NPORT-EX 2 NPORT_LCQ1_14447783_1024.htm EDGAR HTML
October 31, 2024 
2024 Quarterly Report
(Unaudited)
 
BlackRock MuniYield Quality Fund II, Inc. (MQT)
 
Not FDIC Insured • May Lose Value • No Bank Guarantee
Schedule of Investments (unaudited)
October 31, 2024
BlackRock MuniYield Quality Fund II, Inc. (MQT)
(Percentages shown are based on Net Assets)

 
Security
 
Par
(000)
Value
Municipal Bonds
Alabama — 4.0%
Black Belt Energy Gas District, RB(a)
 
Series A, 5.25%, 01/01/54
$
835
$ 891,301
Series A, 5.25%, 05/01/55
 
480
519,745
Series F, 5.50%, 11/01/53
 
810
859,055
County of Jefferson Alabama Sewer Revenue, Refunding
RB, 5.50%, 10/01/53
 
1,740
1,883,508
Energy Southeast A Cooperative District, RB(a)
 
Series B, 5.25%, 07/01/54
 
1,060
1,142,324
Series B-1, 5.75%, 04/01/54
 
1,815
2,025,152
Southeast Energy Authority A Cooperative District, RB(a)
 
Series A-1, 5.50%, 01/01/53
 
740
792,291
Series B-1, 5.00%, 05/01/53
 
2,055
2,143,342
 
 
10,256,718
Arizona — 2.9%
Arizona Industrial Development Authority, RB(b)
 
5.00%, 07/01/54
 
545
493,503
Series A, 5.00%, 07/01/49
 
545
511,669
Series A, 5.00%, 07/01/54
 
420
389,376
City of Phoenix Civic Improvement Corp., ARB, Series B,
AMT, Junior Lien, 5.00%, 07/01/44
 
1,745
1,791,085
City of Phoenix Civic Improvement Corp., RB, Junior Lien,
5.25%, 07/01/47
 
910
1,000,684
Industrial Development Authority of the County of Pima,
RB, 5.00%, 07/01/39(b)
 
500
500,594
Industrial Development Authority of the County of Pima,
Refunding RB, 5.00%, 06/15/49(b)
 
1,025
1,010,128
Maricopa County Industrial Development Authority,
Refunding RB
 
5.00%, 07/01/54(b)
 
290
290,291
Series A, 5.00%, 09/01/37
 
575
598,456
Sierra Vista Industrial Development Authority, RB, 5.75%,
06/15/53(b)
 
745
766,781
 
 
7,352,567
Arkansas — 0.7%
Arkansas Development Finance Authority, RB
 
AMT, 4.50%, 09/01/49(b)
 
1,275
1,236,422
AMT, Sustainability Bonds, 5.70%, 05/01/53
 
420
436,477
 
 
1,672,899
California — 5.0%
California Enterprise Development Authority, RB, 8.00%,
11/15/62(b)
 
370
383,157
California Infrastructure & Economic Development Bank,
RB, Series A-4, AMT, 8.00%, 01/01/50(b)
 
345
355,406
CSCDA Community Improvement Authority, RB, M/F
Housing, Sustainability Bonds, 5.00%, 09/01/37(b)
 
100
101,034
Mount San Antonio Community College District, Refunding
GO, CAB, Series A, Convertible, Election 2008, 0.00%,
08/01/43(c)
 
5,000
5,025,065
Norman Y Mineta San Jose International Airport SJC,
Refunding RB, Series A, AMT, 5.00%, 03/01/41
 
765
780,366
Regents of the University of California Medical Center
Pooled Revenue, RB, Series P, 4.00%, 05/15/53
 
1,375
1,321,143
San Diego Unified School District, GO, Series C, Election
2008, 0.00%, 07/01/38(d)
 
1,400
839,975
San Diego Unified School District, Refunding GO, CAB,
Series R-1, 0.00%, 07/01/31(d)
 
1,110
908,706
Security
 
Par
(000)
Value
California (continued)
Yosemite Community College District, GO(d)
 
Series D, Election 2004, 0.00%, 08/01/36
$
2,000
$ 1,340,333
Series D, Election 2004, 0.00%, 08/01/37
 
2,790
1,646,569
 
 
12,701,754
Colorado — 0.4%
City & County of Denver Colorado Airport System
Revenue, Refunding ARB, Series A, AMT, 5.00%,
11/15/47
 
240
249,517
Colorado Health Facilities Authority, Refunding RB,
Series A, 4.00%, 08/01/44
 
940
890,404
 
 
1,139,921
Connecticut — 0.8%
Connecticut State Health & Educational Facilities
Authority, RB
 
5.25%, 07/15/48
 
145
155,722
4.25%, 07/15/53
 
190
184,788
Connecticut State Health & Educational Facilities
Authority, Refunding RB, 5.00%, 12/01/45(e)
 
1,610
1,624,005
 
 
1,964,515
District of Columbia — 2.3%
Metropolitan Washington Airports Authority Aviation
Revenue, Refunding ARB, Series A, AMT, 5.25%,
10/01/53
 
770
808,610
Metropolitan Washington Airports Authority Dulles Toll
Road Revenue, Refunding RB, Series B, Subordinate,
4.00%, 10/01/49
 
875
809,642
Washington Metropolitan Area Transit Authority Dedicated
Revenue, RB
 
Series A, 2nd Lien, Sustainability Bonds, 4.38%,
07/15/56
 
1,760
1,678,602
Series A, 2nd Lien, Sustainability Bonds, 4.38%,
07/15/59
 
2,450
2,431,478
 
 
5,728,332
Florida — 11.7%
Capital Trust Agency, Inc., RB(b)
 
5.00%, 01/01/55
 
535
509,665
Series A, 5.00%, 06/01/55
 
480
416,571
Series A, 5.50%, 06/01/57
 
170
159,175
City of South Miami Health Facilities Authority, Inc.,
Refunding RB, 5.00%, 08/15/42
 
