BlackRock Advisors, LLC has announced that shareholders have approved the reorganization of BlackRock MuniVest Fund II, Inc. $(MVT)$, along with BlackRock MuniVest Fund, Inc. (MVF), into BlackRock MuniYield Quality Fund III, Inc. (MYI). The reorganizations are expected to be completed in February 2026, subject to customary closing conditions, and will be based on the relative net asset values of each fund's common shares at the time of the merger. The transaction is anticipated to be non-taxable for shareholders.
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 MuniVest Fund II Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20251120492863) on November 20, 2025, and is solely responsible for the information contained therein.
Comments