BlackRock National Municipal Inv B
Name
As ofPrice
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
N/A
1 yr return
4.6%
3 Yr Avg Return
2.1%
5 Yr Avg Return
1.9%
Net Assets
$8.29 B
Holdings in Top 10
14.0%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.34%
SALES FEES
Front Load N/A
Deferred Load 4.00%
TRADING FEES
Turnover 83.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000
IRA
$100
Fund Classification
Fund Type
Open End Mutual Fund
Name
As ofPrice
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
MBNLX - Profile
Distributions
- YTD Total Return N/A
- 3 Yr Annualized Total Return 1.2%
- 5 Yr Annualized Total Return 1.5%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 2.66%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameBlackRock National Municipal Fund
-
Fund Family NameBlackRock
-
Inception DateOct 21, 1988
-
Shares OutstandingN/A
-
Share ClassB
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerWalter O'Connor
Fund Description
MBNLX - Performance
Return Ranking - Trailing
Period | MBNLX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | N/A | 0.0% | 5.8% | N/A |
1 Yr | 4.6% | -2.6% | 5.6% | N/A |
3 Yr | 2.1%* | -3.2% | 1.4% | N/A |
5 Yr | 1.9%* | -1.8% | 2.3% | N/A |
10 Yr | 3.9%* | -8.7% | 2.3% | N/A |
* Annualized
Return Ranking - Calendar
Period | MBNLX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | N/A | -4.8% | 0.8% | N/A |
2022 | N/A | -0.9% | 5.6% | N/A |
2021 | N/A | -6.1% | 7.3% | N/A |
2020 | N/A | -10.9% | 2.6% | N/A |
2019 | N/A | -60.4% | 12.0% | N/A |
Total Return Ranking - Trailing
Period | MBNLX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | N/A | 0.0% | 6.0% | N/A |
1 Yr | 0.6% | -2.5% | 7.0% | N/A |
3 Yr | 1.2%* | -3.2% | 3.2% | N/A |
5 Yr | 1.5%* | -1.8% | 3.7% | N/A |
10 Yr | 3.9%* | -8.7% | 4.8% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | MBNLX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | N/A | -4.8% | 1.7% | N/A |
2022 | N/A | -0.9% | 6.2% | N/A |
2021 | N/A | -6.1% | 7.3% | N/A |
2020 | N/A | -9.6% | 3.9% | N/A |
2019 | N/A | -60.4% | 12.0% | N/A |
MBNLX - Holdings
Concentration Analysis
MBNLX | Category Low | Category High | MBNLX % Rank | |
---|---|---|---|---|
Net Assets | 8.29 B | 762 K | 68.3 B | N/A |
Number of Holdings | 483 | 3 | 8426 | N/A |
Net Assets in Top 10 | 1.16 B | -4.59 M | 2.02 B | N/A |
Weighting of Top 10 | 14.01% | 2.5% | 100.0% | N/A |
Top 10 Holdings
- Texas St For Previous Issues S Trans 4% 3.72%
- Univ Calif Revs For Prev Ltd Proj 5% 1.51%
- Massachusetts St Go Bds 5.25% 1.33%
- California St Go Bds 6.5% 1.13%
- Black Belt Engy Gas Dist 4% 1.12%
- Pennsylvania St Tpk Commn Tpk Rev 5.25% 1.12%
- California St Go Bds 6% 1.08%
- Alabama Spl Care Facs Fing Aut Rev Bd 5% 1.02%
- Washington D C Met Area Tran A Gross 5% 1.02%
- New York N Y City Mun Wtr Fin Rev 5.25% 0.96%
Asset Allocation
Weighting | Return Low | Return High | MBNLX % Rank | |
---|---|---|---|---|
Bonds | 98.19% | 17.56% | 101.83% | N/A |
Cash | 1.81% | -1.83% | 82.44% | N/A |
Stocks | 0.00% | 0.00% | 0.39% | N/A |
Preferred Stocks | 0.00% | 0.00% | 8.94% | N/A |
Other | 0.00% | -1.53% | 30.00% | N/A |
Convertible Bonds | 0.00% | 0.00% | 2.66% | N/A |
Bond Sector Breakdown
Weighting | Return Low | Return High | MBNLX % Rank | |
---|---|---|---|---|
Municipal | 98.19% | 0.00% | 104.99% | N/A |
Cash & Equivalents | 1.81% | -2.41% | 82.44% | N/A |
Derivative | 0.00% | 0.00% | 0.08% | N/A |
Securitized | 0.00% | 0.00% | 23.62% | N/A |
Corporate | 0.00% | 0.00% | 39.71% | N/A |
Government | 0.00% | -6.32% | 93.35% | N/A |
Bond Geographic Breakdown
Weighting | Return Low | Return High | MBNLX % Rank | |
---|---|---|---|---|
US | 97.91% | 17.56% | 101.37% | N/A |
Non US | 0.28% | 0.00% | 23.82% | N/A |
MBNLX - Expenses
Operational Fees
MBNLX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.34% | 0.09% | 4.80% | N/A |
Management Fee | 0.39% | 0.00% | 0.65% | N/A |
12b-1 Fee | 0.75% | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.01% | 0.34% | N/A |
Sales Fees
MBNLX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 0.50% | 5.75% | N/A |
Deferred Load | 4.00% | 0.50% | 5.50% | N/A |
Trading Fees
MBNLX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 0.25% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
MBNLX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 83.00% | 0.00% | 739.25% | N/A |
MBNLX - Distributions
Dividend Yield Analysis
MBNLX | Category Low | Category High | MBNLX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 2.53% | N/A |
Dividend Distribution Analysis
MBNLX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Quarterly | Monthly | Monthly |
Net Income Ratio Analysis
MBNLX | Category Low | Category High | MBNLX % Rank | |
---|---|---|---|---|
Net Income Ratio | 2.66% | 0.01% | 4.95% | N/A |
Capital Gain Distribution Analysis
MBNLX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Nov 30, 2017 | $0.021 | |
Oct 31, 2017 | $0.020 | |
Sep 29, 2017 | $0.021 | |
Aug 31, 2017 | $0.020 | |
Jul 31, 2017 | $0.020 | |
Jun 30, 2017 | $0.022 | |
May 31, 2017 | $0.021 | |
Apr 28, 2017 | $0.024 | |
Mar 31, 2017 | $0.024 | |
Feb 28, 2017 | $0.025 | |
Jan 31, 2017 | $0.023 | |
Dec 30, 2016 | $0.023 | |
Nov 30, 2016 | $0.022 | |
Oct 31, 2016 | $0.021 | |
Sep 30, 2016 | $0.021 | |
Aug 31, 2016 | $0.020 | |
Jul 29, 2016 | $0.021 | |
Jun 30, 2016 | $0.021 | |
May 31, 2016 | $0.020 | |
Apr 29, 2016 | $0.021 | |
Mar 31, 2016 | $0.021 | |
Feb 29, 2016 | $0.022 | |
Jan 29, 2016 | $0.021 | |
Dec 31, 2015 | $0.023 | |
Nov 30, 2015 | $0.024 | |
Oct 30, 2015 | $0.023 | |
Sep 30, 2015 | $0.025 | |
Aug 31, 2015 | $0.024 | |
Jul 31, 2015 | $0.025 | |
Jun 30, 2015 | $0.025 | |
May 29, 2015 | $0.025 | |
Apr 30, 2015 | $0.026 | |
Mar 31, 2015 | $0.025 | |
Feb 27, 2015 | $0.026 | |
Jan 30, 2015 | $0.025 | |
Dec 31, 2014 | $0.026 | |
Nov 28, 2014 | $0.026 | |
Oct 31, 2014 | $0.025 | |
Sep 30, 2014 | $0.026 | |
Aug 29, 2014 | $0.025 | |
Jul 31, 2014 | $0.027 | |
Jun 30, 2014 | $0.027 | |
May 30, 2014 | $0.027 | |
Apr 30, 2014 | $0.028 | |
Mar 31, 2014 | $0.030 | |
Feb 28, 2014 | $0.031 | |
Jan 31, 2014 | $0.030 | |
Dec 31, 2013 | $0.030 | |
Nov 29, 2013 | $0.029 | |
Oct 31, 2013 | $0.030 | |
Sep 30, 2013 | $0.030 | |
Aug 30, 2013 | $0.030 | |
Jul 31, 2013 | $0.029 | |
Jun 28, 2013 | $0.027 | |
May 31, 2013 | $0.026 | |
Apr 30, 2013 | $0.026 | |
Mar 28, 2013 | $0.027 | |
Feb 28, 2013 | $0.026 | |
Jan 31, 2013 | $0.026 | |
Dec 31, 2012 | $0.026 | |
Nov 30, 2012 | $0.027 | |
Oct 31, 2012 | $0.027 | |
Sep 28, 2012 | $0.026 | |
Aug 31, 2012 | $0.029 | |
Jul 31, 2012 | $0.032 | |
Jun 29, 2012 | $0.032 | |
May 31, 2012 | $0.031 | |
Apr 30, 2012 | $0.030 | |
Mar 30, 2012 | $0.030 | |
Feb 29, 2012 | $0.032 | |
Jan 31, 2012 | $0.032 | |
Dec 30, 2011 | $0.032 | |
Nov 30, 2011 | $0.032 | |
Oct 31, 2011 | $0.031 | |
Sep 30, 2011 | $0.033 | |
Aug 31, 2011 | $0.033 | |
Jul 29, 2011 | $0.034 | |
Jun 30, 2011 | $0.037 | |
May 31, 2011 | $0.037 | |
Apr 29, 2011 | $0.037 | |
Mar 31, 2011 | $0.037 | |
Feb 28, 2011 | $0.036 | |
Jan 31, 2011 | $0.036 | |
Dec 31, 2010 | $0.034 | |
Nov 30, 2010 | $0.032 | |
Oct 29, 2010 | $0.031 | |
Sep 30, 2010 | $0.032 | |
Aug 31, 2010 | $0.032 | |
Jul 30, 2010 | $0.034 | |
Jun 30, 2010 | $0.034 | |
May 28, 2010 | $0.035 | |
Apr 30, 2010 | $0.034 | |
Mar 31, 2010 | $0.034 | |
Feb 26, 2010 | $0.031 | |
Jan 29, 2010 | $0.034 | |
Dec 31, 2009 | $0.034 | |
Nov 30, 2009 | $0.033 | |
Oct 30, 2009 | $0.033 | |
Sep 30, 2009 | $0.032 | |
Aug 31, 2009 | $0.033 | |
Jul 31, 2009 | $0.033 | |
Jun 30, 2009 | $0.032 | |
May 29, 2009 | $0.034 | |
Apr 30, 2009 | $0.033 | |
Mar 31, 2009 | $0.033 | |
Feb 27, 2009 | $0.030 | |
Jan 30, 2009 | $0.034 | |
Dec 31, 2008 | $0.035 | |
Nov 28, 2008 | $0.035 | |
Oct 31, 2008 | $0.038 | |
Sep 30, 2008 | $0.035 | |
Aug 29, 2008 | $0.034 | |
Jul 31, 2008 | $0.031 | |
Jun 30, 2008 | $0.032 | |
May 30, 2008 | $0.033 | |
Apr 30, 2008 | $0.033 | |
Mar 31, 2008 | $0.035 | |
Feb 29, 2008 | $0.032 | |
Jan 31, 2008 | $0.035 | |
Dec 31, 2007 | $0.034 | |
Nov 30, 2007 | $0.033 | |
Oct 31, 2007 | $0.034 | |
Sep 28, 2007 | $0.033 | |
Aug 31, 2007 | $0.034 | |
Jul 31, 2007 | $0.034 | |
Jun 29, 2007 | $0.033 | |
May 31, 2007 | $0.034 | |
Apr 30, 2007 | $0.033 | |
Mar 30, 2007 | $0.035 | |
Feb 28, 2007 | $0.032 | |
Jan 31, 2007 | $0.036 | |
Dec 29, 2006 | $0.035 | |
Nov 30, 2006 | $0.034 | |
Oct 31, 2006 | $0.046 |
MBNLX - Fund Manager Analysis
Managers
Walter O'Connor
Start Date
Tenure
Tenure Rank
Dec 31, 1996
20.93
20.9%
O’Connor, CFA, 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.
Michael Kalinoski
Start Date
Tenure
Tenure Rank
Dec 02, 2016
0.99
1.0%
Kalinoski, director at BlackRock, joined BlackRock following the merger with Merrill Lynch Investment Managers(MLIM) in 2006. Prior to joining MLIM in 1999, he was with Strong Capital Management. Kalinoski holds the Chartered Financial Analyst designation.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.0 | 39.77 | 7.57 | 4.32 |