On the -invariant of the cyclotomic derivative of a Katz p -adic -function

When the branch character has root number $- 1$ , the corresponding anticyclotomic Katz $p$ -adic $L$ -function vanishes identically. For this case, we determine the $\mu $ -invariant of the cyclotomic derivative of the Katz $p$ -adic $L$ -function. The result proves, as an application, the non-vanishing of the anticyclotomic regulator of a self-dual CM modular form with root number $- 1$ . The result also plays a crucial role in the recent work of Hsieh on the Eisenstein ideal approach to a one-sided divisibility of the CM main conjecture.