2,340
2,399,887
City of Tampa Florida Water & Wastewater System
Revenue, RB, Series A, Sustainability Bonds, 5.25%,
10/01/57
 
2,210
2,393,075
County of Broward Florida Port Facilities Revenue, ARB,
AMT, 5.25%, 09/01/47
 
1,000
1,066,645
County of Miami-Dade Florida Aviation Revenue,
Refunding ARB, Series A, AMT, 5.00%, 10/01/44
 
425
433,610
County of Miami-Dade Florida Water & Sewer System
Revenue, RB, 4.00%, 10/01/48
 
1,550
1,471,013
County of Miami-Dade Florida, RB, 5.00%, 04/01/48
 
705
748,261
County of Miami-Dade Seaport Department, Refunding
RB
 
Series A, AMT, 5.00%, 10/01/41
 
360
376,869
Series A, AMT, 5.00%, 10/01/47
 
2,360
2,454,960
Series A-1, AMT, (AGM), 4.00%, 10/01/45
 
790
731,795
County of Osceola Florida Transportation Revenue,
Refunding RB, CAB(d)
 
Series A-2, 0.00%, 10/01/46
 
480
166,165
Series A-2, 0.00%, 10/01/47
 
775
254,956
County of Pasco Florida, RB, (AGM), 5.75%, 09/01/54
 
180
199,154
1
Schedule of Investments (unaudited)(continued)
October 31, 2024
BlackRock MuniYield Quality Fund II, Inc. (MQT)
(Percentages shown are based on Net Assets)
Security
 
Par
(000)
Value
Florida (continued)
Florida Development Finance Corp., RB(b)
 
6.50%, 06/30/57(f)(g)
$
225
$ 158,766
AMT, 5.00%, 05/01/29
 
480
487,746
Florida Development Finance Corp., Refunding RB
 
5.00%, 09/15/50(b)
 
270
248,273
AMT, (AGM), 5.25%, 07/01/53
 
3,040
3,156,059
Greater Orlando Aviation Authority, ARB, Sub-Series A,
AMT, 5.00%, 10/01/47
 
2,520
2,551,891
Hillsborough County Aviation Authority, ARB, Class A,
AMT, 5.00%, 10/01/48
 
2,165
2,198,633
Hillsborough County Industrial Development Authority,
Refunding RB
 
Series C, 5.25%, 11/15/49
 
300
330,074
Series C, 4.13%, 11/15/51
 
2,350
2,277,385
Series C, 5.50%, 11/15/54
 
480
537,345
Lakewood Ranch Stewardship District, SAB, 6.30%,
05/01/54
 
210
220,784
Lakewood Ranch Stewardship District, SAB, S/F Housing
 
4.00%, 05/01/40
 
235
214,003
4.00%, 05/01/50
 
395
331,020
Orange County Health Facilities Authority, RB, Series A,
5.00%, 10/01/53
 
1,805
1,881,825
Seminole Improvement District, RB, 5.30%, 10/01/37
 
150
148,526
Storey Creek Community Development District, SAB,
4.13%, 12/15/49
 
500
411,299
Village Community Development District No. 14, SAB,
5.50%, 05/01/53
 
520
532,946
Village Community Development District No. 15, SAB,
5.25%, 05/01/54(b)
 
215
221,841
 
 
29,690,217
Georgia — 2.1%
Development Authority for Fulton County, RB, 4.00%,
07/01/49
 
500
469,006
East Point Business & Industrial Development Authority,
RB, Series A, 5.25%, 06/15/62(b)
 
200
197,709
Gainesville & Hall County Hospital Authority, RB, Series A,
4.00%, 02/15/51
 
875
813,919
Georgia Housing & Finance Authority, Refunding RB, S/F
Housing, Series C, 4.60%, 12/01/54
 
535
529,721
Main Street Natural Gas, Inc., RB
 
Series A, 5.00%, 05/15/49
 
235
249,860
Series A, 5.00%, 06/01/53(a)
 
620
655,608
Municipal Electric Authority of Georgia, RB
 
Class A, 5.50%, 07/01/63
 
345
366,758
Series A, 5.00%, 01/01/49
 
1,190
1,214,062
Series A, 5.00%, 01/01/59
 
880
891,815
 
 
5,388,458
Hawaii — 0.9%
State of Hawaii Airports System Revenue, ARB, Series A,
AMT, 5.00%, 07/01/43
 
2,315
2,346,656
Idaho — 0.1%
Idaho Housing & Finance Association, RB, S/F Housing,
Series A, (FHLMC, FNMA, GNMA), 4.60%, 01/01/49
 
320
318,253
Illinois — 10.8%
Chicago Board of Education, GO
 
Series A, 5.00%, 12/01/34
 
1,265
1,300,162
Series A, 5.00%, 12/01/40
 
1,195
1,206,103
Series A, 5.00%, 12/01/47
 
360
355,967
Security
 
Par
(000)
Value
Illinois (continued)
Chicago Board of Education, Refunding GO, Series A,
5.00%, 12/01/30
$
135
$ 139,638
Chicago Midway International Airport, Refunding ARB,
Series B, 5.00%, 01/01/46
 
1,980
1,991,527
Chicago O’Hare International Airport, Refunding ARB
 
Series A, AMT, Senior Lien, 5.00%, 01/01/48
 
740
750,266
Series A, AMT, Senior Lien, 4.38%, 01/01/53
 
830
802,581
Chicago Transit Authority Sales Tax Receipts Fund,
Refunding RB, Series A, 2nd Lien, 5.00%, 12/01/57
 
705
722,613
City of Chicago Illinois Wastewater Transmission
Revenue, RB, Series A, 2nd Lien, (AGM), 5.25%,
01/01/53
 
1,550
1,658,028
City of Chicago Illinois Waterworks Revenue, RB,
Series A, 2nd Lien, (AGM), 5.25%, 11/01/53
 
