| BlackRock Municipal Income Fund, Inc. (MUI) Completes Conversion to Interval Fund Structure |
NEW YORK--(BUSINESS WIRE)---- $MUI--BlackRock Municipal Income Fund, Inc. (NYSE: MUI, the “Fund”) has completed the conversion from an exchange-listed closed-end fund to an unlisted continuously-offered interval fund that conducts quarterly repurchases of its shares (the “Conversion”) and will operate under the name BlackRock Municipal Credit Alpha Portfolio, Inc. (“Interval Fund”). The below table provides shareholders with information regarding the Net Asset Value (NAV) and conversion ratio for the Fu. |
businesswire.com |
2025-03-24 11:06:00 |
Czytaj oryginał (ang.) |
| BlackRock Municipal Income Fund, Inc. (MUI) Declares Final Distribution as Part of its Conversion to the Institutional Share Class (MUNEX) of BlackRock Municipal Credit Alpha Portfolio, Inc. |
NEW YORK--(BUSINESS WIRE)---- $MUI--BlackRock Municipal Income Fund, Inc. (MUI) announced a distribution today as detailed below. Shareholders will receive a final distribution from MUI to be paid March 20, 2025 representing the period March 1, 2025 through March 23, 2025. The conversion is anticipated to close on March 24, 2025, at which time MUNEX will begin a daily record & ex-date to be paid March 31, 2025. MUNEX represents the Institutional Share Class and is expected to launch with a 5.75% ann. |
businesswire.com |
2025-03-03 22:15:00 |
Czytaj oryginał (ang.) |
| BlackRock Municipal Income Fund, Inc. (MUI) Announces 2025 Repurchase Schedule and Initial Repurchase Amount in Connection with Upcoming Conversion to Unlisted Continuously-Offered Closed-End Fund |
NEW YORK--(BUSINESS WIRE)---- $MUI--BlackRock Municipal Income Fund, Inc. (NYSE: MUI, the “Fund”) is providing additional information related to the Fund's upcoming conversion from an exchange-listed closed-end fund to an unlisted continuously-offered closed-end fund that conducts quarterly repurchases of its shares (the “Conversion”) and will operate under the name BlackRock Municipal Credit Alpha Portfolio, Inc. (the “Interval Fund”). Today, the Board of Directors of MUI, (the “Board”) approved a repu. |
businesswire.com |
2025-02-28 19:00:00 |
Czytaj oryginał (ang.) |
| BlackRock Municipal Income Fund, Inc. (MUI) Delists from the NYSE in Connection with the Conversion to an Unlisted Interval Fund Structure |
NEW YORK--(BUSINESS WIRE)---- $MUI--BlackRock Municipal Income Fund, Inc. (NYSE: MUI, the “Fund”) has delisted from the New York Stock Exchange (NYSE). Please note that, effective as of the Delisting Date, the MUI Shares will no longer trade on the NYSE or any other securities exchange. The Fund is in the process of converting from an exchange-listed closed-end fund to an unlisted continuously-offered closed-end fund that conducts quarterly repurchases of its shares (the “Conversion”) and will operate u. |
businesswire.com |
2025-02-14 18:30:00 |
Czytaj oryginał (ang.) |
| BlackRock Municipal Income Fund, Inc. (MUI) Provides De-Listing and Conversion Dates for Upcoming Conversion to Unlisted Continuously-Offered Closed-End Fund |
NEW YORK--(BUSINESS WIRE)---- $MUI--BlackRock Municipal Income Fund, Inc. (NYSE: MUI, the “Fund”) is providing additional information related to the Fund's upcoming conversion from an exchange-listed closed-end fund to an unlisted continuously-offered closed-end fund that conducts quarterly repurchases of its shares (the “Conversion”) and will operate under the name BlackRock Municipal Credit Alpha Portfolio, Inc. (the “Interval Fund”). It is currently anticipated that the Conversion will take place aft. |
businesswire.com |
2024-12-23 21:30:00 |
Czytaj oryginał (ang.) |
| CEF Weekly Review: Emerging Market Debt Remains A Tricky Income Holding |
We review the CEF market valuation and performance through the third week of November and highlight recent market action. CEFs had a positive week, with most sectors gaining except for higher-quality sectors like Munis and Agencies. MLPs led month-to-date returns with double-digit gains. The Western Asset Emerging Market Debt Fund raised its distribution by 4%, but its 70% coverage ratio makes it less appealing. |
seekingalpha.com |
2024-12-01 00:47:56 |
Czytaj oryginał (ang.) |
| BlackRock Municipal Income Fund, Inc. (MUI) Announces Final Results of Tender Offer |
