BlackRock Pennsylvania Municipal Bond Fund Institutional Shares (MAPYX)

Fund Assets	292.58M
Expense Ratio	0.59%
Min. Investment	$2,000,000
Turnover	28.00%
Dividend (ttm)	0.38
Dividend Yield	3.94%
Dividend Growth	5.28%
Payout Frequency	Monthly
Ex-Dividend Date	Jul 31, 2026

Previous Close	9.68
YTD Return	0.55%
1-Year Return	6.82%
5-Year Return	1.77%
52-Week Low	9.43
52-Week High	9.99
Beta (5Y)	0.32
Holdings	152
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.

• Fund Family: BlackRock
• Category: Muni Pennsylvania
• Performance Rating: Above Average
• Risk Rating: High
• Stock Exchange: NASDAQ
• Ticker Symbol: MAPYX
• Index: S&P Municipal Bond TR USD

Performance

MAPYX had a total return of 6.82% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.54%.

Dividend History

Ex-Dividend	Amount	Pay Date
Jul 31, 2026	$0.03269	Jul 31, 2026
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

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Aug 27, 2026

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