BlackRock National Municipal Fund Investor A Shares (MDNLX)

Net Asset Value
1 Day
Overall Morningstar Rating
Muni national interm
Style or Category
Sales Expenses
Expense Ratio
Morningstar Risk Rating™
Investment Objective 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 usually invest in municipal bonds that have a maturity of five years or longer.


1 month-0.70% 3 years+2.25%
3 months-0.20% 5 years+2.60%
1 year+3.10% Since inception+5.18%
Data through --

Peer Comparisonvs. Muni national interm

Performance 5-yr return+2.60%+2.35%
Expense ratio0.79%0.78%
Risk 5 year sharpe ratio0.670.51
Net assets$8.7B$2.0B
Average market cap--$376.7M
Average P/E----
Portfolio turnover83%83%

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Fund Management and Purchase Info

Fund familyBlackRock
Fund manager & tenureWalter O'Connor / 21 Years
Minimal initial investment$1,000.00
Minimum IRA investment$100.00


Fixed income95.42%
U.S. stock0.00%
International stock0.00%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
-- 1.55%
-- 1.40%
-- 1.39%
-- 1.25%
-- 1.15%
-- 1.08%
-- 1.05%
-- 1.04%
-- 0.97%
-- 0.95%