BlackRock National Municipal Fund Investor C Shares (MFNLX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD

9.83

0.00 (0.00%)

At close: Aug 25, 2026

0.41% (1Y)

Fund Assets	5.70B
Expense Ratio	1.47%
Min. Investment	$1,000
Turnover	46.00%
Dividend (ttm)	0.29
Dividend Yield	2.90%
Dividend Growth	8.28%
Payout Frequency	Monthly
Ex-Dividend Date	Jul 31, 2026

Previous Close	9.83
YTD Return	-0.06%
1-Year Return	3.31%
5-Year Return	-3.25%
52-Week Low	9.79
52-Week High	10.15
Beta (5Y)	0.09
Holdings	516
Inception Date	Nov 2, 1979

About MFNLX

BlackRock National Municipal Fund Investor C Shares is an open-end municipal bond mutual fund focused on generating federally tax-exempt income. It primarily invests in a diversified portfolio of U.S. municipal bonds, with a policy to keep at least 80% of assets in municipals and a stated intent to hold a majority in investment‑grade issues, while retaining flexibility to allocate to lower-rated debt when warranted by the mandate. The strategy emphasizes intermediate and longer maturities, providing exposure to interest rate dynamics and credit conditions across state and local issuers, including general obligation and revenue-backed bonds that finance infrastructure, transportation, utilities, and essential public services. Managed within BlackRock’s municipal platform, the fund distributes income monthly and maintains a broad holdings base. Its long track record reflects a role as a core national muni allocation for investors seeking diversified tax-advantaged income and professional credit selection across sectors and geographies. Key characteristics typically disclosed for this share class include an ongoing expense ratio, moderate portfolio turnover, and a minimum initial investment appropriate for individual accounts.

Fund Family BlackRock

Category Muni National Interm

Performance Rating Low

Risk Rating Above Average

Stock Exchange NASDAQ

Ticker Symbol MFNLX

Index S&P Municipal Bond TR USD

Performance

MFNLX had a total return of 3.31% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.24%.

Dividend History

Ex-Dividend	Amount	Pay Date
Jul 31, 2026	$0.02329	Jul 31, 2026
Jun 30, 2026	$0.02351	Jun 30, 2026
May 29, 2026	$0.02313	May 29, 2026
Apr 30, 2026	$0.02371	Apr 30, 2026
Mar 31, 2026	$0.02371	Mar 31, 2026
Feb 27, 2026	$0.02435	Feb 27, 2026

Full Dividend History