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☐ Preliminary Proxy Statement |
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☒ Definitive Proxy Statement |
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☐ Definitive Additional Materials |
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• | Provide for shareholders to begin logging into the joint annual meeting at 9:30 a.m., Eastern time on Friday, July 26, 2024, thirty minutes in advance of the joint annual meeting. |
• | Permit shareholders attending the joint annual meeting to submit questions via live webcast during the joint annual meeting by following the instructions available on the meeting website during the joint annual meeting. Questions relevant to joint annual meeting matters will be answered during the joint annual meeting, subject to time constraints. |
• | Engage with and respond to shareholders who ask questions relevant to joint annual meeting matters that are not answered during the joint annual meeting due to time constraints. |
• | Provide the ability for participating shareholders who hold Fund shares in their name to vote or revoke their prior vote at the joint annual meeting by following the instructions that will be available on the meeting website during the joint annual meeting. Participating shareholders who are beneficial shareholders (that is if they hold Fund shares through a bank, broker, financial intermediary or other nominee) will not be able to vote at the joint annual meeting unless they have registered in advance to attend the joint annual meeting, as described below. |
• | By touch-tone telephone; |
• | By Internet; |
• | By signing, dating and returning the enclosed proxy card or voting instruction form(s) in the postage-paid envelope; or |
• | By participating at the meeting as described above. |
Q: |
Why am I receiving the joint proxy statement? |
A: | Each Fund is required to hold an annual meeting of shareholders for the election of Board Members. This joint proxy statement describes a proposal to approve the nominees to the Board of the Fund(s) in which you own shares and provides you with other information relating to the meeting. The enclosed proxy card(s) indicate the Fund(s) in which you own shares. The table starting on page 8 of the joint proxy statement identifies the Board Members, including the Board Nominees, for each Fund. |
Q: |
Will my vote make a difference? |
A: | YES. |
Q: |
How do the Boards of the Funds recommend that I vote? |
A: | The Boards have reviewed the qualifications and backgrounds of the Board Nominees and believe that the Board Nominees possess the requisite experience in overseeing investment companies and are familiar with the Funds and their investment advisers. The Boards have approved the Board Nominees named in the joint proxy statement, believe their election is in your best interest and unanimously recommend that you vote “ FOR ” |
Q: |
When and where will the meeting be held? |
A: | The meeting will be held on Friday, July 26, 2024, at 10:00 a.m. (Eastern time). The meeting will be held in a virtual meeting format only. Shareholders will not have to travel to attend the meeting but will be able to view the meeting live and cast their votes by accessing a web link. |
Q: |
How do I vote my shares? |
A: | You can provide voting instructions by telephone, by calling the toll-free number on the proxy card(s) or on the Important Notice Regarding the Availability of Proxy Materials for the Joint Annual Meeting of Shareholders to be Held on July 26, 2024 (the “Notice of Internet Availability of Proxy Materials”), or by going to the Internet address provided on the Notice of Internet Availability of Proxy Materials or proxy card(s) and following the instructions. If you vote by telephone or via the Internet, you will be asked to enter a unique code that has been assigned to you, which is printed on your proxy card(s) or Notice of Internet Availability of Proxy Materials, as applicable. This code is designed to confirm your identity, provide access to the voting website and confirm that your voting instructions are properly recorded. Alternatively, if you received your proxy card(s) by mail, you can vote your shares by signing and dating the proxy card(s) and mailing it (them) in the enclosed postage-paid envelope. |
You may also vote at the meeting; however, even if you plan to attend the virtual meeting, we still encourage you to provide voting instructions by one of the methods discussed above. In addition, we ask that you please note the following: |
If your shares in a Fund are registered in your name, you may attend and participate in the meeting at meetnow.global/MAXD4Y6 by entering the control number found in the shaded box on your proxy card on the date and time of the meeting. You may vote during the meeting by following the instructions that will be available on the meeting website during the meeting. |
Also, if you are a beneficial shareholder of a Fund, you will not be able to vote at the virtual meeting unless you have registered in advance to attend the meeting. To register, you must submit proof of your proxy power (legal proxy) reflecting your Fund holdings along with your name and email address to Georgeson LLC (“Georgeson”), the Funds’ tabulator. You may email an image of your legal proxy to shareholdermeetings@computershare.com. Requests for registration must be received no later than 5:00 p.m. (Eastern time) three business days prior to the meeting date. You will receive a confirmation email from Georgeson (through Computershare) of your registration and a control number and security code that will allow you to vote at the Meeting. |
Even if you plan to attend the meeting, please promptly follow the enclosed instructions to submit your voting instructions by telephone or via the Internet. Alternatively, you may submit voting instructions by signing and dating each proxy card you receive, and if received by mail, returning it in the accompanying postage-paid return envelope. |
Q: |
Are the Funds paying for the cost of the joint proxy statement? |
A: | The costs associated with the joint proxy statement, including the printing, distribution and proxy solicitation costs, will be borne by the Funds. Additional out-of-pocket |
The Funds and BlackRock, Inc. have retained Georgeson, 1290 Avenue of the Americas, 9 th Floor, New York, NY 10104, a proxy solicitation firm, to assist in the distribution of proxy materials and the solicitation and tabulation of proxies. It is anticipated that Georgeson will be paid approximately $159,352 for such services (including reimbursements of out-of-pocket |
Q: |
Whom do I call if I have questions? |
A: | If you need more information, or have any questions about voting, please call Georgeson, the Funds’ proxy solicitor, toll free at 1-866-328-5445. |
PROPOSAL 1. | To elect to the Board (defined below) of your Fund(s) the nominees named in the accompanying joint proxy statement. |
To transact such other business as may properly come before the meeting or any adjournments, postponements or delays thereof. |
Name of Fund |
Ticker | |
BlackRock 2037 Municipal Target Term Trust |
BMN | |
BlackRock Core Bond Trust |
BHK | |
BlackRock Corporate High Yield Fund, Inc. |
HYT | |
BlackRock Credit Allocation Income Trust |
BTZ | |
BlackRock Debt Strategies Fund, Inc. |
DSU | |
BlackRock Energy and Resources Trust |
BGR | |
BlackRock Enhanced Capital and Income Fund, Inc. |
CII | |
BlackRock Enhanced Equity Dividend Trust |
BDJ | |
BlackRock Enhanced Global Dividend Trust |
BOE | |
BlackRock Enhanced Government Fund, Inc. |
EGF | |
BlackRock Enhanced International Dividend Trust |
BGY | |
BlackRock Floating Rate Income Strategies Fund, Inc. |
FRA | |
BlackRock Floating Rate Income Trust |
BGT | |
BlackRock Health Sciences Trust |
BME | |
BlackRock Income Trust, Inc. |
BKT | |
BlackRock Investment Quality Municipal Trust, Inc. |
BKN | |
BlackRock Limited Duration Income Trust |
BLW | |
BlackRock Long-Term Municipal Advantage Trust |
BTA | |
BlackRock Multi-Sector Income Trust |
BIT | |
BlackRock MuniAssets Fund, Inc. |
MUA | |
BlackRock Municipal 2030 Target Term Trust |
BTT | |
BlackRock Municipal Income Quality Trust |
BYM | |
BlackRock Municipal Income Trust |
BFK | |
BlackRock Municipal Income Trust II |
BLE | |
BlackRock MuniHoldings California Quality Fund, Inc. |
MUC | |
BlackRock MuniHoldings Fund, Inc. |
MHD | |
BlackRock MuniHoldings New Jersey Quality Fund, Inc. |
MUJ | |
BlackRock MuniHoldings Quality Fund II, Inc. |
MUE | |
BlackRock MuniVest Fund II, Inc. |
MVT | |
BlackRock MuniVest Fund, Inc. |
MVF | |
BlackRock MuniYield Fund, Inc. |
MYD | |
BlackRock MuniYield Michigan Quality Fund, Inc. |
MIY | |
BlackRock MuniYield Quality Fund II, Inc. |
MQT | |
BlackRock MuniYield Quality Fund III, Inc. |
MYI | |
BlackRock MuniYield Quality Fund, Inc. |
MQY | |
BlackRock Resources & Commodities Strategy Trust |
BCX | |
BlackRock Science and Technology Trust |
BST | |
BlackRock Taxable Municipal Bond Trust |
BBN | |
BlackRock Utilities, Infrastructure & Power Opportunities Trust |
BUI | |
BlackRock Virginia Municipal Bond Trust |
BHV |
Page |
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5 | ||||
7 | ||||
19 | ||||
20 | ||||
23 | ||||
A-1 |
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B-1 |
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C-1 |
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D-1 |
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E-1 |
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F-1 |
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G-1 |
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H-1 |
Fund Name |
Ticker |
Class I (1) |
Class II |
Class III |
Preferred Shares Nominees Standing for Election (2) | |||||
BlackRock 2037 Municipal Target Term Trust |
BMN | X | ||||||||
BlackRock Core Bond Trust |
BHK | X | ||||||||
BlackRock Corporate High Yield Fund, Inc. |
HYT | X | ||||||||
BlackRock Credit Allocation Income Trust |
BTZ | X | ||||||||
BlackRock Debt Strategies Fund, Inc. |
DSU | X | ||||||||
BlackRock Energy and Resources Trust |
BGR | X | ||||||||
BlackRock Enhanced Capital and Income Fund, Inc. |
CII | X | ||||||||
BlackRock Enhanced Equity Dividend Trust |
BDJ | X | ||||||||
BlackRock Enhanced Global Dividend Trust |
BOE | X | ||||||||
BlackRock Enhanced Government Fund, Inc. |
EGF | X | ||||||||
BlackRock Enhanced International Dividend Trust |
BGY | X | ||||||||
BlackRock Floating Rate Income Strategies Fund, Inc. |
FRA | X | ||||||||
BlackRock Floating Rate Income Trust |
