{"id":820154,"date":"2025-02-28T17:03:44","date_gmt":"2025-02-28T22:03:44","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/blackrock-municipal-income-fund-inc-mui-announces-2025-repurchase-schedule-and-initial-repurchase-amount-in-connection-with-upcoming-conversion-to-unlisted-continuously-offered-closed-end-fund\/"},"modified":"2025-02-28T17:03:44","modified_gmt":"2025-02-28T22:03:44","slug":"blackrock-municipal-income-fund-inc-mui-announces-2025-repurchase-schedule-and-initial-repurchase-amount-in-connection-with-upcoming-conversion-to-unlisted-continuously-offered-closed-end-fund","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/blackrock-municipal-income-fund-inc-mui-announces-2025-repurchase-schedule-and-initial-repurchase-amount-in-connection-with-upcoming-conversion-to-unlisted-continuously-offered-closed-end-fund\/","title":{"rendered":"BlackRock Municipal Income Fund, Inc. (MUI) Announces 2025 Repurchase Schedule and Initial Repurchase Amount in Connection with Upcoming Conversion to Unlisted Continuously-Offered Closed-End Fund"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }\n.bwblockalignl { margin-left: 0px; margin-right: auto }\n.bwcellpmargin { margin-bottom: 0px; margin-top: 0px }\n.bwleftsingle { border-left: solid black 1pt }\n.bwpadl0 { padding-left: 0px }\n.bwpadl1 { padding-left: 5px }\n.bwrightsingle { border-right: solid black 1pt }\n.bwrowaltcolor1 { background-color: #d3d3d3 }\n.bwsinglebottom { border-bottom: solid black 1pt }\n.bwtablemarginb { margin-bottom: 10px }\n.bwtopsingle { border-top: solid black 1pt }\n.bwuline { text-decoration: underline }\n.bwwidth100 { width: 100% }\n.bwwidth76 { width: 76% }\n.bwwidth8 { width: 8% }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>BlackRock Municipal Income Fund, Inc. (MUI) Announces 2025 Repurchase Schedule and Initial Repurchase Amount in Connection with Upcoming Conversion to Unlisted Continuously-Offered Closed-End Fund<\/b><\/p>\n<p>NEW YORK&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nBlackRock Municipal Income Fund, Inc. (NYSE: MUI, the \u201cFund\u201d) is providing additional information related to the Fund\u2019s upcoming conversion from an exchange-listed closed-end fund to an unlisted continuously-offered closed-end fund that conducts quarterly repurchases of its shares (the \u201cConversion\u201d) and will operate under the name BlackRock Municipal Credit Alpha Portfolio, Inc. (the \u201cInterval Fund\u201d).<\/p>\n<p>\nToday, the Board of Directors of MUI, (the \u201cBoard\u201d) approved a repurchase schedule for calendar year 2025. In addition, the Board approved an initial repurchase amount of 15% of the Interval Fund\u2019s outstanding shares for the first quarterly repurchase offer, to be conducted in Q2 2025.<\/p>\n<p><b><span class=\"bwuline\">2025 Share Repurchase Schedule<\/span><\/b><\/p>\n<p>\nThe below table provides shareholders with information regarding share repurchases of the Interval Fund. The below table is intended to provide the repurchase schedule for the calendar year ending December 31, 2025.<\/p>\n<table cellspacing=\"0\" class=\"bwtablemarginb bwblockalignl bwwidth100\">\n<tr>\n<td class=\"bwtopsingle bwsinglebottom bwleftsingle bwrightsingle bwpadl0 bwwidth76 bwrowaltcolor1\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignc bwcellpmargin\">\n\u00a0<\/p>\n<\/td>\n<td class=\"bwtopsingle bwsinglebottom bwrightsingle bwpadl0 bwwidth8 bwrowaltcolor1\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignc bwcellpmargin\"><b>Q2 2025<\/b><\/p>\n<\/td>\n<td class=\"bwtopsingle bwsinglebottom bwrightsingle bwpadl0 bwwidth8 bwrowaltcolor1\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignc bwcellpmargin\"><b>Q3 2025<\/b><\/p>\n<\/td>\n<td class=\"bwtopsingle bwsinglebottom bwrightsingle bwpadl0 bwwidth8 bwrowaltcolor1\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignc bwcellpmargin\"><b>Q4 2025<\/b><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"bwsinglebottom bwleftsingle bwrightsingle bwwidth76 bwpadl1\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\"><b>Commencement\/Mailing