NEW YORK--(BUSINESS WIRE)---- $MUI--BlackRock Advisors, LLC (“BlackRock”) announced today the final results of BlackRock Municipal Income Fund, Inc. (NYSE: MUI, the “Fund”) tender offer (a “Tender Offer”) for up to 50% of its outstanding common shares (the “Shares”). The Tender Offers, which expired at 5:00 p.m. Eastern time on November 15, 2024, was oversubscribed. Therefore, in accordance with the terms and conditions of the Tender Offer, the Fund will purchase Shares from all tendering shareholders o. |
businesswire.com |
2024-11-18 23:33:00 |
Czytaj oryginał (ang.) |
| BlackRock Municipal Income Fund, Inc. (MUI) Expiration and Preliminary Results of Tender Offer |
NEW YORK--(BUSINESS WIRE)---- $MUI--BlackRock Advisors, LLC (“BlackRock”) announced today the expiration and preliminary results of BlackRock Municipal Income Fund, Inc. (NYSE: MUI, the “Fund”) tender offer (a “Tender Offer”) for up to 50% of its outstanding common shares (the “Shares”). The Tender Offer commenced on October 15, 2024 and expired at 5:00 p.m. Eastern time on November 15, 2024. Based on preliminary information, the number of Shares properly tendered for the Fund and not withdrawn is noted. |
businesswire.com |
2024-11-15 22:06:00 |
Czytaj oryginał (ang.) |
| BlackRock Municipal Income Fund, Inc. (MUI) Announces Tender Offer in Conjunction with Conversion to an Unlisted Closed-End Interval Fund Structure |
NEW YORK--(BUSINESS WIRE)---- $MUI--BlackRock Advisors, LLC (“BlackRock”) announced today that on October 15, 2024, BlackRock Municipal Income Fund, Inc. (NYSE: MUI, the “Fund”) will commence a tender offer to purchase up to 50% of the Fund's outstanding common shares at a price per share equal to 98% of the Fund's net asset value (“NAV”) per common share, as described in further detail below (the “Tender Offer”). The Tender Offer will expire on November 15, 2024 at 5:00 p.m. Eastern Time, unless otherw. |
businesswire.com |
2024-10-08 20:30:00 |
Czytaj oryginał (ang.) |
| BlackRock Announces Results of Shareholder Vote at Special Meeting Relating to BlackRock Municipal Income Fund, Inc. (MUI) Conversion to Unlisted Closed-End Interval Fund Structure |
NEW YORK--(BUSINESS WIRE)---- $MUI--BlackRock Advisors, LLC announced today that, at a special meeting of shareholders of BlackRock Municipal Income Fund, Inc. (NYSE: MUI, the “Fund”), shareholders approved the proposals necessary for the conversion of the Fund from an exchange-listed, closed-end fund to an unlisted closed-end fund that conducts periodic repurchases of its shares pursuant to Rule 23c-3 under the Investment Company Act of 1940 (the “Conversion”). The Conversion is currently expected to o. |
businesswire.com |
2024-09-30 21:00:00 |
Czytaj oryginał (ang.) |
| Board of BlackRock Municipal Income Fund, Inc. (MUI) Approves Conversion to Unlisted Closed-End Interval Fund Structure |
NEW YORK--(BUSINESS WIRE)---- $MUI--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 unlisted closed-end fund that conducts periodic repurchases of its shares pursuant to Rule 23c-3 under the Investment Company Act of 1940 (the “Conversion”). As previously announced, the Fund will, subject to receiving share. |
businesswire.com |
2024-06-07 20:30:00 |
Czytaj oryginał (ang.) |
| CEF Weekly Review: Are Discounts Good Or Bad? |
We review CEF market valuation and performance through the second week of May and highlight recent market action. CEFs had a strong week, with all sector NAVs moving higher, particularly MLPs and Utilities. CEF activists criticize wide discounts, but discounts can also provide implicit leverage and offset management fees. |
seekingalpha.com |
2024-05-19 00:00:00 |
Czytaj oryginał (ang.) |
| This 5.5% Dividend Just Exploded, Walloped Stocks |
Every now and then in income investing, we get a sweet setup where a “boring” high yielder absolutely soars—practically overnight. |
forbes.com |
2024-05-14 12:21:00 |
Czytaj oryginał (ang.) |
| BlackRock Municipal Income Fund, Inc. (MUI) Announces Tender Offer Contingent Upon Approval of Conversion of MUI to Unlisted Closed-End Interval Fund Structure |
NEW YORK--(BUSINESS WIRE)---- $MUI--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 a tender offer to repurchase 50% of the Fund's outstanding common shares at a price per share equal to 98% of the Fund's net asset value per common share determined following the expiration of the tender offer (the “Tender Offer”). The Tender Offer is contingent on obtaining all approvals for the. |