BGT | X | ||||||||
BlackRock Health Sciences Trust |
BME | X | ||||||||
BlackRock Income Trust, Inc. |
BKT | X | ||||||||
BlackRock Investment Quality Municipal Trust, Inc. |
BKN | X | X | |||||||
BlackRock Limited Duration Income Trust |
BLW | X | ||||||||
BlackRock Long-Term Municipal Advantage Trust |
BTA | X | X | |||||||
BlackRock Multi-Sector Income Trust |
BIT | X | ||||||||
BlackRock MuniAssets Fund, Inc. |
MUA | X | X | |||||||
BlackRock Municipal 2030 Target Term Trust |
BTT | X | X | |||||||
BlackRock Municipal Income Quality Trust |
BYM | X | X | |||||||
BlackRock Municipal Income Trust |
BFK | X | X | |||||||
BlackRock Municipal Income Trust II |
BLE | X | X | |||||||
BlackRock MuniHoldings California Quality Fund, Inc. |
MUC | X | X | |||||||
BlackRock MuniHoldings Fund, Inc. |
MHD | X | X | |||||||
BlackRock MuniHoldings New Jersey Quality Fund, Inc. |
MUJ | X | X | |||||||
BlackRock MuniHoldings Quality Fund II, Inc. |
MUE | X | X | |||||||
BlackRock MuniVest Fund II, Inc. |
MVT | X | X | |||||||
BlackRock MuniVest Fund, Inc. |
MVF | X | X | |||||||
BlackRock MuniYield Fund, Inc. |
MYD | X | X | |||||||
BlackRock MuniYield Michigan Quality Fund, Inc. |
MIY | X | X | |||||||
BlackRock MuniYield Quality Fund II, Inc. |
MQT | X | X | |||||||
BlackRock MuniYield Quality Fund III, Inc. |
MYI | X | X | |||||||
BlackRock MuniYield Quality Fund, Inc. |
MQY | X | X | |||||||
BlackRock Resources & Commodities Strategy Trust |
BCX | X | ||||||||
BlackRock Science and Technology Trust |
BST | X | ||||||||
BlackRock Taxable Municipal Bond Trust |
BBN | X | ||||||||
BlackRock Utilities, Infrastructure & Power Opportunities Trust |
BUI | X | ||||||||
BlackRock Virginia Municipal Bond Trust |
BHV | X | X |
(1) |
The Class II Board Nominees for HYT, DSU, CII, EGF, FRA and BMN are R. Glenn Hubbard, W. Carl Kester and John M. Perlowski. For each other Fund, the Class II Board Nominees are J. Phillip Holloman, Catherine A. Lynch and Arthur P. Steinmetz. For the Preferred Funds, each of the Class II Board Nominees are voted upon by the holders of Common |
Shares and Preferred Shares of each respective Preferred Fund voting together as a single class, except for Ms. Lynch, who is the Preferred Shares Nominee (as defined below) for each Preferred Fund. For the Preferred Funds, Ms. Lynch is voted upon by the holders of Preferred Shares of each respective Preferred Fund voting as a separate class. For Funds other than the Preferred Funds, each of the Class II Board Nominees is voted upon by the holders of Common Shares of each respective Fund voting as a single class. Please see the description herein under “PROPOSAL 1 – ELECTION OF BOARD NOMINEES.” |
(2) |
With respect to the Preferred Funds, Catherine A. Lynch and W. Carl Kester are currently the Board Members elected solely by the owners of Preferred Shares. Only Catherine A. Lynch is standing for election this year as a Preferred Shares Nominee. Ms. Lynch is voted upon by the holders of Preferred Shares of each respective Preferred Fund voting as a separate class. W. Carl Kester’s term as a Class I Board Member of the Preferred Funds is scheduled to expire in 2026; therefore, he is not standing for election this year as a Preferred Shares Nominee. Please see the description herein under “PROPOSAL 1 — ELECTION OF BOARD NOMINEES” for a more detailed discussion regarding the Preferred Shares Nominee. |
Name, Address (1) and Year of Birth |
Position(s) Held with Funds |
Term of Office and Length of Time Served* |
Principal Occupation(s) During Past Five Years |
Number of BlackRock- Advised Registered Investment Companies (“RICs”) Consisting of Investment Portfolios (“Portfolios”) Overseen** |
Public Company and Other Investment Company Directorships Held During Past Five Years*** | |||||||
Independent Board Members/Nominees † |
||||||||||||
R. Glenn Hubbard (2) 1958 |
Chair of the Boards and Director/ Trustee | 2024 for HYT, DSU, CII, EGF, FRA and BMN; 2026 for all other Funds; from 2007 to present |
Dean, Columbia Business School from 2004 to 2019; Faculty member, Columbia Business School since 1988. | |
68 RICs consisting of 102 Portfolios |
|
ADP (data and information services) from 2004 to 2020; Metropolitan Life Insurance Company (insurance); TotalEnergies SE (multi-energy) |
Name, Address (1) and Year of Birth |
Position(s) Held with Funds |
Term of Office and Length of Time Served* |
Principal Occupation(s) During Past Five Years |
Number of BlackRock- Advised Registered Investment Companies (“RICs”) Consisting of Investment Portfolios (“Portfolios”) Overseen** |
Public Company and Other Investment Company Directorships Held During Past Five Years*** | |||||
W. Carl Kester (2)(5) 1951 |
Vice Chair of the Boards and Director/ Trustee | 2024 for HYT, DSU, CII, EGF, FRA and BMN; 2026 for all other Funds; from 2007 to present |
Baker Foundation Professor and George Fisher Baker Jr. Professor of Business Administration, Emeritus, Harvard Business School since 2022; George Fisher Baker Jr. Professor of Business Administration, Harvard Business School from 2008 to 2022; Deputy Dean for Academic Affairs from 2006 to 2010; Chairman of the Finance Unit, from 2005 to 2006; Senior Associate Dean and Chairman of the MBA Program from 1999 to 2005; Member of the faculty of Harvard Business School since 1981. | 70 RICs consisting of 104 Portfolios |
None | |||||
Cynthia L. Egan (5) 1955 |
Director/ Trustee | 2026 for HYT, DSU, CII, EGF, FRA and BMN; 2025 for all other Funds; from 2016 to present |
Advisor, U.S. Department of the Treasury from 2014 to 2015; President, Retirement Plan Services, for T. Rowe Price Group, Inc. from 2007 to 2012; executive positions within Fidelity Investments from 1989 to 2007. | 70 RICs consisting of 104 Portfolios |
Unum (insurance); The Hanover Insurance Group (Board Chair); Huntsman Corporation (Lead Independent Director and non-Executive Vice Chair of the Board) (chemical products) | |||||
Lorenzo A. Flores 1964 |
Director/ Trustee | 2026 for all Funds; from 2021 to present | Chief Financial Officer, Intel Foundry since 2024; Vice Chairman, Kioxia, Inc. from 2019 to 2024; Chief Financial Officer, Xilinx, Inc. from 2016 to 2019; Corporate Controller, Xilinx, Inc. from 2008 to 2016. | 68 RICs consisting of 102 Portfolios |
None |
Name, Address (1) and Year of Birth |
Position(s) Held with Funds |
Term of Office and Length of Time Served* |
Principal Occupation(s) During Past Five Years |
Number of BlackRock- Advised Registered Investment Companies (“RICs”) Consisting of Investment Portfolios (“Portfolios”) Overseen** |
Public Company and Other Investment Company Directorships Held During Past Five Years*** | |||||
Stayce D. Harris 1959 |
Director/ Trustee | 2026 for HYT, DSU, CII, EGF, FRA and BMN; 2025 for all other Funds; from 2021 to present |
Lieutenant General, Inspector General of the United States Air Force from 2017 to 2019; Lieutenant General, Assistant Vice Chief of Staff and Director, Air Staff, United States Air Force from 2016 to 2017; Major General, Commander, 22nd Air Force, AFRC, Dobbins Air Reserve Base, Georgia from 2014 to 2016; Pilot, United Airlines from 1990 to 2020. | 68 RICs consisting of 102 Portfolios |
KULR Technology Group, Inc. in 2021; The Boeing Company (airplane manufacturer) | |||||
J. Phillip Holloman (3) 1955 |
Director/ Trustee | 2025 for HYT, DSU, CII, EGF, FRA and BMN; 2024 for all other Funds; from 2021 to present | President and Chief Operating Officer, Cintas Corporation from 2008 to 2018. | 68 RICs consisting of 102 Portfolios |
PulteGroup, Inc. (home construction); Rockwell Automation Inc. (industrial automation); Vestis Corporation (uniforms and facilities services) | |||||
Catherine A. Lynch (3)(4)(5) 1961 |
Director/ Trustee | 2026 for HYT, DSU, CII, EGF, FRA and BMN; 2024 for all other Funds; from 2016 to present | Chief Executive Officer, Chief Investment Officer and various other positions, National Railroad Retirement Investment Trust from 2003 to 2016; Associate Vice President for Treasury Management, The George Washington University from 1999 to 2003; Assistant Treasurer, Episcopal Church of America from 1995 to 1999. | 70 RICs consisting of 104 Portfolios |
PennyMac Mortgage Investment Trust |
Name, Address (1) and Year of Birth |
Position(s) Held with Funds |
Term of Office and Length of Time Served* |
Principal Occupation(s) During Past Five Years |
Number of BlackRock- Advised Registered Investment Companies (“RICs”) Consisting of Investment Portfolios (“Portfolios”) Overseen** |
Public Company and Other Investment Company Directorships Held During Past Five Years*** | |||||||
Arthur P. Steinmetz (3)(5) 1958 |
Director/ Trustee | 2025 for HYT, DSU, CII, EGF, FRA and BMN; 2024 for all other Funds; from 2023 to present | Consultant, Posit PBC (enterprise data science) since 2020; Director, ScotiaBank (U.S.) from 2020 to 2023; Chairman, Chief Executive Officer and President of OppenheimerFunds, Inc. from 2015, 2014 and 2013, respectively to 2019); Trustee, President and Principal Executive Officer of 104 OppenheimerFunds funds from 2014 to 2019. Portfolio manager of various OppenheimerFunds fixed income mutual funds from 1986 to 2014. | |
70 RICs consisting of 104 Portfolios |
|
Trustee of 104 OppenheimerFunds funds from 2014 to 2019 | |||||
Interested Board Members/Nominees † † |
||||||||||||
Robert Fairbairn 1965 |
Director/ Trustee | 2025 for all Funds; from 2018 to present |
Vice Chairman of BlackRock, Inc. since 2019; Member of BlackRock’s Global Executive and Global Operating Committees; Co-Chair of BlackRock’s Human Capital Committee; Senior Managing Director of BlackRock, Inc. from 2010 to 2019; oversaw BlackRock’s Strategic Partner Program and Strategic Product Management Group from 2012 to 2019; Member of the Board of Managers of BlackRock Investments, LLC from 2011 to 2018; Global Head of BlackRock’s Retail and iShares® businesses from 2012 to 2016. |
|
96 RICs consisting of 268 Portfolios |
|
None |
Name, Address (1) and Year of Birth |
Position(s) Held with Funds |
Term of Office and Length of Time Served* |
Principal Occupation(s) During Past Five Years |
Number of BlackRock- Advised Registered Investment Companies (“RICs”) Consisting of Investment Portfolios (“Portfolios”) Overseen** |
Public Company and Other Investment Company Directorships Held During Past Five Years*** | |||||
John M. Perlowski (2)(5) 1964 |
