Welcome to our dedicated page for BlackRock Muni Qty Trust SEC filings (Ticker: BYM), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
blackrock's business is investing on behalf of our clients, from large institutions to parents and grandparents, doctors and teachers who entrust their savings to us. we work only for our clients—period. our promise is to offer them the clearest thinking about what to do with their money and the products and services they need to secure a better financial future. that's why investors of all kinds have made us the world’s largest asset manager, entrusting us with trillions of dollars, and it’s why companies, institutions and global governments come to us for help meeting their biggest financial challenges. important disclosures: http://www.blackrock.com/corporate/en-us/compliance/social-media-guidelinesBlackRock Municipal Income Quality Trust (BYM) Proxy Statement describes proposed reorganizations combining BLE, BYM, BFK and MUE into the Acquiring Fund (MHD) to form a larger Combined Fund. The Funds share similar municipal, tax-exempt investment objectives and policies, emphasizing at least 80% of managed assets in municipal obligations and allowing up to 20% (or 25% in some funds) in below-investment-grade bonds as disclosed.
The proxy discloses preferred VMTP share details: a 4.69% dividend rate, long-term ratings of Aa1 (Moody's) and AA (Fitch), and a pro forma total of 7,178 VMTP Shares outstanding representing $717,800,000 liquidation preference and pro forma combined net assets of $3,588,827,334. Material risks discussed include potential U.S. federal tax exposure (including AMT and taxable distributions), TOB Trust recourse/liquidity risks, and possible trading-price dilution of common shares post-reorganization.