BlackRock National Municipal Fund

Scorecard
3 / 5 Stars
Lipper
4 4 2 5 5
Zacks Investment Research
1 (Strong Buy)
Standard & Poor's
3 / 5 Stars
TheStreet.com
A (Buy)

U.S. News evaluated 59 Muni National Long 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 -1.29 percent over the past year, 6.37 percent over the past three years, 6.34 percent over the past five years, and 3.90 percent over the past decade.

Trailing Returns Updated 02.28.2014
Year to date 3.6%
1 Year -1.3%
3 Years (Annualized) 6.4%
5 Years (Annualized) 6.3%
10 Years (Annualized) 3.9%

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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 typically invests at least 80% of assets in municipal bonds. Although the fund intends to invest at least 65% of 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 usually invests in municipal bonds that have a maturity of five years or longer.

Fees

Fees are Above Average compared to funds in the same category.
BlackRock National Municipal Fund has an expense ratio of 1.28 percent.

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Risk

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

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