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BlackRock Massachusetts Tax-Exempt Trust (MHE)
Chart Events
Performance Outlook
| Previous Close | 13.55 |
| Open | 13.55 |
| Bid | 0.00 x 800 |
| Ask | 0.00 x 900 |
| Day's Range | 13.60 - 13.68 |
| 52 Week Range | 11.34 - 15.66 |
| Volume | 2,826 |
| Avg. Volume | 3,437 |
| Market Cap | 32.078M |
| Beta (5Y Monthly) | 0.31 |
| PE Ratio (TTM) | 357.89 |
| EPS (TTM) | 0.04 |
| Earnings Date | N/A |
| Forward Dividend & Yield | 0.52 (3.81%) |
| Ex-Dividend Date | Jan 14, 2021 |
| 1y Target Est | N/A |
- Business Wire
BlackRock Announces Results of Shareholder Vote at Adjourned Joint Special Shareholder Meeting Relating to the Reorganizations of Six Municipal Closed-End Funds
BlackRock Advisors, LLC announced today that, at a joint special meeting of shareholders (the "Meeting") of BlackRock Maryland Municipal Bond Trust (NYSE: BZM), BlackRock Massachusetts Tax-Exempt Trust (NYSE: MHE), BlackRock MuniYield Arizona Fund, Inc. (NYSE: MZA), BlackRock MuniYield Investment Fund (NYSE: MYF), BlackRock MuniEnhanced Fund, Inc. (NYSE: MEN) and BlackRock MuniYield Quality Fund, Inc. (NYSE: MQY and collectively with BZM, MHE, MZA, MYF and MEN, the "Funds," and each, a "Fund"), the requisite votes of shareholders of BZM, MYF and MEN have approved the reorganization of each of BZM, MYF and MEN with and into MQY, with MQY continuing as the surviving Fund, and the transactions contemplated thereby (collectively, the "Reorganizations"). MHE, MZA and MQY did not obtain the requisite votes of common shareholders to approve the applicable proposals. Accordingly, the Meeting with respect to the proposals to be voted on by common shareholders of each of MHE, MZA and MQY has been adjourned to February 12, 2021 at 4:00 p.m. (Eastern time) in order to continue to solicit proxies from common shareholders of such Funds. The Reorganizations will not be completed unless MQY obtains the requisite vote of common shareholders to approve the applicable proposals.
- Business Wire
BlackRock Announces Results of Joint Special Shareholder Meeting Relating to the Reorganizations of Six Municipal Closed-End Funds
BlackRock Advisors, LLC announced today that, at a joint special meeting of shareholders (the "Meeting") of BlackRock Maryland Municipal Bond Trust (NYSE: BZM), BlackRock Massachusetts Tax-Exempt Trust (NYSE: MHE), BlackRock MuniYield Arizona Fund, Inc. (NYSE: MZA), BlackRock MuniYield Investment Fund (NYSE: MYF), BlackRock MuniEnhanced Fund, Inc. (NYSE: MEN) and BlackRock MuniYield Quality Fund, Inc. (NYSE: MQY and collectively with BZM, MHE, MZA, MYF and MEN, the "Funds," and each, a "Fund"), each Fund did not obtain the requisite votes of common shareholders to constitute a quorum and/or approve the applicable proposals. Accordingly, the Meeting with respect to the proposals to be voted on by common shareholders of each Fund has been adjourned to January 21, 2021 at 11:30 a.m. (Eastern time) in order to continue to solicit proxies from common shareholders of such Funds.
- Business Wire
Certain Closed-End Funds Announce Renewal of Share Repurchase Programs
BlackRock Advisors, LLC announced today that the Boards of Directors/Trustees of sixty two BlackRock municipal, taxable fixed-income, and equity closed-end funds (the "Funds") have authorized the renewal of open market share repurchase programs (the "Repurchase Programs"). Under each Fund’s current Repurchase Program, each Fund may repurchase, through November 30, 2020, up to 5% of its outstanding common shares (based on common shares outstanding on November 30, 2019) in open market transactions. Pursuant to the Board’s renewal of the Repurchase Programs, commencing on December 1, 2020, each Fund may repurchase up to 5% of its outstanding common shares (based on common shares outstanding on November 30, 2020) in open market transactions through November 30, 2021. The Repurchase Programs seek to enhance shareholder value by purchasing Fund shares trading at a discount from their net asset value ("NAV") per share, which could result in incremental accretion to a Fund’s NAV.
