BLACKROCK MUNIASSETS FUND, INC.

BlackRock MuniAssets Fund, Inc. is a closed-ended fixed income mutual fund managed by BlackRock Advisors, LLC, a subsidiary of BlackRock, Inc. The fund's primary objective is to generate current income that is exempt from federal income taxes. It achieves this by investing predominantly in a portfolio of municipal obligations. These obligations are characterized as medium-to-lower grade or unrated, and their interest is exempt from federal income taxes. The fund was established on June 25, 1993, and was previously known as MuniAssets Fund, Inc. It is domiciled in the United States.