BlackRock Municipal Income Fund, Inc.

MUI

Market cap $870M

NEW YORK--(BUSINESS WIRE)---- $MUI--BlackRock Municipal Income Fund, Inc. (NYSE: MUI, the “Fund”) has completed the conversion from an exchange-listed closed-end fund to an unlisted continuously-offered interval fund that conducts quarterly repurchases of its shares (the “Conversion”) and will operate under the name BlackRock Municipal Credit Alpha Portfolio, Inc. (“Interval Fund”). The below table provides shareholders with information regarding the Net Asset Value (NAV) and conversion ratio for the Fu.

NEW YORK--(BUSINESS WIRE)---- $MUI--BlackRock Municipal Income Fund, Inc. (MUI) announced a distribution today as detailed below. Shareholders will receive a final distribution from MUI to be paid March 20, 2025 representing the period March 1, 2025 through March 23, 2025. The conversion is anticipated to close on March 24, 2025, at which time MUNEX will begin a daily record & ex-date to be paid March 31, 2025. MUNEX represents the Institutional Share Class and is expected to launch with a 5.75% ann.

NEW YORK--(BUSINESS WIRE)---- $MUI--BlackRock Municipal Income Fund, Inc. (NYSE: MUI, the “Fund”) is providing additional information related to the Fund's upcoming conversion from an exchange-listed closed-end fund to an unlisted continuously-offered closed-end fund that conducts quarterly repurchases of its shares (the “Conversion”) and will operate under the name BlackRock Municipal Credit Alpha Portfolio, Inc. (the “Interval Fund”). Today, the Board of Directors of MUI, (the “Board”) approved a repu.

NEW YORK--(BUSINESS WIRE)---- $MUI--BlackRock Municipal Income Fund, Inc. (NYSE: MUI, the “Fund”) has delisted from the New York Stock Exchange (NYSE). Please note that, effective as of the Delisting Date, the MUI Shares will no longer trade on the NYSE or any other securities exchange. The Fund is in the process of converting from an exchange-listed closed-end fund to an unlisted continuously-offered closed-end fund that conducts quarterly repurchases of its shares (the “Conversion”) and will operate u.

NEW YORK--(BUSINESS WIRE)---- $MUI--BlackRock Municipal Income Fund, Inc. (NYSE: MUI, the “Fund”) is providing additional information related to the Fund's upcoming conversion from an exchange-listed closed-end fund to an unlisted continuously-offered closed-end fund that conducts quarterly repurchases of its shares (the “Conversion”) and will operate under the name BlackRock Municipal Credit Alpha Portfolio, Inc. (the “Interval Fund”). It is currently anticipated that the Conversion will take place aft.

We review the CEF market valuation and performance through the third week of November and highlight recent market action. CEFs had a positive week, with most sectors gaining except for higher-quality sectors like Munis and Agencies. MLPs led month-to-date returns with double-digit gains. The Western Asset Emerging Market Debt Fund raised its distribution by 4%, but its 70% coverage ratio makes it less appealing.

NEW YORK--(BUSINESS WIRE)---- $MUI--BlackRock Advisors, LLC (“BlackRock”) announced today the final results of BlackRock Municipal Income Fund, Inc. (NYSE: MUI, the “Fund”) tender offer (a “Tender Offer”) for up to 50% of its outstanding common shares (the “Shares”). The Tender Offers, which expired at 5:00 p.m. Eastern time on November 15, 2024, was oversubscribed. Therefore, in accordance with the terms and conditions of the Tender Offer, the Fund will purchase Shares from all tendering shareholders o.

NEW YORK--(BUSINESS WIRE)---- $MUI--BlackRock Advisors, LLC (“BlackRock”) announced today the expiration and preliminary results of BlackRock Municipal Income Fund, Inc. (NYSE: MUI, the “Fund”) tender offer (a “Tender Offer”) for up to 50% of its outstanding common shares (the “Shares”). The Tender Offer commenced on October 15, 2024 and expired at 5:00 p.m. Eastern time on November 15, 2024. Based on preliminary information, the number of Shares properly tendered for the Fund and not withdrawn is noted.

NEW YORK--(BUSINESS WIRE)---- $MUI--BlackRock Advisors, LLC (“BlackRock”) announced today that on October 15, 2024, BlackRock Municipal Income Fund, Inc. (NYSE: MUI, the “Fund”) will commence a tender offer to purchase up to 50% of the Fund's outstanding common shares at a price per share equal to 98% of the Fund's net asset value (“NAV”) per common share, as described in further detail below (the “Tender Offer”). The Tender Offer will expire on November 15, 2024 at 5:00 p.m. Eastern Time, unless otherw.

NEW YORK--(BUSINESS WIRE)---- $MUI--BlackRock Advisors, LLC announced today that, at a special meeting of shareholders of BlackRock Municipal Income Fund, Inc. (NYSE: MUI, the “Fund”), shareholders approved the proposals necessary for the conversion of the Fund from an exchange-listed, closed-end fund to an unlisted closed-end fund that conducts periodic repurchases of its shares pursuant to Rule 23c-3 under the Investment Company Act of 1940 (the “Conversion”). The Conversion is currently expected to o.