Company: BLE
Filing Date: 2025-10-03
Form Type: N-CSR
Source: 0001193125-25-230217
Chunk: 55

Company: BLACKROCK MUNICIPAL INCOME TRUST II
Filing Date: 2025-10-03
Form: N-CSR
Chunk 55
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Program”) that was comprised of six 3-month measurement periods, expiring with the measurement period ending September 30, 2025, unless continued by the Board. Subsequently, the sixth measurement period was cancelled and the program expired with the measurement period ending June 30, 2025. Under the Program, the Fund offered to repurchase a portion of its common shares via tender offer if the Fund’s common shares trade at an average daily discount to NAV of more than 7.5% during a 3-month measurement period. As a result of the discount trigger being met during the respective measurement periods under the Program, the Fund conducted a tender offer for 2.5% of its outstanding common shares, at a price equal to 98% of the NAV per share, determined on the business day after the tender offer expired. The results of the tender offers were as follows:

| CommencementDate of TenderOffer 
 Period(a)                       | ValuationDate | Number of SharesTendered | Tendered Sharesas a Percentage ofOutstanding Shares | Number of TenderedSharesPurchased | Tendered SharesPurchasedas a Percentage ofOutstanding Shares | Purchase Price | Total Amount ofPurchases |
| 07/22/24                        | 08/22/24      |               26,471,815 |                                               41.7% |                         1,586,158 |                                                         2.5% |        $7.9086 |              $12,544,289 |
| 10/18/24                        | 11/21/24      |               26,002,760 |                                                42.0 |                         1,546,504 |                                                          2.5 |         7.8400 |               12,124,591 |
| 01/22/25                        | 02/24/25      |               23,258,037 |                                                38.6 |                         1,507,842 |                                                          2.5 |         7.6734 |               11,570,275 |
| 04/17/25                        | 05/21/25      |               20,975,948 |                                                35.7 |                         1,470,146 |                                                          2.5 |         7.0952 |               10,430,980 |

| (a) | Date                           
 the tender offer period began. |

Preferred Shares A Fund ’ s Preferred Shares rank prior