STOCK TITAN

BlackRock MuniHoldings: 100% preferred-class stake

JPMorgan Chase retains indirect beneficial ownership while the tender option bond trust holds title to the preferred shares.

(High)

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

Form Type
SCHEDULE 13D/A

Rhea-AI Filing Summary

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.

Insights

Analyzing...

Beneficially owned preferred shares 7,178 shares JPMorgan Chase & Co. and DNT Asset Trust each report this amount
Class represented 100% Reported beneficial ownership
Shared voting power 7,178 shares Reported by JPMorgan Chase & Co. and DNT Asset Trust
Shared dispositive power 7,178 shares Reported by JPMorgan Chase & Co. and DNT Asset Trust
tender option bond trust arrangement financial
"deposited ... into a tender option bond trust arrangement"
indirect beneficial ownership regulatory
"retains an indirect beneficial ownership in the Preferred Shares"
shared dispositive power regulatory
"Shared Dispositive Power 7,178.00"
Voting Trust regulatory
"remain subject to the Voting Trust"
A voting trust is an arrangement where shareholders temporarily transfer their voting rights to one or more trusted individuals (trustees) who vote on company matters on their behalf. It matters to investors because it consolidates decision-making power—like handing the car keys to a single driver for a journey—which can stabilize leadership or push through strategic plans but also reduces individual shareholders’ direct influence and can affect the company’s direction and stock value.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many MHD preferred shares does JPMorgan Chase report owning?

JPMorgan Chase & Co. reports beneficial ownership of 7,178 shares, representing 100% of the class, with shared voting and dispositive power.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates





09253N609

(CUSIP Number)
Michael Lees
JPMorgan Chase & Co., 270 Park Avenue
New York, NY, 10017
(212) 270-6000

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)
09/28/2026

(Date of Event Which Requires Filing of This Statement)


If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).




schemaVersion:


SCHEDULE 13D






SCHEDULE 13D






SCHEDULE 13D


JPMorgan Chase & Co.
Signature:/s/ Michael Lees
Name/Title:Michael Lees, Executive Director
Date:10/01/2026
DNT Asset Trust
Signature:/s/ Sean Saroya
Name/Title:Sean Saroya, Authorized Officer
Date:10/01/2026
Comments accompanying signature:
Please note that Item 2 of the Original Schedule 13D is hereby amended by deleting Schedule A and Schedule B referenced therein and replacing them with the amended and restated Schedule A and Schedule B attached to this Amendment.

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