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Blackrock California Municipal Opportunities Fund - A1: (MF: MDCMX)

(NASDAQ Mutual Funds) As of May 20, 2022 08:00 PM ET

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$11.56 USD

+0.02 (0.17%)

Zacks MF Rank

This is our Mutual Fund rating system that serves as a timeliness indicator for Mutual Fund's over the next 6 months:

Zacks Rank Definition
1 Strong Buy
2 Buy
3 Hold
4 Sell
5 Strong Sell

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1-Strong Buy of 5 1        

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Zacks Premium Research for MDCMX

Zacks MF Rank

This is our Mutual Fund rating system that serves as a timeliness indicator for Mutual Fund's over the next 6 months:

Zacks Rank Definition
1 Strong Buy
2 Buy
3 Hold
4 Sell
5 Strong Sell

Zacks Mutual Fund Rank FAQ - Learn more about the Zacks Mutual Fund Rank
Zacks Mutual Fund Rank Home - All Zacks Rank resources in one place
Zacks Premium - The only way to get access to the Zacks Rank

Strong Buy 1
MF Research Report

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 Municipals Opportunities 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 11.75 10/31/1988 1.91 -6.63 0.04 2.00
BlackRock CA Muni Bond A1 MDCMX 11.54 10/21/1994 1.82 -6.72 -0.05 1.91
BlackRock CA Muni Bond A MECMX 11.74 10/3/2006 1.68 -6.86 -0.21 1.74
BlackRock CA Muni Bond C MFCMX 11.75 10/3/2006 0.90 -7.56 -1.00 0.96

Investment Information

Ticker Minimum Initial Investment ($) Minimum Subsequent Investment ($) Minimum Initial IRA ($) Dividend Frequency
BlackRock CA Municipals Opportunities A1 MDCMX 0 0 0 M

Contact Information

Family BlackRock
Address 40 East 52nd Street
New York, NY 10022
Phone 800 441-7762