BlackRock MuniHoldings Fund, Inc. (MHD) reported a 9.71% one-year total return at net asset value (NAV) and 9.63% at market price for the year ended July 31, 2026; five-year average annual returns were (1.68)% at NAV and (2.96)% at market price. Its closing market price was $11.47 and NAV was $12.49 as of July 31, 2026, up 3.15% and 3.22%, respectively, from July 31, 2025.
As of July 31, 2026, the current monthly distribution was $0.059500 per common share, or $0.714000 annualized, with a 6.22% yield on closing market price. Distribution rates can change, and a portion may be deemed a return of capital or net realized gain. Reorganizations of BlackRock Municipal Income Trust, BlackRock Municipal Income Quality Trust, BlackRock Municipal Income Trust II, and BlackRock MuniHoldings Quality Fund II into MHD were effective February 9, 2026, following shareholder approvals. MHD seeks tax-exempt income and invests at least 80% of an asset base including net assets, preferred-stock proceeds and investment borrowings in municipal obligations; under normal market conditions, at least 75% of total assets are invested in investment-grade municipal bonds.
BlackRock MuniHoldings Fund, Inc. (MHD) is the issuer of 7,178 Variable Rate Muni Term Preferred Shares for which JPMorgan Chase & Co. and DNT Asset Trust each report beneficial ownership, representing 100% of the class. Both report shared voting and dispositive power over the shares.
JPMorgan Chase deposited the 7,178 shares into JPM PD Series 5114 Trust on June 2, 2026. That trust holds title but does not independently have disposition power; JPMorgan Chase retains indirect beneficial ownership through its interests and contractual rights, while voting rights remain subject to the Voting Trust. The amendment also adds amendments dated September 28, 2026 to the preferred-share purchase and exchange agreement and registration rights agreement.
BLACKROCK MUNIHOLDINGS FUND, INC. (MHD) reported that Francis C. Mahoney is a director of the fund and is not an officer or ten percent owner. This initial ownership report does not list any equity transactions or report any current holdings or derivative positions for him.
BLACKROCK MUNIHOLDINGS FUND, INC. reports that Charles Park is an officer of the fund, serving as Chief Compliance Officer. He previously held this role from June 6, 2014 to June 30, 2023 and has been reappointed as Chief Compliance Officer effective August 1, 2026.
JPMorgan Chase & Co. and DNT Asset Trust filed Amendment No. 2 to their Schedule 13D on the Variable Rate Muni Term Preferred Shares of BlackRock MuniHoldings Fund, Inc. They report beneficial ownership of 7,178 preferred shares, representing 100% of this class.
On June 2, 2026, DNT Asset Trust deposited 7,178 preferred shares (CUSIP 09253N609) into a tender option bond trust called JPM PD Series 5114 Trust. The trust holds title but cannot independently dispose of the shares. Through interests and contractual rights in this TOB Trust, JPMorgan retains indirect beneficial ownership and voting rights, which remain subject to an existing Voting Trust. The amendment also replaces prior Schedules A and B and updates exhibits, including a joint filing agreement.
BLACKROCK MUNIHOLDINGS FUND, INC. saw an internal restructuring of 7,178 Series W-7 Variable Rate Muni Term Preferred Shares. DNT Asset Trust moved these VMTP shares into a new JPM PD Series 5114 trust structure and now holds them indirectly as a beneficiary with contractual rights.
The transaction is coded as an "other" restructuring with no stated share price, indicating no open-market buy or sell. JPMorgan Chase & Co. reports only an indirect interest in these securities through its ownership of DNT Asset Trust, and both reporting persons expressly disclaim being part of any group under Section 13(d).
BlackRock MuniHoldings Fund reported that Karpus Management, Inc. beneficially owns 19,267,035 common shares, representing 11.03% of the class as of 02/27/2026 in Amendment No. 4 to its Schedule 13G/A. The filing states the shares are owned directly by accounts managed by Karpus and notes informational barriers with City of London Investment Group plc limiting attribution.
JPMorgan Chase & Co. and DNT Asset Trust report beneficial ownership of 7,178 Variable Rate Muni Term Preferred Shares of BlackRock MuniHoldings Fund, Inc., representing 100% of this preferred class.
Their entire position carries shared, not sole, voting and dispositive power. The amendment reflects a February 9, 2026 reorganization in which DNT Asset Trust exchanged 780 preferred shares of MUE, 1,541 of BFK, 976 of BYM, and 1,741 of BLE for an equal number of preferred shares of BlackRock MuniHoldings Fund, Inc.
Voting and consent rights on 5,038 preferred shares acquired in this reorganization are subject to an existing Voting Trust and will be treated consistently with prior arrangements. Related purchase, exchange, and registration rights agreements were amended and restated as of February 9, 2026.
BLACKROCK MUNIHOLDINGS FUND, INC. portfolio manager Christian Romaglino reported an open-market sale of common stock. On February 23, 2026, he sold 684 shares of MHD at a price of $11.805 per share. Following this transaction, his directly owned common stock holdings were reported as 0 shares.
Karpus Management, Inc. reports beneficial ownership of 8,490,550 common shares of BlackRock MuniHoldings Fund, representing 16.28% of the fund’s outstanding common shares as of the event date. Karpus has sole voting and sole dispositive power over all of these shares, with no shared authority.
The filing describes Karpus as a New York-based registered investment adviser whose managed accounts directly own the shares. Karpus states the position is held in the ordinary course of business and not for the purpose of changing or influencing control of the fund.