BlackRock California Municipal Opptys Fund Inv A (MECMX)
11.96
+0.01
(+0.08%)
USD |
Jan 14 2026
Returns Chart
Key Stats
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 0.71% | 2.411B | -- | 117.0% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| -45.24M | 4.30% | Upgrade | Upgrade |
Basic Info
| Investment Strategy | |
| The Fund seeks to provide shareholders with income exempt from Federal and California income taxes. Under normal circumstances, the Fund will invest at least 80% of its assets in California municipal bonds. California municipal bonds are debt obligations issued by or on behalf of a governmental entity in California. |
| General | |
| Security Type | Mutual Fund |
| Equity Style | -- |
| Broad Asset Class | Municipal Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond USD Municipal |
| Peer Group | California Municipal Debt Funds |
| Global Macro | Bond HC |
| US Macro | Single State Municipal Debt Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | California Municipal Debt Funds |
| Fund Owner Firm Name | BlackRock |
| Broad Asset Class Benchmark Index | |
| ^BBMBTR | 100.0% |
Net Fund Flows Versus Peer Group
1 Month
% Rank:
22
-132.83M
Peer Group Low
232.48M
Peer Group High
1 Year
% Rank:
71
-45.24M
-515.39M
Peer Group Low
1.207B
Peer Group High
3 Months
% Rank:
45
-194.39M
Peer Group Low
529.25M
Peer Group High
3 Years
% Rank:
95
-1.835B
Peer Group Low
1.738B
Peer Group High
6 Months
% Rank:
46
-237.95M
Peer Group Low
697.75M
Peer Group High
5 Years
% Rank:
95
-3.953B
Peer Group Low
1.975B
Peer Group High
YTD
% Rank:
--
--
Peer Group Low
--
Peer Group High
10 Years
% Rank:
10
-3.545B
Peer Group Low
3.010B
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of January 15, 2026.
Asset Allocation
As of July 31, 2025.
| Type | % Net |
|---|---|
| Cash | 1.22% |
| Stock | 0.00% |
| Bond | 98.42% |
| Convertible | 0.00% |
| Preferred | 0.02% |
| Other | 0.34% |
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
| CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV CA 5.000 10/01/2056 | 2.76% | 109.64 | -0.00% |
| CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV CA 5.000 03/01/2056 | 2.53% | -- | -- |
| CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV CA 5.000 02/01/2054 | 2.51% | 106.05 | -0.00% |
| United States of America USGB 12/04/2025 FIX USD Government (Matured) | 2.09% | 100.00 | 0.00% |
| United States of America USGB 12/11/2025 FIX USD Government (Matured) | 2.09% | 100.00 | 0.00% |
| CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV CA 5.000 02/01/2055 | 2.06% | 108.43 | -0.00% |
| CALIFORNIA ST PUB WKS BRD LEASE REV CA 5.000 04/01/2049 | 1.89% | 105.25 | 0.00% |
| CALIFORNIA INFRASTRUCTURE & ECONOMIC DEV BK REV CA 12.000 01/01/2065 | 1.78% | -- | -- |
| CALIFORNIA ST UNIV REV CA 5.250 11/01/2050 | 1.57% | 109.24 | -0.00% |
| CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV CA 5.000 11/01/2055 | 1.56% | 104.78 | -0.00% |
Fees & Availability
| Fees | |
| Actual 12B-1 Fee | 0.25% |
| Actual Management Fee | 0.37% |
| Administration Fee | -- |
| Maximum Front Load | 4.25% |
| Maximum Deferred Load | -- |
| Maximum Redemption Fee | -- |
| General Availability | |
| Available for Insurance Product | No |
| Available for RRSP | No |
| Purchase Details | |
| Open to New Investors |
|
| Minimum Initial Investment | 1000.00 None |
| Minimum Subsequent Investment | 50.00 None |
Basic Info
| Investment Strategy | |
| The Fund seeks to provide shareholders with income exempt from Federal and California income taxes. Under normal circumstances, the Fund will invest at least 80% of its assets in California municipal bonds. California municipal bonds are debt obligations issued by or on behalf of a governmental entity in California. |
| General | |
| Security Type | Mutual Fund |
| Equity Style | -- |
| Broad Asset Class | Municipal Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond USD Municipal |
| Peer Group | California Municipal Debt Funds |
| Global Macro | Bond HC |
| US Macro | Single State Municipal Debt Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | California Municipal Debt Funds |
| Fund Owner Firm Name | BlackRock |
| Broad Asset Class Benchmark Index | |
| ^BBMBTR | 100.0% |
Fundamentals
| General | |
| Distribution Yield | -- |
| Dividend Yield TTM (1-14-26) | 3.33% |
| 30-Day SEC Yield (11-30-25) | 3.33% |
| 7-Day SEC Yield | -- |
| Number of Holdings | 10 |
| Bond | |
| Yield to Maturity (7-31-25) | 4.72% |
| Effective Duration | 7.41 |
| Average Coupon | 4.92% |
| Calculated Average Quality | 2.027 |
| Effective Maturity | 15.94 |
| Nominal Maturity | 20.94 |
| Number of Bond Holdings | 9 |
As of July 31, 2025
Fund Details
Top Portfolio Holders
| Name | % Weight |
|---|---|
| Portfolio A | 5.00% |
| Portfolio B | 3.50% |
| Portfolio C | 2.25% |
Excel Add-In Codes
| Name: =YCI("M:MECMX", "name") |
| Broad Asset Class: =YCI("M:MECMX", "broad_asset_class") |
| Broad Category: =YCI("M:MECMX", "broad_category_group") |
| Prospectus Objective: =YCI("M:MECMX", "prospectus_objective") |
| To find the codes for any of our securities and financial metrics, see our Complete Excel Reference. |