Shareholders have approved a series of fund reorganizations involving several BlackRock municipal closed-end funds. As part of the approved changes, BlackRock Long-Term Municipal Advantage Trust $(BTA)$ will be combined with and into BlackRock MuniAssets Fund, Inc. $(MUA)$. Additional reorganizations include the combination of BlackRock California Municipal Income Trust $(BFZ)$ into BlackRock MuniHoldings California Quality Fund, Inc. $(MUC)$, and the consolidation of BlackRock New York Municipal Income Trust $(BNY)$ and BlackRock MuniHoldings New York Quality Fund, Inc. $(MHN)$ into BlackRock MuniYield New York Quality Fund, Inc. (MYN). Several other municipal funds will also be merged into BlackRock MuniHoldings Fund, Inc. $(MHD)$. The reorganizations are expected to be completed in February 2026, pending customary closing conditions, and are anticipated to be non-taxable events.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. BlackRock MuniAssets Fund Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20251120350776) on November 20, 2025, and is solely responsible for the information contained therein.
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