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MuniInsured Fund
Ticker Symbol: MIF** CUSIP: 626245104 Exchange: AMEX
* NOTE: This security is no longer trading as of 10/29/2004
Company's Online Profile
FUND DESCRIPTION: MuniInsured Fund, Inc. is a non-diversified, closed-end management investment company. The fund seeks to provide shareholders with as high a level of current income exempt from Federal income taxes as is consistent with its investment policies and prudent investment management by investing primarily in a portfolio of long-term, investment-grade municipal obligations, the interest on which is exempt from Federal income taxes in the opinion of bond counsel to the issuer. Fund Asset Management L.P., an indirect wholly-owned subsidiary of Merrill Lynch & Co. Inc., is the Fund's investment advisor and provides administrative services to the Fund.
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Notes: On November 21, 2003, the Fund's Board of Directors approved a plan of reorganization, subject to shareholder approval and certain other conditions, whereby MuniYield Insured Fund, Inc. would acquire substantially all of the assets and liabilities of the Fund in exchange for newly issued shares of MuniYield Insured Fund, Inc. These Funds are registered, non-diversified closed-end management investment companies. Both have similar investment objectives and are managed by FAM.
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IPO - 10/1/1987 -
Micro Cap Stock -
Market Value $76.1 Million
Company's Online Information Links
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Company's Online SEC EDGAR Filings |
Address and Phone Numbers |
Address: 800 Scudders Mill Road, Plainsboro, NJ 08536 |
Main Phone Number |
609-282-3319 |
Fax Number |
609-560-4453 |
Toll Free Phone Number |
800-456-4587 |
CEO - Robert C. Doll, Jr. |
CFO - Donald C. Burke |
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