BBF News and Press, BlackRock Municipal Income Investment Trust From 05/06/21

Diversification remains key. Flexible strategies can also take advantage of a more uncertain yield and spread environment. We continue to find reasonable opportunity in both public and private credit markets. We find value in non-agency mortgages and prefer cyclicals to growth sto...

Action at the state and local levels could help drive demand for municipal bonds. The 2017 Trump tax cuts dramatically impacted the buying behavior of individual and corporate taxpayers (banks and insurance companies) in very distinct ways. In our view, passage of President Biden'...

U.S. infrastructure-themed ETFs have seen assets under management grow more than eightfold over that time frame as a result of positive flows. The focus on clean energy initiatives in the bill, combined with this administration's broader climate agenda, could also prove beneficial to ...

The fixed income world is beginning to undergo a multiyear transition as aggressive monetary accommodation and government spending across key economies drive higher near-term economic growth rates. The result could be a shift to higher real rates as output gaps narrow, as well as mode...

BlackRock Advisors, LLC today announced that the reorganizations of each of The BlackRock Strategic Municipal Trust (“BSD”, CUSIP: 09248T109), BlackRock MuniYield Investment Quality Fund (“MFT”, CUSIP: 09254T100), BlackRock Municipal Income Investment Trust (...

The recent passage of US President Joe Biden's $1.9 trillion COVID-19 relief package, "The American Rescue Plan Act of 2021," not only includes checks for individuals, but also allocates funds for state and local governments. The new relief package allots $195.3 billion for states, te...

Are we going to go back to the past, as economies around the world open and vaccinations and herd immunity take hold? At Cumberland Advisors, we see less near-term municipal credit risk, but we are a little cautious of weaker sectors and regions that may not receive aid or that have h...

BlackRock Advisors, LLC today announced the declaration of a special distribution for The BlackRock Strategic Municipal Trust (NYSE: BSD), BlackRock MuniYield Investment Quality Fund (NYSE: MFT), BlackRock Municipal Income Investment Trust (NYSE: BBF), and BlackRock Municipal Income Tru...

BlackRock Municipal Income Investment Trust (BBF) had declared $0.0505/share monthly dividend, in line with previous.Payable April 1; for shareholders of record March 15; ex-div March 12.See BBF Dividend Scorecard, Yield Chart, & Dividend Growth. For further details see: BlackR...

Rising interest rates drove negative muni bond performance in February. Rich muni bond valuations recalibrated, considerably re-setting muni-to-Treasury ratios. As markets often overcorrect, a continued sell-off could create an attractive buying opportunity. For further deta...