Blackrock MuniYield Fund Inc Portfolio Analysis and Metrics

The Blackrock MuniYield Fund Inc is a popular investment option for those seeking tax-exempt income. The fund invests primarily in municipal bonds, which are issued by local governments and other tax-exempt entities.

The fund has a diverse portfolio, with over 3,000 individual holdings across various sectors, including general obligation bonds, revenue bonds, and taxable bonds. This diversification helps to minimize risk and maximize returns.

The fund's investment strategy is focused on generating current income, with a secondary objective of preserving capital. The fund's managers aim to maintain a high level of liquidity to meet investor redemptions.

The Blackrock MuniYield Fund Inc has a long history, with over 50 years of operation. This experience has enabled the fund to develop a strong track record and build a loyal investor base.

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The BlackRock MuniYield Fund Inc has shown a mean historical Dividend Yield of 5.33% over the last ten years. This is a significant figure that indicates the fund's past performance in terms of dividend distribution.

The current Dividend Yield of 5.92% has changed by 11.11% with respect to the historical average. This means that the fund's dividend yield has increased by a substantial margin compared to its past performance.

The Dividend Yield was at its highest in the April 2018 quarter at 2.87%, and at its lowest in the January 2021 quarter at 0.44%. This shows that the fund's dividend yield has fluctuated over the years, with some quarters showing significantly higher or lower yields.

Here's a quick rundown of the fund's performance in terms of Dividend Yield:

The fund's performance in terms of Return on Equity (ROE) is also worth noting. The mean historical ROE of BlackRock Municipal Income Fund, Inc. over the last ten years is 8.41%. This is a crucial indicator of the fund's ability to generate returns for its investors.

The current ROE of 0.27% has changed by -96.82% with respect to the historical average. This significant decline in ROE is a cause for concern, indicating that the fund may not be performing as well as it has in the past.

The ROE was at its highest in the April 2019 quarter at 6.77%, and at its lowest in the April 2020 quarter at -6.40%. This shows that the fund's ROE has fluctuated over the years, with some quarters showing significantly higher or lower returns.

In terms of overall performance, the fund's Return Ranking - Trailing shows that it has performed relatively poorly compared to its category. The fund's YTD return of -2.0% ranks 98.93% in its category, indicating that it has underperformed its peers.

Here's a summary of the fund's performance over the past few years:

The fund's Total Return Ranking - Calendar shows that it has performed relatively poorly in recent years, with a return of -5.5% in 2024 ranking 99.73% in its category. This indicates that the fund has underperformed its peers in recent years.

The BlackRock MuniYield New York Quality Fund Inc has a solid foundation to build on. The fund's legal name is BlackRock MuniYield New York Quality Fund Inc.

Its inception date is a notable milestone, having launched on September 26, 2001. This gives the fund a long history to draw from.

The fund's shares outstanding total 39,586,584, which can be a significant number to consider for investors.

Curious to learn more? Check out: Blackrock Muniyield Quality Fund Inc

The BlackRock MuniYield Fund Inc is a closed-end municipal bond fund that has been around since 1980. It's a well-established investment option.

The fund's primary objective is to provide a high level of current income exempt from federal income tax. This is achieved through investing in a diversified portfolio of municipal securities.

The fund's investment strategy involves investing in a wide range of municipal securities, including general obligation bonds, revenue bonds, and industrial development bonds. This diversification helps to minimize risk.

As of the latest available data, the fund's net asset value (NAV) was around $12.50 per share. This is a key metric to keep in mind when evaluating the fund's performance.

The fund's expense ratio is around 0.85%, which is relatively low compared to other closed-end funds. This means that investors can expect to pay lower fees.

The fund has a long history of paying dividends, with a current dividend yield of around 4.5%. This is a significant source of income for investors.

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The fund's management team has a strong track record of managing municipal bond portfolios. They have extensive experience in the industry and a deep understanding of the municipal bond market.

The fund's portfolio is diversified across various sectors, including education, healthcare, and transportation. This helps to reduce risk and increase potential returns.

On a similar theme: Pimco Muni Etf

The Blackrock Muniyield Fund Inc has a range of fees and distribution details that investors should be aware of. The fund's expense ratio is 1.47%, which is higher than the category average.

Here are some key fees and distributions to consider:

The fund's net income ratio is 4.17%, which suggests that a significant portion of the fund's income is distributed to investors. Additionally, the fund has a dividend yield of 0.0% and a dividend distribution frequency of monthly.

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Operating fees can add up quickly, so it's essential to understand what you're paying for. The expense ratio for XMYNX is 1.47% of the Assets Under Management (AUM).

This fee is made up of several components, including the management fee, which is 0.50% of the AUM. That's a significant chunk of change, especially if you're investing a large sum.

Here's a breakdown of the operating fees for XMYNX:

The administrative fee is not applicable for XMYNX, as it's listed as N/A. However, the 12b-1 fee is also not applicable, as it's listed as N/A.

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Distributions are a crucial aspect of any investment, and understanding how they work can make a big difference in your bottom line. Let's take a closer look at the distribution facts.

The YTD Total Return is -2.0%, which means you've lost 2% of your investment so far this year. The 3 Yr Annualized Total Return is 7.6%, indicating a decent return over the past three years. On the other hand, the 5 Yr Annualized Total Return is 5.3%, which is a more modest return over the past five years.

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The Net Income Ratio is 4.17%, which is the percentage of income generated from net investment income. This is a key metric to watch, as it can impact your investment's overall performance.

Here's a breakdown of the distribution frequencies and yields:

It's worth noting that the Capital Gain Distribution Frequency is N/A, which means we don't have enough information to determine the frequency of capital gains distributions.

Sales fees can eat into your investment returns, so it's essential to understand what they are and how they work.

For XMYNX, there are two types of sales fees: front load and deferred load. Both have different fees associated with them.

Front load sales fees are typically not applicable to XMYNX, but if they were, the fee would range from 0.50% to 4.75% of the investment's assets under management.

Deferred load sales fees are also not applicable to XMYNX, but if they were, the fee would range from 0.25% to 5.00% of the investment's assets under management.

Here's a summary of the sales fees for XMYNX: