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BlackRock MuniVest Fund (MVF)

National Muni Bond Funds - National Municipal (tax-free) Bond

Data as of Sept. 20, 2023
Market Price $6.42 (+ $0.02)
NAV (Sept. 20, 2023) $7.60 ( $0.00)
Fund Listed NYSE MKT
Premium / Discount -15.53% (+0.26%)
Fund Info
Inception Sept. 23, 1988
Sponsor BlackRock Advisors
Phone 1-800-882-0052
Location Delaware
Incorporated Maryland (Subject to the Maryland Act)
Staggered Board Yes
Term Date N/A
Objective: Current income exempt from federal income taxes; long term, investment grade municipal obligations
Related Indexes
National Municipal Bond Index
Discount CEF/BDC Index
Capital & Leverage
Outstanding Shares 63,911,320
Total Assets (Reported: Jan. 31, 2023) $815M
Estimated Total Assets $751M
Net Assets $486M
Market Cap $410M
Portfolio Turnover 28.00%
Total Leverage 35.35%
Structural Leverage (out of total) 91.80%
Portfolio Leverage (out of total) 8.20%
Expense Ratio 2.88%
Non Lev Exp Ratio 0.87%
Rel Lev Cost 3.64%
Discount Data
Average Discount (3 Yr) -8.64%
Discount Low(3 Yr) -16.01%
Discount High(3 Yr) -1.59%
Discount Rel Range (3 Yr) 3.36%
Comp Discount -3.20
Discount St Dev (1Yr) 1.67
Z-Stat (6mo) -1.63
Z-Stat (1Yr) -1.58
Z-Stat (3Yr) -1.94
Comp Z-Stat (6mo) -0.13
Comp Z-Stat (3Yr) -0.30
Distribution Data
Market Yield 3.93%
Income Yield 3.93%
Lev Adj NAV Yield 2.45%
Distribution Frequency M
Current Distribution $0.021
Current Income $0.021
Ex-Date 9/14/23
Payable Date 10/2/23
Div Growth (3yr) -37.31%
Dividend Change -20.8% on 12/6/22
Expected Div 10/2/23
RoC (1yr) 4.60%
RoC (3yr) 2.82%
Volume & Liquidity
Average Daily $ (K) $716
Avg Volume 30 day 134,911
Avg Volume 90 day 111,557
Volume Trend 20.93%
Comp Volume Trend 8.17%
Correlation & Volatility
Price Correlation (1yr)
vs. S&P 500 (TR)
Price Correlation (1yr)
vs. CEFA's 12 Major CEF Sectors Index
Price Correlation (1yr)
vs. CEFA's National Municipal Bond Index
Most Correlated Peer (Mk Pr): VMO 94.0%
NAV - Price Correlation (30 d) 72.2%
NAV - Price Correlation (90 d) 96.5%
NAV - Price Correlation (1 Yr) 75.4%
Price St Dev (1Yr) 11.3%
NAV St Dev (1Yr) 6.4%
Earnings / Share (7/31/23) $0.021
Earn Coverage 101.43%
Earnings Trend Up
UNII / Share (7/31/23) $0.000
Rel UNII 0.00
UNII Trend Up
Bond Specific Data
Maturity 21.82
Duration 10.96
Credit Rating (rbo) AA
Investment Grade 85.54%
Non Investment Grade 6.20%
Unrated Bonds 8.26%
Average Bond Price 104.47
Discount vs Price -11.06
Coupon 4.44%
Zero Coupon 1.84%
AMT 10.82%
AMT Yield 3.81%
Bond Calls Risk 8.56%
NAV Beta (2yr)
vs. S&P 500 (TR)
NAV Beta (2yr)
vs. CEFA's 12 Major CEF Sectors Index
NAV Beta (2yr)
vs. CEFA's National Municipal Bond Index

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NOTES: Distribution type sourced from For specific information about a fund's distribution sources, visit the fund sponsor's website.

The following information applies to closed-end funds and business development companies in general: Fund shares are not guaranteed or endorsed by any bank or other insured depository institution, and are not federally insured by the Federal Deposit Insurance Corporation (FDIC). Shares of closed-end funds (CEFs) and business development companies (BDCs) are subject to investment risks, including the possible loss of principal invested. There can be no assurance that fund objectives will be achieved. Closed-end funds and business development companies frequently trade at a discount to their net asset value. NAV returns are net of fund expenses, and assume reinvestment of distributions.

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