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BlackRock MuniVest Fund, Inc.’s (the Fund) is a non-diversified, closed-end management investment company. The Fund's investment objective is to provide shareholders with as high a level of current income exempt from federal income taxes as is consistent with its investment policies and prudent investment management. It seeks to achieve its investment objective by investing at least 80% of an aggregate of the Fund’s net assets and the proceeds of any borrowing for investment purposes, in municipal obligations exempt from federal income taxes. The Fund invests in long-term municipal obligations rated investment grade at the time of investment and in long-term municipal obligations with maturities of over 10 years. It may invest up to 20% of its total assets in securities rated below investment grade at the time of purchase. It may invest directly in such securities or synthetically through the use of derivatives. The investment advisor of the Fund is BlackRock Advisors, LLC.
Find out what a historical investment in BLACKROCK MUNIVEST FUND would be worth today using our MVF stock calculator.
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