BlackRock Municipal Income Quality Trust (BYM)

• Market cap: $281M
• 1 day: 0.00%
• 5 days: -5.15%
• 1 month: -3.98%
• 3 months: -9.35%
• 6 months: -5.48%
• Year to date: -4.06%
• 1 year: -3.64%
• 5 years: -22.48%
• 10 years: -24.00%

About: Blackrock Municipal Income Quality Trust is a closed-end municipal bond fund. Its investment objective is to provide current income exempt from U.S. federal income taxes, including the alternative minimum tax. The trust invests in various sectors such as transportation, utilities, health, education, corporate, housing, and others.

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

5.41% less ownership

Funds ownership: 34.89% [Q2] → 29.48% (-5.41%) [Q3]

8% less funds holding

Funds holding: 62 [Q2] → 57 (-5) [Q3]

11% less capital invested

Capital invested by funds: $104M [Q2] → $91.8M (-$11.8M) [Q3]

50% less first-time investments, than exits

New positions opened: 5 | Existing positions closed: 10

52% less repeat investments, than reductions

Existing positions increased: 11 | Existing positions reduced: 23