Blackrock Strategic Municipal Opportunities Fund Of Blackrock Municipal Series Trust (MAMTX)
| Fund Assets | 3.44B |
| Expense Ratio | 0.67% |
| Min. Investment | $2,000,000 |
| Turnover | 66.00% |
| Dividend (ttm) | 0.39 |
| Dividend Yield | 3.85% |
| Dividend Growth | 8.76% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Aug 29, 2025 |
| Previous Close | 10.18 |
| YTD Return | -1.32% |
| 1-Year Return | -1.47% |
| 5-Year Return | 4.04% |
| 52-Week Low | 9.93 |
| 52-Week High | 10.78 |
| Beta (5Y) | n/a |
| Holdings | 616 |
| Inception Date | Oct 31, 1988 |
About MAMTX
BlackRock Strategic Municipal Opportunities Fund Institutional Shares is a mutual fund designed to provide investors with a high level of income exempt from federal income taxes. The fund primarily invests in a diverse portfolio of investment grade municipal bonds issued by states, territories, and possessions across the United States. With a flexible mandate, the fund can adjust its holdings to respond to changing interest rate environments and municipal market dynamics, typically maintaining a weighted average maturity between 3 and 10 years. Catering mainly to institutional investors, it requires a significant minimum investment and employs experienced portfolio managers to actively manage risk and capitalize on opportunities within municipal fixed income. This fund is notable for its focus on tax-advantaged income, monthly distribution frequency, and the breadth of its holdings, which span hundreds of municipal issuers and sectors including infrastructure, utilities, and government services. Given its scale and comprehensive approach, it plays a significant role as a tool for sophisticated investors seeking federally tax-exempt income through municipal markets.
Performance
MAMTX had a total return of -1.47% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.18%.
Top 10 Holdings
16.11% of assets| Name | Symbol | Weight |
|---|---|---|
| BlackRock Liquidity Funds - MuniCash | MCSXX | 5.74% |
| PUERTO RICO COMWLTH | PR.PRC 11.01.2051 | 2.10% |
| ENERGY SOUTHEAST ALA COOP DIST ENERGY SUPPLY REV | AL.ESDPWR 04.01.2054 | 1.68% |
| CALIFORNIA INFRASTRUCTURE & ECONOMIC DEV BK REV | CA.CASDEV 01.01.2065 | 1.52% |
| BLACK BELT ENERGY GAS DIST ALA GAS PROJ REV | AL.BBEUTL 01.01.2054 | 0.97% |
| SOUTHEAST ENERGY AUTH COOP DIST ALA COMMODITY SUPPLY REV | AL.SEEPWR 01.01.2054 | 0.96% |
| ENERGY SOUTHEAST ALA COOP DIST ENERGY SUPPLY REV | AL.ESDPWR 11.01.2053 | 0.94% |
| BLACK BELT ENERGY GAS DIST ALA GAS PROJ REV | AL.BBEUTL 10.01.2054 | 0.78% |
| ARKANSAS ST DEV FIN AUTH INDL DEV REV | AR.ARSDEV 7.38 07.01.2048 | 0.73% |
| TRIBOROUGH BRDG & TUNL AUTH N Y PAYROLL MOBILITY TAX | NY.TRBTRN 5.25 05.15.2052 | 0.71% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Aug 29, 2025 | $0.03243 | Aug 29, 2025 |
| Jul 31, 2025 | $0.03409 | Jul 31, 2025 |
| Jun 30, 2025 | $0.03481 | Jun 30, 2025 |
| May 30, 2025 | $0.03383 | May 30, 2025 |
| Apr 30, 2025 | $0.0334 | Apr 30, 2025 |
| Mar 31, 2025 | $0.03368 | Mar 31, 2025 |