BlackRock MuniYield New York Quality Fund, Inc. Declares Monthly Distribution, Payable on June 3, 2019
May 01, 2019 at 04:30 pm EDT
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BlackRock MuniYield New York Quality Fund, Inc. declared a monthly distribution of $0.0425 per share. The distribution is payable on June 3, 2019 to shareholders of record on May 15, 2019, with an ex-dividend date of May 14, 2019.
BlackRock MuniYield New York Quality Fund, Inc. (the Fund) is a closed-end management investment company. The Fund's investment objective is to provide shareholders with as high a level of current income exempt from the United States federal income taxes and New York State and New York City personal income taxes as is consistent with its investment policies and prudent investment management. The Fund seeks to achieve its investment objective by investing at least 80% of its assets in municipal obligations exempt from the United States federal income taxes (except that the interest may be subject to the United States federal alternative minimum tax) and New York State and New York City personal income taxes. Under normal market conditions, it invests primarily in long-term municipal obligations that are investment grade quality at the time of investment. It may invest directly in securities or synthetically using derivatives. The Fund's investment advisor is BlackRock Advisors, LLC.