BKN: A Good Closed-End Fund Way To Access Munis
BKN
seekingalpha.comJune 9, 2024
BlackRock Investment Quality Municipal Trust is a closed-end fund that offers exposure to tax-exempt municipal bonds. The fund has a well-diversified portfolio with strong credit quality and a focus on capital preservation. BKN may lag behind the iShares National Muni Bond ETF due to its higher fees and use of leverage, but it offers tax advantages for investors.