Name | Value |
---|---|
Revenues | 9,217.3K |
Cost of Revenue | 0.0K |
Gross Profit | 9,217.3K |
Operating Expense | 6,616.6K |
Operating I/L | 8,079.5K |
Other Income/Expense | -8,116.7K |
Interest Income | 0.0K |
Pretax | -37.1K |
Income Tax Expense | -10,754.5K |
Net Income/Loss | -37.1K |
BlackRock MuniYield Fund, Inc. is a closed-ended fixed income mutual fund managed by BlackRock Advisors, LLC. The fund focuses on investing in long-term investment-grade municipal bonds with a maturity of over ten years, primarily in the fixed income markets. It generates revenue through the interest income earned from its bond investments. As a tax-exempt fund, it is not subject to federal income taxes, making it an attractive investment option for individuals seeking tax-efficient income. BlackRock MuniYield Fund, Inc. has been providing fixed income investment opportunities since its formation on November 29, 1991.