Blackrock Strategic Municipal Opp Fd Of Blackrock Muni Series Tr Investor A1 (MDMTX)
| Fund Assets | 3.35B |
| Expense Ratio | 0.82% |
| Min. Investment | $5,000,000 |
| Turnover | 66.00% |
| Dividend (ttm) | 0.39 |
| Dividend Yield | 3.68% |
| Dividend Growth | 3.03% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 30, 2026 |
| Previous Close | 10.56 |
| YTD Return | 1.11% |
| 1-Year Return | 3.81% |
| 5-Year Return | 2.21% |
| 52-Week Low | 9.72 |
| 52-Week High | 10.57 |
| Beta (5Y) | n/a |
| Holdings | 555 |
| Inception Date | Oct 21, 1994 |
About MDMTX
BlackRock Strategic Municipal Opportunities Fund Investor A1 is an open-end mutual fund specializing in the municipal bond sector. Its core purpose is to provide shareholders with a high level of income that is largely exempt from federal income taxes. The fund employs a flexible investment approach, enabling portfolio managers to adapt to evolving municipal bond markets and shifts in interest rate environments. Holdings span a wide range of municipal issuers, with significant allocations to sectors such as utilities, transportation, education, health, and state and local government-backed obligations. The fund’s strategy allows for investment in bonds of any maturity while actively managing portfolio duration, typically maintaining an average between zero and ten years. A unique feature is its ability to include non-investment grade bonds and use derivatives to hedge risk or seek enhanced returns. With a diversified portfolio containing hundreds of municipal securities, the fund is designed to help investors pursue tax-advantaged income while navigating the risks and opportunities presented by the municipal bond market.
Performance
MDMTX had a total return of 3.81% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.99%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 30, 2026 | $0.0356 | Jan 30, 2026 |
| Dec 31, 2025 | $0.03412 | Dec 31, 2025 |
| Nov 28, 2025 | $0.02738 | Nov 28, 2025 |
| Oct 31, 2025 | $0.02933 | Oct 31, 2025 |
| Sep 30, 2025 | $0.03322 | Sep 30, 2025 |
| Aug 29, 2025 | $0.03196 | Aug 29, 2025 |