Blackrock Munivest Fund Ii, Inc. Reports Earnings Results for the Half Year Ended October 31, 2020
January 06, 2021 at 12:21 pm
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BlackRock MuniVest Fund II, Inc. announced earnings results for the half year ended October 31, 2020. For the half year, the company announced total revenue was USD 10.318 million. Net income was USD 34.415 million.
BlackRock MuniVest Fund II, Inc. (the Fund) is a closed-end management investment company. The Fund focuses on investing at least 80% of its assets in municipal bonds exempt from United States (U.S.) federal income taxes. The Fund invests, under normal market conditions, at least 75% of its assets in municipal bonds that are rated investment grade or, if unrated, are deemed to be of comparable quality by the investment adviser at the time of investment and invests primarily in long-term municipal bonds with a maturity of more than ten years at the time of investment. The Fund may invest directly in such securities or synthetically through the use of derivatives. The Company invests in various sectors, such as transportation, utilities, health, state, tobacco, education, corporate and housing. The Fundâs investment advisor is BlackRock Advisors, LLC.
BLACKROCK MUNIVEST FUND II, INC. 