Director/ Trustee, President and Chief Executive Officer | 2024 for HYT, DSU, CII, EGF, FRA and BMN; 2026 for all other Funds; Director/ Trustee from 2014 to present; President and Chief Executive Officer from 2011 to present | Managing Director of BlackRock, Inc. since 2009; Head of BlackRock Global Accounting and Product Services since 2009; Advisory Director of Family Resource Network (charitable foundation) since 2009. | 98 RICs consisting of 270 Portfolios |
None |
* | Date shown is the earliest date a person has served for the Funds covered by this Proxy Statement. Following the combination of Merrill Lynch Investment Managers, L.P. (“MLIM”) and BlackRock, Inc. in September 2006, the various legacy MLIM and legacy BlackRock fund boards were realigned and consolidated into three new fund boards in 2007. As a result, although the chart shows certain Independent Board Members as joining the Funds’ Boards in 2007, those Board Members first became members of the boards of other legacy MLIM or legacy BlackRock funds as follows: R. Glenn Hubbard, 2004; and W. Carl Kester, 1995. |
** | For purposes of this chart, “RICs” refers to investment companies registered under the 1940 Act and “Portfolios” refers to the investment programs of the BlackRock-advised funds. The BlackRock Fixed-Income Complex is comprised of 70 RICs consisting of 104 Portfolios. |
*** | Directorships disclosed under this column do not include directorships disclosed under the column “Principal Occupation(s) During Past Five Years.” |
† | Each Independent Board Member will serve until his or her successor is elected and qualifies, or until his or her earlier death, resignation, retirement or removal, or until December 31 of the year in which he or she turns 75. The maximum age limitation may be waived as to any Board Member by action of a majority of the Board upon a finding of good cause therefor. |
†† | Messrs. Fairbairn and Perlowski are both “interested persons,” as defined in the 1940 Act, of the Funds based on their positions with BlackRock, Inc. and its affiliates. Messrs. Fairbairn and Perlowski are also board members of the BlackRock Multi-Asset Complex. Interested Board Members serve until their resignation, removal or death, or until December 31 of the year in which they turn 72. The maximum age limitation may be waived as to any Board Member by action of a majority of the Board Members upon a finding of good cause therefor. |
(1) |
The address of each Board Member and Board Nominee is c/o BlackRock, Inc., 50 Hudson Yards, New York, NY 10001. |
(2) |
Class II Board Member and Board Nominee for HYT, DSU, CII, EGF, FRA and BMN. |
(3) |
Class II Board Member and Board Nominee for all Funds other than HYT, DSU, CII, EGF, FRA and BMN. |
(4) |
Preferred Shares Nominee. W. Carl Kester’s term as a Class I Board Member of the Preferred Funds is scheduled to expire in 2026; therefore, he is not standing for election this year as a Preferred Shares Nominee. |
(5) |
Ms. Egan, Dr. Kester, Ms. Lynch, Mr. Steinmetz and Mr. Perlowski are also trustees of the BlackRock Credit Strategies Fund and BlackRock Private Investments Fund. |
Board Members/Nominees |
Experience, Qualifications and Skills | |
R. Glenn Hubbard** |
R. Glenn Hubbard has served in numerous roles in the field of economics, including as the Chairman of the U.S. Council of Economic Advisers of the President of the United States. Dr. Hubbard has served as the Dean of Columbia Business School, as a member of the Columbia Faculty and as a Visiting Professor at the John F. Kennedy School of Government at Harvard University, the Harvard Business School and the University of Chicago. Dr. Hubbard’s experience as an adviser to the President of the United States adds a dimension of balance to the Funds’ governance and provides perspective on economic issues. Dr. Hubbard’s service on the boards of ADP and Metropolitan Life Insurance Company provides the Boards with the benefit of his experience with the management practices of other financial companies. Dr. Hubbard’s long-standing service on the boards of directors/trustees of the closed-end funds in the BlackRock Fixed-Income Complex also provides him with a specific understanding of the Funds, their operations, and the business and regulatory issues facing the Funds. Dr. Hubbard’s independence from the Funds and the Advisor enhances his service as Chair of the Boards, Chair of the Executive Committee and a member of the Governance Committee, the Compliance Committee and the Performance Oversight Committee. |
Board Members/Nominees |
Experience, Qualifications and Skills | |
W. Carl Kester** |
The Boards benefit from W. Carl Kester’s experiences as a professor and author in finance, and his experience as the George Fisher Baker Jr. Professor of Business Administration at Harvard Business School and as Deputy Dean of Academic Affairs at Harvard Business School from 2006 through 2010 adds to the Board a wealth of expertise in corporate finance and corporate governance. Dr. Kester has authored and edited numerous books and research papers on both subject matters, including co-editing a leading volume of finance case studies used worldwide. Dr. Kester’s long-standing service on the boards of directors/trustees of the closed-end funds in the BlackRock Fixed-Income Complex also provides him with a specific understanding of the Funds, their operations, and the business and regulatory issues facing the Funds. Dr. Kester’s independence from the Funds and the Advisor enhances his service as a Vice Chair of the Boards, Chair of the Governance Committee and a member of the Executive Committee, the Discount Committee, the Compliance Committee, the Performance Oversight Committee and the Securities Lending Committee. | |
Cynthia L. Egan |
Cynthia L. Egan brings to the Boards a broad and diverse knowledge of investment companies and the retirement industry as a result of her many years of experience as President, Retirement Plan Services, for T. Rowe Price Group, Inc. and her various senior operating officer positions at Fidelity Investments, including her service as Executive Vice President of FMR Co., President of Fidelity Institutional Services Company and President of the Fidelity Charitable Gift Fund. Ms. Egan has also served as an advisor to the U.S. Department of Treasury as an expert in domestic retirement security. Ms. Egan began her professional career at the Board of Governors of the Federal Reserve and the Federal Reserve Bank of New York. Ms. Egan is also a director of UNUM Corporation, a publicly traded insurance company providing personal risk reinsurance, and a director and Chair of the Board of The Hanover Group, a public property casualty insurance company. Ms. Egan is also the lead independent director and non-executive Vice Chair of the Board of Huntsman Corporation, a publicly traded manufacturer and marketer of chemical products. Ms.Egan’s independence from the Funds and the Advisor enhances her service as Chair of the Compliance Committee and a member of the Discount Committee, the Governance Committee, the Performance Oversight Committee and the Securities Lending Committee. | |
Lorenzo A. Flores |
The Boards benefit from Lorenzo A. Flores’s many years of business, leadership and financial experience in his roles at various public and private companies. In particular, Mr. Flores’s service as Chief Financial Officer of Intel Foundry, a semiconductor manufacturing unit of Intel Corporation, Chief Financial Officer and Corporate Controller of Xilinx, Inc., a technology and semiconductor company that supplies programmable logic devices, and Vice Chairman of Kioxia, Inc., a manufacturer and supplier of flash memory and solid state drives, and his long experience in the technology industry allow him to provide insight to into financial, business and technology trends. Mr. Flores’s knowledge of financial and accounting matters qualifies him to serve as a member of the Audit Committee. Mr. Flores’s independence from the Funds and the Advisor enhances his service as a member of the Performance Oversight Committee. |
Board Members/Nominees |
Experience, Qualifications and Skills | |
Stayce D. Harris |
The Boards benefit from Stayce D. Harris’s leadership and governance experience gained during her extensive military career, including as a three-star Lieutenant General of the United States Air Force. In her most recent role, Ms. Harris reported to the Secretary and Chief of Staff of the Air Force on matters concerning Air Force effectiveness, efficiency and the military discipline of active duty, Air Force Reserve and Air National Guard forces. Ms. Harris’s experience on governance matters includes oversight of inspection policy and the inspection and evaluation system for all Air Force nuclear and conventional forces; oversight of Air Force counterintelligence operations and service on the Air Force Intelligence Oversight Panel; investigation of fraud, waste and abuse; and oversight of criminal investigations and complaints resolution programs. Ms. Harris is also a director of The Boeing Company. Ms. Harris’s independence from the Funds and the Advisor enhances her service as a member of the Compliance Committee and the Performance Oversight Committee. | |
J. Phillip Holloman* |
The Boards benefit from J. Phillip Holloman’s many years of business and leadership experience as an executive, director and advisory board member of various public and private companies. In particular, Mr. Holloman’s service as President and Chief Operating Officer of Cintas Corporation and director of PulteGroup, Inc. and Rockwell Automation Inc. allows him to provide insight into business trends and conditions. Mr. Holloman’s knowledge of financial and accounting matters qualifies him to serve as a member of the Audit Committee. Mr. Holloman’s independence from the Funds and the Advisor enhances his service as a member of the Governance Committee and the Performance Oversight Committee. | |
Catherine A. Lynch* |
Catherine A. Lynch, who served as the Chief Executive Officer and Chief Investment Officer of the National Railroad Retirement Investment Trust, benefits the Boards by providing business leadership and experience and a diverse knowledge of pensions and endowments. Ms. Lynch is also a trustee of PennyMac Mortgage Investment Trust, a specialty finance company that invests primarily in mortgage-related assets. Ms. Lynch also holds the designation of Chartered Financial Analyst. Ms. Lynch’s knowledge of financial and accounting matters qualifies her to serve as Chair of the Audit Committee. Ms. Lynch’s independence from the Funds and the Advisor enhances her service as the Chair of the Discount Committee and the Chair of the Securities Lending Committee, and a member of the Governance Committee and the Performance Oversight Committee. |
