Year |
10 Year |
Since Inception |
| Fund |
11.23 |
11.08 |
2.81 |
3.12 |
4.84 |
6.04 |
| +/- Category |
-5.50 |
-2.58 |
1.22 |
0.36 |
0.25 |
--- |
| +/- BarCap Municipal TR USD |
-0.91 |
-0.59 |
-1.44 |
-1.24 |
--- |
--- |
|
|
| Standardized Annual Returns % more on standardized returns |
| Quarter-End (as of
2009-09-30) |
11.21 |
12.00 |
3.39 |
3.52 |
4.90 |
6.19 |
| Month-End (as of 2009-10-31) |
7.95 |
9.75 |
2.20 |
2.80 |
4.84 |
6.04 |
|
|
| After Tax Returns % (as of
2009-09-30
)
|
| On Distribution |
--- |
9.73 |
2.19 |
2.82 |
4.84 |
--- |
| On Distribution & Sale of Shares |
--- |
7.83 |
2.42 |
2.98 |
4.79 |
--- |
|
|
| Morningstar Rating |
--- |
--- |
 |
|
|
--- |
|
| # of compared funds covered (3 yrs : out of 152 funds), (5 yrs : out of 141 funds), (10 yrs : out of 115 funds). Ratings are based on risk-adjusted performance. The maximum initial sales fee is
none,
the maximum deferred sales fee is
none,
and the maximum redemption sales fee is
none. |
|
| The performance quoted represents past performance and does not guarantee future results. The investment return and principal value of an investment will fluctuate thus an investor's shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted herein. |
|
|
|
|
| Sector Breakdown % |
|
| General Obligations |
29.48 |
| Advance Refunded |
5.61 |
| State Appropriated Tobacco |
---
|
| Non-state Appropriated Tobacco |
---
|
| Education |
6.87 |
| Health |
3.76 |
| Housing |
---
|
| Industrial |
---
|
| Transportation |
---
|
| Utilities |
2.19 |
| Water/Sewer |
9.09 |
| Misc. Revenue |
43.01 |
|
| Bond Quality |
% of Bonds |
| AAA |
8.0 |
| AA |
53.1 |
| A |
23.8 |
| BBB |
15.1 |
| BB |
0.0 |
| B |
0.0 |
| Below B |
0.0 |
| Not Rated |
0.0 |
|
|
|
|
|
| |
|
|
| Asset Allocation |
|
 |
|
| % of Net Assets |
 |
Cash |
1.5 |
 |
Stocks |
0.0 |
|
Bonds |
98.5 |
 |
Other |
0.0 |
|
|
|
Foreign Stocks |
0.0 |
|
(as a % of Assets) |
|
|
| Data through 2009-08-31 |
Data through 2009-08-31 |
 |
| Holding Status |
|
| Total Number of Stock Holdings |
|
|
Turnover % |
54 |
| Total Number of Bond Holdings |
89 |
|
30 Day SEC Yield % |
3.87 |
| % of Assets in Top 10 Holdings |
26.09 |
|
ending as of
2009-09-30 |
|
|
|
|
View Data Definitions |
| Top 10 Holdings |
Maturity
Date |
Amount
$000 |
Value
$000 |
% of Net
Assets |
|
|
|
|
|
|
|
California St Go Bds 6.5% |
2033-04-01 |
9,700 |
10,727 |
3.24 |
|
California St Pub Wks Brd Leas Leas 6.5% |
2034-04-01 |
10,000 |
10,706 |
3.23 |
|
California St Univ Rev Systemwid 5% |
2032-11-01 |
10,000 |
10,114 |
3.05 |
|
Sacramento Calif City Uni Sch Go Bds 5% |
2030-07-01 |
9,230 |
9,355 |
2.82 |
|
Port Oakland Calif Rev Rev Bds 5.375% |
2027-11-01 |
9,000 |
8,622 |
2.60 |
|
 |
|
Eastern Mun Wtr Dist 5% |
2032-07-01 |
7,880 |
7,916 |
2.39 |
 |
Tuolumne Wind Proj Auth 5.875% |
2029-01-01 |
7,395 |
7,710 |
2.33 |
 |
Bakersfield Calif Wastewtr Rev Rev Bd 5% |
2032-09-15 |
7,500 |
7,554 |
2.28 |
|
Glendale Calif Wtr Rev Wtr Rev B 5% |
2032-02-01 |
6,825 |
6,918 |
2.09 |
|
Sonoma Cnty Calif Jr College D Go Bds 5% |
2028-08-01 |
6,700 |
6,837 |
2.06 |
|
|
 |
Data through 2009-08-31 |
|
|
| Fund Inception: 1985-09-30 |
|
Portfolio Manager (Start Date) |
|
|
|
|
|
Walter O'Connor (1993-12-31) |
|
|
|
Connor is Managing Director of BlackRock, Inc. since 2006. He is Managing Director of MLIM from 2003 to 2006 and Director (Municipal Tax-Exempt Fund Management) of MLIM from 2000 to 2003. |
|
|
|
|
|
Theodore R. Jaeckel Jr. (2006-12-22) |
|
|
|
Jaeckel Jr. is managing director at BlackRock. He joined BlackRock following the merger with Merrill Lynch Investment Managers (MLIM) in 2006. He is a member of BlackRock's Fixed Income Portfolio Management Group. Prior to joining MLIM in 1990, he was a municipal bond trader with Chemical Bank.
Jaeckel holds the Chartered Financial Analyst designation. |
|
|
|
|
Sales Charge %
(taken from prospectus dated 2009-09-29) |
| Front: |
None |
| Deferred: |
None |
|
| Expense Ratio % |
1.23 |
based on net assets
(taken from annual report dated 2009-05-31)
|
|
| Correspondence Information |
100 Bellevue Parkway
,
|
|
|
|
| Telephone: |
| 800-441-7762 |
| 609-282-2800 |
|
|
