BlackRock MuniAssets Fund, Inc. Announces Monthly Special Distribution, Payable on December 31, 2020
December 04, 2020 at 04:30 pm EST
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BlackRock MuniAssets Fund, Inc. announced monthly special distribution of taxable net investment income of $0.008720 per share. The record date is December 15, 2020, ex-date is December 14, 2020 and dividend will be payable on December 31, 2020.
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. 
