Edgar Filing: BLACKROCK MUNICIPAL INCOME INVESTMENT QUALITY TRUST

BLACKROCK MUNICIPAL INCOME INVESTMENT QUALITY TRUST

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM N-Q

QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED

MANAGEMENT INVESTMENT COMPANY

Investment Company Act file number 811-21180

Name of Fund: BlackRock Municipal Income Investment Quality Trust (BAF)

Fund Address: 100 Bellevue Parkway, Wilmington, DE 19809

Name and address of agent for service: John M. Perlowski, Chief Executive Officer, BlackRock Municipal Income Investment Quality Trust, 55 East 52^nd Street, New York, NY 10055

Registrant’s telephone number, including area code: (800) 882-0052, Option 4

Date of fiscal year end: 08/31/2014

Date of reporting period: 05/31/2014

Item 1 – Schedule of Investments

Schedule of Investments May 31, 2014 (Unaudited)

BlackRock Municipal Income Investment Quality Trust (BAF)

(Percentages shown are based on Net Assets)


Municipal Bonds	Par (000)		Value
Alabama — 2.0%
City of Birmingham Alabama Special Care Facilities Financing Authority, RB, Children’s Hospital (AGC):
6.13%, 6/01/34	$	1,000	$	1,166,130
6.00%, 6/01/39		1,000		1,160,290
City of Selma Alabama IDB, RB, Gulf Opportunity Zone, International Paper Co. Project, Series A, 5.38%, 12/01/35		335		359,998

				2,686,418
California — 15.9%
California Educational Facilities Authority, RB, University of Southern California, Series A, 5.25%, 10/01/38		2,155		2,453,834
California Health Facilities Financing Authority, RB, Sutter Health, Series B, 6.00%, 8/15/42		1,120		1,348,133
California State Public Works Board, LRB:
Department of Corrections & Rehabilitation, Series F, 5.25%, 9/01/33		505		578,174
Various Capital Projects, Series I, 5.50%, 11/01/30		1,000		1,193,820
Various Capital Projects, Series I, 5.50%, 11/01/31		1,500		1,781,295
County of Sacramento California, ARB, Senior Series A (AGC), 5.50%, 7/01/41		1,400		1,594,572
Kern Community College District, GO, Safety, Repair & Improvement, Election of 2002, Series C, 5.50%, 11/01/33		1,025		1,214,471
Los Angeles Community College District California, GO, Election of 2001, Series A (NPFGC), 5.00%, 8/01/32		1,000		1,108,310
Los Angeles Department of Water & Power, RB, Power System, Sub-Series A-1, 5.25%, 7/01/38		1,175		1,327,315
Los Angeles Municipal Improvement Corp., Refunding LRB, Real Property, Series B (AGC), 5.50%, 4/01/39		3,210		3,677,986
Redondo Beach Unified School District, GO, Election of 2008, Series E, 5.50%, 8/01/34		1,000		1,136,660


Municipal Bonds	Par (000)		Value
California (concluded)
San Diego Public Facilities Financing Authority Water, Refunding RB, Series B (AGC), 5.38%, 8/01/34	$	1,125	$	1,296,574
Township of Washington California Health Care District, GO, Election of 2004, Series B, 5.50%, 8/01/40		380		445,250
University of California, Refunding RB, The Regents of Medical Center, Series J, 5.25%, 5/15/38		2,355		2,654,109

				21,810,503
Colorado — 3.8%
City & County of Denver Colorado Airport System, ARB, Sub-System, Series B, 5.25%, 11/15/32		3,250		3,657,193
Colorado Health Facilities Authority, RB, Hospital, NCMC, Inc. Project, Series B (AGM), 6.00%, 5/15/26		1,425		1,631,582

				5,288,775
Florida — 8.1%
City of Jacksonville Florida, RB, Series A, 5.25%, 10/01/31		4,525		5,098,679
City of Jacksonville Florida, Refunding RB, Series A, 5.25%, 10/01/33		205		232,304
County of Miami-Dade Florida, RB, Seaport, Series A, 6.00%, 10/01/38		4,215		4,876,839
Reedy Creek Improvement District, GO, Series A, 5.25%, 6/01/32		745		845,553

