BlackRock MuniHoldings Fund, Inc. Reports Earnings Results for the Half Year Ended January 31, 2023
April 05, 2023 at 10:50 am EDT
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BlackRock MuniHoldings Fund, Inc. reported earnings results for the half year ended January 31, 2023. For the half year, the company reported revenue was USD 24.57 million. Net loss was USD 11.68 million.
BlackRock MuniHoldings Fund, Inc. (the Fund) is a closed-end management investment company. The Fund's investment objective is to provide shareholders with current income exempt from United States federal income taxes. The seeks to achieve its investment objective 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 at least 80% of its assets in municipal bonds exempt from United States federal income taxes. The Fund invests at least 75% of its assets in municipal bonds that are rated in the medium to lower rating categories. The Fund may invest directly in such securities or synthetically through the use of derivatives. The Fund invests in various sectors, such as transportation, health, utilities, education, tobacco, corporate, and housing, among others. BlackRock Advisors, LLC is the Fund's investment advisor.