MYI News and Press, Blackrock MuniYield Quality Fund III Inc From 07/30/21

Blackrock MuniYield Quality Fund III Inc (NYSE:MYI) traded at a new 52-week high today of $15.15. So far today approximately 88,000 shares have been exchanged, as compared to an average 30-day volume of 80,000 shares. Blackrock MuniYield Quality Fund III Inc (NYSE:MYI) has potential upsi...

Tax-exempt municipal bond funds (including both conventional funds and ETFs) have recorded 19 straight weeks of estimated net inflows. Money market funds attracted $23.6 billion over that Lipper fund-flows week, and the VIX ended at 28.43 (currently around 17.01)-safe to say uncertain...

During the first half of the year, municipal bonds (munis) shrugged off the rise in long-term U.S. interest rates and crushed their taxable counterparts. Looking at fundamental credit strength, state tax receipts are much better than were estimated a year ago. Municipal bonds are ...

While political forces could alter their course, we believe that passage of these infrastructure bills would have a positive impact on the municipal market. If enacted into law, taxes for high income earners are likely to increase, which could fuel additional demand for tax-free munic...

Compared to other income-oriented sectors like bonds and REITs, closed-end funds (CEFs) have considerably higher yields. Currently, the S-Network Composite Closed-End Fund Index (CEFX) has a yield of 6.97% and the S-Network Municipal Bond Closed-End Fund Index (CEFMX) has a yield of 4...

Many municipal negative sector outlooks assigned during the pandemic were revised back to stable during the first and second quarters. As mentioned earlier, the states of CT, IL, and NJ have been improving, albeit from low levels. They have put in place plans to increase the funding o...

Faced with higher inflation numbers, the Federal Reserve has begun to create more meaningful parameters around its evolving stance on monetary policy. Although the changes could be less dramatic than many expect, we believe that investors should be prepared for higher market volatilit...

The second quarter of 2021 saw a drop in US Treasury yields, as well as in high-grade tax-free bond yields. The quarter in general was one that saw continued increases in month-over-month inflation but little real reaction in the bond markets. The Federal Reserve has continued to ...

The potential for higher U.S. taxes, coupled with regulatory risks and shifting growth momentum, tempers our near-term enthusiasm for U.S. equities. Euro area business activity surged in June as the region catches up on the restart that has been led by the U.S. and UK. Investors w...

The muni CEF sector has continued to rally this year due to the resilience of municipal bond yields and tight CEF discounts. A number of funds, however, have grown to premium valuations that are unlikely to prove sustainable. In this article, we take a look at a number of these fu...