0001398344-23-022212.txt : 20231205 0001398344-23-022212.hdr.sgml : 20231205 20231205120110 ACCESSION NUMBER: 0001398344-23-022212 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20231205 DATE AS OF CHANGE: 20231205 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: BLACKROCK MUNIVEST FUND II, INC. CENTRAL INDEX KEY: 0000897269 IRS NUMBER: 223220659 STATE OF INCORPORATION: MD FISCAL YEAR END: 1031 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-84459 FILM NUMBER: 231465733 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: BLACKROCK MUNIVEST FUND II INC DATE OF NAME CHANGE: 20061026 FORMER COMPANY: FORMER CONFORMED NAME: MUNIVEST FUND II INC DATE OF NAME CHANGE: 19930714 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: RIVERNORTH CAPITAL MANAGEMENT, LLC CENTRAL INDEX KEY: 0001447578 IRS NUMBER: 271560688 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 360 S. ROSEMARY AVE STREET 2: SUITE 1420 CITY: WEST PALM BEACH STATE: FL ZIP: 33401 BUSINESS PHONE: 561-484-7185 MAIL ADDRESS: STREET 1: 360 S. ROSEMARY AVE STREET 2: SUITE 1420 CITY: WEST PALM BEACH STATE: FL ZIP: 33401 FORMER COMPANY: FORMER CONFORMED NAME: RIVERNORTH CAPITAL MANAGEMENT, INC. DATE OF NAME CHANGE: 20081009 SC 13G 1 fp0086164-1_sc13g.htm

 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

 

SCHEDULE 13G

 

INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO RULE 13d-1(b), (c), AND (d) AND AMENDMENTS THERETO FILED
PURSUANT TO RULE 13d-2(b)

 

(AMENDMENT NO. 0)*

 

BlackRock MuniVest Fund II, Inc.

(Name of Issuer)

 

Common

(Title of Class of Securities)

 

09253T101

(CUSIP Number)

 

Marcus Collins

RiverNorth Capital Management, LLC

360 S. Rosemary Avenue, Ste. 1420

West Palm Beach, Florida 33401

561-484-7185

(Name, Address and Telephone Number of Person

Authorized to Receive Notices and Communications)

 

November 30, 2023

(Date of Event which Requires Filing of this Statement)

 

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

 

[x] Rule 13d-1(b)
[  ] Rule 13d-1(c)
[  ] Rule 13d-1(d)

 

*The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.

 

The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 

CUSIP No. 09253T101   13G   Page 2 of 5 Pages

 

1.

NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

 
RIVERNORTH CAPITAL MANAGEMENT, LLC

 
2.

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(see instructions)

 

(a) [  ]

(b) [  ]

3.

SEC USE ONLY

 

 
4. CITIZENSHIP OR PLACE OF ORGANIZATION
 DELAWARE
 
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
5.

SOLE VOTING POWER

 

2,090,201

6.

SHARED VOTING POWER

 

None

7.

SOLE DISPOSITIVE POWER

 

2,090,201

8.

SHARED DISPOSITIVE POWER

 

None

9.

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

2,090,201

 
10.

CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

(see instructions) [  ]

 

 
11.

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

10.02%

 
12.

TYPE OF REPORTING PERSON (see instructions)

 

IA

 

 

CUSIP No. 09253T101   13G   Page 3 of 5 Pages

 

Item 1. (a)

Name of Issuer

BlackRock MuniVest Fund II, Inc.

     
  (b)

Address of Issuer’s Principal Executive Offices

100 Bellevue Parkway

Wilmington, Delaware 19809

 

Item 2. (a)

Name of Person Filing

RiverNorth Capital Management, LLC

     
  (b)

Address of the Principal Office or, if none, residence

360 S. Rosemary Avenue, Ste. 1420

West Palm Beach, Florida 33401

     
  (c)

Citizenship

Delaware

     
  (d)

Title of Class of Securities

Common

     
  (e)

CUSIP Number

09253T101

 

Item 3. If this statement is filed pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a: 

  (a) [  ] Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o).
       
  (b) [  ] Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).
       
  (c) [  ] Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c).
       
  (d) [  ] Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8).
       
  (e) [x] An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E);
       
  (f) [  ] An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F);
       
  (g) [  ] A parent holding company or control person in accordance with §240.13d-1(b)(1)(ii)(G);
       
  (h) [  ] A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
       
  (i) [  ]

A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);

 

CUSIP No. 09253T101   13G   Page 4 of 5 Pages

 

  (j) [  ] Group, in accordance with §240.13d-1(b)(1)(ii)(J).

 

Item 4. Ownership.

 

Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.

 

(a) Amount beneficially owned: 2,090,201
(b) Percent of class: 10.02%
(c) Number of shares as to which the person has:  
  (i) Sole power to vote or to direct the vote: 2,090,201
  (ii) Shared power to vote or to direct the vote: None
  (iii) Sole power to dispose or to direct the disposition of: 2,090,201
  (iv) Shared power to dispose or to direct the disposition of: None

 

Item 5. Ownership of Five Percent or Less of a Class.

 

If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following [  ].

Instruction. Dissolution of a group requires a response to this item.

 

Item 6. Ownership of More than Five Percent on Behalf of Another Person.

 

Other persons have the right to receive the proceeds from the sale of the securities reported herein.

 

Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company.

 

Not applicable.

 

Item 8. Identification and Classification of Members of the Group.

 

Not applicable.

 

Item 9. Notice of Dissolution of Group.

 

Not applicable.

 

CUSIP No. 09253T101   13G   Page 5 of 5 Pages

 

Item 10. Certification.

 

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.

 

Signature

 

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

 

  RiverNorth Capital Management, LLC  
       
  By: /s/ Marcus Collins  
  Name: Marcus Collins  
  Title: General Counsel and Chief Compliance Officer  
       
  Date: December 5, 2023