BBK News and Press, Blackrock Municipal Bond Trust From 10/01/20

BlackRock Municipal Bond Trust (BBK) declares $0.065/share monthly dividend, 6.6% increase from prior dividend of $0.061.Forward yield 5.13%Payable Nov. 2; for shareholders of record Oct. 15; ex-div Oct. 14.See BBK Dividend Scorecard, Yield Chart, & Dividend Growth. For further details ...

BlackRock Advisors, LLC announced today that the Boards of Directors/Trustees of sixty two BlackRock municipal, taxable fixed-income, and equity closed-end funds (the “Funds”) have authorized the renewal of open market share repurchase programs (the “Repurchase Prog...

In U.S. high yield bonds we find the riskiest of credits. I have some concerns about municipal bonds and am particularly concerned about municipal pension bonds. Our 'Borrower's Paradise' is also good news for many leveraged ETFs and closed-end funds. For further details see...

" Municipal bond investors have to share the burden in state bailouts " writes my colleague Josh Rauh, and he is exactly right. Background: State and local governments borrowed a lot of money and blew it. They borrowed further by not funding their pensions. Now Covid comes along, people are ...

At the end of July, Moody's Investors Service released its annual municipal bond market snapshot, US municipal bond defaults and recoveries, 1970-2019, with updates through 2019. The report continues to affirm two hallmark benefits offered by muni bonds. First, municipal defaults and bankruptc...

New York (September 15) - One of the more troubling admissions of Federal Reserve Chair Powell at his speech last month was his acknowledgement that "r-star" (r*), or the "natural" rate of interest, had fallen by some 50% since 2012. As Chair Powell described it: This rate (the r*rate) ...

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Author's note: This article was released to CEF/ETF Income Laboratory members on August 11, 2020. Please check latest data before investing. The Weekly Closed-End Fund Roundup will be put out at the start of each week to summarize recent price movements in closed-end fund [CEF] sectors i...

We introduced the Yield Hunting Core Income Portfolio on Seeking Alpha in the latter half of 2016. At the time the US 10-year yield hit a record low of just 1.37%. While there was still some room left for it to fall further we were nearing the end of the full cycle of interest rates. The cyc...