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Friday, October 10, 2008, 3:25PM ET - U.S. Markets close in 35 mins.. Dow Down 1.18% Nasdaq Down 0.79%
BlackRock CA Insured Muni Bd I (MACMX)On Oct 9: 10.24  Down 0.14 (1.35%)  
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Profile  As of 31-Aug-08Get Profile for:
BlackRock CA Insured Muni Bd I
100 Bellevue Parkway Plainsboro NJ 08536
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Phone: 800-441-7762
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FUND OVERVIEW 
Category:Muni California Long
Fund Family:BlackRock
Net Assets:44.42M
Year-to-Date Return:0.70%
Yield:4.21%
Morningstar Rating:4 stars
Fund Inception Date:25-Oct-88
MORNINGSTAR STYLE BOX 
Muni California Long
[View Category Definition]
View Top Muni California Long Funds
About the Morningstar Style Box
MANAGEMENT INFORMATION 
Walter O'Connor
Lead Manager since 01-Dec-89
OConnor joined BlackRock following the merger with Merrill Lynch Investment Managers (MLIM) in 2006. OConnor was a managing director of MLIM from 2003 to 2006, a director (Municipal Tax-Exempt Fund Management) of MLIM from 2000 to 2003, and a Vice President of MLIM from 1993 to 2000.
INVESTMENT INFORMATION 
Min Initial Investment:$2,000,000
Min Initial Investment, IRA:$2,000,000
Min Initial Investment, AIP:$2,000,000
Min Subsequent Investment:$50
Min Subsequent Investment, IRA:$50
Min Subsequent Investment, AIP:$50
MACMX can be purchased from 28 brokerages.
FUND SUMMARY 
The investment seeks income exempt from federal and California income taxes. The fund invests primarily in a portfolio of long term investment grade California municipal bonds. These may be obligations of a variety of issuers including governmental entities in California and issuers located in Puerto Rico, the U.S. Virgin Islands and Guam. The fund invests at least 80% of assets in California municipal bonds and at least 80% of assets in municipal bonds that are covered by insurance guaranteeing the timely payment of principal at maturity and interest when due.
FUND OPERATIONS 
Last Dividend (29-Aug-08): 0.04
Last Cap Gain (19-Dec-06): 0.00
Annual Holdings Turnover 31.00%
Average for Category: 29.99%
FEES & EXPENSES 
ExpenseMACMXCategory
Avg
Total Expense Ratio:0.71% 1.13%
Max 12b1 Fee:0.00% N/A
Max Front End Sales Load:0.00% 4.22%
Max Deferred Sales Load:0.00% 2.62%
3 Yr Expense Projection*: $300$588
5 Yr Expense Projection*: $520$844
10 Yr Expense Projection*: $1,155$1,576
* Per $10,000 invested


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