C000234662 Performance — BlackRock Impact Municipal Fund, Class K
Data updated: 2025-10-27
C000234662 returned −2.67% over one year to Aug 2025. The annualised 3-year return is +2.84%. Against its Long-Term Municipal Bond category average the fund came out ahead over three years but behind over one: $100 invested three years ago grew to $109, against $107 for the category, and to $97 over one year, against $98. Volatility over the past three years was 7.83% a year. In the 12 months to Aug 2025 the fund lost a net $742K, and assets reached $46.45M.
C000234662 Growth of $100
What $100 invested in BlackRock Impact Municipal Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Long-Term Municipal Bond category average over the same months.
| Period | C000234662 | Category average |
|---|---|---|
| 1 year (Sep 2024 – Aug 2025) | $97 | $98 |
| 3 years (Sep 2022 – Aug 2025) | $109 | $107 |
| Since data start (Mar 2022 – Aug 2025) | $105 | $99 |
C000234662 Trailing Returns
Total returns to Aug 2025, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | −2.67% |
| 3 years (annualised) | +2.84% |
C000234662 Annual Returns
Calendar-year total returns of BlackRock Impact Municipal Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2025 (Jan–Aug) | −2.04% |
| 2024 | +2.18% |
| 2023 | +8.06% |
| 2022 (Mar–Dec) | −3.38% |
C000234662 Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | +0.4% | +0.7% | −1.8% | −0.8% | −0.4% | 0.0% | −0.9% | +0.9% | — | — | — | — |
| 2024 | −0.5% | +0.7% | +0.3% | −1.2% | +0.2% | +1.9% | +0.9% | +0.6% | +0.8% | −1.6% | +1.9% | −1.7% |
| 2023 | +3.0% | −2.2% | +2.0% | −0.2% | −0.3% | +1.2% | +0.7% | −1.6% | −3.4% | −0.8% | +7.5% | +2.3% |
| 2022 | — | — | −0.3% | −2.8% | +1.6% | −3.2% | +3.1% | −2.1% | −4.7% | −1.1% | +6.1% | +0.5% |
C000234662 Risk
Risk measures from monthly returns over Sep 2022 – Aug 2025.
- 3-year volatility (annualised): 7.83%
- 3-year Sharpe ratio: -0.21 (vs 4.5% risk-free rate)
- Best month: +7.54% (Nov 2023)
- Worst month: −4.69% (Sep 2022)
C000234662 Fund Flows
Monthly money in and out of BlackRock Impact Municipal Fund, from SEC Form N-PORT.
- 12-month net flow: −$742K
- 12-month gross sales (incl. reinvestments): $1.5M
- Sales ÷ redemptions: 0.67×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Aug 2025 | $9K | $755K | −$746K |
| Jul 2025 | $4K | $620K | −$616K |
| Jun 2025 | $590K | $47K | $543K |
| May 2025 | $47K | $7K | $40K |
| Apr 2025 | $487K | $286K | $201K |
| Mar 2025 | $32K | $193K | −$161K |
| Feb 2025 | $18K | $39K | −$21K |
| Jan 2025 | $146K | $91K | $55K |
| Dec 2024 | $14K | $88K | −$74K |
| Nov 2024 | $55K | $75K | −$20K |
| Oct 2024 | $55K | $11K | $44K |
| Sep 2024 | $60K | $47K | $13K |
C000234662 Assets Under Management
Net assets of BlackRock Impact Municipal Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2025-08-31 | $46.45M |
| 2025-05-31 | $47.75M |
| 2025-02-28 | $49.68M |
| 2024-11-30 | $50.49M |
| 2024-08-31 | $50.32M |
| 2024-05-31 | $48.88M |
| 2024-02-29 | $49.59M |
| 2023-11-30 | $48.65M |
| 2023-08-31 | $47.33M |
| 2023-05-31 | $47.58M |
| 2023-02-28 | $47.28M |
| 2022-11-30 | $47.24M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.