BlackRock Investment Quality Municipal Trust, Inc.

BlackRock Investment Quality Municipal Trust, Inc. is a closed-end management investment company specializing in the fixed income sector, primarily through investments in municipal bonds. Its primary function is to provide investors with high current income that is exempt from regular U.S. federal income tax, while also focusing on the preservation of capital. The fund achieves this by allocating at least 80% of its assets to municipal obligations that generate federally tax-exempt interest, although some may be subject to alternative minimum tax. The trust mainly targets securities rated investment grade at the time of purchase but may hold up to 20% in unrated securities deemed to be of similar quality by its adviser. It may also utilize derivatives for exposure. Managed by BlackRock Advisors, LLC, the trust plays a significant role for investors seeking consistent income, tax efficiency, and access to diversified municipal debt instruments within a regulated closed-end fund structure.