# BlackRock MuniYield Fund, Inc. (MYD): Closed-End Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/myd 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: 1991-12-16 BlackRock, Inc. established the BlackRock MuniYield Fund, Inc. as a closed-end mutual fund specializing in fixed-income investments. Its management is overseen by BlackRock Advisors, LLC. The fund strategically allocates capital, primarily targeting high-quality municipal bonds that boast an investment-grade rating and maturities extending beyond a decade. A key benefit is its exemption from federal income taxes. This U.S.-domiciled fund commenced operations on November 29, 1991. ## Key Facts | Metric | Value | |---|---| | Price | $10.77 | | Expense Ratio | 3.31% | | Market Value | $492.5M | | NAV | Not on file (no daily NAV for closed-end funds) | | Holdings Count | — | | Distribution Yield (TTM) | — | | Annual Distribution (TTM) | — /share | | Distribution Frequency | Irregular | | 52-Week Range | $9.65 – $10.92 | | Beta | 0.79 | ## Latest Distribution - Amount: $0.0545 /share - Ex-date: 2026-02-06 - Pay date: 2026-03-02 ## Frequently Asked Questions ### What does MYD invest in? BlackRock, Inc. established the BlackRock MuniYield Fund, Inc. as a closed-end mutual fund specializing in fixed-income investments. Its management is overseen by BlackRock Advisors, LLC. The fund strategically allocates capital, primarily targeting high-quality municipal bonds that boast an investment-grade rating and maturities extending beyond a decade. A key benefit is its exemption from federal income taxes. This U.S.-domiciled fund commenced operations on November 29, 1991. ### What is the expense ratio of MYD? BlackRock MuniYield Fund, Inc. (MYD) charges an expense ratio of 3.31%. This is the annual fee deducted from fund assets to cover management and operations. ### What is the duration of MYD? Effective duration measures MYD's sensitivity to interest-rate changes: a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. MYD's current duration is published on the fund's factsheet on the issuer's website. ### What is the credit quality of MYD? MYD'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 MYD? Yield to maturity (YTM) is the total return you'd earn from MYD if every bond in the portfolio is held to maturity at the current price. MYD'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 MYD? BlackRock MuniYield Fund, Inc. (MYD) has a market value of $492.5M: its share price times its shares outstanding. A closed-end fund trades above or below its net asset value, so its net assets differ from this figure. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation. ### Does MYD pay a dividend? BlackRock MuniYield Fund, Inc. (MYD) 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 MYD pay dividends? BlackRock MuniYield Fund, Inc. pays dividends Irregular. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is MYD's dividend yield? MYD's trailing-twelve-month yield is —, calculated from the sum of dividends over the past year divided by the current price. ### When is MYD's next ex-dividend date? The most recently announced ex-dividend date for MYD was 2026-02-06. The next ex-date typically follows Irregular; once announced it appears at the top of the dividend history table on this page. ### How much will MYD's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 3.31% 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 MYD charge its expense ratio? The expense ratio is deducted in tiny daily slices from MYD'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 MYD cost more than a fund like VOO? MYD is actively managed (current expense ratio 3.31%). 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 MYD's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to MYD? The Lower-Fee Alternatives card above lists closed-end funds following the same investment strategy as MYD (3.31%) 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/myd - Distribution history: https://www.dividenddata.com/funds/myd/dividend - Holdings & diversification: https://www.dividenddata.com/funds/myd/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/myd/expenses - Peer comparison: https://www.dividenddata.com/funds/myd/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.