MIY
Price:
$11.65
Market Cap:
$337.44M
BlackRock MuniYield Michigan Quality Fund, Inc. is a closed-ended fixed income mutual fund launched by BlackRock, Inc. It is managed by BlackRock Advisors, LLC. The fund invests in the fixed income markets of the United States. It primarily invests in investment grade, long-term municipal obligations exempt from federal income taxes and Michigan income taxes. BlackRock MuniYield Michigan Quality Fund, Inc. was formed on October 30, 1992 and is domiciled in the United States.[Read more]
Industry
Asset Management
IPO Date
1992-11-04
Stock Exchange
NYSE
Ticker
MIY
According to BlackRock MuniYield Michigan Quality Fund, Inc.’s latest financial reports and current stock price. The company's current ROE is 4.82%. This represents a change of 300.51% compared to the average of 1.20% of the last 4 quarters.
The mean historical ROE of BlackRock MuniYield Michigan Quality Fund, Inc. over the last ten years is 2.71%. The current 4.82% ROE has changed 77.92% with respect to the historical average. Over the past ten years (40 quarters), MIY's ROE was at its highest in in the July 2019 quarter at 6.67%. The ROE was at its lowest in in the July 2022 quarter at -8.27%.
Average
2.71%
Median
4.85%
Minimum
-13.37%
Maximum
10.45%
Discovering the peaks and valleys of BlackRock MuniYield Michigan Quality Fund, Inc. ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 347.73%
Maximum Annual ROE = 10.45%
Minimum Annual Increase = -520.92%
Minimum Annual ROE = -13.37%
Year | ROE | Change |
---|---|---|
2024 | 4.84% | -520.92% |
2023 | -1.15% | -91.41% |
2022 | -13.37% | -361.09% |
2021 | 5.12% | 5.41% |
2020 | 4.86% | -40.30% |
2019 | 8.14% | 347.73% |
2018 | 1.82% | -350.36% |
2017 | -0.73% | -106.95% |
2016 | 10.45% | 46.84% |
2015 | 7.12% | -45.29% |
The current ROE of BlackRock MuniYield Michigan Quality Fund, Inc. (MIY) is greater than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
-3.23%
5-year avg
0.06%
10-year avg
2.71%
BlackRock MuniYield Michigan Quality Fund, Inc.’s ROE is greater than John Hancock Income Securities Trust (-3.94%), less than MFS High Income Municipal Trust (4.73%), less than MFS Investment Grade Municipal Trust (2.17%), less than Virtus Convertible & Income 2024 Target Term Fund (21.86%), greater than BlackRock MuniHoldings Fund, Inc. (-1.67%), less than BlackRock Municipal Income Fund, Inc. (0.27%), less than Nuveen Dynamic Municipal Opportunities Fund (2.51%), greater than BlackRock MuniYield Quality Fund, Inc. (-0.89%), less than DWS Municipal Income Trust (3.59%), less than BlackRock MuniYield Quality Fund III, Inc. (4.56%), greater than DTF Tax-Free Income 2028 Term Fund Inc. (-1.35%), less than Eaton Vance National Municipal Opportunities Trust (11.25%), less than Invesco High Income 2024 Target Term Fund (11.57%), less than BlackRock MuniHoldings New York Quality Fund, Inc. (3.63%), less than Nuveen California Select Tax-Free Income Portfolio (12.50%), less than Federated Hermes Premier Municipal Income Fund (3.80%),
Company | ROE | Market cap |
---|---|---|
-3.94% | $133.59M | |
4.73% | $119.17M | |
2.17% | $66.38M | |
21.86% | $167.75M | |
-1.67% | $635.08M | |
0.27% | $904.22M | |
2.51% | $627.19M | |
-0.89% | $882.83M | |
3.59% | $386.24M | |
4.56% | $748.42M | |
-1.35% | $79.15M | |
11.25% | $266.40M | |
11.57% | $66.25M | |
3.63% | $322.98M | |
12.50% | $84.62M | |
3.80% | $127.63M |
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