Blackrock Municipal Series Trust - BlackRock Strategic Municipal Opportunities Fund Class A
Name
As of 03/27/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
MEMTX | Fund
$10.55
$7.4 B
3.14%
$0.33
0.89%
Vitals
YTD Return
0.8%
1 yr return
4.2%
3 Yr Avg Return
-1.2%
5 Yr Avg Return
0.3%
Net Assets
$7.4 B
Holdings in Top 10
9.4%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.89%
SALES FEES
Front Load 4.25%
Deferred Load N/A
TRADING FEES
Turnover 100.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 03/27/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
MEMTX | Fund
$10.55
$7.4 B
3.14%
$0.33
0.89%
MEMTX - Profile
Distributions
- YTD Total Return 0.8%
- 3 Yr Annualized Total Return -1.2%
- 5 Yr Annualized Total Return 0.3%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 2.10%
- Dividend Yield 3.1%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameBlackrock Municipal Series Trust - BlackRock Strategic Municipal Opportunities Fund Class A
-
Fund Family NameBlackRock
-
Inception DateOct 03, 2006
-
Shares OutstandingN/A
-
Share ClassOther
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerTheodore Jaeckel
Fund Description
MEMTX - Performance
Return Ranking - Trailing
Period | MEMTX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 0.8% | -2.7% | 12.2% | 4.78% |
1 Yr | 4.2% | -3.0% | 38.5% | 25.34% |
3 Yr | -1.2%* | -10.3% | 3.3% | 72.77% |
5 Yr | 0.3%* | -5.7% | 1102.9% | 82.89% |
10 Yr | 2.1%* | -0.2% | 248.3% | 40.99% |
* Annualized
Return Ranking - Calendar
Period | MEMTX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 2.0% | -1.4% | 41.0% | 72.67% |
2022 | -13.8% | -39.7% | 0.3% | 80.95% |
2021 | 3.8% | -5.6% | 6.9% | 0.86% |
2020 | -1.9% | -2.6% | 310.0% | 99.26% |
2019 | 3.8% | 0.0% | 26.0% | 47.92% |
Total Return Ranking - Trailing
Period | MEMTX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 0.8% | -2.7% | 12.2% | 4.78% |
1 Yr | 4.2% | -3.0% | 38.5% | 25.34% |
3 Yr | -1.2%* | -10.3% | 3.3% | 72.77% |
5 Yr | 0.3%* | -5.7% | 1102.9% | 82.89% |
10 Yr | 2.1%* | -0.2% | 248.3% | 40.99% |
* Annualized
Total Return Ranking - Calendar
Period | MEMTX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 5.2% | -1.3% | 41.0% | 61.98% |
2022 | -11.6% | -39.7% | 1.1% | 82.19% |
2021 | 5.9% | -4.8% | 23761504.0% | 1.98% |
2020 | 0.3% | -1.5% | 17057.9% | 98.58% |
2019 | 5.4% | 0.2% | 3514.6% | 75.10% |
NAV & Total Return History
MEMTX - Holdings
Concentration Analysis
MEMTX | Category Low | Category High | MEMTX % Rank | |
---|---|---|---|---|
Net Assets | 7.4 B | 3.48 M | 68.1 B | 4.06% |
Number of Holdings | 1406 | 2 | 12848 | 5.28% |
Net Assets in Top 10 | 788 M | -317 M | 3.4 B | 2.58% |
Weighting of Top 10 | 9.35% | 1.9% | 100.4% | 85.75% |
Top 10 Holdings
- BlackRock Liquidity MuniCash Instl 2.54%
- SACRAMENTO CNTY CALIF SANTN DIST FING AUTH REV 0.68% 1.24%
- PUERTO RICO SALES TAX FING CORP SALES TAX REV 4.75% 1.10%
- Texas Water Dev Brd St Implem 4% 0.99%
- WISCONSIN ST HEALTH & EDL FACS AUTH REV 4% 0.95%
- COLORADO ST ED LN PROG 4% 0.87%
- DETROIT MICH SEW DISP REV 0.697% 0.84%
- PUERTO RICO COMWLTH 0.83%
- PUERTO RICO COMWLTH 0.83%
