BlackRock MuniYield Quality Fund (MQY)

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The chart shows the growth of an initial investment of $10,000 in BlackRock MuniYield Quality Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.

BlackRock MuniYield Quality Fund (MQY) has returned -1.36% so far this year and -0.29% over the past 12 months. Over the last ten years, MQY has returned 1.24% per year, falling short of the S&P 500 Index benchmark, which averaged 12.16% annually.

Based on dividend-adjusted daily data since Oct 27, 1994, MQY's average daily return is +0.02%, while the average monthly return is +0.46%. At this rate, your investment would double in approximately 12.6 years.

Historically, 57% of months were positive and 43% were negative. The best month was Jan 2009 with a return of +17.9%, while the worst month was Sep 2008 at -13.6%. The longest winning streak lasted 8 consecutive months, and the longest losing streak was 14 months.

On a daily basis, MQY closed higher 47% of trading days. The best single day was Oct 13, 2008 with a return of +17.1%, while the worst single day was Oct 6, 2008 at -10.2%.

BlackRock MuniYield Quality Fund has an annualized alpha of 3.98%, beta of 0.18, and R² of 0.06 versus S&P 500 Index. Calculated based on daily prices since October 28, 1994.

• This fund participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (23.89%) than losses (15.59%) — typical of diversified or defensive assets.
• Beta of 0.18 may look defensive, but with R² of 0.06 this fund is largely uncorrelated with S&P 500 Index — low beta reflects independence, not downside protection. See the Volatility section for a true picture of this fund's risk.
• R² of 0.06 means this fund moves largely independently of S&P 500 Index — capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

MQY has a high expense ratio of 2.07%, indicating above-average management fees.

MQY ranks 5 for risk / return — in the bottom 5% of mutual funds on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.

The table below present risk-adjusted performance metrics for BlackRock MuniYield Quality Fund (MQY) and compare them to a chosen benchmark (S&P 500 Index).

BlackRock MuniYield Quality Fund provided a 6.34% dividend yield over the last twelve months, with an annual payout of $0.70 per share. The fund has been increasing its distributions for 2 consecutive years.

The table displays the monthly dividend distributions for BlackRock MuniYield Quality Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the BlackRock MuniYield Quality Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the BlackRock MuniYield Quality Fund was 41.67%, occurring on Oct 10, 2008. Recovery took 200 trading sessions.

The current BlackRock MuniYield Quality Fund drawdown is 17.88%.

The chart below shows the rolling one-month volatility.