MVT

Stocks That Hit 52-Week Highs On Monday

  This morning 792 companies reached new 52-week highs.

BlackRock MuniVest Fund II declares $0.058 dividend

BlackRock MuniVest Fund II (MVT) declares $0.058/share monthly dividend, in line with previous.Forward yield 4.44%Payable June 1; for shareholders of record May 14; ex-div May 13.See MVT Dividend Scorecard, Yield

BlackRock MuniVest Fund II declares $0.0585 dividend

BlackRock MuniVest Fund II (MVT) declares $0.0585/share monthly dividend, in line with previous.Forward yield 4.57%Payable May 3; for shareholders of record April 15; ex-div April 14.See MVT Dividend Scorecard, Yield

Fitch Takes Various Rating Actions on the Preferred Shares Issued by 38 BlackRock Closed-End Funds

Muni Bond Perspectives On The 2020 Election

In years with presidential elections, we take a deeper dive into how the national election could impact state and local governments.Political risk is also an important component of our analysis, as the political party makeup of the executive and legislative branches can have a large impact on municipal bonds.We think it is unlikely we'll see any additional aid ahead of the election, but post-election we think the potential rises, particularly if Democratic nominee Joe Biden wins in the US presidential race.Regardless of the November election outcome, we are prepared to take advantage of any changes to the muni bond market where we see potential investment opportunities.

Muni Bonds Turn Toward The Election

While most polls have Vice-President Biden ahead by 6-7% points, we know the race has the potential to be much closer.A higher marginal rate should also flatten the muni yield curve over time as the demand for longer-dated paper increases because of the benefits it provides on a taxable equivalent yield.More fiscal stimulus, more deficits, and an immediate infrastructure program are all strong possibilities if we get the Blue Wave that sweeps the White House, House, and Senate all into the Democratic column.

BlackRock MuniVest Fund II increases dividend by ~5%

BlackRock MuniVest Fund II (MVT) declares $0.0585/share monthly dividend, 5.4% increase from prior dividend of $0.0555.Forward yield 5.01%Payable Nov. 2; for shareholders of record Oct. 15; ex-div Oct. 14.See MVT

Opportunities In Shadow High-Yielding Muni CEFs

The CEF market is not always particularly efficient, which offers discerning investors opportunities to make attractive strategic or tactical acquisitions.One such opportunity described here is to acquire what we call shadow high-yielders - funds that have high earnings levels but make distributions at lower rates.These funds tend to also trade at attractive discount valuations as the market takes their lower distribution levels as a proxy for low earnings levels.