Blackrock New York Municipal Opportunities Fund - Institutional: (MF: MANKX)
(NASDAQ Mutual Funds) As of Apr 25, 2024 08:00 PM ET
$10.47 USD
-0.03 (-0.29%)
Fund Description
The fund was incepted in October 1988 and is managed by Merrill Lynch Investment Managers. The fund seeks to provide shareholders with income exempt from federal income tax and New York State and New York City personal income taxes. The fund invests primarily in a portfolio of long-term investment grade New York municipal bonds. Under normal circumstances, the fund invests at least 80% of its assets in New York municipal bonds. The fund may invest up to 20% of its assets in high yield bonds (also known as 'junk' bonds). However, the fund does not invest in bonds that at the time of purchase are in default or that the fund management believes can be in default. The fund also invests in certain types of derivative securities. Dividends are distributed monthly. Net realized capital gains are distributed at least annually.
Load Information
| Ticker | Max Load % |
Deferred Load % |
Red. Fee % |
12B-1 Fee % |
Mgmt Fee % |
Expense Ratio % |
|
|---|---|---|---|---|---|---|---|
| BlackRock NY Muni Opports Instl | MANKX | NA | NA | 0.00 | 0.00 | 0.46 | 0.50 |
Return Data
| Ticker | Nav | Inception Date | % yield | 1 year return | 2 year return | 3 year return | |
|---|---|---|---|---|---|---|---|
| BlackRock NY Muni I | MANKX | 10.47 | 10/31/1988 | 0.77 | 5.05 | 0.54 | 1.59 |
| BlackRock NY Muni A1 | MDNKX | 10.57 | 10/21/1994 | 0.76 | 4.95 | 0.41 | 1.48 |
| BlackRock NY Muni A | MENKX | 10.57 | 10/3/2006 | 0.72 | 4.69 | 0.27 | 1.33 |
| BlackRock NY Muni C | MFNKX | 10.57 | 10/4/2006 | 0.54 | 4.01 | -0.46 | 0.60 |
Investment Information
| Ticker | Minimum Initial Investment ($) | Minimum Subsequent Investment ($) | Minimum Initial IRA ($) | Dividend Frequency | |
|---|---|---|---|---|---|
| BlackRock NY Muni Opports Instl | MANKX | 2000000 | 0 | 0 | M |
Contact Information
| Family | BlackRock |
| Address | 40 East 52nd Street New York, NY 10022 |
| Phone | 800 441-7762 |