BlackRock MQY director logs shares from fund reorg
BLACKROCK MUNIYIELD QUALITY FUND, INC. director Christian Romaglino reported an update to his holdings following fund reorganizations.
Rhea-AI Filing Summary
BLACKROCK MUNIYIELD QUALITY FUND, INC. director Christian Romaglino reported an update to his holdings following fund reorganizations. Effective February 23, 2026, two predecessor municipal funds were reorganized into BlackRock MuniYield Quality Fund, Inc.
In these non-cash exchanges, he received 354 common shares of the acquiring fund in exchange for 358.6193 common shares of BlackRock Investment Quality Municipal Trust and 385 common shares in exchange for 418.8136 common shares of BlackRock MuniYield Fund. After these transactions, he directly owned 739 common shares of BlackRock MuniYield Quality Fund, Inc.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock | 354 | $0.00 | $0.00 |
| Other | Common Stock | 385 | $0.00 | $0.00 |
Footnotes (2)
- F1. Effective as of February 23, 2026 BlackRock Investment Quality Municipal Trust (the "Target Fund") was reorganized into BlackRock MuniYield Quality Fund, Inc. (the "Acquiring Fund"). In the reorganization, common shareholders of the Target Fund received common shares of the Acquiring Fund having a value equal to the aggregate NAV of the Target Fund common shares surrendered as determined at the close of business on February 20, 2026, less the costs of the reorganization. As of February 20, 2026, the Target Fund reported a NAV per share of $12.3868 and the Acquiring Fund reported a NAV per share of 12.5453. The conversion ratio for the Target Fund's common shares was 0.98736579. In the reorganization, Christian Romaglino received 354 common shares (and cash for fractional shares, if any) of the Acquiring Fund in exchange for his 358.6193 common shares of the Target Fund.
- F2. Effective as of February 23, 2026 BlackRock MuniYield Fund (the "Target Fund") was reorganized into BlackRock MuniYield Quality Fund, Inc. (the "Acquiring Fund"). In the reorganization, common shareholders of the Target Fund received common shares of the Acquiring Fund having a value equal to the aggregate NAV of the Target Fund common shares surrendered as determined at the close of business on February 20, 2026, less the costs of the reorganization. As of February 20, 2026, the Target Fund reported a NAV per share of $11.5454 and the Acquiring Fund reported a NAV per share of $12.5453. The conversion ratio for the Target Fund's common shares was 0.92029684. In the reorganization, Christian Romaglino received 385 common shares (and cash for fractional shares, if any) of the Acquiring Fund in exchange for his 418.8136 common shares of the Target Fund.
FAQ
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What did Christian Romaglino report in this Form 4 for MQY?
Were these MQY transactions buys or sells by Christian Romaglino?
Which funds were reorganized into BlackRock MuniYield Quality Fund, Inc. (MQY)?
What conversion ratios were used in the MQY fund reorganizations?
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