MCNLX : BlackRock National Municipal Fund Investor C1 Shares

MCNLX is a Bond Market Municipal Bond with HIGH fees.

MCNLX

BlackRock National Municipal Fund Investor C1 Shares

FI Score

52 /100

Expense Ratio Rating

2 /10

Expense Rating

0 /10

Market Score

10 /10

Category Score

8 /10

Market Size

10 /10

52% FI Score
  • mcnlx
  • Mutual Fund
  • Bond
  • Municipal Bond

BlackRock National Municipal Fund Investor C1 Shares

Expenses: 1.28% (Better than 0% of similar funds)

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

Fund Summary

The investment seeks to provide shareholders with as high a level of income exempt from Federal income taxes as is consistent with the investment policies of the fund. The fund seeks to achieve its objective by investing at least 80% of its assets in municipal bonds. Although the advisor intends to invest at least 65% of the fund's net assets in municipal bonds rated investment grade or in unrated municipal bonds that fund management believes are of comparable quality, it is possible that in the future the fund could invest up to 100% of its assets in "junk bonds." It will primarily invest in municipal bonds that have a maturity of five years or longer.

Largest Holdings

Amount Holding
3.62% TEXAS ST 4%
2.31% iShares National Muni Bond ETF
2.00% BLACK BELT ENERGY GAS DIST ALA GAS PREPAY REV 4%
1.87% SOUTHEAST ALA GAS SUPPLY DIST GAS SUPPLY REV 4%
1.52% METROPOLITAN TRANSN AUTH N Y REV 4%
1.48% PEFA INC IOWA GAS PROJ REV 5%
1.47% METROPOLITAN TRANSN AUTH N Y REV 4%
1.18% PATRIOTS ENERGY GROUP FING AGY S C GAS SUPPLY REV 4%
1.12% FLORIDA ST BRD ED PUB ED 5%
0.93% SUFFOLK CNTY N Y 2.5%

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