MQT News and Press, Blackrock MuniYield Quality Fund II Inc. From 10/19/20

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...

In years with presidential elections, we take a deeper dive into how the national election could impact state and local governments. Political risk is also an important component of our analysis, as the political party makeup of the executive and legislative branches can have a large ...

Like most areas of the market, the time when people dislike the sector the most is typically the best time to get in. Forward returns in the traditional bond space will be far lower so looking at historical three- and five-year total returns is meaningless. Some funds to consider ...

While most polls have Vice-President Biden ahead by 6-7% points, we know the race has the potential to be much closer. A higher marginal rate should also flatten the muni yield curve over time as the demand for longer-dated paper increases because of the benefits it provides on a taxa...

BlackRock MuniYield Quality Fund II (MQT) declares $0.054/share monthly dividend, 8% increase from prior dividend of $0.050.Forward yield 4.92%Payable Nov. 2; for shareholders of record Oct. 15; ex-div Oct. 14.See MQT Dividend Scorecard, Yield Chart, & Dividend Growth. For further detai...

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...

In U.S. high yield bonds we find the riskiest of credits. I have some concerns about municipal bonds and am particularly concerned about municipal pension bonds. Our 'Borrower's Paradise' is also good news for many leveraged ETFs and closed-end funds. For further details see...

" Municipal bond investors have to share the burden in state bailouts " writes my colleague Josh Rauh, and he is exactly right. Background: State and local governments borrowed a lot of money and blew it. They borrowed further by not funding their pensions. Now Covid comes along, people are ...

At the end of July, Moody's Investors Service released its annual municipal bond market snapshot, US municipal bond defaults and recoveries, 1970-2019, with updates through 2019. The report continues to affirm two hallmark benefits offered by muni bonds. First, municipal defaults and bankruptc...

(Please note: This report was from Aug. 25. Prices and data have changed since then. Please due some additional due diligence before making a trade.) This will be a new monthly report we issue to members. Here we will detail, by asset class and sub-category, finding the two best options....