BlackRock MuniAssets Fund, Inc. Announces Monthly Dividend, Payable on May 1, 2018
April 02, 2018 at 05:30 pm EDT
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BlackRock MuniAssets Fund, Inc. announced monthly dividend of $0.054500, payable on May 1, 2018 with record date of April 16, 2018 and ex-date of April 13, 2018.
BlackRock MuniAssets Fund, Inc. (the Fund) is a closed-end management investment company. The Fund's investment objective is to provide high current income exempt from federal income taxes by investing primarily in a portfolio of medium- to lower-grade or unrated municipal obligations. The Fund seeks to achieve its investment objective by investing, under normal market conditions, at least 80% of its assets in municipal bonds exempt from federal income taxes. The Fund invests approximately 65% of its assets in municipal bonds that are rated in the medium to lower categories by nationally recognized rating services (Baa or lower by Moody's Investors Service, Inc. (Moody's) or BBB or lower by Standard & Poor's Corporation (S&P)) or securities, which are of comparable quality. The Fund invests in a range of sectors, including health, transportation, tobacco, education, utilities, state, corporate, and housing. Investment adviser of the Fund is BlackRock Advisors, LLC.
BLACKROCK MUNIASSETS FUND, INC. 
