BlackRock Announces Special Distributions Related to the Reorganization of Four Municipal Closed-End Funds
NEW YORK--(BUSINESS WIRE)--BlackRock Advisors, LLC today announced the declaration of a special distribution for The BlackRock Strategic Municipal Trust (NYSE: BSD), BlackRock MuniYield Investment Quality Fund (NYSE: MFT), BlackRock Municipal Income Investment Trust (NYSE: BBF), and BlackRock Municipal Income Trust II (NYSE: BLE and collectively with BSD, MFT and BBF, the “Funds,” and each, a “Fund”) in connection with the reorganizations of BSD, MFT, and BBF into BLE, with BLE continuing (the “Combined Fund”) as the surviving Fund (the “Reorganizations”).
With respect to each of the Funds, the special distribution declared today represents undistributed net investment income earne
