Summary: Commonwealth Equity Services LLC increased its holdings in BlackRock MuniAssets Fund, Inc. by 42.0% during the 1st quarter. Other hedge funds have also made changes to their positions in the company. BlackRock MuniAssets Fund announced a monthly dividend.
Full articleSummary: BlackRock Closed-End Funds announced implementation of voluntary management fee waivers, effective May 1, 2024, to increase tax-exempt income to shareholders. The waiver includes an additional one-time $2 million in management/advisory fees.
Full articleSummary: BlackRock closed-end funds announced the implementation of voluntary management fee waivers to increase tax-exempt income to shareholders by waiving management fees, led by R. Glenn Hubbard, Chair of the Board. BlackRock will waive fees if certain conditions are met and will provide updates on the Funds' performance monthly.
Full articleSummary: BlackRock announced a management fee waiver for certain closed-end funds effective May 1, 2024, to increase tax-exempt income to shareholders. The waiver includes waiving an additional one-time $2 million in management/advisory fees pro-rata across the funds.
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