BlackRock Municipal Income Quality Closed Fund - Asset Resilience Ratio
BlackRock Municipal Income Quality Closed Fund (BYM) has an Asset Resilience Ratio of 2.57% as of January 2025. The Asset Resilience Ratio measures the percentage of a company's total assets that are held in liquid form (cash and short-term investments). This metric indicates how well-positioned the company is to handle unexpected financial challenges, economic downturns, or strategic opportunities without requiring external financing. Check how strategically is BlackRock Municipal Income Quality Close's equity deployed to assess the company's strategic physical and investment asset allocation.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2015–2024)
This chart shows how BlackRock Municipal Income Quality Closed Fund's Asset Resilience Ratio has changed over time. See BYM net asset quality score to measure how much of total assets are equity-financed.
Liquid Assets Composition Over Time
This chart breaks down BlackRock Municipal Income Quality Closed Fund's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. For market capitalisation and broader financial context, see how much is BlackRock Municipal Income Quality Close worth.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0% |
| Short-term Investments | $12.86 Million | 2.57% |
| Total Liquid Assets | $12.86 Million | 2.57% |
Asset Resilience Insights
- Limited Liquidity: BlackRock Municipal Income Quality Closed Fund maintains only 2.57% of assets in liquid form.
- This low level may indicate efficient asset utilization but could pose risks during economic downturns.
- The company has significant short-term investments, indicating active treasury management.
BlackRock Municipal Income Quality Closed Fund Industry Peers by Asset Resilience Ratio
Compare BlackRock Municipal Income Quality Closed Fund's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Metrics Master Income Trust
AU:MXT |
Asset Management | 0.14% |
|
Principal Financial Group Inc
NASDAQ:PFG |
Asset Management | 8.30% |
|
IGM Financial Inc.
TO:IGM |
Asset Management | 11.25% |
|
Julius Baer Gruppe AG
SW:BAER |
Asset Management | 15.49% |
|
Sprott Physical Gold and Silver Trust
TO:CEF |
Asset Management | 99.66% |
|
Reinet Investments S.C.A
AS:REINA |
Asset Management | -0.11% |
|
Sprott Inc.
TO:SII |
Asset Management | 1.84% |
|
OCI Co Ltd
KO:010060 |
Asset Management | 6.27% |
Annual Asset Resilience Ratio for BlackRock Municipal Income Quality Closed Fund (2015–2024)
The table below shows the annual Asset Resilience Ratio data for BlackRock Municipal Income Quality Closed Fund.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2024-07-31 | 0.56% | $2.73 Million | $490.92 Million | -0.92pp |
| 2023-07-31 | 1.48% | $7.65 Million | $518.10 Million | +26.91pp |
| 2022-07-31 | -25.44% | $-149.71 Million | $588.54 Million | -26.38pp |
| 2021-07-31 | 0.94% | $6.33 Million | $670.76 Million | +0.87pp |
| 2020-07-31 | 0.07% | $466.48K | $672.18 Million | -0.07pp |
| 2019-07-31 | 0.14% | $972.05K | $673.37 Million | -0.56pp |
| 2018-07-31 | 0.70% | $4.49 Million | $641.98 Million | +0.41pp |
| 2017-07-31 | 0.29% | $1.89 Million | $651.34 Million | -0.25pp |
| 2016-07-31 | 0.54% | $3.61 Million | $668.53 Million | -- |
| 2015-07-31 | 0.00% | $0.00 | $644.10 Million | -- |
About BlackRock Municipal Income Quality Closed Fund
BlackRock Municipal Income Quality Trust is a closed-ended fixed income mutual fund launched by BlackRock, Inc. It is managed by BlackRock Advisors, LLC. The fund invests in the fixed income markets of the United States. It primarily invests in investment grade municipal bonds exempt from federal income taxes, including the alternative minimum tax. BlackRock Municipal Income Quality Trust was for… Read more