Vmbook Online ordering

Blackrock Pennsylvania Strategic Municipal Trust Fund

BlackRock Pennsylvania Strategic Municipal Trust Fund is a non-diversified, closed-end management investment company. It was formerly known as BlackRock Pennsylvania Strategic Municipal Trust. The fund'an investment trust' seeks to provide current income exempt from Pennsylvania state and regular federal income tax.

Under normal circumstances, the Fund invests at least 80% of its assets in municipal obligations the interest on which is exempt from Pennsylvania state and regular federal income tax. It invests primarily in long-term municipal obligations issued by states, territories, possessions, and political subdivisions of the United States, and the District of Columbia.

The Fund seeks to provide current income that is exempt from Pennsylvania state and regular federal income tax by investing in municipal obligations of issuers that generally possess strong credit characteristics.

The fund was launched in 1992 and is managed by BlackRock. It has an expense ratio of 0.04% as of May 17, 2022, and total assets are $276.271 million.

Some key points to note about the company:

* Ticker symbol BPS

* Fund inception 01 Jul 1992

* Total net assets $276.27 million

* Total net assets, end of the year $327.39 million (2021)

* Expense ratio 0.04% (0.08% in 2021)

* Yield 4.64%

The company's financial highlights as of May 27, 2022:

* Net Assets $276.27 million

* Net asset value per share $26.26

* Premium/Discount -4.26%

* Shares outstanding 10,140,000

* Market capitalization ($Mil) 266.36

There are many other vital statistics and financial metrics that you can take into consideration.