Board Members/Nominees |
Experience, Qualifications and Skills | |
Arthur P. Steinmetz* |
The Boards benefits from Arthur P. Steinmetz’s many years of business and leadership experience as an executive, chairman and director of various companies in the financial industry. Mr. Steinmetz’s service as Chairman, Chief Executive Officer and President of the OppenheimerFunds, Inc. and as Trustee, President and Principal Executive Officer of certain OppenheimerFunds funds provides insight into the asset management industry. He has also served as a Director of ScotiaBank (U.S.). Mr. Steinmetz’s knowledge of financial and accounting matters qualifies him to serve as a member of the Audit Committee. Mr. Steinmetz’s independence from the Funds and the Advisor enhances his service as Chair of the Performance Oversight Committee and a member of the Discount Committee. | |
Robert Fairbairn |
Robert Fairbairn has more than 25 years of experience with BlackRock, Inc. and over 30 years of experience in finance and asset management. In particular, Mr. Fairbairn’s positions as Vice Chairman of BlackRock, Inc., Member of BlackRock’s Global Executive and Global Operating Committees and Co-Chair of BlackRock’s Human Capital Committee provide the Boards with a wealth of practical business knowledge and leadership. In addition, Mr. Fairbairn has global investment management and oversight experience through his former positions as Global Head of BlackRock’s Retail and iShares® businesses, Head of BlackRock’s Global Client Group, Chairman of BlackRock’s international businesses and his previous oversight over BlackRock’s Strategic Partner Program and Strategic Product Management Group. Mr. Fairbairn also serves as a board member for the funds in the BlackRock Multi-Asset Complex. | |
John M. Perlowski** |
John M. Perlowski’s experience as Managing Director of BlackRock, Inc. since 2009, as the Head of BlackRock Global Accounting and Product Services since 2009, and as President and Chief Executive Officer of the Funds provides him with a strong understanding of the Funds, their operations, and the business and regulatory issues facing the Funds. Mr. Perlowski’s prior position as Managing Director and Chief Operating Officer of the Global Product Group at Goldman Sachs Asset Management, and his former service as Treasurer and Senior Vice President of the Goldman Sachs Mutual Funds and as Director of the Goldman Sachs Offshore Funds provides the Boards with the benefit of his experience with the management practices of other financial companies. Mr. Perlowski also serves as a board member for the funds in the BlackRock Multi-Asset Complex. Mr. Perlowski’s experience with BlackRock enhances his service as a member of the Executive Committee. |
* | Class II Board Member and Board Nominee for all Funds other than HYT, DSU, CII, EGF, FRA and BMN. |
** | Class II Board Member and Board Nominee for HYT, DSU, CII, EGF, FRA and BMN. |
• | increases the independent oversight of the Funds and enhances the Boards’ objective evaluation of the Chief Executive Officer; |
• | allows the Chief Executive Officer to focus on the Funds’ operations instead of Board administration; |
• | provides greater opportunities for direct and independent communication between shareholders and the Boards; and |
• | provides independent spokespersons for the Funds. |
Ticker |
Fund |
Form of Organization |
Total Common Shares Outstanding |
Total VRDP Shares |
Total VMTP Shares |
Total RVMTP Shares |
Managed Assets ($)* | |||||||
BBN |
BlackRock Taxable Municipal Bond Trust |
Delaware Statutory Trust | N/A | N/A | N/A | 1,576,703,810 | ||||||||
BCX |
BlackRock Resources & Commodities Strategy Trust |
Delaware Statutory Trust | 84,363,295 | N/A | N/A | N/A | 921,219,122 | |||||||
BDJ |
BlackRock Enhanced Equity Dividend Trust |
Delaware Statutory Trust | N/A | N/A | N/A | 1,708,475,502 | ||||||||
BFK |
BlackRock Municipal Income Trust † |
Delaware Statutory Trust | N/A | 1,541 | N/A | 755,840,052 | ||||||||
BGR |
BlackRock Energy and Resources Trust |
Delaware Statutory Trust | 27,464,975 | N/A | N/A | N/A |
413,948,144 | |||||||
BGT |
BlackRock Floating Rate Income Trust |
Delaware Statutory Trust | N/A | N/A | N/A | 383,413,829 | ||||||||
BGY |
BlackRock Enhanced International Dividend Trust |
Delaware Statutory Trust | 100,271,847 | N/A | N/A | N/A | 636,380,698 | |||||||
BHK |
BlackRock Core Bond Trust |
Delaware Statutory Trust | N/A | N/A | N/A | 840,248,978 | ||||||||
BHV |
BlackRock Virginia Municipal Bond Trust † |
Delaware Statutory Trust | 1,588,241 | 116 | N/A | N/A | 31,192,274 | |||||||
BIT |
BlackRock Multi-Sector Income Trust |
Delaware Statutory Trust | N/A | N/A | N/A | 854,285,509 | ||||||||
BKN |
BlackRock Investment Quality Municipal Trust, Inc. † |
Maryland Corporation | N/A | 678 | N/A | 322,325,431 | ||||||||
BKT |
BlackRock Income Trust, Inc. |
Maryland Corporation | N/A | N/A | N/A | 355,348,934 | ||||||||
BLE |
BlackRock Municipal Income Trust II † |
Delaware Statutory Trust | N/A | 1,741 | N/A | 829,462,348 | ||||||||
BLW |
BlackRock Limited Duration Income Trust |
Delaware Statutory Trust | N/A | N/A | N/A | 779,114,509 | ||||||||
BME |
BlackRock Health Sciences Trust |
Delaware Statutory Trust | N/A | N/A | N/A | 603,500,486 | ||||||||
BMN |
BlackRock 2037 Municipal Target Term Trust |
Maryland Statutory Trust | 6,147,653 | N/A | N/A | N/A | 170,609,739 | |||||||
BOE |
BlackRock Enhanced Global Dividend Trust |
Delaware Statutory Trust | 61,525,804 | N/A | N/A | N/A | 741,265,793 | |||||||
BST |
BlackRock Science and Technology Trust |
Delaware Statutory Trust | N/A | N/A | N/A | 1,314,766,943 | ||||||||
BTA |
BlackRock Long-Term Municipal Advantage Trust † |
Delaware Statutory Trust | 13,439,892 | 760 | N/A | N/A | 221,303,864 | |||||||
BTT |
BlackRock Municipal 2030 Target Term Trust † |
Delaware Statutory Trust | N/A | N/A | 150 | 2,356,990,408 |
Ticker |
Fund |
Form of Organization |
Total Common Shares Outstanding |
Total VRDP Shares |
Total VMTP Shares |
Total RVMTP Shares |
Managed Assets ($)* | |||||||
BTZ |
BlackRock Credit Allocation Income Trust |
Delaware Statutory Trust | 93,324,457 | N/A | N/A | N/A | 1,633,656,991 | |||||||
BUI |
BlackRock Utilities, Infrastructure & Power Opportunities Trust |
Delaware Statutory Trust | N/A | N/A | N/A | 517,947,710 | ||||||||
BYM |
BlackRock Municipal Income Quality Trust † |
Delaware Statutory Trust | 25,903,340 | N/A | 976 | N/A | 481,758,496 | |||||||
CII |
BlackRock Enhanced Capital and Income Fund, Inc. |
Maryland Corporation | 44,146,919 | N/A | N/A | N/A | 935,090,931 | |||||||
DSU |
BlackRock Debt Strategies Fund, Inc. |
Maryland Corporation | N/A | N/A | N/A | 635,327,602 | ||||||||
EGF |
BlackRock Enhanced Government Fund, Inc. |
Maryland Corporation | 3,738,451 | N/A | N/A | N/A | 37,435,038 | |||||||
FRA |
BlackRock Floating Rate Income Strategies Fund, Inc. |
Maryland Corporation | 35,232,197 | N/A | N/A | N/A | 604,031,464 | |||||||
HYT |
BlackRock Corporate High Yield Fund, Inc. |
Maryland Corporation | N/A | N/A | N/A | 1,885,440,876 | ||||||||
MHD |
BlackRock MuniHoldings Fund, Inc. † |
Maryland Corporation | 52,141,616 | N/A | 2,140 | N/A | 1,013,544,150 | |||||||
MIY |
BlackRock MuniYield Michigan Quality Fund, Inc. † |
Maryland Corporation | 28,964,750 | 2,319 | N/A | N/A | 603,333,803 | |||||||
MQT |
BlackRock MuniYield Quality Fund II, Inc. † |
Maryland Corporation | 22,154,712 | N/A | 786 | N/A | 378,914,383 | |||||||
MQY |
BlackRock MuniYield Quality Fund, Inc. † |
Maryland Corporation | 71,833,617 | 4,503 | N/A | N/A | 1,444,354,057 | |||||||
MUA |
BlackRock MuniAssets Fund, Inc. † |
Maryland Corporation | 1,750 | N/A | N/A | 621,234,248 | ||||||||
MUC |
BlackRock MuniHoldings California Quality Fund, Inc. † |
Maryland Corporation | 94,183,923 | N/A | 5,264 | N/A | 1,839,183,081 | |||||||
MUE |
BlackRock MuniHoldings Quality Fund II, Inc. † |
Maryland Corporation | 21,918,068 | N/A | 780 | N/A | 361,418,109 | |||||||
MUJ |
BlackRock MuniHoldings New Jersey Quality Fund, Inc. † |
Maryland Corporation | 53,185,098 | 4,171 | N/A | N/A | 1,120,131,284 | |||||||
MVF |
BlackRock MuniVest Fund, Inc. † |
Maryland Corporation | 63,446,349 | N/A | 1,536 | N/A | 730,774,072 | |||||||
MVT |
BlackRock MuniVest Fund II, Inc. † |
Maryland Corporation | 20,861,423 | N/A | 777 | N/A | 368,497,435 | |||||||
MYD |
BlackRock MuniYield Fund, Inc. † |
Maryland Corporation | 45,733,511 | 2,514 | N/A | N/A | 848,468,066 | |||||||
MYI |
BlackRock MuniYield Quality Fund III, Inc. † |
Maryland Corporation | 66,467,251 | 3,564 | N/A | N/A | 1,301,917,408 |
† | Denotes a Preferred Fund. |
* | “Managed Assets” means the total assets of the Fund minus its accrued liabilities (other than aggregate indebtedness constituting financial leverage). |
Fund |
Fund’s Fiscal Year End (1) |
Cynthia L. Egan (2) |
Arthur P. Steinmetz (2) |
Lorenzo A. Flores (2) |
Stayce D. Harris (2) |
J. Phillip Holloman (2) |
R. Glenn Hubbard (2) |
W. Carl Kester (2) |
Catherine A. Lynch (2) |
Frank J. Fabozzi (2)(4) |
Fund Total |
|||||||||||||||||||||||||||||||
BBN |
31-Dec |
$ | 7,227 | $ | 1,761 | $ | 6,335 | $ | 6,732 | $ | 6,787 | $ | 7,782 | $ | 8,024 | $ | 7,658 | $ | 7,066 | $ | 59,374 | |||||||||||||||||||||
BCX |
31-Dec |
$ | 6,400 | $ | 1,510 | $ | 5,495 | $ | 5,426 | $ | 5,843 | $ | 7,165 | $ | 7,130 | $ | 6,469 | $ | 6,017 | $ | 51,456 | |||||||||||||||||||||
BDJ |
31-Dec |
$ | 11,068 | $ | 2,621 | $ | 9,485 | $ | 9,363 | $ | 10,094 | $ | 12,409 | $ | 13,248 | $ | 11,191 | $ | 10,399 | $ | 89,878 | |||||||||||||||||||||
BFK |
31-Jul |
$ | 3,571 | N/A | $ | 3,079 | $ | 3,041 | $ | 3,283 | $ | 3,988 | $ | 3,969 | $ | 3,624 | $ | 3,363 | $ | 27,916 | ||||||||||||||||||||||
BGR |
31-Dec |
$ | 2,758 | $ | 687 | $ | 2,383 | $ | 2,354 | $ | 2,527 | $ | 3,075 | $ | 3,061 | $ | 2,787 | $ | 2,599 | $ | 22,232 | |||||||||||||||||||||
BGT |
31-Dec |
$ | 2,040 | $ | 500 | $ | 1,770 | $ | 1,749 | $ | 1,874 | $ | 2,269 | $ | 2,258 | $ | 2,061 | $ | 1,926 | $ | 16,447 | |||||||||||||||||||||
BGY |
31-Dec |
$ | 4,228 | $ | 1,019 | $ | 3,626 | $ | 3,581 | $ | 3,851 | $ | 4,708 | $ | 4,686 | $ | 4,257 | $ | 3,964 | $ | 33,920 | |||||||||||||||||||||
BHK |
31-Dec |
$ | 4,076 | $ | 964 | $ | 3,510 | $ | 3,466 | $ | 3,728 | $ | 4,556 | $ | 4,534 | $ | 4,120 | $ | 3,837 | $ | 32,789 | |||||||||||||||||||||
BHV |
31-Jul |
$ | 187 | N/A | $ | 188 | $ | 188 | $ | 188 | $ | 188 | $ | 188 | $ | 188 | $ | 188 | $ | 1,500 | ||||||||||||||||||||||
BIT |
31-Dec |
