# Blackrock MuniYield California Fund, Inc. (MYC): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/myc for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: BlackRock / iShares · Asset class: Bond - Strategy: Actively Managed · Inception: 2009-01-01 The Blackrock MuniYield California Fund, Inc. functions as a closed-end mutual fund, established by BlackRock, Inc. and managed by BlackRock Advisors, LLC. This U.S.-domiciled investment vehicle commenced operations on February 28, 1991. Its primary objective is to build a portfolio of long-term, investment-grade municipal bonds that offer exemption from both federal and California income taxes. The fund also allocates a portion of its assets to short-term securities. ## Key Facts | Metric | Value | |---|---| | Price | $12.50 | | Expense Ratio | — | | Assets Under Management | $267.7M | | NAV | — | | Holdings Count | — | | Distribution Yield (TTM) | — | | Annual Distribution (TTM) | — /share | | Distribution Frequency | Monthly | | 52-Week Range | $12.49 – $13.84 | | Beta | 0.00 | ## Latest Distribution - Amount: $0.0613 /share - Ex-date: 2022-04-06 - Pay date: 2022-05-02 ## Frequently Asked Questions ### What does MYC invest in? The Blackrock MuniYield California Fund, Inc. functions as a closed-end mutual fund, established by BlackRock, Inc. and managed by BlackRock Advisors, LLC. This U.S.-domiciled investment vehicle commenced operations on February 28, 1991. Its primary objective is to build a portfolio of long-term, investment-grade municipal bonds that offer exemption from both federal and California income taxes. The fund also allocates a portion of its assets to short-term securities. ### What is the expense ratio of MYC? An expense ratio for Blackrock MuniYield California Fund, Inc. (MYC) is not available from our data sources. Neither our market-data feed nor the SEC's structured prospectus and annual-report datasets report one for this share class. The fund's prospectus on the issuer's site carries the authoritative fee. ### What is the duration of MYC? Effective duration measures MYC's sensitivity to interest-rate changes: a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. MYC's current duration is published on the fund's factsheet on the issuer's website. ### What is the credit quality of MYC? MYC'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 MYC? Yield to maturity (YTM) is the total return you'd earn from MYC if every bond in the portfolio is held to maturity at the current price. MYC'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. ### How big is MYC? Blackrock MuniYield California Fund, Inc. (MYC) manages $267.7M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation. ### Does MYC pay a dividend? Blackrock MuniYield California Fund, Inc. (MYC) currently distributes little or no income. Trailing-twelve-month yield is —. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does MYC pay dividends? Blackrock MuniYield California Fund, Inc. pays dividends Monthly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is MYC's dividend yield? MYC's trailing-twelve-month yield is —, calculated from the sum of dividends over the past year divided by the current price. ### When is MYC's next ex-dividend date? The most recently announced ex-dividend date for MYC was 2022-04-06. The next ex-date typically follows Monthly; once announced it appears at the top of the dividend history table on this page. ### Why is MYC's expense ratio not shown? Neither our market-data feed nor the SEC's structured filing datasets (prospectus fee tables and Form N-CEN annual reports, which we re-check twice a month) report an expense ratio for Blackrock MuniYield California Fund, Inc. (MYC). That usually means the fund family doesn't register this share class's ticker in the SEC's machine-readable data, or the vehicle reports fees outside the standard fund forms. Rather than estimate, we leave it blank; the prospectus on the issuer's site carries the authoritative number. ### How does MYC charge its expense ratio? The expense ratio is deducted in tiny daily slices from MYC'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. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/myc - Distribution history: https://www.dividenddata.com/funds/myc/dividend - Holdings & diversification: https://www.dividenddata.com/funds/myc/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/myc/expenses - Peer comparison: https://www.dividenddata.com/funds/myc/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.