BLE: Too Much Interest Rate Risk For Me

BlackRock Municipal Income Trust II (BLE) offers a tax-free yield of around 5.5%, focusing on long-term, investment-grade municipal bonds with significant interest rate risk. BLE employs leverage and selective holdings, minimizing credit risk but exposing investors to price declines if interest rates rise further. The fund's yield is partially inflated by return of capital, so the true income is lower than the headline figure, though still attractive for high-tax investors.

Seeking Alpha • Sep 30, 2025

BlackRock Announces Board Approval of Closed-End Fund Reorganizations

NEW YORK--(BUSINESS WIRE)---- $BFK--BlackRock Advisors, LLC announced today that each of the Boards of Directors/Trustees of each of the closed-end funds named below (each, a “Fund” and collectively, the “Funds”) has approved the following reorganizations (each, a “Reorganization” and collectively, the “Reorganizations), as applicable: BlackRock Municipal Income Trust II (NYSE: BLE), BlackRock Municipal Income Quality Trust (NYSE: BYM) and BlackRock Municipal Income Trust (NYSE: BFK) into BlackRock Muni.

Business Wire • Jan 21, 2025

Certain BlackRock Municipal Closed-End Funds Announce Variable Rate Muni Term Preferred Shares Actions

NEW YORK--(BUSINESS WIRE)--BlackRock Advisors, LLC today announced BlackRock Municipal Income Trust (NYSE: BFK), BlackRock Investment Quality Municipal Trust, Inc. (NYSE: BKN), BlackRock Municipal Income Trust II (NYSE: BLE), BlackRock Municipal Income Quality Trust (NYSE: BYM), BlackRock MuniHoldings Fund, Inc. (NYSE: MHD), BlackRock MuniYield Quality Fund II, Inc. (NYSE: MQT), BlackRock MuniHoldings Quality Fund II, Inc. (NYSE: MUE), BlackRock MuniVest Fund, Inc. (NYSE: MVF), and BlackRock MuniVest Fund II, Inc. (NYSE: MVT) (collectively, the “Funds”) intend to redeem a portion of their outstanding Series W-7 Variable Rate Muni Term Preferred Shares (“VMTP Shares”) on or about November 24, 2023, at a redemption price equal to the liquidation preference of $100,000 per share, together with accumulated and unpaid dividends through the day prior to the redemption date. Shareholders are expected to benefit from lower expenses as a result of the redemptions.

Business Wire • Nov 2, 2023

Municipal Closed-End Funds: Near-Term Pain, Long-Term Gain?

Municipal Closed-End Funds: Near-Term Pain, Long-Term Gain?.

Seeking Alpha • Apr 26, 2023

CORRECTING and REPLACING BlackRock Closed-End Fund Share Repurchase Program Update

NEW YORK--(BUSINESS WIRE)--Please replace the release dated April 11, 2023, with the following corrected version due to changes in the table, "Summary of share repurchase activity since Repurchase Program inception as of March 31, 2023".

Business Wire • Apr 14, 2023

BlackRock Announces Fiscal Year End Changes for Certain Municipal Closed-End Funds

NEW YORK--(BUSINESS WIRE)--BlackRock Advisors, LLC (“BlackRock”) announced today a change to the fiscal year end (“FYE”) for each Fund listed below. These changes were made to reduce operating costs for the Funds and will be effective as of July 31, 2022. Ticker (NYSE) Fund Current FYE New FYE BKN BlackRock Investment Quality Municipal Trust, Inc. 4/30 7/31 BTA BlackRock Long-Term Municipal Advantage Trust 4/30 7/31 MUA BlackRock MuniAssets Fund, Inc. 4/30 7/31 MUI BlackRock Municipal Income Fu

Business Wire • Jun 3, 2022

BlackRock Announces Results of Shareholder Vote at Adjourned Joint Special Shareholder Meeting Relating to the Reorganizations of Four Municipal Closed-End Funds

NEW YORK--(BUSINESS WIRE)--BlackRock Advisors, LLC announced today that, at a joint special meeting of shareholders (the “Meeting”) of The BlackRock Strategic Municipal Trust (NYSE: BSD), BlackRock MuniYield Investment Quality Fund (NYSE: MFT) and BlackRock Municipal Income Trust II (NYSE: BLE), the requisite votes of shareholders of BSD, MFT and BLE have approved the reorganization of each of BSD and MFT with and into BLE, with BLE continuing as the surviving fund, and the transactions contemp

Business Wire • Jan 21, 2021

BlackRock Announces Results of Joint Special Shareholder Meeting Relating to the Reorganizations of Four Municipal Closed-End Funds

NEW YORK--(BUSINESS WIRE)--BlackRock Advisors, LLC announced today that, at a joint special meeting of shareholders (the “Meeting”) of 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”), the requisite vote of shareholders of BBF have approved the reorganizatio

Business Wire • Dec 15, 2020

Arbitrage Opportunities In BlackRock Muni Closed-End Fund Reorganizations

Arbitrage Opportunities In BlackRock Muni Closed-End Fund Reorganizations

Seeking Alpha • Jul 7, 2020

Buy What the Fed is Buying

Through the special vehicles with credit guarantees from the Treasury, the Federal Reserve is making massive buys of US corporate and municipal bonds. The post Buy What the Fed is Buying appeared first on InvestorPlace.

InvestorPlace • May 14, 2020