MYD Falls to Levels Below Book Value
May 06, 2015 at 12:35 PM EDT
In trading on Wednesday, shares of BlackRock MuniYield Fund (MYD) crossed below their last reported book value defined as common shareholder equity per share of $14.71, changing hands as low as $14.65 per share. BlackRock MuniYield Fund shares are currently trading off about 1.1% on the day..