MHD - BlackRock MuniHoldings Fund

What this means for you

One or more large investors own more than 5% of this fund but have told the regulator they are not seeking changes. That is common for banks, brokers and index funds that hold shares for their clients.

Nothing is required of you. If an investor changes its mind, it must file a new notice within days, and it will show up here.

Email me if this changes

What happened, and when

1. Sept 10, 2026

   The fund said it will repay some borrowed money on Oct 2, 2026.

   Original document →

2. March 6, 2026

   Karpus cut its stake to 11% (from 16.3%), as a passive investor.

   Original document →

3. Feb 27, 2026

   The fund said it will repay some borrowed money on April 1, 2026.

   Original document →

4. Feb 13, 2026

   Karpus raised its stake to 16.3% (from 14%), as a passive investor.

   Original document →

5. Sept 11, 2025

   The fund said it will repay some borrowed money on Oct 11, 2025.

   Original document →

About this fund

• Run by BlackRock Advisors, LLC. Part of the BlackRock-advised Funds fund family. As of July 31, 2025, from the fund's yearly report. Original document →
• Size: about $2.23 billion of holdings, as of April 30, 2026. As of April 30, 2026, from the fund's quarterly holdings report. Original document →
• Borrowing: the fund borrows about 42% on top of its own money, as of April 30, 2026. Borrowed money makes gains and losses bigger. About 45% of that is money the fund has borrowed by selling preferred shares. As of April 30, 2026, from the fund's quarterly holdings report. Original document →
• Costs: 0.7% a year in management fees; 3.1% a year in total, including interest on borrowed money. Fiscal year ended July 31, 2025. As of July 31, 2025, from the fund's yearly report. Original document →
• Payouts: last fiscal year (ended July 31, 2025) the fund paid $0.70 a share. $0.49 of that was income; $0.21 was your own money back, not income. As of July 31, 2025, from the fund's annual report. Original document →
• Value of holdings per share at the last fiscal year end (July 31, 2025): $12.10. The shares traded at $11.12, about 8.1% below that. As of July 31, 2025, from the fund's yearly report. Original document →
• How the holdings did: up 0.9% over the last three months we have (Feb-April 2026), before the share price is taken into account. Over the last 12 months: +8.2%. As of April 30, 2026, from the fund's quarterly holdings report. Original document →
• How the holdings did over the fiscal year (ended July 31, 2025): the value of the holdings returned -5.7%. How the share price did: the shares returned -2.1% over the same year, counting payouts and the change in the market price. As of July 31, 2025, from the fund's annual report. Original document →
• First reported to the regulator in 1997.

What the fund holds

Mostly tax-free municipal bonds (98%), the rest cash and short-term holdings. About 100% issued in the U.S.

1. Cash and short-term - 3.2%
2. Puerto Rico Sales Tax Financing Corp Sales Tax Revenue, Puerto Rico Sales Tax Fing Corp Sales Tax Revenue - 3.8%
3. District of Columbia Tobacco Settlement Financing, Dist of Columbia Tobacco Settlement Fing Corp - 1.4%
4. District of Columbia Income Tax Revenue, Dist of Columbia Income Tax Secured Revenue - 1.1%
5. Main Street Natural Gas Inc GA Gas Supply Revenue - 1%
6. Town of Queen Creek AZ, Queen Creek AZ Cops - 0.9%
7. New Jersey Transportation Trust Fund Authority, New Jersey St Transprtn Trust Fund Auth - 0.9%
8. New Hampshire Business Finance Authority, National Fin Auth Nh Revenue - 0.9%
9. County of Clark NV, Clark Cnty NV - 0.9%
10. Chicago O'Hare International Airport, Chicago Il O'hare International Arpt Revenue - 0.9%

As of April 30, 2026, from the fund's quarterly holdings report. Original document →