BlackRock National Municipal Fund Investor A (MDNLX)
9.99
0.00 (0.00%)
USD |
Dec 04 2025
Returns Chart
Key Stats
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 0.68% | 5.870B | -- | 46.00% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| -1.649B | 1.14% | Upgrade | Upgrade |
Basic Info
| Investment Strategy | |
| The Fund seeks a high level of income exempt from federal income taxes as is consistent with the investment policies of the Fund. The Fund invests, under normal circumstances, at least 80% of its assets in municipal bonds and the Fund will usually invest in municipal bonds that have a maturity of five years or more. |
| General | |
| Security Type | Mutual Fund |
| Broad Asset Class | Municipal Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond USD Municipal |
| Peer Group | General & Insured Municipal Debt Funds |
| Global Macro | Bond HC |
| US Macro | National Municipal Debt Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | General & Insured Municipal Debt Funds |
| Fund Owner Firm Name | BlackRock |
| Broad Asset Class Benchmark Index | |
| ^BBMBTR | 100.0% |
Net Fund Flows Versus Peer Group
1 Month
% Rank:
98
-95.69M
Peer Group Low
532.09M
Peer Group High
1 Year
% Rank:
100
-1.649B
-1.649B
Peer Group Low
5.560B
Peer Group High
3 Months
% Rank:
98
-280.38M
Peer Group Low
2.197B
Peer Group High
3 Years
% Rank:
100
-4.975B
Peer Group Low
18.10B
Peer Group High
6 Months
% Rank:
98
-650.32M
Peer Group Low
5.019B
Peer Group High
5 Years
% Rank:
100
-7.233B
Peer Group Low
34.74B
Peer Group High
YTD
% Rank:
100
-1.463B
Peer Group Low
5.771B
Peer Group High
10 Years
% Rank:
91
-7.036B
Peer Group Low
44.60B
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of December 05, 2025.
Asset Allocation
As of May 31, 2025.
| Type | % Net |
|---|---|
| Cash | -1.88% |
| Stock | 0.00% |
| Bond | 101.7% |
| Convertible | 0.00% |
| Preferred | 0.15% |
| Other | 0.00% |
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
| BlackRock Liquidity MuniCash Inst | 2.95% | 1.000 | 0.00% |
| SOUTHEAST ENERGY AUTH COMMODITY SUPPLY REV ALA AL 4.000 11/01/2051 | 1.71% | 101.49 | -0.00% |
| SAN FRANCISCO CALIF CITY & CNTY PUB UTILS COMMN WASTEWATER REV CA 1.000 10/01/2026 | 1.65% | -- | -- |
| ENERGY SOUTHEAST ALA COOP DIST ENERGY SUPPLY REV AL 5.500 11/01/2053 | 1.62% | 109.50 | -0.14% |
| MAIN STR NAT GAS INC GA GAS SUPPLY REV GA 5.000 09/01/2053 | 1.59% | 106.66 | -0.00% |
| PATRIOTS ENERGY GROUP FING AGY S C GAS SUPPLY REV SC 5.250 02/01/2054 | 1.55% | 109.05 | -0.00% |
| Vanguard Tax-Exempt Bond Index Fund ETF | 1.28% | 50.21 | -0.02% |
|
BLACK BELT ENERGY GAS DISTRICT 5% 01-DEC-2055
|
1.19% | -- | -- |
| MICHIGAN FIN AUTH REV MI 5.000 11/15/2041 | 1.05% | 101.04 | -0.00% |
| TOBACCO SETTLEMENT FING CORP N J NJ 5.250 06/01/2046 | 1.05% | 100.17 | 0.00% |
Fees & Availability
| Fees | |
| Actual 12B-1 Fee | 0.25% |
| Actual Management Fee | 0.34% |
| Administration Fee | -- |
| Maximum Front Load | 4.25% |
| Maximum Deferred Load | -- |
| Maximum Redemption Fee | -- |
| General Availability | |
| Available for Insurance Product | -- |
| Available for RRSP | -- |
| Purchase Details | |
| Open to New Investors |
|
| Minimum Initial Investment | 1000.00 None |
| Minimum Subsequent Investment | 50.00 None |
Basic Info
| Investment Strategy | |
| The Fund seeks a high level of income exempt from federal income taxes as is consistent with the investment policies of the Fund. The Fund invests, under normal circumstances, at least 80% of its assets in municipal bonds and the Fund will usually invest in municipal bonds that have a maturity of five years or more. |
| General | |
| Security Type | Mutual Fund |
| Broad Asset Class | Municipal Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond USD Municipal |
| Peer Group | General & Insured Municipal Debt Funds |
| Global Macro | Bond HC |
| US Macro | National Municipal Debt Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | General & Insured Municipal Debt Funds |
| Fund Owner Firm Name | BlackRock |
| Broad Asset Class Benchmark Index | |
| ^BBMBTR | 100.0% |
Fundamentals
| General | |
| Distribution Yield | -- |
| Dividend Yield TTM (12-3-25) | 3.50% |
| 30-Day SEC Yield (10-31-25) | 3.22% |
| 7-Day SEC Yield | -- |
| Number of Holdings | 10 |
| Bond | |
| Yield to Maturity (5-31-25) | 4.54% |
| Effective Duration | 6.86 |
| Average Coupon | 5.08% |
| Calculated Average Quality | 2.388 |
| Effective Maturity | 20.23 |
| Nominal Maturity | 20.42 |
| Number of Bond Holdings | 8 |
As of May 31, 2025
Fund Details
Top Portfolio Holders
| Name | % Weight |
|---|---|
| Portfolio A | 5.00% |
| Portfolio B | 3.50% |
| Portfolio C | 2.25% |
Excel Add-In Codes
| Name: =YCI("M:MDNLX", "name") |
| Broad Asset Class: =YCI("M:MDNLX", "broad_asset_class") |
| Broad Category: =YCI("M:MDNLX", "broad_category_group") |
| Prospectus Objective: =YCI("M:MDNLX", "prospectus_objective") |
| To find the codes for any of our securities and financial metrics, see our Complete Excel Reference. |