BlackRock MuniYield Fund (MYD)

Market Cap: $525M

About: Blackrock Muniyield Fund Inc is a closed-end management investment company. The fund's objective is to provide shareholders with as high a level of current income exempt from U.S. federal income taxes as is consistent with its investment policies and prudent investment management. The company invests in Transportation, Health, Utilities, Education, Housing, and other sectors.

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

100% more funds holding in top 10

Funds holding in top 10: 1 [Q1] → 2 (+1) [Q2]

70% more first-time investments, than exits

New positions opened: 17 | Existing positions closed: 10

8% more funds holding

Funds holding: 86 [Q1] → 93 (+7) [Q2]

3.17% less ownership

Funds ownership: 32.77% [Q1] → 29.6% (-3.17%) [Q2]

14% less capital invested

Capital invested by funds: $170M [Q1] → $147M (-$23.1M) [Q2]

26% less repeat investments, than reductions

Existing positions increased: 23 | Existing positions reduced: 31