MYI director reports shares from fund reorganization
BLACKROCK MUNIYIELD QUALITY FUND III, INC. director Stayce D. Harris reported an “other” share transaction linked to a fund reorganization.
Rhea-AI Filing Summary
BLACKROCK MUNIYIELD QUALITY FUND III, INC. director Stayce D. Harris reported an “other” share transaction linked to a fund reorganization. Her directly owned common stock position is now 20.7931 shares.
Effective February 23, 2026, BlackRock MuniVest Fund II, Inc. was reorganized into this fund. In the reorganization, common shareholders of the Target Fund received common shares of the Acquiring Fund based on net asset values as of February 20, 2026. On that date, the Target Fund reported a NAV per share of $11.7926 and the Acquiring Fund reported a NAV per share of $12.0089, with a conversion ratio of 0.98198836 for the Target Fund’s common shares.
Harris received 10 common shares of the Acquiring Fund, plus cash for any fractional shares, in exchange for 10.7937 common shares of the Target Fund.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock | 10 | $0.00 | $0.00 |
Footnotes (1)
- F1. Effective as of February 23, 2026 BlackRock MuniVest Fund II, Inc. (the "Target Fund") was reorganized into BlackRock MuniYield Quality Fund III, 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 $11.7926 and the Acquiring Fund reported a NAV per share of $12.0089. The conversion ratio for the Target Fund's common shares was 0.98198836. In the reorganization, Stayce D. Harris received 10 common shares (and cash for fractional shares, if any) of the Acquiring Fund in exchange for her 10.7937 common shares of the Target Fund.
AI-generated analysis. How Rhea-AI works. Not financial advice.