# BlackRock MuniYield Pennsylvania Quality Fund (MPA): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/mpa for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: BlackRock · Asset class: Fixed Income - Strategy: Thematic · Inception: 1992-10-30 The BlackRock MuniYield Pennsylvania Quality Fund is a closed-end mutual fund, established on November 4, 1992, and domiciled in the United States. Initiated by BlackRock, Inc. and overseen by BlackRock Advisors, LLC, this fund concentrates its investments in the fixed-income market. Its main focus is on long-term, investment-grade municipal debt securities that are exempt from both federal and Pennsylvania income taxes. The portfolio may also include short-term investments and other bond classifications. ## Key Facts | Metric | Value | |---|---| | Price | $10.05 | | Expense Ratio | 3.29% | | Assets Under Management | $146.3M | | NAV | $11.30 | | Holdings Count | 176 | | Distribution Yield (TTM) | 5.88% | | Annual Distribution (TTM) | $0.59 /share | | Distribution Frequency | Monthly | | 52-Week Range | $9.51 – $11.87 | | Beta | 0.61 | ## Latest Distribution - Amount: $0.0477 /share - Ex-date: 2026-12-11 - Pay date: 2026-12-22 ## Frequently Asked Questions ### What does MPA invest in? The BlackRock MuniYield Pennsylvania Quality Fund is a closed-end mutual fund, established on November 4, 1992, and domiciled in the United States. Initiated by BlackRock, Inc. and overseen by BlackRock Advisors, LLC, this fund concentrates its investments in the fixed-income market. Its main focus is on long-term, investment-grade municipal debt securities that are exempt from both federal and Pennsylvania income taxes. The portfolio may also include short-term investments and other bond classifications. ### What is the expense ratio of MPA? BlackRock MuniYield Pennsylvania Quality Fund (MPA) charges an expense ratio of 3.29%. This is the annual fee deducted from fund assets to cover management and operations. ### What is MPA's dividend yield? MPA's trailing-twelve-month yield is 5.88%, calculated from the sum of dividends over the past year divided by the current price. ### What is the duration of MPA? Effective duration measures MPA's sensitivity to interest-rate changes: a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. MPA's current duration is published on the fund's factsheet on the issuer's website. ### What is the credit quality of MPA? MPA's credit quality breakdown (the share of holdings rated AAA through CCC and below) is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds. ### What is the yield to maturity of MPA? Yield to maturity (YTM) is the total return you'd earn from MPA if every bond in the portfolio is held to maturity at the current price. MPA's YTM is published on the fund's factsheet on the issuer's website. It differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid. ### Does MPA pay a dividend? Yes, BlackRock MuniYield Pennsylvania Quality Fund (MPA) distributes dividends to shareholders. The trailing-twelve-month yield is 5.88%. Full dividend history is on this page. ### How often does MPA pay dividends? BlackRock MuniYield Pennsylvania Quality Fund pays dividends Monthly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### When is MPA's next ex-dividend date? The most recently announced ex-dividend date for MPA was 2026-12-11. The next ex-date typically follows Monthly; once announced it appears at the top of the dividend history table on this page. ### How much will MPA's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 3.29% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does MPA charge its expense ratio? The expense ratio is deducted in tiny daily slices from MPA's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does MPA cost more than a fund like VOO? MPA's strategy (current expense ratio 3.29%) is different from a broad-market index tracker like VOO, so its fee belongs to a different cohort. The Cost Verdict card above shows you where MPA sits within its own category, which is the comparison that actually matters. ### Are there cheaper alternatives to MPA? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as MPA (3.29%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/mpa - Distribution history: https://www.dividenddata.com/funds/mpa/dividend - Holdings & diversification: https://www.dividenddata.com/funds/mpa/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/mpa/expenses - Peer comparison: https://www.dividenddata.com/funds/mpa/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.