BlackRock Municipal Income Quality Closed Fund Asset Resilience Ratio
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. See BlackRock Municipal Income Quality Close defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio of BlackRock Municipal Income Quality Closed Fund (2015–2024)
Asset resilience ratio of BlackRock Municipal Income Quality Closed Fund from 2015 to 2024. This chart shows how BlackRock Municipal Income Quality Closed Fund's Asset Resilience Ratio has changed over time. Read BYM total debt and obligations for a breakdown of total debt and financial obligations.
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 the complete balance sheet picture, see BlackRock Municipal Income Quality Close assets under control.
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 |
|---|---|---|
|
Nuveen Variable Rate Preferred & Income Fund
NYSE:NPFD |
Asset Management | 46.19% |
|
Nuveen Multi-Asset Income Fund
NYSE:NMAI |
Asset Management | 0.09% |
|
Angel Oak Financial Strategies Income Term Trust
NYSE:FINS |
Asset Management | -31.09% |
|
Sprott Physical Gold Trust
TO:PHYS |
Asset Management | 99.78% |
|
Industrivarden AB ser. C
ST:INDU-C |
Asset Management | 0.16% |
|
Julius Baer Gruppe AG
SW:BAER |
Asset Management | 15.49% |
|
HDFC Asset Management Company Limited
NSE:HDFCAMC |
Asset Management | 0.30% |
|
Nippon Life India Asset Management Limited
NSE:NAM-INDIA |
Asset Management | 5.50% |
BlackRock Municipal Income Quality Closed Fund Asset Resilience Ratio by Year (2015–2024)
BlackRock Municipal Income Quality Closed Fund asset resilience ratio by year from 2015 to 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