General Info
About: To provide high current income exempt from federal income taxes by investing primarily more than 80% of its net assets plus the amount of any borrowings in municipal bonds, the interest on which is exempt from federal income taxes. It expects to invest 75% of its total assets in municipal obligations that are rated investment grade or unrated but are considered by the investment adviser to be of comparable quality. It may invest up to 25% of its total assets in municipal obligations that are rated below investment grade or unrated but are considered to possess similar credit characteristics.
Tags: Asset Management Financial Services
Website: http://www.blackrock.com