BlackRock Municipal Income Quality Trust

BYM

Market cap $286M

Municipal CEFs like BlackRock Municipal Income Quality Trust offer stable income and tax benefits, appealing to income-oriented investors despite higher complexity and volatility. BYM manages $498 million in assets with a market cap of $295 million and 234 holdings. BYM boasts a 7.50% yield to maturity, 7.10% yield to worst, and a 6.31% distribution rate, providing attractive income potential.

BYM is designed for high-income, tax-sensitive investors seeking steady, tax-free income, not capital gains or speculative growth. The fund invests in municipal bonds, offering federal tax exemption, but carries both credit and interest rate risk, especially due to its longer-term holdings. Managed muni funds like BYM typically justify higher fees with higher yields versus index funds, but risk and concentration must be weighed.

NEW YORK--(BUSINESS WIRE)---- $BFK--BlackRock Advisors, LLC announced today that each of the Boards of Directors/Trustees of each of the closed-end funds named below (each, a “Fund” and collectively, the “Funds”) has approved the following reorganizations (each, a “Reorganization” and collectively, the “Reorganizations), as applicable: BlackRock Municipal Income Trust II (NYSE: BLE), BlackRock Municipal Income Quality Trust (NYSE: BYM) and BlackRock Municipal Income Trust (NYSE: BFK) into BlackRock Muni.

NEW YORK--(BUSINESS WIRE)---- $BBN--Certain BlackRock closed-end funds (the “Funds”) announced distributions today as detailed below. Certain BlackRock Funds previously declared their June distributions on May 20, 2024 BlackRock ESG Capital Allocation Term Trust (NYSE: ECAT), BlackRock Capital Allocation Term Trust (NYSE: BCAT), BlackRock Health Sciences Term Trust (NYSE: BMEZ), BlackRock Science and Technology Term Trust (NYSE: BSTZ), and BlackRock Innovation and Growth Term Trust (NYSE: BIGZ) previous.

NEW YORK--(BUSINESS WIRE)--Certain BlackRock closed-end funds (the “Funds”) announced distributions today as detailed below. Municipal Funds: Declaration- 3/1/2024   Ex-Date- 3/14/2024   Record- 3/15/2024   Payable- 4/1/2024 National Funds Ticker Distribution Change From Prior Distribution BlackRock Municipal Income Quality Trust* BYM $0.052500 - BlackRock Long-Term Municipal Advantage Trust* BTA $0.043500 - BlackRock MuniAssets Fund, Inc.* MUA $0.055500 - BlackRock Municipal Income Fund, Inc.

NEW YORK--(BUSINESS WIRE)--Certain BlackRock closed-end funds (the “Funds”) announced distributions today as detailed below. BlackRock Floating Rate Income Trust (NYSE: BGT), BlackRock Floating Rate Income Strategies Fund, Inc. (NYSE: FRA) and BlackRock Debt Strategies Fund, Inc. (NYSE: DSU) announced increases to their monthly distributions. Certain BlackRock municipal Funds previously declared their December, January and February distributions and declared special distributions today in order.