BLACKROCK MUNIHOLDINGS CALIFORNIA QUALITY FUND, INC. (MUC)
The BlackRock MuniHoldings California Quality Fund, Inc. (MUC) is a closed-end investment vehicle initially brought to market by BlackRock, Inc. Its day-to-day management falls under the purview of BlackRock Advisors, LLC. This fund primarily allocates capital within the fixed-income sector, focusing predominantly on a portfolio of high-quality, long-term municipal debt instruments. A significant benefit of these holdings is that the interest they generate is exempt from both federal and California state income taxes. MUC was established in 1997 and operates from its domicile in the United States.
Industry: Asset Management
BlackRock MuniHoldings California Quality Fund, Inc.
NYSE:MUCFinancial Services · Asset Management
-1.11%$9.77
AH Close$9.77+0.00%vs close
AH Close$9.77+0.00%vs close
Mkt Cap$1.22B
Float125.01M
O/S125.01M
Inst Own26.5%
SI0.2%
Div Yield6.57%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$100.79M
Net Income$91.3M
Total Assets$2.46B
Free Cash Flow$56.41M
Debt & Equity
Debt 41%
Equity 59%
Total Debt$985.7M
Total Equity$1.44B
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in MUC's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$2.46B
Liabilities$1.02B
Accounts Receivable$53.71M
Accounts Payable$20.45M
Inventory$0
PP&E (Net)$0
Goodwill$0
Intangible Assets$0
Income Statement
| Period | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2026-07-31 | 2025-07-31 | 2024-07-31 | 2023-07-31 | 2022-07-31 | 2021-07-31 | 2020-07-31 | 2019-07-31 | 2018-07-31 | 2017-07-31 | 2016-07-31 | 2015-07-31 | 2014-07-31 | 2013-07-31 |
| Revenue | $100.79M | $82.69M | $38.1M | -$29.73M | $47.92M | $35.8M | $38.41M | $45.01M | $6.88M | -$9.93M | $42.99M | $41.39M | $43M | $45.46M |
| YoY Growth | 21.9% | 117.1% | -228.1% | -162.0% | 33.9% | -6.8% | -14.7% | 554.6% | -169.2% | -123.1% | 3.9% | -3.8% | -5.4% | - |
| Cost of Revenue | $16.58M | $0 | $0 | $10.4M | $0 | $5.83M | $5.64M | $5.45M | $5.58M | $5.73M | $5.87M | $0 | $0 | $0 |
| Gross Profit | $84.21M | $82.69M | $38.1M | -$40.13M | $47.92M | $29.97M | $32.77M | $39.55M | $1.3M | -$15.67M | $37.12M | $41.39M | $43M | $45.46M |
| Gross Margin | 83.5% | 100.0% | 100.0% | 135.0% | 100.0% | 83.7% | 85.3% | 87.9% | 18.9% | 157.7% | 86.4% | 100.0% | 100.0% | 100.0% |
| Research and Development | $0 | $0 | $0 | $2 | $0 | $1 | $2 | $1 | $0 | -$0 | $1 | $0 | $0 | $0 |
| Selling, General, and Administrative | $0 | $13.72M | $610K | $838K | $8M | $447K | $414K | $449K | $478K | $521K | $1 | $6.05M | $5.74M | $6.12M |
| Other | -$30.17M | $0 | $0 | $18.72M | $0 | -$292K | -$343K | -$459K | -$515K | -$453K | $41M | $0 | $0 | $0 |
| Total Operating Expenses | -$30.17M | $13.72M | $57K | $143K | $8M | $155K | $71K | -$10K | -$36K | $68K | $25.25M | $6.34M | $49.36M | $80.64M |
| Operating Income (EBIT) | $114.38M | $68.97M | $38.04M | -$29.87M | $39.92M | $35.64M | $38.34M | $45.02M | $15.44M | -$3.41M | $35.71M | $35.33M | $37.26M | $39.34M |
| Operating Margin | 113.5% | 83.4% | 99.9% | 100.5% | 83.3% | 99.6% | 99.8% | 100.0% | 224.6% | 34.3% | 83.1% | 85.4% | 86.6% | 86.5% |
| Interest Expense | $23.09M | $0 | $28.16M | $24.05M | $4.81M | $3.18M | $7.25M | $9.65M | $8.53M | $6.6M | $0 | $0 | $0 | $0 |
| Interest Income | $99.46M | -$22.95M | $77.11M | $75.16M | $0 | $36M | $36.97M | $38.71M | $40.65M | $40.92M | $4.1M | $3.44M | $3.61M | $4.27M |
| Other Income (Expense) | -$23.09M | -$143.2M | -$28.16M | -$24.05M | -$134.85M | -$3.18M | $0 | $0 | -$27.96M | $5.73M | $27.26M | -$3.73M | $51.49M | -$78.78M |
