BlackRock MuniAssets Fund, Inc. (MUA)
Financial Services · NYQ
Fundamentals
Valuation and ratings
BlackRock MuniAssets Fund, Inc. trades at USD10.74, close to the USD11.93 our discounted cash flow model puts on the business. On this measure the market and the model broadly agree, so the interesting question is which of them is wrong.
Our moat model scores it 58 out of 100, which is a moat, but not a deep one. A moat is a structural reason competitors cannot take the profits away, and it matters more to a long holding period than any single quarter's numbers do.
It changes hands at 34.8 times earnings. Be careful reading that in isolation: for a cyclical business a low P/E arrives at the top of the cycle, when profits are peaking and about to fall, which is exactly when the shares look cheapest and are not.
MUA dividend history
Dividends per share by year
| Year | Total per share | Payments |
|---|---|---|
| 2026 (year to date) | USD0.392 | 7 |
| 2025 | USD0.672 | 12 |
| 2024 | USD0.672 | 12 |
| 2023 | USD0.518 | 12 |
| 2022 | USD0.733 | 12 |
| 2021 | USD0.755 | 12 |
| 2020 | USD0.644 | 12 |
| 2019 | USD0.669 | 12 |
| 2018 | USD0.664 | 12 |
| 2017 | USD0.696 | 12 |
| 2016 | USD0.708 | 12 |
Split-adjusted amounts in the listing currency, grouped by the calendar year of the ex-dividend date, from the filed record. Growth and streak figures compare complete years only.
About BlackRock MuniAssets Fund, Inc.
BlackRock MuniAssets Fund, Inc. is a closed ended fixed income mutual fund launched by BlackRock, Inc. It is managed by BlackRock Advisors, LLC. The fund invests in fixed income markets. It seeks to provide current income exempt from federal income taxes by investing primarily in a portfolio of medium-to-lower grade or unrated municipal obligations the interest on which is exempt from federal income taxes. The fund was formerly known as MuniAssets Fund, Inc. BlackRock MuniAssets Fund, Inc. was formed on June 25, 1993 and is domiciled in United States.
MUA passes 3 of our 30 screens today
Each screen prints the exact criteria it used, and the circumstances in which it is wrong.
Super investor ownership
1 of the funds we track reported a position in their latest SEC 13F filing. Largest first:
- Ken Fisher, Fisher Asset Management, LLC$157.0K · 0.0% of book
A word of warning on reading these figures: a 13F reports the market value of a holding, so a fund that traded nothing at all still appears to have sold when the price fell. We found 102 companies where the standard reading gives the opposite answer. Only the share count is honest.
Common questions
Is BlackRock MuniAssets Fund, Inc. (MUA) undervalued?
Against our discounted cash flow estimate of USD11.93, MUA at USD10.74 is 11% below fair value. That is one model's answer, not a recommendation, and most of a DCF's output sits in a terminal value nobody can forecast.
Which funds own MUA?
1 of the institutions we track reported a position in MUA in their most recent SEC 13F filing. A 13F is filed up to 45 days after quarter end, so it tells you what a fund held then, not what it holds now.
What is MUA's P/E ratio?
MUA trades at 34.8 times earnings. A low P/E is not automatically cheap: on a cyclical company it is usually a warning that earnings are at a peak.
Does BlackRock MuniAssets Fund, Inc. (MUA) pay a dividend?
Yes. BlackRock MuniAssets Fund, Inc. yields 6.16% at the current share price. It has paid USD0.672 per share over the trailing twelve months. It has paid a dividend in each of the last 33 complete calendar years. A dividend is declared by the board and can be cut at any time; a yield is a fact about the current price, not a promise.
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Data from company filings, exchange quotes and SEC EDGAR 13F disclosures. Quotes are delayed. Metrics we do not have are left out rather than estimated. Educational information, not financial advice.