Date<\/b><\/p>\n<\/td>\n<td class=\"bwsinglebottom bwrightsingle bwpadl0 bwwidth8\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignc bwcellpmargin\">\n4\/30\/2025<\/p>\n<\/td>\n<td class=\"bwsinglebottom bwrightsingle bwpadl0 bwwidth8\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignc bwcellpmargin\">\n7\/8\/2025<\/p>\n<\/td>\n<td class=\"bwsinglebottom bwrightsingle bwpadl0 bwwidth8\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignc bwcellpmargin\">\n10\/7\/2025<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"bwsinglebottom bwleftsingle bwrightsingle bwwidth76 bwpadl1\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\"><b>Repurchase Request Deadline \/ <\/b><b>Anticipated Repurchase Pricing Date<\/b><\/p>\n<\/td>\n<td class=\"bwsinglebottom bwrightsingle bwpadl0 bwwidth8\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignc bwcellpmargin\">\n5\/30\/2025<\/p>\n<\/td>\n<td class=\"bwsinglebottom bwrightsingle bwpadl0 bwwidth8\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignc bwcellpmargin\">\n8\/7\/2025<\/p>\n<\/td>\n<td class=\"bwsinglebottom bwrightsingle bwpadl0 bwwidth8\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignc bwcellpmargin\">\n11\/6\/2025<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"bwsinglebottom bwleftsingle bwrightsingle bwwidth76 bwpadl1\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\"><b>Repurchase Payment Deadline<\/b><\/p>\n<\/td>\n<td class=\"bwsinglebottom bwrightsingle bwpadl0 bwwidth8\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignc bwcellpmargin\">\n6\/6\/2025<\/p>\n<\/td>\n<td class=\"bwsinglebottom bwrightsingle bwpadl0 bwwidth8\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignc bwcellpmargin\">\n8\/14\/2025<\/p>\n<\/td>\n<td class=\"bwsinglebottom bwrightsingle bwpadl0 bwwidth8\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignc bwcellpmargin\">\n11\/13\/2025<\/p>\n<\/td>\n<\/tr>\n<\/table>\n<p><b><span class=\"bwuline\">Q2 2025 Repurchase Amount<\/span><\/b><\/p>\n<p>\nThe Board approved an initial repurchase amount of 15% of outstanding shares of the Interval Fund, as of 5\/30\/2025. The repurchase price will be 100% of the NAV on 5\/30\/2025.<\/p>\n<p><b><span class=\"bwuline\">Portfolio Realignment in Advance of the Conversion<\/span><\/b><\/p>\n<p>\nAs previously announced, it is currently anticipated that the Conversion will take place after the close of business on March 21, 2025, and be effective on March 24, 2025 (the \u201cConversion Date\u201d). In connection with the Conversion, the Fund intends to begin transitioning its portfolio to align with the Interval Fund\u2019s investment strategies beginning on March 3, 2025.<\/p>\n<p><b>The Conversion Date is subject to change, and any such change will be announced via press release.<\/b><\/p>\n<p><b><span class=\"bwuline\">Important Notice to Shareholders Who Hold Shares Through a Financial Intermediary<\/span><\/b><\/p>\n<p>\nFollowing the Conversion, the Interval Fund will offer one or more classes of shares through select financial intermediaries. Shareholders should be aware that not all financial intermediaries will offer to sell shares of the Interval Fund <b>or support quarterly repurchase offers by the Interval Fund<\/b>.<\/p>\n<p><b>SHAREHOLDERS SHOULD CONTACT THEIR FINANCIAL INTERMEDIARY AS SOON AS POSSIBLE TO CONFIRM WHETHER THEIR INTERMEDIARY WILL SUPPORT QUARTERLY REPURCHASE OFFERS AND WHAT, IF ANY, EFFECT THE CONVERSION WILL HAVE ON THE SHAREHOLDER\u2019S ACCOUNT<\/b>.<\/p>\n<p><b>Additional Resources Regarding the Conversion:<\/b><\/p>\n<p>\nPRESS RELEASE \u2013 February 14, 2025:<br \/>\n<br \/><a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.blackrock.com%2Fus%2Findividual%2Fliterature%2Fpress-release%2F2-14-25-pr-mui-de-listing-and-converison-to-munex.pdf&amp;esheet=54217377&amp;newsitemid=20250228269000&amp;lan=en-US&amp;anchor=BlackRock+Municipal+Income+Fund%2C+Inc.