BlackRock MuniYield NY Quality Fund Files Proxy Statement
Ticker: MYN · Form: DEFA14A · Filed: May 21, 2024 · CIK: 882150
| Field | Detail |
|---|---|
| Company | Blackrock Muniyield New York Quality Fund, Inc. (MYN) |
| Form Type | DEFA14A |
| Filed Date | May 21, 2024 |
| Risk Level | low |
| Pages | 1 |
| Reading Time | 1 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: proxy-statement, fund-filing, shareholder-meeting
TL;DR
MYN filed its proxy statement, shareholders need to pay attention for upcoming votes.
AI Summary
BlackRock MuniYield New York Quality Fund, Inc. (MYN) filed a Definitive Proxy Statement (DEFA14A) on May 21, 2024. The filing is a standard proxy statement, indicating it's for shareholder meetings and voting. The company has a history of name changes, previously being known as BlackRock MuniYield New York Insured Fund, Inc. and MuniYield New York Insured Fund Inc.
Why It Matters
This filing is crucial for shareholders as it outlines important information regarding upcoming shareholder meetings, voting procedures, and potentially any proposals or changes being considered by the fund's management.
Risk Assessment
Risk Level: low — This is a routine proxy filing, not indicating any immediate financial distress or significant operational changes.
Key Players & Entities
- BLACKROCK MUNIYIELD NEW YORK QUALITY FUND, INC. (company) — Registrant
- MYN (company) — Ticker Symbol
- 0001193125-24-143126 (filing_id) — Accession Number
- 20240521 (date) — Filing Date
FAQ
What type of filing is this DEFA14A for BlackRock MuniYield New York Quality Fund, Inc.?
This is a Definitive Proxy Statement filed pursuant to Section 14(a) of the Securities Exchange Act of 1934.
What is the ticker symbol for BlackRock MuniYield New York Quality Fund, Inc.?
The ticker symbol for the fund is MYN.
When was this filing submitted to the SEC?
The filing was submitted on May 21, 2024.
Has the company undergone previous name changes?
Yes, the company was formerly known as BlackRock MuniYield New York Insured Fund, Inc., MuniYield New York Insured Fund Inc., and New York MuniYield Fund Inc.
What is the primary purpose of a DEFA14A filing?
A DEFA14A filing is a proxy statement used to solicit proxies from shareholders for an upcoming shareholder meeting.
Filing Stats: 371 words · 1 min read · ~1 pages · Grade level 10.5 · Accepted 2024-05-20 21:06:57
Filing Documents
- d841979ddefa14a.htm (DEFA14A) — 12KB
- g841979g57e61.jpg (GRAPHIC) — 10KB
- 0001193125-24-143126.txt ( ) — 22KB
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) Dear Shareholder, We are reaching out to notify you of an important announcement that benefits you as a shareholder. On May 20, 2024, BlackRock MuniYield New York Quality Fund, Inc. (NYSE: MYN) implemented a voluntary management fee waiver that will reduce fees for YOU as a shareholder and increase YOUR tax-exempt income. We believe this fee waiver is a meaningful enhancement to these Funds and will make a positive difference for shareholders of these Funds. We will continue to evaluate options for improving our closed-end funds for the benefit of all shareholders, as we work to protect and advance their best interests, said R. Glenn Hubbard, Chair of the Board of BlackRock Closed-End Funds. Defend YOUR Fund, Save YOUR Income At MYNs upcoming annual meeting on June 17, activist hedge fund Saba Capital Management (Saba) is putting your dependable, income-paying investment in jeopardy by attempting to install its own hand-picked Board nominees. If Saba prevails, your Fundand the consistent monthly income you rely onwill be at risk. BlackRock is fighting for YOU. Vote today on the enclosed WHITE proxy card: FOR the BlackRock Board nominees Visit www.blackrock.com/defend to learn more © 2024 BlackRock, Inc. or its affiliates. All Rights Reserved. BLACKROCK is a trademark of BlackRock, Inc. or its affiliates. All other trademarks are those of their respective owners.