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MAYHX vs. NHMRX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between MAYHX and NHMRX is -0.03. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.


Performance

MAYHX vs. NHMRX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in BlackRock High Yield Municipal Fund (MAYHX) and Nuveen High Yield Municipal Bond Fund (NHMRX). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Returns By Period


MAYHX

YTD

N/A

1M

N/A

6M

N/A

1Y

N/A

5Y*

N/A

10Y*

N/A

NHMRX

YTD

-2.82%

1M

0.78%

6M

-2.36%

1Y

-0.23%

5Y*

2.92%

10Y*

3.52%

*Annualized

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MAYHX vs. NHMRX - Expense Ratio Comparison

MAYHX has a 0.59% expense ratio, which is higher than NHMRX's 0.52% expense ratio.


Risk-Adjusted Performance

MAYHX vs. NHMRX — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

MAYHX
The Risk-Adjusted Performance Rank of MAYHX is 9090
Overall Rank
The Sharpe Ratio Rank of MAYHX is 9292
Sharpe Ratio Rank
The Sortino Ratio Rank of MAYHX is 9292
Sortino Ratio Rank
The Omega Ratio Rank of MAYHX is 9393
Omega Ratio Rank
The Calmar Ratio Rank of MAYHX is 8585
Calmar Ratio Rank
The Martin Ratio Rank of MAYHX is 9090
Martin Ratio Rank

NHMRX
The Risk-Adjusted Performance Rank of NHMRX is 2020
Overall Rank
The Sharpe Ratio Rank of NHMRX is 2222
Sharpe Ratio Rank
The Sortino Ratio Rank of NHMRX is 1818
Sortino Ratio Rank
The Omega Ratio Rank of NHMRX is 1818
Omega Ratio Rank
The Calmar Ratio Rank of NHMRX is 2121
Calmar Ratio Rank
The Martin Ratio Rank of NHMRX is 2020
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

MAYHX vs. NHMRX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for BlackRock High Yield Municipal Fund (MAYHX) and Nuveen High Yield Municipal Bond Fund (NHMRX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.



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Dividends

MAYHX vs. NHMRX - Dividend Comparison

MAYHX has not paid dividends to shareholders, while NHMRX's dividend yield for the trailing twelve months is around 5.12%.


TTM20242023202220212020201920182017201620152014
MAYHX
BlackRock High Yield Municipal Fund
3.17%4.20%4.11%3.93%3.01%3.58%3.75%4.15%4.13%4.30%4.33%4.34%
NHMRX
Nuveen High Yield Municipal Bond Fund
5.12%5.35%5.55%5.64%4.70%5.04%5.00%5.47%5.38%5.88%5.68%5.79%

Drawdowns

MAYHX vs. NHMRX - Drawdown Comparison


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Volatility

MAYHX vs. NHMRX - Volatility Comparison


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