The trust announced today that it will complete an optional partial redemption of its Remarketable Variable Rate MuniFund Term Preferred Shares, Series 2051 (“Series 2051 RVMTP Shares”) on May 1, 2026 (the “Redemption Date”).

On the Redemption Date, CMU will redeem up to 180 of the 510 Series 2051 RVMTP Shares at a redemption price equal to the liquidation preference of $100,000 per share plus unpaid dividends and other distributions accumulated from the original issue date to, but excluding, the Redemption Date. The redemption of a portion of CMU’s Series 2051 RVMTP Shares will reduce the amount of its leverage attributable to preferred shares. As of 2026-03-31, the Fund’s leverage was 38.5% and Muni High Yield Group leverage was 33.0%.