$ | 617 | $ | 608 | $ | 532 | $ | 525 | $ | 564 | $ | 689 | $ | 686 | $ | 624 | $ | 581 | $ | 5,427 | |||||||||||||||||||||
BKN |
31-Jul |
$ | 1,688 | N/A | $ | 1,470 | $ | 1,453 | $ | 1,560 | $ | 1,873 | $ | 1,864 | $ | 1,711 | $ | 1,596 | $ | 13,215 | ||||||||||||||||||||||
BKT |
31-Dec |
$ | 2,002 | $ | 465 | $ | 1,738 | $ | 1,717 | $ | 1,839 | $ | 2,226 | $ | 2,216 | $ | 2,023 | $ | 1,890 | $ | 16,117 | |||||||||||||||||||||
BLE |
31-Jul |
$ | 3,988 | N/A | $ | 3,435 | $ | 3,393 | $ | 3,665 | $ | 4,457 | $ | 4,435 | $ | 4,048 | $ | 3,755 | $ | 31,177 | ||||||||||||||||||||||
BLW |
31-Dec |
$ | 3,387 | $ | 827 | $ | 2,921 | $ | 2,885 | $ | 3,100 | $ | 3,781 | $ | 3,764 | $ | 3,423 | $ | 3,190 | $ | 27,277 | |||||||||||||||||||||
BME |
31-Dec |
$ | 4,046 | $ | 982 | $ | 3,484 | $ | 3,441 | $ | 3,700 | $ | 4,522 | $ | 4,500 | $ | 4,090 | $ | 3,809 | $ | 32,574 | |||||||||||||||||||||
BMN |
31-Dec |
$ | 1,158 | $ | 291 | $ | 1,035 | $ | 1,093 | $ | 1,098 | $ | 1,233 | $ | 1,268 | $ | 1,220 | $ | 1,137 | $ | 9,534 | |||||||||||||||||||||
BOE |
31-Dec |
$ | 4,836 | $ | 1,176 | $ | 4,159 | $ | 4,107 | $ | 4,419 | $ | 5,409 | $ | 5,383 | $ | 4,888 | $ | 4,550 | $ | 38,926 | |||||||||||||||||||||
BST |
31-Dec |
$ | 7,309 | $ | 1,882 | $ | 6,273 | $ | 6,193 | $ | 6,672 | $ | 8,187 | $ | 8,147 | $ | 7,389 | $ | 6,871 | $ | 58,923 | |||||||||||||||||||||
BTA |
31-Jul |
$ | 1,103 | N/A | $ | 970 | $ | 960 | $ | 1,025 | $ | 1,216 | $ | 1,211 | $ | 1,118 | $ | 1,047 | $ | 8,650 | ||||||||||||||||||||||
BTT |
31-Jul |
$ | 10,939 | N/A | $ | 9,374 | $ | 9,254 | $ | 10,022 | $ | 12,263 | $ | 12,203 | $ | 11,105 | $ | 10,277 | $ | 85,438 | ||||||||||||||||||||||
BTZ |
31-Dec |
$ | 7,114 | $ | 1,706 | $ | 6,105 | $ | 6,028 | $ | 6,493 | $ | 7,967 | $ | 7,928 | $ | 7,191 | $ | 6,687 | $ | 57,220 | |||||||||||||||||||||
BUI |
31-Dec |
$ | 3,470 | $ | 825 | $ | 2,991 | $ | 2,955 | $ | 3,175 | $ | 3,874 | $ | 3,856 | $ | 3,506 | $ | 3,267 | $ | 27,920 | |||||||||||||||||||||
BYM |
31-Jul |
$ | 2,378 | N/A | $ | 2,060 | $ | 2,035 | $ | 2,192 | $ | 2,648 | $ | 2,636 | $ | 2,413 | $ | 2,244 | $ | 18,606 | ||||||||||||||||||||||
CII |
31-Dec |
$ | 5,640 | $ | 1,398 | $ | 4,846 | $ | 4,785 | $ | 5,152 | $ | 6,312 | $ | 6,282 | $ | 5,701 | $ | 5,304 | $ | 45,421 | |||||||||||||||||||||
DSU |
31-Dec |
$ | 3,443 | $ | 846 | $ | 2,969 | $ | 2,932 | $ | 3,151 | $ | 3,845 | $ | 3,826 | $ | 3,480 | $ | 3,243 | $ | 27,736 | |||||||||||||||||||||
EGF |
31-Dec |
$ | 182 | $ | 42 | $ | 182 | $ | 182 | $ | 182 | $ | 182 | $ | 182 | $ | 182 | $ | 182 | $ | 1,500 | |||||||||||||||||||||
FRA |
31-Dec |
$ | 3,202 | $ | 787 | $ | 2,763 | $ | 2,729 | $ | 2,932 | $ | 3,574 | $ | 3,557 | $ | 3,236 | $ | 3,016 | $ | 25,794 | |||||||||||||||||||||
HYT |
31-Dec |
$ | 8,983 | $ | 2,188 | $ | 7,703 | $ | 7,604 | $ | 8,195 | $ | 10,066 | $ | 10,017 | $ | 9,081 | $ | 8,441 | $ | 72,278 | |||||||||||||||||||||
MHD |
31-Jul |
$ | 4,890 | N/A | $ | 4,206 | $ | 4,153 | $ | 4,490 | $ | 5,469 | $ | 5,443 | $ | 4,964 | $ | 4,600 | $ | 38,214 | ||||||||||||||||||||||
MIY |
31-Jul |
$ | 2,647 | N/A | $ | 2,290 | $ | 2,262 | $ | 2,438 | $ | 2,950 | $ | 2,937 | $ | 2,686 | $ | 2,496 | $ | 20,707 | ||||||||||||||||||||||
MQT |
31-Jul |
$ | 1,903 | N/A | $ | 1,653 | $ | 1,634 | $ | 1,757 | $ | 2,114 | $ | 2,104 | $ | 1,929 | $ | 1,797 | $ | 14,891 | ||||||||||||||||||||||
MQY |
31-Jul |
$ | 6,464 | N/A | $ | 5,551 | $ | 5,480 | $ | 5,930 | $ | 7,237 | $ | 7,202 | $ | 6,562 | $ | 6,077 | $ | 50,502 | ||||||||||||||||||||||
MUA |
31-Jul |
$ | 3,121 | N/A | $ | 2,694 | $ | 2,661 | $ | 2,872 | $ | 3,483 | $ | 3,466 | $ | 3,167 | $ | 2,941 | $ | 24,405 | ||||||||||||||||||||||
MUC |
31-Jul |
$ | 8,200 | N/A | $ | 7,034 | $ | 6,944 | $ | 7,518 | $ | 9,187 | $ | 9,142 | $ | 8,325 | $ | 7,707 | $ | 64,058 | ||||||||||||||||||||||
MUE |
31-Jul |
$ | 1,869 | N/A | $ | 1,624 | $ | 1,605 | $ | 1,726 | $ | 2,076 | $ | 2,067 | $ | 1,895 | $ | 1,765 | $ | 14,627 | ||||||||||||||||||||||
MUJ |
31-Jul |
$ | 4,767 | N/A | $ | 4,101 | $ | 4,050 | $ | 4,377 | $ | 5,331 | $ | 5,306 | $ | 4,839 | $ | 4,485 | $ | 37,256 | ||||||||||||||||||||||
MVF |
31-Jul |
$ | 3,515 | N/A | $ | 3,031 | $ | 2,994 | $ | 3,232 | $ | 3,925 | $ | 3,906 | $ | 3,567 | $ | 3,310 | $ | 27,482 | ||||||||||||||||||||||
MVT |
31-Jul |
$ | 1,885 | N/A | $ | 1,638 | $ | 1,619 | $ | 1,741 | $ | 2,094 | $ | 2,085 | $ | 1,912 | $ | 1,780 | $ | 14,753 | ||||||||||||||||||||||
MYD |
31-Jul |
$ | 3,865 | N/A | $ | 3,330 | $ | 3,288 | $ | 3,552 | $ | 4,318 | $ | 4,297 | $ | 3,922 | $ | 3,638 | $ | 30,209 |
Fund |
Fund’s Fiscal Year End (1) |
Cynthia L. Egan (2) |
Arthur P. Steinmetz (2) |
Lorenzo A. Flores (2) |
Stayce D. Harris (2) |
J. Phillip Holloman (2) |
R. Glenn Hubbard (2) |
W. Carl Kester (2) |
Catherine A. Lynch (2) |
Frank J. Fabozzi (2)(4) |
Fund Total |
|||||||||||||||||||||||||||||||
MYI |
31-Jul |
$ | 5,697 | N/A | $ | 4,895 | $ | 4,834 | $ | 5,228 | $ | 6,376 | $ | 6,345 | $ | 5,783 | $ | 5,358 | $ | 44,516 | ||||||||||||||||||||||
Total Compensation from All BlackRock advised Funds (3) |
$ | 465,000 | $ | 85,914 | $ | 400,000 | $ | 395,000 | $ | 425,000 | $ | 520,000 | $ | 587,500 | $ | 530,000 | $ | 497,500 | $ | 3,905,914 |
(1) |
Information is for the Fund’s most recent fiscal year. BlackRock Multi-Sector Income Trust (BIT) changed its fiscal year end from October 31 to December 31 effective December 31, 2023. Accordingly, this Fund’s most recent fiscal year consists of the two months ended December 31, 2023. |
(2) |
Total amount of deferred compensation payable by the BlackRock Fixed-Income Complex to Dr. Fabozzi, Mr. Flores, Ms. Harris, Mr. Holloman, Dr. Hubbard, Dr. Kester and Ms. Lynch is $1,311,764, $480,389, $476,463, $505,309, $4,221,192, $1,873,945 and $542,749, respectively, as of December 31, 2023. Ms. Egan and Mr. Steinmetz did not participate in the deferred compensation plan as of December 31, 2023. |
(3) |
Represents the aggregate compensation earned by such persons from the BlackRock-advised funds during the calendar year ended December 31, 2023. Of this amount, Dr. Fabozzi, Mr. Flores, Ms. Harris, Mr. Holloman, Dr. Hubbard, Dr. Kester and Ms. Lynch deferred $0, $200,000, $197,500, $212,500, $260,000, $44,063 and $68,900, respectively, pursuant to the BlackRock Fixed-Income Complex’s deferred compensation plan. |
(4) |
Dr. Fabozzi retired as a Board Member of the Funds, a member of the Audit Committee and Chair of the Performance Oversight Committee effective December 31, 2023. |
(5) |
Mr. Steinmetz was appointed as a Board Member of the Funds effective September 9, 2023, appointed as a member and Chair of the Performance Oversight Committee effective January 1, 2024 and January 19, 2024, respectively, and appointed as a member of the Audit Committee effective January 19, 2024. |
Name of Board Member and Board Nominee |
Fund Name |
Number of Common Shares |
Aggregate Dollar Range of Common Shares in Each Fund |
Aggregate Dollar Range of Common Shares in All Funds Overseen or To Be Overseen by the Board Member/ Nominee in Family of Investment Companies |
Number of Share Equivalents (1) |
Aggregate Dollar Range of Share Equivalents in Each Fund |
Aggregate Dollar Range of Common Shares and Share Equivalents in Family of Investment Companies |
|||||||||||||||
Interested Board Members, including the Board Nominee: |
||||||||||||||||||||||
Robert Fairbairn |
N/A | N/A | N/A | Over $100,000 | N/A | N/A | Over $100,000 | |||||||||||||||
John M. Perlowski |
BlackRock Debt Strategies Fund, Inc. | 5,648.5234 | $50,001 - $100,000 |
Over $100,000 | N/A | N/A | Over $100,000 | |||||||||||||||
BlackRock Floating Rate Income Strategies Fund, Inc. | 2,311.3056 | $10,001 - $50,000 |
N/A | N/A | ||||||||||||||||||
Independent Board Members, including the Board Nominees: |
||||||||||||||||||||||
Cynthia L. Egan |
BlackRock Enhanced Equity Dividend Trust | 10,870.00 | $50,001 - $100,000 |
Over $100,000 | N/A | N/A | Over $100,000 | |||||||||||||||
BlackRock Enhanced International Dividend Trust | 55,300.00 | $50,001 - $100,000 |
N/A | N/A | ||||||||||||||||||
BlackRock Health Sciences Trust | 3,737.00 | Over $100,000 | N/A | N/A | ||||||||||||||||||
BlackRock Debt Strategies Fund, Inc. | 8,750.00 | $50,001 - $100,000 |
N/A | N/A | ||||||||||||||||||
BlackRock Corporate High Yield Fund, Inc. | 13,550.00 | Over $100,000 | N/A | N/A | ||||||||||||||||||
Lorenzo A. Flores |
BlackRock Enhanced Equity Dividend Trust | N/A | N/A | N/A | 6,489.14 | |
$50,001 - $100,000 |
|
Over $100,000 | |||||||||||||
BlackRock Limited Duration Income Trust | N/A | N/A | 7,151.48 | Over $100,000 | ||||||||||||||||||
BlackRock Credit Allocation Income Trust | N/A | N/A | 8,716.67 | |
$50,001 - $100,000 |
|
||||||||||||||||
BlackRock Enhanced Capital and Income Fund | N/A | N/A | 3,067.31 | |
$50,001 - $100,000 |
|
Name of Board Member and Board Nominee |
Fund Name |
Number of Common Shares |
Aggregate Dollar Range of Common Shares in Each Fund |
Aggregate Dollar Range of Common Shares in All Funds Overseen or To Be Overseen by the Board Member/ Nominee in Family of Investment Companies |
Number of Share Equivalents (1) |
Aggregate Dollar Range of Share Equivalents in Each Fund |
Aggregate Dollar Range of Common Shares and Share Equivalents in Family of Investment Companies | |||||||
Stayce D. Harris |
BlackRock Enhanced Equity Dividend Trust | N/A | N/A | $10,001 - $50,000 |
6,403.65 | $50,001 - $100,000 |
Over $100,000 | |||||||
BlackRock Limited Duration Income Trust | N/A | N/A | 7,057.39 | $50,001 - $100,000 |
||||||||||
BlackRock Credit Allocation Income Trust | N/A | N/A | 8,595.65 | $50,001 - $100,000 |
||||||||||
BlackRock Enhanced Capital and Income Fund | N/A | N/A | 3,028.64 | $50,001 - $100,000 |
||||||||||
J. Phillip Holloman |
BlackRock Enhanced Equity Dividend Trust | N/A | N/A | N/A | 6,796.72 | $50,001 - $100,000 |
Over $100,000 | |||||||
BlackRock Limited Duration Income Trust | N/A | N/A | 7,497.01 | Over $100,000 | ||||||||||
BlackRock Credit Allocation Income Trust | N/A | N/A | 9,142.77 | $50,001 - $100,000 |
||||||||||
BlackRock Enhanced Capital and Income Fund | N/A | N/A | 3,215.27 | $50,001 - $100,000 |
||||||||||
R. Glenn Hubbard |
BlackRock Resources & Commodities Strategy Trust | 303.90820 | $1 - $10,000 |
Over $100,000 | N/A | N/A | Over $100,000 | |||||||
BlackRock Enhanced Equity Dividend Trust | 2,340.96741 | $10,001 - $50,000 |
75,426.50 | Over $100,000 | ||||||||||
BlackRock Municipal Income Trust | 312.72100 | $1 - $10,000 |
N/A | N/A | ||||||||||
BlackRock Energy and Resources Trust | 823.93500 | $10,001 - $50,000 |
