MYJ News and Press, Blackrock MuniYield New Jersey 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 Advisors, LLC today announced the declaration of a special distribution for BlackRock MuniYield New Jersey Fund, Inc. (NYSE: MYJ) and an early declaration for BlackRock MuniHoldings New Jersey Quality Fund, Inc. (NYSE: MUJ and together with MYJ, the “Funds,” and ...

BlackRock Advisors, LLC announced today that, at a joint special meeting of shareholders (the “Meeting”) of BlackRock MuniYield New Jersey Fund, Inc. (NYSE: MYJ) and BlackRock MuniHoldings New Jersey Quality Fund, Inc. (NYSE: MUJ and together with MYJ, the “Funds,&#...

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,...

BlackRock Advisors, LLC announced today that the Boards of Directors of BlackRock MuniYield New Jersey Fund, Inc. (NYSE: MYJ) and BlackRock MuniHoldings New Jersey Quality Fund, Inc. (NYSE: MUJ) (together, the “Funds”) have approved the reorganization of MYJ with and into ...

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...

The CEF market recovered almost entirely from a recent bump in the road due to inflation worries. We review CEF market valuation and performance over the past week and highlight recent events. We continue to favor the few remaining pockets of value in the space across a few higher...