Welcome to our dedicated page for BlackRock MuniHoldings CA Qty SEC filings (Ticker: MUC), 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-guidelinesHarris Stayce D. reported multiple insider transaction types in a Form 4 filing for MUC. The filing lists transactions totaling 11 shares. Following the reported transactions, holdings were 22 shares.
BlackRock’s municipal closed-end funds completed a series of reorganizations, consolidating seven funds into three survivor funds based on their relative net asset values. Common shareholders of each acquired fund received survivor fund shares equal to the aggregate NAV of their holdings as of February 6, 2026, using stated share conversion ratios. Fractional shares were settled in cash, and preferred shareholders received survivor fund preferred shares on a one-for-one basis equal to their prior liquidation preference. The reorganizations are expected to be non-taxable events.
Each survivor fund will also participate in a 2026 Discount Management Program. If a fund’s shares trade at an average daily discount to NAV of more than 10.00% during the January 1 to September 30, 2026 measurement period, it intends to conduct a tender offer to repurchase at least 5% of its outstanding common shares at 98% of NAV.
Karpus Management, Inc. filed a Schedule 13G reporting beneficial ownership of 4,758,154 common shares (5.05%) of BlackRock MuniHoldings California Quality Fund, Inc. as of 09/30/2025.
Karpus has sole voting power over 4,758,154 shares and sole dispositive power over 4,758,154 shares, with no shared voting or dispositive power. The filing certifies the shares were acquired and are held in the ordinary course of business and not to change or influence control.
Transaction overview: The Joint Proxy Statement/Prospectus describes a proposed reorganization merging the Target Fund (BFZ) into the Acquiring Fund (MUC). The Boards of both funds, including Independent Board Members, unanimously approved the Reorganization. As contemplated, former Target Fund common shareholders will receive Acquiring Fund common shares and Target Fund VRDP Holders will receive newly issued Acquiring Fund VRDP Shares on a one-for-one basis.
Key figures and effects: BFZ market price $10.44 and NAV $11.36 (discount 8.10%); MUC market price $10.06 and NAV $11.17 (discount 9.94%). The Acquiring Fund expects to issue 1,713 VRDP Shares for BFZ and had 5,264 Series W-7 VRDP Shares outstanding, producing pro forma 6,977 VRDP Shares with $100,000 liquidation preference each (aggregate $697.7 million). Reported expense ratios ~2.81%–2.82% with a one-time $2 million voluntary advisory fee waiver. Pre-Reorganization Declared UNII Distributions may be paid after Closing, may be taxable, and could reduce NAV at the valuation time, causing issuance of more common shares in the Reorganization.