Stock Analysis Report

Executive Summary

BlackRock MuniYield Fund, Inc. is a closed ended fixed income mutual fund launched by BlackRock, Inc.


Snowflake Analysis

Share Price & News

How has BlackRock MuniYield Fund's share price performed over time and what events caused price changes?

Latest Share Price and Events

Stable Share Price: MYD has not had significant price volatility in the past 3 months.

Market Performance

7 Day Return




US Capital Markets


US Market

1 Year Return




US Capital Markets


US Market

Return vs Industry: MYD underperformed the US Capital Markets industry which returned 17.9% over the past year.

Return vs Market: MYD underperformed the US Market which returned 19.3% over the past year.

Shareholder returns

7 Day1.1%0.4%0.06%
30 Day1.9%0.7%1.7%
90 Day5.4%6.9%9.0%
1 Year15.9%10.6%20.2%17.9%21.8%19.3%
3 Year23.3%5.3%40.2%32.4%49.5%39.9%
5 Year34.4%1.6%84.5%67.4%73.1%54.1%

Price Volatility Vs. Market

How volatile is BlackRock MuniYield Fund's share price compared to the market and industry in the last 5 years?

Simply Wall St News

No news available


Is BlackRock MuniYield Fund undervalued compared to its fair value and its price relative to the market?


Price to Earnings (PE) ratio

Share Price vs. Fair Value

Below Fair Value: MYD ($15.29) is trading above our estimate of fair value ($2.69)

Significantly Below Fair Value: MYD is trading above our estimate of fair value.

Price To Earnings Ratio

PE vs Industry: MYD is good value based on its PE Ratio (9.7x) compared to the Capital Markets industry average (35.3x).

PE vs Market: MYD is good value based on its PE Ratio (9.7x) compared to the US market (18.5x).

Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate MYD's PEG Ratio to determine if it is good value.

Price to Book Ratio

PB vs Industry: MYD is good value based on its PB Ratio (1x) compared to the US Capital Markets industry average (6.8x).

Future Growth

How is BlackRock MuniYield Fund forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?


Forecasted Diversified Financials industry annual growth in earnings

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as BlackRock MuniYield Fund has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.

Past Performance

How has BlackRock MuniYield Fund performed over the past 5 years?


Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: MYD has a large one-off gain of $47.7M impacting its October 31 2019 financial results.

Growing Profit Margin: MYD became profitable in the past.

Past Earnings Growth Analysis

Earnings Trend: MYD's earnings have declined by -25% per year over the past 5 years.

Accelerating Growth: MYD has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: MYD has become profitable in the last year, making it difficult to compare its past year earnings growth to the Capital Markets industry (8.4%).

Return on Equity

High ROE: MYD's Return on Equity (10.5%) is considered low.

Return on Assets

Return on Capital Employed

Financial Health

How is BlackRock MuniYield Fund's financial position? (This company is analysed differently as a bank or financial institution)

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

Inventory Level: MYD has a low level of unsold assets or inventory.

Debt Coverage by Assets: MYD's debt is not covered by short term assets (assets are 0x debt).

Financial Institutions Analysis

Asset Level: MYD's level of assets compared to its equity is low.

Allowance for Bad Loans: Insufficient data to determine if MYD has a sufficient allowance for bad loans.

Low Risk Liabilities: MYD reports no customer deposits, loans are made up entirely of externally borrowed funds.

Loan Level: Insufficient data to determine if MYD has an acceptable proportion of non-loan assets held.

Low Risk Deposits: MYD has advanced significantly more loans than the customer deposits it holds.

Level of Bad Loans: Insufficient data to determine if MYD has an appropriate level of bad loans.


What is BlackRock MuniYield Fund's current dividend yield, its reliability and sustainability?


Current Dividend Yield

Dividend Yield vs Market


Current dividend yield vs market & industry

Notable Dividend: MYD's dividend (4.4%) is higher than the bottom 25% of dividend payers in the US market (1.44%).

High Dividend: MYD's dividend (4.4%) is in the top 25% of dividend payers in the US market (3.71%)

Stability and Growth of Payments

Stable Dividend: MYD's dividends per share have been stable in the past 10 years.

Growing Dividend: MYD's dividend payments have fallen over the past 10 years.

Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (44.5%), MYD's dividend payments are well covered by earnings.

Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


How experienced are the management team and are they aligned to shareholders interests?


Average board tenure


BlackRock MuniYield Fund has no CEO, or we have no data on them.

Board Members

Paul Audet
Director9.1yrsno datano data
Richard Cavanagh
Chairman13.1yrsUS$8.03k0.00024% $1.7k
Frank Fabozzi
Director13.1yrsUS$6.50k0.000020% $143.4
Kathleen Feldstein
Director13.1yrsUS$5.08kno data
W. Kester
Director13.1yrsUS$6.10kno data
Jerrold Harris
Director13.1yrsUS$5.49kno data
Karen Robards
Vice Chairman of the Board13.1yrsUS$7.62kno data
James Flynn
Director13.1yrsUS$5.59kno data
Michael Castellano
Director9.1yrsUS$5.59k0.0015% $10.7k
Robert Hubbard
Director13.1yrsUS$5.28kno data


Average Tenure


Average Age

Experienced Board: MYD's board of directors are seasoned and experienced ( 13.1 years average tenure).


Who are the major shareholders and have insiders been buying or selling?

Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Company Information

BlackRock MuniYield Fund, Inc.'s company bio, employee growth, exchange listings and data sources

Key Information


  • BlackRock MuniYield Fund, Inc.
  • 100 Bellevue Parkway
  • Wilmington
  • Delaware
  • 19809
  • United States


TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
MYDNYSE (New York Stock Exchange)YesCommon StockUSUSDDec 1991


BlackRock MuniYield Fund, Inc. is a closed ended fixed income mutual fund launched by BlackRock, Inc. The fund is managed by BlackRock Advisors, LLC. It invests in fixed income markets. The fund primarily in long-term investment-grade municipal bonds with a maturity of more than ten years. It is exempt from federal income taxes. BlackRock MuniYield Fund, Inc. was formed on November 29, 1991 and is domiciled in United States. 

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/21 00:45
End of Day Share Price2020/02/20 00:00
Annual Earnings2019/04/30

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.