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BlackRock National Municipal Inv B (MBNLX) Fund Ranking and Research

Ranking, Research and Recommendation of BlackRock National Municipal Inv B (MBNLX) Fund

    Last Trade: $ on , Change: (0%)

 

Graph of BlackRock National Municipal Inv B Fund (MBNLX) ManagerFund Manager - Walter R. OConnor

Fund Manager Information

Fund Manager Tenure: 23.6 years
Fund Family: BlackRock
Fund Category: Muni National Interm
Fund Performance: May 30, 2016
Fundmojo Fund Grade: C (Score: 0.59)     (What does this score mean?)

 

Graph of BlackRock National Municipal Inv B Fund (MBNLX) ProfileBlackRock National Municipal Inv B Fund (MBNLX) Profile

Fund Profile and Description

BlackRock National Municipal Inv B Fund seeks income exempt from federal income tax. BlackRock National Municipal Inv B Fund typically invests at least 80% of assets in municipal bonds. It usually invests in municipal bonds that have a maturity of five years or longer. It can invest up to 100% of assets in "junk bonds." BlackRock National Municipal Inv B Fund does not intend to invest more than 35% of net assets in junk bonds or in unrated bonds that fund management believes are of comparable quality.

 

BlackRock National Municipal Inv B (MBNLX) Fund Strength What we like about BlackRock National Municipal Inv B (MBNLX) Fund

Data for BlackRock National Municipal Inv B Fund (MBNLX) as of May 30, 2016

  • BlackRock National Municipal Inv B Fund (MBNLX) management has been with BlackRock National Municipal Inv B Fund for 23.6 years
  • BlackRock National Municipal Inv B Fund (MBNLX) has good mid-term performance (3-year return 3.32% vs 3.10% Muni National Interm category median performance)
  • BlackRock National Municipal Inv B Fund (MBNLX) has good Long-term performance (5-year return 5.22% vs 4.14% Muni National Interm category median performance)
  • BlackRock National Municipal Inv B Fund (MBNLX) ratio of up-years vs down years is greater than 2
  • BlackRock National Municipal Inv B Fund (MBNLX) has a Morningstar rating of 4 and above
  • Asset base in BlackRock National Municipal Inv B Fund (MBNLX) has been consistently increasing at a reasonable pace in the last 2 months. It shows investor confidence and market support

BlackRock National Municipal Inv B Fund (MBNLX) Weakness What we are cautious about BlackRock National Municipal Inv B (MBNLX) Fund

Data for BlackRock National Municipal Inv B Fund (MBNLX) as of May 30, 2016

  • BlackRock National Municipal Inv B Fund (MBNLX) has a less-than-ideal short-term performance (1-year return 4.41% vs 4.71% Muni National Interm category median performance)
  • BlackRock National Municipal Inv B Fund (MBNLX) is less safe compared to its Muni National Interm peers
  • BlackRock National Municipal Inv B Fund (MBNLX) has an annual stock turnover rate of 28.00% that is higher than the Muni National Interm average of 22.40%. This could mean BlackRock National Municipal Inv B is more nimble, but also signal potential high tax impact and high trading fees
  • BlackRock National Municipal Inv B Fund (MBNLX) is more volatile than its peers as it has a 3-year Standard Deviation of 3.64 that is higher than category average of 3.29
  • BlackRock National Municipal Inv B Fund (MBNLX) has a higher expense ratio of 1.23% than its Muni National Interm average of 0.80%
  • BlackRock National Municipal Inv B Fund (MBNLX) carries a 4% load
See BlackRock National Municipal Inv B Fund (MBNLX) performance details as of May 30, 2016

 

What do you think?

