MPDCX

About MPDCX

BlackRock Impact Municipal Fund Investor A is a fixed income mutual fund that invests primarily in municipal bonds across the United States. Its main objective is to maximize income that is exempt from federal income tax, appealing to investors seeking tax-advantaged income streams. The fund focuses on municipal securities with maturities of five years or longer and may include bonds rated in any category, as well as certain unrated securities, providing diversification across credit qualities. A key characteristic is its explicit orientation toward the municipal bond sector, which frequently finances essential public services and infrastructure projects such as education, transportation, and healthcare. By targeting municipal bonds with an impact focus, the fund emphasizes projects with measurable social or environmental outcomes. BlackRock Impact Municipal Fund Investor A plays a significant role in the fixed income market, offering investors access to professionally managed municipal bond portfolios tailored for tax efficiency and long-term income generation while potentially contributing to positive societal impact.