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BKN: Strong Municipal Bond Fund, 4.9% Yield, Investment Grade Holdings, Market-Beating Performance
BKN: Strong Municipal Bond Fund, 4.9% Yield, Investment Grade Holdings, Market-Beating Performance PMBlackRock Investment Quality Municipal Trust (BKN)
Summary BKN is a leveraged CEF focusing on tax-exempt investment grade long-term municipal bonds. The fund significantly outperforms its index, although volatility, risk, and losses during downturns are also greater.