- GWINNETT CNTY GA SCH DIST 5% 0.83%
Asset Allocation
Weighting | Return Low | Return High | MEMTX % Rank | |
---|---|---|---|---|
Bonds | 97.16% | 0.00% | 150.86% | 76.30% |
Cash | 2.84% | -50.86% | 50.09% | 20.10% |
Stocks | 0.00% | 0.00% | 99.80% | 83.19% |
Preferred Stocks | 0.00% | 0.00% | 0.52% | 56.57% |
Other | 0.00% | -8.54% | 33.35% | 57.35% |
Convertible Bonds | 0.00% | 0.00% | 0.93% | 56.47% |
Bond Sector Breakdown
Weighting | Return Low | Return High | MEMTX % Rank | |
---|---|---|---|---|
Municipal | 92.96% | 44.39% | 100.00% | 88.62% |
Cash & Equivalents | 4.58% | 0.00% | 48.02% | 7.93% |
Corporate | 2.46% | 0.00% | 9.41% | 0.91% |
Derivative | 0.00% | -8.54% | 23.38% | 55.48% |
Securitized | 0.00% | 0.00% | 5.93% | 57.18% |
Government | 0.00% | 0.00% | 52.02% | 60.22% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | MEMTX % Rank | |
---|---|---|---|---|
US | 88.43% | 0.00% | 142.23% | 96.01% |
Non US | 8.73% | 0.00% | 23.89% | 0.64% |
MEMTX - Expenses
Operational Fees
MEMTX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.89% | 0.01% | 20.65% | 35.55% |
Management Fee | 0.50% | 0.00% | 1.20% | 86.22% |
12b-1 Fee | 0.25% | 0.00% | 1.00% | 57.47% |
Administrative Fee | N/A | 0.01% | 0.44% | N/A |
Sales Fees
MEMTX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | 4.25% | 0.50% | 4.75% | 21.75% |
Deferred Load | N/A | 0.25% | 5.00% | N/A |
Trading Fees
MEMTX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 1.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
MEMTX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 100.00% | 0.00% | 283.00% | 98.95% |
MEMTX - Distributions
Dividend Yield Analysis
MEMTX | Category Low | Category High | MEMTX % Rank | |
---|---|---|---|---|
Dividend Yield | 3.14% | 0.00% | 14.36% | 45.46% |
Dividend Distribution Analysis
MEMTX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Monthly | Monthly | Monthly |
Net Income Ratio Analysis
MEMTX | Category Low | Category High | MEMTX % Rank | |
---|---|---|---|---|
Net Income Ratio | 2.10% | -0.53% | 5.33% | 41.10% |
Capital Gain Distribution Analysis
MEMTX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Feb 29, 2024 | $0.028 | OrdinaryDividend |
Jan 31, 2024 | $0.026 | DailyAccrualFund |
Dec 29, 2023 | $0.027 | DailyAccrualFund |
Nov 30, 2023 | $0.028 | DailyAccrualFund |
Oct 31, 2023 | $0.026 | DailyAccrualFund |
Sep 29, 2023 | $0.025 | DailyAccrualFund |
Aug 31, 2023 | $0.024 | DailyAccrualFund |
Jul 31, 2023 | $0.022 | DailyAccrualFund |
Jun 30, 2023 | $0.023 | DailyAccrualFund |
May 31, 2023 | $0.023 | DailyAccrualFund |
Apr 28, 2023 | $0.024 | DailyAccrualFund |
Mar 31, 2023 | $0.025 | DailyAccrualFund |
Feb 28, 2023 | $0.024 | DailyAccrualFund |
Jan 31, 2023 | $0.021 | DailyAccrualFund |
Dec 30, 2022 | $0.022 | DailyAccrualFund |
Nov 30, 2022 | $0.022 | DailyAccrualFund |
Oct 31, 2022 | $0.021 | DailyAccrualFund |
Sep 30, 2022 | $0.022 | DailyAccrualFund |
Aug 31, 2022 | $0.020 | DailyAccrualFund |
Jul 29, 2022 | $0.021 | DailyAccrualFund |
Jun 30, 2022 | $0.021 | DailyAccrualFund |
May 31, 2022 | $0.021 | DailyAccrualFund |
Apr 29, 2022 | $0.023 | DailyAccrualFund |
Mar 31, 2022 | $0.019 | DailyAccrualFund |
Feb 28, 2022 | $0.020 | DailyAccrualFund |
Jan 31, 2022 | $0.017 | DailyAccrualFund |
Dec 31, 2021 | $0.018 | DailyAccrualFund |
Nov 30, 2021 | $0.017 | DailyAccrualFund |
Oct 29, 2021 | $0.018 | DailyAccrualFund |
Sep 30, 2021 | $0.017 | DailyAccrualFund |
Aug 31, 2021 | $0.016 | DailyAccrualFund |
Jul 30, 2021 | $0.017 | DailyAccrualFund |
Jun 30, 2021 | $0.018 | DailyAccrualFund |
May 28, 2021 | $0.018 | DailyAccrualFund |
Apr 30, 2021 | $0.018 | DailyAccrualFund |
Mar 31, 2021 | $0.018 | DailyAccrualFund |
Feb 26, 2021 | $0.020 | DailyAccrualFund |
Jan 29, 2021 | $0.019 | DailyAccrualFund |
Dec 31, 2020 | $0.020 | DailyAccrualFund |
Nov 30, 2020 | $0.020 | DailyAccrualFund |
Oct 30, 2020 | $0.020 | DailyAccrualFund |
Sep 30, 2020 | $0.020 | DailyAccrualFund |
Aug 31, 2020 | $0.020 | DailyAccrualFund |
Jul 31, 2020 | $0.021 | DailyAccrualFund |
Jun 30, 2020 | $0.022 | DailyAccrualFund |
May 29, 2020 | $0.022 | DailyAccrualFund |
Apr 30, 2020 | $0.021 | DailyAccrualFund |
Mar 31, 2020 | $0.021 | DailyAccrualFund |
Feb 28, 2020 | $0.020 | DailyAccrualFund |
Jan 31, 2020 | $0.021 | DailyAccrualFund |
Dec 31, 2019 | $0.002 | DailyAccrualFund |
Nov 29, 2019 | $0.002 | DailyAccrualFund |
Oct 31, 2019 | $0.002 | DailyAccrualFund |
Sep 30, 2019 | $0.002 | DailyAccrualFund |
Aug 30, 2019 | $0.002 | DailyAccrualFund |
Jul 31, 2019 | $0.002 | DailyAccrualFund |
May 31, 2019 | $0.025 | DailyAccrualFund |
Apr 30, 2019 | $0.026 | DailyAccrualFund |
Mar 29, 2019 | $0.027 | DailyAccrualFund |
Feb 28, 2019 | $0.028 | DailyAccrualFund |
Jan 31, 2019 | $0.027 | DailyAccrualFund |
Dec 31, 2018 | $0.028 | DailyAccrualFund |
Nov 30, 2018 | $0.029 | DailyAccrualFund |
Oct 31, 2018 | $0.028 | DailyAccrualFund |
Aug 31, 2018 | $0.027 | DailyAccrualFund |
Jul 31, 2018 | $0.027 | DailyAccrualFund |
Jun 29, 2018 | $0.027 | DailyAccrualFund |
May 31, 2018 | $0.026 | DailyAccrualFund |
Apr 30, 2018 | $0.025 | DailyAccrualFund |
Mar 29, 2018 | $0.023 | DailyAccrualFund |
Feb 28, 2018 | $0.025 | DailyAccrualFund |
Jan 31, 2018 | $0.024 | DailyAccrualFund |
Dec 29, 2017 | $0.026 | DailyAccrualFund |
Nov 30, 2017 | $0.026 | DailyAccrualFund |
Oct 31, 2017 | $0.025 | DailyAccrualFund |
Sep 29, 2017 | $0.026 | DailyAccrualFund |
Aug 31, 2017 | $0.026 | DailyAccrualFund |
Jul 31, 2017 | $0.027 | DailyAccrualFund |
Jun 30, 2017 | $0.027 | DailyAccrualFund |
May 31, 2017 | $0.027 | DailyAccrualFund |
Apr 28, 2017 | $0.027 | DailyAccrualFund |
Mar 31, 2017 | $0.026 | DailyAccrualFund |
Feb 28, 2017 | $0.027 | DailyAccrualFund |
Jan 31, 2017 | $0.025 | DailyAccrualFund |
Dec 30, 2016 | $0.024 | DailyAccrualFund |
Nov 30, 2016 | $0.023 | DailyAccrualFund |
Oct 31, 2016 | $0.022 | DailyAccrualFund |
Sep 30, 2016 | $0.022 | DailyAccrualFund |
Aug 31, 2016 | $0.022 | DailyAccrualFund |
Jul 29, 2016 | $0.022 | DailyAccrualFund |
Jun 30, 2016 | $0.022 | DailyAccrualFund |
May 31, 2016 | $0.020 | DailyAccrualFund |
Apr 29, 2016 | $0.021 | DailyAccrualFund |
Mar 31, 2016 | $0.022 | DailyAccrualFund |
Feb 29, 2016 | $0.024 | DailyAccrualFund |
Jan 29, 2016 | $0.024 | DailyAccrualFund |
Dec 31, 2015 | $0.024 | DailyAccrualFund |
Nov 30, 2015 | $0.023 | DailyAccrualFund |
Oct 30, 2015 | $0.025 | DailyAccrualFund |
Sep 30, 2015 | $0.026 | DailyAccrualFund |
Aug 31, 2015 | $0.027 | DailyAccrualFund |
Jul 31, 2015 | $0.025 | DailyAccrualFund |
Jun 30, 2015 | $0.025 | DailyAccrualFund |
May 29, 2015 | $0.025 | DailyAccrualFund |
Apr 30, 2015 | $0.028 | DailyAccrualFund |
Mar 31, 2015 | $0.027 | DailyAccrualFund |
Feb 27, 2015 | $0.026 | DailyAccrualFund |
Jan 30, 2015 | $0.023 | DailyAccrualFund |
Dec 31, 2014 | $0.023 | DailyAccrualFund |
Nov 28, 2014 | $0.023 | DailyAccrualFund |
Oct 31, 2014 | $0.021 | DailyAccrualFund |
Sep 30, 2014 | $0.022 | DailyAccrualFund |
Aug 29, 2014 | $0.024 | DailyAccrualFund |
Jul 31, 2014 | $0.024 | DailyAccrualFund |
Jun 30, 2014 | $0.024 | DailyAccrualFund |
May 30, 2014 | $0.025 | DailyAccrualFund |
Apr 30, 2014 | $0.025 | DailyAccrualFund |
Mar 31, 2014 | $0.022 | DailyAccrualFund |
Feb 28, 2014 | $0.025 | DailyAccrualFund |
Jan 31, 2014 | $0.026 | DailyAccrualFund |
Dec 31, 2013 | $0.026 | DailyAccrualFund |
Nov 29, 2013 | $0.026 | DailyAccrualFund |
Oct 31, 2013 | $0.026 | DailyAccrualFund |
Sep 30, 2013 | $0.026 | DailyAccrualFund |
Aug 30, 2013 | $0.025 | DailyAccrualFund |
Jul 31, 2013 | $0.024 | DailyAccrualFund |
Jun 28, 2013 | $0.025 | DailyAccrualFund |
May 31, 2013 | $0.023 | DailyAccrualFund |
Apr 30, 2013 | $0.025 | DailyAccrualFund |
Mar 28, 2013 | $0.025 | DailyAccrualFund |
Feb 28, 2013 | $0.026 | DailyAccrualFund |
Jan 31, 2013 | $0.026 | DailyAccrualFund |
Dec 31, 2012 | $0.027 | DailyAccrualFund |
Nov 30, 2012 | $0.027 | DailyAccrualFund |
Oct 31, 2012 | $0.028 | DailyAccrualFund |
Sep 28, 2012 | $0.027 | DailyAccrualFund |
Aug 31, 2012 | $0.028 | DailyAccrualFund |
Jul 31, 2012 | $0.031 | DailyAccrualFund |
Jun 29, 2012 | $0.031 | DailyAccrualFund |
May 31, 2012 | $0.030 | DailyAccrualFund |
Apr 30, 2012 | $0.030 | DailyAccrualFund |
Mar 30, 2012 | $0.030 | DailyAccrualFund |
Feb 29, 2012 | $0.031 | DailyAccrualFund |
Jan 31, 2012 | $0.031 | DailyAccrualFund |
Dec 30, 2011 | $0.031 | DailyAccrualFund |
Nov 30, 2011 | $0.030 | DailyAccrualFund |
Oct 31, 2011 | $0.031 | DailyAccrualFund |
Sep 30, 2011 | $0.031 | DailyAccrualFund |
Aug 31, 2011 | $0.031 | DailyAccrualFund |
Jul 29, 2011 | $0.036 | DailyAccrualFund |
Jun 30, 2011 | $0.031 | DailyAccrualFund |
May 31, 2011 | $0.032 | DailyAccrualFund |
Apr 29, 2011 | $0.031 | DailyAccrualFund |
Mar 31, 2011 | $0.032 | DailyAccrualFund |
Feb 28, 2011 | $0.033 | DailyAccrualFund |
Jan 31, 2011 | $0.031 | DailyAccrualFund |
Dec 31, 2010 | $0.032 | DailyAccrualFund |
Nov 30, 2010 | $0.031 | DailyAccrualFund |
Oct 29, 2010 | $0.030 | DailyAccrualFund |
Sep 30, 2010 | $0.031 | DailyAccrualFund |
Aug 31, 2010 | $0.031 | DailyAccrualFund |
Jul 30, 2010 | $0.032 | DailyAccrualFund |
Jun 30, 2010 | $0.031 | DailyAccrualFund |
May 28, 2010 | $0.031 | DailyAccrualFund |
Apr 30, 2010 | $0.031 | DailyAccrualFund |
Mar 31, 2010 | $0.032 | DailyAccrualFund |
Feb 26, 2010 | $0.028 | DailyAccrualFund |
Jan 29, 2010 | $0.030 | DailyAccrualFund |
