Summary: 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.
Full articleSummary: Van ECK Associates Corp and other institutional investors have increased their positions in BlackRock MuniYield Fund, Inc. during the 4th quarter, as per the recent Form 13F filing. The MuniYield Fund had a solid stock performance and declared a monthly dividend.
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