BlackRock MuniYield Quality Fund III Inc

BlackRock MuniYield Quality Fund III, Inc. operates as a closed-end investment fund. It intends to provide shareholders with current income exempt from federal income taxes as is consistent with its investment policies and prudent investment management. The company was founded on April 13, 1992 and is headquartered in Wilmington, DE.

BlackRock Health Sciences Trust II

Gabelli Dividend & Income Trust

Kayne Anderson MLP Investment

MainStay CBRE Global Infrastructure Megatrends Fund

With the market at nosebleed valuations, where can we look for value and yield?

This Deeply Discounted CEF Mini-Portfolio Yields 9.2%

MYI is a Muni CEF managed by BlackRock with AUM over $800M. It pays a high 5.95% dividend tax free. MYI has a deep NAV Discount at 10.18%, which could be narrowed significantly with the recovery of Muni bond market. The current macro conditions and the strong summer seasonality favor Muni fund like MYI. It is a good time to buy MYI for income investors.

MYI: Buy The Discount For Rate-Cut Rally

BlackRock MuniAssets Fund

Nuveen AMT-Free Quality Municipal Income Fund

It's Tax Day—the perfect time to talk about one of our favorite income plays: municipal bonds.

Tax Day Blues? These 9%+ Dividends Can Slash Your Bill

BlackRock Virginia Municipal Bond Trust

Blackrock Investment Quality Municipal Trust

BlackRock MuniYield Michigan Quality Fund Inc

BlackRock MuniYield Pennsylvania Quality Fund

NEW YORK--(BUSINESS WIRE)--The Boards of Directors/Trustees of BlackRock MuniYield Michigan Quality Fund, Inc. (NYSE: MIY), BlackRock MuniYield Pennsylvania Quality Fund (NYSE: MPA), BlackRock Virginia Municipal Bond Trust (NYSE: BHV), BlackRock Investment Quality Municipal Trust, Inc. (NYSE: BKN) and BlackRock MuniYield Quality Fund III, Inc. (NYSE: MYI) (each, a “Fund” and collectively, the “Funds”) today announced the withdrawal of merger proposals that were previously approved by the Boards.

BlackRock Announces Withdrawal of Municipal Closed-End Fund Merger Proposals

NEW YORK--(BUSINESS WIRE)--BlackRock Advisors, LLC announced today that the Boards of Directors/Trustees of BlackRock MuniYield Michigan Quality Fund, Inc. (NYSE: MIY), BlackRock MuniYield Pennsylvania Quality Fund (NYSE: MPA), BlackRock Virginia Municipal Bond Trust (NYSE: BHV), BlackRock Investment Quality Municipal Trust, Inc. (NYSE: BKN) and BlackRock MuniYield Quality Fund III, Inc. (NYSE: MYI) (each, a “Fund” and collectively, the “Funds”) have approved the mergers of each of MIY, MPA, BHV and BKN with and into MYI, with MYI continuing as the surviving Fund (collectively, the “Mergers”).

BlackRock Announces Board Approval of Municipal Closed-End Fund Mergers

BlackRock Taxable Municipal Bond Trust

Blackrock Municipal Income Trust

Blackrock California Muni Income Trust

Blackrock Municipal Income Trust II

BlackRock 2037 Municipal Target Term Trust

Blackrock New York Municipal Income Trust

Blackrock Long-Term Municipal Advantage Trust

BlackRock Municipal 2030 Target Term Trust

BlackRock Municipal Income Quality Trust

BlackRock MuniHoldings Fund

BlackRock MuniHoldings New York Quality Fund Inc

BlackRock MuniYield Quality Fund II Inc

BlackRock MuniHoldings California Quality Fund Inc

BlackRock MuniHoldings Quality Fund II Inc

BlackRock Municipal Income Fund

BlackRock MuniHoldings New Jersey Quality Fund Inc

BlackRock MuniVest Fund Inc

BlackRock MuniVest Fund II Inc

BlackRock MuniYield Fund

Municipal Closed-End Funds: Near-Term Pain, Long-Term Gain?.

Municipal Closed-End Funds: Near-Term Pain, Long-Term Gain?

BlackRock Resources & Commodities Strategy Trust

BlackRock Energy and Resources Trust

BlackRock Floating Rate Income Trust

BlackRock Enhanced International Dividend Trust

BlackRock Innovation & Growth Trust

BlackRock Enhanced Global Dividend Trust

BlackRock Science and Technology Trust II

BlackRock MuniYield New York Quality Fund Inc

NEW YORK--(BUSINESS WIRE)--Please replace the release dated April 11, 2023, with the following corrected version due to changes in the table, "Summary of share repurchase activity since Repurchase Program inception as of March 31, 2023".

CORRECTING and REPLACING BlackRock Closed-End Fund Share Repurchase Program Update

Pimco Municipal Income Fund

Pimco Municipal Income Fund II

Pimco Municipal Income Fund III

It was only a matter of time. PIMCO's 3 national municipal bond CEFs were having some of the worst NAV performances of all muni bond CEFs over the past year. And yet, PIMCO had been maintaining their ultra-high distributions as if there was no problem.

Municipal Bond CEFs: Surprise, Surprise, PIMCO Finally Cuts Muni Bond CEF Distributions

Eaton Vance

2022 has not been kind to municipal bonds so far with an unusually sharp drawdown to kick off the year, driven by persistent inflation and a hawkish Fed.

Municipal CEF Market Update: A Much-Improved Valuation Profile

BNY Mellon Municipal Bond Infrastructure Fund, Inc. 

BNY Mellon Strategic Municipals, Inc.  

iShares National Muni Bond ETF

Nuveen Municipal Credit Opportunities Fund

VanEck CEF Municipal Income ETF 

Munis are giving us a chance to own them again at some compelling discounts relative to long-term valuations.

Muni Market Update January 2022: The Sector Corrects

Pimco High Income Fund

We review CEF market valuation and performance over the last week of October and highlight recent market events. In aggregate, October was a near mirror-image of the price action in September as the market delivered decent NAV gains as well as strong discount action.

CEF Weekly Market Review: October Mostly Erases September Losses

Apollo Tactical Income Fund, Inc.

Western Asset Mortgage Opportunity Fund

Eagle Point Income Company Inc

PIMCO Dynamic Income Opportunities Fund

We review CEF market valuation and performance over the third week of August and highlight recent market events. August has delivered fairly flat returns so far with CEF sectors following the moves in major asset classes.

CEF Weekly Market Review: Key Hazards To Watch Out For

BNY Mellon Strategic Municipal Bond Fund, Inc.

Eaton Vance Municipal Income 2028 Term Trust

Federated Premier Municipal Income Fund

Pioneer Municipal High Income Advantage Trust

Western Asset Municipal High Income Fund

Neuberger Berman Intermediate Municipal Fund Inc

Nuveen Enhanced Municipal Value Fund

Nuveen Georgia Quality Municipal Income Fund

Nuveen Municipal High Income Opportunity Fund

Nuveen Municipal Value Fund Inc

Nuveen New Jersey Quality Municipal Income Fund

Nuveen Select Tax-Free Income Portfolio 3

Invesco Municipal Income Opportunities Trust

Pimco New York Municipal Income Fund II

Invesco Pennsylvania Value Municipal Income Trust

The muni CEF space is largely buy-and-hold (or long-term rental agreements). But right now, there's a lot of dislocation in the sector. Some funds are extremely expensive while others are relatively cheap. Making swaps makes sense to rotate into the better opportunities and see more discount closing tailwinds.

More Relative Value Trades And Opportunities: Munis

Nuveen Quality Municipal Income Fund

Nuveen AMT-Free Municipal Value Fund

Nuveen Municipal Credit Income Fund

The muni CEF sector has continued to rally this year due to the resilience of municipal bond yields and tight CEF discounts.

Rotation Choices For Expensive Muni CEFs

MFS High Yield Municipal Trust

MFS Investment Grade Municipal Trust

Nuveen Intermediate Duration Municipal Term Fund

We take a look at the Municipal CEF sector which has held up very well despite a rise in Treasury yields. Fundamentals remain in good shape with the fiscal stimulus feeding through and the potential infrastructure tailwind in the pipeline.

Municipal CEF Market Update

DoubleLine Income Solutions Fund

Nuveen Build America Bond Fund

Virtus AllianzGI Convertible & Income Fund

Virtus AllianzGI Convertible & Income Fund II

With valuations tightening and a number of risks on the radar, it makes sense to take a margin-of-safety approach to income portfolios. A number of CEF strategies can provide additional margin-of-safety without necessarily reducing income.

Margin Of Safety CEF Opportunities

BlackRock Corporate High Yield Fund

MFS Municipal Income Trust

We take a look at the different CEF yield metrics, focusing in particular on net asset portfolio yields after fees - what investor capital actually "earns" in the fund.

CEF Yields Are Less Than Meets The Eye

News for BlackRock MuniYield Quality Fund III Inc ETF (MYI)