By allowing ads to appear on this site, you support the local businesses who, in turn, support great journalism.
BlackRock Announces Shareholder Approval of Reorganizations of BlackRock MuniVest Fund, Inc. (MVF) and BlackRock MuniVest Fund II, Inc. (MVT) with and into BlackRock MuniYield Quality Fund III, Inc. (MYI)
Placeholder Image
NEW YORK--(BUSINESS WIRE)--Nov 20, 2025-- BlackRock Advisors, LLC announced today that, at the shareholder meetings held on October 15, 2025 and November 20, 2025, shareholders of each of the closed-end funds named below (each, a “Fund” and collectively, the “Funds”) have approved the following reorganizations (each, a “Reorganization” and collectively, the “Reorganizations”): Reorganizations of BlackRock MuniVest Fund, Inc. (MVF), BlackRock MuniVest Fund II, Inc. (MVT) with and into BlackRock MuniYield Quality Fund III, Inc. (MYI) It is currently expected that the Reorganizations will be completed in February 2026, subject to the satisfaction of customary closing conditions. The Reorganizations, if completed, would occur based on the relative net asset values of each Fund’s common shares at the time of the applicable Reorganization. Note: The previously proposed Reorganization of BlackRock MuniYield Michigan Quality Fund Inc. (MIY) into MYI will not take place as the vote requirement was not achieved.