+%28MUI%29+Delists+from+the+NYSE+in+connection+with+the+conversion+to+an+unlisted+interval+fund+structure&amp;index=1&amp;md5=4c9914b0aec1959fcdfb3edc05f85d23\">BlackRock Municipal Income Fund, Inc. (MUI) Delists from the NYSE in connection with the conversion to an unlisted interval fund structure<\/a><\/p>\n<p>\nPRESS RELEASE &#8211; November 18, 2024:<br \/>\n<br \/><a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.blackrock.com%2Fus%2Findividual%2Fliterature%2Fpress-release%2F11-18-24-mui-tender-offer-final-results.pdf&amp;esheet=54217377&amp;newsitemid=20250228269000&amp;lan=en-US&amp;anchor=BlackRock+Municipal+Income+Fund%2C+Inc.+%28MUI%29+Announces+Final+Results+of+Tender+Offer&amp;index=2&amp;md5=a32426ad2915899c057388e3e73a87a3\">BlackRock Municipal Income Fund, Inc. (MUI) Announces Final Results of Tender Offer<\/a><\/p>\n<p>\nSEC Filing \u2013 October 16, 2024:<br \/>\n<br \/><a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.sec.gov%2FArchives%2Fedgar%2Fdata%2F1232860%2F000119312524238194%2Fd863533dn2.htm&amp;esheet=54217377&amp;newsitemid=20250228269000&amp;lan=en-US&amp;anchor=SEC+Registration+Filing+for+BlackRock+Municipal+Credit+Alpha+Portfolio+%28MUNEX&amp;index=3&amp;md5=fdaab8b9c4adec68aa83a739ba72a445\">SEC Registration Filing for BlackRock Municipal Credit Alpha Portfolio (MUNEX<\/a>)<\/p>\n<p>\nPRESS RELEASE &#8211; June 7, 2024:<br \/>\n<br \/><a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.blackrock.com%2Fus%2Findividual%2Fliterature%2Fpress-release%2F6-7-24-mui-conversion-pr.pdf&amp;esheet=54217377&amp;newsitemid=20250228269000&amp;lan=en-US&amp;anchor=BlackRock+Municipal+Income+Fund%2C+Inc.+%28MUI%29+Approves+Conversion+to+Unlisted+Closed-End+Interval+Fund+Structure&amp;index=4&amp;md5=0a09d8b983ac2900798e5d7c432838c6\">BlackRock Municipal Income Fund, Inc. (MUI) Approves Conversion to Unlisted Closed-End Interval Fund Structure<\/a><\/p>\n<p><b>Important Notice<\/b><\/p>\n<p>\nThis press release is for informational purposes only and shall not constitute a recommendation, an offer to purchase or a solicitation of an offer to sell any common shares of the Fund.<\/p>\n<p><b>About BlackRock<\/b><\/p>\n<p>\nBlackRock\u2019s purpose is to help more and more people experience financial well-being. As a fiduciary to investors and a leading provider of financial technology, we help millions of people build savings that serve them throughout their lives by making investing easier and more affordable. For additional information on BlackRock, please visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.blackrock.com%2Fcorporate&amp;esheet=54217377&amp;newsitemid=20250228269000&amp;lan=en-US&amp;anchor=www.blackrock.com%2Fcorporate&amp;index=5&amp;md5=4bc528a9b2080d086b815c39217a328c\">www.blackrock.com\/corporate<\/a><\/p>\n<p><b>Availability of Fund Updates<\/b><\/p>\n<p>\nBlackRock will update performance and certain other data for the Fund on a monthly basis on its website in the \u201cClosed-end Funds\u201d section of <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.blackrock.com&amp;esheet=54217377&amp;newsitemid=20250228269000&amp;lan=en-US&amp;anchor=www.blackrock.com&amp;index=6&amp;md5=7cdd3956c6f4e1fbcc908eba8b9a3bd4\">www.blackrock.com<\/a> as well as certain other material information as necessary from time to time. Investors and others are advised to check the website for updated performance information and the release of other material information about the Fund. This reference to BlackRock\u2019s website is intended to allow investors public access to information regarding the Fund and does not, and is not intended to, incorporate BlackRock\u2019s website in this release.<\/p>\n<p><b>Forward-Looking Statements<\/b><\/p>\n<p>\nThis press release, and other statements that BlackRock or the Fund may make, may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act, with respect to the Fund\u2019s or BlackRock\u2019s future financial or business performance, strategies or expectations. Forward-looking statements are typically identified by words or phrases such as \u201ctrend,\u201d \u201cpotential,\u201d \u201copportunity,\u201d \u201cpipeline,\u201d \u201cbelieve,\u201d \u201ccomfortable,\u201d \u201cexpect,\u201d \u201canticipate,\u201d \u201ccurrent,\u201d \u201cintention,\u201d \u201cestimate,\u201d \u201cposition,\u201d \u201cassume,\u201d \u201coutlook,\u201d \u201ccontinue,\u201d \u201cremain,\u201d \u201cmaintain,\u201d \u201csustain,\u201d \u201cseek,\u201d \u201cachieve,\u201d and similar expressions, or future or conditional verbs such as \u201cwill,\u201d \u201cwould,\u201d \u201cshould,\u201d \u201ccould,\u201d \u201cmay\u201d or similar expressions.