Equities

BlackRock MuniYield Michigan Quality Fund, Inc.

MIY:NYQ

BlackRock MuniYield Michigan Quality Fund, Inc.

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FinancialsClosed End Investments
  • Price (USD)11.65
  • Today's Change-0.08 / -0.68%
  • Shares traded86.14k
  • 1 Year change+13.88%
  • Beta0.4279
Data delayed at least 15 minutes, as of Nov 13 2024.
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About the company

BlackRock MuniYield Michigan Quality Fund, Inc. (the Fund) is a non-diversified, closed-end management investment company. The Fund's investment objective is to provide shareholders with as high a level of current income exempt from federal and Michigan income taxes as is consistent with its investment policies and prudent investment management. The Fund seeks to achieve its investment objective by investing at least 80% of its assets in municipal obligations exempt from federal income taxes (except that the interest may be subject to the federal alternative minimum tax) and Michigan income taxes. Under normal market conditions, the Fund invests primarily in long-term municipal obligations that are investment grade quality at the time of investment. The Fund invests in various sectors, such as education, health, state, state, utilities, transportation, housing, county/city/special district/school district, and tobacco. The Fund's investment adviser is BlackRock Advisors, LLC.

  • Revenue in USD (TTM)--
  • Net income in USD--
  • Incorporated1992
  • Employees--
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Peer analysis

Key Information
CompanyRevenue (TTM)Net income (TTM)Market capEmployeesPrice/earnings (TTM)Price/book value (MRQ)Price/cash flow (TTM)Price/sales (TTM)EPS (excl. extraordinary items, TTM)EPS (incl. extraordinary items, TTM)Revenue per share (TTM)Book value per share (MRQ)Asset turnover (TTM)Inventory turnover (TTM)Receivables turnover (TTM)Revenues per employee (TTM)Return on avg assets (TTM)Return on avg assets (5 yr avg)Return on investment (TTM)Return on investment (5 yr avg)Gross margin (TTM)Gross margin
(5 yr avg)
Net profit margin (TTM)Net Profit margin
(5 yr avg)
Quick ratio (MRQ)Interest coverage (TTM)Total debt to capital (MRQ)Payout ratio
(5 yr avg)
Revenue
(YOY change %)
Revenue
(5 yr growth rate)
Net income
(YOY change %)
Net income
(5 yr growth rate)
Capital expenditure
(5 yr growth rate)
Dividend
(5 yr growth rate)
Nabors Energy Transition Corp II0.0014.95m326.05m--27.271.3144.25--0.3920.3920.008.160.00------9.15--9.18--------------0.0097--------------
Putnam Municipal Opportunities Trust21.71m10.63m326.44m--46.050.9409--15.040.22820.22820.642615.640.0415--2.64--3.631.553.691.5982.5179.9887.5244.58----0.0154368.421.61-4.2295.88-18.93---8.08
Alliancebernstein National Mncpl ncm Fnd25.48m5.38m326.54m--60.670.9314--12.820.18730.18730.886412.200.0433--2.69--0.9156-0.24631.52-0.398945.6863.7221.12-6.44--1.920.00--0.1477-1.0398.75-----6.39
Blackrock Muniholdings New York Qulty Fd-100.00bn-100.00bn328.12m--------------------------------------------------------------
Nuveen Core Plus Impact Fund31.94m32.49m328.67m--10.110.9597--10.291.131.131.1111.910.0584--265.73--5.94--6.56--43.94--101.74------0.3462---6.36--111.53------
Voyager Acquisition Corp-100.00bn-100.00bn330.99m-----------------0.003--------------------------------------------
Inflection Point Acquisition Corp II0.0011.89m337.34m--28.891.3456.56--0.37370.37370.008.060.00------4.58--4.59--------------0.00--------------
Pimco Income Strategy Fund-100.00bn-100.00bn338.93m--------------------------------------------------------------
Blackrock Muniyield Michign Qulty Fd Inc-100.00bn-100.00bn339.76m--------------------------------------------------------------
abrdn Income Credit Strategies Fund-100.00bn-100.00bn341.32m--------------------------------------------------------------
Putnam Premier Income Trust26.77m32.00m343.20m0.0010.730.9328--12.820.33450.33450.283.850.0436--0.6548--5.210.13587.580.198188.7286.26119.574.59----0.002,781.312.61-4.163,248.727.65---3.87
Ares Dynamic Credit Allocation Fund Inc52.13m53.01m344.41m--6.501.02--6.612.312.312.2714.710.0954------9.70--10.19--74.34--101.70------0.3824--14.87--222.23------
Cohen & Steers Total Return Real. Fd Inc11.59m18.37m345.50m--18.771.13--29.820.69140.69140.435811.460.0375--6.34--5.957.945.967.9880.9475.88158.62273.02----0.0099.045.671.75138.09-----1.90
RiverNorth Flexible Mncpl Inm Fnd II Inc24.93m31.80m346.04m--10.880.9105--13.881.311.311.0215.610.0401--31.08--5.12--5.15--26.02--127.58------0.3863---8.16--103.58------
Saratoga Investment Corp155.26m21.18m346.26m0.0016.370.927--2.231.531.5311.4827.070.131--388.07--1.793.831.813.9244.4742.3113.6434.88--1.620.692679.2945.0224.68-63.80-13.56--6.78
Eaton Vance Floating-Rate Income Trust-100.00bn-100.00bn348.04m0.00------------------------------------------------------------
Data as of Nov 13 2024. Currency figures normalised to BlackRock MuniYield Michigan Quality Fund, Inc.'s reporting currency: US Dollar USD

Institutional shareholders

15.70%Per cent of shares held by top holders
HolderShares% Held
Saba Capital Management LPas of 30 Jun 2024715.87k2.47%
Robinson Capital Management LLCas of 30 Sep 2024685.80k2.37%
MacKay Shields LLCas of 30 Sep 2024664.82k2.30%
Sit Investment Associates, Inc.as of 30 Jun 2024549.05k1.90%
Morgan Stanley Smith Barney LLC (Investment Management)as of 30 Jun 2024424.96k1.47%
RiverNorth Capital Management LLCas of 30 Jun 2024379.34k1.31%
Melone Private Wealth LLCas of 30 Sep 2024378.50k1.31%
Fiera Capital Corp. (Investment Management)as of 30 Sep 2024277.15k0.96%
Logan Stone Capital LLCas of 30 Jun 2024240.64k0.83%
Merrill Lynch, Pierce, Fenner & Smith, Inc. (Invt Mgmt)as of 30 Jun 2024229.87k0.79%
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Data from 30 Jun 2024 - 30 Sep 2024Source: FactSet Research Systems Inc.
Data Provided by LSEG
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