BlackRock MuniAssets Fund, Inc. logo

BlackRock MuniAssets Fund, Inc. (MUA)

Market Closed
16 Oct, 08:00 PM
NYSE NYSE
$
9. 44
+0.04
+0.4255%
$
355.18M Market Cap
0.55% Div Yield
316,458 Volume
$ 9.4
Previous Close
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Day Range
9.41 9.48
Year Range
9.13 11.26
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MUA Rights Offering Quick Notes

MUA Rights Offering Quick Notes

BlackRock MuniAssets Fund announces a transferable rights offering with a 1-for-3 ratio, expiring August 20, 2026. The subscription price is set at the higher of 95% of market price or 90% of NAV, capping dilution at a 10% discount. Offering expenses are fully covered by the adviser, aligning management with shareholders and minimizing fund impact.

Seekingalpha | 2 months ago