Blackrock California Municipal Opportunities Fund - A1: (MF: MDCMX)
(NASDAQ Mutual Funds) As of Apr 25, 2024 08:00 PM ET
$11.84 USD
-0.02 (-0.17%)
Fund Description
The fund was incepted in October 1988 and is managed by Merrill Lynch Investment Managers. The fund seeks to provide shareholders with income exempt from federal and California income taxes. The fund invests primarily in a portfolio of long-term investment grade California municipal bonds. Under normal circumstances, the fund invests at least 80% of its net assets in California municipal bonds and at least 80% of its net assets in municipal bonds that are covered by insurance guaranteeing the timely payment of principal at maturity and interest when due. The fund may also invest up to 20% of its assets in high yield bonds (also known as 'junk' bonds). However, the fund does not invest in bonds that are in default or that fund management believes will be in default. Dividends are distributed monthly. Net realized capital gains are distributed at least annually.
Load Information
| Ticker | Max Load % |
Deferred Load % |
Red. Fee % |
12B-1 Fee % |
Mgmt Fee % |
Expense Ratio % |
|
|---|---|---|---|---|---|---|---|
| BlackRock CA Muni Opports A1 | MDCMX | NA | NA | 0.00 | 0.10 | 0.37 | 0.53 |
Return Data
| Ticker | Nav | Inception Date | % yield | 1 year return | 2 year return | 3 year return | |
|---|---|---|---|---|---|---|---|
| BlackRock CA Muni Bond I | MACMX | 11.92 | 10/31/1988 | 0.76 | 4.38 | -0.04 | 1.50 |
| BlackRock CA Muni Bond A1 | MDCMX | 11.84 | 10/21/1994 | 0.74 | 4.29 | -0.13 | 1.40 |
| BlackRock CA Muni Bond A | MECMX | 11.91 | 10/3/2006 | 0.71 | 4.04 | -0.30 | 1.23 |
| BlackRock CA Muni Bond C | MFCMX | 11.92 | 10/3/2006 | 0.53 | 3.34 | -1.01 | 0.47 |
Investment Information
| Ticker | Minimum Initial Investment ($) | Minimum Subsequent Investment ($) | Minimum Initial IRA ($) | Dividend Frequency | |
|---|---|---|---|---|---|
| BlackRock CA Muni Opports A1 | MDCMX | 0 | 0 | 0 | M |
Contact Information
| Family | BlackRock |
| Address | 40 East 52nd Street New York, NY 10022 |
| Phone | 800 441-7762 |