Home Contact
Login   |  Tell a Friend
Financial Optimization through Technology Innovation
mutual fund
 Top Fund Managers
Latest Mutual Fund News Latest Mutual Fund News

Financial Advisor Sponsor:Christine F. Heim, Managing Director


 Bookmark this site!
Follow FundMojo on Twitter
Get Fund Information

Get Stock News

(Enter Stock Symbol)

Partner Sites

Annuities
Wall Street Journal
eHealthInsurance
Fund Mojo on Facebook
Fund Mojo help you discover the best fund managers, funds, and related information

Fund Intelligence | Best Managers | MCNKX Insights | MCNKX Score | MCNKX Performance | MCNKX Manager | MCNKX News | MCNKX Allocation | MCNKX Holdings Change

Mutual Fund Insights: BlackRock NY Municipal Bond C1 Fund (MCNKX)

In-depth Analysis of BlackRock NY Municipal Bond C1 Fund (MCNKX)

Mutual fund chart: BlackRock NY Municipal Bond C1 Fund (MCNKX)

3 months
6 months
1 year
3 year
5 year

See BlackRock NY Municipal Bond C1 Fund (MCNKX) performance details as of February 28, 2010

  

    Last Trade: $10.51 on 3/19/2010, Change: 0.00 (0%)

  

Fund Manager - Timothy T. Browse

Fund Manager Tenure: 3.2 years
Fundmojo Fund Grade: C (Score: 0.5)     (What does this score mean?)

  

What we like about BlackRock NY Municipal Bond C1 Fund (MCNKX) What we like about BlackRock NY Municipal Bond C1 Fund (MCNKX)

Data for BlackRock NY Municipal Bond C1 Fund (MCNKX) as of February 28, 2010

  • BlackRock NY Municipal Bond C1 Fund (MCNKX) management has been with BlackRock NY Municipal Bond C1 Fund for 3.2 years
  • BlackRock NY Municipal Bond C1 Fund (MCNKX) has good short-term performance (1-year return 14.61% vs 13.25 % Muni New York Long category average)
  • BlackRock NY Municipal Bond C1 Fund (MCNKX) ratio of up-years vs down years is greater than 2
  • BlackRock NY Municipal Bond C1 Fund (MCNKX) is less volatile than its peers as it has a 3-year Standard Deviation of 7.36, lower than category average of 7.66

  

What we are cautious about BlackRock NY Municipal Bond C1 Fund (MCNKX) What we are cautious about BlackRock NY Municipal Bond C1 Fund (MCNKX)

Data for BlackRock NY Municipal Bond C1 Fund (MCNKX) as of February 28, 2010

  • BlackRock NY Municipal Bond C1 Fund (MCNKX) has a less-than-ideal mid-term performance (3-year return 2.11% vs 2.93 % Muni New York Long category average)
  • BlackRock NY Municipal Bond C1 Fund (MCNKX) has a less-than-ideal Long-term performance (5-year return 3.01% vs 3.44 % Muni New York Long category average)
  • BlackRock NY Municipal Bond C1 Fund (MCNKX) has a Morningstar rating of 3 and below
  • BlackRock NY Municipal Bond C1 Fund (MCNKX) is less safe compared to its Muni New York Long peers
  • BlackRock NY Municipal Bond C1 Fund (MCNKX) has an annual stock turnover rate of 30.00% that is higher than the Muni New York Long average of 26.62%. This could mean BlackRock NY Municipal Bond C1 is more nimble, but also signal potential high tax impact and high trading fees
  • BlackRock NY Municipal Bond C1 Fund (MCNKX) does not have a good risk adjusted return as its 3-year Alpha of -2.62 is worse than category average of -1.92, and its 3-year Sharpe ratio is 0.07
  • BlackRock NY Municipal Bond C1 Fund (MCNKX) has a higher management fee of 1.36% than its Muni New York Long average of 1.07%
  • BlackRock NY Municipal Bond C1 Fund (MCNKX) carries a 1% load
See BlackRock NY Municipal Bond C1 Fund (MCNKX) performance details as of February 28, 2010

  

  

Interested in other top mutual funds in similar Muni New York Long category?

