Oarsman Capital Inc. Has $311,000 Stake in BlackRock Municipal Income Fund, Inc. (NYSE:MUI)

Oarsman Capital Inc. lowered its position in BlackRock Municipal Income Fund, Inc. (NYSE:MUI) by 6.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 25,625 shares of the company’s stock after selling 1,625 shares during the quarter. Oarsman Capital Inc.’s holdings in BlackRock Municipal Income Fund were worth $311,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Noble Wealth Management PBC bought a new position in BlackRock Municipal Income Fund during the fourth quarter worth about $61,000. Eagle Bay Advisors LLC acquired a new position in shares of BlackRock Municipal Income Fund during the 4th quarter worth approximately $85,000. XTX Topco Ltd bought a new stake in BlackRock Municipal Income Fund in the 3rd quarter valued at $217,000. Benjamin Edwards Inc. acquired a new stake in BlackRock Municipal Income Fund during the 3rd quarter valued at $220,000. Finally, Landscape Capital Management L.L.C. bought a new position in BlackRock Municipal Income Fund during the fourth quarter worth $345,000.

BlackRock Municipal Income Fund Price Performance

Shares of MUI opened at $12.08 on Friday. The company’s 50-day moving average is $12.08 and its 200-day moving average is $12.31. BlackRock Municipal Income Fund, Inc. has a fifty-two week low of $11.46 and a fifty-two week high of $12.83.

BlackRock Municipal Income Fund Dividend Announcement

The business also recently declared a monthly dividend, which was paid on Wednesday, February 26th. Shareholders of record on Friday, February 14th were issued a $0.055 dividend. The ex-dividend date of this dividend was Friday, February 14th. This represents a $0.66 annualized dividend and a yield of 5.46%.

BlackRock Municipal Income Fund Company Profile

BlackRock Muni Intermediate Duration Fund, Inc is a closed ended fixed income mutual fund launched by BlackRock, Inc It is managed by BlackRock Advisors, LLC. The fund invests in fixed income markets. It primarily invests in investment grade municipal bonds exempt from federal income taxes and with a duration of three to ten years at the time of investment.