Company: BLE
Filing Date: 2025-09-08
Form Type: DEF 14A
Source: 0001193125-25-198164
Chunk: 90

Company: BLACKROCK MUNICIPAL INCOME TRUST II
Filing Date: 2025-09-08
Form: DEF 14A
Chunk 90
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 ranging from 0.0075% to 0.015% of each Fund’s Managed Assets,
along with an annual fixed fee ranging from $3,000 to $10,000 for the services it provides to the Funds.

Custody of Assets

The custodian of the assets of each Fund is State Street Bank and Trust Company, One Congress Street, Boston, Massachusetts 02114.
The custodian is responsible for, among other things, receipt of and disbursement of funds from each Fund’s accounts, establishment of segregated accounts as necessary, and transfer, exchange and delivery of Fund portfolio securities.

Transfer Agent, Dividend Disbursing Agent and Registrar

Computershare Trust Company, N.A., 150 Royall Street, Canton, Massachusetts 02021, serves as each Fund’s transfer agent with respect to
such Fund’s common shares.

VMTP Shares Redemption and Paying Agent

The Bank of New York Mellon, One Wall Street, New York, New York 10286, acts as the tender agent, transfer agent and registrar, dividend
disbursing agent and paying agent and/or redemption price disbursing agent with respect to the VMTP Shares of each Fund and will serve in such capacity with respect to the VMTP Shares to be issued in connection with the VMTP Shares of the Combined
Fund.

47

THE ACQUIRING FUND’S INVESTMENTS

Investment Objective and Policies

The Acquiring Fund’s investment objective is to provide stockholders with current income exempt from federal income taxes. There can be
no assurance that the Acquiring Fund’s investment objective will be realized. The Acquiring Fund’s investment policies provide that it seeks to achieve its investment objective by investing, as a fundamental policy at least 80% of an
aggregate of the Acquiring Fund’s net assets (including proceeds from the issuance of any preferred stock) and the proceeds of any borrowings for investment purposes, in a portfolio of municipal obligations issued by or on behalf of states,
territories and possessions of the United States and their political subdivisions, agencies or instrumentalities, each of which pays interest that, in the opinion of bond counsel to the issuer, is excludable from gross income for federal income tax
purposes (except that the interest may be includable in taxable income for purposes of the federal alternative minimum tax) (“MHD Municipal Bonds”). The Acquiring Fund may invest directly in such securities or synthetically through the
use of derivatives.

The Acquiring Fund’s investment objective and its policy