# BlackRock MuniHoldings California Quality Fund, Inc. (MUC): Closed-End Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/muc 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: Actively Managed · Inception: 1998-02-27 The BlackRock MuniHoldings California Quality Fund, Inc. (MUC) is a closed-end investment vehicle initially brought to market by BlackRock, Inc. Its day-to-day management falls under the purview of BlackRock Advisors, LLC. This fund primarily allocates capital within the fixed-income sector, focusing predominantly on a portfolio of high-quality, long-term municipal debt instruments. A significant benefit of these holdings is that the interest they generate is exempt from both federal and California state income taxes. MUC was established in 1997 and operates from its domicile in the United... ## Key Facts | Metric | Value | |---|---| | Price | $9.96 | | Expense Ratio | 3.33% | | Assets Under Management | $1.37B | | NAV | $10.94 | | Holdings Count | 345 | | Distribution Yield (TTM) | 6.45% | | Annual Distribution (TTM) | $0.64 /share | | Distribution Frequency | Monthly | | 52-Week Range | $9.51 – $11.16 | | Beta | 0.67 | ## Latest Distribution - Amount: $0.0535 /share - Ex-date: 2026-12-11 - Pay date: 2026-12-22 ## Frequently Asked Questions ### What does MUC invest in? The BlackRock MuniHoldings California Quality Fund, Inc. (MUC) is a closed-end investment vehicle initially brought to market by BlackRock, Inc. Its day-to-day management falls under the purview of BlackRock Advisors, LLC. This fund primarily allocates capital within the fixed-income sector, focusing predominantly on a portfolio of high-quality, long-term municipal debt instruments. A significant benefit of these holdings is that the interest they generate is exempt from both federal and California state income taxes. MUC was established in 1997 and operates from its domicile in the United States. ### What is the expense ratio of MUC? BlackRock MuniHoldings California Quality Fund, Inc. (MUC) charges an expense ratio of 3.33%. This is the annual fee deducted from fund assets to cover management and operations. ### What is MUC's dividend yield? MUC's trailing-twelve-month yield is 6.45%, calculated from the sum of dividends over the past year divided by the current price. ### What is the duration of MUC? Effective duration measures MUC's sensitivity to interest-rate changes: a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. MUC's current duration is published on the fund's factsheet on the issuer's website. ### What is the credit quality of MUC? MUC'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 MUC? Yield to maturity (YTM) is the total return you'd earn from MUC if every bond in the portfolio is held to maturity at the current price. MUC'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 MUC pay a dividend? Yes, BlackRock MuniHoldings California Quality Fund, Inc. (MUC) distributes dividends to shareholders. The trailing-twelve-month yield is 6.45%. Full dividend history is on this page. ### How often does MUC pay dividends? BlackRock MuniHoldings California Quality Fund, Inc. pays dividends Monthly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### When is MUC's next ex-dividend date? The most recently announced ex-dividend date for MUC 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 MUC's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 3.33% 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 MUC charge its expense ratio? The expense ratio is deducted in tiny daily slices from MUC'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 MUC cost more than a fund like VOO? MUC is actively managed (current expense ratio 3.33%). Active funds charge more than passive index trackers in exchange for the manager's discretion to over- or under-weight positions. The Cost Verdict card above tells you whether MUC's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to MUC? The Lower-Fee Alternatives card above lists closed-end funds following the same investment strategy as MUC (3.33%) 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/muc - Distribution history: https://www.dividenddata.com/funds/muc/dividend - Holdings & diversification: https://www.dividenddata.com/funds/muc/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/muc/expenses - Peer comparison: https://www.dividenddata.com/funds/muc/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.