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-guidelinesKarpus 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.
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