Walter Oconnor - Apr 11, 2022 Form 4 Insider Report for BLACKROCK MUNIHOLDINGS INVESTMENT QUALITY FUND (MFL)

Role: Portfolio Manager
Signature: /s/ Janey Ahn as Attorney-in-Fact
Stock symbol: MFL
Transactions as of: Apr 11, 2022
Transactions value $: $0
Form type: 4
Date filed: 4/13/2022, 05:36 PM
Previous filing: Apr 30, 2024
Next filing: Oct 7, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	Price $	Shares After	Date	Ownership	Footnotes
transaction	MFL	Common Stock	-Other		-3,350	-100%		0	Apr 11, 2022	Direct	F1

Explanation of Responses:

Id	Content
F1	Effective as of April 11, 2022, BlackRock MuniHoldings Investment Quality Fund (the "Target Fund") was reorganized into BlackRock Municipal Income 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 April 8, 2022, less the costs of the Reorganization. As of April 8, 2022, the Target Fund reported a NAV per share of $13.1220 and the Acquiring Fund reported a NAV per share of $13.9783. The conversion ratio for the Target Fund's common shares was 0.93874076. In the Reorganization, Walter O'Connor received 3,144 common shares (and cash for fractional shares, if any) of the Acquiring Fund in exchange for his 3,350 common shares of the Target Fund.

Content

Effective as of April 11, 2022, BlackRock MuniHoldings Investment Quality Fund (the "Target Fund") was reorganized into BlackRock Municipal Income 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 April 8, 2022, less the costs of the Reorganization. As of April 8, 2022, the Target Fund reported a NAV per share of $13.1220 and the Acquiring Fund reported a NAV per share of $13.9783. The conversion ratio for the Target Fund's common shares was 0.93874076. In the Reorganization, Walter O'Connor received 3,144 common shares (and cash for fractional shares, if any) of the Acquiring Fund in exchange for his 3,350 common shares of the Target Fund.