What if you'd held MIY?
A $1,000 investment in Blackrock MuniYield Michigan Quality Fund, Inc. (MIY) at the month-end close of 1992-11 would be worth $5,551 at the close of 2026-08 — +455.1% total return, dividends reinvested. The same $1,000 in the S&P 500 would be worth $17,869.
Your scenario
Result
If you'd bought $1,000 at the start of each year
Value of $1,000 invested on January 1 of each year, held to 2026-08, dividends included.
Every year, $1,000 from 1992
| Year | Value of $1,000 | Year return |
|---|---|---|
| 1992 | $1,000 | — |
| 1993 | $1,087 | +8.7% |
| 1994 | $852 | -21.7% |
| 1995 | $1,022 | +20.0% |
| 1996 | $1,105 | +8.1% |
| 1997 | $1,253 | +13.4% |
| 1998 | $1,454 | +16.0% |
| 1999 | $1,140 | -21.6% |
| 2000 | $1,293 | +13.4% |
| 2001 | $1,480 | +14.5% |
| 2002 | $1,651 | +11.5% |
| 2003 | $1,852 | +12.2% |
| 2004 | $2,048 | +10.6% |
| 2005 | $2,197 | +7.2% |
| 2006 | $2,131 | -3.0% |
| 2007 | $2,061 | -3.3% |
| 2008 | $1,568 | -23.9% |
| 2009 | $2,284 | +45.7% |
| 2010 | $2,507 | +9.8% |
| 2011 | $3,118 | +24.4% |
| 2012 | $3,328 | +6.7% |
| 2013 | $2,830 | -15.0% |
| 2014 | $3,358 | +18.7% |
| 2015 | $3,603 | +7.3% |
| 2016 | $3,699 | +2.7% |
| 2017 | $4,026 | +8.9% |
| 2018 | $3,760 | -6.6% |
| 2019 | $4,489 | +19.4% |
| 2020 | $4,817 | +7.3% |
| 2021 | $5,301 | +10.1% |
| 2022 | $4,022 | -24.1% |
| 2023 | $4,293 | +6.7% |
| 2024 | $4,445 | +3.6% |
| 2025 | $4,948 | +11.3% |
| 2026 | $5,502 | +11.2% |
Best and worst month-end to buy
The best single month-end close to have bought MIY was 1994-12 ($1.95): $1,000 then is $6,462 today. The worst was 2026-08 ($12.60): $1,000 then is $1,000.
FAQ
What would $1,000 in MIY be worth today?
A $1,000 investment in Blackrock MuniYield Michigan Quality Fund, Inc. (MIY) at the start of 1992 would be worth about $5,551 today, a total return of +455.1%. Dividends are reinvested in these figures.
What were the best and worst years for MIY?
Blackrock MuniYield Michigan Quality Fund, Inc. (MIY)'s strongest calendar year since 1992 was 2009, a +45.7% return — $1,000 held through that year became about $1,457 by year-end. Its weakest year was 2022, at -24.1%.
Does the calculator include dividends and splits?
Yes where available. Prices are adjusted for both stock splits and reinvested dividends (total return), the same measure brokerages use.
How much would $100 per month in MIY have grown?
Investing $100 at the end of every month since 1992-11 would have grown to about $110,024 on $40,600 invested.
Did MIY beat the S&P 500?
Over the same period, $1,000 in the S&P 500 index would be worth $17,869. MIY trailed the S&P 500 by +68.9% in total return.
Is this investment advice?
No. Wall Street Regrets is an entertainment and education tool. Every number is a historical calculation, not a prediction, and past performance never guarantees future results.
Methodology
Blackrock MuniYield Michigan Quality Fund, Inc. (MIY) historical total-return data from 1992-11 to 2026-08, reduced to month-end closes for the tables above.
Returns use adjusted close prices from Yahoo Finance historical data — adjusted for stock splits and reinvested dividends — the same convention used by major brokerages. A "year" scenario invests $1,000 at the prior December's month-end close and values it at the latest available month-end close. Non-USD amounts are converted at historical month-end exchange rates (Yahoo Finance): to USD on the buy date and back to your currency at the latest rate, so the return reflects the currency move as well as the asset.
Month-end resolution means intra-month extremes are not captured in tables; the calculator uses exact trading-day closes where daily data is available. Figures ignore taxes, fees, and the currency effects of non-USD listings. History is not a forecast. Wall Street Regrets is entertainment, not investment advice.
What if you'd held…
Data: adjusted close prices via Yahoo Finance. As of 2026-08. Not financial advice.