Dec 31, 2009 | $0.031 | DailyAccrualFund |
Nov 30, 2009 | $0.030 | DailyAccrualFund |
Oct 30, 2009 | $0.031 | DailyAccrualFund |
Sep 30, 2009 | $0.029 | DailyAccrualFund |
Aug 31, 2009 | $0.030 | DailyAccrualFund |
Jul 31, 2009 | $0.031 | DailyAccrualFund |
Jun 30, 2009 | $0.029 | DailyAccrualFund |
May 29, 2009 | $0.028 | DailyAccrualFund |
Apr 30, 2009 | $0.028 | DailyAccrualFund |
Mar 31, 2009 | $0.030 | DailyAccrualFund |
Feb 27, 2009 | $0.026 | DailyAccrualFund |
Jan 30, 2009 | $0.029 | DailyAccrualFund |
Dec 31, 2008 | $0.035 | DailyAccrualFund |
Nov 28, 2008 | $0.028 | DailyAccrualFund |
Oct 31, 2008 | $0.029 | DailyAccrualFund |
Sep 30, 2008 | $0.029 | DailyAccrualFund |
Aug 29, 2008 | $0.029 | DailyAccrualFund |
Jul 31, 2008 | $0.029 | DailyAccrualFund |
Jun 30, 2008 | $0.029 | DailyAccrualFund |
May 30, 2008 | $0.027 | DailyAccrualFund |
Apr 30, 2008 | $0.031 | DailyAccrualFund |
Mar 31, 2008 | $0.034 | DailyAccrualFund |
Feb 29, 2008 | $0.031 | DailyAccrualFund |
Jan 31, 2008 | $0.031 | DailyAccrualFund |
Dec 31, 2007 | $0.031 | DailyAccrualFund |
Nov 30, 2007 | $0.029 | DailyAccrualFund |
Oct 31, 2007 | $0.030 | DailyAccrualFund |
Sep 28, 2007 | $0.029 | DailyAccrualFund |
Aug 31, 2007 | $0.030 | DailyAccrualFund |
Jul 31, 2007 | $0.029 | DailyAccrualFund |
Jun 29, 2007 | $0.029 | DailyAccrualFund |
May 31, 2007 | $0.030 | DailyAccrualFund |
Apr 30, 2007 | $0.029 | DailyAccrualFund |
Mar 30, 2007 | $0.029 | DailyAccrualFund |
Feb 28, 2007 | $0.026 | DailyAccrualFund |
Jan 31, 2007 | $0.029 | DailyAccrualFund |
Dec 29, 2006 | $0.037 | DailyAccrualFund |
Nov 30, 2006 | $0.028 | DailyAccrualFund |
Oct 31, 2006 | $0.027 | DailyAccrualFund |
MEMTX - Fund Manager Analysis
Managers
Theodore Jaeckel
Start Date
Tenure
Tenure Rank
Dec 31, 2006
15.42
15.4%
Jaeckel Jr. is managing director at BlackRock. He joined BlackRock following the merger with Merrill Lynch Investment Managers (MLIM) in 2006. He is a member of BlackRock's Fixed Income Portfolio Management Group. Prior to joining MLIM in 1990, he was a municipal bond trader with Chemical Bank. Jaeckel holds the Chartered Financial Analyst designation.
Peter Hayes
Start Date
Tenure
Tenure Rank
Jan 27, 2014
8.35
8.4%
Hayes is a managing director of BlackRock, Inc. Prior to joining BlackRock in 2006, he was a managing director of MLIM from 2000 to 2006 and was a first vice president of MLIM from 1997 to 2000. He has been a portfolio manager with BlackRock or MLIM since 1987.
Michael Kalinoski
Start Date
Tenure
Tenure Rank
Jan 27, 2014
8.35
8.4%
Kalinoski, director at BlackRock, joined BlackRock following the merger with Merrill Lynch Investment Managers(MLIM) in 2006. Prior to joining MLIM in 1999, he was with Strong Capital Management. Mr. Kalinoski earned a B.S. degree in accounting from Marquette University in 1992. Kalinoski holds the Chartered Financial Analyst designation.
James Pruskowski
Start Date
Tenure
Tenure Rank
Jan 27, 2014
8.35
8.4%
Pruskowski is a portfolio manager and Managing Director of BlackRock, Inc. since 2006. , his employer since 2000.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 35.05 | 7.36 | 1.58 |