Name | Value |
---|---|
Revenues | 12.7M |
Cost of Revenue | 0.0M |
Gross Profit | 12.7M |
Operating Expense | 0.2M |
Operating I/L | 12.5M |
Other Income/Expense | 0.0M |
Interest Income | 9.3M |
Pretax | 12.5M |
Income Tax Expense | 0.0M |
Net Income/Loss | 12.5M |
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.