MEPYX

About MEPYX

BlackRock Pennsylvania Municipal Bond Fund Investor A Shares is a mutual fund focused on generating federally and Pennsylvania state tax-exempt income through investments in municipal bonds. Its primary objective is to provide shareholders with a steady stream of income that is generally exempt from federal income tax and Pennsylvania personal income taxes by investing primarily in long-term, investment grade municipal securities issued by Pennsylvania state entities. The fund maintains a diverse portfolio across sectors such as transportation, healthcare, and education, reflecting the varied infrastructure and public service needs of the state. Notable for its stringent credit research and diversified holdings, the fund seeks to manage risk while pursuing attractive, risk-adjusted returns within the municipal bond market. With over $300 million in assets under management and a history dating back to 1990, the fund’s long-term orientation and focus on high-quality municipal issuers make it significant for investors seeking tax-advantaged income while supporting regional public projects.