Equities

BlackRock MuniYield Michigan Quality Fund, Inc.

MIY:NYQ

BlackRock MuniYield Michigan Quality Fund, Inc.

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FinancialsClosed End Investments
  • Price (USD)11.63
  • Today's Change0.02 / 0.17%
  • Shares traded83.34k
  • 1 Year change+7.88%
  • Beta0.4274
Data delayed at least 15 minutes, as of Nov 22 2024.
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About the company

BlackRock MuniYield Michigan Quality Fund, Inc. (the Fund) is a non-diversified, closed-end management investment company. The Fund's investment objective is to provide shareholders with as high a level of current income exempt from federal and Michigan income taxes as is consistent with its investment policies and prudent investment management. The Fund seeks to achieve its investment objective by investing at least 80% of its assets in municipal obligations exempt from federal income taxes (except that the interest may be subject to the federal alternative minimum tax) and Michigan income taxes. Under normal market conditions, the Fund invests primarily in long-term municipal obligations that are investment grade quality at the time of investment. The Fund invests in various sectors, such as education, health, state, state, utilities, transportation, housing, county/city/special district/school district, and tobacco. The Fund's investment adviser is BlackRock Advisors, LLC.

  • Revenue in USD (TTM)--
  • Net income in USD--
  • Incorporated1992
  • Employees--
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Peer analysis

Key Information
CompanyRevenue (TTM)Net income (TTM)Market capEmployeesPrice/earnings (TTM)Price/book value (MRQ)Price/cash flow (TTM)Price/sales (TTM)EPS (excl. extraordinary items, TTM)EPS (incl. extraordinary items, TTM)Revenue per share (TTM)Book value per share (MRQ)Asset turnover (TTM)Inventory turnover (TTM)Receivables turnover (TTM)Revenues per employee (TTM)Return on avg assets (TTM)Return on avg assets (5 yr avg)Return on investment (TTM)Return on investment (5 yr avg)Gross margin (TTM)Gross margin
(5 yr avg)
Net profit margin (TTM)Net Profit margin
(5 yr avg)
Quick ratio (MRQ)Interest coverage (TTM)Total debt to capital (MRQ)Payout ratio
(5 yr avg)
Revenue
(YOY change %)
Revenue
(5 yr growth rate)
Net income
(YOY change %)
Net income
(5 yr growth rate)
Capital expenditure
(5 yr growth rate)
Dividend
(5 yr growth rate)
Alliancebernstein National Mncpl ncm Fnd25.48m5.38m322.81m--59.970.9208--12.670.18730.18730.886412.200.0433--2.69--0.9156-0.24631.52-0.398945.6863.7221.12-6.44--1.920.00--0.1477-1.0398.75-----6.39
Putnam Municipal Opportunities Trust21.71m10.63m323.02m--45.570.931--14.880.22820.22820.642615.640.0415--2.64--3.631.553.691.5982.5179.9887.5244.58----0.0154368.421.61-4.2295.88-18.93---8.08
Nabors Energy Transition Corp II0.0015.41m327.27m--26.551.3028.86--0.40420.40420.008.270.00------4.79--4.79--------------0.0096--------------
Virtus Convertible & Income Fund24.29m14.31m328.96m--22.990.9801--13.540.15830.15830.26884.820.0435--3.50--3.572.283.882.5353.4975.5882.0053.94----0.1861438.16-3.62-15.82103.09-----11.44
Voyager Acquisition Corp-100.00bn-100.00bn330.66m----1.29----------7.74----------------------------0.00--------------
abrdn Income Credit Strategies Fund-100.00bn-100.00bn334.02m--------------------------------------------------------------
Inflection Point Acquisition Corp II0.0010.54m334.84m--32.421.3244.80--0.33060.33060.008.110.00------4.01--4.03--------------0.0028--------------
Pimco Income Strategy Fund-100.00bn-100.00bn334.95m--------------------------------------------------------------
Putnam Premier Income Trust26.77m32.00m336.51m0.0010.520.9146--12.570.33450.33450.283.850.0436--0.6548--5.210.13587.580.198188.7286.26119.574.59----0.002,781.312.61-4.163,248.727.65---3.87
Blackrock Muniyield Michign Qulty Fd Inc-100.00bn-100.00bn336.86m--------------------------------------------------------------
Cohen & Steers Total Return Real. Fd Inc11.59m18.37m337.12m--18.321.11--29.090.69140.69140.435811.460.0375--6.34--5.957.945.967.9880.9475.88158.62273.02----0.0099.045.671.75138.09-----1.90
RiverNorth Flexible Mncpl Inm Fnd II Inc24.93m31.80m340.92m--10.720.8971--13.681.311.311.0215.610.0401--31.08--5.12--5.15--26.02--127.58------0.3863---8.16--103.58------
Liberty All-Star Growth Fund Inc2.04m36.02m344.69m0.009.570.983--169.190.59860.59860.03395.830.0059--0.988--10.50--10.58---74.09--1,768.09------0.00--11.81--139.95------
Highland Opportunities and Income Fund43.12m-23.26m347.10m----0.4111--8.05-0.3383-0.33830.641114.880.0413--1.40---2.233.25-2.273.4072.2175.30-53.9554.33--0.49230.0081154.10-47.15---145.58------
Eaton Vance Floating-Rate Income Trust-100.00bn-100.00bn349.09m0.00------------------------------------------------------------
Ares Dynamic Credit Allocation Fund Inc52.13m53.01m350.14m--6.601.04--6.722.312.312.2714.710.0954------9.70--10.19--74.34--101.70------0.3824--14.87--222.23------
Data as of Nov 22 2024. Currency figures normalised to BlackRock MuniYield Michigan Quality Fund, Inc.'s reporting currency: US Dollar USD

Institutional shareholders

15.30%Per cent of shares held by top holders
HolderShares% Held
Saba Capital Management LPas of 30 Sep 2024715.87k2.47%
Robinson Capital Management LLCas of 30 Sep 2024685.80k2.37%
MacKay Shields LLCas of 30 Sep 2024664.82k2.30%
Morgan Stanley Smith Barney LLC (Investment Management)as of 30 Sep 2024430.28k1.49%
RiverNorth Capital Management LLCas of 30 Sep 2024404.34k1.40%
Sit Investment Associates, Inc.as of 30 Sep 2024399.01k1.38%
Melone Private Wealth LLCas of 30 Sep 2024378.50k1.31%
Fiera Capital Corp. (Investment Management)as of 30 Sep 2024277.15k0.96%
Merrill Lynch, Pierce, Fenner & Smith, Inc. (Invt Mgmt)as of 30 Sep 2024239.86k0.83%
Logan Stone Capital LLCas of 30 Sep 2024234.52k0.81%
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Data from 30 Sep 2024 - 30 Sep 2024Source: FactSet Research Systems Inc.
Data Provided by LSEG
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