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BlackRock California Municipal Opportunities Fund (MACMX)

11.98
0.00
(0.00%)
As of 9:55:06 AM EDT. Market Open.

Fund Summary

Under normal circumstances, the fund will invest at least 80% of its assets in California municipal bonds. At least 50% of its assets will be invested in investment grade securities. The fund may invest in both fixed rate and variable rate obligations. It may invest up to 50% of its assets in non-investment grade bonds.

BlackRock California Municipal Opportunities Fund

WILMINGTON DE 19809
100 Bellevue Parkway

Fund Overview

Category Muni California Intermediate
Fund Family BlackRock
Net Assets 2.42B
YTD Return 1.25%
Yield 3.38%
Morningstar Rating
Inception Date Oct 25, 1988

Fund Operations

Last Dividend 0.11
Last Cap Gain -11.00
Holdings Turnover 77.00%
Average for Category --

Fees & Expenses

Expense MACMX Category Average
Annual Report Expense Ratio (net) 0.54% 0.78%
Prospectus Net Expense Ratio 0.54% --
Prospectus Gross Expense Ratio 0.57% --
Max 12b1 Fee -- --
Max Front End Sales Load -- 3.37%
Max Deferred Sales Load -- 1.00%
3 Yr Expense Projection 0 --
5 Yr Expense Projection 0 --
10 Yr Expense Projection 0 --

Management Information

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.

Morningstar Style Box

Morningstar Category

While the investment objective stated in a fund's prospectus may or may not reflect how the fund actually invests, the Morningstar category is assigned based on the underlying securities in each portfolio. Morningstar categories help investors and investment professionals make meaningful comparisons between funds. The categories make it easier to build well-diversified portfolios, assess potential risk, and identify top-performing funds. We place funds in a given category based on their portfolio statistics and compositions over the past three years. If the fund is new and has no portfolio history, we estimate where it will fall before giving it a more permanent category assignment. When necessary, we may change a category assignment based on recent changes to the portfolio.

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