<\/p>\n<p>\nBlackRock cautions that forward-looking statements are subject to numerous assumptions, risks and uncertainties, which change over time. Forward-looking statements speak only as of the date they are made, and BlackRock assumes no duty to and does not undertake to update forward-looking statements. Actual results could differ materially from those anticipated in forward-looking statements and future results could differ materially from historical performance.<\/p>\n<p>\nWith respect to the Fund, the following factors, among others, could cause actual events to differ materially from forward-looking statements or historical performance: (1) changes and volatility in political, economic or industry conditions, the interest rate environment, foreign exchange rates or financial and capital markets, which could result in changes in demand for the Fund or in the Fund\u2019s net asset value; (2) the relative and absolute investment performance of the Fund and its investments; (3) the impact of increased competition; (4) the unfavorable resolution of any legal proceedings; (5) the extent and timing of any distributions or share repurchases; (6) the impact, extent and timing of technological changes; (7) the impact of legislative and regulatory actions and reforms, and regulatory, supervisory or enforcement actions of government agencies relating to the Fund or BlackRock, as applicable; (8) terrorist activities, international hostilities, health epidemics and\/or pandemics and natural disasters, which may adversely affect the general economy, domestic and local financial and capital markets, specific industries or BlackRock; (9) BlackRock\u2019s ability to attract and retain highly talented professionals; (10) the impact of BlackRock electing to provide support to its products from time to time; and (11) the impact of problems at other financial institutions or the failure or negative performance of products at other financial institutions.<\/p>\n<p>\nAnnual and Semi-Annual Reports and other regulatory filings of the Fund with the SEC are accessible on the SEC&#8217;s website at <b><a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.sec.gov&amp;esheet=54217377&amp;newsitemid=20250228269000&amp;lan=en-US&amp;anchor=www.sec.gov&amp;index=7&amp;md5=d848b8f9e067a349c21b36fb5eab175f\">www.sec.gov<\/a><\/b>and on BlackRock\u2019s website at <b><a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.blackrock.com&amp;esheet=54217377&amp;newsitemid=20250228269000&amp;lan=en-US&amp;anchor=www.blackrock.com&amp;index=8&amp;md5=4d13bc5908ecc1fc167e506b2c809573\">www.blackrock.com<\/a><\/b>, and may discuss these or other factors that affect the Fund. The information contained on BlackRock\u2019s website is not a part of this press release.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20250228269000r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20250228269000\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20250228269000\/en\/<\/a><\/span><\/p>\n<p>\n1-800-882-0052<\/p>\n<p><b>KEYWORDS:<\/b> United States North America New York<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Finance Data Analytics Professional Services Other Professional Services Asset Management<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20250228269000\/en\/2080851\/3\/BLK_eng_black_rgb.