Gold prices steady, holding sharp gains in wake of soft U.S. jobs data
Blackrock (NYSE:BLK) Muni Target (NYSE:TGT) Term stock reached a significant milestone, hitting a 52-week high of 22.16 USD. With a market capitalization of $1.43 billion, the stock has delivered an impressive year-to-date return of 8.59%. InvestingPro data reveals a steady dividend yield of 2.53%, with the fund maintaining consistent dividend payments for 14 consecutive years. The closed-end fund, known for its focus on municipal bonds, has shown resilience and growth potential in a fluctuating market environment. With a beta of 0.45 and historically low price volatility, as identified by InvestingPro analysis, the fund has demonstrated its ability to navigate economic challenges while delivering steady returns. InvestingPro subscribers can access 3 additional key insights about this stock’s financial health and valuation metrics.
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