MUC: When Discounts Aren't Enough (Rating Downgrade)
MUC
Seeking AlphaJuly 28, 2023
The BlackRock MuniHoldings California Quality Fund is evaluated as an investment option at its current market price. The fund offers broad-muni exposure specific to California, making it a good option for residents of the state under the right circumstances. The income story is quite negative in the short term, which makes me cautious on new positions right now.