				11,053,375
Georgia — 2.2%
City of Atlanta Georgia Department of Aviation, Refunding GARB, Series C, 6.00%, 1/01/30		2,500		2,968,125
Illinois — 23.1%
City of Chicago Illinois, GARB, O’Hare International Airport, 3rd Lien:
Series A, 5.75%, 1/01/39		825		932,803
Series C, 6.50%, 1/01/41		3,740		4,411,592
City of Chicago Illinois, Refunding GARB, O’Hare International Airport, 3rd Lien, Series C (AGC), 5.25%, 1/01/30		1,000		1,090,710



BLACKROCK MUNICIPAL INCOME INVESTMENT QUALITY TRUST	MAY 31, 2014	1

Schedule of Investments (continued)

BlackRock Municipal Income Investment Quality Trust (BAF)

(Percentages shown are based on Net Assets)


Municipal Bonds	Par (000)		Value
Illinois (concluded)
City of Chicago Illinois, Refunding RB, Waterworks, 2nd Lien, Series A (AMBAC), 5.00%, 11/01/36	$	1,000	$	1,051,240
City of Chicago Illinois Transit Authority, RB:
Federal Transit Administration, Section 5309, Series A (AGC), 6.00%, 6/01/26		1,300		1,441,557
Sales Tax Receipts, 5.25%, 12/01/36		3,185		3,475,345
Sales Tax Receipts, 5.25%, 12/01/40		3,000		3,263,280
City of Chicago Illinois Transit Authority, Refunding RB, Federal Transit Administration, Section 5309 (AGM), 5.00%, 6/01/28		3,000		3,203,220
City of Chicago Illinois Wastewater Transmission, RB, 2nd Lien, 5.00%, 1/01/42		1,480		1,549,323
County of Cook Illinois Community College District No. 508, GO, City College of Chicago:
5.50%, 12/01/38		1,250		1,404,375
5.25%, 12/01/43		3,000		3,254,520
Illinois Finance Authority, RB, Carle Foundation, Series A, 6.00%, 8/15/41		1,885		2,151,878
Railsplitter Tobacco Settlement Authority, RB:
5.50%, 6/01/23		915		1,073,249
6.00%, 6/01/28		260		304,460
State of Illinois, GO:
5.25%, 2/01/31		610		666,010
5.25%, 2/01/32		1,000		1,085,990
5.50%, 7/01/33		1,000		1,109,270
5.50%, 7/01/38		270		295,420

				31,764,242
Indiana — 2.0%
Indianapolis Local Public Improvement Bond Bank, Refunding RB, Waterworks Project, Series A (AGC), 5.50%, 1/01/38		2,415		2,684,852
Louisiana — 1.1%
City of New Orleans Louisiana Aviation Board, Refunding GARB, Restructuring (AGC):
Series A-1, 6.00%, 1/01/23		375		432,758
Series A-2, 6.00%, 1/01/23		150		173,103
Municipal Bonds	Par (000)		Value
Louisiana (concluded)
Tobacco Settlement Financing Corp., Refunding RB, Asset-Backed, Series A, 5.50%, 5/15/29	$	790	$	870,406

				1,476,267
Michigan — 4.8%
City of Detroit Michigan Sewage Disposal System, Refunding RB, Senior Lien (AGM):
Series B, 7.50%, 7/01/33		580		636,660
Series C-1, 7.00%, 7/01/27		2,495		2,718,852
City of Detroit Michigan Water Supply System, RB, 2nd Lien, Series B (AGM), 6.25%, 7/01/36		1,700		1,735,122
Royal Oak Hospital Finance Authority, Refunding RB, William Beaumont Hospital, Series V, 8.25%, 9/01/18 (a)		1,205		1,569,934

				6,660,568
Minnesota — 3.2%
City of Minneapolis Minnesota, Refunding RB, Fairview Health Services, Series B (AGC), 6.50%, 11/15/38		3,680		4,343,982
Mississippi — 2.3%
Mississippi Development Bank, RB, Special Obligation, Jackson Water & Sewer System Project (AGM), 6.88%, 12/01/40		1,500		1,964,445
Mississippi State University Educational Building Corp., Refunding RB, Mississippi State University Improvement Project, 5.25%, 8/01/38		1,000		1,140,410

				3,104,855
Nevada — 5.9%
County of Clark Nevada, GO, Limited Tax, 5.00%, 6/01/38		5,410		5,862,925
County of Clark Nevada Water Reclamation District, GO, Series A, 5.25%, 7/01/34		2,000		2,295,660

				8,158,585
New Jersey — 5.2%
New Jersey Health Care Facilities Financing Authority, RB, Virtua Health, Series A (AGC), 5.50%, 7/01/38		1,300		1,406,288



2	BLACKROCK MUNICIPAL INCOME INVESTMENT QUALITY TRUST	MAY 31, 2014

Schedule of Investments (continued)

BlackRock Municipal Income Investment Quality Trust (BAF)

(Percentages shown are based on Net Assets)


Municipal Bonds	Par (000)		Value
New Jersey (concluded)
New Jersey Housing & Mortgage Finance Agency, RB, S/F Housing, Series CC, 5.25%, 10/01/29	$	1,540	$	1,650,372
New Jersey Transportation Trust Fund Authority, RB:
Transportation Program, Series AA, 5.50%, 6/15/39		1,620		1,842,329
Transportation System, Series A (AGC), 5.50%, 12/15/38		2,000		2,308,540

				7,207,529
New York — 5.0%
City of New York New York Transitional Finance Authority Building Aid, BARB, Fiscal 2009, Series S-4 (AGC), 5.50%, 1/15/29		2,465		2,870,838
Metropolitan Transportation Authority, RB:
Series A, 5.25%, 11/15/38		1,565		1,726,101
Series A-1, 5.25%, 11/15/39		1,000		1,122,740
Series B, 5.25%, 11/15/44		1,000		1,119,270

				6,838,949
Ohio — 1.2%
State of Ohio Turnpike Commission, RB, Junior Lien, Infrastructure Projects, Series A-1:
5.25%, 2/15/30		1,000		1,144,870
5.25%, 2/15/31		470		535,419

				1,680,289
Pennsylvania — 3.0%
Pennsylvania Turnpike Commission, RB:
Series A, 5.00%, 12/01/44		460		505,347
Series C, 5.00%, 12/01/43		1,720		1,879,031
Township of Bristol Pennsylvania School District, GO, 5.25%, 6/01/37		1,500		1,675,425

				4,059,803
South Carolina — 1.3%
County of Charleston South Carolina, RB, Special Source, 5.25%, 12/01/38		1,525		1,765,874
Municipal Bonds	Par (000)		Value
Texas — 14.4%
Austin Community College District Public Facility Corp., RB, Educational Facilities Project, Round Rock Campus, 5.25%, 8/01/33	$	2,000	$	2,251,540
City of Beaumont Texas, GO, Certificates of Obligation, 5.25%, 3/01/37		980		1,119,395
City of Frisco Texas ISD, GO, School Building (AGC), 5.50%, 8/15/41		3,365		3,993,616
City of Houston Texas Utility System, Refunding RB, Combined 1st Lien, Series A (AGC):
6.00%, 11/15/35		2,600		3,057,054
6.00%, 11/15/36		2,215		2,610,067
5.38%, 11/15/38		1,000		1,135,040
County of Tarrant Texas Cultural Education Facilities Finance Corp., Refunding RB, Christus Health, Series A (AGC), 6.50%, 7/01/37		1,000		1,129,220
Lower Colorado River Authority, Refunding RB, 5.50%, 5/15/33		1,000		1,134,540
North Texas Tollway Authority, Refunding RB, 1st Tier:
(AGM), 6.00%, 1/01/43		1,000		1,131,440
Series K-1 (AGC), 5.75%, 1/01/38		1,500		1,713,450
Red River Education Financing Corp., RB, Texas Christian University Project, 5.25%, 3/15/38		440		502,106

