BlackRock MuniHoldings Quality Fund II, Inc. Reports Earnings Results for the Half Year Ended January 31, 2024
April 03, 2024 at 12:21 pm EDT
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BlackRock MuniHoldings Quality Fund II, Inc. reported earnings results for the half year ended January 31, 2024. For the half year, the company reported net income was USD 8.17 million.
BlackRock MuniHoldings Quality Fund II, Inc. (the Trust) is a closed-end management investment company. The Trust's investment objective is to provide shareholders with current income exempt from United States (U.S.) federal income taxes. The Trust seeks to achieve its investment objective by investing primarily in long-term, investment grade municipal obligations exempt from U.S. federal income taxes (except that the interest may be subject to the U.S. federal alternative minimum tax). Under normal market conditions, the Trust invests at least 80% of its assets in municipal obligations with remaining maturities of one year or more at the time of investment. The Trust may invest directly in securities or synthetically through the use of derivatives. The Trust invests in various sectors, such as transportation, county/city/special district/school district, health, state, utilities, education, corporate, housing and tobacco. The Trust's investment manager is BlackRock Advisors, LLC.