Company: BLE
Filing Date: 2025-09-08
Form Type: DEF 14A
Source: 0001193125-25-198164
Chunk: 189

Company: BLACKROCK MUNICIPAL INCOME TRUST II
Filing Date: 2025-09-08
Form: DEF 14A
Chunk 189
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 a result of investments in underlying funds. |

| (i) | Annualized. |

| (j) | Includes non-recurring expenses of reorganization costs. Without these costs,                                        
 total expenses and total expenses after fees waived and/or reimbursed would have been 3.04% and 2.92%, respectively. |

| (k) | Reorganization costs were not annualized in the calculation of the expense ratios. If these expenses were annualized, the 
 total expenses and total expenses after fees waived and/or reimbursed would have been 3.05% and 2.93%, respectively.      |

108

| (l) | Interest expense, fees and amortization of offering costs related to TOB Trusts and/or VMTP Shares. See Note 4 and Note 10 
 of the Notes to Financial Statements for details.                                                                          |

| (m) | Calculated by subtracting the Fund’s total liabilities (not including VMTP Shares and TOBs) from the Fund’s                                          
 total assets and dividing this by the sum of the amount of TOBs and liquidation value of the VMTP Shares, and by multiplying the results by 100,000. |

| (n) | Calculated by subtracting the Fund’s total liabilities (not including VMTP Shares) from the Fund’s total         
 assets and dividing this by the liquidation value of the VMTP Shares, and by multiplying the results by 100,000. |

| MHD                                                                                                         |     | Year Ended April 30, |    2018 |    |     |   |    2017 |    |     |   |    2016 |   |     |   |    2015 |   |     |   |    2014 |    |
|:------------------------------------------------------------------------------------------------------------|:----|:---------------------|--------:|:---|:----|:--|--------:|:---|:----|:--|--------:|:--|:----|:--|--------:|:--|:----|:--|--------:|:---|
| Net asset value, beginning of year                                                                          |     | $                    |   16.85 |    |     | $ |   17.95 |    |     | $ |   17.59 |   |     | $ |   16.85 |   |     | $ |   18.12 |    |
| Net investment income(a)                                                                                    |     |                      |