Blackrock Munivest Fund Ii, INC

Market Movers (8-K)

BlackRock MuniVest Fund II and Saba Capital Management have entered into a standstill agreement, limiting Saba's actions and requiring them to vote in line with the Fund's board recommendations until 2027.

Insider Trading (Form 4)

JPMorgan Chase & Co. and its subsidiary DNT Asset Trust reported the disposition of 777 Series W-7 Variable Rate Muni Term Preferred Shares of BlackRock MuniVest Fund II, Inc.
Worse than expected
Director Stayce D. Harris reports share exchange following BlackRock MuniVest Fund II's reorganization into BlackRock MuniYield Quality Fund III.
Director Michael Kalinoski exchanged shares of BlackRock MuniVest Fund II for shares of BlackRock MuniYield Quality Fund III following a fund reorganization.
BlackRock Advisors, LLC announced the completion of several municipal closed-end fund reorganizations and the adoption of a Discount Management Program for the survivor funds.
BlackRock announces a series of proposed reorganizations involving multiple municipal closed-end funds, subject to shareholder approval.
BlackRock announced that the Boards of Directors/Trustees of its closed-end funds have approved a series of reorganizations and mergers involving sixteen municipal closed-end funds into six acquiring funds, aiming to deliver significant scale benefits to shareholders.

Proxy Statements (Def-14A)

BlackRock MuniVest Fund II and related funds updated proxy statement voting requirements for common share issuances.
Capital raise
BlackRock MuniVest Fund II, Inc. is urging shareholders to contact its solicitor, Georgeson LLC, regarding an important investment matter before October 15, 2025.
BlackRock's MuniVest and MuniYield funds propose a merger to achieve lower expenses, enhanced trading, and a discount management program.
BlackRock's MuniVest Fund II, MuniYield Michigan Quality Fund, and MuniVest Fund propose to merge into MuniYield Quality Fund III to achieve economies of scale and operational efficiencies.
Capital raise
BlackRock Closed-End Funds will hold a virtual joint annual meeting on July 11, 2025, to seek shareholder approval for the election of Board Nominees.
BlackRock Closed-End Funds will hold a virtual joint annual meeting of shareholders on July 26, 2024, to vote on the election of Board Nominees.

Schedule 13D - Activist Investments

JPMorgan Chase & Co. and DNT Asset Trust have fully divested their Variable Rate Muni Term Preferred Shares in BlackRock Munivest Fund II, Inc.

Schedule 13G - Passive Investments

Sit Investment Associates, Inc. and its subsidiary, Sit Fixed Income Advisors II, LLC, have reported a 5.2% beneficial ownership stake in BlackRock MuniVest Fund II, Inc. as of September 30, 2025.