| Income Before Tax (EBT) | $91.3M | -$74.23M | $38.04M | -$29.87M | -$94.93M | $35.64M | $38.34M | $45.02M | $6.91M | -$10M | $62.96M | $31.6M | $88.75M | $39.44M |
| Income Tax Expense | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $34.87M | $35M | $0 | $0 | $0 | $78.78M |
| Net Income | $91.3M | -$74.23M | $38.04M | -$29.87M | -$94.93M | $35.64M | $38.34M | $45.02M | $6.91M | -$10M | $67.06M | $31.6M | $88.75M | -$39.44M |
| Net Income Margin | 90.6% | -89.8% | 99.9% | 100.5% | -198.1% | 99.6% | 99.8% | 100.0% | 100.5% | 100.7% | 156.0% | 76.4% | 206.4% | -86.7% |
| Supplementary Data | ||||||||||||||
| EPS | 0.96 | -0.79 | 0.40 | -0.31 | -0.97 | 0.87 | 0.94 | 1.10 | 0.17 | -0.24 | 43671190.00 | 0.77 | 2.16 | -0.96 |
| Diluted EPS | 0.96 | -0.79 | 0.40 | -0.31 | -0.97 | 0.87 | 0.94 | 1.10 | 0.17 | -0.24 | 43671190.00 | 0.77 | 2.16 | -0.96 |
| Weighted Average OS | 95.10M | 94.18M | 94.18M | 95.43M | 97.53M | 41.01M | 41.00M | 41.00M | 40.66M | 41.00M | 1.536 | 41.00M | 41.00M | 41.00M |
| EBITDA | $114.38M | $68.97M | $0 | -$35.69M | $39.92M | $38.82M | $45.59M | $54.67M | $6.91M | -$19.14M | $35.71M | $35.33M | $37.26M | $39.34M |
| EBITDA Margin | 113.5% | 83.4% | - | 120.1% | 83.3% | 108.4% | 118.7% | 121.5% | 100.5% | 192.7% | 83.1% | 85.4% | 86.6% | 86.5% |
Balance Sheet
| Period | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2026-07-31 | 2025-07-31 | 2024-07-31 | 2023-07-31 | 2022-07-31 | 2021-07-31 | 2020-07-31 | 2019-07-31 | 2018-07-31 | 2017-07-31 | 2016-07-31 | 2015-07-31 | 2014-07-31 | 2013-07-31 |
| Assets | ||||||||||||||
| Current Assets | ||||||||||||||
| Cash and Cash Equivalents | $0 | $0 | $0 | $6.83M | $0 | $19.39M | -$1.87M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Short-Term Investments | $45.31M | $18.8M | $0 | $0 | -$1.11B | $22.3M | $1.87M | $0 | $610K | $594K | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $45.31M | $18.8M | $82.5M | $6.83M | -$1.11B | $41.69M | $1.87M | $0 | $610K | $594K | $0 | $0 | $0 | $0 |
| Accounts Receivable | $53.71M | $42.88M | $20.73M | $23.11M | $26.85M | $13M | $13.61M | $14.32M | $17.03M | $17.63M | $15.2M | $14.48M | $29.49M | $24.59M |
| Inventory | $0 | $0 | $0 | $0 | $1.15B | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Assets | $0 | -$18.8M | $1.25M | -$91.83M | $2.34M | -$54.69M | $0 | $853K | $610K | $468K | $424K | $169K | $581K | $65K |
| Total Current Assets | $99.02M | $43.22M | $22.02M | $29.93M | $13M | $13M | $13.61M | $14.32M | $17.03M | $17.63M | $15.66M | $14.69M | $30.1M | $24.66M |
| Long-Term Assets | ||||||||||||||
| Property, Plant & Equipment Net | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Goodwill | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $2.36B | $1.78B | $1.85B | $1.82B | $2.17B | $1.06B | $1.06B | $1.05B | $1.07B | $1.07B | $706.81M | $697.81M | $783.22M | $661.44M |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $393K | $340K | $1.87B | -$1.82B | -$1.1B | -$1.06B | -$1.06B | -$1.05B | -$1.07B | -$1.07B | $387.73M | $353.72M | $188.64M | $345.35M |
| Total Long-Term Assets | $2.36B | $1.78B | $1.85B | $1.82B | $1.07B | $1.06B | $1.06B | $1.05B | $1.07B | $1.07B | $1.09B | $1.05B | $971.87M | $1.01B |
| Other Assets | $0 | $0 | $0 | $16K | $1.12B | $6K | $21K | $867K | $634K | $467K | $0 | $0 | $0 | $0 |
| Total Assets | $2.46B | $1.83B | $1.87B | $1.85B | $2.2B | $1.07B | $1.07B | $1.07B | $1.09B | $1.09B | $1.11B | $1.07B | $1B | $1.03B |
| Liabilities | ||||||||||||||
| Current Liabilities | ||||||||||||||
