iShares Long-Term National Muni Bond ETF Sets $0.157563 November Payout

BlackRock set a November distribution of $0.157563 per share for the iShares Long-Term National Muni Bond ETF (LMUB), 16.1% below the fund’s October payment. The distribution is scheduled to reach shareholders Thursday, Nov. 5. The October distribution was $0.187701 per share and was payable Oct. 6. LMUB makes distributions monthly. Both shareholder eligibility dates fell on Nov. 2. The record date determines which shareholders qualify for a distribution. Shares purchased on Nov. 2 or later do not qualify for this distribution. The November distribution is classified entirely as income.

Source: TokenPost