# BLACKROCK MUNIYIELD NEW YORK QUALITY FUND, INC. (MYN) — merger/definitive [pending]
Source: SEC API (secapi.ai) · situation sit_22f1a5fbfa1534f580da · retrieved 2026-08-11T15:52:20.052Z

## Overview
BlackRock MuniYield New York Quality Fund, Inc. is a closed-end municipal bond fund that invests in New York municipal securities.

BlackRock Advisors, LLC announced the completion of multiple closed-end fund reorganizations and mergers: BlackRock California Municipal Income Trust (BFZ) merged into BlackRock MuniHoldings California Quality Fund, Inc. (MUC); BlackRock New York Municipal Income Trust (BNY) and BlackRock MuniHoldings New York Quality Fund, Inc. (MHN) merged into BlackRock MuniYield New York Quality Fund, Inc. (MYN); and BlackRock MuniHoldings Quality Fund II, Inc. (MUE), BlackRock Municipal Income Trust (BFK), BlackRock Municipal Income Quality Trust (BYM), and BlackRock Municipal Income Trust II (BLE) merged into BlackRock MuniHoldings Fund, Inc. (MHD). Common shareholders of each acquired fund received survivor fund common shares equal to the aggregate NAV of their holdings as determined at the close of business on February 6, 2026, with fractional shares paid in cash. Preferred shareholders received survivor fund preferred shares on a one-for-one basis equal to their liquidation preference. The reorganizations are expected to be non-taxable events. Each survivor fund adopted a Discount Management Program for 2026 that will trigger a minimum 5% share repurchase tender offer at 98% of NAV if the fund's common shares trade at an average daily discount to NAV greater than 10.00% during the measurement period of January 1, 2026 through September 30, 2026.

## Terms
- Consideration: stock

## Key dates
- Announced 2026-02-10

## Timeline
- 2026-02-10 · 425 (0001193125-26-043113): 425 - BLACKROCK MUNIYIELD NEW YORK QUALITY FUND, INC. — *BlackRock MuniYield New York Quality Fund, Inc. is a closed-end municipal bond fund that invests in New York municipal securities.* BlackRock Advisors, LLC announced the completion of multiple closed-end fund reorganizations and mergers: BlackRock California Municipal Income Trust (BFZ) merged into BlackRock MuniHoldings California Quality Fund, Inc. (MUC); BlackRock New York Municipal Income Trust (BNY) and BlackRock MuniHoldings New York Quality Fund, Inc. (MHN) merged into BlackRock MuniYield New York Quality Fund, Inc. (MYN); and BlackRock MuniHoldings Quality Fund II, Inc. (MUE), BlackRock Municipal Income Trust (BFK), BlackRock Municipal Income Quality Trust (BYM), and BlackRock Municipal Income Trust II (BLE) merged into BlackRock MuniHoldings Fund, Inc. (MHD). Common shareholders of each acquired fund received survivor fund common shares equal to the aggregate NAV of their holdings as determined at the close of business on February 6, 2026, with fractional shares paid in cash. Preferred shareholders received survivor fund preferred shares on a one-for-one basis equal to their liquidation preference. The reorganizations are expected to be non-taxable events. Each survivor fund adopted a Discount Management Program for 2026 that will trigger a minimum 5% share repurchase tender offer at 98% of NAV if the fund's common shares trade at an average daily discount to NAV greater than 10.00% during the measurement period of January 1, 2026 through September 30, 2026.
  https://www.sec.gov/Archives/edgar/data/882150/0001193125-26-043113.txt

## Citations
- 0001193125-26-043113 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000119312526043113