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BlackRock Municipal Income Fund (MUI)

National Muni Bond Funds - National Municipal (tax-free) Bond

Data as of July 16, 2024
Market Price $12.29 ( $0.00)
NAV (July 16, 2024) $13.20 (+ $0.04)
Fund Listed NYSE
Premium / Discount -6.89% (-0.28%)
Fund Info
Inception Aug. 1, 2003
Sponsor BlackRock Advisors
Website www.blackrock.com/inve...
Phone 1-800-882-0052
Location Delaware
Incorporated Maryland (Subject to the Maryland Act)
Staggered Board Yes
Term Date N/A
Objective: Current income exempt from federal income taxes; Investment grad municipal bonds.
Related Indexes
National Municipal Bond Index
Tax-Sensitive Income Index
Capital & Leverage
Outstanding Shares 71,992,145
Total Assets (Reported: Jan. 31, 2024) $1,587M
Estimated Total Assets $1,569M
Net Assets $950M
Market Cap $885M
Portfolio Turnover 29.00%
Total Leverage 39.45%
Structural Leverage (out of total) 91.61%
Portfolio Leverage (out of total) 8.39%
Expense Ratio 3.98%
Non Lev Exp Ratio 1.00%
Rel Lev Cost 4.58%
Discount Data
Average Discount (3 Yr) -9.63%
Discount Low(3 Yr) -16.52%
Discount High(3 Yr) -0.31%
Discount Rel Range (3 Yr) 59.40%
Comp Discount 0.88
Discount St Dev (1Yr) 3.04
Z-Stat (6mo) 1.09
Z-Stat (1Yr) 1.64
Z-Stat (3Yr) 0.69
Comp Z-Stat (6mo) -0.53
Comp Z-Stat (3Yr) 0.70
Distribution Data
Market Yield 5.37%
Income Yield 4.05%
Lev Adj NAV Yield 3.59%
Distribution Frequency M
Current Distribution $0.055
Current Income $0.041
Ex-Date 7/15/24
Payable Date 8/1/24
Div Growth (3yr) 1.85%
Dividend Change 61.8% on 11/14/23
Expected Div 8/1/24
RoC (1yr) 24.34%
RoC (3yr) 11.22%
Volume & Liquidity
Average Daily $ (K) $1,931
Avg Volume 30 day 154,085
Avg Volume 90 day 157,108
Volume Trend -1.92%
Comp Volume Trend 0.13%
Correlation & Volatility
Price Correlation (1yr)
vs. S&P 500 (TR)
Price Correlation (1yr)
vs. CEFA's 12 Major CEF Sectors Index
Price Correlation (1yr)
vs. CEFA's National Municipal Bond Index
Most Correlated Peer (Mk Pr): MHD 92.0%
NAV - Price Correlation (30 d) 57.4%
NAV - Price Correlation (90 d) 80.6%
NAV - Price Correlation (1 Yr) 86.4%
Price St Dev (1Yr) 10.3%
NAV St Dev (1Yr) 7.1%
Earnings / Share (5/31/24) $0.035
Earn Coverage 63.64%
Earnings Trend Down
UNII / Share (5/31/24) $-0.107
Rel UNII -21.49
UNII Trend Down
Bond Specific Data
Maturity 28.86
Duration 12.54
Credit Rating (rbo) A
Investment Grade 89.79%
Non Investment Grade 3.50%
Unrated Bonds 6.71%
Average Bond Price 98.29
Discount vs Price -8.60
Coupon 4.68%
Zero Coupon 1.33%
AMT 15.01%
AMT Yield 5.14%
Bond Calls Risk 6.13%
NAV Beta (2yr)
vs. S&P 500 (TR)
NAV Beta (2yr)
vs. CEFA's 12 Major CEF Sectors Index
NAV Beta (2yr)
vs. CEFA's National Municipal Bond Index


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