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4 - BLACKROCK MUNIYIELD NEW JERSEY FUND, INC. (0000884216) (Issuer)
4 - BLACKROCK MUNIYIELD NEW JERSEY FUND, INC. (0000884216) (Issuer)
4 - BLACKROCK MUNIYIELD NEW JERSEY FUND, INC. (0000884216) (Issuer)
BlackRock Advisors, LLC today announced the reorganization of BlackRock MuniYield New Jersey Fund, Inc. (NYSE:MYJ) with and into BlackRock MuniHoldings New Jersey Quality Fund, Inc. (NYSE:MUJ, the "Funds, " and each, a "Fund"))) (the "Reorganization") is effective as of the opening for business of the New York Stock Exchange on Monday, April 11, 2022. In the Reorganization, common shareholders of MYJ received an amount of MUJ common shares equal to the aggregate net asset value of their holdings of MYJ common shares as determined at the close of business on April 8, 2022. Fractional shares of MUJ common shares were not issued in the Reorganization and consequently cash will be distributed
BlackRock Advisors, LLC today announced the declaration of a special distribution for BlackRock MuniYield New Jersey Fund, Inc. (NYSE:MYJ) and an early declaration for BlackRock MuniHoldings New Jersey Quality Fund, Inc. (NYSE:MUJ, the "Funds, " and each, a "Fund"))) in connection with the reorganization of MYJ into MUJ, with MUJ continuing (the "Combined Fund") as the surviving Fund (the "Reorganization"). With respect to MYJ, the special distribution declared today represents undistributed net investment income earned through the effective date of the Reorganization. In order to maintain status as a regulated investment company and to avoid the imposition of a corporate level income tax,
BlackRock Advisors, LLC announced today that, at a joint special meeting of shareholders (the "Meeting") of BlackRock MuniYield New Jersey Fund, Inc. (NYSE:MYJ) and BlackRock MuniHoldings New Jersey Quality Fund, Inc. (NYSE:MUJ, the "Funds, " and each, a "Fund"))), the requisite vote of shareholders of each Fund have approved the reorganization of MYJ with and into MUJ, with MUJ continuing as the surviving Fund, and the transactions contemplated thereby (the "Reorganization"). It is currently expected that the Reorganization will be completed in the beginning of the second quarter of 2022, subject to the satisfaction of customary closing conditions. The Reorganization, if completed, would
SC 13G/A - BLACKROCK MUNIYIELD NEW JERSEY FUND, INC. (0000884216) (Subject)
25-NSE - BLACKROCK MUNIYIELD NEW JERSEY FUND, INC. (0000884216) (Subject)
N-CSRS - BLACKROCK MUNIYIELD NEW JERSEY FUND, INC. (0000884216) (Filer)
8-K - BLACKROCK MUNIYIELD NEW JERSEY FUND, INC. (0000884216) (Filer)
BlackRock Advisors, LLC today announced the declaration of a special distribution for BlackRock MuniYield New Jersey Fund, Inc. (NYSE:MYJ) and an early declaration for BlackRock MuniHoldings New Jersey Quality Fund, Inc. (NYSE:MUJ, the "Funds, " and each, a "Fund"))) in connection with the reorganization of MYJ into MUJ, with MUJ continuing (the "Combined Fund") as the surviving Fund (the "Reorganization"). With respect to MYJ, the special distribution declared today represents undistributed net investment income earned through the effective date of the Reorganization. In order to maintain status as a regulated investment company and to avoid the imposition of a corporate level income tax,
BlackRock Advisors, LLC announced today that, at a joint special meeting of shareholders (the "Meeting") of BlackRock MuniYield New Jersey Fund, Inc. (NYSE:MYJ) and BlackRock MuniHoldings New Jersey Quality Fund, Inc. (NYSE:MUJ, the "Funds, " and each, a "Fund"))), the requisite vote of shareholders of each Fund have approved the reorganization of MYJ with and into MUJ, with MUJ continuing as the surviving Fund, and the transactions contemplated thereby (the "Reorganization"). It is currently expected that the Reorganization will be completed in the beginning of the second quarter of 2022, subject to the satisfaction of customary closing conditions. The Reorganization, if completed, would
Certain BlackRock closed-end funds (the "Funds") announced distributions today as detailed below. BlackRock Resources & Commodities Strategy Trust (NYSE:BCX), BlackRock Enhanced Equity Dividend Trust (NYSE:BDJ), and BlackRock Energy and Resources Trust (NYSE:BGR) announced increases to their monthly distribution rate and several municipal Funds announced changes to their monthly distribution rates. Generally, these distribution changes were made in order to better align the applicable Fund's distribution rate with its current and projected level of earnings. Municipal Funds: Declaration- 3/1/2022 Ex-Date- 3/14/2022 Record- 3/15/2022 Payable- 4/1/2022