BlackRock MuniVest Fund II, Inc. Announces Distribution, Payable on July 1, 2016
June 01, 2016 at 05:00 pm EDT
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BlackRock MuniVest Fund II, Inc. announced distribution of $0.079000 per share. The distribution will be payable on July 1, 2016 to the shareholders of record on June 15, 2016. Ex-date is June 13, 2016.
BlackRock MuniVest Fund II, Inc. (the Fund) is a closed-end management investment company. The Fund focuses on investing at least 80% of its assets in municipal bonds exempt from United States (U.S.) federal income taxes. The Fund invests, under normal market conditions, at least 75% of its assets in municipal bonds that are rated investment grade or, if unrated, are deemed to be of comparable quality by the investment adviser at the time of investment and invests primarily in long-term municipal bonds with a maturity of more than ten years at the time of investment. The Fund may invest directly in such securities or synthetically through the use of derivatives. The Company invests in various sectors, such as transportation, utilities, health, state, tobacco, education, corporate and housing. The Fundâs investment advisor is BlackRock Advisors, LLC.