Blackrock Strategic Municipal Opportunities Fund Of Blackrock Municipal Series Trust (MAMTX)
Under normal circumstances, the fund will invest at least 80% of its assets in municipal bonds. Municipal bonds may be obligations of a variety of issuers including governmental entities or other qualifying issuers, the payments from which, in the opinion of bond counsel to the issuer, are excludable from gross income for Federal income tax purposes. The fund seeks to maintain an average portfolio duration of zero to ten years. It may invest up to 50% of its net assets in non-investment grade bonds.
Fund Info
US09253E6095
09253E609
Oct 30, 1988
$2,000,000
Expense Ratio
MAMTX has an expense ratio of 0.55%, placing it in the medium range.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Blackrock Strategic Municipal Opportunities Fund Of Blackrock Municipal Series Trust, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Blackrock Strategic Municipal Opportunities Fund Of Blackrock Municipal Series Trust had a return of -2.44% year-to-date (YTD) and 1.25% in the last 12 months. Over the past 10 years, Blackrock Strategic Municipal Opportunities Fund Of Blackrock Municipal Series Trust had an annualized return of 1.72%, while the S&P 500 had an annualized return of 10.15%, indicating that Blackrock Strategic Municipal Opportunities Fund Of Blackrock Municipal Series Trust did not perform as well as the benchmark.
MAMTX
-2.44%
-1.32%
-1.73%
1.25%
1.90%
1.72%
^GSPC (Benchmark)
-6.06%
-2.95%
-4.87%
8.34%
13.98%
10.15%
Monthly Returns
The table below presents the monthly returns of MAMTX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 0.50% | 0.86% | -1.66% | -2.12% | -2.44% | ||||||||
| 2024 | -0.02% | 0.56% | 0.38% | -1.11% | 0.33% | 2.61% | 0.68% | 0.39% | 0.49% | -1.66% | 2.21% | -1.57% | 3.25% |
| 2023 | 2.93% | -1.93% | 1.03% | -0.13% | -0.43% | -0.64% | 0.62% | -1.40% | -2.31% | -1.35% | 6.90% | 2.11% | 5.18% |
| 2022 | -2.84% | -0.41% | -3.88% | -3.11% | 1.33% | -2.92% | 2.79% | -2.21% | -4.15% | -1.16% | 4.28% | 0.52% | -11.52% |
| 2021 | 1.83% | -0.82% | 1.46% | 0.93% | 0.84% | 0.42% | 0.66% | -0.59% | -0.59% | -0.17% | 1.10% | 0.67% | 5.85% |
| 2020 | 1.38% | 0.61% | -9.26% | -2.74% | 3.84% | 1.78% | 1.66% | -0.15% | 0.12% | 0.03% | 2.53% | 1.42% | 0.57% |
| 2019 | 0.34% | 1.32% | 0.86% | 1.28% | 0.49% | 0.06% | 0.92% | 0.39% | -0.38% | 0.21% | 0.37% | 0.63% | 6.67% |
| 2018 | -0.12% | 0.06% | 0.13% | -0.03% | 1.19% | 0.16% | 0.34% | -0.01% | -0.25% | -0.94% | 0.88% | -1.80% | -0.43% |
| 2017 | 0.78% | 0.79% | 0.60% | 0.61% | 1.75% | 0.08% | 0.77% | 0.50% | 0.33% | 0.23% | -0.02% | 1.36% | 8.05% |
| 2016 | 0.75% | -0.21% | 0.90% | 1.23% | 0.61% | 1.31% | -0.30% | 0.62% | -0.39% | -0.90% | -4.40% | 0.41% | -0.50% |
| 2015 | 0.92% | -0.54% | -0.01% | -0.70% | -0.38% | 0.15% | 0.33% | 0.35% | 0.52% | 0.86% | 0.84% | 1.20% | 3.57% |
| 2014 | 2.21% | 1.43% | 0.76% | 1.23% | 0.78% | 0.15% | 0.33% | 1.02% | 0.39% | 0.20% | -0.39% | 0.84% | 9.28% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of MAMTX is 31, indicating average performance compared to other mutual funds on our website. Here’s a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Blackrock Strategic Municipal Opportunities Fund Of Blackrock Municipal Series Trust (MAMTX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Blackrock Strategic Municipal Opportunities Fund Of Blackrock Municipal Series Trust provided a 3.81% dividend yield over the last twelve months, with an annual payout of $0.39 per share. The fund has been increasing its distributions for 3 consecutive years.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.39 | $0.38 | $0.31 | $0.27 | $0.24 | $0.28 | $0.32 | $0.34 | $0.34 | $0.29 | $0.33 | $0.31 |
Dividend yield | 3.81% | 3.60% | 2.96% | 2.64% | 2.01% | 2.39% | 2.71% | 3.02% | 2.89% | 2.59% | 2.85% | 2.72% |
Monthly Dividends
The table displays the monthly dividend distributions for Blackrock Strategic Municipal Opportunities Fund Of Blackrock Municipal Series Trust. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.03 | $0.03 | $0.03 | $0.00 | $0.10 | ||||||||
| 2024 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.38 |
| 2023 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.02 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.31 |
| 2022 | $0.02 | $0.02 | $0.02 | $0.03 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.27 |
| 2021 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.24 |
| 2020 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.28 |
| 2019 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.02 | $0.02 | $0.02 | $0.32 |
| 2018 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.34 |
| 2017 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.34 |
| 2016 | $0.03 | $0.03 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.03 | $0.29 |
| 2015 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.33 |
| 2014 | $0.03 | $0.03 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.02 | $0.02 | $0.03 | $0.03 | $0.31 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Blackrock Strategic Municipal Opportunities Fund Of Blackrock Municipal Series Trust. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Blackrock Strategic Municipal Opportunities Fund Of Blackrock Municipal Series Trust was 16.76%, occurring on Mar 23, 2020. Recovery took 215 trading sessions.
The current Blackrock Strategic Municipal Opportunities Fund Of Blackrock Municipal Series Trust drawdown is 6.41%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -16.76% | Feb 28, 2020 | 17 | Mar 23, 2020 | 215 | Jan 28, 2021 | 232 |
| -16.27% | Jan 4, 2022 | 205 | Oct 26, 2022 | — | — | — |
| -8.82% | Jan 24, 2008 | 227 | Dec 16, 2008 | 100 | May 12, 2009 | 327 |
| -7.97% | Dec 7, 2012 | 187 | Sep 5, 2013 | 170 | May 9, 2014 | 357 |
| -7.49% | Feb 1, 1994 | 209 | Nov 18, 1994 | 111 | Apr 24, 1995 | 320 |
Volatility
Volatility Chart
The current Blackrock Strategic Municipal Opportunities Fund Of Blackrock Municipal Series Trust volatility is 5.51%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.