BlackRock MuniYield Quality Fund II, Inc.
MQT
New York Stock Exchange- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Charles Choon Sik Park
- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 55 East 52nd Street New York City NY United States of America 10055
- IPO Date
- Sep 21, 1992
- CIK
- 0000887394
- Website
- blackrock.com
- Similar Companies
- Business
- BlackRock MuniYield Quality Fund II, Inc. (MQT) is a closed-end fund managed by BlackRock Advisors, LLC that provides shareholders with a high level of current income exempt from federal income taxes, consistent with prudent investment management. The Fund invests at least 80% of its assets in a portfolio of high-quality municipal bonds, specifically those rated A or better (or comparable unrated securities) that are exempt from federal income taxes (though interest may be subject to the federal alternative minimum tax); it focuses primarily on long-term municipal bonds with maturities exceeding ten years, which may be held directly or synthetically via derivatives. Key portfolio characteristics include an effective duration of 16.48 years, yield to maturity of 7.98%, total leverage of $83.4 million (28.7% of assets), and approximately 22% exposure to AMT bonds, with top holdings such as North Texas Tollway Authority Revenue bonds and various tender option bonds (TOBs). Geographically, the Fund targets municipal obligations issued by or on behalf of U.S. states, territories, and possessions. Formed on September 21, 1992 and domiciled in the United States, it is headquartered at BlackRock's principal office, 50 Hudson Yards, New York, New York 10001. In a significant recent development, shareholders approved the reorganization of BlackRock MuniYield Quality Fund II, Inc. (MQT), along with BlackRock MuniYield Fund, Inc. (MYD) and BlackRock Investment Quality Municipal Trust, Inc. (BKN), with and into BlackRock MuniYield Quality Fund, Inc. (MQY) as the acquiring fund; completion is expected in February 2026, subject to customary closing conditions. This strategic consolidation aims to streamline operations among BlackRock's municipal closed-end funds, following separate prior approvals for other funds like MuniVest Fund, Inc. (MVF) and MuniVest Fund II, Inc. (MVT). The Fund continues to emphasize tax-exempt income generation amid ongoing portfolio management, with no other major acquisitions, partnerships, or product launches reported in the past 1-2 years.