MQY - BlackRock MuniYield Quality Fund

What this means for you

One or more large investors own more than 5% of this fund but have told the regulator they are not seeking changes. That is common for banks, brokers and index funds that hold shares for their clients.

Nothing is required of you. If an investor changes its mind, it must file a new notice within days, and it will show up here.

Email me if this changes

What happened, and when

1. Sept 10, 2026

   The fund said it will repay some borrowed money on Oct 2, 2026.

   Original document →

2. Sept 10, 2026

   The fund said it will repay some borrowed money on Oct 2, 2026.

   Original document →

3. Sept 10, 2026

   The fund said it will repay some borrowed money on Oct 2, 2026.

   Original document →

4. May 15, 2026

   RiverNorth now owns 5.3%, as a passive investor.

   Original document →

5. Feb 27, 2026

   The fund said it will repay some borrowed money on April 1, 2026.

   Original document →

About this fund

• Run by BlackRock Advisors, LLC. Part of the BlackRock-advised Funds fund family. As of July 31, 2025, from the fund's yearly report. Original document →
• Size: about $1.86 billion of holdings, as of April 30, 2026. As of April 30, 2026, from the fund's quarterly holdings report. Original document →
• Borrowing: the fund borrows about 42% on top of its own money, as of April 30, 2026. Borrowed money makes gains and losses bigger. About 63% of that is money the fund has borrowed by selling preferred shares. As of April 30, 2026, from the fund's quarterly holdings report. Original document →
• Costs: 0.5% a year in management fees; 3.2% a year in total, including interest on borrowed money. Fiscal year ended July 31, 2025. As of July 31, 2025, from the fund's yearly report. Original document →
• Payouts: last fiscal year (ended July 31, 2025) the fund paid $0.70 a share. $0.48 of that was income; $0.22 was your own money back, not income. As of July 31, 2025, from the fund's annual report. Original document →
• Value of holdings per share at the last fiscal year end (July 31, 2025): $11.76. The shares traded at $10.96, about 6.8% below that. As of July 31, 2025, from the fund's yearly report. Original document →
• How the holdings did: up 0.7% over the last three months we have (Feb-April 2026), before the share price is taken into account. Over the last 12 months: +8%. As of April 30, 2026, from the fund's quarterly holdings report. Original document →
• How the holdings did over the fiscal year (ended July 31, 2025): the value of the holdings returned -5.6%. How the share price did: the shares returned -6.2% over the same year, counting payouts and the change in the market price. As of July 31, 2025, from the fund's annual report. Original document →
• First reported to the regulator in 1994.

What the fund holds

Mostly tax-free municipal bonds (98%), the rest cash and short-term holdings. About 100% issued in the U.S.

1. Cash and short-term - 3.7%
2. Puerto Rico Sales Tax Financing Corp Sales Tax Revenue, Puerto Rico Sales Tax Fing Corp Sales Tax Revenue - 2%
3. Tampa Bay Water, Tampa Bay FL Wtr Regl Wtr Sply Auth Utility Sys Revenue - 1.4%
4. New York Transportation Development, New York St Transprtn Dev Corp Spl Fac Revenue - 1.4%
5. Tennessee Energy Acquisition Corp Commodity Project Revenue - 1.2%
6. Town of Queen Creek AZ, Queen Creek AZ Cops - 1.1%
7. Pennsylvania Housing Finance Agency, Pennsylvania St Hsg Fin Agy Sf Mtge Revenue - 1.1%
8. Black Belt Energy Gas District, Black Belt Energy Gas Dist Al Gas Project Revenue - 1.1%
9. Triborough Bridge & Tunnel Authority Sales Tax Revenue, Triborough NY Bridge & Tunnel Auth Sales Tax Revenue - 1%
10. Hillsborough County Industrial Development Authority, Hillsborough Cnty Fla Indl Devauth Health Sys Revenue - 1%

As of April 30, 2026, from the fund's quarterly holdings report. Original document →