BlackRock Short Duration Muni K (MPLMX)

Fund Assets	500.91M
Expense Ratio	0.32%
Min. Investment	$5,000,000
Turnover	66.00%
Dividend (ttm)	0.35
Dividend Yield	3.54%
Dividend Growth	0.91%
Payout Frequency	Monthly
Ex-Dividend Date	Jul 31, 2026

Previous Close	9.89
YTD Return	0.91%
1-Year Return	2.95%
5-Year Return	12.39%
52-Week Low	9.87
52-Week High	10.09
Beta (5Y)	0.09
Holdings	229
Inception Date	Oct 2, 2006

About MPLMX

BlackRock Short Duration Muni Fund Class K is an open‑end mutual fund focused on generating a high level of income exempt from U.S. federal income taxes by investing primarily in investment‑grade municipal bonds and notes with short interest‑rate sensitivity. The strategy maintains a portfolio duration of four years or less and emphasizes securities such as variable rate demand obligations, seeking stability of net asset value alongside consistent tax‑advantaged income. Managed by an experienced municipal team supported by dedicated credit research, the fund applies proprietary internal ratings and rigorous credit analysis to construct a diversified, high‑quality short‑maturity muni portfolio. It typically holds a broad mix across state and local issuers, with a notable allocation to A and AA rated credits to balance quality and yield within its short duration mandate. The fund distributes income monthly, reflecting its income‑oriented design for investors prioritizing tax‑efficient cash flows. Established in 2006, it has developed a track record within the national short municipal category, where it has received a Morningstar Medalist Rating of Bronze based on its team and process.

• Fund Family: BlackRock
• Category: Muni National Short
• Performance Rating: Above Average
• Risk Rating: Average
• Stock Exchange: NASDAQ
• Ticker Symbol: MPLMX
• Index: S&P Municipal Bond TR USD

Performance

MPLMX had a total return of 2.95% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.68%.

Dividend History

Ex-Dividend	Amount	Pay Date
Jul 31, 2026	$0.02913	Jul 31, 2026
Jun 30, 2026	$0.0287	Jun 30, 2026
May 29, 2026	$0.02824	May 29, 2026
Apr 30, 2026	$0.02898	Apr 30, 2026
Mar 31, 2026	$0.02842	Mar 31, 2026
Feb 27, 2026	$0.02912	Feb 27, 2026

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Aug 27, 2026

Data Sources Report a data error