businesswire.com |
2024-05-03 22:05:00 |
Czytaj oryginał (ang.) |
| Weekly CEF Commentary | March 3, 2024 | PDX Makes The Change |
Markets were flat, but upcoming events like the jobs report, PMIs, and ECB meeting are important. |
seekingalpha.com |
2024-03-08 11:00:00 |
Czytaj oryginał (ang.) |
| Distribution Dates and Amounts Announced for Certain BlackRock Closed-End Funds |
NEW YORK--(BUSINESS WIRE)--Certain BlackRock closed-end funds (the “Funds”) announced distributions today as detailed below. Municipal Funds: Declaration- 3/1/2024 Ex-Date- 3/14/2024 Record- 3/15/2024 Payable- 4/1/2024 National Funds Ticker Distribution Change From Prior Distribution BlackRock Municipal Income Quality Trust* BYM $0.052500 - BlackRock Long-Term Municipal Advantage Trust* BTA $0.043500 - BlackRock MuniAssets Fund, Inc.* MUA $0.055500 - BlackRock Municipal Income Fund, Inc. |
businesswire.com |
2024-03-01 18:30:00 |
Czytaj oryginał (ang.) |
| Distribution Dates and Amounts Announced for Certain BlackRock Closed-End Funds |
NEW YORK--(BUSINESS WIRE)--Certain BlackRock closed-end funds (the “Funds”) announced distributions today as detailed below. BlackRock Floating Rate Income Trust (NYSE: BGT), BlackRock Floating Rate Income Strategies Fund, Inc. (NYSE: FRA) and BlackRock Debt Strategies Fund, Inc. (NYSE: DSU) announced increases to their monthly distributions. Certain BlackRock municipal Funds previously declared their December, January and February distributions and declared special distributions today in order. |
businesswire.com |
2023-12-05 19:00:00 |
Czytaj oryginał (ang.) |
| Weekly Closed-End Fund Roundup: Saba Continues CEF Battles (July 2, 2023) |
18 out of 22 CEF sectors positive on price, and 11 out of 22 sectors positive on NAV last week. Saba files lawsuits against 16 CEFs, seeking to invalidate share control provisions. The battle is heating up. |
seekingalpha.com |
2023-07-14 10:04:57 |
Czytaj oryginał (ang.) |
| CORRECTING and REPLACING BlackRock Closed-End Fund Share Repurchase Program Update |
NEW YORK--(BUSINESS WIRE)--Please replace the release dated April 11, 2023, with the following corrected version due to changes in the table, "Summary of share repurchase activity since Repurchase Program inception as of March 31, 2023". |
businesswire.com |
2023-04-14 20:30:00 |
Czytaj oryginał (ang.) |
| BlackRock Announces Fiscal Year End Changes for Certain Municipal Closed-End Funds |
NEW YORK--(BUSINESS WIRE)--BlackRock Advisors, LLC (“BlackRock”) announced today a change to the fiscal year end (“FYE”) for each Fund listed below. These changes were made to reduce operating costs for the Funds and will be effective as of July 31, 2022. Ticker (NYSE) Fund Current FYE New FYE BKN BlackRock Investment Quality Municipal Trust, Inc. 4/30 7/31 BTA BlackRock Long-Term Municipal Advantage Trust 4/30 7/31 MUA BlackRock MuniAssets Fund, Inc. 4/30 7/31 MUI BlackRock Municipal Income Fu |
businesswire.com |
2022-06-03 20:30:00 |
Czytaj oryginał (ang.) |
| BlackRock Muni Intermediate Duration Fund, Inc. Announces Investment Policy Update and Name Change |
NEW YORK--(BUSINESS WIRE)--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, effective October 1, 2021, of the Fund's non-fundamental policy to maintain a dollar-weighted average portfolio duration, as calculated by BlackRock, of three to ten years. In connection with this investment policy chan |
businesswire.com |
2021-09-27 22:00:00 |
Czytaj oryginał (ang.) |
| Weekly Closed-End Fund Roundup: June 21, 2020 |
4 out of 23 CEF sectors positive on price and 6 out of 23 sectors positive on NAV last week. MLPs lead while commodities lag. Preferreds have the highest sector |
seekingalpha.com |
2020-06-30 13:40:33 |
Czytaj oryginał (ang.) |
| The Reopening Killed The V-Shaped Recovery |
This is a weekly series focused on analyzing the previous week’s economic data releases. The objective is to concentrate on leading indicators of economic activ |
seekingalpha.com |
2020-06-29 11:43:33 |
Czytaj oryginał (ang.) |
| Weekly Closed-End Fund Roundup: June 14, 2020 |
Risk-off week as 4 out of 23 CEF sectors positive on price and 6 out of 23 sectors positive on NAV last week. Munis lead while MLPs lag. Big cuts to KYN/KMF. |
seekingalpha.com |
2020-06-23 11:49:09 |
Czytaj oryginał (ang.) |