M&A - BLACKROCK MUNIVEST FUND II, INC.

Form Type: 425

Filing Date: 2025-06-09

Corporate Action: Merger

Type: New

Accession Number: 000119312525137847

Filing Summary: BlackRock Advisors, LLC announced that the Boards of Directors/Trustees of several closed-end funds have approved a series of reorganizations and mergers aimed at delivering significant scale benefits to municipal closed-end fund (CEF) shareholders. The reorganizations will lead to a consolidation of 16 municipal CEFs into six acquiring funds. Key reorganizations include the merger of BlackRock Long-Term Municipal Advantage Trust into BlackRock MuniAssets Fund, the reorganization of several trusts into BlackRock MuniYield Quality Fund, and the combination of other municipal income trusts into BlackRock MuniHoldings Fund. The shareholder meeting for the final approvals of these reorganizations is scheduled for October 15, 2025. The completion of these transactions is contingent upon various shareholder approvals and the fulfillment of customary closing conditions. Additional details regarding the investment objectives, risks, and other important information will be provided in a definitive Proxy Statement and Proxy Statement/Prospectus, which have not yet been filed with the SEC.