23,196.06 | Over $100,000 | ||||||||||
BlackRock Floating Rate Income Trust | 428.96700 | $1 - $10,000 |
36,203.68 | Over $100,000 | ||||||||||
BlackRock Enhanced International Dividend Trust | 500.778 | $1 - $10,000 |
62,274.65 | Over $100,000 |
Name of Board Member and Board Nominee |
Fund Name |
Number of Common Shares |
Aggregate Dollar Range of Common Shares in Each Fund |
Aggregate Dollar Range of Common Shares in All Funds Overseen or To Be Overseen by the Board Member/ Nominee in Family of Investment Companies |
Number of Share Equivalents (1) |
Aggregate Dollar Range of Share Equivalents in Each Fund |
Aggregate Dollar Range of Common Shares and Share Equivalents in Family of Investment Companies | |||||||
BlackRock Core Bond Trust | 663.23826 | $1 - $10,000 |
N/A | N/A | ||||||||||
BlackRock Investment Quality Municipal Trust, Inc. | 310.25900 | $1 - $10,000 |
N/A | N/A | ||||||||||
BlackRock Income Trust, Inc. | 110.47833 | $1 - $10,000 |
N/A | N/A | ||||||||||
BlackRock Municipal Income Trust II | 614.25702 | $1 - $10,000 |
N/A | N/A | ||||||||||
BlackRock Limited Duration Income Trust | 449.38200 | $1 - $10,000 |
51,781.30 | Over $100,000 | ||||||||||
BlackRock Health Sciences Trust | 449.47200 | $10,001 - $50,000 |
4,066.00 | Over $100,000 | ||||||||||
BlackRock Enhanced Global Dividend Trust | 1,324.15382 | $10,001 - $50,000 |
N/A | N/A | ||||||||||
BlackRock Long-Term Municipal Advantage Trust | 275.34500 | $1 - $10,000 |
N/A | N/A | ||||||||||
BlackRock Credit Allocation Income Trust | 818.81328 | $1 - $10,000 |
56,646.25 | Over $100,000 | ||||||||||
BlackRock Municipal Income Quality Trust | 284.32800 | $1 - $10,000 |
N/A | N/A | ||||||||||
BlackRock Enhanced Capital and Income Fund | N/A | N/A | 8,623.57 | Over $100,000 | ||||||||||
BlackRock Debt Strategies Fund, Inc. | 491.53553 | $1 - $10,000 |
N/A | N/A | ||||||||||
BlackRock Corporate High Yield Fund, Inc. | 406.51772 | $1 - $10,000 |
55,373.87 | Over $100,000 | ||||||||||
BlackRock MuniHoldings Fund, Inc. | 306.47708 | $1 - $10,000 |
N/A | N/A |
Name of Board Member and Board Nominee |
Fund Name |
Number of Common Shares |
Aggregate Dollar Range of Common Shares in Each Fund |
Aggregate Dollar Range of Common Shares in All Funds Overseen or To Be Overseen by the Board Member/ Nominee in Family of Investment Companies |
Number of Share Equivalents (1) |
Aggregate Dollar Range of Share Equivalents in Each Fund |
Aggregate Dollar Range of Common Shares and Share Equivalents in Family of Investment Companies | |||||||
W. Carl Kester |
BlackRock Taxable Municipal Bond Trust | 100 | $1 - $10,000 |
Over $100,000 | N/A | N/A | Over $100,000 | |||||||
BlackRock Resources & Commodities Strategy Trust | 648 | $1 - $10,000 |
N/A | N/A | ||||||||||
BlackRock Enhanced Equity Dividend Trust | 425 | $1 - $10,000 |
37,549.22 | Over $100,000 | ||||||||||
BlackRock Energy and Resources Trust | N/A | N/A | 12,640.51 | Over $100,000 |
||||||||||
BlackRock Floating Rate Income Trust | N/A | N/A | 18,835.44 | Over $100,000 |
||||||||||
BlackRock Enhanced International Dividend Trust | N/A | N/A | 34,005.89 | Over $100,000 | ||||||||||
BlackRock Core Bond Trust | 1,078 | $10,001 - $50,000 |
N/A | N/A | ||||||||||
BlackRock Income Trust, Inc. | 1,000 | $10,001 - $50,000 |
N/A | N/A | ||||||||||
BlackRock Limited Duration Income Trust | N/A | N/A | 21,533.58 | Over $100,000 | ||||||||||
BlackRock Health Sciences Trust | 100 | $1 - $10,000 |
1,855.98 | $50,001 - $100,000 |
||||||||||
BlackRock Enhanced Global Dividend Trust | 751 | $1 - $10,000 |
N/A | N/A | ||||||||||
BlackRock Science and Technology Trust | 133 | $1 - $10,000 |
N/A | N/A | ||||||||||
BlackRock Long-Term Municipal Advantage Trust | 100 | $1 - $10,000 |
N/A | N/A | ||||||||||
BlackRock Municipal 2030 Target Term Trust | 100 | $1 - $10,000 |
N/A | N/A | ||||||||||
BlackRock Credit Allocation Income Trust | 239 | $1 - $10,000 |
24,868.15 | Over $100,000 |
Name of Board Member and Board Nominee |
Fund Name |
Number of Common Shares |
Aggregate Dollar Range of Common Shares in Each Fund |
Aggregate Dollar Range of Common Shares in All Funds Overseen or To Be Overseen by the Board Member/ Nominee in Family of Investment Companies |
Number of Share Equivalents (1) |
Aggregate Dollar Range of Share Equivalents in Each Fund |
Aggregate Dollar Range of Common Shares and Share Equivalents in Family of Investment Companies | |||||||
BlackRock Enhanced Capital and Income Fund, Inc. | 1,808 | $10,001 - $50,000 |
1,998.36 | $10,001 - $50,000 |
||||||||||
BlackRock Debt Strategies Fund, Inc. | 832 | $1 - $10,000 |
N/A | N/A | ||||||||||
BlackRock Enhanced Government Fund, Inc. | 1,000 | $1 - $10,000 |
N/A | N/A | ||||||||||
BlackRock Floating Rate Income Strategies Fund, Inc. | 263 | $1 - $10,000 |
N/A | N/A | ||||||||||
BlackRock Corporate High Yield Fund, Inc. | 440 | $1 - $10,000 |
28,438.51 | Over $100,000 | ||||||||||
BlackRock MuniHoldings Fund, Inc. | 170 | $1 - $10,000 |
N/A | N/A | ||||||||||
BlackRock MuniYield Quality Fund, Inc. | 831 | $10,001 - $50,000 |
N/A | N/A | ||||||||||
BlackRock MuniAssets Fund, Inc. | 100 | $1 - $10,000 |
N/A | N/A | ||||||||||
BlackRock MuniHoldings Quality Fund II, Inc. | 100 | $1 - $10,000 |
N/A | N/A | ||||||||||
Catherine A. Lynch |
BlackRock Enhanced Equity Dividend Trust | N/A | N/A | Over $100,000 | 7,858.66 | $50,001 - $100,000 |
Over $100,000 | |||||||
BlackRock Energy and Resources Trust | N/A | N/A | 1,724.49 | $10,001 - $50,000 |
||||||||||
BlackRock Floating Rate Income Trust | N/A | N/A | 1,871.18 | $10,001 - $50,000 |
||||||||||
BlackRock Enhanced International Dividend Trust | N/A | N/A | 4,170.49 | $10,001 - $50,000 |
||||||||||
BlackRock Virginia Municipal Bond Trust | 3,631.3810 | $10,001 - $50,000 |
N/A | N/A |
Name of Board Member and Board Nominee |
Fund Name |
Number of Common Shares |
Aggregate Dollar Range of Common Shares in Each Fund |
Aggregate Dollar Range of Common Shares in All Funds Overseen or To Be Overseen by the Board Member/ Nominee in Family of Investment Companies |
Number of Share Equivalents (1) |
Aggregate Dollar Range of Share Equivalents in Each Fund |
Aggregate Dollar Range of Common Shares and Share Equivalents in Family of Investment Companies | |||||||
BlackRock Investment Quality Municipal Trust, Inc. | 1,802.4984 | $10,001 - $50,000 |
N/A | N/A | ||||||||||
BlackRock Limited Duration Income Trust | N/A | N/A | 6,676.97 | $50,001 - $100,000 |
||||||||||
BlackRock Health Sciences Trust | N/A | N/A | 655.53 | $10,001 - $50,000 |
||||||||||
BlackRock Credit Allocation Income Trust | N/A | N/A | 7,624.73 | $50,001 - $100,000 |
||||||||||
BlackRock Enhanced Capital and Income Fund | N/A | N/A | 2,491.82 | $10,001 - $50,000 |
||||||||||
BlackRock Debt Strategies Fund, Inc. | 7,315.4199 | $50,001 - $100,000 |
N/A | N/A | ||||||||||
BlackRock Corporate High Yield Fund, Inc. | 9,947.2097 | $50,001 - $100,000 |
2,406.89 | $10,001 - $50,000 |
||||||||||
BlackRock MuniAssets Fund, Inc. | 947.8954 | $10,001 - $50,000 |
N/A | N/A | ||||||||||
Arthur P. Steinmetz |
BlackRock Enhanced Equity Dividend Trust | N/A | N/A | N/A | 755.17 | $1 - $10,000 |
$50,001 - $100,000 | |||||||
BlackRock Limited Duration Income Trust | N/A | N/A | 743.76 | $10,001 - $50,000 |
||||||||||
BlackRock Credit Allocation Income Trust | N/A | N/A | 991.93 | $10,001 - $50,000 |
||||||||||
BlackRock Enhanced Capital and Income Fund | N/A | N/A | 317.07 | $1 - $10,000 |
(1) |
Represents, as of March 31, 2024, the approximate number of share equivalents owned under the deferred compensation plan in the funds in the BlackRock Fixed-Income Complex by certain Independent Board Members who have participated in the deferred compensation plan. Under the deferred compensation plan, BlackRock Corporate High Yield Fund, Inc. (HYT), BlackRock Credit Allocation Income Trust (BTZ), BlackRock Energy and Resources Trust (BGR), BlackRock Enhanced Capital and Income Fund, Inc. (CII), BlackRock Enhanced Equity Dividend Trust (BDJ), BlackRock Enhanced International Dividend Trust (BGY), BlackRock Floating Rate Income Trust (BGT), BlackRock Health Sciences Trust (BME) and BlackRock Limited Duration Income Trust (BLW), along with certain open-end investment companies in the BlackRock Fixed-Income Complex, are eligible investments. As of March 31, 2024, Ms. Egan did not participate in the deferred compensation plan. |
Fund Name |
Ticker |
Fiscal Year End (1) |
Number of Board Meetings |
|||||||||
BlackRock Taxable Municipal Bond Trust |
BBN | 31-Dec |
9 | |||||||||
BlackRock Resources & Commodities Trust |
BCX | 31-Dec |
9 | |||||||||
BlackRock Enhanced Equity Dividend Trust |
BDJ | 31-Dec |
9 | |||||||||
BlackRock Municipal Income Trust |
BFK | 31-Jul |
7 | |||||||||
BlackRock Energy and Resources Trust |
BGR | 31-Dec |
9 | |||||||||
BlackRock Floating Rate Income Trust |
BGT | 31-Dec |
9 | |||||||||
BlackRock Enhanced International Dividend Trust |
BGY | 31-Dec |
9 | |||||||||
BlackRock Core Bond Trust |
BHK | 31-Dec |
9 | |||||||||
BlackRock Virginia Municipal Bond Trust |
BHV | 31-Jul |
7 | |||||||||
BlackRock Multi-Sector Income Trust |
BIT | 31-Dec |
2 | |||||||||
BlackRock Investment Quality Municipal Trust, Inc. |
BKN | 31-Jul |
7 | |||||||||
BlackRock Income Trust, Inc. |
BKT | 31-Dec |
9 | |||||||||
BlackRock Municipal Income Trust II |
BLE | 31-Jul |
7 | |||||||||
BlackRock Limited Duration Income Trust |
BLW | 31-Dec |
9 | |||||||||
BlackRock Health Sciences Trust |
BME | 31-Dec |
9 | |||||||||
BlackRock 2037 Municipal Target Term Trust |
BMN | 31-Dec |
9 | |||||||||
BlackRock Enhanced Global Dividend Trust |
BOE | 31-Dec |
9 | |||||||||
BlackRock Science and Technology Trust |
BST | 31-Dec |
9 | |||||||||
BlackRock Long-Term Municipal Advantage Trust |
BTA | 31-Jul |
7 | |||||||||
BlackRock Municipal 2030 Target Term Trust |
BTT | 31-Jul |
7 | |||||||||
BlackRock Credit Allocation Income Trust |
BTZ | 31-Dec |
9 | |||||||||
BlackRock Utilities, Infrastructure & Power Opportunities Trust |
BUI | 31-Dec |
9 | |||||||||
BlackRock Municipal Income Quality Trust |
BYM | 31-Jul |
7 | |||||||||
BlackRock Enhanced Capital and Income Fund, Inc. |
CII | 31-Dec |
9 | |||||||||
BlackRock Debt Strategies Fund, Inc. |
DSU | 31-Dec |
9 | |||||||||
BlackRock Enhanced Government Fund, Inc. |
EGF | 31-Dec |
9 | |||||||||
BlackRock Floating Rate Income Strategies Fund, Inc. |
FRA | 31-Dec |
9 | |||||||||
BlackRock Corporate High Yield Fund, Inc. |
HYT | 31-Dec |
9 | |||||||||
BlackRock MuniHoldings Fund, Inc. |
MHD | 31-Jul |
7 | |||||||||
BlackRock MuniYield Michigan Quality Fund, Inc. |
MIY | 31-Jul |
7 | |||||||||
