General Info
About: To provide as high a level of current income exempt from federal income taxes by investing at least 80% of its net assets (including preferred stock), plus the amounts of any borrowings for investment purposes, in a portfolio of municipal bonds the interest on which is excludable from gross income for Federal income tax purposes. It invests in a portfolio of municipal bonds which are rated in the three highest quality rating categories (A or better) or, if unrated, are considered by the Investment Adviser to be of comparable quality. It may invest in certain tax exempt securities classified as private activity bonds.
Tags: Asset Management Financial Services
Website: http://www.blackrock.com