BlackRock MuniYield NY Quality Fund Files Proxy Statement

TL;DR

MYN filed its proxy statement, standard procedure for shareholder votes.

AI Summary

BlackRock MuniYield New York Quality Fund, Inc. (MYN) filed a Definitive Proxy Statement (DEFA14A) on May 24, 2024. This filing is a standard proxy statement, indicating it's for shareholder meetings and voting matters. The company has a history of name changes, with its most recent prior name being BlackRock MuniYield New York Insured Fund, Inc. as of June 12, 2007.

Why It Matters

This filing is a routine regulatory disclosure for shareholders of BlackRock MuniYield New York Quality Fund, Inc., providing information related to upcoming shareholder meetings and voting.

Risk Assessment

Risk Level: low — This is a routine DEFA14A filing, which is a standard disclosure document for public companies and does not inherently indicate new risks.

Key Players & Entities

• BLACKROCK MUNIYIELD NEW YORK QUALITY FUND, INC. (company) — Registrant
• MYN (company) — Ticker Symbol
• DEFA14A (document) — Filing Type
• 20240524 (date) — Filing Date
• BlackRock MuniYield New York Insured Fund, Inc. (company) — Former Company Name

FAQ

Filing Documents

• d788461ddefa14a.htm (DEFA14A) — 14KB
• g788461g01b01.jpg (GRAPHIC) — 349KB
• g788461g02b02.jpg (GRAPHIC) — 291KB
• 0001193125-24-147099.txt ( ) — 897KB

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) BlackRock has taken shareholder-friendly actions across its closed-end funds to narrow discounts, enhance distributions and deliver long-term value. But activist hedge fund Saba Capital Management L.P. (Saba) is threatening your investment by attempting to oust your qualified Board members. Vote today, defend your fundand your financial futurefrom falling into the wrong hands. Real actions have real impact. While 2022 was a challenging year, BlackRock has taken meaningful actions to drive significant performance improvements and substantial discount reductions. Total Market Price Discount to NAV Narrowing Fund v. Index Return Return ECAT BIGZ BCAT BMEZ BSTZ BFZ MHN BNY MPA 12/31/22 5/20/24 % Improvement 12/31/22 5/20/24 12/31/22 5/20/24 19.19% 8.14% 57.58% 32.78% 19.36% 22.79% 13.51% 40.72% 19.91% 1.16% 17.73% 7.75% 56.29% 25.18% 11.75% 17.75% 12.67% 28.62% 10.28% 8.24% 19.92% 14.19% 28.77% 26.70% 0.80% 14.72% 7.82% 46.88% 11.26% 7.28% 12.30% 10.44% 15.12% 7.85% 3.88% 13.19% 9.86% 25.25% 9.37% 5.39% 14.52% 7.40% 49.04% 10.99% 7.02% What you need to do: BlackRock is fighting for YOU. Vote today ONLY on the WHITE proxy card: Vote Defend today your . fund, FOR the BlackRock Board nominees save your income. IMPORTANT What you need to do: Vote Defend today your . fund, save your income. *Morningstar/BlackRock data as of 5/20/2024. Returns for time periods greater than 1 year are annualized. *Benchmarks for the funds are as follows: BIGZ (Russell 2500 Growth Index); BMEZ (MSCI Custom ACWI SMID Growth HC Call Overwrite Index); BSTZ (MSCI Custom ACWI SMID Growth IT Call Overwrite Index); BNY/MHN/MYN/MPA/BFZ (Bloomberg Municipal Bond Index); BCAT/ECAT (50% MSCI ACWI Index + 50% Bloomberg US AGG Bond Index) We ask that all shareholders vote on the enclosed WHITE proxy card today to preserve YOUR Fund: FOR the BlackRock Board nominees How do I vote? Vote online Vote by phone Vote by mail Using the website provided By calling the toll-free By completing and on YOUR enclosed WHITE number on YOUR enclosed returning YOUR enclosed proxy card and following WHITE proxy card and WHITE card in the the simple instructions following the simple postage paid envelope instructions provided Please do NOT send back any proxy card you may receive from Saba If you have already sent back the proxy card received from Saba, you can still change your vote by promptly voting on the WHITE proxy card, which will replace the proxy card you previously completed. If you have any questions about the proposal to be voted, please feel free to contact Georgeson LLC (Georgeson), toll free at 1-866-529-0466. 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 securities and is not a solicitation of an offer to buy any securities. Common shares for the closed-end fund identified above are only available for purchase and sale at current market price on a stock exchange. A closed-end funds dividend yield, market price and NAV will fluctuate with market conditions. The information for this Fund is provided for informational purposes only and does not constitute a solicitation of an offer to buy or sell Fund shares. Performance results reflect past performance and are no guarantee of future results. Current performance may be lower or higher than the performance data quoted. All returns assume reinvestment of all dividends. The market value and net asset value (NAV) of a funds shares will fluctuate with market conditions. Closed-end funds may trade at a premium to NAV but often trade at a discount. © 2024

View Full Filing

View this DEFA14A filing on SEC EDGAR