BLACKROCK VIRGINIA MUNICIPAL BOND TRUST (BHV) is named in a Schedule 13D amendment updating ownership and fee-agreement disclosures for its Series W-7 variable rate demand preferred shares. Toronto Dominion Investments, Inc., Toronto Dominion Holdings USA Inc., TD Group US Holdings LLC, and Toronto Dominion Bank each report shared voting and dispositive power over 116 shares, representing 100% of the class. The same 116-share amount appears in each reporting-person table.
The VRDP Fee Agreement dated June 16, 2020 was amended by the Omnibus Amendment to Fee Agreements dated October 23, 2026, effective as of October 23, 2026.
BlackRock Virginia Municipal Bond Trust (BHV) reported a 7.21% one-year total return at NAV and 29.06% at market price for the period ended July 31, 2026; the Virginia Customized Reference Benchmark returned 5.22%. BHV said the fund moved from a discount to a premium during the period, accounting for the difference between market-price and NAV performance.
The fund's objective is current income exempt from regular federal and Virginia personal income taxes. Under normal market conditions, it invests at least 80% of managed assets in municipal bonds with those tax characteristics and at least 80% in investment-grade quality municipal bonds; it may invest directly or synthetically through derivatives. BHV reported leverage of 40% of total managed assets as of July 31, 2026, represented by VRDP Shares and tender option bond trusts. The report notes leverage can cause greater changes in NAV, market price and distribution rates than comparable unleveraged portfolios. The closing market price was $12.81, with a 4.26% yield and a current monthly distribution of $0.045500 per common share; the distribution rate may change. BHV's proposed reorganization into BlackRock MuniYield Quality Fund, Inc. did not occur because requisite shareholder approvals were not received.
BLACKROCK VIRGINIA MUNICIPAL BOND TRUST (BHV) reported that Francis C. Mahoney is a director of the trust in an initial ownership filing. The filing does not report any holdings of the trust’s securities or any insider transactions by Mahoney.
BlackRock Virginia Municipal Bond Trust reports that Charles Park is serving as Chief Compliance Officer and provides an insider ownership report with no reportable equity holdings or transactions. Park previously served from June 6, 2014 to June 30, 2023 and is reappointed effective August 1, 2026.