Performance analysis of MIY (BlackRock MuniYield Michigan Quality Fund)
Annual Return
Over the past 3 years, MIY has had an average annual return of +9%, underperforming the benchmark SPY, which returned +22.45% annual.
Over the past 5 years, MIY has had an average annual return of -0.12%, underperforming the benchmark SPY, which returned +13.88% annual.
Over the past 10 years, MIY has had an average annual return of +2.39%, underperforming the benchmark SPY, which returned +15.44% annual.
Since Nov 1, 1999, MIY has had an average annual return of +5.52%, underperforming the benchmark SPY, which returned +8.56% annual.
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| +5.13% | +11.22% | +3.48% | +6.58% | -24.08% | +10.03% | +7.26% | +19.52% | -6.71% | +8.84% | +2.77% | +6.62% |
| 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 |
| +18.77% | -14.89% | +7.02% | +24.34% | +9.74% | +45.60% | -23.73% | -3.40% | -2.99% | +7.24% | +10.78% | +12.07% |
| 2002 | 2001 | 2000 | 1999 | ||||||||
| +11.50% | +14.36% | +9.13% | -4.48% |
Monthly Return
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Annually Total |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +3.70% | +4.25% | -5.14% | +1.55% | +1.13% | -0.16% | +5.13% | ||||||
| 2025 | +5.15% | +0.30% | -2.10% | +0.67% | +0.56% | -2.77% | -0.68% | +2.88% | +1.47% | +2.70% | +2.04% | +0.72% | +11.22% |
| 2024 | +0.50% | +0.41% | +1.64% | -3.69% | +0.59% | +3.86% | +1.89% | +1.26% | +2.96% | -2.81% | +3.84% | -6.48% | +3.48% |
| 2023 | +6.95% | -4.66% | -0.04% | +0.31% | -2.91% | +2.35% | +0.95% | -3.47% | -6.89% | -3.29% | +15.54% | +3.50% | +6.58% |
| 2022 | -6.23% | -5.40% | -4.71% | -0.88% | +7.49% | -2.39% | +4.39% | -1.50% | -7.29% | -13.50% | +10.10% | -4.87% | -24.08% |
| 2021 | +1.97% | -3.36% | +5.88% | +2.10% | +1.42% | +0.11% | +2.90% | -1.14% | -0.25% | -2.37% | +0.37% | +2.31% | +10.03% |
| 2020 | +3.73% | -1.10% | -8.09% | -3.87% | +5.28% | +2.27% | +5.40% | -1.20% | +0.36% | -3.11% | +6.03% | +2.36% | +7.26% |
| 2019 | +3.56% | +3.22% | +1.92% | +1.59% | +0.90% | +1.41% | +4% | +0.48% | -1.12% | +0.35% | +0.07% | +1.71% | +19.52% |
| 2018 | -4.10% | +0.88% | -0.55% | -1.53% | +1.90% | -0.48% | -1.21% | +0.02% | -3.11% | +0.02% | +0.82% | +0.57% | -6.71% |
| 2017 | +1.28% | +0.11% | +0.12% | +1.64% | +2.88% | +0.03% | +1.67% | -0.25% | -0.54% | +0.75% | -0.05% | +0.93% | +8.84% |
Drawdown analysis of MIY (BlackRock MuniYield Michigan Quality Fund)
The maximum drawdown for the MIY was -42.18%, occurring on Oct 10, 2008. Recovery took 226 trading sessions.
The current MIY drawdown is -4.35%.
Since Nov 1, 1999 MIY has experienced the following drawdowns:
- 40% or more: 1 time
- 30% or more: 2 times
- 20% or more: 4 times
- 10% or more: 11 times
| Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -42.18% | Feb 12, 2008 | 168 | Oct 10, 2008 | 226 | Sep 3, 2009 | 394 |
| -34.58% | Aug 2, 2021 | 562 | Oct 25, 2023 | 589 | Mar 4, 2026 | 1151 |
| -25.81% | Jan 23, 2013 | 144 | Aug 19, 2013 | 598 | Jan 4, 2016 | 742 |
| -24.40% | Mar 4, 2020 | 10 | Mar 18, 2020 | 98 | Aug 6, 2020 | 108 |
| -17.37% | Aug 31, 2010 | 96 | Jan 18, 2011 | 177 | Sep 29, 2011 | 273 |
| -13.79% | Nov 5, 1999 | 133 | May 17, 2000 | 149 | Dec 18, 2000 | 282 |
| -12.75% | Jul 11, 2016 | 102 | Dec 2, 2016 | 592 | Apr 12, 2019 | 694 |
| -11.86% | Mar 24, 2004 | 35 | May 13, 2004 | 81 | Sep 9, 2004 | 116 |
| -11.15% | Jun 11, 2003 | 36 | Aug 1, 2003 | 109 | Jan 7, 2004 | 145 |
| -10.96% | Jan 24, 2006 | 459 | Nov 19, 2007 | 57 | Feb 12, 2008 | 516 |
| -10.08% | Mar 4, 2026 | 23 | Apr 7, 2026 | Ongoing | Ongoing | Ongoing |
| -9.04% | Feb 10, 2012 | 24 | Mar 16, 2012 | 48 | May 24, 2012 | 72 |
| -8.91% | Oct 1, 2002 | 15 | Oct 22, 2002 | 91 | Mar 5, 2003 | 106 |
| -8.42% | Nov 28, 2012 | 14 | Dec 18, 2012 | 23 | Jan 23, 2013 | 37 |
| -7.27% | Nov 14, 2001 | 22 | Dec 17, 2001 | 110 | May 28, 2002 | 132 |
| -6.42% | Aug 12, 2020 | 56 | Oct 30, 2020 | 26 | Dec 8, 2020 | 82 |
| -6.30% | Sep 7, 2001 | 8 | Sep 25, 2001 | 27 | Nov 1, 2001 | 35 |
| -6.05% | Feb 12, 2021 | 8 | Feb 25, 2021 | 24 | Mar 31, 2021 | 32 |
| -5.82% | Oct 8, 2009 | 29 | Nov 18, 2009 | 53 | Feb 5, 2010 | 82 |
| -5.81% | Mar 7, 2005 | 12 | Mar 23, 2005 | 35 | May 12, 2005 | 47 |
| -4.72% | Oct 6, 2005 | 8 | Oct 18, 2005 | 52 | Jan 3, 2006 | 60 |
| -4.50% | Aug 19, 2019 | 20 | Sep 17, 2019 | 77 | Jan 7, 2020 | 97 |
| -4.45% | Nov 4, 2004 | 2 | Nov 8, 2004 | 18 | Dec 3, 2004 | 20 |
| -3.66% | Jan 17, 2001 | 6 | Jan 25, 2001 | 8 | Feb 6, 2001 | 14 |
| -3.38% | Mar 22, 2001 | 16 | Apr 16, 2001 | 20 | May 14, 2001 | 36 |