Blackrock Strategic Municipal Opp Fd Of Blackrock Muni Series Tr Investor A Shares (MEMTX)
| Fund Assets | 3.35B |
| Expense Ratio | 0.96% |
| Min. Investment | $1,000 |
| Turnover | 66.00% |
| Dividend (ttm) | 0.39 |
| Dividend Yield | 3.54% |
| Dividend Growth | 4.76% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 30, 2026 |
| Previous Close | 10.50 |
| YTD Return | 2.88% |
| 1-Year Return | 7.19% |
| 5-Year Return | 2.50% |
| 52-Week Low | 9.94 |
| 52-Week High | 10.52 |
| Beta (5Y) | 0.27 |
| Holdings | 546 |
| Inception Date | Oct 2, 2006 |
About MEMTX
BlackRock Strategic Municipal Opportunities Fund Investor A Shares is an actively managed municipal bond mutual fund designed to provide a high level of income that is generally exempt from federal income taxes. The strategy employs a flexible, opportunistic approach across the municipal market, typically investing at least 80% of assets in municipal bonds and dynamically adjusting across credit quality, sectors, and maturities. It can allocate to both investment grade and high yield municipal securities, with the ability to hold a meaningful share in below‑investment‑grade issues when the team sees value. The portfolio spans hundreds of holdings and targets an average duration within a broad zero‑to‑ten‑year range, allowing managers to adapt to changing interest rate environments. Sector exposures commonly include state and local tax‑backed issuers, utilities, transportation, healthcare, education, and housing, complemented by active use of cash and derivatives to manage risk and positioning. The fund seeks to blend income generation with risk-aware total return, reflecting BlackRock’s municipal research platform and tactical allocation process across the national muni landscape.
Performance
MEMTX had a total return of 7.19% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.29%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 30, 2026 | $0.03483 | Jun 30, 2026 |
| May 29, 2026 | $0.03165 | May 29, 2026 |
| Apr 30, 2026 | $0.03511 | Apr 30, 2026 |
| Mar 31, 2026 | $0.03516 | Mar 31, 2026 |
| Feb 27, 2026 | $0.03484 | Feb 27, 2026 |
| Jan 30, 2026 | $0.03433 | Jan 30, 2026 |