BlackRock Advisors, LLC announced that the Boards of Directors of BlackRock MuniYield New Jersey Fund, Inc. and BlackRock MuniHoldings New Jersey Quality Fund, Inc. (together, the Funds) have approved the reorganization of MYJ with and into MUJ, with MUJ continuing as the surviving Fund (the Reorganization). It is currently expected that the Reorganization will be completed in the first half of 2022, subject to the requisite approvals by each Funds shareholders and the satisfaction of customary closing conditions. Additional Information about the Reorganization and Where to Find It. The Funds and their respective directors, officers and employees, and BlackRock, and its shareholders, officers and employees and other persons may be deemed to be participants in the solicitation of proxies with respect to the Reorganization. Investors and shareholders may obtain more detailed information regarding the direct and indirect interests of the Funds' respective directors/trustees, officers and employees, and BlackRock and its shareholders, officers and employees and other persons by reading the Proxy Statement and the Proxy Statement/Prospectus when they are filed with the SEC.