Below are some additional Muni New York Long mutual funds generated out of our database

  

BlackRock NY Municipal Bond C1 Fund (MCNKX) Net Asset

Track net asset change of BlackRock NY Municipal Bond C1 fund (MCNKX)

DateNet Asset
02/2010$259.39M
01/2010$12.46M
11/2009$12.50M
More historic net asset information on BlackRock NY Municipal Bond C1 Fund (MCNKX)

  

BlackRock NY Municipal Bond C1 Fund (MCNKX) Portfolio Allocation

Track portfolio allocation change of BlackRock NY Municipal Bond C1 fund (MCNKX)

DateCashStockBondOther
09/20094.01%0%95.99%0%
06/20091.65%0%98.35%0%
03/20092.92%0%97.08%0%
Click here to see more historic asset allocation information on BlackRock NY Municipal Bond C1 Fund (MCNKX)

  

Most Recent Top 10 Holdings in BlackRock NY Municipal Bond C1 Fund (MCNKX)

Discover what BlackRock NY Municipal Bond C1 Fund (MCNKX) manager is buying

30-Sep-09
Suffolk Cnty N Y Indl Dev Agy Rev 6.25% [3.04%]
Westchester Cnty N Y Indl Dev Mtg R 6.5% [2.35%]
Port Auth 6.25% [2.13%]
New York N Y City Indl Dev Agy Re 6.375% [2.03%]
Puerto Rico Comwlth G O Pub I 5.75% [1.97%]
New York Convention Ctr Dev Co Rev Bd 5% [1.93%]
Liberty N Y Dev Corp Rev Rev Bds 5.25% [1.89%]
Virgin Islands Govt Refinery F Sr S 6.5% [1.79%]
Erie Cnty N Y Tob Asset Securi Tob 6.25% [1.64%]
Puerto Rico Comwlth G O Pub I 5.75% [1.64%]

30-Jun-09
SUFFOLK CNTY N Y INDL DEV AGY REV BDS [3.26%]
Westchester Cnty N Y Indl Dev Mtg R 6.5% [2.57%]
Port Auth 6.25% [2.33%]
Puerto Rico Comwlth G O Pub I 5.75% [2.2%]
New York N Y City Indl Dev Agy Re 6.375% [1.96%]
NEW YORK CONVENTION CTR DEV CO REV BDS [1.92%]
Virgin Islands Govt Refinery F Sr S 6.5% [1.9%]
Erie Cnty N Y Tob Asset Securi Tob 6.25% [1.83%]
Puerto Rico Comwlth G O Pub I 5.75% [1.83%]
Triborough Brdg & Tunl Auth 5.25% [1.72%]

31-Mar-09
Suffolk Cnty N Y Indl Dev Agy Rev 6.25% [3.36%]
Westchester Cnty N Y Indl Dev Mtg R 6.5% [2.73%]
Port Auth 6.25% [2.39%]
Puerto Rico Comwlth G O Pub I 5.75% [2.32%]
New York N Y City Indl Dev Agy Re 6.375% [1.98%]
Puerto Rico Comwlth G O Pub I 5.75% [1.93%]
Erie Cnty N Y Tob Asset Securi Tob 6.25% [1.92%]
New York Convention Ctr Dev 5% [1.9%]
Triborough Brdg & Tunl Auth 5.25% [1.78%]
NEW YORK ST URBAN DEV CORP REV REF REV B [1.73%]
Click here for Stock Holding Change Map in BlackRock NY Municipal Bond C1 Fund (MCNKX)

  

Related books and products to BlackRock NY Municipal Bond C1 Fund (MCNKX)

  

Latest News on BlackRock NY Municipal Bond C1 (MCNKX)

See what is happening with BlackRock NY Municipal Bond C1 Fund (MCNKX)

 

Books and Resources

 

 

See more information on BlackRock NY Municipal Bond C1 Fund (MCNKX)