| Accounts Payable | $20.45M | $35.29M | $10.06M | $8.95M | $16.1M | $2.3M | $2.48M | $2.73M | $24.56M | $15.48M | $4.37M | $0 | $7.04M | $5.98M |
| Short-Term Debt | $93K | $208.79M | $673.6M | $9K | $19K | $9K | $0 | $0 | $0 | $0 | $170.84M | $415.57M | $342.27M | $172.33M |
| Current Income Tax Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $0 | $2.39M | $8.53M | -$19K | $2.29M | -$410.03M | -$8.15M | $15.11M | $15.1M | $0 | $0 | $0 | $0 |
| Other Current Liabilities | -$20.45M | $487K | -$2.38M | -$10.61M | -$19M | -$3.41M | -$3.29M | -$3.84M | -$25.42M | -$16.72M | $2.66M | $2.84M | $2.93M | $3.87M |
| Total Current Liabilities | $93K | $247.2M | $687.92M | $8.54M | $2.3M | $2.3M | $2.48M | $2.73M | $24.56M | $15.48M | $179.07M | $419.32M | $353.13M | $182.18M |
| Long-Term Liabilities | ||||||||||||||
| Long-Term Debt | $985.61M | $525.86M | $19K | $626.39M | $91K | $406.14M | $0 | $0 | $0 | $0 | $254M | $0 | $0 | $254M |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $35.89M | $0 | $0 | -$626.39M | -$91K | -$406.14M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Long-Term Liabilities | $1.02B | $525.86M | $673.62M | $636.99M | $409.58M | $409.57M | $416M | $10.89M | $24.56M | $381K | $254M | $0 | $0 | $254M |
| Other Liabilities | $0 | $773.06M | $685.53M | -$636.99M | $481.3M | -$409.57M | -$416M | $414.93M | $425.92M | $437.22M | $0 | $0 | $0 | $0 |
| Total Liabilities | $1.02B | $773.06M | $685.53M | $8.54M | $893.19M | $2.3M | $2.48M | $428.55M | $475.04M | $453.08M | $433.07M | $419.32M | $353.13M | $436.18M |
| Stockholders' Equity | ||||||||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $1.72B | $1.31B | $1.33B | $1.35B | $1.38B | $581.44M | $581.3M | $581.3M | $581.3M | $581.3M | $585.93M | $585.93M | $586.01M | $586.12M |
| Retained Earnings | -$281.72M | -$260.3M | -$145.12M | -$138.45M | -$67.31M | $81.45M | $72.54M | $56.52M | $2.02M | $2.94M | $91.19M | $60.96M | $62.83M | $9.15M |
| Comprehensive Income & Other | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $33.07M | $52.63M | $0 | $0 | $0 | $0 |
| Other Stockholders' Equity | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $33.07M | $52.63M | $0 | $0 | $0 | $0 |
| Total Equity | $1.44B | $1.05B | $1.19B | $1.21B | $1.31B | $662.89M | $653.84M | $637.82M | $616.39M | $636.87M | $677.13M | $646.9M | $648.84M | $595.27M |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $2.46B | $1.83B | $1.87B | $1.22B | $2.2B | $665.19M | $656.32M | $1.07B | $1.09B | $1.09B | $1.11B | $1.07B | $1B | $1.03B |
| Supplementary Data | ||||||||||||||
| Total Debt | $985.7M | $734.65M | $673.6M | $626.4M | $91K | $406.15M | $412.51M | $10.89M | $9.45M | $381K | $424.84M | $415.57M | $342.27M | $426.33M |
| Net Debt | $985.7M | $734.65M | $673.6M | $619.57M | $91K | $386.76M | $414.38M | $10.89M | $9.45M | $381K | $424.84M | $415.57M | $342.27M | $426.33M |
Cash Flow Statement
| Period | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2026-07-31 | 2025-07-31 | 2024-07-31 | 2023-07-31 | 2022-07-31 | 2021-07-31 | 2020-07-31 | 2019-07-31 | 2018-07-31 | 2017-07-31 | 2016-07-31 | 2015-07-31 | 2014-07-31 | 2013-07-31 |
| Operating Activities | ||||||||||||||
| Net Income | $91.3M | -$74.23M | $38.04M | -$29.87M | -$94.93M | $35.64M | $38.34M | $45.02M | $6.91M | -$10M | $62.96M | $31.6M | $88.75M | -$39.44M |
| Depreciation & Amortization | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Deferred Income Tax | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | ||||||||||||||
