BlackRock MuniVest Fund Price, Forecast, Insider, Ratings, Fundamentals & Signals

New york--(business wire)---- $mvf--blackrock munivest fund, inc. (nyse: mvf, the “fund”) announced today the adoption of a discount management program (the "program"). under the terms of the program, the fund intends to offer to repurchase a portion of its common shares via tender offer if certain conditions are met during specified time periods, as detailed below. if mvf's common shares trade at an average daily discount to net asset value ("nav") of more than 7.50% during a 3-month measurement period.

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.

New york--(business wire)--blackrock advisors, llc today announced blackrock municipal income trust (nyse: bfk), blackrock investment quality municipal trust, inc. (nyse: bkn), blackrock municipal income trust ii (nyse: ble), blackrock municipal income quality trust (nyse: bym), blackrock muniholdings fund, inc. (nyse: mhd), blackrock muniyield quality fund ii, inc. (nyse: mqt), blackrock muniholdings quality fund ii, inc. (nyse: mue), blackrock munivest fund, inc. (nyse: mvf), and blackrock munivest fund ii, inc. (nyse: mvt) (collectively, the “funds”) intend to redeem a portion of their outstanding series w-7 variable rate muni term preferred shares (“vmtp shares”) on or about november 24, 2023, at a redemption price equal to the liquidation preference of $100,000 per share, together with accumulated and unpaid dividends through the day prior to the redemption date...

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".

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

The January Effect boosted the valuation of most areas of the closed-end fund market. Taxable bond CEFs have rallied strongly while leaving munis behind. We think this is an opportunity for investors for 2023, as credit spreads are likely to widen, dragging down taxable bond NAVs. We favor munis and high-quality taxables.

Risk assets continue to rebound with investors focusing on the potential of a Fed pivot given slower growth and inflation. We think we will shift from a stagflationary economic regime to a deflationary bust one. That means adding duration and quality.

We take a look at the Municipal CEF sector which has held up very well despite a rise in Treasury yields. Fundamentals remain in good shape with the fiscal stimulus feeding through and the potential infrastructure tailwind in the pipeline.

Key Themes Of The CEF Market

We look at some broad CEF trends that have developed over the past year, such as performance relative to ETFs, as well as discount weakness. In our Income Portfolios, we continue to approach CEF allocation with a margin-of-safety perspective, while also diversifying into senior securities.

The Treasury curve bear-steepened and muni yields followed higher. Moody’s: Covid-19 will result in state and local government austerity and higher leverage.

Treasury yields bear-steepened. Powell comments on desire for more inflation not immediately recognizable in yields.

At the beginning of this year, we created the Baskin Fixed Income Fund as a more efficient way to manage your fixed income investments.

Over the years, individual investors have flocked to municipal bonds to meet safety, income and after-tax return goals.

Municipal bonds issued by state and local entities fund projects across various sectors that create the foundation upon which local economies thrive.