BlackRock MuniYield NY Quality Fund Files Proxy Materials

TL;DR

MYN filed more proxy docs, shareholders need to check for updates before voting.

AI Summary

BlackRock MuniYield New York Quality Fund, Inc. (MYN) filed a Definitive Additional Materials proxy statement on April 30, 2024. This filing relates to the company's proxy materials, which are typically used for shareholder meetings to vote on corporate matters. The filing does not contain specific financial figures or proposals but serves as an addendum to previously submitted proxy information.

Why It Matters

This filing is important for shareholders as it provides updated or additional information regarding matters to be voted on at shareholder meetings, ensuring transparency and informed participation.

Risk Assessment

Risk Level: low — The filing is a routine proxy statement addendum and does not contain new financial risks or significant corporate actions.

Key Players & Entities

• BLACKROCK MUNIYIELD NEW YORK QUALITY FUND, INC. (company) — Registrant
• MYN (company) — Ticker Symbol
• 0001193125-24-125219 (filing_id) — Accession Number
• 20240430 (date) — Filing Date

FAQ

Key Financial Figures

• $185 billion — leader in Municipal bond investing with $185 billion in Municipal Assets Under Management, i
• $20 billion — ipal Assets Under Management, including $20 billion in closed-end Municipal funds. BlackRoc
• $12 million — to peers3 Voluntarily repurchased over $12 million of shares, adding approximately $2 mill
• $2 million — million of shares, adding approximately $2 million to MYNs net asset value since inception

Filing Documents

• d796557ddefa14a.htm (DEFA14A) — 16KB
• g796557g01g01.jpg (GRAPHIC) — 232KB
• g796557g02g02.jpg (GRAPHIC) — 195KB
• g796557g03g03.jpg (GRAPHIC) — 165KB
• g796557g04x04.jpg (GRAPHIC) — 74KB
• 0001193125-24-125219.txt ( ) — 935KB

From the Filing

MUNIYIELD NEW YORK QUALITY FUND (MYN) BlackRock MuniYield New York Quality Fund (MYN) UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 14A INFORMATION Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 Filed by the Registrant Filed by a Party other than the Registrant Check the appropriate box: Preliminary Proxy Statement Definitive Proxy Statement Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) Definitive Additional Materials Soliciting Material Pursuant to 240.14a-12 BLACKROCK MUNIYIELD NEW YORK QUALITY FUND, INC. (Name of Registrant as Specified In Its Charter) (Name of Person(s) Filing Proxy Payment of Filing Fee (Check the appropriate box): No fee required. Fee paid previously with preliminary materials. Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a-6(i)(1) and 0-11. Your vote matters BlackRock MuniYield New York Quality Fund, Inc. (NYSE: MYN) Outperformance1 #1 Performing Fund in peer group in 2023 10% Return on Net Asset Value (approximate) in 2023, outperforming 100% of competitor funds Monthly Tax-Exempt Income2 9.7% Tax equivalent yield 40% Increase in monthly distributions since November 2023 The future of your long-term investment depends on you At this years upcoming Annual Meeting on June 17, we are asking all MYN shareholders to make their voices heard and protect their investment. An activist hedge fund, Saba Capital Management L.P. (Saba), is attempting to influence your Funds board through the election of its own candidates, who may potentially seek to change your Funds strategy and its ability to deliver the consistent, stable income you rely on. Vote on the enclosed white proxy card today: FOR BlackRock Board nominees BlackRock brings best-in-class expertise and deep experience as investment advisor BlackRock is a leader in Municipal bond investing with $185 billion in Municipal Assets Under Management, including $20 billion in closed-end Municipal funds. BlackRock Municipal CEFs leverage a team of 53 dedicated Municipal professionals with an average 23+ years of investment experience4 Management fee ranks in the 1st quartile relative to peers3 Voluntarily repurchased over $12 million of shares, adding approximately $2 million to MYNs net asset value since inception4 1. Morningstar data as of March 31, 2024. Peer group reflects the Morningstar Closed-End Muni New York Long category, not including BlackRock funds 2. Morningstar data as of March 31, 2024. Assumes a federal tax rate of 37.00% and a New York tax rate of 10.90% for a total combined rate of 47.90% 3. Broadridge data as of 12/31/2023. Peer group reflects Broadridge Expense Group for MYN 4. BlackRock data as of March 31, 2024 BlackRock Your Board is under attack by a self-serving activist hedge fund. Protect your long-term investment by voting for your board-recommended nominees on the enclosed white card Your BlackRock Board nominees up for election J. Phillip Holloman Former President and Chief Operating Officer of Cintas Corporation and director of PulteGroup, Inc. and Rockwell Automation Inc. Catherine A. Lynch, CFA Former Chief Executive Officer and Chief Investment Officer of the National Railroad Retirement Investment. Board Director for PennyMac Mortgage Investment Trust Arthur P. Steinmetz Former Chairman, Chief Executive Officer and President of the Oppenheimer Funds, Inc. Former Director of ScotiaBank (U.S.) Your Board delivers: Experience Actions to protect all shareholders Business & governance expertise Execution for the long term Diversity BlackRock Vote for your Directors on the enclosed white proxy card BlackRock MuniYield New York Quality Fund, Inc. (NYSE: MYN) Please do NOT send back any proxy card you may receive from Saba We ask that all shareholders vote on the enclosed white proxy card to preserve your Fund: FOR BlackRock Board nominees How do I vote? Vote online Using the website provided on your enclosed white proxy card and following the simple instructions www.proxyvote.com Vote by phone By calling the toll-free number on your enclosed white proxy card and following the simple instructions Vote by mail By completing and returning your enclosed white proxy card in the postage paid envelope provided. If you have any questions about the proposal to be voted, please feel free to contact Georgeson LLC (Georgeson), toll free at1-866-529-0466. BlackRock Important information about the Fund This material is not an advertisement and is intended for existing shareholder use only. This document and the information contained herein relates solely to BlackRock MuniYield New York Quality Fund, Inc. (MYN). The information contained herein does not relate to, and is not relevant to, any other fund or product sponsored or distributed by BlackRock or any of its affiliates. This document is not an offer to sell any secu

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