BlackRock Announces Results of Joint Special Shareholder Meeting Relating to the Reorganizations of Five Municipal Closed-End Funds

Dec 16, 2020

BlackRock Advisors, LLC announced today that, at a joint special meeting of shareholders (the “Meeting”) of BlackRock Municipal Income Investment Quality Trust (“BAF”), BlackRock Municipal Bond Trust (NYSE: BBK), BlackRock MuniHoldings Fund II, Inc. (NYSE: MUH), BlackRock MuniHoldings Quality Fund, Inc. (NYSE: MUS) and BlackRock MuniHoldings Fund, Inc. (NYSE: MHD and collectively with BAF, BBK, MUH and MUS, the “Funds,” and each, a “Fund”), the requisite votes of shareholders of BBK and MHD have approved the reorganization of BBK with and into MHD, with MHD continuing as the surviving Fund, and the transactions contemplated thereby (the “BBK Reorganization”). BAF, MUH and MUS did not obtain the requisite votes of common shareholders to constitute a quorum and/or approve the applicable proposals. Accordingly, the Meeting with respect to the proposals to be voted on by common shareholders of each of BAF, MUH and MUS has been adjourned to January 21, 2021 at 11:00 a.m. (Eastern time) in order to continue to solicit proxies from common shareholders of such Funds.

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