BlackRock MuniYield Quality Fund II, Inc. |
MQT | 31-Jul |
7 | |||||||||
BlackRock MuniYield Quality Fund, Inc. |
MQY | 31-Jul |
7 | |||||||||
BlackRock MuniAssets Fund, Inc. |
MUA | 31-Jul |
7 | |||||||||
BlackRock MuniHoldings California Quality Fund, Inc. |
MUC | 31-Jul |
7 | |||||||||
BlackRock MuniHoldings Quality Fund II, Inc. |
MUE | 31-Jul |
7 | |||||||||
BlackRock MuniHoldings New Jersey Quality Fund, Inc. |
MUJ | 31-Jul |
7 | |||||||||
BlackRock MuniVest Fund, Inc. |
MVF | 31-Jul |
7 | |||||||||
BlackRock MuniVest Fund II, Inc. |
MVT | 31-Jul |
7 | |||||||||
BlackRock MuniYield Fund, Inc. |
MYD | 31-Jul |
7 | |||||||||
BlackRock MuniYield Quality Fund III, Inc. |
MYI | 31-Jul |
7 |
(1) |
Information is for the Fund’s most recent fiscal year. BlackRock Multi-Sector Income Trust (BIT) changed its fiscal year end from October 31 to December 31 effective December 31, 2023. Accordingly, this Fund’s most recent fiscal year consists of the two months ended December 31, 2023. |
Ticker |
Fiscal Year End (1) |
Number of Audit Committee Meetings |
Number of Governance Committee Meetings |
Number of Compliance Committee Meetings |
Number of Performance Oversight Committee Meetings |
Number of Discount Committee Meetings |
Number of Securities Lending Committee Meetings |
Number of Executive Committee Meetings |
||||||||||||||||||||||||
BBN |
31-Dec |
9 | 7 | 4 | 4 | 4 | 2 | 0 | ||||||||||||||||||||||||
BCX |
31-Dec |
9 | 7 | 4 | 4 | 4 | 2 | 0 | ||||||||||||||||||||||||
BDJ |
31-Dec |
9 | 7 | 4 | 4 | 4 | 2 | 0 | ||||||||||||||||||||||||
BFK |
31-Jul |
9 | 6 | 4 | 4 | 1 | 2 | 0 | ||||||||||||||||||||||||
BGR |
31-Dec |
9 | 7 | 4 | 4 | 4 | 2 | 0 | ||||||||||||||||||||||||
BGT |
31-Dec |
9 | 7 | 4 | 4 | 4 | 2 | 0 | ||||||||||||||||||||||||
BGY |
31-Dec |
9 | 7 | 4 | 4 | 4 | 2 | 0 | ||||||||||||||||||||||||
BHK |
31-Dec |
9 | 7 | 4 | 4 | 4 | 2 | 0 | ||||||||||||||||||||||||
BHV |
31-Jul |
9 | 6 | 4 | 4 | 1 | 2 | 0 | ||||||||||||||||||||||||
BIT |
31-Dec |
2 | 2 | 1 | 1 | 1 | 0 | 0 | ||||||||||||||||||||||||
BKN |
31-Jul |
9 | 6 | 4 | 4 | 1 | 2 | 0 | ||||||||||||||||||||||||
BKT |
31-Dec |
9 | 7 | 4 | 4 | 4 | 2 | 0 | ||||||||||||||||||||||||
BLE |
31-Jul |
9 | 6 | 4 | 4 | 1 | 2 | 0 | ||||||||||||||||||||||||
BLW |
31-Dec |
9 | 7 | 4 | 4 | 4 | 2 | 0 | ||||||||||||||||||||||||
BME |
31-Dec |
9 | 7 | 4 | 4 | 4 | 2 | 0 | ||||||||||||||||||||||||
BMN |
31-Dec |
9 | 7 | 4 | 4 | 4 | 2 | 0 | ||||||||||||||||||||||||
BOE |
31-Dec |
9 | 7 | 4 | 4 | 4 | 2 | 0 | ||||||||||||||||||||||||
BST |
31-Dec |
9 | 7 | 4 | 4 | 4 | 2 | 0 | ||||||||||||||||||||||||
BTA |
31-Jul |
9 | 6 | 4 | 4 | 1 | 2 | 0 | ||||||||||||||||||||||||
BTT |
31-Jul |
9 | 6 | 4 | 4 | 1 | 2 | 0 | ||||||||||||||||||||||||
BTZ |
31-Dec |
9 | 7 | 4 | 4 | 4 | 2 | 0 | ||||||||||||||||||||||||
BUI |
31-Dec |
9 | 7 | 4 | 4 | 4 | 2 | 0 | ||||||||||||||||||||||||
BYM |
31-Jul |
9 | 6 | 4 | 4 | 1 | 2 | 0 | ||||||||||||||||||||||||
CII |
31-Dec |
9 | 7 | 4 | 4 | 4 | 2 | 0 | ||||||||||||||||||||||||
DSU |
31-Dec |
9 | 7 | 4 | 4 | 4 | 2 | 0 | ||||||||||||||||||||||||
EGF |
31-Dec |
9 | 7 | 4 | 4 | 4 | 2 | 0 | ||||||||||||||||||||||||
FRA |
31-Dec |
9 | 7 | 4 | 4 | 4 | 2 | 0 | ||||||||||||||||||||||||
HYT |
31-Dec |
9 | 7 | 4 | 4 | 4 | 2 | 0 | ||||||||||||||||||||||||
MHD |
31-Jul |
9 | 6 | 4 | 4 | 1 | 2 | 0 | ||||||||||||||||||||||||
MIY |
31-Jul |
9 | 6 | 4 | 4 | 1 | 2 | 0 | ||||||||||||||||||||||||
MQT |
31-Jul |
9 | 6 | 4 | 4 | 1 | 2 | 0 | ||||||||||||||||||||||||
MQY |
31-Jul |
9 | 6 | 4 | 4 | 1 | 2 | 0 |
Ticker |
Fiscal Year End (1) |
Number of Audit Committee Meetings |
Number of Governance Committee Meetings |
Number of Compliance Committee Meetings |
Number of Performance Oversight Committee Meetings |
Number of Discount Committee Meetings |
Number of Securities Lending Committee Meetings |
Number of Executive Committee Meetings |
||||||||||||||||||||||||
MUA |
31-Jul |
9 | 6 | 4 | 4 | 1 | 2 | 0 | ||||||||||||||||||||||||
MUC |
31-Jul |
9 | 6 | 4 | 4 | 1 | 2 | 0 | ||||||||||||||||||||||||
MUE |
31-Jul |
9 | 6 | 4 | 4 | 1 | 2 | 0 | ||||||||||||||||||||||||
MUJ |
31-Jul |
9 | 6 | 4 | 4 | 1 | 2 | 0 | ||||||||||||||||||||||||
MVF |
31-Jul |
9 | 6 | 4 | 4 | 1 | 2 | 0 | ||||||||||||||||||||||||
MVT |
31-Jul |
9 | 6 | 4 | 4 | 1 | 2 | 0 | ||||||||||||||||||||||||
MYD |
31-Jul |
9 | 6 | 4 | 4 | 1 | 2 | 0 | ||||||||||||||||||||||||
MYI |
31-Jul |
9 | 6 | 4 | 4 | 1 | 2 | 0 |
(1) |
Information is for the Fund’s most recent fiscal year. BlackRock Multi-Sector Income Trust (BIT) changed its fiscal year end from October 31 to December 31 effective December 31, 2023. Accordingly, this Fund’s most recent fiscal year consists of the two months ended December 31, 2023. |
Name, Address and Year of Birth (1) |
Position(s) Held with Fund |
Term of Office and Length of Time Served |
Principal Occupations(s) During Past 5 Years | |||
John M. Perlowski 1964 |
Director/Trustee, President and Chief Executive Officer | Annual (President and Chief Executive Officer); Director/Trustee since 2014; President and Chief Executive Officer since 2011 | Managing Director of BlackRock, Inc. since 2009. | |||
Jonathan Diorio 1980 |
Vice President | Annual; Since 2015 |
Managing Director of BlackRock, Inc. since 2015. | |||
Trent Walker 1974 |
Chief Financial Officer | Annual; Since 2021 |
Managing Director of BlackRock, Inc. since 2019; Executive Vice President of PIMCO from 2016 to 2019. | |||
Jay M. Fife 1970 |
Treasurer | Annual; Since 2007 |
Managing Director of BlackRock, Inc. since 2007. | |||
Aaron Wasserman 1974 |
Chief Compliance Officer (“CCO”) | Annual; Since 2023 |
Managing Director of BlackRock, Inc. since 2018; Chief Compliance Officer of the BlackRock-advised funds in the BlackRock Multi-Asset Complex, the BlackRock Fixed-Income Complex and the iShares Complex since 2023; Deputy Chief Compliance Officer for the BlackRock-advised funds in the BlackRock Multi-Asset Complex, the BlackRock Fixed-Income Complex and the iShares Complex from 2014 to 2023. | |||
Janey Ahn 1975 |
Secretary | Annual; Since 2012 |
Managing Director of BlackRock, Inc. since 2018. |
(1) |
The address of each executive officer is c/o BlackRock, Inc., 50 Hudson Yards, New York, NY 10001. |
Audit Fees |
Audit-Related Fees | |||||||||
Fund |
Fiscal Year End |
Most Recent Fiscal Year ($) |
Prior Fiscal Year to Most Recent Fiscal Year ($) |
Most Recent Fiscal Year ($) |
Prior Fiscal Year to Most Recent Fiscal Year ($) | |||||
BBN |
31-Dec |
36,414 | 34,986 | 2,000 | 2,000 | |||||
BCX |
31-Dec |
43,146 | 41,514 | 0 | 0 | |||||
BDJ |
31-Dec |
37,944 | 36,516 | 4,000 | 0 | |||||
BFK |
31-Jul (4) |
32,538 | 32,405 | 4,000 | 4,000 | |||||
BGR |
31-Dec |
37,944 | 36,516 | 0 | 0 | |||||
BGT |
31-Dec |
72,726 | 69,972 | 6,000 | 0 | |||||
BGY |
31-Dec |
51,510 | 49,572 | 0 | 0 | |||||
BHK |
31-Dec |
78,030 | 75,072 | 2,000 | 4,000 | |||||
BHV |
31-Jul (4) |
17,034 | 18,870 | 0 | 0 | |||||
BIT |
31-Dec (4) |
54,200 | 64,362 | 2,000 | 4,000 | |||||
BKN |
31-Jul (4) |
29,274 | 29,101 | 8,000 | 0 | |||||
BKT |
31-Dec |
41,616 | 39,984 | 10,000 | 0 | |||||
BLE |
31-Jul (4) |
29,580 | 32,742 | 2,000 | 4,000 | |||||
BLW |
31-Dec |
77,928 | 74,970 | 2,000 | 4,000 | |||||
BME |
31-Dec |
53,754 | 51,714 | 6,000 | 4,000 | |||||
BMN (1) |
31-Dec |
32,946 | 28,560 | 0 | 0 | |||||
BOE |
31-Dec |
51,510 | 49,572 | 0 | 0 | |||||
BST |
31-Dec |
64,362 | 61,914 | 6,000 | 4,000 | |||||
BTA |
31-Jul (4) |
29,274 | 29,101 | 0 | 0 | |||||
BTT |
31-Jul |
28,764 | 31,722 | 0 | 0 | |||||
BTZ |
31-Dec |
44,982 | 43,248 | 0 | 0 | |||||
BUI |
31-Dec |
37,944 | 36,516 | 2,000 | 4,000 | |||||
BYM |
31-Jul (4) |
29,580 | 32,742 | 0 | 0 | |||||
CII |
31-Dec |
37,944 | 36,516 | 0 | 0 | |||||
DSU |
31-Dec |
77,928 | 74,970 | 6,000 | 0 | |||||
EGF |
31-Dec |
37,230 | 35,802 | 0 | 0 | |||||
FRA |
31-Dec |
72,726 | 69,972 | 0 | 0 | |||||
HYT |
31-Dec |
83,130 | 79,968 | 2,000 | 4,000 | |||||
MHD |
31-Jul (4) |
32,538 | 32,405 | 0 | 0 | |||||
MIY |
31-Jul |
32,538 | 36,006 | 0 | 0 | |||||
MQT |
31-Jul (4) |
32,538 | 32,405 | 0 | 0 | |||||
MQY |
31-Jul (4) |
32,538 | 32,405 | 0 | 0 | |||||
MUA |
31-Jul (4) |
27,540 | 27,448 | 4,000 | 0 | |||||
MUC |
31-Jul |
32,538 | 36,006 | 0 | 17,000 (2) | |||||
MUE |
31-Jul |
32,538 | 36,006 | 0 | 0 | |||||
MUJ |
31-Jul |
32,538 | 36,006 | 0 | 13,000 (3) | |||||
MVF |
31-Jul (4) |
32,538 | 36,006 | 0 | 0 | |||||
MVT |
31-Jul (4) |
32,538 | 32,405 | 0 | 0 | |||||
MYD |
31-Jul (4) |
32,538 | 32,405 | 0 | 0 | |||||
MYI |
31-Jul |
32,538 | 36,006 | 0 | 0 |
(1) |
Commenced operations on October 26, 2022. |
(2) |
Includes audit-related fees for the N-14 filing of BlackRock MuniYield California Quality Fund, Inc. (MCA) and BlackRock MuniYield California Fund, Inc. (MYC) which reorganized into MUC in April 2022. These fees were paid by MUC as the surviving entity of the reorganizations. |
(3) |
Includes audit-related fees for the N-14 filing of BlackRock MuniYield New Jersey Fund, Inc. (MYJ) which reorganized into MUJ in April 2022. These fees were paid by MUJ as the surviving entity of the reorganizations. |
(4) |
Information is for the Fund’s most recent fiscal years. Each of BlackRock Investment Quality Municipal Trust, Inc. (BKN), BlackRock Long-Term Municipal Advantage Trust (BTA), BlackRock MuniAssets Fund Inc. (MUA), BlackRock Municipal Income Trust (BFK), BlackRock MuniHoldings Fund Inc. (MHD), BlackRock MuniVest Fund II Inc. (MVT), BlackRock MuniYield Fund Inc. (MYD), BlackRock MuniYield Quality Fund II Inc. (MQT) and BlackRock MuniYield Quality Fund Inc. (MQY) changed its fiscal year end from April 30 to July 31 effective July 31, 2022. Accordingly, these Funds’ fiscal year prior to the most recent fiscal year consists of the three months ended July 31, 2022. Each of BlackRock Municipal Income Quality Trust (BYM), BlackRock Municipal Income Trust II (BLE), BlackRock MuniVest Fund Inc. (MVF) and BlackRock Virginia Municipal Bond Trust (BHV) changed its fiscal year end from August 31 to July 31 effective July 31, 2022. Accordingly, these Funds’ fiscal year prior to the most recent fiscal year consists of the eleven months ended July 31, 2022. BlackRock Multi-Sector Income Trust changed its fiscal year end from October 31 to December 31 effective December 31, 2023. Accordingly, the Fund’s most recent fiscal year consists of the two months ended December 31, 2023. |
Tax Fees (1) |
All Other Fees (2) | |||||||||
Fund |
Fiscal Year End |
Most Recent Fiscal Year ($) |
Prior Fiscal Year to Most Recent Fiscal Year ($) |
Most Recent Fiscal Year ($) |
Prior Fiscal Year to Most Recent Fiscal Year ($) | |||||
BBN |
31-Dec |
17,576 | 16,900 | 407 | 431 | |||||
BCX |
