# BLACKROCK MUNIYIELD QUALITY FUND II, INC. — merger/definitive [completed]
Source: SEC API (secapi.ai) · situation sit_9a75b72a599691d61659 · retrieved 2026-08-11T16:14:35.856Z

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

BlackRock Advisors, LLC announced the completion of three municipal closed-end fund reorganizations on February 23, 2026. BlackRock Long-Term Municipal Advantage Trust (BTA) reorganized into BlackRock MuniAssets Fund, Inc. (MUA); BlackRock MuniVest Fund, Inc. (MVF) and BlackRock MuniVest Fund II, Inc. (MVT) reorganized into BlackRock MuniYield Quality Fund III, Inc. (MYI); and BlackRock MuniYield Fund, Inc. (MYD), BlackRock MuniYield Quality Fund II, Inc. (MQT), and BlackRock Investment Quality Municipal Trust, Inc. (BKN) reorganized into BlackRock MuniYield Quality Fund, Inc. (MQY). Common shareholders of each acquired fund received survivor fund shares equal to the aggregate NAV of their holdings as of February 20, 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. Each survivor fund adopted a Discount Management Program for 2026 that will trigger a minimum 5% share repurchase at 98% of NAV if the fund's common shares trade at an average daily discount to NAV exceeding 10% during the January 1 – September 30, 2026 measurement period.

## Terms
- Counterparty: BlackRock Advisors, LLC · Consideration: stock

## Key dates
- Announced 2026-02-23 · Record 2026-02-20 · Expiry 2026-09-30 · Completed 2026-02-23

## Timeline
- 2026-02-23 · 425 (0001193125-26-064386): 425 - BLACKROCK MUNIYIELD QUALITY FUND II, INC. — *BlackRock MuniYield Quality Fund II, Inc. is a closed-end municipal bond fund that invests in investment-grade municipal securities.* BlackRock Advisors, LLC announced the completion of three municipal closed-end fund reorganizations on February 23, 2026. BlackRock Long-Term Municipal Advantage Trust (BTA) reorganized into BlackRock MuniAssets Fund, Inc. (MUA); BlackRock MuniVest Fund, Inc. (MVF) and BlackRock MuniVest Fund II, Inc. (MVT) reorganized into BlackRock MuniYield Quality Fund III, Inc. (MYI); and BlackRock MuniYield Fund, Inc. (MYD), BlackRock MuniYield Quality Fund II, Inc. (MQT), and BlackRock Investment Quality Municipal Trust, Inc. (BKN) reorganized into BlackRock MuniYield Quality Fund, Inc. (MQY). Common shareholders of each acquired fund received survivor fund shares equal to the aggregate NAV of their holdings as of February 20, 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. Each survivor fund adopted a Discount Management Program for 2026 that will trigger a minimum 5% share repurchase at 98% of NAV if the fund's common shares trade at an average daily discount to NAV exceeding 10% during the January 1 – September 30, 2026 measurement period.
  https://www.sec.gov/Archives/edgar/data/887394/0001193125-26-064386.txt
- 2026-02-23 · 25-NSE (0000876661-26-000154): 25-NSE
  https://www.sec.gov/Archives/edgar/data/887394/000087666126000154/xslF25X02/primary_doc.xml

## Citations
- 0001193125-26-064386 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000119312526064386
- 0000876661-26-000154 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000087666126000154