525
562,541
Illinois Finance Authority, RB, 5.00%, 10/01/48
 
475
507,926
Illinois Finance Authority, Refunding RB
 
4.13%, 08/15/37
 
665
627,977
Series A, 5.00%, 11/15/45
 
1,110
1,110,054
Illinois State Toll Highway Authority, RB
 
Series A, 5.00%, 01/01/40
 
730
733,934
Series A, 4.00%, 01/01/46
 
930
892,522
Metropolitan Pier & Exposition Authority, RB
 
5.00%, 06/15/57
 
670
682,434
Series A, (NPFGC), 0.00%, 12/15/36(d)
 
10,000
6,212,548
Metropolitan Pier & Exposition Authority, Refunding RB,
Series B, (AGM), 0.00%, 06/15/44(d)
 
2,980
1,275,801
Regional Transportation Authority, RB, Series B,
(NPFGC), 5.75%, 06/01/33
 
2,000
2,290,659
State of Illinois, GO
 
5.25%, 02/01/32
 
870
872,442
5.25%, 02/01/34
 
600
601,684
Series B, 5.25%, 05/01/41
 
635
686,418
Series B, 5.50%, 05/01/47
 
540
583,760
Series C, 5.00%, 12/01/48
 
850
886,755
 
 
27,454,340
Indiana — 0.6%
Indianapolis Local Public Improvement Bond Bank, RB,
Series F1, Subordinate, (BAM), 5.00%, 03/01/53
 
1,445
1,528,023
Kentucky — 1.6%
City of Henderson Kentucky, RB, Series A, AMT, 4.70%,
01/01/52(b)
 
150
144,945
County of Boyle Kentucky, Refunding RB
 
Series A, 4.25%, 06/01/46
 
200
187,115
Series A, 5.25%, 06/01/49
 
775
805,659
Fayette County School District Finance Corp., RB
 
5.00%, 06/01/44
 
545
583,940
(BAM), 5.00%, 06/01/46
 
480
510,960
Kentucky Public Energy Authority, Refunding RB,
Series A-1, 5.25%, 04/01/54(a)
 
1,745
1,884,832
 
 
4,117,451
Louisiana — 3.9%
Louisiana Public Facilities Authority, RB
 
5.25%, 10/01/48
 
500
521,757
5.25%, 10/01/53
 
1,025
1,060,815
AMT, 5.75%, 09/01/64
 
1,195
1,288,938
Louisiana Public Facilities Authority, Refunding RB,
5.00%, 05/15/42
 
2,400
2,437,841
Schedule of Investments
2
Schedule of Investments (unaudited)(continued)
October 31, 2024
BlackRock MuniYield Quality Fund II, Inc. (MQT)
(Percentages shown are based on Net Assets)
Security
 
Par
(000)
Value
Louisiana (continued)
Louisiana Stadium & Exposition District, Refunding RB,
Series A, 5.00%, 07/01/48
$
1,095
$ 1,154,467
New Orleans Aviation Board, ARB
 
Series B, AMT, 5.00%, 01/01/45
 
2,380
2,379,676
Series B, AMT, 5.00%, 01/01/48
 
1,010
1,012,729
 
 
9,856,223
Maine — 0.4%
Maine State Housing Authority, RB, S/F Housing,
Series C, Sustainability Bonds, 4.75%, 11/15/49
 
885
890,834
Maryland — 0.6%
City of Baltimore Maryland, Refunding TA, Series A,
Senior Lien, 3.63%, 06/01/46(b)
 
655
526,843
Maryland Economic Development Corp., RB
 
5.00%, 07/01/56
 
145
148,518
Class B, AMT, Sustainability Bonds, 5.25%, 06/30/55
 
800
833,860
 
 
1,509,221
Massachusetts — 1.2%
Massachusetts Development Finance Agency, RB,
Series A, 5.00%, 01/01/47
 
1,855
1,862,891
Massachusetts Development Finance Agency, Refunding
RB, 5.00%, 07/01/47
 
815
823,370
Massachusetts Housing Finance Agency, Refunding RB,
Series A, AMT, 4.45%, 12/01/42
 
335
325,091
 
 
3,011,352
Michigan — 3.6%
City of Lansing Michigan, Refunding GO, Series B,
(AGM), 4.13%, 06/01/48
 
880
842,783
Michigan Finance Authority, RB
 
4.00%, 02/15/50
 
1,885
1,705,333
Series A, 4.00%, 11/15/50
 
2,550
2,332,881
Sustainability Bonds, 5.50%, 02/28/57
 
135
147,520
Michigan State Building Authority, Refunding RB
 
Series II, 4.00%, 10/15/47
 
535
507,085
Series II, 5.25%, 04/15/59
 
360
391,521
Michigan State Housing Development Authority, RB, S/F
Housing, Series D, Sustainability Bonds, 4.45%,
12/01/49
 
400
392,009
Michigan Strategic Fund, RB, AMT, 5.00%, 12/31/43
 
1,980
2,011,060
State of Michigan Trunk Line Revenue, RB, 5.00%,
11/15/46
 
725
786,464
 
 
9,116,656
Minnesota — 0.2%
Minnesota Higher Education Facilities Authority, RB,
Series A, Sustainability Bonds, 5.00%, 10/01/47
 
445
470,913
Missouri — 0.5%
Kansas City Industrial Development Authority, ARB
 
Class B, AMT, 5.00%, 03/01/46
 
470
479,710
Series B, AMT, 5.00%, 03/01/39
 
670
690,543
 
 
1,170,253
Nebraska — 0.5%
Central Plains Energy Project, Refunding RB, Series A,
5.00%, 09/01/37
 
1,150
1,238,935
Nevada — 1.1%
County of Clark Nevada, RB, Subordinate, (AGM), 4.00%,
07/01/40
 
2,715
2,740,182
Security
 
Par
(000)
Value
New Hampshire — 0.1%
New Hampshire Business Finance Authority, RB, M/F
Housing, Series 2, Sustainability Bonds, 4.25%,
07/20/41
$
363
$ 354,829
New Jersey — 4.8%
Camden County Improvement Authority, RB, Sustainability
Bonds, 6.00%, 06/15/62
 
