Company: BLE
Filing Date: 2025-09-08
Form Type: DEF 14A
Source: 0001193125-25-198164
Chunk: 253

Company: BLACKROCK MUNICIPAL INCOME TRUST II
Filing Date: 2025-09-08
Form: DEF 14A
Chunk 253
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 1. | Purchase securities of other investment companies, except to the extent that such purchases are permitted by                                                                                                                                                     
 applicable law. Applicable law currently prohibits the Acquiring Fund from purchasing the securities of other investment companies except if immediately thereafter not more than (i) 3% of the total outstanding voting stock of such company is owned          
 by the Acquiring Fund, (ii) 5% of the Acquiring Fund’s total assets, taken at market value, would be invested in any one such company, (iii) 10% of the Acquiring Fund’s total assets, taken at market value, would be invested in such                          
 securities, and (iv) the Acquiring Fund, together with other investment companies having the same investment adviser and companies controlled by such companies, owns not more than 10% of the total outstanding stock of any one closed-end investment company; |

| 2. | Mortgage, pledge, hypothecate or in any manner transfer, as security for indebtedness, any securities owned                                                                                                                                   
 or held by the Acquiring Fund except as may be necessary in connection with borrowings mentioned in investment restriction (3) above or except as may be necessary in connection with transactions in financial futures contracts and options 
 thereon; or                                                                                                                                                                                                                                   |

B-1

| 3. | Purchase any securities on margin, except that the Acquiring Fund may obtain such short-term credit as may                                                                                                                                          
 be necessary for the clearance of purchases and sales of portfolio securities (the deposit or payment by the Acquiring Fund of initial or variation margin in connection with financial futures contracts and options thereon is not considered the 
 purchase of a security on margin).                                                                                                                                                                                                                  |

| 4. | Make short sales of securities or maintain a short position or invest in put, call, straddle or spread                                                                                                                                                  
 options, except that the Acquiring Fund may write, purchase and sell options and futures on New York municipal bonds, municipal bonds, U.S. Government obligations and related indices or otherwise in connection with bona fide hedging activities and 
 may purchase and sell a New York municipal bond or municipal bond issuer’s rights to call all or a portion of such New York municipal bond or municipal bond for mandatory tender for purchase to require mandatory tender for the purchase of          
 related New York municipal bonds and municipal bonds.                                                                                                                                                                                                   |

If a percentage restriction on the investment or use of assets set forth above is adhered to at the time a transaction is effected, later changes in percentages resulting from changing values will not be considered a violation