Core Points - BlackRock has announced shareholder approval for the reorganizations of BlackRock MuniVest Fund, Inc. (MVF) and BlackRock MuniVest Fund II, Inc. (MVT) into BlackRock MuniYield Quality Fund III, Inc. (MYI) [1] - The reorganizations are expected to be completed in February 2026, pending customary closing conditions [1] - The previously proposed reorganization of BlackRock MuniYield Michigan Quality Fund Inc. (MIY) into MYI will not occur due to insufficient vote requirements, and MIY will continue as a standalone fund [2] - The reorganizations are anticipated to be non-taxable events [2] Company Information - BlackRock aims to enhance financial well-being for individuals by providing investment solutions and financial technology [3] - The company updates performance and other data for its funds monthly on its website [4]
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)