BlackRock High Yield Municipal Fund

Scorecard
4 / 5 Stars
Lipper
5 5 1 2 1
Zacks Investment Research
4 (Sell)
Standard & Poor's
3 / 5 Stars
TheStreet.com
C+ (Hold)

U.S. News evaluated 41 High Yield Muni Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.

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Performance

The fund has returned -4.35 percent over the past year, 8.15 percent over the past three years, and 11.10 percent over the past five years.

Trailing Returns Updated 02.28.2014
Year to date 5.4%
1 Year -4.4%
3 Years (Annualized) 8.2%
5 Years (Annualized) 11.1%
10 Years (Annualized) N/A

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Summary

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 normally invests at least 80% of its assets in municipal bonds. It may invest in municipal bonds rated in any rating category or in unrated municipal bonds. The fund invests at least 65% of the fund's net assets in medium- to low-quality bonds as rated by at least one independent rating agency. It may also invest up to 10% of its assets in municipal bonds that are distressed securities.

Fees

Fees are Above Average compared to funds in the same category.
BlackRock High Yield Municipal Fund has an expense ratio of 0.66 percent.

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Risk

Risk is Above Average compared to funds in the same category according to Morningstar.

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