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BlackRock MuniYield Investment Fund
Ticker Symbol: MYF* CUSIP: 09254R104 Exchange: NYSE
* NOTE: This security is no longer trading as of 4/19/2021
Company's Online Profile
FUND DESCRIPTION: BlackRock MuniYield Investment Fund, formerly BlackRock MuniYield Florida Fund, is an exchange-traded closed-end fund or a closed-end ETF that is officially described as a non-diversified, closed-end management investment company. INVESTMENT OBJECTIVE: The Fund seeks a high level of current income exempt from federal income taxes as is consistent with its investment policies and prudent investment management. FUND STRATEGY: The Fund seeks to achieve its investment objective by investing at least 80% of its assets in municipal obligations exempt from federal income taxes (except that the interest may be subject to the federal alternative minimum tax). Under normal market conditions, the Fund primarily invests in municipal bonds that are investment grade quality at the time of investment. The Fund may invest up to 20% of its total assets in securities rated below investment grade or deemed equivalent at the time of purchase. The Fund may invest directly in such securities or synthetically through the use of derivatives. FUND MANAGEMENT: BlackRock Advisors LLC is the Fund's investment advisor and BlackRock Invesment Management LLC is the Fund's sub-advisor.
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Notes: April 19. 2021 -- BlackRock Advisors, LLC today announced that the reorganizations of each of BlackRock Maryland Municipal Bond Trust (“BZM”, CUSIP: 09249L105), BlackRock Massachusetts Tax-Exempt Trust (“MHE”, CUSIP: 09258E109), BlackRock MuniYield Arizona Fund, Inc. (“MZA”, CUSIP: 09254K109), BlackRock MuniYield Investment Fund (“MYF”, CUSIP: 09254R104), BlackRock MuniEnhanced Fund, Inc. (“MEN”, CUSIP: 09253Y100) and BlackRock MuniYield Quality Fund, Inc. (“MQY”, CUSIP: 09254F100 and collectively with BZM, MHE, MZA, MYF and MEN, the “Funds”) is effective as of the opening for business of the New York Stock Exchange on Monday, April 19, 2021.
In the Reorganizations, common shareholders of BZM, MHE, MZA, MYF and MEN received an amount of MQY common shares equal to the aggregate net asset value of their holdings of BZM, MHE, MZA, MYF and MEN common shares as determined at the close of business on April 16, 2021. Fractional shares of MQY common shares were not issued in the Reorganizations and consequently cash will be distributed for any such fractional shares.
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IPO - 2/28/1992 -
Previous Name: BlackRock MuniYield Florida Fund Changed: 8/27/2008
Small Cap Stock -
Market Value $214.0 Million
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Company's Online Information Links
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| Company's Online SEC EDGAR Filings |
| Company's Email Address Links |
| Address and Phone Numbers |
| Address: 40 East 52nd Street, New York, NY 10022 |
| Main Phone Number |
800-882-0052 |
| Fax Number |
Not Available |
| Investor Contact
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800-441-7762
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| Toll Free Phone Number |
800-441-7762 |
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