Reorganization Approval: BlackRock Advisors announced that shareholders approved the reorganization of BlackRock MuniVest Fund, Inc. and BlackRock MuniVest Fund II, Inc. into BlackRock MuniYield Quality Fund III, Inc., expected to be completed in February 2026.
Standalone Fund: The proposed reorganization of BlackRock MuniYield Michigan Quality Fund Inc. into MYI did not proceed due to insufficient votes, allowing MIY to continue as a standalone fund.
Non-Taxable Events: The reorganizations are anticipated to be non-taxable events for shareholders, based on the relative net asset values of the funds at the time of the reorganization.
Forward-Looking Statements: BlackRock cautions that forward-looking statements regarding the funds are subject to various risks and uncertainties, and actual results may differ significantly from those anticipated.
Wall Street analysts forecast MVT stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for MVT is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Analyst Rating
Wall Street analysts forecast MVT stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for MVT is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Buy
0 Hold
0 Sell
Current: 10.800
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Current: 10.800
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About MVT
BlackRock MuniVest Fund II, Inc. (the Fund) is a closed-end management investment company. The Fund focuses on investing at least 80% of its assets in municipal bonds exempt from United States (U.S.) federal income taxes. The Fund invests, under normal market conditions, at least 75% of its assets in municipal bonds that are rated investment grade or, if unrated, are deemed to be of comparable quality by the investment adviser at the time of investment and invests primarily in long-term municipal bonds with a maturity of more than ten years at the time of investment. The Fund may invest directly in such securities or synthetically through the use of derivatives. The Company invests in various sectors, such as transportation, utilities, health, state, tobacco, education, corporate and housing. The Fund’s investment advisor is BlackRock Advisors, LLC.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
