BlackRock MuniYield Michigan Quality Fund, Inc.

BlackRock MuniYield Michigan Quality Fund, Inc. is a closed-end fixed income fund specializing in providing income exempt from both federal and Michigan state income taxes. Its primary function is to invest in a portfolio of investment-grade, long-term municipal bonds issued within the state of Michigan. These securities are selected with the goal of delivering a high level of tax-exempt current income to shareholders while adhering to prudent portfolio management standards. Launched in 1992 and managed by BlackRock Advisors, LLC, the fund is distinguished by its focus on a single state's municipal debt market, particularly benefiting investors who seek both tax efficiency and exposure to Michigan’s municipal sector. As part of the broader municipal bond fund sector, this asset plays a vital role in facilitating capital for Michigan’s public infrastructure and development projects while offering a risk profile and income characteristics distinct from taxable fixed income and more broadly diversified municipal funds. The fund regularly distributes monthly income, reflecting its emphasis on generating steady, tax-advantaged returns for income-oriented investors.