Previous 10 | Next 10 |
Interest in municipal closed-end funds (CEFs) vs. municipal bonds often stems from higher return potential - this is mostly due to the use of leverage in municipal closed-end funds. Leverage could potentially amplify both the fund's net asset value (NAV) and its distribution; however,...
We review CEF market valuation and performance over the last week of September and highlight recent market events. After a string of positive returns, the CEF space finished September in the red as both NAVs and discounts moved lower with shorter-duration credit sectors outperforming....
BlackRock Advisors, LLC (“BlackRock”) announced today an investment policy update and name change for BlackRock Muni Intermediate Duration Fund, Inc. (the “Fund”) (NYSE: MUI, CUSIP:09253X102). The Fund’s Board of Directors has approved the elimination,...
BlackRock Advisors, LLC announced today that the Boards of Directors/Trustees of BlackRock MuniHoldings Investment Quality Fund (NYSE: MFL) and BlackRock Muni Intermediate Duration Fund, Inc. (to be renamed “BlackRock Municipal Income Fund, Inc." effective October 1, 2021) (NYSE:...
Modestly negative performance in August capped a robust summer seasonal period. Issuance exceeded expectations, resulting in less of a supply/demand imbalance than is typical. We maintain a defensive posture into the historically less favorable month of September. For furthe...
Rallying interest rates drove strong muni bond performance in July. Market dynamics remained seasonally favorable, with demand for munis broadly outpacing supply. A more defensive posture may be warranted ahead of elevated risks in the fall. For further details see: Muni...
From January 1995 through June 2021, Treasury rates rose more than half a percentage point over a two-month period at a frequency of nearly 9%. Simply put, when money sleeps, it stops working for you. As a muni investor, you need your money to work hard. For further details ...
23 out of 23 CEF sectors positive on price and 23 out of 23 sectors positive on NAV last week as election volatility subsides. NHF tender offer begins, with an expiration date of December 10, 2020. We discuss RIV's rights offering results in a separate report. For further de...
BlackRock Muni Intermediate Duration Fund (MUI) declares $0.054/share monthly dividend, in line with previous.Forward yield 4.62%Payable Dec. 1; for shareholders of record Nov. 16; ex-div Nov. 13.See MUI Dividend Scorecard, Yield Chart, & Dividend Growth. For further details see: Bl...
The boards of directors (the “Board”) of the BlackRock closed-end funds listed in the below table (each a “Fund” and collectively, the “Funds”) announced that each Fund has elected to be subject to the Maryland Control Share Acquisition Act (the...
News, Short Squeeze, Breakout and More Instantly...
Blackrock Muni Intermediate Duration Fund Inc Company Name:
MUI Stock Symbol:
NYSE Market:
2024-06-23 08:42:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...
BlackRock Advisors, LLC (“BlackRock”) announced today that the Board of Directors (the “Board”) of BlackRock Municipal Income Fund, Inc. (NYSE: MUI, the “Fund”) has approved the conversion of the Fund from an exchange-listed, closed-end fund to an unliste...
2024-05-22 18:54:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...