Blackrock Strategic Municipal Opp Fd Of Blackrock Muni Series Tr Investor C Shares (MFMTX)
| Fund Assets | 3.33B |
| Expense Ratio | 1.73% |
| Min. Investment | $1,000 |
| Turnover | 66.00% |
| Dividend (ttm) | 0.31 |
| Dividend Yield | 2.98% |
| Dividend Growth | 7.28% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Apr 30, 2026 |
| Previous Close | 10.30 |
| YTD Return | 0.21% |
| 1-Year Return | 4.02% |
| 5-Year Return | -2.81% |
| 52-Week Low | 9.95 |
| 52-Week High | 10.53 |
| Beta (5Y) | n/a |
| Holdings | 549 |
| Inception Date | Oct 2, 2006 |
About MFMTX
BlackRock Strategic Municipal Opportunities Fund Class C is a mutual fund specializing in U.S. municipal bonds. Its primary objective is to generate tax-advantaged income by investing flexibly across the municipal bond market, adapting its portfolio as interest rate environments and credit conditions change. The fund allocates assets among municipal bonds of varying maturities and credit qualities, including investment-grade and non-investment-grade securities, with up to 50% permitted in lower-rated bonds. It may use derivatives for hedging or to pursue additional returns, and can employ short-selling strategies, which add complexity and risk to the portfolio. As part of the “Muni National Long” category, it is diversified, holding securities from over 600 issuers and maintaining a portfolio duration that typically ranges from zero to ten years. The fund serves investors seeking municipally tax-exempt income while aiming to achieve competitive returns relative to traditional municipal bond indices. Managed by BlackRock Advisors, LLC, this fund’s flexibility and scale position it as a significant participant in the U.S. municipal bond fund segment.
Performance
MFMTX had a total return of 4.02% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.41%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FLUVX | Fidelity | Fidelity Advisor Municipal Income Fund - Class M | 0.75% |
| FKISX | Fidelity | Fidelity Advisor Municipal Income Fund - Class C | 1.50% |
| FROGX | Fidelity | Fidelity Advisor Municipal Income Fund - Class I | 0.50% |
| FUENX | Fidelity | Fidelity Flex Municipal Income Fund | n/a |
| FHIGX | Fidelity | Fidelity Municipal Income Fund | 0.43% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Apr 30, 2026 | $0.02855 | Apr 30, 2026 |
| Mar 31, 2026 | $0.02828 | Mar 31, 2026 |
| Feb 27, 2026 | $0.02858 | Feb 27, 2026 |
| Jan 30, 2026 | $0.02742 | Jan 30, 2026 |
| Dec 31, 2025 | $0.02596 | Dec 31, 2025 |
| Nov 28, 2025 | $0.01943 | Nov 28, 2025 |