RiverNorth Capital discloses 6.56% MQT (NYSE: MQT) ownership in 13G/A
Filing Impact
Filing Sentiment
Form Type
SCHEDULE 13G/A
Rhea-AI Filing Summary
RiverNorth Capital Management, LLC filed an amended Schedule 13G reporting beneficial ownership of 1,476,073 common shares of BlackRock MuniYield Quality Fund II, Inc., representing 6.56% of the class as of December 31, 2025.
RiverNorth has sole power to vote and dispose of all 1,476,073 shares, with no shared voting or dispositive power. The filing notes that other persons have the right to receive the proceeds from any sale of these securities. RiverNorth certifies the position is held in the ordinary course of business and not for the purpose of changing or influencing control of the fund.
Positive
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FAQ
What ownership stake did RiverNorth report in BlackRock MuniYield Quality Fund II (MQT)?
RiverNorth reported beneficial ownership of 1,476,073 common shares of BlackRock MuniYield Quality Fund II, Inc., representing 6.56% of the fund’s outstanding common stock as of December 31, 2025, crossing the 5% threshold that requires a Schedule 13G filing.
Is RiverNorth’s MQT position intended to influence control of the fund?
RiverNorth certified the MQT shares were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control, consistent with a passive investment reported on Schedule 13G rather than an activist position.
Who ultimately benefits from RiverNorth’s MQT holdings?
The filing states that other persons have the right to receive the proceeds from the sale of the reported securities. This typically reflects underlying clients or fund investors whose accounts RiverNorth manages, even though RiverNorth holds voting and dispositive power over the shares.
What type of entity is RiverNorth in this MQT Schedule 13G/A filing?
RiverNorth Capital Management, LLC is identified as a Delaware limited liability company and is categorized under the rules as an investment adviser, filing on Schedule 13G in that capacity with respect to its clients’ holdings in MQT common stock.
What event date triggered RiverNorth’s amended Schedule 13G for MQT?
The reported event date for this amended Schedule 13G is December 31, 2025. Holdings and percentage ownership, including the 1,476,073 MQT shares and the 6.56% stake, are stated as of that date in the ownership section of the filing.