BlackRock Closed-End Funds Announce Distributions
Municipal Funds
BlackRock Municipal Income Fund, Inc. (MUI)
Today, BlackRock Municipal Income Fund, Inc. declared a distribution with an ex-date of 2/14/2025 and a payable date of 2/26/2025. Shareholders will receive a distribution of $0.055000 per share in cash. Additionally, MUI will be delisted from the NYSE on February 14, 2025.
National Funds
There are no changes to the distributions for the National Funds at this time.
How This Announcement Will Impact You
As an investor in BlackRock Municipal Income Fund, Inc., you can expect to receive a cash distribution per share. However, please note that MUI will be delisted from the NYSE, which could impact trading of the fund.
How This Announcement Will Impact the World
The delisting of BlackRock Municipal Income Fund, Inc. from the NYSE may have wider implications for the financial industry as it represents a significant change in the market. Investors and financial analysts will be closely monitoring the effects of this decision.
Conclusion
In conclusion, the distributions announced today by BlackRock closed-end funds, particularly the delisting of MUI from the NYSE, will have implications for both individual investors and the broader financial market. It is important to stay informed and monitor any developments related to these funds.