BlackRock MuniVest Fund
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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)
Businesswire· 2025-11-20 21:39
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]