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Blackrock Muni Assets Fund, Inc. - MUA STOCK NEWS

Welcome to our dedicated page for Blackrock Muni Assets Fund news (Ticker: MUA), a resource for investors and traders seeking the latest updates and insights on Blackrock Muni Assets Fund stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Blackrock Muni Assets Fund's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Blackrock Muni Assets Fund's position in the market.

Rhea-AI Summary

BlackRock Advisors, LLC has announced the successful pricing and placement of $175 million in Variable Rate Demand Preferred Shares (VRDP) for BlackRock MuniAssets Fund, Inc. (NYSE: MUA). The issuance, consisting of 1,750 shares with a liquidation preference of $100,000 each, aims to enhance the Fund's leverage and is expected to be accretive to earnings. The VRDP is rated Aa2 and is part of an offering exempt from registration under the Securities Act of 1933.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.79%
Tags
none

FAQ

What is the current stock price of Blackrock Muni Assets Fund (MUA)?

The current stock price of Blackrock Muni Assets Fund (MUA) is $11.07 as of April 16, 2024.

What is the market cap of Blackrock Muni Assets Fund (MUA)?

The market cap of Blackrock Muni Assets Fund (MUA) is approximately 425.6M.
Blackrock Muni Assets Fund, Inc.

NYSE:MUA

MUA Rankings

MUA Stock Data

425.60M
38.44M
21.93%
0.31%
Asset Management
Financial Services
Link
United States of America
New York