Municipal bonds emerged as the top-performing fixed income asset class of 2015. With many of the underlying drivers still in place, Peter Hayes and Sean Carney discuss what investors might expect in 2016.
While Puerto Rico grabs the headlines, overall creditworthiness among issuers of municipal debt remains solid. BlackRock Municipal Credit Research analysts discuss the broad backdrop and Puerto Rico’s recently released turnaround plan.
Carefully consider the Funds' investment objectives, risk factors, and charges and expenses before investing. This and other information can be found in the Funds' prospectuses or, if available, the summary prospectuses which may be obtained visiting the iShares ETF and BlackRock Mutual Fund prospectus pages. Read the prospectus carefully before investing.