# BLACKROCK MUNICIPAL INCOME QUALITY TRUST — merger/definitive [pending]
Source: SEC API (secapi.ai) · situation sit_dc3c983062d651a7a95d · retrieved 2026-08-11T16:12:01.895Z

## Overview
BlackRock Advisors, LLC manages closed-end municipal income funds that invest in municipal securities.

BlackRock Advisors, LLC announced the completion of reorganizations involving seven closed-end municipal funds. 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 shares of the survivor fund 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.

## Terms
- Consideration: stock

## Key dates
- Announced 2026-02-10

## Timeline
- 2026-02-10 · 425 (0001193125-26-043131): 425 - BLACKROCK MUNICIPAL INCOME QUALITY TRUST — *BlackRock Advisors, LLC manages closed-end municipal income funds that invest in municipal securities.* BlackRock Advisors, LLC announced the completion of reorganizations involving seven closed-end municipal funds. 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 shares of the survivor fund 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.
  https://www.sec.gov/Archives/edgar/data/1181187/0001193125-26-043131.txt

## Citations
- 0001193125-26-043131 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000119312526043131