MCA News and Press, Blackrock MuniYield California Quality Fund Inc. From 10/09/21

We review CEF market valuation and performance over the last week of September and highlight recent market events. After a string of positive returns, the CEF space finished September in the red as both NAVs and discounts moved lower with shorter-duration credit sectors outperforming....

BlackRock Advisors, LLC announced today that the Boards of Directors of BlackRock MuniYield California Fund, Inc. (NYSE: MYC), BlackRock MuniYield California Quality Fund, Inc. (NYSE: MCA), and BlackRock MuniHoldings California Quality Fund, Inc. (NYSE: MUC) (collectively, the “F...

Modestly negative performance in August capped a robust summer seasonal period. Issuance exceeded expectations, resulting in less of a supply/demand imbalance than is typical. We maintain a defensive posture into the historically less favorable month of September. For furthe...

Rallying interest rates drove strong muni bond performance in July. Market dynamics remained seasonally favorable, with demand for munis broadly outpacing supply. A more defensive posture may be warranted ahead of elevated risks in the fall. For further details see: Muni...

Only funds with coverage >100% are considered. Top lists of discount, yield, DxY and DxYxZ are given. With discounts contracting, few non-muni income choices are attractively valued anymore. For further details see: The Quality Closed-End Fund Report, April 2021

The boards of directors (the “Board”) of the BlackRock closed-end funds listed in the below table (each a “Fund” and collectively, the “Funds”) announced that each Fund has elected to be subject to the Maryland Control Share Acquisition Act (the...

BlackRock MuniYield California Quality Fund (MCA) declares $0.053/share monthly dividend, in line with previous.Forward yield 4.42%Payable Nov. 2; for shareholders of record Oct. 15; ex-div Oct. 14.See MCA Dividend Scorecard, Yield Chart, & Dividend Growth. For further details see: ...

BlackRock Advisors, LLC announced today that the Boards of Directors/Trustees of sixty two BlackRock municipal, taxable fixed-income, and equity closed-end funds (the “Funds”) have authorized the renewal of open market share repurchase programs (the “Repurchase Prog...

Author's note: this article was released to members of CEF/ETF Income Laboratory on June 28, 2020. Please check latest data before investing. The Weekly Closed-End Fund Roundup will be put out at the start of each week to summarize recent price movements in closed-end fund [CEF] sectors ...

The number of confirmed COVID-19 cases in the U.S. increased by 52.1K on Friday, with infections in Florida climbing by 6.4% on Thursday and ~5.3% on Friday. More news on: Nuveen California Quality Municipal Income Fund, PIMCO California Municipal Income Fund III, Pimco California Munici...