BlackRock New York Municipal Opportunities Fund Class K (MKNKX)
| Fund Assets | 1.08B |
| Expense Ratio | 0.65% |
| Min. Investment | $5,000,000 |
| Turnover | 26.00% |
| Dividend (ttm) | 0.39 |
| Dividend Yield | 3.70% |
| Dividend Growth | 6.62% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 30, 2026 |
| Previous Close | 10.53 |
| YTD Return | 1.19% |
| 1-Year Return | 4.25% |
| 5-Year Return | 7.57% |
| 52-Week Low | 9.67 |
| 52-Week High | 10.54 |
| Beta (5Y) | n/a |
| Holdings | 306 |
| Inception Date | Jan 25, 2018 |
About MKNKX
BlackRock New York Municipal Opportunities Fund Class K is a municipal bond mutual fund managed by BlackRock, targeting the fixed income market with a specific focus on municipal securities. The primary purpose of this fund is to provide shareholders with income that is exempt from federal, New York State, and New York City personal income taxes. To achieve this, the fund invests at least 80% of its assets in investment grade municipal bonds issued by entities within New York, including a mix of long- and short-term obligations such as municipal notes, variable rate demand notes, and private activity bonds. The fund employs a flexible strategy to manage both interest rate and credit risk, maintaining an average portfolio duration between zero and ten years. By diversifying its holdings across over 360 securities, it seeks to deliver stable, tax-advantaged income streams. BlackRock New York Municipal Opportunities Fund Class K is notable for its substantial asset base and relatively low expense ratio, making it a competitive offering in the New York municipal bond sector. The fund serves institutional investors and others seeking tax-exempt income, and it plays a significant role in facilitating capital for public projects across New York State while offering investors exposure to municipal credit markets.
Performance
MKNKX had a total return of 4.25% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.57%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 30, 2026 | $0.03444 | Jan 30, 2026 |
| Dec 31, 2025 | $0.03449 | Dec 31, 2025 |
| Nov 28, 2025 | $0.02855 | Nov 28, 2025 |
| Oct 31, 2025 | $0.03029 | Oct 31, 2025 |
| Sep 30, 2025 | $0.03308 | Sep 30, 2025 |
| Aug 29, 2025 | $0.03267 | Aug 29, 2025 |