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

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 -3.35K -100% 0 Apr 11, 2022 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

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.