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1D
1W
1M
3M
6M
YTD
1Y
2Y
5Y
ALL
AUM
$1.49B
P/E ratio
22.4
Dividend yield
6.3671%
Expense ratio
2.65%
Beta
0.644855
Previous close
$9.98
Today's open
$10
Day's range
$9.97 - $10.04
52 week range
$9.37 - $11.46
show more
Headquarters
US
Exchange
New York Stock Exchange
Issue type
Common Stock
Bonds
Domestic
Municipal
Navigating This Income Market Sell-Off
We take a look at this income market sell-off and review some of the key strategies investors can use to take the most advantage of it. Relying on static buy-under targets is ineffective and potentially dangerous during both systemic and idiosyncratic drawdowns. Effective risk management requires scenario analysis, diversification, and an 'All Weather' allocation approach rather than single-outcome bets.
Seeking Alpha • Oct 19, 2026

The Fed Rate Hike Just Made These 4 Muni Funds a Smarter Buy Than MUB
The Fed just handed muni bond investors a rare pricing window, but the funds worth buying are not the ones most investors already own.
24/7 Wall Street • Sep 24, 2026

MYI: An Income Opportunity For Higher Rate Taxpayers
Investment instruments should be used for their intended purposes; futures and options for capital excitement, Treasuries for income, and munis for tax-advantaged income. Municipal bonds (munis) offer tax-free income but come with credit risk, making diversification essential; building a personal diversified portfolio is costly and inefficient. Munis are attractive for those with a Federal income tax rate above 24%, providing better tax-equivalent yields despite higher risk and lower interest rates.
Seeking Alpha • May 5, 2025

This Deeply Discounted CEF Mini-Portfolio Yields 9.2%
With the market at nosebleed valuations, where can we look for value and yield?
Forbes • Jul 13, 2024

MYI: Buy The Discount For Rate-Cut Rally
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.
Seeking Alpha • Jul 11, 2024

Tax Day Blues? These 9%+ Dividends Can Slash Your Bill
It's Tax Day—the perfect time to talk about one of our favorite income plays: municipal bonds.
Forbes • Apr 16, 2024

BlackRock Announces Withdrawal of Municipal Closed-End Fund Merger Proposals
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.
Business Wire • Oct 30, 2023

BlackRock Announces Board Approval of Municipal Closed-End Fund Mergers
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”).
Business Wire • Sep 8, 2023

Municipal Closed-End Funds: Near-Term Pain, Long-Term Gain?
Municipal Closed-End Funds: Near-Term Pain, Long-Term Gain?.
Seeking Alpha • Apr 26, 2023

CORRECTING and REPLACING BlackRock Closed-End Fund Share Repurchase Program Update
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".
Business Wire • Apr 14, 2023

¹ Disclosures

Open an M1 investment account to buy and sell Blackrock MuniYield Quality Fund III Inc commission-free¹. Build wealth for the long term using automated trading and transfers.