Company: BLE
Filing Date: 2025-04-07
Form Type: N-CSRS
Source: 0001193125-25-074469
Chunk: 14

Company: BLACKROCK MUNICIPAL INCOME TRUST II
Filing Date: 2025-04-07
Form: N-CSRS
Chunk 14
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11.60 |
| Net Asset Value      |    13.24 |    13.61 |  -2.72 |  13.93 |  12.94 |

Performance Returns for the period ended January 31, 2025 were as follows:

|                                            |         | Average Annual Total Returns |         |          |
|                                            | 6-month |                       1 Year | 5 Years | 10 Years |
| Fund at NAV(a)(b)                          |   0.01% |                        2.23% | (0.71)% |    2.00% |
| Fund at Market Price(a)(b)                 |    3.41 |                         7.33 |   -2.56 |     1.41 |
| National Customized Reference Benchmark(c) |    1.12 |                         2.62 |    0.90 |      N/A |
| Bloomberg Municipal Bond Index(d)          |    1.05 |                         2.08 |    0.73 |     2.12 |

| (a) 
 (b) 
 (c) | All returns reflect reinvestment of dividends and/or distributions at actual reinvestment prices. Performance results reflect the Fund’s use of leverage, if any.                                                                                                                                                
 TheFund’s discount to NAV narrowed during the period, which accounts for the difference between performance based on market price and performance based on NAV.                                                                                                                                                  
 The National Customized Reference Benchmark is comprised of the Bloomberg Municipal Bond Index Total Return Index Value Unhedged (90%) and the Bloomberg MunicipalBond: High Yield (non-Investment Grade) Total Return Index (10%). The National Customized Reference Benchmark commenced on September 30, 2016. |
|:----|:-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (d) | An unmanaged index that tracks the U.S. long term tax-exempt bond market, including state and local general obligation bonds, revenue bonds, pre-refunded bonds, and insured bonds.                                                                                                                              |

Performance results may include adjustments made for financial reporting purposes in accordance with U.S. generally accepted accounting principles.
Past performance is not an indication of future results. The Fund is presenting the performance of one or more indices for informational purposes only. The Fund is actively managed and does not seek to track or replicate the performance of any index. The index performance shown is not intended to be indicative of the Fund’s investment strategies, portfolio components or past or future performance. More