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BlackRock NY Municipal Opps Inv C MFNKX

Medalist Rating as of | See BlackRock Investment Hub
  • NAV / 1-Day Return 9.93  /  0.19 %
  • Total Assets 1.2 Bil
  • Adj. Expense Ratio
    1.560%
  • Expense Ratio 1.560%
  • Distribution Fee Level Above Average
  • Share Class Type Level Load
  • Category Muni New York Long
  • Credit Quality / Interest Rate Sensitivity Medium / Moderate
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 2.19%
  • Effective Duration 6.33 years

Morningstar’s Analysis MFNKX

Will MFNKX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

BlackRock NY Municipal Opps Inv C boasts strong People and Process Pillar ratings, but other weaknesses hold this strategy's Morningstar Medalist Rating at Negative.

null Morningstar Manager Research

Morningstar Manager Research

Summary

Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the most expensive quintile among peers.

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Portfolio Holdings MFNKX

  • Current Portfolio Date
  • Equity Holdings 0
  • Bond Holdings 402
  • Other Holdings 30
  • % Assets in Top 10 Holdings −19.3
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Cash Offset

29.62
359,838,172

Restructured Puerto Rico Electric

2.93
35,611,444
municipal

BlackRock Liquidity NY Mny Institutional

2.66
32,301,041
Cash and Equivalents

LIBERTY N Y DEV CORP REV

1.35
16,388,409
municipal

NEW YORK N Y CITY MUN WTR FIN AUTH WTR & SWR SYS REV

1.31
15,889,514
municipal

NEW YORK TRANSN DEV CORP SPL FAC REV

1.25
15,130,689
municipal

NEW YORK N Y CITY MUN WTR FIN AUTH WTR & SWR SYS REV

1.24
15,028,245
municipal

NEW YORK ST PWR AUTH GREEN TRANSMISSION PROJ REV

1.14
13,880,202
municipal

TRIBOROUGH BRDG & TUNL AUTH N Y PAYROLL MOBILITY TAX

1.13
13,775,321
municipal

NEW YORK LIBERTY DEV CORP LIBERTY REV

1.10
13,376,355
municipal