Price Chart

Key Stats

Net Expense Ratio Discount or Premium to NAV Total Assets Under Management 30-Day Average Daily Volume
2.52% -13.81% 1.593B 136499.1
Dividend Yield Turnover Ratio 1 Year Fund Level Flows Max Drawdown (Since Inception)
2.90% 13.00% -42.28M Upgrade

Basic Info

Investment Strategy
To provide current income exempt from regular U.S. federal income tax (but which may be subject to the federal alternative minimum tax in certain circumstances) and to return $25.00 per common share to holders of common shares on or about December 31, 2030. The Trust seeks to achieve its investment objectives by investing at least 80% of its assets in municipal bonds exempt from U.S. federal income taxes. The Trust invests at least 80% of its assets in municipal bonds that are investment grade quality, or are considered by the Trust’s investment adviser to be of comparable quality, at the time of investment.
General
Security Type Closed-End Fund
Equity Style --
Fixed Income Style --
Broad Asset Class Municipal Bond
Broad Category Fixed Income
Category Name Muni Target Maturity
Category Index Bloomberg Municipal TR USD
Global Category Name US Municipal Fixed Income
YCharts Categorization US Municipal Bond
YCharts Benchmark Bloomberg Municipal Bond (^BBMBTR)
Prospectus Objective Income
Fund Owner Firm Name BlackRock
Prospectus Benchmark Index
Bloomberg Municipal Bond TR USD 100.0%
Broad Asset Class Benchmark Index
^BBMBTR 100.0%
Manager Tenure
Michael Kalinoski 11.60 yrs
Phillip Soccio 11.60 yrs
Christian Romaglino 1.68 yrs
Walter O'Connor 1.68 yrs
Kevin Maloney 1.09 yrs
Kristi Manidis 1.09 yrs

Performance Versus Category

 
20%
15%
10%
5%
0
View Category Returns. Upgrade now.
Name
1M
3M
YTD
1Y
3Y
5Y
10Y
15Y
Total Return (Price)
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Total Return (NAV)
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Category Rtn. (NAV)
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% Rank in Cat (NAV)
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As of April 18, 2024. Returns for periods of 1 year and above are annualized.

Annual Total Returns Versus Peers

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Name
2017
2018
2019
2020
2021
2022
2023
YTD
6.52%
-4.63%
21.86%
9.49%
3.94%
-15.15%
0.76%
-1.00%
5.45%
1.28%
7.54%
5.21%
1.52%
-8.53%
6.40%
-1.44%
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--
-2.58%
2.12%
-7.21%
23.41%
4.10%
0.09%
-21.16%
2.11%
0.46%
8.08%
-5.45%
20.68%
0.20%
8.07%
-23.69%
2.04%
-1.80%
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--
--
--
--
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1.88%
1.87%
As of April 18, 2024.

Asset Allocation

As of December 31, 2023.
Type % Net % Long % Short
Cash 0.37% Upgrade Upgrade
Stock 0.00% Upgrade Upgrade
Bond 99.63% Upgrade Upgrade
Convertible 0.00% Upgrade Upgrade
Preferred 0.00% Upgrade Upgrade
Other 0.00% Upgrade Upgrade

Basic Info

Investment Strategy
To provide current income exempt from regular U.S. federal income tax (but which may be subject to the federal alternative minimum tax in certain circumstances) and to return $25.00 per common share to holders of common shares on or about December 31, 2030. The Trust seeks to achieve its investment objectives by investing at least 80% of its assets in municipal bonds exempt from U.S. federal income taxes. The Trust invests at least 80% of its assets in municipal bonds that are investment grade quality, or are considered by the Trust’s investment adviser to be of comparable quality, at the time of investment.
General
Security Type Closed-End Fund
Equity Style --
Fixed Income Style --
Broad Asset Class Municipal Bond
Broad Category Fixed Income
Category Name Muni Target Maturity
Category Index Bloomberg Municipal TR USD
Global Category Name US Municipal Fixed Income
YCharts Categorization US Municipal Bond
YCharts Benchmark Bloomberg Municipal Bond (^BBMBTR)
Prospectus Objective Income
Fund Owner Firm Name BlackRock
Prospectus Benchmark Index
Bloomberg Municipal Bond TR USD 100.0%
Broad Asset Class Benchmark Index
^BBMBTR 100.0%
Manager Tenure
Michael Kalinoski 11.60 yrs
Phillip Soccio 11.60 yrs
Christian Romaglino 1.68 yrs
Walter O'Connor 1.68 yrs
Kevin Maloney 1.09 yrs
Kristi Manidis 1.09 yrs

Top Portfolio Holders

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