| Accounts Receivable | -$5.32M | -$1.94M | $1.38M | $4.76M | $854K | $658K | $782K | $1.29M | -$906K | $535K | -$714K | -$911K | $713K | $360K |
| Inventory | $0 | $0 | $0 | -$10K | $10K | $1K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Payable | -$139K | $120K | -$132K | -$1.1M | $655K | $73K | $5K | $13K | -$383K | $736K | $25K | $0 | $0 | $0 |
| Other Working Capital | $626K | -$882K | $89K | $164K | -$225K | -$272K | -$933K | $306K | $298K | $16K | $70K | $508K | -$603K | -$65K |
| Total Working Capital Change | -$4.83M | -$2.82M | $1.46M | $3.82M | $1.29M | $460K | -$146K | $1.61M | -$991K | $1.29M | -$618K | -$403K | $110K | $295K |
| Other Non-Cash Items | -$30.06M | $87.64M | -$34.41M | $352.59M | $219.71M | -$3.31M | -$5.09M | $2.27M | $8.92M | $27.75M | -$25.4M | -$70.87M | $30.27M | $89.26M |
| Net Cash from Operating | $56.41M | $10.59M | $5.09M | $326.53M | $126.08M | $32.79M | $33.1M | $48.9M | $14.84M | $19.04M | $36.26M | -$39.67M | $119.13M | $50.11M |
| Investing Activities | ||||||||||||||
| Capital Expenditures | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Acquisitions | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Purchases of Investments | -$571.68M | -$1.05B | -$1.04B | -$882.99M | -$630.47M | -$44.71M | -$180.43M | -$267.72M | -$251.73M | -$194.18M | -$225.12M | $0 | $0 | $0 |
| Sales of Investments | $545.04M | $958.07M | $1.03B | $1.19B | $544.71M | $59.43M | $167.01M | $289.27M | $273.84M | $213.4M | $238.18M | $0 | $0 | $0 |
| Other Investing Activities | $53.29M | $96.85M | $0 | $0 | $171.52M | $0 | $26.85M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Cash from Investing | $26.64M | -$96.85M | -$10.15M | $309.22M | $85.76M | $14.73M | $13.42M | $21.55M | -$22.11M | -$19.21M | -$13.06M | $0 | $0 | $0 |
| Financing Activities | ||||||||||||||
| Debt Repaid | -$9.38M | -$47.18M | -$19K | $91K | -$91K | $6.37M | $15.68M | -$1.44M | -$9.07M | - | - | - | - | - |
| Common Stock Issuance | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock Repurchases | $0 | $0 | -$12.96M | -$22.5M | -$460 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | $0 | -$63.69M | -$44.93M | -$51.84M | -$36.06M | -$26.42M | -$22.02M | -$23.75M | -$27.96M | -$30.26M | -$32.98M | -$33.7M | -$35.18M | -$36.67M |
| Other Financing Activities | $37K | $22K | $47.19M | -$247.7M | -$101.19M | -$1K | $0 | -$26.35M | $4.22M | $11.22M | $9.27M | $73.37M | -$83.95M | -$13.45M |
| Net Cash from Financing | -$59.11M | -$11.84M | -$10.67M | -$322.05M | -$137.17M | -$32.79M | -$33.95M | -$48.66M | -$14.67M | -$19.04M | -$23.71M | $39.67M | -$119.13M | -$50.11M |
| Forex Effect | -$23.95M | $0 | $0 | -$309.22M | -$85.76M | $0 | -$13.42M | -$21.55M | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | $0 | -$1.25M | -$5.58M | $4.49M | -$11.09M | $14.73M | -$847K | $237K | $166K | -$19.21M | -$505K | $0 | $0 | $0 |
| Supplementary Data | ||||||||||||||
| Operating Cash Flow | $56.41M | $10.59M | $5.09M | $326.53M | $126.08M | $32.79M | $33.1M | $48.9M | $14.84M | $19.04M | $36.26M | -$39.67M | $119.13M | $50.11M |
| Capital Expenditure | $4 | $0 | $2 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Free Cash Flow | $56.41M | $10.59M | $5.09M | $326.53M | $126.08M | $32.79M | $33.1M | $48.9M | $14.84M | $19.04M | $36.26M | -$39.67M | $119.13M | $50.11M |
| Cash at Beginning | $0 | $1.25M | $6.83M | $2.34M | $13.43M | $4.67M | $847K | $610K | $444K | $0 | $0 | $0 | $0 | $0 |
| Cash at End | $0 | $0 | $1.25M | $6.83M | $2.34M | $19.39M | $0 | $847K | $610K | -$19.21M | -$505K | $0 | $0 | $0 |