BlackRock Municipal Income Quality Trust (BYM)
BlackRock Municipal Income Quality Trust operates in the Asset Management - Income industry of the Financial Services sector, headquartered in New York City, NY, US. The stock last traded at $11.05, down 0.04% on the session, giving a market capitalisation of $286.2M. On trailing twelve-month figures it carries a trailing P/E of -17.27, a net margin of -72.1%. Its beta of 0.81 implies it has historically moved less than the broad market.
Established on October 31, 2002, and based in the United States, the BlackRock Municipal Income Quality Trust operates as a closed-end mutual fund concentrating on fixed-income securities. This trust was initiated by BlackRock, Inc., and its day-to-day management is handled by BlackRock Advisors, LLC. Its investment strategy primarily targets the U.S. fixed income landscape, with a significant focus on high-quality municipal bonds that provide exemption from federal income taxes, including the alternative minimum tax.
BlackRock Municipal Income Quality Trust is most often compared with the following Financial Services names: