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Trending ETFs

Name

As of 02/20/2024

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

$10.14

$11.9 B

2.26%

$0.23

1.48%

Vitals

YTD Return

-0.3%

1 yr return

4.1%

3 Yr Avg Return

-2.0%

5 Yr Avg Return

0.4%

Net Assets

$11.9 B

Holdings in Top 10

20.3%

52 WEEK LOW AND HIGH

$10.1
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.48%

SALES FEES

Front Load N/A

Deferred Load 1.00%

TRADING FEES

Turnover 42.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$1,000

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 02/20/2024

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

$10.14

$11.9 B

2.26%

$0.23

1.48%

MFNLX - Profile

Distributions

  • YTD Total Return -0.3%
  • 3 Yr Annualized Total Return -2.0%
  • 5 Yr Annualized Total Return 0.4%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.90%
DIVIDENDS
  • Dividend Yield 2.3%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Blackrock Municipal Bond Fund Inc. - BlackRock National Municipal C
  • Fund Family Name
    BlackRock
  • Inception Date
    Oct 03, 2006
  • Shares Outstanding
    N/A
  • Share Class
    Other
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Walter O'Connor

Fund Description


MFNLX - Performance

Return Ranking - Trailing

Period MFNLX Return Category Return Low Category Return High Rank in Category (%)
YTD -0.3% -2.2% 8.6% 64.48%
1 Yr 4.1% -0.6% 37.5% 79.32%
3 Yr -2.0%* -10.4% 2.7% 89.28%
5 Yr 0.4%* -4.9% 1103.5% 87.21%
10 Yr 1.5%* -0.2% 248.2% 73.09%

* Annualized

Return Ranking - Calendar

Period MFNLX Return Category Return Low Category Return High Rank in Category (%)
2023 2.7% -1.4% 41.0% 51.61%
2022 -12.7% -40.2% 0.3% 65.54%
2021 0.0% -5.6% 6.9% 27.60%
2020 2.1% -2.6% 310.0% 33.13%
2019 4.4% 0.0% 26.0% 27.62%

Total Return Ranking - Trailing

Period MFNLX Return Category Return Low Category Return High Rank in Category (%)
YTD -0.3% -2.2% 8.6% 64.48%
1 Yr 4.1% -0.6% 37.5% 79.32%
3 Yr -2.0%* -10.4% 2.7% 89.28%
5 Yr 0.4%* -4.9% 1103.5% 87.21%
10 Yr 1.5%* -0.2% 248.2% 73.09%

* Annualized

Total Return Ranking - Calendar

Period MFNLX Return Category Return Low Category Return High Rank in Category (%)
2023 5.3% -1.3% 41.0% 59.27%
2022 -11.0% -40.2% 1.1% 75.39%
2021 1.3% -4.8% 23761504.0% 55.65%
2020 3.0% -1.5% 17057.9% 74.68%
2019 6.4% 0.2% 3514.6% 54.63%

NAV & Total Return History


MFNLX - Holdings

Concentration Analysis

MFNLX Category Low Category High MFNLX % Rank
Net Assets 11.9 B 3.48 M 68.1 B 1.73%
Number of Holdings 606 2 12848 19.72%
Net Assets in Top 10 2.77 B -317 M 3.4 B 0.13%
Weighting of Top 10 20.33% 1.9% 100.4% 39.72%

Top 10 Holdings

  1. BlackRock Liquidity MuniCash Instl 10.08%
  2. TEXAS ST 4% 4.67%
  3. LOS ANGELES CALIF 4% 3.46%
  4. LOS ANGELES CALIF 4% 3.34%
  5. SOUTHEAST ALA GAS SUPPLY DIST GAS SUPPLY REV 4% 1.69%
  6. BLACK BELT ENERGY GAS DIST ALA GAS PREPAY REV 4% 1.67%
  7. CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 4% 1.56%
  8. LOS ANGELES CNTY CALIF 4% 1.04%
  9. LAKE CHARLES LA HBR & TERM DIST REV 1% 1.04%
  10. BUCKEYE OHIO TOB SETTLEMENT FING AUTH 5% 0.97%

Asset Allocation

Weighting Return Low Return High MFNLX % Rank
Bonds
90.38% 0.00% 150.86% 95.20%
Cash
9.63% -50.86% 50.09% 2.30%
Stocks
0.00% 0.00% 99.88% 33.08%
Preferred Stocks
0.00% 0.00% 0.52% 25.48%
Other
0.00% -8.54% 33.35% 35.85%
Convertible Bonds
0.00% 0.00% 0.93% 25.45%

Bond Sector Breakdown

Weighting Return Low Return High MFNLX % Rank
Municipal
89.82% 44.39% 100.00% 94.28%
Cash & Equivalents
10.18% 0.00% 48.02% 1.22%
Derivative
0.00% -8.54% 24.50% 32.07%
Securitized
0.00% 0.00% 5.93% 26.54%
Corporate
0.00% 0.00% 9.41% 39.85%
Government
0.00% 0.00% 52.02% 31.62%

Bond Geographic Breakdown

Weighting Return Low Return High MFNLX % Rank
US
86.70% 0.00% 142.23% 96.67%
Non US
3.68% 0.00% 23.89% 4.55%

MFNLX - Expenses

Operational Fees

MFNLX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.48% 0.03% 20.65% 16.69%
Management Fee 0.39% 0.00% 1.20% 36.79%
12b-1 Fee 1.00% 0.00% 1.00% 84.52%
Administrative Fee N/A 0.01% 0.44% N/A

Sales Fees

MFNLX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.50% 4.75% N/A
Deferred Load 1.00% 0.25% 5.00% 33.12%

Trading Fees

MFNLX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 1.00% 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.

MFNLX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 42.00% 0.00% 283.00% 89.18%

MFNLX - Distributions

Dividend Yield Analysis

MFNLX Category Low Category High MFNLX % Rank
Dividend Yield 2.26% 0.00% 4.63% 27.13%

Dividend Distribution Analysis

MFNLX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Monthly Monthly Monthly

Net Income Ratio Analysis

MFNLX Category Low Category High MFNLX % Rank
Net Income Ratio 0.90% -0.53% 5.33% 89.57%

Capital Gain Distribution Analysis

MFNLX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Distributions History

View More +

MFNLX - Fund Manager Analysis

Managers

Walter O'Connor


Start Date

Tenure

Tenure Rank

Dec 31, 1996

25.43

25.4%

Walter O’Connor, CFA, is a Managing Director and Co-Head of the Municipal Funds team within BlackRock’s Global Fixed Income Group. He is also a member of the Municipal Bond Operating Committee, which oversees all municipal bond portfolio management, research and trading activities. Mr. O’Connor’s service with the firm dates back to 1991, including his years with Merrill Lynch Investment Managers (MLIM), which merged with BlackRock in 2006. At MLIM, he was a portfolio manager for municipal bond retail mutual funds. Prior to joining MLIM, Mr. O’Connor was with Prudential Securities, where he was involved in trading, underwriting, and arbitrage for municipal securities and financial futures. Mr. O’Connor earned a B.A. degree in finance and philosophy from the University of Notre Dame in 1984.

Michael Kalinoski


Start Date

Tenure

Tenure Rank

Dec 02, 2016

5.5

5.5%

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. Mr. Kalinoski earned a B.S. degree in accounting from Marquette University in 1992. Kalinoski holds the Chartered Financial Analyst designation.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 35.05 7.35 1.58