Skip to Content
Morningstar

BlackRock Impact Municipal Institutional MPICX

Morningstar Medalist Rating
Medalist Rating as of | See BlackRock Investment Hub
  • NAV / 1-Day Return 9.64  /  +0.03 %
  • Total Assets 48.9 Mil
  • Adj. Expense Ratio
    0.590%
  • Expense Ratio 0.590%
  • Distribution Fee Level Above Average
  • Share Class Type Institutional
  • Category Muni National Long
  • Credit Quality / Interest Rate Sensitivity Medium/Extensive
  • Min. Initial Investment 2.0 Mil
  • Status Open
  • TTM Yield 3.41%
  • Effective Duration 7.88 years

USD | NAV as of Apr 26, 2024 | 1-Day Return as of Apr 26, 2024, 11:14 PM GMT+0

Morningstar’s Analysis MPICX

Will MPICX outperform in future?

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

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable MPICX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the MPICX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of MPICX’s parent organization’s priorities and whether they’re in line with investors’ interests.

BlackRock Impact Municipal Institutional boasts strong Process and People Pillar ratings, but other weaknesses hold this strategy's Morningstar Medalist Rating at Neutral.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The strategy charges fees in line with its similarly distributed peers, priced within the middle quintile.

by Morningstar Manager Research
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings MPICX

More MPICX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 16.6
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Cash Offset

8.19 4.1 Mil
—

BlackRock Liquidity MuniCash Instl

4.72 2.3 Mil
Cash and Equivalents

ST LUCIE CNTY FLA SCH BRD CTFS PARTN

3.29 1.6 Mil
municipal

MASSACHUSETTS ST TRANSN FD REV

3.28 1.6 Mil
municipal

CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV

3.15 1.6 Mil
municipal

UNIVERSITY UTAH UNIV REVS

3.09 1.5 Mil
municipal

CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV

3.07 1.5 Mil
municipal

CHICAGO ILL TRAN AUTH SALES TAX RCPTS REV

2.54 1.3 Mil
municipal

DISTRICT COLUMBIA REV

2.37 1.2 Mil
municipal

UNIVERSITY CONN

2.31 1.1 Mil
municipal