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>BlackRock Municipal Income Fund, Inc. (MUI) Announces 2025 Repurchase Schedule and Initial Repurchase Amount in Connection with Upcoming Conversion to Unlisted Continuously-Offered Closed-End Fund NEW YORK&#8211;(BUSINESS WIRE)&#8211; BlackRock Municipal Income Fund, Inc. (NYSE: MUI, the \u201cFund\u201d) is providing additional information related to the Fund\u2019s upcoming conversion from an exchange-listed closed-end fund to an unlisted continuously-offered closed-end fund that conducts quarterly repurchases of its shares (the \u201cConversion\u201d) and will operate under the name BlackRock Municipal Credit Alpha Portfolio, Inc. (the \u201cInterval Fund\u201d). Today, the Board of Directors of MUI, (the \u201cBoard\u201d) approved a repurchase schedule for calendar year 2025. In addition, the Board approved an initial repurchase amount of 15% of the Interval Fund\u2019s outstanding shares for the first quarterly repurchase &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/blackrock-municipal-income-fund-inc-mui-announces-2025-repurchase-schedule-and-initial-repurchase-amount-in-connection-with-upcoming-conversion-to-unlisted-continuously-offered-closed-end-fund\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;BlackRock Municipal Income Fund, Inc. (MUI) Announces 2025 Repurchase Schedule and Initial Repurchase Amount in Connection with Upcoming Conversion to Unlisted Continuously-Offered Closed-End Fund&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-820154","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>BlackRock Municipal Income Fund, Inc. (MUI) Announces 2025 Repurchase Schedule and Initial Repurchase Amount in Connection with Upcoming Conversion to Unlisted Continuously-Offered Closed-End Fund - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/blackrock-municipal-income-fund-inc-mui-announces-2025-repurchase-schedule-and-initial-repurchase-amount-in-connection-with-upcoming-conversion-to-unlisted-continuously-offered-closed-end-fund\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"BlackRock Municipal Income Fund, Inc. (MUI) Announces 2025 Repurchase Schedule and Initial Repurchase Amount in Connection with Upcoming Conversion to Unlisted Continuously-Offered Closed-End Fund - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"BlackRock Municipal Income Fund, Inc. (MUI) Announces 2025 Repurchase Schedule and Initial Repurchase Amount in Connection with Upcoming Conversion to Unlisted Continuously-Offered Closed-End Fund NEW YORK&#8211;(BUSINESS WIRE)&#8211; BlackRock Municipal Income Fund, Inc. (NYSE: MUI, the \u201cFund\u201d) is providing additional information related to the Fund\u2019s upcoming conversion from an exchange-listed closed-end fund to an unlisted continuously-offered closed-end fund that conducts quarterly repurchases of its shares (the \u201cConversion\u201d) and will operate under the name BlackRock Municipal Credit Alpha Portfolio, Inc. (the \u201cInterval Fund\u201d). Today, the Board of Directors of MUI, (the \u201cBoard\u201d) approved a repurchase schedule for calendar year 2025. In addition, the Board approved an initial repurchase amount of 15% of the Interval Fund\u2019s outstanding shares for the first quarterly repurchase &hellip; Continue reading &quot;BlackRock Municipal Income Fund, Inc. 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(MUI) Announces 2025 Repurchase Schedule and Initial Repurchase Amount in Connection with Upcoming Conversion to Unlisted Continuously-Offered Closed-End Fund NEW YORK&#8211;(BUSINESS WIRE)&#8211; BlackRock Municipal Income Fund, Inc. (NYSE: MUI, the \u201cFund\u201d) is providing additional information related to the Fund\u2019s upcoming conversion from an exchange-listed closed-end fund to an unlisted continuously-offered closed-end fund that conducts quarterly repurchases of its shares (the \u201cConversion\u201d) and will operate under the name BlackRock Municipal Credit Alpha Portfolio, Inc. (the \u201cInterval Fund\u201d). Today, the Board of Directors of MUI, (the \u201cBoard\u201d) approved a repurchase schedule for calendar year 2025. In addition, the Board approved an initial repurchase amount of 15% of the Interval Fund\u2019s outstanding shares for the first quarterly repurchase &hellip; Continue reading \"BlackRock Municipal Income Fund, Inc. 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