M&A - BLACKROCK MUNIYIELD NEW YORK QUALITY FUND, INC.
Form Type: 425
Filing Date: 2025-06-09
Corporate Action: Merger
Type: New
Accession Number: 000119312525137846
Filing Summary: On June 9, 2025, 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 providing scale benefits to shareholders of municipal closed-end funds. These reorganizations include the merging of BlackRock New York Municipal Income Trust and BlackRock MuniHoldings New York Quality Fund into BlackRock MuniYield New York Quality Fund. The plan involves the reorganization of sixteen municipal closed-end funds into six acquiring funds, with a shareholder meeting scheduled for October 15, 2025. The completion of these reorganizations is subject to approvals from both common and preferred shareholders of each fund as well as customary closing conditions. Further documents related to these reorganizations will be filed with the SEC, and shareholders are advised to read these documents carefully when available.
Additional details:
Subject Company: BlackRock New York Municipal Income Trust
Target Funds: ["BlackRock New York Municipal Income Trust","BlackRock MuniHoldings New York Quality Fund"]
Acquiring Funds: BlackRock MuniYield New York Quality Fund, Inc.
Shareholder Meeting Date: 2025-10-15
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