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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

-

$13.4 B

0.00%

1.32%

Vitals

YTD Return

2.1%

1 yr return

5.5%

3 Yr Avg Return

2.0%

5 Yr Avg Return

0.7%

Net Assets

$13.4 B

Holdings in Top 10

17.5%

52 WEEK LOW AND HIGH

N/A
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.32%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 77.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$0

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

-

$13.4 B

0.00%

1.32%

MCNLX - Profile

Distributions

  • YTD Total Return 2.1%
  • 3 Yr Annualized Total Return 2.0%
  • 5 Yr Annualized Total Return 0.7%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 2.36%
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, 1994
  • Shares Outstanding
    N/A
  • Share Class
    C
  • Currency
    USD
  • Domiciled Country
    United States

Fund Description


MCNLX - Performance

Return Ranking - Trailing

Period MCNLX Return Category Return Low Category Return High Rank in Category (%)
YTD 2.1% -31.9% 954.9% 47.06%
1 Yr 5.5% -27.2% 945.1% 11.68%
3 Yr 2.0%* -18.4% 120.9% 25.46%
5 Yr 0.7%* -9.1% 60.6% 48.21%
10 Yr 1.2%* -5.2% 14.4% 7.09%

* Annualized

Return Ranking - Calendar

Period MCNLX Return Category Return Low Category Return High Rank in Category (%)
2023 4.4% -5.8% 20.3% 45.73%
2022 -2.5% -29.6% 4.6% 48.56%
2021 2.1% -4.4% 15.8% 19.15%
2020 -2.6% -6.1% 15.0% 77.90%
2019 0.1% -11.6% 2.6% 9.86%

Total Return Ranking - Trailing

Period MCNLX Return Category Return Low Category Return High Rank in Category (%)
YTD 2.1% -31.9% 954.9% 47.06%
1 Yr 5.5% -27.2% 945.1% 11.38%
3 Yr 2.0%* -18.4% 120.9% 30.39%
5 Yr 0.7%* -9.1% 60.6% 54.00%
10 Yr 1.2%* -5.2% 16.1% 22.82%

* Annualized

Total Return Ranking - Calendar

Period MCNLX Return Category Return Low Category Return High Rank in Category (%)
2023 4.4% -5.8% 20.3% 46.33%
2022 -2.5% -29.6% 4.6% 55.69%
2021 2.1% -4.4% 15.8% 29.02%
2020 -2.6% -6.1% 15.0% 79.83%
2019 0.1% -9.9% 3.0% 15.75%

MCNLX - Holdings

Concentration Analysis

MCNLX Category Low Category High MCNLX % Rank
Net Assets 13.4 B 619 K 88.4 B 3.56%
Number of Holdings 487 1 10083 36.86%
Net Assets in Top 10 2.34 B -170 M 26.9 B 3.99%
Weighting of Top 10 17.48% 2.6% 100.0% 61.24%

Top 10 Holdings

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

Asset Allocation

Weighting Return Low Return High MCNLX % Rank
Bonds
94.90% 78.92% 188.18% 63.53%
Cash
5.10% -83.41% 19.68% 27.63%
Stocks
0.00% -4.99% 21.62% 51.47%
Preferred Stocks
0.00% -0.17% 10.40% 56.32%
Other
0.00% -9.30% 31.94% 49.30%
Convertible Bonds
0.00% 0.00% 9.45% 71.84%

Bond Sector Breakdown

Weighting Return Low Return High MCNLX % Rank
Municipal
94.27% 0.00% 100.06% 35.70%
Cash & Equivalents
5.73% -26.49% 93.17% 29.17%
Derivative
0.00% 0.00% 39.43% 55.26%
Securitized
0.00% 0.00% 97.53% 75.44%
Corporate
0.00% 0.00% 99.00% 80.63%
Government
0.00% -2.21% 99.96% 78.28%

Bond Geographic Breakdown

Weighting Return Low Return High MCNLX % Rank
US
92.45% 49.78% 163.25% 46.04%
Non US
2.45% -12.10% 39.65% 57.95%

MCNLX - Expenses

Operational Fees

MCNLX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.32% 0.01% 34.57% 20.98%
Management Fee 0.39% 0.00% 1.60% 50.41%
12b-1 Fee 0.80% 0.00% 1.00% 77.70%
Administrative Fee N/A 0.00% 0.50% N/A

Sales Fees

MCNLX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.50% 5.75% N/A
Deferred Load N/A 0.25% 5.50% 54.55%

Trading Fees

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

MCNLX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 77.00% 0.00% 496.90% 68.66%

MCNLX - Distributions

Dividend Yield Analysis

MCNLX Category Low Category High MCNLX % Rank
Dividend Yield 0.00% 0.00% 3.89% 4.71%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

MCNLX Category Low Category High MCNLX % Rank
Net Income Ratio 2.36% -0.81% 5.05% 56.17%

Capital Gain Distribution Analysis

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

Distributions History

View More +

MCNLX - Fund Manager Analysis

Tenure Analysis

Category Low Category High Category Average Category Mode
0.04 33.3 6.93 0.17