BlackRock MuniYield Michigan Quality Fund, Inc. (MIY)
BlackRock MuniYield Michigan Quality Fund, Inc. operates in the Asset Management industry of the Financial Services sector, headquartered in New York City, NY, US. The stock last traded at $12.50, up 0.32% on the session, giving a market capitalisation of $362.1M. On trailing twelve-month figures it carries a trailing P/E of 36.76, a net margin of 44.4%. Its beta of 0.47 implies it has historically moved less than the broad market.
The BlackRock MuniYield Michigan Quality Fund, Inc. is a closed-end investment vehicle specializing in fixed income securities. Established by BlackRock, Inc., its day-to-day management is handled by BlackRock Advisors, LLC. This fund primarily allocates its capital within the U.S. fixed income markets, focusing on high-quality, long-term municipal bonds specifically structured to provide exemption from both federal and Michigan state income taxes. The fund, which is legally based in the United States, commenced operations on October 30, 1992.
BlackRock MuniYield Michigan Quality Fund, Inc. is most often compared with the following Financial Services names: