General Info
About: To provide shareholders with as high a level of current income exempt from federal income taxes by investing primarily in a portfolio of long-term, investment-grade municipal obligations, the interest on which is exempt from federal income tax. It intends to maintain at least 75% of its total assets in municipal bonds that are rated investment grade or, if unrated, are considered by the Investment Adviser to be of comparable quality. It may invest up to 25% of total assets in municipal bonds rated below investment grade or unrated but considered to be of comparable quality.
Tags: Asset Management Financial Services
Website: http://www.blackrock.com