180
192,327
City of Newark New Jersey, GOL, (SAW), 4.50%,
03/15/36
 
935
943,179
Hudson County Improvement Authority, RB, 5.00%,
05/01/46
 
730
738,752
New Jersey Economic Development Authority, RB
 
Series WW, 5.00%, 06/15/25(h)
 
180
181,944
Series WW, 5.25%, 06/15/25(h)
 
455
460,669
AMT, 5.13%, 01/01/34
 
610
610,747
AMT, 5.38%, 01/01/43
 
790
791,542
New Jersey Higher Education Student Assistance
Authority, RB, Series C, AMT, Subordinate, 4.25%,
12/01/50
 
800
716,232
New Jersey Higher Education Student Assistance
Authority, Refunding RB, Series B, AMT, 4.00%,
12/01/41
 
775
756,515
New Jersey Housing & Mortgage Finance Agency, RB,
S/F Housing, Series K, Sustainability Bonds, 4.55%,
10/01/44
 
305
307,023
New Jersey Transportation Trust Fund Authority, RB
 
5.00%, 12/15/32(h)
 
1,490
1,691,401
Series A, 0.00%, 12/15/29(d)
 
225
187,968
Series AA, 5.00%, 06/15/45
 
725
762,252
Series BB, 4.00%, 06/15/50
 
1,400
1,332,071
Series D, 5.00%, 06/15/32
 
525
526,405
New Jersey Transportation Trust Fund Authority,
Refunding RB
 
Series A, 5.00%, 06/15/37
 
525
577,150
Series A, 5.25%, 06/15/42
 
210
231,200
Tobacco Settlement Financing Corp., Refunding RB,
Series A, 5.00%, 06/01/35
 
1,220
1,269,390
 
 
12,276,767
New Mexico — 0.1%
City of Santa Fe New Mexico, RB, Series A, 5.00%,
05/15/44
 
180
178,119
New York — 13.7%
City of New York, GO
 
Series A-1, 5.00%, 08/01/47
 
260
274,902
Series B, 5.25%, 10/01/41
 
545
604,414
Empire State Development Corp., RB, Series A, 5.00%,
03/15/54
 
2,170
2,318,265
Metropolitan Transportation Authority, RB, Series D-2,
Sustainability Bonds, 4.00%, 11/15/48
 
1,115
1,057,061
Metropolitan Transportation Authority, Refunding RB,
Series C-1, 5.00%, 11/15/56
 
1,330
1,339,230
New York City Housing Development Corp., RB, M/F
Housing, Series A, Sustainability Bonds, (FHLMC,
FNMA, GNMA), 4.70%, 08/01/54
 
935
935,898
New York City Housing Development Corp., Refunding
RB, Series A, Sustainability Bonds, 4.15%, 11/01/38
 
1,580
1,561,381
New York City Municipal Water Finance Authority, RB
 
Sub-Series CC-1, 5.25%, 06/15/54
 
260
283,643
Series AA, Class 1, Subordinate, 5.00%, 06/15/51
 
2,165
2,330,186
New York City Transitional Finance Authority Future Tax
Secured Revenue, RB, Series F-1, Subordinate,
5.00%, 02/01/43
 
2,105
2,279,463
3
Schedule of Investments (unaudited)(continued)
October 31, 2024
BlackRock MuniYield Quality Fund II, Inc. (MQT)
(Percentages shown are based on Net Assets)
Security
 
Par
(000)
Value
New York (continued)
New York Liberty Development Corp., Refunding RB
 
Class 1, 5.00%, 11/15/44(b)
$
775
$ 771,298
Series A, Sustainability Bonds, (BAM-TCRS), 3.00%,
11/15/51
 
2,045
1,499,184
Series A, Sustainability Bonds, 3.00%, 11/15/51
 
600
441,470
New York Power Authority, Refunding RB
 
Series A, Sustainability Bonds, 4.00%, 11/15/55
 
230
221,928
Series A, Sustainability Bonds, 4.00%, 11/15/60
 
425
391,296
New York State Dormitory Authority, Refunding RB,
Series A, 4.00%, 03/15/54
 
710
685,946
New York State Thruway Authority, RB, Series N, 4.00%,
01/01/46
 
395
385,077
New York Transportation Development Corp., ARB
 
AMT, 5.00%, 12/01/36
 
450
475,655
AMT, 5.63%, 04/01/40
 
470
503,823
New York Transportation Development Corp., RB
 
AMT, 5.00%, 10/01/35
 
1,050
1,091,989
AMT, Sustainability Bonds, 5.50%, 06/30/54
 
830
874,686
AMT, Sustainability Bonds, (AGM), 5.25%, 06/30/60
 
1,800
1,874,252
AMT, Sustainability Bonds, 5.50%, 06/30/60
 
1,480
1,558,276
New York Transportation Development Corp., Refunding
RB, Series A, AMT, Sustainability Bonds, 12/31/54(i)
 
1,200
1,278,064
Port Authority of New York & New Jersey, ARB, AMT,
5.00%, 11/01/49
 
1,535
1,582,644
Port Authority of New York & New Jersey, Refunding ARB,
Series 197, AMT, 5.00%, 11/15/35
 
250
254,339
Triborough Bridge & Tunnel Authority Sales Tax Revenue,
RB
 
Series A, 4.13%, 05/15/53
 
3,150
3,093,657
Series A, 4.50%, 05/15/63
 
1,000
1,007,209
Triborough Bridge & Tunnel Authority, RB, Series A,
5.00%, 11/15/49
 
1,900
1,997,903
Triborough Bridge & Tunnel Authority, Refunding RB,
Series A, 5.00%, 05/15/47
 
1,705
1,816,271
 
 
34,789,410
North Carolina — 0.9%
City of Charlotte North Carolina Airport Revenue,
Refunding ARB, Series B, AMT, 4.50%, 07/01/47
 
1,625
1,628,598
North Carolina Housing Finance Agency, RB, S/F
Housing, Series 54-A, (FHLMC, FNMA, GNMA),
4.70%, 07/01/50
 
