Companies

BLACKROCK MUNIYIELD MICHIGAN QUALITY FUND, INC.

MIY · CIK 0000890393 · other

$12.58+1.62%Last updated Feb 28, 12:45 AM

Key Statistics

Valuation

Market Cap$364.38M
P/E
Fwd P/E
PEG
P/S14.09
P/B1.07
EV/EBITDA
EV/Rev

Profitability

Gross Margin
Op. Margin
Net Margin
ROE
ROA
FCF Margin

Financial Health

Current Ratio
Debt/Equity
Free Cash Flow
Div. Yield5.20%

Growth & Other

Revenue Growth
EPS Growth
Beta0.51
52W High$12.77
52W Low$10.57

About BLACKROCK MUNIYIELD MICHIGAN QUALITY FUND, INC.

Incorporated in New Jersey and headquartered in New York, BlackRock MuniYield Michigan Quality Fund, Inc. operates as a closed-end fixed income mutual fund managed by BlackRock Advisors, LLC. The fund was established in October 1992 and focuses exclusively on municipal bond investments.

The fund's investment strategy centers on long-term municipal obligations issued within the United States, with a specific emphasis on Michigan-based securities. Portfolio holdings are limited to investment-grade bonds that offer exemption from federal income taxes and Michigan state income taxes, targeting tax-advantaged returns for Michigan residents and other investors seeking municipal bond exposure in that state. The fund operates with a fixed capitalization structure typical of closed-end funds, allowing it to maintain consistent capital and pursue longer-term investment objectives without the cash flow pressures of open-end mutual funds.

BlackRock Advisors manages the fund's portfolio and operations as part of BlackRock, Inc.'s broader asset management platform. The fund represents a specialized offering within BlackRock's municipal bond fund lineup, serving investors seeking targeted exposure to Michigan municipal securities with credit quality constraints.

Annual Reports (10-K) · 0 filings

No 10-K filings found.