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Trending ETFs

Name

As of

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

-

$8.29 B

-

1.34%

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

N/A
N/A
N/A

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 of

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

-

$8.29 B

-

1.34%

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%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    BlackRock National Municipal Fund
  • Fund Family Name
    BlackRock
  • Inception Date
    Oct 21, 1988
  • Shares Outstanding
    N/A
  • Share Class
    B
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Walter 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

  1. Texas St For Previous Issues S Trans 4% 3.72%
  2. Univ Calif Revs For Prev Ltd Proj 5% 1.51%
  3. Massachusetts St Go Bds 5.25% 1.33%
  4. California St Go Bds 6.5% 1.13%
  5. Black Belt Engy Gas Dist 4% 1.12%
  6. Pennsylvania St Tpk Commn Tpk Rev 5.25% 1.12%
  7. California St Go Bds 6% 1.08%
  8. Alabama Spl Care Facs Fing Aut Rev Bd 5% 1.02%
  9. Washington D C Met Area Tran A Gross 5% 1.02%
  10. 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

View More +

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