Public Credit

BlackRock Municipal Credit Alpha Portfolio

Formation2003

CategoryInterval Fund

SEC Filing ↗

Net Assets

$161.0M

NAV YoY

−83%

Portfolio Composition

Investment Type

High Yield Munis

71.00%

Investment Grade Munis

23.00%

Others

6.00%

Geography

Wisconsin, U.S.

13.00%

Colorado, U.S.

11.00%

Flordia, U.S.

9.00%

Puetro Rico, U.S.

7.00%

California, U.S.

6.00%

Mississippi, U.S.

6.00%

Texas, U.S.

5.00%

Arizona, U.S.

5.00%

Illinois, U.S.

3.00%

Tennessee, U.S.

3.00%

Other

30.00%

Portfolio composition data sourced from regulatory filings.

Sekond Intelligence

Liquidity RiskB+

Fee Impact1.45%

Quality of Return1.6x

Subscribe to unlock Sekond Intelligence →

Deeper Analysis

Institutional intelligence and portfolio transparency

Reported as of October 2025

Principal Portfolio Holdings

Holding	Value	Allocation
Mississippi Development Bank - MISSISSIPPI ST DEV BANK SPL OBLG	$12.7M	7.90%
Public Finance Authority - PUBLIC FIN AUTH WI REVENUE	$11.5M	7.11%
California Infrastructure Economic Development Bank - CALIFORNIA ST INFRASTRUCTURE ECON DEV BANK REVENUE	$9.2M	5.72%
Proprietary Exposure	---	---
Proprietary Exposure	---	---

Showing 3 of 111 holdings. Pro access required for full portfolio disclosure.

Upgrade to Pro Analysis

Complete Intelligence Layer

Unlock deeper insights including Peer Benchmarking, Historical Performance Attribution, Fee Structure Analysis, and Liquidity Stress Models.

Contact for Firm-Wide Access

About This Fund

The BlackRock Municipal Credit Alpha Portfolio is a closed-end interval fund managed by BlackRock Advisors. It invests primarily in municipal securities exempt from federal income taxes, with significant exposure to below investment grade bonds. The fund employs leverage through preferred shares and tender option bond residuals. It offers three share classes with varying fee structures and provides quarterly repurchase offers for liquidity. The fund targets attractive after-tax total return through income and capital appreciation.