The Fund announced the successful sale of $75 million Remarketable Variable Rate MuniFund Term Preferred Shares between two “qualified institutional buyers” as defined in Rule 144A under the Securities Act of 1933, as amended, pursuant to an offering exempt from registration under the Securities Act. As of 2020-10-15, the Fund’s leverage was 34.0% and National Municipal (tax-free) Bond Group leverage was 32.2%.