525
526,728
University of North Carolina at Chapel Hill, RB, 5.00%,
02/01/49
 
165
183,436
 
 
2,338,762
North Dakota — 0.4%
North Dakota Housing Finance Agency, RB, S/F Housing,
Series C, Sustainability Bonds, 4.75%, 07/01/49
 
970
959,473
Ohio — 1.4%
Buckeye Tobacco Settlement Financing Authority,
Refunding RB, Series B-2, Class 2, 5.00%, 06/01/55
 
2,180
1,965,981
County of Franklin Ohio, RB, 5.00%, 11/01/48
 
450
501,531
Ohio Housing Finance Agency, RB, S/F Housing,
Series B, Sustainability Bonds, (FHLMC, FNMA,
GNMA), 4.65%, 09/01/49
 
1,195
1,197,213
 
 
3,664,725
Oklahoma — 0.1%
Oklahoma Water Resources Board, RB, 4.00%, 04/01/48
 
345
338,087
Security
 
Par
(000)
Value
Oregon — 0.2%
Clackamas County School District No. 12 North
Clackamas, GO, CAB, Series A, (GTD), 0.00%,
06/15/38(d)
$
875
$ 474,905
Pennsylvania — 6.5%
Allegheny County Airport Authority, ARB, Series A, AMT,
5.00%, 01/01/51
 
1,010
1,036,573
Bucks County Industrial Development Authority, RB,
4.00%, 07/01/46
 
200
163,344
Pennsylvania Economic Development Financing Authority,
RB
 
5.00%, 06/30/42
 
4,450
4,493,352
AMT, 5.50%, 06/30/41
 
900
962,316
AMT, 5.75%, 06/30/48
 
780
834,288
Pennsylvania Higher Educational Facilities Authority,
Refunding RB, Series A, 5.00%, 09/01/45
 
3,150
3,151,244
Pennsylvania Housing Finance Agency, RB, S/F Housing,
Series 145A, Sustainability Bonds, 4.75%, 10/01/49
 
2,095
2,114,491
Pennsylvania Housing Finance Agency, Refunding RB,
S/F Housing, Series 142-A, Sustainability Bonds,
5.00%, 10/01/50
 
410
421,075
Pennsylvania Turnpike Commission, RB
 
Series A, 5.00%, 12/01/38
 
550
550,687
Series A, Subordinate, 5.00%, 12/01/44
 
1,300
1,361,513
Pennsylvania Turnpike Commission, Refunding RB,
Series A-1, 5.25%, 12/01/45
 
1,070
1,082,819
School District of Philadelphia, GOL, Series A, (SAW),
5.50%, 09/01/48
 
265
293,472
 
 
16,465,174
Puerto Rico — 5.0%
Puerto Rico Sales Tax Financing Corp. Sales Tax
Revenue, RB
 
Series A-1, Restructured, 4.75%, 07/01/53
 
6,611
6,522,651
Series A-1, Restructured, 5.00%, 07/01/58
 
2,998
3,001,612
Series A-2, Restructured, 4.78%, 07/01/58
 
276
273,018
Series A-2, Restructured, 4.33%, 07/01/40
 
738
730,259
Series B-1, Restructured, 4.75%, 07/01/53
 
309
306,743
Series B-2, Restructured, 4.78%, 07/01/58
 
411
404,559
Puerto Rico Sales Tax Financing Corp. Sales Tax
Revenue, RB, CAB, Series A-1, Restructured, 0.00%,
07/01/46(d)
 
4,475
1,434,787
 
 
12,673,629
South Carolina — 3.3%
County of Berkeley South Carolina, SAB
 
4.25%, 11/01/40
 
315
294,759
4.38%, 11/01/49
 
465
416,669
Patriots Energy Group Financing Agency, RB, Series A1,
5.25%, 10/01/54(a)
 
1,650
1,782,718
South Carolina Jobs-Economic Development Authority,
RB
 
5.00%, 11/01/43
 
2,010
2,065,430
5.00%, 01/01/55(b)
 
855
738,838
7.50%, 08/15/62(b)
 
405
391,500
Series A, 5.50%, 11/01/50
 
1,195
1,321,422
Series A, 5.50%, 11/01/54
 
365
401,213
South Carolina Public Service Authority, RB
 
Series A, 5.50%, 12/01/54
 
360
395,676
Schedule of Investments
4
Schedule of Investments (unaudited)(continued)
October 31, 2024
BlackRock MuniYield Quality Fund II, Inc. (MQT)
(Percentages shown are based on Net Assets)
Security
 
Par
(000)
Value
South Carolina (continued)
South Carolina Public Service Authority, RB (continued)
 
Series A, 4.00%, 12/01/55
$
550
$ 495,750
South Carolina State Housing Finance & Development
Authority, Refunding RB, S/F Housing, Series A, 4.95%,
07/01/53
 
95
98,312
 
 
8,402,287
Tennessee — 1.8%
Knox County Health Educational & Housing Facility Board,
RB, Series A-1, (BAM), 5.50%, 07/01/59
 
160
171,572
Memphis-Shelby County Airport Authority, ARB, Series A,
AMT, 5.00%, 07/01/49
 
1,000
1,029,744
Metropolitan Government Nashville & Davidson County
Health & Educational Facilities Board, RB, 5.25%,
05/01/48
 
200
214,365
Metropolitan Government Nashville & Davidson County
Health & Educational Facilities Board, Refunding RB,
5.25%, 10/01/58
 
835
840,694
Metropolitan Nashville Airport Authority, ARB, Series B,
AMT, 5.00%, 07/01/52
 
1,020
1,061,891
Tennergy Corp., RB, Series A, 5.50%, 10/01/53(a)
 
1,040
1,122,795
Tennessee Housing Development Agency, RB, S/F
Housing
 
Series 2-A, Sustainability Bonds, (FHLMC, FNMA,
GNMA), 4.45%, 07/01/44
 
100
100,745
Series 2-A, Sustainability Bonds, (FHLMC, FNMA,
GNMA), 4.60%, 07/01/49
 
