Blackrock Strategic Municipal Opp Fd Of Blackrock Muni Series Tr Class K (MKMTX)
| Fund Assets | 3.40B |
| Expense Ratio | 0.67% |
| Min. Investment | $5,000,000 |
| Turnover | 66.00% |
| Dividend (ttm) | 0.41 |
| Dividend Yield | 3.96% |
| Dividend Growth | 4.07% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Feb 27, 2026 |
| Previous Close | 10.36 |
| YTD Return | 0.51% |
| 1-Year Return | 3.46% |
| 5-Year Return | 1.95% |
| 52-Week Low | 9.93 |
| 52-Week High | 10.53 |
| Beta (5Y) | n/a |
| Holdings | 555 |
| Inception Date | Jan 25, 2018 |
About MKMTX
BlackRock Strategic Municipal Opportunities Fund Class K is an open-end fixed income mutual fund focused on delivering tax-advantaged income through investments in U.S. municipal bonds. The fund is managed with a flexible approach, adapting its portfolio allocation in response to shifting interest rate environments and varying municipal credit conditions. Its primary objective is to generate attractive after-tax returns for investors by primarily investing in bonds issued by state and local governments, agencies, and related entities, with exposure across sectors such as education, healthcare, housing, and utilities. The fund’s portfolio is diversified across a broad range of issuers and credit qualities, with a significant allocation to investment-grade municipal bonds, but also includes positions in high-yield and non-rated securities to capture a wider spectrum of potential income opportunities. As of June 2025, it held assets exceeding $3.5 billion and reported more than 600 issuers in its portfolio. Notably, the fund may use derivatives for hedging or opportunistic purposes and occasionally employs short-selling strategies to enhance risk-adjusted returns. Positioned within the Muni National Long category, BlackRock Strategic Municipal Opportunities Fund Class K serves investors seeking diversified municipal bond exposure with an emphasis on flexible risk management and tax efficiency.
Performance
MKMTX had a total return of 3.46% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.59%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Feb 27, 2026 | $0.03721 | Feb 27, 2026 |
| Jan 30, 2026 | $0.03693 | Jan 30, 2026 |
| Dec 31, 2025 | $0.03547 | Dec 31, 2025 |
| Nov 28, 2025 | $0.02868 | Nov 28, 2025 |
| Oct 31, 2025 | $0.03069 | Oct 31, 2025 |
| Sep 30, 2025 | $0.03458 | Sep 30, 2025 |