31-Dec |
18,688 | 17,200 | 407 | 431 | |||||
BDJ |
31-Dec |
17,648 | 16,200 | 407 | 431 | |||||
BFK |
31-Jul (3) |
21,200 | 9,200 | 407 | 431 | |||||
BGR |
31-Dec |
17,648 | 16,200 | 407 | 431 | |||||
BGT |
31-Dec |
16,744 | 16,100 | 407 | 431 | |||||
BGY |
31-Dec |
17,648 | 16,200 | 407 | 431 | |||||
BHK |
31-Dec |
18,096 | 17,400 | 407 | 431 | |||||
BHV |
31-Jul (3) |
9,600 | 9,200 | 407 | 431 | |||||
BIT |
31-Dec (3) |
8,788 | 16,900 | 0 | 431 | |||||
BKN |
31-Jul (3) |
8,800 | 6,250 | 407 | 218 | |||||
BKT |
31-Dec |
8,840 | 8,500 | 407 | 431 | |||||
BLE |
31-Jul (3) |
16,100 | 15,500 | 407 | 218 | |||||
BLW |
31-Dec |
19,136 | 18,400 | 407 | 431 | |||||
BME |
31-Dec |
17,648 | 16,200 | 407 | 431 | |||||
BMN (5) |
31-Dec |
15,100 | 14,500 | 407 | 0 | |||||
BOE |
31-Dec |
17,648 | 16,200 | 407 | 431 | |||||
BST |
31-Dec |
54,648 (6) |
53,200 (6) |
407 | 431 | |||||
BTA |
31-Jul (3) |
13,200 | 6,250 | 407 | 218 | |||||
BTT |
31-Jul |
15,600 | 15,000 | 407 | 431 | |||||
BTZ |
31-Dec |
24,232 | 23,300 | 407 | 431 | |||||
BUI |
31-Dec |
17,648 | 16,200 | 407 | 431 | |||||
BYM |
31-Jul (3) |
17,600 | 16,900 | 407 | 431 | |||||
CII |
31-Dec |
17,648 | 16,200 | 407 | 431 | |||||
DSU |
31-Dec |
17,576 | 16,900 | 407 | 431 | |||||
EGF |
31-Dec |
13,208 | 12,700 | 407 | 431 | |||||
FRA |
31-Dec |
15,288 | 14,700 | 407 | 431 | |||||
HYT |
31-Dec |
93,965 (6)(7) |
95,896 (6)(7) |
407 | 431 | |||||
MHD |
31-Jul (3) |
15,600 | 6,500 | 407 | 431 | |||||
MIY |
31-Jul |
15,600 | 15,000 | 407 | 431 |
Tax Fees (1) |
All Other Fees (2) | |||||||||
Fund |
Fiscal Year End |
Most Recent Fiscal Year ($) |
Prior Fiscal Year to Most Recent Fiscal Year ($) |
Most Recent Fiscal Year ($) |
Prior Fiscal Year to Most Recent Fiscal Year ($) | |||||
MQT |
31-Jul (3) |
15,600 | 6,500 | 407 | 431 | |||||
MQY |
31-Jul (3) |
19,700 | 8,450 | 407 | 218 | |||||
MUA |
31-Jul (3) |
14,600 | 6,250 | 407 | 218 | |||||
MUC |
31-Jul |
21,700 | 20,900 | 407 | 868 (4) | |||||
MUE |
31-Jul |
16,600 | 16,000 | 407 | 431 | |||||
MUJ |
31-Jul |
16,600 | 16,000 | 407 | 650 (4) | |||||
MVF |
31-Jul (3) |
22,200 | 21,300 | 407 | 431 | |||||
MVT |
31-Jul (3) |
16,600 | 7,000 | 407 | 431 | |||||
MYD |
31-Jul (3) |
22,700 | 9,900 | 407 | 431 | |||||
MYI |
31-Jul |
30,000 | 28,800 | 407 | 431 |
(1) |
All Tax Fees consist solely of fees relating to services provided for tax compliance and/or tax preparation. |
(2) |
The Other Fees represent each Fund’s allocable share of the fees paid for issuance of Compliance Attestation Reports pursuant to Rule 38a-1. While the amount paid by the Funds is allocated evenly across all Funds in existence during the period when the applicable services were performed, such amount is not reflected for those Funds whose fiscal year ended prior to the invoice for the services being received. |
(3) |
Information is for the Fund’s most recent fiscal years. Each of BlackRock Investment Quality Municipal Trust, Inc. (BKN), BlackRock Long-Term Municipal Advantage Trust (BTA), BlackRock MuniAssets Fund Inc. (MUA), BlackRock Municipal Income Trust (BFK), BlackRock MuniHoldings Fund Inc. (MHD), BlackRock MuniVest Fund II Inc. (MVT), BlackRock MuniYield Fund Inc. (MYD), BlackRock MuniYield Quality Fund II Inc. (MQT) and BlackRock MuniYield Quality Fund Inc. (MQY) changed its fiscal year end from April 30 to July 31 effective July 31, 2022. Accordingly, these Funds’ fiscal year prior to the most recent fiscal year consists of the three months ended July 31, 2022. Each of BlackRock Municipal Income Quality Trust (BYM), BlackRock Municipal Income Trust II (BLE), BlackRock MuniVest Fund Inc. (MVF) and BlackRock Virginia Municipal Bond Trust (BHV) changed its fiscal year end from August 31 to July 31 effective July 31, 2022. Accordingly, these Funds’ fiscal year prior to the most recent fiscal year consists of the eleven months ended July 31, 2022. BlackRock Multi-Sector Income Trust changed its fiscal year end from October 31 to December 31 effective December 31, 2023. Accordingly, the Fund’s most recent fiscal year consists of the two months ended December 31, 2023. |
(4) |
Includes fees for the Fund and other Funds that were part of an approved merger. The fees were budgeted in the merger and paid by the Fund as the surviving entity. |
(5) |
Commenced operations on October 26, 2022. |
(6) |
Includes fees for the Fund and the Fund’s subsidiary or subsidiaries. |
(7) |
Includes fees for tax services required for completion of additional Canadian tax forms and correspondence with Canadian Revenue Authority related to a tender offer opportunity for positions held in the Luxembourg subsidiary. |
Aggregate Non-Audit Feesfor Pre-Approved Services to Each Fund and its Affiliated Service Provider* | ||||||
Fund |
Fiscal Year End |
Most Recent Fiscal Year ($) |
Prior Fiscal Year to Most Recent Fiscal Year ($) | |||
BBN |
31-Dec |
19,983 | 19,331 | |||
BCX |
31-Dec |
19,095 | 17,631 | |||
BDJ |
31-Dec |
22,055 | 16,631 | |||
BFK |
31-Jul (3) |
25,607 | 13,631 | |||
BGR |
31-Dec |
18,055 | 16,631 | |||
BGT |
31-Dec |
23,151 | 16,531 | |||
BGY |
31-Dec |
18,055 | 16,631 | |||
BHK |
31-Dec |
20,503 | 21,831 | |||
BHV |
31-Jul (3) |
10,007 | 9,631 | |||
BIT |
31-Dec (3) |
10,788 | 21,331 | |||
BKN |
31-Jul (3) |
17,207 | 6,468 | |||
BKT |
31-Dec |
19,247 | 8,931 | |||
BLE |
31-Jul (3) |
18,507 | 19,718 | |||
BLW |
31-Dec |
21,543 | 22,831 | |||
BME |
31-Dec |
24,055 | 20,631 | |||
BMN (1) |
31-Dec |
15,507 | 14,500 | |||
BOE |
31-Dec |
18,055 | 16,631 | |||
BST |
31-Dec |
61,055 (2) |
57,631 | |||
BTA |
31-Jul (3) |
13,607 | 6,468 | |||
BTT |
31-Jul |
16,007 | 15,431 | |||
BTZ |
31-Dec |
24,639 | 23,731 | |||
BUI |
31-Dec |
20,055 | 20,631 | |||
BYM |
31-Jul (3) |
18,007 | 17,331 | |||
CII |
31-Dec |
18,055 | 16,631 | |||
DSU |
31-Dec |
23,983 | 17,331 | |||
EGF |
31-Dec |
13,615 | 13,131 | |||
FRA |
31-Dec |
15,695 | 15,131 | |||
HYT |
31-Dec |
96,372 (2)(4) |
100,327 (2)(4) | |||
MHD |
31-Jul (3) |
16,007 | 6,931 | |||
MIY |
31-Jul |
16,007 | 15,431 | |||
MQT |
31-Jul (3) |
16,007 | 6,931 | |||
MQY |
31-Jul (3) |
20,107 | 8,668 | |||
MUA |
31-Jul (3) |
19,007 | 6,468 | |||
MUC |
31-Jul |
22,107 | 38,768 (5) | |||
MUE |
31-Jul |
17,007 | 16,431 | |||
MUJ |
31-Jul |
17,007 | 29,650 (6) | |||
MVF |
31-Jul (3) |
22,607 | 21,731 | |||
MVT |
31-Jul (3) |
17,007 | 7,431 | |||
MYD |
31-Jul (3) |
23,107 | 10,331 | |||
MYI |
31-Jul |
30,407 | 29,231 |
* | Reflects the sum of the fees shown above under “Audit-Related Fees,” “Tax Fees,” and “All Other Fees” with respect to each Fund. Non-audit fees of $2,154,000 and $2,098,000 for the calendar years ended December 31, 2023 and December 31, 2022, respectively, were paid in their entirety by BlackRock, in connection with services provided to the Affiliated Service Providers |
of each Fund and of other BlackRock open-end and closed-end funds primarily for a service organization controls review and, secondarily, a subscription to the Deloitte Accounting Research Tool. These amounts represent the aggregate fees paid by BlackRock and were not specifically allocated on a per fund basis. |
(1) |
Commenced operations on October 26, 2022. |
(2) |
Includes fees for the Fund and the Fund’s subsidiary or subsidiaries. |
(3) |
Information is for the Fund’s most recent fiscal years. Each of BlackRock Investment Quality Municipal Trust, Inc. (BKN), BlackRock Long-Term Municipal Advantage Trust (BTA), BlackRock MuniAssets Fund Inc. (MUA), BlackRock Municipal Income Trust (BFK), BlackRock MuniHoldings Fund Inc. (MHD), BlackRock MuniVest Fund II Inc. (MVT), BlackRock MuniYield Fund Inc. (MYD), BlackRock MuniYield Quality Fund II Inc. (MQT) and BlackRock MuniYield Quality Fund Inc. (MQY) changed its fiscal year end from April 30 to July 31 effective July 31, 2022. Accordingly, these Funds’ fiscal year prior to the most recent fiscal year consists of the three months ended July 31, 2022. Each of BlackRock Municipal Income Quality Trust (BYM), BlackRock Municipal Income Trust II (BLE), BlackRock MuniVest Fund Inc. (MVF) and BlackRock Virginia Municipal Bond Trust (BHV) changed its fiscal year end from August 31 to July 31 effective July 31, 2022. Accordingly, these Funds’ fiscal year prior to the most recent fiscal year consists of the eleven months ended July 31, 2022. BlackRock Multi-Sector Income Trust changed its fiscal year end from October 31 to December 31 effective December 31, 2023. Accordingly, the Fund’s most recent fiscal year consists of the two months ended December 31, 2023. |
(4) |
Includes fees for tax services required for completion of additional Canadian tax forms and correspondence with Canadian Revenue Authority related to a tender offer opportunity for positions held in the Luxembourg subsidiary. |
(5) |
Includes audit-related fees for the N-14 filing of BlackRock MuniYield California Quality Fund, Inc. (MCA) and BlackRock MuniYield California Fund, Inc. (MYC) which reorganized into MUC in April 2022. These fees were paid by MUC as the surviving entity of the reorganizations. |
(6) |
Includes audit-related fees for the N-14 filing of BlackRock MuniYield New Jersey Fund, Inc. (MYJ) which reorganized into MUJ in April 2022. These fees were paid by MUJ as the surviving entity of the reorganizations. |
Fund |
Investor |
Address |
Common Shares Held |
Common Shares % Held |
Preferred Shares Held |
Preferred Shares % Held | ||||||
BBN |
Morgan Stanley (1) |
1585 Broadway New York, NY 10036 |
4,050,744 | 6.60% | — | — | ||||||
Sit Investment Associates, Inc. | 3300 IDS Center 80 South Eighth Street Minneapolis, MN 55402 |
3,178,198 | 5.14% | — | — | |||||||
BCX |
Wells Fargo & Company | 420 Montgomery Street San Francisco, CA 94163 |
5,075,835 | 6.00% | — | — | ||||||
BFK |
Karpus Investment Management | 183 Sully’s Trail Pittsford, New York 14534 |
3,834,293 | 8.74% | — | — | ||||||
RiverNorth Capital Management, LLC | 360 S. Rosemary Avenue, Ste. 1420 West Palm Beach, Florida 33401 |
3,446,115 | 7.65% | — | — | |||||||
DNT Asset Trust | 1111 Polaris Parkway Columbus Ohio 43240 |
— | — | VMTP: 1,541 |
VMTP: 100.00% | |||||||
BGR |
Allspring Global Investments Holdings, LLC | 525 Market St, 10th Floor San Francisco, CA 94105 |
1,693,578 | 6.17% | — | — | ||||||
BGY |
Allspring Global Investments Holdings, LLC | 525 Market St, 10th Floor San Francisco, CA 94105 |
10,231,563 | 10.20% | — | — | ||||||
Karpus Investment Management | 183 Sully’s Trail Pittsford, New York 14534 |
5,723,137 | 5.71% | — | — | |||||||
Morgan Stanley (1) |
1585 Broadway New York, NY 10036 |
9,693,148 | 9.70% | — | — | |||||||
BHV |
Saba Capital Management, L.P. (2) |