NYSE:MUH

Stock Analysis Report

BlackRock MuniHoldings Fund II

Executive Summary

BlackRock MuniHoldings Fund II, Inc. is a closed ended fixed income mutual fund launched by BlackRock, Inc.

Rewards


Snowflake Analysis

Share Price & News

How has BlackRock MuniHoldings Fund II's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: MUH has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

0.5%

MUH

-8.6%

US Capital Markets

-10.6%

US Market


1 Year Return

16.7%

MUH

4.9%

US Capital Markets

5.2%

US Market

Return vs Industry: MUH exceeded the US Capital Markets industry which returned 4.9% over the past year.

Return vs Market: MUH exceeded the US Market which returned 5.2% over the past year.


Shareholder returns

MUHIndustryMarket
7 Day0.5%-8.6%-10.6%
30 Day6.0%-7.9%-8.5%
90 Day10.6%-4.4%-4.6%
1 Year22.3%16.7%7.1%4.9%7.4%5.2%
3 Year27.9%8.6%25.5%18.4%31.7%23.2%
5 Year40.3%5.9%65.9%50.7%56.4%39.3%

Price Volatility Vs. Market

How volatile is BlackRock MuniHoldings Fund II's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is BlackRock MuniHoldings Fund II undervalued compared to its fair value and its price relative to the market?

8.98x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: MUH ($16.38) is trading above our estimate of fair value ($2.69)

Significantly Below Fair Value: MUH is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: MUH is good value based on its PE Ratio (9x) compared to the Capital Markets industry average (30.2x).

PE vs Market: MUH is good value based on its PE Ratio (9x) compared to the US market (16.9x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate MUH's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: MUH is good value based on its PB Ratio (1x) compared to the US Capital Markets industry average (6.2x).

Future Growth

How is BlackRock MuniHoldings Fund II forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

7.9%

Forecasted Diversified Financials industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as BlackRock MuniHoldings Fund II has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.

Past Performance

How has BlackRock MuniHoldings Fund II performed over the past 5 years?

-23.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: MUH has a large one-off gain of $14.7M impacting its October 31 2019 financial results.

Growing Profit Margin: MUH became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: MUH's earnings have declined by -23% per year over the past 5 years.

Accelerating Growth: MUH has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: MUH has become profitable in the last year, making it difficult to compare its past year earnings growth to the Capital Markets industry (8.5%).


Return on Equity

High ROE: MUH's Return on Equity (11.6%) is considered low.

Financial Health

How is BlackRock MuniHoldings Fund II's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet

Inventory Level: MUH has a low level of unsold assets or inventory.

Debt Coverage by Assets: MUH's debt is not covered by short term assets (assets are 0x debt).


Financial Institutions Analysis

Asset Level: MUH's level of assets compared to its equity is low.

Allowance for Bad Loans: Insufficient data to determine if MUH has a sufficient allowance for bad loans.

Low Risk Liabilities: MUH reports no customer deposits, loans are made up entirely of externally borrowed funds.

Loan Level: Insufficient data to determine if MUH has an acceptable proportion of non-loan assets held.

Low Risk Deposits: MUH has advanced significantly more loans than the customer deposits it holds.

Level of Bad Loans: Insufficient data to determine if MUH has an appropriate level of bad loans.

Dividend

What is BlackRock MuniHoldings Fund II's current dividend yield, its reliability and sustainability?

4.15%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: MUH's dividend (4.15%) is higher than the bottom 25% of dividend payers in the US market (1.59%).

High Dividend: MUH's dividend (4.15%) is in the top 25% of dividend payers in the US market (4.09%)


Stability and Growth of Payments

Stable Dividend: MUH's dividends per share have been stable in the past 10 years.

Growing Dividend: MUH's dividend payments have fallen over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (39.4%), MUH's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.

Management

How experienced are the management team and are they aligned to shareholders interests?

13.1yrs

Average board tenure


CEO

BlackRock MuniHoldings Fund II has no CEO, or we have no data on them.


Board Members

NamePositionTenureCompensationOwnership
Paul Audet
Interested Trustee9.1yrsno datano data
Richard Cavanagh
Chairman13.1yrsUS$2.07k0.00098% $1.8k
Frank Fabozzi
Independent Trustee13.1yrsUS$1.68k0.000090% $166.0
Kathleen Feldstein
Independent Trustee13.1yrsUS$1.31kno data
W. Kester
Independent Trustee13.1yrsUS$1.58kno data
Jerrold Harris
Independent Trustee13.1yrsUS$1.42kno data
Karen Robards
Vice Chairperson13.1yrsUS$1.97kno data
James Flynn
Independent Trustee13.1yrsUS$1.44kno data
Michael Castellano
Independent Trustee9.1yrsUS$1.44k0.0062% $11.4k
Robert Hubbard
Independent Trustee13.1yrsUS$1.37kno data

13.1yrs

Average Tenure

72yo

Average Age

Experienced Board: MUH's board of directors are seasoned and experienced ( 13.1 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

BlackRock MuniHoldings Fund II, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information


Location

  • BlackRock MuniHoldings Fund II, Inc.
  • 100 Bellevue Parkway
  • Wilmington
  • Delaware
  • 19809
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
MUHNYSE (New York Stock Exchange)YesCommon StockUSUSDMar 1998

Biography

BlackRock MuniHoldings Fund II, Inc. is a closed ended fixed income mutual fund launched by BlackRock, Inc. It is managed by BlackRock Advisors, LLC. The fund invests in fixed income markets on the United States. It primarily invests in investment grade municipal bonds with a maturity of more than ten years at the time of investment. BlackRock MuniHoldings Fund II, Inc. was formed on February 27, 1998 and is domiciled in the United States. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/28 00:36
End of Day Share Price2020/02/27 00:00
Earnings2019/10/31
Annual Earnings2019/04/30


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.