Company: BLE
Filing Date: 2025-08-07
Form Type: PRE 14A
Source: 0001193125-25-175555
Chunk: 26

Company: BLACKROCK MUNICIPAL INCOME TRUST II
Filing Date: 2025-08-07
Form: PRE 14A
Chunk 26
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 Meeting”) of BlackRock Municipal Income Trust II
(NYSE Ticker: BLE) (“BLE”), BlackRock Municipal Income Quality Trust (NYSE Ticker: BYM) (“BYM”), BlackRock Municipal Income Trust (NYSE Ticker: BFK) (“BFK”), BlackRock MuniHoldings Quality Fund II, Inc. (NYSE Ticker:
MUE) (“MUE”) and BlackRock MuniHoldings Fund, Inc. (NYSE Ticker: MHD) (“MHD” or the “Acquiring Fund” and collectively with BLE, BYM, BFK and MUE, the “Funds,” and each, a “Fund”), will be held on
October 15, 2025 at [●] (Eastern Time) for the following purposes:

Proposal 1: The Reorganizations of the Funds

Proposal 1(A): The common shareholders and holders of Variable Rate Muni Term Preferred Shares (“VMTP Shares” and the holders thereof, “VMTP Holders”) of BLE are being asked to vote as a single class on a proposal to approve an
Agreement and Plan of Reorganization between BLE and the Acquiring Fund (the “BLE Reorganization Agreement”) and the transactions contemplated therein, including (i) the acquisition by the Acquiring Fund of substantially all of
BLE’s assets and the assumption by the Acquiring Fund of substantially all of BLE’s liabilities in exchange solely for newly issued common shares and VMTP Shares and VMTP Holders of the Acquiring Fund, which will be distributed to the
common shareholders (although cash may be distributed in lieu of fractional common shares) and VMTP Holders, respectively, of BLE, and which shall constitute the sole consideration to be distributed or paid to the common shareholders (although cash
may be distributed in lieu of fractional common shares) and the VMTP Holders in respect of their common shares and VMTP Shares, respectively, and (ii) the termination by BLE of its registration under the Investment Company Act of 1940, as
amended (the “1940 Act”), and the liquidation, dissolution and termination of BLE in accordance with its Agreement and Declaration of Trust and Delaware law (the “BLE Reorganization”).

Proposal 1(B): The VMTP Holders of BLE are being asked to vote as a separate class on a proposal to approve the BLE Reorganization
Agreement and the BLE Reorganization.

Proposal 1(C): The common shareholders and VMTP Holders of BYM are being asked to