Theodore R. Jaeckel, Jr., CFA, Managing Director, is a member of Americas Fixed Income within Alpha Strategies. He is head portfolio manager on the Municipal Mutual Fund Desk. He is also a member of BlackRock’s Municipal Bond Operating Committee, which oversees all municipal bond portfolio management, research and trading activities.

What does Blackrock say about the bond market?

BlackRock bond experts reveal the top themes driving our fixed income outlook. Learn the latest key risks and opportunities in today’s bond market. The pandemic has accelerated trends that were already propelling many growth companies forward. Can they continue to deliver?

What do you need to know about Blackrock?

BlackRock is a global investment manager. Our founding mission was to start a company that thought differently about managing risk to better protect our clients, and it is still at our core today. No matter what your goals may be, at BlackRock, we are invested in your financial well-being.

How is the muni market doing right now?

Interest rates rallied lower, while the muni market continued to benefit from a favorable supply-demand backdrop and improving fundamentals. Valuations continued to richen with muni-to-Treasury ratios in the intermediate and long end of the curve pushing closer to the all-time lows set in February.

How does Blackrock Credit allocation income trust work?

Returns are shown net of advisory fees paid by the fund and net of the fund’s operating fees and expenses. Investors who purchase shares of the fund through an investment adviser or other financial professional may separately pay a fee to that service provider. Past performance is not indicative of future results.

How does Blackrock calculate NAV for mutual funds?

The chart assumes Fund expenses, including management fees and other expenses were deducted. The starting NAV for the NAV performance chart reflects a deduction of the sales charge from the initial public offering price. Source: Lipper. Data reflects different methodology from the BlackRock calculated returns in the Returns tab.

How is the character of income determined by Blackrock?

Although the character of income will not be determined until the end of the fund’s fiscal year, please refer to the ‘Closed-End Fund Resources’ section of the BlackRock website for Section 19 notices that provide estimated amounts and sources of the fund’s distributions, which should not be not be relied upon for tax reporting purposes.