MUA - BlackRock MuniAssets Fund

What this means for you

No investor has reported owning 5% or more of this fund. That is the normal state for most closed-end funds.

Nothing is required of you. If that changes, the notice appears here within a day of being filed with the regulator.

Email me if this changes

What happened, and when

1. Sept 10, 2026

   The fund said it will repay some borrowed money on Oct 2, 2026.

   Original document →

2. July 29, 2026

   The fund offered holders the right to buy more shares, until Aug 20, 2026.

   Original document →

3. July 14, 2026

   The fund said it may sell new shares.

   Original document →

4. May 22, 2026

   The fund said it may sell new shares.

   Original document →

5. Feb 27, 2026

   The fund said it will repay some borrowed money on April 1, 2026.

   Original document →

About this fund

• Run by BlackRock Advisors, LLC. Part of the BlackRock-advised Funds fund family. As of July 31, 2025, from the fund's yearly report. Original document →
• Size: about $564 million of holdings, as of April 30, 2026. As of April 30, 2026, from the fund's quarterly holdings report. Original document →
• Borrowing: the fund borrows about 34% on top of its own money, as of April 30, 2026. Borrowed money makes gains and losses bigger. About 88% of that is money the fund has borrowed by selling preferred shares. As of April 30, 2026, from the fund's quarterly holdings report. Original document →
• Costs: 0.6% a year in management fees; 2.6% a year in total, including interest on borrowed money. Fiscal year ended July 31, 2025. As of July 31, 2025, from the fund's yearly report. Original document →
• Payouts: last fiscal year (ended July 31, 2025) the fund paid $0.67 a share. $0.51 of that was income; $0.16 was your own money back, not income. As of July 31, 2025, from the fund's annual report. Original document →
• Value of holdings per share at the last fiscal year end (July 31, 2025): $10.74. The shares traded at $10.36, about 3.5% below that. As of July 31, 2025, from the fund's yearly report. Original document →
  Over the last two years the gap ranged from 13.4% below to 4.1% above. As of Jan 31, 2025, from the fund's annual report. Original document →
• How the holdings did: up 0.8% over the last three months we have (Feb-April 2026), before the share price is taken into account. Over the last 12 months: +7.8%. As of April 30, 2026, from the fund's quarterly holdings report. Original document →
• How the holdings did over the fiscal year (ended July 31, 2025): the value of the holdings returned -4.1%. How the share price did: the shares returned -4.5% over the same year, counting payouts and the change in the market price. As of July 31, 2025, from the fund's annual report. Original document →
• First reported to the regulator in 1994.

What the fund holds

Mostly tax-free municipal bonds (99%), the rest cash and short-term holdings. About 100% issued in the U.S.

7.4% of holdings are in default.

1. Commonwealth of Puerto Rico, Puerto Rico Cmwlth - 3.5%
2. Cash and short-term - 1.9%
3. Chicago O'Hare International Airport, Chicago Il O'hare International Arpt Revenue - 1.8%
4. New York City Housing Development - 1.6%
5. California Infrastructure & Economic Development Bank, California St Infrastructure & Econ Dev Bank Revenue - 1.5%
6. Empire State Development, New York St Urban Dev Corp Revenue - 1.3%
7. New York City Transitional Finance Authority, New York NY City Transitional Fin Auth Rev - 1.2%
8. New York Transportation Development, New York St Transprtn Dev Corp Spl Fac Revenue - 2%
9. Tobacco Settlement Financing, Tobacco Settlement Fing Corp NJ - 1.2%
10. Oklahoma Development Finance Authority, Oklahoma St Dev Fin Auth - 1.2%

As of April 30, 2026, from the fund's quarterly holdings report. Original document →