100
100,531
 
 
4,642,337
Texas — 14.1%
Arlington Higher Education Finance Corp., RB(b)
 
7.50%, 04/01/62
 
420
427,956
7.88%, 11/01/62
 
370
387,143
Central Texas Turnpike System, RB, Series C, 5.00%,
08/15/42
 
625
625,076
City of Austin Texas Airport System Revenue, ARB, AMT,
5.25%, 11/15/47
 
905
963,200
City of Corpus Christi Texas Utility System Revenue,
Refunding RB, 4.00%, 07/15/48
 
500
480,464
City of Galveston Texas Wharves & Terminal Revenue,
ARB
 
Series A, AMT, 1st Lien, 5.50%, 08/01/43
 
105
114,273
Series A, AMT, 1st Lien, 5.50%, 08/01/44
 
105
113,975
City of Garland Texas Electric Utility System Revenue,
Refunding RB, (AGM), 4.25%, 03/01/48
 
100
100,377
City of Houston Texas Airport System Revenue, ARB,
Series A, AMT, 6.63%, 07/15/38
 
405
405,668
City of Houston Texas Airport System Revenue, Refunding
ARB, AMT, 5.00%, 07/15/27
 
230
234,455
City of Houston Texas Airport System Revenue, Refunding
RB
 
Series A, AMT, 5.00%, 07/01/27
 
225
229,300
Sub-Series A, AMT, 4.00%, 07/01/46
 
830
766,957
Sub-Series A, AMT, 4.00%, 07/01/48
 
2,055
1,888,273
County of Harris Texas Toll Road Revenue, Refunding RB
 
1st Lien, 4.00%, 08/15/45
 
425
414,725
Series A, 1st Lien, 4.00%, 08/15/49
 
2,500
2,426,003
Dallas Fort Worth International Airport, Refunding RB,
Series B, 4.00%, 11/01/45
 
1,080
1,047,696
Denton Independent School District, GO, (PSF-GTD),
5.00%, 08/15/48
 
665
713,276
Security
 
Par
(000)
Value
Texas (continued)
Dickinson Independent School District, GO, (PSF-GTD),
4.13%, 02/15/48
$
350
$ 339,634
Fort Bend Independent School District, Refunding GO,
Series A, (PSF-GTD), 4.00%, 08/15/49
 
370
352,389
Klein Independent School District, GO, (PSF-GTD),
4.00%, 08/01/46
 
1,075
1,045,126
Midland County Fresh Water Supply District No. 1, RB,
CAB, Series A, 0.00%, 09/15/27(d)(h)
 
1,850
1,087,614
New Braunfels Independent School District, GO, (PSF-
GTD), 4.00%, 02/01/52
 
360
339,826
New Caney Independent School District, GO, (PSF-GTD),
4.00%, 02/15/49
 
290
280,171
New Hope Cultural Education Facilities Finance Corp.,
RB, Series A, 5.00%, 08/15/50(b)
 
450
427,941
North Texas Tollway Authority, RB, Series C, Convertible,
6.75%, 09/01/31(c)(h)
 
10,000
12,169,479
North Texas Tollway Authority, Refunding RB, 4.25%,
01/01/49
 
970
966,110
Port Authority of Houston of Harris County Texas, ARB
 
5.00%, 10/01/51
 
595
630,009
1st Lien, 5.00%, 10/01/53
 
500
534,792
Spring Branch Independent School District, GO, (PSF-
GTD), 4.00%, 02/01/48
 
465
451,051
Tarrant County Cultural Education Facilities Finance
Corp., RB, Series A, 4.00%, 07/01/53
 
525
486,068
Tarrant County Cultural Education Facilities Finance
Corp., Refunding RB, 5.00%, 10/01/49
 
105
108,277
Texas City Industrial Development Corp., RB,
Series 2012, 4.13%, 12/01/45
 
260
246,714
Texas Municipal Gas Acquisition & Supply Corp. III,
Refunding RB, 5.00%, 12/15/32
 
1,500
1,587,062
Texas State University System, Refunding RB, 4.00%,
03/15/49
 
1,170
1,118,291
Texas Water Development Board, RB, 4.80%, 10/15/52
 
2,170
2,260,567
 
 
35,769,938
Utah — 2.8%
Black Desert Public Infrastructure District, SAB, 5.63%,
12/01/53(b)
 
140
142,649
City of Salt Lake City Utah Airport Revenue, ARB
 
Series A, AMT, 5.00%, 07/01/47
 
3,485
3,513,115
Series A, AMT, 5.25%, 07/01/48
 
235
247,158
Series A, AMT, 5.00%, 07/01/51
 
1,450
1,486,181
Series A, AMT, 5.25%, 07/01/53
 
510
535,079
Utah Charter School Finance Authority, RB, 5.00%,
06/15/39(b)
 
185
185,233
Utah Charter School Finance Authority, Refunding RB,
5.00%, 06/15/40(b)
 
335
332,306
Utah Housing Corp., RB, S/F Housing, Series E, (FHLMC,
FNMA, GNMA), 4.70%, 01/01/50
 
675
677,700
 
 
7,119,421
Virginia — 0.4%
Tobacco Settlement Financing Corp., Refunding RB,
Series B-1, 5.00%, 06/01/47
 
965
933,234
Washington — 0.3%
Port of Seattle Washington, ARB, Series C, AMT,
Intermediate Lien, 5.00%, 05/01/42
 
720
728,706
Wisconsin — 0.6%
Public Finance Authority, RB
 
5.00%, 10/15/56(b)
 
215
183,568
Class A, 5.00%, 06/15/51(b)
 
555
475,578
5
Schedule of Investments (unaudited)(continued)
October 31, 2024
BlackRock MuniYield Quality Fund II, Inc. (MQT)
(Percentages shown are based on Net Assets)
Security
 
Par
(000)
Value
Wisconsin (continued)
Public Finance Authority, RB (continued)
 
