BlackRock MuniAssets Fund, Inc.

Frequently Asked Questions About MUA

What does MUA invest in?

BlackRock MuniAssets Fund, Inc. is a closed ended fixed income mutual fund launched by BlackRock, Inc. It is managed by BlackRock Advisors, LLC. The fund invests in fixed income markets. It seeks to provide current income exempt from federal income taxes by investing primarily in a portfolio of medium-to-lower grade or unrated municipal obligations the interest on which is exempt from federal income taxes. The fund was formerly known as MuniAssets Fund, Inc. BlackRock MuniAssets Fund, Inc. was formed on June 25, 1993 and is domiciled in United States.

What is the expense ratio of MUA?

BlackRock MuniAssets Fund, Inc. (MUA) charges an expense ratio of 2.59%. This is the annual fee deducted from fund assets to cover management and operations.

What is MUA's dividend yield?

MUA's trailing-twelve-month yield is 6.34%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of MUA?

Effective duration measures MUA's sensitivity to interest-rate changes — a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. MUA's current duration is published on the fund's factsheet on the issuer's website.

What is the credit quality of MUA?

MUA's credit quality breakdown — the share of holdings rated AAA through CCC and below — is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds.

What is the yield to maturity of MUA?

Yield to maturity (YTM) is the total return you'd earn from MUA if every bond in the portfolio is held to maturity at the current price. MUA's YTM is published on the fund's factsheet on the issuer's website — it differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid.