XMENX: BlackRock MuniEnhanced

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XMENX BlackRock MuniEnhanced


Profile

XMENX - Profile

Vitals

  • YTD Return 3.8%
  • 3 Yr Annualized Return 2.4%
  • 5 Yr Annualized Return 0.3%
  • Net Assets $371 M
  • Holdings in Top 10 58.5%

52 WEEK LOW AND HIGH

$12.60
$11.43
$12.60

Expenses

OPERATING RELATED FEES

  • Expense Ratio 2.52%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 22.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) N/A
  • IRA N/A

Fund Classification


Distributions

  • YTD Total Return 3.8%
  • 3 Yr Annualized Total Return 2.4%
  • 5 Yr Annualized Total Return 0.3%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 4.68%
DIVIDENDS
  • Dividend Yield 0.7%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    BlackRock MuniEnhanced Fund, Inc.
  • Fund Family Name
    BlackRock
  • Inception Date
    Mar 02, 1989
  • Shares Outstanding
    29681476
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Michael Kalinoski

Fund Description

N/A


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Categories

Fund Company Quick Screens

XMENX - Fund Company Quick Screens


Performance

XMENX - Performance

Return Ranking - Trailing

Period XMENX Return Category Return Low Category Return High Rank in Category (%)
YTD 3.8% -1.5% 8.9% 0.72%
1 Yr 10.3% -2.3% 23.6% 3.31%
3 Yr 2.4%* -2.8% 5.8% 9.26%
5 Yr 0.3%* -2.7% 12.4% 50.97%
10 Yr 1.6%* -5.1% 3.9% 5.77%

* Annualized

Return Ranking - Calendar

Period XMENX Return Category Return Low Category Return High Rank in Category (%)
2019 7.1% -1.7% 18.3% 8.93%
2018 -5.3% -11.7% 4.6% 93.11%
2017 1.7% -4.4% 8.3% 28.63%
2016 -4.5% -7.8% 7.7% 97.35%
2015 -0.8% -18.3% 3.0% 45.38%

Total Return Ranking - Trailing

Period XMENX Return Category Return Low Category Return High Rank in Category (%)
YTD 3.8% -1.5% 8.9% 0.72%
1 Yr 10.3% -2.3% 23.6% 3.35%
3 Yr 2.4%* -2.8% 7.9% 18.52%
5 Yr 0.3%* -2.7% 12.4% 60.54%
10 Yr 1.6%* -1.4% 7.1% 20.34%

* Annualized

Total Return Ranking - Calendar

Period XMENX Return Category Return Low Category Return High Rank in Category (%)
2019 7.1% -1.7% 18.3% 9.26%
2018 -5.3% -11.7% 6.5% 94.97%
2017 1.7% -4.4% 10.4% 39.38%
2016 -4.5% -7.8% 10.7% 97.62%
2015 -0.8% -12.6% 4.2% 52.67%

NAV & Total Return History


Holdings

XMENX - Holdings

Concentration Analysis

XMENX Category Low Category High XMENX % Rank
Net Assets 371 M 690 K 259 B 62.30%
Number of Holdings 370 1 17668 41.06%
Net Assets in Top 10 -71.1 M -216 M 21.4 B 99.36%
Weighting of Top 10 58.48% 2.5% 100.0% 8.48%

Top 10 Holdings

  1. BLACKROCK MUNIENHANCED FD INC 0.33% 38.96%
  2. SAN MATEO CNTY CALIF CMNTY COLLEGE DIST 0% 2.82%
  3. KANE MC HENRY COOK & DE KALB CNTYS ILL CMNTY UNIT SCH DIST NO 300 5.25% 2.82%
  4. GEORGIA MUN ELEC AUTH PWR REV 7% 2.63%
  5. PENNSYLVANIA ECONOMIC DEV FING AUTH REV 5% 2.27%
  6. SOUTH CAROLINA ST PUB SVCS AUTH REV 5.5% 1.93%
  7. PUERTO RICO SALES TAX FING CORP SALES TAX REV 4.33% 1.82%
  8. METROPOLITAN PIER & EXPOSITION AUTH ILL DEDICATED ST TAX REV 0% 1.77%
  9. NEW JERSEY ECONOMIC DEV AUTH REV 5.5% 1.76%
  10. OHIO ST TPK COMMN TPK REV 0% 1.70%

Asset Allocation

Weighting Return Low Return High XMENX % Rank
Bonds
99.85% 80.02% 159.74% 19.10%
Cash
0.14% -59.74% 19.63% 78.04%
Stocks
0.00% -0.98% 25.43% 93.78%
Preferred Stocks
0.00% 0.00% 7.43% 95.49%
Other
0.00% -8.60% 31.85% 91.45%
Convertible Bonds
0.00% 0.00% 7.23% 97.68%

Bond Sector Breakdown

Weighting Return Low Return High XMENX % Rank
Municipal
99.90% 0.00% 100.11% 10.94%
Cash & Equivalents
0.10% -29.57% 21.18% 86.66%
Derivative
0.00% -0.83% 22.35% 95.42%
Securitized
0.00% 0.00% 98.40% 97.89%
Corporate
0.00% 0.00% 99.62% 98.21%
Government
0.00% -2.21% 122.41% 97.89%

Bond Geographic Breakdown

Weighting Return Low Return High XMENX % Rank
US
96.29% 58.28% 156.78% 36.59%
Non US
3.56% -12.34% 26.76% 49.71%

Expenses

XMENX - Expenses

Operational Fees

XMENX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 2.52% 0.01% 38.00% 2.10%
Management Fee 0.50% 0.00% 1.10% 90.09%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.00% 0.50% N/A

Sales Fees

XMENX 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% N/A

Trading Fees

XMENX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.50% 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.

XMENX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 22.00% 0.00% 489.00% 31.52%

Distributions

XMENX - Distributions

Dividend Yield Analysis

XMENX Category Low Category High XMENX % Rank
Dividend Yield 0.73% 0.00% 3.18% 20.28%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

XMENX Category Low Category High XMENX % Rank
Net Income Ratio 4.68% 0.00% 6.30% 0.80%

Capital Gain Distribution Analysis

XMENX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Semi-Annually Semi-Annually

Dividend Payout History

View More +

Fund Manager Analysis

XMENX - Fund Manager Analysis

Managers

Michael Kalinoski


Start Date

Tenure

Tenure Rank

Jan 31, 2000

20.01

20.0%

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

Walter O'Connor


Start Date

Tenure

Tenure Rank

Oct 01, 2006

13.34

13.3%

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.

Theodore Jaeckel


Start Date

Tenure

Tenure Rank

Oct 01, 2006

13.34

13.3%

Jaeckel Jr. is managing director at BlackRock. He joined BlackRock following the merger with Merrill Lynch Investment Managers (MLIM) in 2006. He is a member of BlackRock's Fixed Income Portfolio Management Group. Prior to joining MLIM in 1990, he was a municipal bond trader with Chemical Bank. Jaeckel holds the Chartered Financial Analyst designation.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.02 33.19 7.42 0.08