Class A, 6.00%, 06/15/52
$
140
$ 131,313
Class A, 6.13%, 06/15/57
 
160
151,399
Series A, 5.00%, 07/01/40(b)
 
300
293,774
Public Finance Authority, Refunding RB, 5.00%,
09/01/39(b)
 
295
291,531
 
 
1,527,163
Total Municipal Bonds — 112.4%
(Cost: $274,335,933)
285,301,639
Municipal Bonds Transferred to Tender Option Bond Trusts(e)
Alabama(a) — 4.9%
Black Belt Energy Gas District, RB
 
Series C, 5.50%, 10/01/54
 
3,794
4,169,201
Series C-1, 5.25%, 02/01/53
 
7,721
8,181,198
 
 
12,350,399
Colorado — 1.5%
City & County of Denver Colorado Airport System
Revenue, Refunding ARB, Series A, AMT, 5.50%,
11/15/53
 
3,676
3,929,354
District of Columbia — 0.4%
District of Columbia Housing Finance Agency, RB, M/F
Housing, Series B-2, 4.10%, 09/01/39
 
920
907,682
Florida — 5.0%
City of Fort Lauderdale Florida Water & Sewer Revenue,
RB, Series B, 5.50%, 09/01/53
 
3,345
3,705,433
City of Tampa Florida Water & Wastewater System
Revenue, RB, Series A, Sustainability Bonds, 5.25%,
10/01/57
 
2,150
2,328,105
County of Seminole Florida Sales Tax Revenue,
Refunding RB, Series B, (NPFGC), 5.25%, 10/01/31
 
4,200
4,660,584
Miami-Dade County Expressway Authority, Refunding RB,
Series A, (AGM), 5.00%, 07/01/35
 
2,100
2,102,035
 
 
12,796,157
Georgia — 1.2%
Main Street Natural Gas, Inc., RB, Series C, 5.00%,
09/01/53(a)
 
2,970
3,150,764
Illinois — 5.7%
City of Chicago Illinois Wastewater Transmission
Revenue, RB, Series A, 2nd Lien, (AGM), 5.25%,
01/01/58
 
4,902
5,236,534
Illinois Finance Authority, Refunding RB, Series A, 5.00%,
08/15/51
 
1,951
2,047,620
Regional Transportation Authority, RB, (NPFGC), 6.50%,
07/01/26
 
6,870
7,151,531
 
 
14,435,685
Security
 
Par
(000)
Value
Missouri — 0.9%
Missouri Housing Development Commission, RB, S/F
Housing, Series E, (FHLMC, FNMA, GNMA), 4.60%,
11/01/49
$
2,325
$ 2,320,065
Nebraska — 0.9%
Nebraska Investment Finance Authority, RB, S/F Housing,
Series E, Sustainability Bonds, (FHLMC, FNMA,
GNMA), 4.80%, 09/01/54
 
2,189
2,190,267
New York — 6.2%
New York City Municipal Water Finance Authority, RB,
Series AA-1, 5.25%, 06/15/52
 
4,020
4,357,701
New York City Transitional Finance Authority, RB,
Series C, 5.25%, 05/01/48
 
3,674
4,006,485
New York State Dormitory Authority, Refunding RB,
Series A, 4.00%, 03/15/47
 
1,810
1,743,769
Port Authority of New York & New Jersey, Refunding ARB,
5.25%, 10/15/57
 
1,910
1,974,444
Triborough Bridge & Tunnel Authority, RB, Series A,
5.00%, 11/15/51
 
1,990
2,093,408
Triborough Bridge & Tunnel Authority, Refunding RB,
Series C, 4.13%, 05/15/52
 
1,500
1,471,283
 
 
15,647,090
Oklahoma — 1.3%
Oklahoma Turnpike Authority, RB, 5.50%, 01/01/53
 
2,999
3,284,444
Oregon — 0.9%
Port of Portland Oregon Airport Revenue, Refunding ARB,
Series 29, AMT, Sustainability Bonds, 5.50%, 07/01/48
 
2,020
2,178,500
Pennsylvania — 1.3%
Pennsylvania Turnpike Commission, Refunding RB,
Series B, 5.25%, 12/01/52
 
3,030
3,271,911
South Carolina — 1.9%
Patriots Energy Group Financing Agency, Refunding RB,
Series B-1, 5.25%, 02/01/54(a)
 
4,589
4,945,919
Tennessee — 1.8%
Tennessee Energy Acquisition Corp., RB, Series A,
5.00%, 05/01/52(a)
 
4,395
4,665,483
Texas — 3.5%
City of Houston Texas Airport System Revenue, Refunding
ARB, Series A, AMT, Subordinate Lien, (AGM), 5.25%,
07/01/48
 
4,143
4,393,978
City of San Antonio Texas Electric & Gas Systems
Revenue, Refunding RB, Series A, 5.50%, 02/01/50
 
1,610
1,779,801
Tarrant County Cultural Education Facilities Finance
Corp., RB, 5.00%, 11/15/51
 
2,540
2,689,823
 
 
8,863,602
Schedule of Investments
6
Schedule of Investments (unaudited)(continued)
October 31, 2024
BlackRock MuniYield Quality Fund II, Inc. (MQT)
(Percentages shown are based on Net Assets)
Security
 
Par
(000)
Value
Virginia — 1.2%
Hampton Roads Transportation Accountability
Commission, RB, Series A, 4.00%, 07/01/57
$
3,280
$   3,148,528
Total Municipal Bonds Transferred to Tender Option Bond
Trusts — 38.6%
(Cost: $94,397,367)
98,085,850
Total Long-Term Investments — 151.0%
(Cost: $368,733,300)
383,387,489
 
 
 
 
Shares
 
Short-Term Securities
Money Market Funds — 1.0%
BlackRock Liquidity Funds, MuniCash, Institutional
Shares, 3.19%(j)(k)
 
