MVT

  This morning 792 companies reached new 52-week highs.

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 (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

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.

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 (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