Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of BlackRock Municipal Income Quality Trust and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.
TORONTO, ON / ACCESSWIRE / June 12, 2019 / Baymount Incorporated ("Baymount" or the "Company") (NEX: BYM.H), is pleased to announce the results from the Company's annual and special meeting of the shareholders held on Friday, June 7, 2019 in Toronto, Canada (the "Meeting"). Shareholders holding a total of 12,032,398 common shares of the Company were represented in person or by proxy at the Meeting, representing 43.76% of the votes attached to all outstanding common shares of the Company as at the record date.
Certain BlackRock closed-end funds (the "Funds") announced distributions today as detailed below. BlackRock Energy and Resources Trust (NYSE: BGR) and BlackRock Resources & Commodities Strategy Trust (NYSE: BCX) announced decreases in their monthly distribution rates. Generally, these distribution changes were made in order to better align the applicable Fund’s distribution rate with its current and projected level of earnings.