2,427,798
2,428,041
Total Short-Term Securities — 1.0%
(Cost: $2,427,991)
2,428,041
Total Investments — 152.0%
(Cost: $371,161,291)
385,815,530
Other Assets Less Liabilities — 1.0%
2,567,303
Liability for TOB Trust Certificates, Including Interest Expense and
Fees Payable — (22.0)%
(55,933,104
)
VMTP Shares at Liquidation Value, Net of Deferred Offering Costs —
(31.0)%
(78,600,000
)
Net Assets Applicable to Common Shares — 100.0%
$ 253,849,729
 
(a)
Variable rate security. Interest rate resets periodically. The rate shown is the effective
interest rate as of period end. Security description also includes the reference rate and
spread if published and available.
(b)
Security exempt from registration pursuant to Rule 144A under the Securities Act of 1933,
as amended. These securities may be resold in transactions exempt from registration to
qualified institutional investors.
(c)
Step coupon security. Coupon rate will either increase (step-up bond) or decrease (step-
down bond) at regular intervals until maturity. Interest rate shown reflects the rate currently
in effect.
(d)
Zero-coupon bond.
(e)
Represent bonds transferred to a TOB Trust in exchange of cash and residual certificates
received by the Fund. These bonds serve as collateral in a secured borrowing.
(f)
Issuer filed for bankruptcy and/or is in default.
(g)
Non-income producing security.
(h)
U.S. Government securities held in escrow, are used to pay interest on this security as
well as to retire the bond in full at the date indicated, typically at a premium to par.
(i)
When-issued security.
(j)
Affiliate of the Fund.
(k)
Annualized 7-day yield as of period end.
Affiliates
Investments in issuers considered to be affiliate(s) of the Fund during the period ended October 31, 2024 for purposes of Section 2(a)(3) of the Investment Company Act of 1940, as amended, were as follows: 
Affiliated Issuer
Value at
07/31/24
Purchases
at Cost
Proceeds
from Sales
Net
Realized
Gain (Loss)
Change in
Unrealized
Appreciation
(Depreciation)
Value at
10/31/24
Shares
Held at
10/31/24
Income
Capital Gain
Distributions
from
Underlying
Funds
BlackRock Liquidity Funds, MuniCash, Institutional Shares
$ 604,235
$ 1,823,805
(a)
$ —
$ —
$ 1
$ 2,428,041
2,427,798
$ 23,347
$ —
 
(a)
Represents net amount purchased (sold).
Fair Value Hierarchy as of Period End
Various inputs are used in determining the fair value of financial instruments at the measurement date. These inputs to valuation techniques are categorized into a fair value hierarchy consisting of three broad levels for financial reporting purposes as follows: 
• Level 1 – Unadjusted price quotations in active markets/exchanges that the Fund has the ability to access for identical assets or liabilities;
• Level 2 – Inputs other than quoted prices included within level 1 that are observable for the asset or liability, either directly or indirectly; and
• Level 3 – Inputs that are unobservable and significant to the  entire fair value measurement for the asset or liability (including the Valuation Committee’s assumptions used in determining the fair value of financial instruments).
The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to unobservable inputs (Level 3 measurements). Accordingly, the degree of judgment exercised in determining fair value is greatest for instruments categorized in Level 3. The inputs used to measure fair value may fall into different levels of the fair value hierarchy.  In such cases, for disclosure purposes, the fair value hierarchy classification is determined based on the lowest level input that is significant to the fair value measurement in its entirety. Investments classified within Level 3 have significant unobservable inputs used by the Valuation Committee in determining the price for Fair Valued Investments. Level 3 investments include equity or debt issued by privately held companies or funds. There may not be a secondary market, and/or there are a limited number of investors. The categorization of a value determined for financial instruments is based on the
7
Schedule of Investments (unaudited)(continued)
October 31, 2024
BlackRock MuniYield Quality Fund II, Inc. (MQT)
 
Fair Value Hierarchy as of Period End (continued)
pricing transparency of the financial instruments and is not necessarily an indication of the risks associated with investing in those securities. For information about the Fund’s policy regarding valuation of financial instruments, refer to its most recent financial statements.
The following table summarizes the Fund’s financial instruments categorized in the fair value hierarchy.  The breakdown of the Fund’s financial instruments into major categories is disclosed in the Schedule of Investments above. 
 
Level 1
Level 2
Level 3
Total
Assets
Investments 
Long-Term Investments 
Municipal Bonds
$ —
$ 285,301,639
$ —
$ 285,301,639
Municipal Bonds Transferred to Tender Option Bond Trusts
—
98,085,850
—
98,085,850
Short-Term Securities 
Money Market Funds
2,428,041
—
—
2,428,041
 
$2,428,041
$383,387,489
$—
$385,815,530
The Fund may hold assets and/or liabilities in which the fair value approximates the carrying amount for financial reporting purposes. As of period end, such assets and/or liabilities are categorized within the fair value hierarchy as follows: 
 
Level 1
Level 2
Level 3
Total
Liabilities
TOB Trust Certificates
$—
$(55,557,991
)
$—
$(55,557,991
)
VMTP Shares at Liquidation Value
—
(78,600,000
)
—
(78,600,000
)
 
$—
$(134,157,991
)
$—
$(134,157,991
)
 
Portfolio Abbreviation 
AGM
 Assured Guaranty Municipal Corp.
AMT
 Alternative Minimum Tax
ARB
 Airport Revenue Bonds
BAM
 Build America Mutual Assurance Co.
BAM-TCRS
 Build America Mutual Assurance Co. - Transferable
Custodial Receipts
CAB
 Capital Appreciation Bonds
FHLMC
 Federal Home Loan Mortgage Corp.
FNMA
 Federal National Mortgage Association
GNMA
 Government National Mortgage Association
GO
 General Obligation Bonds
GOL
 General Obligation Ltd.
GTD
 GTD Guaranteed
M/F
 Multi-Family
NPFGC
 National Public Finance Guarantee Corp.
PSF-GTD
 Permanent School Fund Guaranteed
RB
 Revenue Bond
S/F
 Single-Family
SAB
 Special Assessment Bonds
SAW
 State Aid Withholding
TA
 Tax Allocation
Schedule of Investments
8