 

Compare BlackRock National Municipal Inv B Fund (MBNLX)Compare with other top Muni National Interm category mutual funds

Aadditional top Muni National Interm mutual funds for your consideration

FundYear to Date1 Year3 year5 year
BlackRock National Municipal Inv B1.884.413.325.22
Eaton Vance TABS 5 to15 Yr Lad Muni Bd I (EILTX)3.408.176.377.87Compare
USAA Tax Exempt Intermediate-Term (USATX)2.525.223.514.92Compare
Vanguard High-Yield Tax-Exempt Adm (VWALX)3.617.475.086.49Compare

See top fund managers for Muni National Interm Category Funds

 

Compare BlackRock National Municipal Inv B Fund (MBNLX)Compare with Muni National Interm category ETFs

Some Muni National Interm ETFs for your consideration

ETFYear to DateOne YearThree Year
Market Vectors Intermediate Muni ETF (ITM)2.55%7.15%4.62%
iShares National AMT-Free Muni Bond (MUB)2.19%5.72%4.01%
PIMCO Intermediate Municipal Bd Actv ETF (MUNI)1.61%4.98%2.60%
Columbia Intermediate Municipal Bond ETF (GMMB)000

 

Graph of BlackRock National Municipal Inv B Fund (MBNLX) Net Asset TrackingBlackRock National Municipal Inv B (MBNLX) Fund Net Asset

Track net asset change of BlackRock National Municipal Inv B fund (MBNLX)

DateNet Asset
05/2016$6.86B
03/2016$6.41B
02/2016$6.34B
More historic net asset information on BlackRock National Municipal Inv B Fund (MBNLX)

  

Graph of BlackRock National Municipal Inv B Fund (MBNLX) Portfolio TrackingBlackRock National Municipal Inv B (MBNLX) Fund Portfolio Allocation

Track portfolio allocation change of BlackRock National Municipal Inv B fund (MBNLX)

DateCashStockBondOther
04/201614.21%0%85.79%0%
02/20166.74%0%93.26%0%
01/20169.33%0%90.67%0%
Click here to see more historic asset allocation information on BlackRock National Municipal Inv B Fund (MBNLX)

 

graph of BlackRock National Municipal Inv B Fund (MBNLX) Top 10 Position TrackingTop 10 Holdings in BlackRock National Municipal Inv B (MBNLX) Fund

Discover what BlackRock National Municipal Inv B Fund (MBNLX) manager is buying

Apr 29, 2016
Massachusetts St Health & Edl Rev B 5.5% [1.46%]
Alabama Spl Care Facs Fing Aut Rev Bd 5% [1.31%]
Port Auth 6% [1.21%]
Metropolitan Pier & Exposition Bds 5.25% [1.21%]
Golden St Tob Securitization C Tob 5.75% [1.2%]
Utah Cnty Utah Hosp Rev Rev Bds 5% [1.19%]
District Columbia Wtr & Swr Au Pub 5.25% [1.14%]
Metropolitan Transn Auth 5.25% [1.07%]
Florida St Brd Ed Pub Ed Cap Outla 5% [1.04%]
Ysleta Tex Indpt Sch Dist 5% [1%]

Feb 28, 2016
Massachusetts St Health & Edl Rev B 5.5% [1.54%]
Texas St Go Mobili 5% [1.52%]
Metropolitan Transn Auth 5.25% [1.46%]
Port Auth 6% [1.33%]
Metropolitan Pier & Exposition Bds 5.25% [1.27%]
Utah Cnty Utah Hosp Rev Rev Bds 5% [1.24%]
District Columbia Wtr & Swr Au Pub 5.25% [1.22%]
Golden St Tob Securitization C Tob 5.75% [1.11%]
Florida St Brd Ed Pub Ed Cap Outla 5% [1.11%]
Ysleta Tex Indpt Sch Dist 5% [1.04%]

Jan 30, 2016
Texas St Go Mobili 5% [1.98%]
Massachusetts St Health & Edl Rev B 5.5% [1.57%]
Port Auth 6% [1.35%]
Utah Cnty Utah Hosp Rev Rev Bds 5% [1.26%]
New Jersey St Tpk Auth 5% [1.2%]
Golden St Tob Securitization C Tob 5.75% [1.2%]
Metropolitan Pier & Exposition Bds 5.25% [1.15%]
Florida St Brd Ed Pub Ed Cap Outla 5% [1.12%]
Central Puget Sound Wash Regl Ref Bds 5% [1.07%]
Ysleta Tex Indpt Sch Dist 5% [1.06%]
Click here for Stock Holding Change Map in BlackRock National Municipal Inv B Fund (MBNLX)

  

Latest News on BlackRock National Municipal Inv B (MBNLX) Fund

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BlackRock National Municipal Inv B Fund (MBNLX) Related ResourcesSee more information on BlackRock National Municipal Inv B (MBNLX) Fund

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