Data as of

August 31, 2022

Closed-End Municipal Funds

Economic

Latest

3 Month

Distribution

3 Month

Leverage

Declared

Avg Earned

Coverage

Avg UNII

Through VRDP,

Through

Ticker

Distribution1

Rate2

Ratio3

Balance4

or VMTP (%)5

TOBs (%)6

National

BlackRock Municipal Income Fund

MUI

0.054000

0.043031

79.7%

(0.009302)

32.8%

10.7%

BlackRock MuniAssets Fund

MUA

0.045500

0.046525

102.3%

(0.018580)

25.7%

6.2%

BlackRock MuniHoldings Fund

MHD

0.060500

0.048465

80.1%

0.017537

28.0%

13.0%

BlackRock MuniHoldings Quality Fund II

MUE

0.052500

0.039628

75.5%

(0.002730)

29.7%

10.9%

BlackRock MuniVest Fund

MVF

0.033500

0.026738

79.8%

(0.005062)

28.5%

11.0%

BlackRock MuniVest Fund II

MVT

0.050000

0.041001

82.0%

(0.039415)

30.8%

11.3%

BlackRock MuniYield Fund

MYD

0.051500

0.043108

83.7%

(0.041074)

26.9%

12.0%

BlackRock MuniYield Quality Fund III

MYI

0.051500

0.044560

86.5%

0.035328

24.6%

16.7%

BlackRock MuniYield Quality Fund

MQY

0.056000

0.052464

93.7%

(0.028617)

27.5%

12.8%

BlackRock MuniYield Quality Fund II

MQT

0.054000

0.043853

81.2%

0.000426

25.6%

15.8%

BlackRock Long-Term Municipal Advantage Trust

BTA

0.054500

0.047085

86.4%

0.067468

30.1%

12.9%

BlackRock Municipal Income Quality Trust

BYM

0.058000

0.046115

79.5%

(0.010419)

24.2%

15.7%

BlackRock Municipal Income Trust II

BLE

0.052000

0.045534

87.6%

(0.053052)

30.0%

11.4%

BlackRock Municipal Income Trust

BFK

0.046500

0.039646

85.3%

(0.056399)

30.4%

10.8%

BlackRock Investment Quality Municipal Trust

BKN

0.068000

0.050592

74.4%

(0.019819)

31.2%

10.9%

BlackRock Municipal Target Term Trust

BTT

0.062400

0.064019

102.6%

0.421493

28.3%

8.6%

California

BlackRock MuniHoldings CA Quality Fund

MUC

0.055000

0.040764

74.1%

(0.006544)

24.8%

16.4%

BlackRock CA Municipal Income Trust

BFZ

0.043000

0.036671

85.3%

0.053339

25.6%

14.9%

Michigan

BlackRock MuniYield Michigan Quality Fund, Inc.

MIY

0.056000

0.043149

77.1%

0.013433

35.2%

6.3%

New Jersey

BlackRock MuniHoldings New Jersey Quality Fund, Inc.

MUJ

0.063000

0.047674

75.7%

(0.029793)

34.5%

6.7%

New York

BlackRock MuniHoldings New York Quality Fund, Inc.

MHN

0.044500

0.041544

93.4%

(0.035065)

37.2%

5.6%

BlackRock MuniYield New York Quality Fund, Inc.

MYN

0.040500

0.039659

97.9%

(0.026917)

32.4%

7.6%

BlackRock New York Municipal Income Trust

BNY

0.046500

0.042944

92.4%

(0.040683)

34.7%

8.7%

Pennsylvania

BlackRock MuniYield Pennsylvania Quality Fund

MPA

0.055000

0.043432

79.0%

(0.013867)

27.8%

12.2%

Virginia

BlackRock Virginia Municipal Bond Trust

BHV

0.045500

0.035430

77.9%

(0.030822)

33.2%

8.6%

Taxable

BlackRock Build America Bond

BBN

0.122900

0.092378

75.2%

(0.106797)

33.9%

0.0%

  1. Not reflected in 3-month average UNII ending balances.
  2. Represents estimated Average Earned Income per share over the past three months, as of 8/31/22
  3. Distribution Coverage Ratio is calculated by dividing 3 Month Avg. Earned Rate. by the Latest Declared Distribution
  4. Represents an Estimate of Average Undistributed Net Investment Income balance over the past three months, as of 8/31/22
  5. Represents % of Total Assets represented by variable rate demand preferred shares, variable muni term preferred shares or auction rate preferred shares outstanding, as of 8/31/22
  6. Represents % of Total Assets represented by economic exposure to investment securities through municipal tender option bonds, as of 8/31/22

In tax-exempt funds, income may be subject to state and local taxes, as well as the alternative federal minimum tax.

Capital gains, if any, will be subject to taxes. Income for state specific funds may be exempt from state and local taxes for in-state residents only. The information provided is not tax or investment advice. Each investor's tax and investment considerations may be different.

BlackRock does not provide tax advice. Distributions and yields may be affected by: 1) changes in the portfolio as when bonds paying higher interest rates are called or mature and are replaced by bonds paying lower current interest rates and 2) in the case of leveraged funds, by changes in the variable rate paid by the fund for leverage. Current year distributions are not classified as "Income", "Short-Term Capital Gains", "Long Term Capital Gains",

or "Return of Capital" until calendar year-end and may be paid from non-income sources such as return of capital. Note that closed-end funds often trade at a discount to NAV but may trade at a premium.

All other information is reported by BlackRock as of August 31, 2022. Past performance is no guarantee of future results. The price of fund shares will fluctuate so they may be worth more or less than their original cost.

There is no assurance that a fund will meet its investment objective. The information contained herein represents past performance and is no guarantee of future. results; current performance may be lower or higher than indicated here. Please visit www.blackrock.com for the most up to date information about the funds.

All investors should consider the investment objectives, risks, charges and expenses of the funds carefully before investing. The prospectus for each fund currently offering its securities contains this and other important information about the applicable fund currently offering its securities. Investors can obtain a prospectus for any fund currently offering its securities by calling 800-882-0052. All investors are urged to carefully read the prospectus of any such fund in its entirety before investing. There is no assurance any fund will achieve its objectives. The information contained herein is not complete and may be changed. This document is not an offer to sell a fund's securities and is not soliciting an offer to buy a fund's securities in any jurisdiction where the offer or sale is not permitted.

USWAM0922U/S-2430939-1/1

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Disclaimer

BlackRock Municipal Income Trust II published this content on 31 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 22 September 2022 11:49:09 UTC.