BlackRock California Municipal Opportunities Fund Class K (MKCMX)
| Fund Assets | 2.43B |
| Expense Ratio | 0.42% |
| Min. Investment | $5,000,000 |
| Turnover | 117.00% |
| Dividend (ttm) | 0.44 |
| Dividend Yield | 3.64% |
| Dividend Growth | 5.86% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 30, 2026 |
| Previous Close | 11.96 |
| YTD Return | 0.83% |
| 1-Year Return | 4.02% |
| 5-Year Return | 6.67% |
| 52-Week Low | 11.06 |
| 52-Week High | 11.98 |
| Beta (5Y) | n/a |
| Holdings | 227 |
| Inception Date | Jan 25, 2018 |
About MKCMX
BlackRock California Municipal Opportunities Fund Class K is a mutual fund specializing in investing primarily in tax-exempt municipal bonds associated with the state of California. Its central objective is to provide investors with a flexible approach to generating tax-advantaged income, adapting its portfolio across varying interest rate and credit environments. The fund predominantly holds bonds issued by California-based entities such as school districts, utilities, transportation authorities, and corporate municipal issuers, with a sector allocation that includes significant exposure to public infrastructure and services. A majority of the portfolio’s assets are invested in municipal securities, which are structured to offer federally – and often state – tax-exempt income for California residents. The fund seeks to maintain an average portfolio duration of zero to ten years, balancing interest rate risk with yield opportunities. BlackRock California Municipal Opportunities Fund Class K plays a vital role in the municipal bond market by facilitating capital for public projects in California, appealing primarily to investors seeking stable, tax-efficient income and exposure to California’s municipal debt markets.
Performance
MKCMX had a total return of 4.02% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.35%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 30, 2026 | $0.03824 | Jan 30, 2026 |
| Dec 31, 2025 | $0.03819 | Dec 31, 2025 |
| Nov 28, 2025 | $0.03338 | Nov 28, 2025 |
| Oct 31, 2025 | $0.03355 | Oct 31, 2025 |
| Sep 30, 2025 | $0.03659 | Sep 30, 2025 |
| Aug 29, 2025 | $0.03624 | Aug 29, 2025 |