0001193125-23-280759.txt : 20231120 0001193125-23-280759.hdr.sgml : 20231120 20231120170927 ACCESSION NUMBER: 0001193125-23-280759 CONFORMED SUBMISSION TYPE: N-23C-2 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20231120 FILED AS OF DATE: 20231120 DATE AS OF CHANGE: 20231120 EFFECTIVENESS DATE: 20231120 FILER: COMPANY DATA: COMPANY CONFORMED NAME: BLACKROCK MUNIYIELD QUALITY FUND II, INC. CENTRAL INDEX KEY: 0000887394 IRS NUMBER: 223194461 STATE OF INCORPORATION: NJ FISCAL YEAR END: 1031 FILING VALUES: FORM TYPE: N-23C-2 SEC ACT: 1940 Act SEC FILE NUMBER: 817-00993 FILM NUMBER: 231423552 BUSINESS ADDRESS: STREET 1: 100 BELLEVUE PARKWAY CITY: WILMINGTON STATE: DE ZIP: 19809 BUSINESS PHONE: 800-441-7762 MAIL ADDRESS: STREET 1: 100 BELLEVUE PARKWAY CITY: WILMINGTON STATE: DE ZIP: 19809 FORMER COMPANY: FORMER CONFORMED NAME: MUNIYIELD QUALITY FUND II INC DATE OF NAME CHANGE: 19920929 N-23C-2 1 d926979dn23c2.htm BLACKROCK MUNIYIELD QUALITY FUND II, INC [MQT] BlackRock MuniYield Quality Fund II, Inc [MQT]

 

 

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

 

 

NOTIFICATION OF REDEMPTION OF SECURITIES PURSUANT TO

RULE 23c-2 UNDER THE INVESTMENT COMPANY ACT OF 1940

Investment Company Act File No. 811-06660

 

 

BLACKROCK MUNIYIELD QUALITY FUND II, INC.

(Name of Registrant)

 

 

100 Bellevue Parkway

Wilmington, Delaware 19809

(Address of Principal Executive Offices)

 

 

Registrant’s Telephone Number, including Area Code: (800) 441-7762

 

 

The undersigned registered closed-end investment company hereby notifies the Securities and Exchange Commission (the “Commission”) that it intends to redeem securities of which it is the issuer, as set forth below in accordance with the requirements of Rule 23c-2 under the Investment Company Act of 1940 (the “Act”), and states that it is filing this notice with the Commission at least 30 days prior to the date set for the redemption.

 

(1)

Title of the class of securities of BlackRock MuniYield Quality Fund II, Inc. (the “Fund”) to be redeemed:

Series W-7 Variable Rate Muni Term Preferred Shares, par value $0.10 per share, liquidation preference of $100,000 per share (the “Series W-7 VMTP Shares”) (CUSIP #: 09254G603).

 

(2)

The date on which the securities are to be called or redeemed:

The Series W-7 VMTP Shares will be redeemed on December 20, 2023 (the “Redemption Date”).

 

(3)

The applicable provisions of the governing instrument pursuant to which the securities are to be called or redeemed:

The Series W-7 VMTP Shares are to be redeemed pursuant to Section 10(a) of the Fund’s Articles Supplementary Establishing and Fixing the Rights and Preferences of Variable Muni Term Preferred Shares (the “Articles”), a form of which was most recently filed with the Commission on June 25, 2012, as Exhibit 99.77Q1 to the Fund’s annual report on Form N-SAR. Pursuant to Section 10(c) of the Articles, dividends on the Series W-7 VMTP Shares will cease to accumulate from and after the Redemption Date.

 

(4)

The principal amount or number of shares and the basis upon which the securities to be redeemed are to be selected:

The Fund intends to redeem 100% (786 shares) of its outstanding Series W-7 VMTP Shares. Holders of the Series W-7 VMTP Shares will receive the liquidation preference of $100,000 per share, together with accumulated and unpaid dividends through the Redemption Date. All of the Series W-7 VMTP Shares are held in book-entry form through the Depository Trust Company (“DTC”), and such shares being redeemed will be redeemed in accordance with the procedures of DTC. Payment by the Fund of the Redemption Price will be made to The Bank of New York Mellon, as redemption and paying agent for the Series W-7 VMTP Shares.

 

 

 

SIGNATURE

Pursuant to the requirement of Rule 23c-2 of the Investment Company Act of 1940, the Fund has duly caused this Notification of Redemption of Securities to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of New York, and the State of New York, on the 20th day of November, 2023.

 

BLACKROCK MUNIYIELD QUALITY FUND II, INC.
By:  

/s/ Jonathan Diorio

  Name:   Jonathan Diorio
  Title:   Vice President

[Signature Page – MQT 23c-2 Notice]