BlackRock Announces Special Distributions Related to the Reorganization of Five Municipal Closed-End Funds - Seite 2

It is currently expected that the Reorganizations will be completed by the open of business on the New York Stock Exchange on March 8, 2021, subject to the satisfaction of customary closing conditions. To facilitate the Merger, all shares of BAF, BBK, MUH, and MUS will cease trading on the NYSE as of market close on Friday, March 5, 2021. Each Reorganization, if completed, would occur based on the relative net asset values of the common shares of the applicable Funds. In addition, holders of Variable Rate Muni Term Preferred Shares (“VMTP Shares”) of each of BAF, BBK, MUH and MUS would receive on a one-for-one basis VMTP Shares of MHD in an amount equal to the aggregate VMTP Share liquidation preference (including any accumulated and unpaid dividends) held by holders of BAF, BBK, MUH and MUS VMTP Shares immediately prior to the Reorganizations.

Distribution details are as follows:

Declaration- 2/19/2021 Ex-Date- 3/2/2021 Record- 3/3/2021 Payable- 4/1/2021

Fund				Ticker		Per-Share Distribution
BlackRock Municipal Income Investment Quality Trust				BAF		$0.0983920
BlackRock Municipal Bond Trust				BBK		$0.1626810
BlackRock MuniHoldings Fund II, Inc.				MUH		$0.1121720
BlackRock MuniHoldings Quality Fund, Inc.				MUS		$0.1038750
BlackRock MuniHoldings Fund, Inc				MHD		$0.0605000

This communication is not intended to, and shall not, constitute an offer to purchase or sell shares of any of the BlackRock funds, including MHD, the surviving Fund in the Reorganizations.

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