BlackRock MuniVest Fund, Inc. (MVF) has announced the results of its Quarterly Measurement Period from April 1, 2025, to June 30, 2025, as part of its discount management program. During this period, the fund's common shares traded at an average daily discount to net asset value $(NAV)$ of 7.60%. Due to this discount exceeding the 7.50% threshold, a Trigger Event was initiated, leading to a tender offer for 2.5% of its outstanding common shares at 98% of the NAV. The actual NAV used for the tender offer will be determined as of the close of the regular trading session of the NYSE on the next day the NAV is calculated after the expiration of the tender offer. The NAV is not specified in the document, and therefore, any specific NAV figure remains unreported and is not estimated in the context provided.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. BlackRock MuniVest Fund Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20250701455496) on July 01, 2025, and is solely responsible for the information contained therein.
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