				19,777,468
Virginia — 1.2%
City of Lexington Virginia IDA, RB, Washington & Lee University, 5.00%, 1/01/43		370		409,020
Virginia Public School Authority, RB, Fluvanna County School Financing, 6.50%, 12/01/18 (a)		1,000		1,241,630

				1,650,650
Washington — 1.5%
City of Seattle Washington Municipal Light & Power, Refunding RB, Series A, 5.25%, 2/01/36		1,025		1,149,599



BLACKROCK MUNICIPAL INCOME INVESTMENT QUALITY TRUST	MAY 31, 2014	3

Schedule of Investments (continued)

BlackRock Municipal Income Investment Quality Trust (BAF)

(Percentages shown are based on Net Assets)


Municipal Bonds	Par (000)		Value
Washington (concluded)
State of Washington, GO, Various Purposes, Series B, 5.25%, 2/01/36	$	795	$	915,427

				2,065,026
Total Municipal Bonds — 107.2%				147,046,135



Municipal Bonds Transferred to Tender Option Bond (TOB) Trusts (b)
Alabama — 1.1%
City of Mobile Alabama Board of Water & Sewer Commissioners, RB (NPFGC), 5.00%, 1/01/31		1,500		1,575,915
California — 8.9%
San Marcos Unified School District, GO, Election of 2010, Series A, 5.25%, 8/01/31		10,680		12,174,987
District of Columbia — 0.6%
District of Columbia Water & Sewer Authority, Refunding RB, Senior Lien, Series A, 6.00%, 10/01/35 (c)		760		876,467
Illinois — 2.4%
State of Illinois Toll Highway Authority, RB, Senior Priority, Series B, 5.50%, 1/01/33		2,999		3,335,720
Kentucky — 0.8%
Kentucky State Property & Building Commission, Refunding RB, Project No. 93 (AGC), 5.25%, 2/01/27		898		1,029,119
Nevada — 5.1%
County of Clark Nevada Water Reclamation District, GO, Limited Tax, 6.00%, 7/01/38		2,000		2,329,040
Las Vegas Valley Water District, GO, Refunding, Series C, 5.00%, 6/01/28		4,100		4,617,215

				6,946,255
New Jersey — 6.4%
New Jersey EDA, RB, School Facilities Construction (AGC):
6.00%, 12/15/18 (a)		329		388,812
6.00%, 12/15/34		671		792,873
New Jersey State Turnpike Authority, RB, Series A, 5.00%, 1/01/38 (c)		6,020		6,562,462
Municipal Bonds Transferred to Tender Option Bond (TOB) Trusts (b)	Par (000)		Value
New Jersey (concluded)
New Jersey Transportation Trust Fund Authority, RB, Transportation System, Series B, 5.25%, 6/15/36 (c)	$	1,000	$	1,101,391

				8,845,538
New York — 11.8%
City of New York New York Municipal Water Finance Authority, Refunding RB, Water & Sewer System, 2nd General Resolution:
Series BB, 5.25%, 6/15/44		4,993		5,564,180
Series FF, 5.00%, 6/15/45		3,019		3,285,449
City of New York New York Transitional Finance Authority, BARB, Fiscal 2009, Series S-3, 5.25%, 1/15/39		900		1,012,612
Hudson Yards Infrastructure Corp., RB, Fiscal 2012, Series A, 5.75%, 2/15/47 (c)		1,000		1,142,147
New York Liberty Development Corp., RB, 1 World Trade Center Port Authority Consolidated Bonds, 5.25%, 12/15/43		2,955		3,256,026
New York Liberty Development Corp., Refunding RB, 4 World Trade Center Project, 5.75%, 11/15/51 (c)		1,740		1,951,341

				16,211,755
Texas — 5.5%
County of Tarrant Texas Cultural Education Facilities Finance Corp., RB, Baylor Health Care System Project, Series A, 5.00%, 11/15/38		4,456		4,848,812
North Texas Tollway Authority, RB, Special Projects System, Series A, 5.50%, 9/01/41		2,310		2,636,888

				7,485,700
Utah — 0.8%
City of Riverton Utah, RB, IHC Health Services, Inc., 5.00%, 8/15/41		1,004		1,073,523
Total Municipal Bonds Transferred to Tender Option Bond (TOB) Trusts — 43.4%				59,554,979
Total Long-Term Investments (Cost — $188,989,962) — 150.6%				206,601,114



