BlackRock California Municipal Opportunities Fund Investor A1 Shares (MDCMX)
| Fund Assets | 2.43B |
| Expense Ratio | 0.56% |
| Min. Investment | $1,000 |
| Turnover | 117.00% |
| Dividend (ttm) | 0.42 |
| Dividend Yield | 3.36% |
| Dividend Growth | 6.18% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 30, 2026 |
| Previous Close | 12.46 |
| YTD Return | 0.78% |
| 1-Year Return | 3.72% |
| 5-Year Return | 5.37% |
| 52-Week Low | 11.56 |
| 52-Week High | 12.48 |
| Beta (5Y) | n/a |
| Holdings | 227 |
| Inception Date | Oct 21, 1994 |
About MDCMX
BlackRock California Municipal Opportunities Fund Investor A1 Shares is a municipal bond mutual fund designed to provide investors with income that is exempt from both federal and California state income taxes. The fund primarily invests in a diversified portfolio of long-term, investment grade municipal bonds issued within the state of California, including obligations that support areas such as clean energy projects and local infrastructure. Managed with a focus on credit quality and interest rate sensitivity, the fund seeks to balance stability of income with prudent risk management, making it relevant for individuals seeking tax-advantaged steady income. Notable features include a low minimum investment requirement, an average expense ratio for its category, and exposure primarily to sectors impacting California's public financing needs. The fund plays a significant role in the municipal bond market by providing capital to California entities while aiming to deliver tax-exempt income to shareholders.
Performance
MDCMX had a total return of 3.72% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.31%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 30, 2026 | $0.03686 | Jan 30, 2026 |
| Dec 31, 2025 | $0.03684 | Dec 31, 2025 |
| Nov 28, 2025 | $0.03207 | Nov 28, 2025 |
| Oct 31, 2025 | $0.03218 | Oct 31, 2025 |
| Sep 30, 2025 | $0.03521 | Sep 30, 2025 |
| Aug 29, 2025 | $0.03482 | Aug 29, 2025 |