BlackRock New York Municipal Opportunities Fund Investor A Shares (MENKX)
| Fund Assets | 1.09B |
| Expense Ratio | 0.97% |
| Min. Investment | $1,000 |
| Turnover | 31.00% |
| Dividend (ttm) | 0.35 |
| Dividend Yield | 3.31% |
| Dividend Growth | 9.58% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 30, 2025 |
| Previous Close | 10.03 |
| YTD Return | -3.79% |
| 1-Year Return | -3.39% |
| 5-Year Return | 4.07% |
| 52-Week Low | 9.97 |
| 52-Week High | 10.89 |
| Beta (5Y) | n/a |
| Holdings | 331 |
| Inception Date | Oct 2, 2006 |
About MENKX
BlackRock New York Municipal Opportunities Fund Investor A is a municipal bond mutual fund managed by BlackRock, primarily designed to provide shareholders with income exempt from U.S. federal, New York State, and New York City personal income taxes. The fund follows a flexible approach, actively adapting its portfolio to changing conditions in the municipal bond market. It primarily invests in a diversified selection of New York-issued municipal securities and offers broad sector exposure, with significant allocations to transportation, utilities, education, and tax-backed bonds. The fund balances credit quality, typically holding a mix of investment-grade and some lower-rated municipal bonds, and manages both interest rate and credit risk through its portfolio construction. With a focus on income generation and capital preservation, the fund serves investors seeking tax-advantaged income and exposure to New York’s municipal credit landscape. It plays an important role within the market by helping to finance public infrastructure and services within New York, while offering investors potential diversification and tax benefits in their fixed income allocations.
Performance
MENKX had a total return of -3.39% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.80%.
Top 10 Holdings
16.61% of assets| Name | Symbol | Weight |
|---|---|---|
| BlackRock Liquidity Funds - MuniCash | MCSXX | 3.30% |
| NEW YORK TRANSN DEV CORP SPL FAC REV | NY.NYTTRN 6 06.30.2054 | 1.66% |
| CALIFORNIA INFRASTRUCTURE & ECONOMIC DEV BK REV | CA.CASDEV 01.01.2065 | 1.65% |
| NEW YORK ST DORM AUTH REVS NON ST SUPPORTED DEBT | NY.NYSHGR 5.5 07.01.2054 | 1.49% |
| TRIBOROUGH BRDG & TUNL AUTH N Y SALES TAX REV | NY.TRITRN 5.25 05.15.2052 | 1.46% |
| NEW YORK ST DORM AUTH REVS NON ST SUPPORTED DEBT | NY.NYSHGR 4.8 12.01.2034 | 1.43% |
| UTILITY DEBT SECURITIZATION AUTH N Y | NY.UTLUTL 5 12.15.2040 | 1.42% |
| NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV | NY.NYCGEN 5 05.01.2040 | 1.41% |
| NEW YORK TRANSN DEV CORP SPL FAC REV | NY.NYTTRN 5.5 06.30.2060 | 1.41% |
| NEW YORK N Y CITY MUN WTR FIN AUTH WTR & SWR SYS REV | NY.NYCUTL 06.15.2049 | 1.38% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 30, 2025 | $0.03095 | Jun 30, 2025 |
| May 30, 2025 | $0.0306 | May 30, 2025 |
| Apr 30, 2025 | $0.030 | Apr 30, 2025 |
| Mar 31, 2025 | $0.02994 | Mar 31, 2025 |
| Feb 28, 2025 | $0.02905 | Feb 28, 2025 |
| Jan 31, 2025 | $0.02854 | Jan 31, 2025 |