MYC News and Press, Blackrock MuniYield California Fund Inc.

Glancy Prongay & Murray LLP (“GPM”) announces its investigation of the following BlackRock funds concerning the Company and its directors’ and officers’ possible violations of state laws: If you own stock in one or more of these BlackRock funds, would like to l...

BlackRock MuniYield California Fund (NYSE:MYC) declares $0.0613/share monthly dividend, 33.3% increase from prior dividend of $0.0460. Forward yield 5.64% Payable May 2; for shareholders of record April 7; ex-div April 6. See MYC Dividend Scorecard, Yield Chart, & Dividend Growth. For f...

BlackRock Advisors, LLC today announced the declaration of a special distribution for BlackRock MuniYield California Fund, Inc. (NYSE: MYC) and BlackRock MuniYield California Quality Fund, Inc. (NYSE: MCA) and an early distribution for BlackRock MuniHoldings California Quality Fund, Inc...

BlackRock Advisors, LLC announced today that, at a joint special meeting of shareholders (the “Meeting”) of BlackRock MuniYield California Quality Fund, Inc. (NYSE: MCA) and BlackRock MuniHoldings California Quality Fund, Inc. (NYSE: MUC), the requisite vote of shareholder...

BlackRock MuniYield California Fund (NYSE:MYC) declares $0.046/share monthly dividend, in line with previous. Forward yield 3.94% Payable March 1; for shareholders of record Feb. 15; ex-div Feb. 14. See MYC Dividend Scorecard, Yield Chart, & Dividend Growth. For further details see: ...

BlackRock Advisors, LLC announced today that, at a joint special meeting of shareholders (the “Meeting”) of BlackRock MuniYield California Fund, Inc. (NYSE: MYC), BlackRock MuniYield California Quality Fund, Inc. (NYSE: MCA) and BlackRock MuniHoldings California Quality Fu...

Interest rate volatility prompted another month of negative total returns. Below-average issuance was counterbalanced by a slowdown in demand. November could provide opportunities ahead of seasonal strength in December and January. For further details see: Muni Seasonal ...

Rising interest rates drove negative total returns. Supply and demand dynamics turned less seasonally favorable and acted as a headwind. More attractive valuations could provide near-term opportunity. For further details see: Munis Remained Tethered To Rates In September...

Interest in municipal closed-end funds (CEFs) vs. municipal bonds often stems from higher return potential - this is mostly due to the use of leverage in municipal closed-end funds. Leverage could potentially amplify both the fund's net asset value (NAV) and its distribution; however,...

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....