MCNKX : BlackRock New York Municipal Opportunities Fund Investor C1 Shares

MCNKX is a Bond Market Municipal Bond with HIGH fees.

MCNKX

BlackRock New York Municipal Opportunities Fund Investor C1 Shares

FI Score

44 /100

Expense Ratio Rating

2 /10

Expense Rating

0 /10

Market Score

8 /10

Category Score

8 /10

Market Size

8 /10

44% FI Score
  • mcnkx
  • Mutual Fund
  • Bond
  • Municipal Bond

BlackRock New York Municipal Opportunities Fund Investor C1 Shares

Expenses: 1.25% (Better than 0% of similar funds)

This is a bad choice for a Municipal Bond Bond fund. See why ยป

Fund Summary

The investment seeks to provide shareholders with income exempt from Federal income tax and New York State and New York City personal income taxes. Under normal circumstances, the fund will invest at least 80% of its assets in investment grade New York municipal bonds. Municipal bonds also include short-term tax-exempt obligations, like municipal notes, variable rate demand obligations, private activity bonds and insured municipal bonds. The fund seeks to maintain an average portfolio duration of zero to ten years.

Largest Holdings

Amount Holding
1.72% HUDSON YDS INFRASTRUCTURE CORP N Y SECOND INDENTURE REV 5%
1.61% NEW YORK ST TWY AUTH GEN REV JR INDBT OBLIGS 4%
1.32% NEW YORK ST ENERGY RESH & DEV AUTH POLLUTN CTL REV 2.62%
1.30% NEW YORK N Y 5%
1.16% UTILITY DEBT SECURITIZATION AUTH N Y 5%
1.12% METROPOLITAN TRANSN AUTH N Y REV 5%
1.02% NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV 4%
1.02% TRIBOROUGH BRDG & TUNL AUTH NY REVS 5%
1.01% NEW YORK ST HSG FIN AGY REV 1.6%
1.01% NASSAU CNTY N Y 2%

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