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BlackRock Municipal Income Fund (MUI)

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

Data as of Aug. 12, 2022
Market Price $12.74 (- $0.06)
NAV (Aug. 12, 2022) $13.55 (- $0.08)
Fund Listed NYSE
Premium / Discount -5.98% (+0.11%)
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
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 73,870,971
Total Assets (Reported: April 30, 2022) $1,782M
Estimated Total Assets $1,755M
Net Assets $1,001M
Market Cap $941M
Portfolio Turnover 25.00%
Total Leverage 42.96%
Structural Leverage (out of total) 76.89%
Portfolio Leverage (out of total) 23.11%
Expense Ratio 1.67%
Non Lev Exp Ratio 1.02%
Rel Lev Cost 0.84%
Discount Data
Average Discount (3 Yr) -7.85%
Discount Low(3 Yr) -20.22%
Discount High(3 Yr) -0.31%
Discount Rel Range 71.53%
Comp Discount -2.93
Discount St Dev (1Yr) 2.82
Z-Stat (6mo) 1.59
Z-Stat (1Yr) -0.03
Z-Stat (3Yr) 0.60
Comp Z-Stat (6mo) 0.20
Comp Z-Stat (3Yr) 0.19
Distribution Data
Market Yield 5.09%
Income Yield 5.09%
Lev Adj NAV Yield 3.35%
Distribution Frequency M
Current Distribution $0.054
Current Income $0.054
Ex-Date 8/12/22
Payable Date 9/1/22
Div Growth (3yr) 21.35%
Dividend Change 2.9% on 10/1/20
Expected Div 9/1/22
RoC (1yr) 0.00%
RoC (3yr) 0.00%
Volume & Liquidity
Average Daily $ (K) $2,501
Avg Volume 30 day 159,338
Avg Volume 90 day 196,304
Volume Trend -18.83%
Comp Volume Trend 5.11%
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): MYD 89.0%
NAV - Price Correlation (30 d) 89.7%
NAV - Price Correlation (90 d) 96.5%
NAV - Price Correlation (1 Yr) 99.0%
Price St Dev (1Yr) 14.9%
NAV St Dev (1Yr) 6.2%
Earnings / Share (6/30/22) $0.047
Earn Coverage 87.22%
Earnings Trend Down
UNII / Share (6/30/22) $0.014
Rel UNII 2.19
UNII Trend Down
Bond Specific Data
Maturity 24.07
Duration 12.62
Credit Rating (rbo) A
Investment Grade 87.88%
Non Investment Grade 5.56%
Unrated Bonds 6.56%
Average Bond Price 98.58
Discount vs Price -7.40
Coupon 4.59%
Zero Coupon 1.45%
AMT 16.20%
AMT Yield 4.86%
Bond Calls Risk 5.30%
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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