BlackRock MuniYield Michigan Quality Fund, Inc.

BlackRock MuniYield Michigan Quality Fund, Inc.verified

MIY

Price:

$11.79

Market Cap:

$341.49M

BlackRock MuniYield Michigan Quality Fund, Inc. is a closed-ended fixed income mutual fund launched by BlackRock, Inc. It is managed by BlackRock Advisors, LLC. The fund invests in the fixed income markets of the United States. It primarily invests in investment grade, long-term municipal obligations exempt from federal income taxes and Michigan income taxes. BlackRock MuniYield Michigan Quality Fund, Inc. was formed on October 30, 1992 and is domiciled in the United States.

Industry

Asset Management

IPO Date

1992-11-04

Stock Exchange

NYSE

Ticker

MIY

The Current Ratio as of December 2025 (TTM) for BlackRock MuniYield Michigan Quality Fund, Inc. (MIY) is 0

According to BlackRock MuniYield Michigan Quality Fund, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 0. This represents a change of -100.00% compared to the average of 3.18 of the last 4 quarters.

BlackRock MuniYield Michigan Quality Fund, Inc. (MIY) Historical Current Ratio (quarterly & annually)

How has MIY Current Ratio performed in the past?

The mean historical Current Ratio of BlackRock MuniYield Michigan Quality Fund, Inc. over the last ten years is 3.13. The current 0 Current Ratio has changed -100.00% with respect to the historical average. Over the past ten years (40 quarters), MIY's Current Ratio was at its highest in in the July 2020 quarter at 8.41. The Current Ratio was at its lowest in in the January 2025 quarter at 0.

Quarterly (TTM)
Annual

Average

3.13

Median

2.53

Minimum

0.14

Maximum

8.41

BlackRock MuniYield Michigan Quality Fund, Inc. (MIY) Current Ratio by Quarter and Year

Discovering the peaks and valleys of BlackRock MuniYield Michigan Quality Fund, Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 3.29%

Maximum Annual Current Ratio = 8.41

Minimum Annual Increase = -96.60%

Minimum Annual Current Ratio = 0.14

Quarterly (TTM)
Annual
YearCurrent RatioChange
20248.04736.39%
20230.96522.69%
20220.15-96.51%
20214.42-47.46%
20208.4177.72%
20194.733.29%
20180.14-96.60%
20174.112.48%
20160.16-15.79%
20150.19-95.15%

BlackRock MuniYield Michigan Quality Fund, Inc. (MIY) Average Current Ratio

How has MIY Current Ratio performed in the past?

The current Current Ratio of BlackRock MuniYield Michigan Quality Fund, Inc. (MIY) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

3.05

5-year avg

4.39

10-year avg

3.13

BlackRock MuniYield Michigan Quality Fund, Inc. (MIY) Current Ratio vs. Peers

How is MIY’s Current Ratio compared to its peers?

BlackRock MuniYield Michigan Quality Fund, Inc.’s Current Ratio is less than BlackRock MuniHoldings New York Quality Fund, Inc. (0), less than BlackRock MuniYield New York Quality Fund, Inc. (0.69), less than BlackRock MuniVest Fund, Inc. (0), less than Wasatch Micro Cap Value Fund (0), less than Ares Dynamic Credit Allocation Fund, Inc. (0), less than BlackRock MuniAssets Fund, Inc. (0.64), less than BlackRock MuniYield Fund, Inc. (0), less than Liberty All-Star Growth Fund, Inc. (0.82), less than Morgan Stanley Emerging Markets Domestic Debt Fund, Inc. (0), less than Nuveen S&P 500 Dynamic Overwrite Fund (0.23),

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