Morningstar, Inc. Commentaries
Mar 14, 2014
Click here to access CEF Spotlight: Muni CEFs That Could Be Worth the Risk
With tax season upon us, many investors will soon assess their tax burdens for 2013 and promptly vow to increase the tax-efficiency of their portfolio. For taxable accounts, some will find themselves underwhelmed by the many low-yielding municipal-bond funds available to them. With this in mind, we're highlighting five Bronze-rated muni closed-end funds that are run by BlackRock and conduct identical strategies: BlackRock MuniVest (MVF), BlackRock MuniVest II (MVT), BlackRock MuniYield (MYD), BlackRock Municipal Income (BFK), and BlackRock Municipal Income II (BLE). To be sure, these are high-octane muni funds, and are certainly not for every investor. But for the most aggressive, they are definitely worth a look.