BlackRock Pennsylvania Municipal Bond Fund Institutional Shares (MAPYX)
| Fund Assets | 303.18M |
| Expense Ratio | 0.59% |
| Min. Investment | $2,000,000 |
| Turnover | 35.00% |
| Dividend (ttm) | 0.38 |
| Dividend Yield | 3.82% |
| Dividend Growth | 5.44% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 30, 2026 |
| Previous Close | 9.88 |
| YTD Return | 2.29% |
| 1-Year Return | 8.32% |
| 5-Year Return | 3.27% |
| 52-Week Low | 9.34 |
| 52-Week High | 9.99 |
| Beta (5Y) | 0.32 |
| Holdings | 146 |
| Inception Date | Aug 31, 1990 |
About MAPYX
BlackRock Pennsylvania Municipal Bond Fund Institutional Shares is a fixed income mutual fund designed to provide investors with access to high-quality municipal bonds issued primarily within the state of Pennsylvania. Its primary objective is to deliver federally and Pennsylvania state tax-exempt income by investing at least 80% of its assets in Pennsylvania municipal debt securities, including a blend of long-, intermediate-, and short-duration bonds. This tax-efficient structure makes the fund particularly appealing to Pennsylvania residents seeking to minimize their tax burden while preserving capital. Managed by a team of experienced professionals, the fund emphasizes rigorous credit research and active portfolio management to seek attractive, risk-adjusted returns. It holds a diversified portfolio of municipal issuers and structures its holdings to maintain a balance between quality and yield. As of mid-2025, the fund manages assets totaling over $310 million, with an effective duration of about 9.5 years and a 30-day SEC yield exceeding 4%. Rated by Morningstar in the Muni Pennsylvania category, the fund plays an important role in serving investors who prioritize income and tax efficiency in their portfolios, while also supporting the financing needs of local infrastructure and public projects throughout Pennsylvania.
Performance
MAPYX had a total return of 8.32% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.61%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 30, 2026 | $0.03233 | Jun 30, 2026 |
| May 29, 2026 | $0.03183 | May 29, 2026 |
| Apr 30, 2026 | $0.03245 | Apr 30, 2026 |
| Mar 31, 2026 | $0.032 | Mar 31, 2026 |
| Feb 27, 2026 | $0.03243 | Feb 27, 2026 |
| Jan 30, 2026 | $0.03223 | Jan 30, 2026 |