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Trending ETFs

Name

As of 02/21/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Vitals

YTD Return

0.5%

1 yr return

4.9%

3 Yr Avg Return

0.1%

5 Yr Avg Return

1.5%

Net Assets

$3.03 B

Holdings in Top 10

19.6%

52 WEEK LOW AND HIGH

$12.0
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.43%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 53.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$5,000,000

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 02/21/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

MKCMX - Profile

Distributions

  • YTD Total Return 0.5%
  • 3 Yr Annualized Total Return 0.1%
  • 5 Yr Annualized Total Return 1.5%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 2.02%
DIVIDENDS
  • Dividend Yield 3.2%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Blackrock California Municipal Series Trust - BlackRock California Municipal Opportunities Fund Class K
  • Fund Family Name
    BlackRock
  • Inception Date
    Jan 25, 2018
  • Shares Outstanding
    N/A
  • Share Class
    Other
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Walter O'Connor

Fund Description


MKCMX - Performance

Return Ranking - Trailing

Period MKCMX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.5% -2.2% 8.6% 3.40%
1 Yr 4.9% -0.6% 37.5% 44.85%
3 Yr 0.1%* -10.4% 2.7% 12.82%
5 Yr 1.5%* -4.9% 1103.5% 26.63%
10 Yr N/A* -0.2% 248.2% 18.73%

* Annualized

Return Ranking - Calendar

Period MKCMX Return Category Return Low Category Return High Rank in Category (%)
2023 2.1% -1.4% 41.0% 69.24%
2022 -10.5% -40.2% 0.3% 40.73%
2021 2.9% -5.6% 6.9% 2.10%
2020 -0.6% -2.6% 310.0% 98.38%
2019 3.9% 0.0% 26.0% 44.06%

Total Return Ranking - Trailing

Period MKCMX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.5% -2.2% 8.6% 3.40%
1 Yr 4.9% -0.6% 37.5% 44.85%
3 Yr 0.1%* -10.4% 2.7% 12.82%
5 Yr 1.5%* -4.9% 1103.5% 26.63%
10 Yr N/A* -0.2% 248.2% 19.40%

* Annualized

Total Return Ranking - Calendar

Period MKCMX Return Category Return Low Category Return High Rank in Category (%)
2023 5.6% -1.3% 41.0% 52.25%
2022 -8.0% -40.2% 1.1% 36.88%
2021 4.9% -4.8% 23761504.0% 3.35%
2020 1.7% -1.5% 17057.9% 92.05%
2019 5.6% 0.2% 3514.6% 70.10%

NAV & Total Return History


MKCMX - Holdings

Concentration Analysis

MKCMX Category Low Category High MKCMX % Rank
Net Assets 3.03 B 3.48 M 68.1 B 10.89%
Number of Holdings 390 2 12848 32.52%
Net Assets in Top 10 635 M -317 M 3.4 B 3.33%
Weighting of Top 10 19.62% 1.9% 100.4% 42.02%

Top 10 Holdings

  1. BlackRock Liquidity CA Money Instl 6.50%
  2. CALIFORNIA HEALTH FACS FING AUTH REV 4% 2.41%
  3. LOS ANGELES CNTY CALIF 4% 2.22%
  4. CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 4% 2.19%
  5. RIVERSIDE CNTY CALIF 2% 2.18%
  6. LOS ANGELES CNTY CALIF 4% 2.06%
  7. FREMONT CALIF UNI SCH DIST ALAMEDA CNTY 4% 2.06%
  8. LOS ANGELES CALIF 4% 2.03%
  9. CHINO BASIN CALIF REGL FING AUTH REV 4% 1.83%
  10. GOLDEN ST TOB SECURITIZATION CORP CALIF TOB SETTLEMENT REV 5% 1.71%

Asset Allocation

Weighting Return Low Return High MKCMX % Rank
Bonds
91.82% 0.00% 150.86% 94.37%
Cash
8.18% -50.86% 50.09% 4.10%
Stocks
0.00% 0.00% 99.88% 33.27%
Preferred Stocks
0.00% 0.00% 0.52% 25.67%
Other
0.00% -8.54% 33.35% 36.04%
Convertible Bonds
0.00% 0.00% 0.93% 25.64%

Bond Sector Breakdown

Weighting Return Low Return High MKCMX % Rank
Municipal
90.95% 44.39% 100.00% 91.90%
Cash & Equivalents
8.18% 0.00% 48.02% 3.46%
Corporate
0.87% 0.00% 9.41% 3.53%
Derivative
0.00% -8.54% 24.50% 32.27%
Securitized
0.00% 0.00% 5.93% 26.74%
Government
0.00% 0.00% 52.02% 31.81%

Bond Geographic Breakdown

Weighting Return Low Return High MKCMX % Rank
US
85.32% 0.00% 142.23% 97.12%
Non US
6.50% 0.00% 23.89% 1.15%

MKCMX - Expenses

Operational Fees

MKCMX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.43% 0.03% 20.65% 89.35%
Management Fee 0.37% 0.00% 1.20% 33.46%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.44% N/A

Sales Fees

MKCMX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.50% 4.75% N/A
Deferred Load N/A 0.25% 5.00% N/A

Trading Fees

MKCMX 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.

MKCMX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 53.00% 0.00% 283.00% 93.30%

MKCMX - Distributions

Dividend Yield Analysis

MKCMX Category Low Category High MKCMX % Rank
Dividend Yield 3.19% 0.00% 4.63% 27.32%

Dividend Distribution Analysis

MKCMX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Monthly Monthly Monthly

Net Income Ratio Analysis

MKCMX Category Low Category High MKCMX % Rank
Net Income Ratio 2.02% -0.53% 5.33% 45.82%

Capital Gain Distribution Analysis

MKCMX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Distributions History

View More +

MKCMX - Fund Manager Analysis

Managers

Walter O'Connor


Start Date

Tenure

Tenure Rank

Dec 31, 1993

28.43

28.4%

Walter O’Connor, CFA, is a Managing Director and Co-Head of the Municipal Funds team within BlackRock’s Global Fixed Income Group. He is also a member of the Municipal Bond Operating Committee, which oversees all municipal bond portfolio management, research and trading activities. Mr. O’Connor’s service with the firm dates back to 1991, including his years with Merrill Lynch Investment Managers (MLIM), which merged with BlackRock in 2006. At MLIM, he was a portfolio manager for municipal bond retail mutual funds. Prior to joining MLIM, Mr. O’Connor was with Prudential Securities, where he was involved in trading, underwriting, and arbitrage for municipal securities and financial futures. Mr. O’Connor earned a B.A. degree in finance and philosophy from the University of Notre Dame in 1984.

Theodore Jaeckel


Start Date

Tenure

Tenure Rank

Dec 22, 2006

15.45

15.5%

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.

Michael Kalinoski


Start Date

Tenure

Tenure Rank

Jan 26, 2015

7.35

7.4%

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.

Peter Hayes


Start Date

Tenure

Tenure Rank

Jan 26, 2015

7.35

7.4%

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.

James Pruskowski


Start Date

Tenure

Tenure Rank

Jan 26, 2015

7.35

7.4%

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 7.35 1.58