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MIY

BlackRock MuniYield Michigan Quality Fund (MIY) Total Return Calculator

$10,000 since Dec 2007, with and without reinvesting · data through Oct 2026

$10,000 invested in BlackRock MuniYield Michigan Quality Fund (MIY) ten years ago, at the end of Oct 2016, was worth $14,072 at the end of Oct 2026 with every dividend reinvested: 3.5% a year, against $41,633 in the S&P 500. Since Dec 2007, $10,000 became $26,124 reinvested (5.2% a year), or $19,695 taking the dividends as cash, $10,460 of it paid out along the way.

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MIY became

$26,124

S&P 500: $72,756

Return a year

5.2%

S&P 500: 11.1%

Payouts reinvested

$18,167

bought more shares

Worst drop

-33.1%

S&P 500: -48.2%

$10,000, Dec 2007 to Oct 2026

Payouts reinvested · S&P 500 reinvested

YearMIY total returnPaid outS&P 500
2026 (part)+8.6%$1,128+11.7%
2025+11.3%$1,321+17.7%
2024+3.5%$1,089+24.9%
2023+6.6%$777+26.2%
2022−24.1%$1,079−18.2%
2021+10.0%$1,107+28.7%
2020+7.2%$967+18.3%
2019+19.6%$923+31.2%
2018−6.8%$920−4.6%
2017+8.9%$1,056+21.7%
2016+2.7%$1,006+12.0%
2015+7.2%$1,052+1.2%
2014+18.8%$1,010+13.5%
2013−14.9%$971+32.3%
2012+7.1%$932+16.0%
2011+24.3%$887+1.9%
2010+9.7%$795+15.1%
2009+45.5%$630+26.4%
2008−23.8%$519−36.8%

"Paid out" is what your holding received that year. Month-end prices; no costs or taxes.

Key facts: MIY total return

Data as of · Source: SmarterDividends data

  • $10,000 invested in BlackRock MuniYield Michigan Quality Fund (MIY) at the end of Dec 2007, with dividends reinvested, was worth $26,124 at the end of Oct 2026: 5.2% a year, against $72,756 (11.1% a year) in the S&P 500.
  • Over the 10 years to Oct 2026, MIY turned $10,000 into $14,072 with dividends reinvested, 3.5% a year.
  • Over the 5 years to Oct 2026, MIY returned 0.8% a year with dividends reinvested (S&P 500: 12.0%).
  • Taking MIY's dividends as cash instead of reinvesting them, the same $10,000 ended at $19,695, including $10,460 of cash received; reinvesting added $6,429.
  • About 100% of MIY's yearly total return since Dec 2007 came from dividends; the rest came from the share price.
  • MIY's best calendar year in that time was 2009 (45.5%) and its worst 2022 (-24.1%), with dividends reinvested.
Cite this page

SmarterDividends, "BlackRock MuniYield Michigan Quality Fund (MIY) Total Return Calculator," updated Nov 5, 2026, https://smarterdividends.com/stocks/MIY/total-return

MIY total return questions

If I invested $10,000 in MIY 10 years ago, how much would I have?

About $14,072 at the end of Oct 2026, with every dividend reinvested: 3.5% a year. Taking them as cash, you'd have shares worth $8,628 or so plus the cash you received. The same $10,000 in the S&P 500 became $41,633.

What is MIY's total return since Dec 2007?

161% in total, or 5.2% a year, through Oct 2026 with dividends reinvested. The share price alone fell 8%.

How much of MIY's return came from dividends?

About 100% of its yearly return since Dec 2007. Reinvesting them, rather than taking cash, left you $6,429 better off on a $10,000 start.

What was MIY's worst year?

2022, at -24.1% with dividends reinvested (S&P 500: -18.2%). Its deepest fall from a peak, on month-end values, was -33.1%.

How is total return calculated here?

From month-end prices: the adjusted price counts every dividend reinvested in the month it was paid; the plain price doesn't. The S&P 500 is SPY with its dividends reinvested. No trading costs or taxes.