MVT News and Press, Blackrock MuniVest Fund II Inc. From 06/25/20

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By Daryl Clements Caught in the COVID-19 economic downdraft, the municipal market suffered unprecedented volatility in March. Since then, however, demand for higher-grade municipal bonds has soared, driving the Bloomberg Barclays AAA Municipal Index up 11% between its March 23 low and May ...

By Mark Paris, Chief Investment Officer, Head of Municipal Strategies, Invesco Fixed Income , and Timothy Spitz, Product Director We examine the state of the municipal bond market over the past few months. The municipal bond market has seen a nice recovery in investment-grade names ...

Since the start of the drawdown, the CEF market has experienced a wave of distribution cuts driven by deleveraging and falls in asset prices. With most of the June distribution announcements in the bag, we take a look at how various sectors have fared since the end of the drawdown. The main ...

By David Ambler, Matthew Norton Default rates by municipal bond issuers have been remarkably low over the years. It's an impressive track record, and it explains why defaults by municipal issuers Puerto Rico and Detroit have made front-page news when they happen-they're actually quite rare...

By Patricia Healy, CFA, Senior Vice President of Research and Portfolio Manager Municipalities derive their revenues from many sources. At the state level, sales taxes, personal income taxes, and corporate taxes are the largest sources of revenue; and there are other taxes and fees that st...

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With the market moving past the 3-month anniversary of its pre-drawdown top and the 2-month anniversary of the trough, we thought it would be timely to zoom out a bit and take a big picture view of where we have been and where we are now in the CEF market. In aggregate, the market has retrac...

During periods of economic uncertainty, near-term decisions can determine the nature and durability of the recovery that drives long-term credit quality. I believe there is some cause for optimism for recovery in the municipal bond market. There may be many bumps in the road, but fears of many...

As the market has stabilized over the last few weeks due, in large part, to fiscal and monetary support income investors may be casting a wider eye over the credit asset space. In this article we take a look at the yield opportunities on offer in the credit space. Our takeaway is that the cr...