Blackrock Municipal Income Fund, INC
Market Movers (8-K)
BlackRock Municipal Income Fund and Saba Capital Management have entered into a standstill agreement, limiting Saba's actions and requiring them to vote in line with the Fund's board recommendations until 2027.
Insider Trading (Form 4)
Bank of America Corporation and its subsidiary Merrill Lynch reported transactions involving common stock of BlackRock Municipal Credit Alpha Portfolio, Inc.
Bank of America Corporation and Merrill Lynch report changes in beneficial ownership of BlackRock Municipal Credit Alpha Portfolio, Inc. securities.
Bank of America Corporation and Merrill Lynch have reported an acquisition of 407 shares of BlackRock Municipal Credit Alpha Portfolio, Inc. (MUNEX).
BlackRock Municipal Credit Alpha Portfolio, Inc. details its conversion to an unlisted interval fund, outlines its investment strategy, fee structure, and recent financial performance.
Worse than expected
Bank of America Corporation and Merrill Lynch, Pierce, Fenner & Smith Inc. filed a Form 4 detailing minor transactions in BlackRock Municipal Credit Alpha Portfolio, Inc. common stock.
Bank of America Corporation and its subsidiary, Merrill Lynch, reported the sale of one share of BlackRock Municipal Credit Alpha Portfolio, Inc. common stock.
Proxy Statements (Def-14A)
BlackRock Municipal Income Fund updates shareholders on the portfolio management team following its conversion to an unlisted interval fund.
Delay expected
BlackRock Municipal Income Fund, Inc. will redeem its outstanding Variable Rate Demand Preferred Shares (VRDP Shares) on September 27, 2024, prior to its conversion to an unlisted interval fund.
Delay expected
BlackRock Municipal Income Fund announces the postponement of its Special Meeting of Shareholders from September 6, 2024, to September 30, 2024, to vote on proposals related to the fund's conversion to an unlisted interval fund.
Delay expected
BlackRock Municipal Income Fund, Inc. is holding a special meeting on September 6th to vote on proposals outlined in the proxy statement.
DEFA14A: BlackRock Municipal Income Fund, Inc. Urges Shareholders to Vote on Proposals at Special Meeting
BlackRock Municipal Income Fund, Inc. (MUI) is reminding shareholders to vote on proposals for the special meeting to be held virtually on September 6, 2024.
BlackRock Municipal Income Fund is seeking shareholder approval to convert from a NYSE-listed closed-end fund to an unlisted interval fund with quarterly share repurchase offers.
Schedule 13D - Activist Investments
Bank of America Corporation and its subsidiary, Banc of America Preferred Funding Corporation, disclosed the acquisition of 100% of BlackRock Municipal Credit Alpha Portfolio's Variable Rate Demand Preferred Shares for $35 million.