Blackrock Muniyield Price, Forecast, Insider, Ratings, Fundamentals & Signals

New york--(business wire)--certain blackrock closed-end funds (the “funds”) announced distributions today as detailed below. municipal funds: declaration- 3/1/2024   ex-date- 3/14/2024   record- 3/15/2024   payable- 4/1/2024 national funds ticker distribution change from prior distribution blackrock municipal income quality trust* bym $0.052500 - blackrock long-term municipal advantage trust* bta $0.043500 - blackrock muniassets fund, inc.* mua $0.055500 - blackrock municipal income fund, inc.

New york--(business wire)--the boards of directors/trustees of blackrock muniyield michigan quality fund, inc. (nyse: miy), blackrock muniyield pennsylvania quality fund (nyse: mpa), blackrock virginia municipal bond trust (nyse: bhv), blackrock investment quality municipal trust, inc. (nyse: bkn) and blackrock muniyield quality fund iii, inc. (nyse: myi) (each, a “fund” and collectively, the “funds”) today announced the withdrawal of merger proposals that were previously approved by the boards.

New york--(business wire)--blackrock advisors, llc announced today that the boards of directors/trustees of blackrock muniyield michigan quality fund, inc. (nyse: miy), blackrock muniyield pennsylvania quality fund (nyse: mpa), blackrock virginia municipal bond trust (nyse: bhv), blackrock investment quality municipal trust, inc. (nyse: bkn) and blackrock muniyield quality fund iii, inc. (nyse: myi) (each, a “fund” and collectively, the “funds”) have approved the mergers of each of miy, mpa, bhv and bkn with and into myi, with myi continuing as the surviving fund (collectively, the “mergers”).

New york--(business wire)--please replace the release dated april 11, 2023, with the following corrected version due to changes in the table, "summary of share repurchase activity since repurchase program inception as of march 31, 2023".

It was only a matter of time. PIMCO's 3 national municipal bond CEFs were having some of the worst NAV performances of all muni bond CEFs over the past year. And yet, PIMCO had been maintaining their ultra-high distributions as if there was no problem.

2022 has not been kind to municipal bonds so far with an unusually sharp drawdown to kick off the year, driven by persistent inflation and a hawkish Fed.

Munis are giving us a chance to own them again at some compelling discounts relative to long-term valuations.

We review CEF market valuation and performance over the last week of October and highlight recent market events. In aggregate, October was a near mirror-image of the price action in September as the market delivered decent NAV gains as well as strong discount action.

We review CEF market valuation and performance over the third week of August and highlight recent market events. August has delivered fairly flat returns so far with CEF sectors following the moves in major asset classes.

The muni CEF sector has continued to rally this year due to the resilience of municipal bond yields and tight CEF discounts.

We take a look at the Municipal CEF sector which has held up very well despite a rise in Treasury yields. Fundamentals remain in good shape with the fiscal stimulus feeding through and the potential infrastructure tailwind in the pipeline.

With valuations tightening and a number of risks on the radar, it makes sense to take a margin-of-safety approach to income portfolios. A number of CEF strategies can provide additional margin-of-safety without necessarily reducing income.

We take a look at the different CEF yield metrics, focusing in particular on net asset portfolio yields after fees - what investor capital actually "earns" in the fund.

The Treasury curve bear-steepened and muni yields followed higher. Moody’s: Covid-19 will result in state and local government austerity and higher leverage.