4	BLACKROCK MUNICIPAL INCOME INVESTMENT QUALITY TRUST	MAY 31, 2014

Schedule of Investments (continued)

BlackRock Municipal Income Investment Quality Trust (BAF)

(Percentages shown are based on Net Assets)


Short-Term Securities	Shares		Value
FFI Institutional Tax-Exempt Fund, 0.03% (d)(e)		2,453,685	$	2,453,685
Total Short-Term Securities (Cost — $2,453,685) — 1.8%				2,453,685
*Total Investments (Cost — $191,443,647) — 152.4%**				209,054,799
Other Assets Less Liabilities — 2.0%				2,716,780
Liability for TOB Trust Certificates, Including Interest Expense and Fees Payable — (23.6%)				(32,356,224	)
VMTP Shares, at Liquidation Value — (30.8%)				(42,200,000	)

Net Assets Applicable to Common Shares — 100.0%			$	137,215,355
* As of May 31, 2014, gross unrealized appreciation and depreciation based on cost for federal income tax purposes were as follows:
Tax cost			$	158,745,955

Gross unrealized appreciation			$	18,067,356
Gross unrealized depreciation				(103,278	)

Net unrealized appreciation			$	17,964,078

Notes to Schedule of Investments

(a)

U.S. government securities, held in escrow, are used to pay interest on this security, as well as to retire the bond in full at the date indicated, typically at a premium to par.

(b)

Represent bonds transferred to a TOB. In exchange for which the Trust acquired residual interest certificates. These bonds serve as collateral in a financing transaction.

(c)

All or a portion of security is subject to a recourse agreement, which may require the Trust to pay the liquidity provider in the event there is a shortfall between the TOB trust certificates and proceeds received from the sale of the security contributed to the TOB trust. In the case of a shortfall, the aggregate maximum potential amount the Trust could ultimately be required to pay under the agreements, which expire from October 1, 2016 to July 1, 2020 is $7,491,042.

(d)

Investments in issuers considered to be an affiliate of the Trust during the period ended May 31, 2014, for purposes of Section 2(a)(3) of the Investment Company Act of 1940, as amended, were as follows:


Affiliate	Shares Held at August 31, 2013		Net Activity		Shares Held at May 31, 2014		Income
FFI Institutional Tax-Exempt Fund		452,174		2,001,511		2,453,685	$	436

(e)

Represents the current yield as of report date.

Portfolio Abbreviations


AGC		Assured Guarantee Corp.
AGM		Assured Guaranty Municipal Corp.
AMBAC		American Municipal Bond Assurance Corp.
ARB		Airport Revenue Bonds
BARB		Building Aid Revenue Bonds
EDA		Economic Development Authority
GARB		General Airport Revenue Bonds
GO		General Obligation Bonds



BLACKROCK MUNICIPAL INCOME INVESTMENT QUALITY TRUST	MAY 31, 2014	5


Schedule of Investments (continued)		BlackRock Municipal Income Investment Quality Trust (BAF)


IDA		Industrial Development Authority
IDB		Industrial Development Board
ISD		Independent School District
LRB		Lease Revenue Bonds
NPFGC		National Public Finance Guarantee Corp.
RB		Revenue Bonds
S/F		Single Family

Financial futures contracts outstanding as of May 31, 2014 were as follows:

Contracts
Sold

Issue

Exchange

Expiration

Notional

Value

Unrealized

Depreciation

(160

)

10-Year U.S. Treasury Note

Chicago Board of Trade

September 2014

20,082,500

(76,474

)

Fair Value Measurements — Various inputs are used in determining the fair value of investments and derivative financial instruments. These inputs to valuation techniques are categorized into a disclosure hierarchy consisting of three broad levels for financial reporting purposes as follows:

Level 1 — unadjusted price quotations in active markets/exchanges for identical assets or liabilities that the Trust has the ability to access

Level 2 — other observable inputs (including, but not limited to, quoted prices for similar assets or liabilities in markets that are active, quoted prices for identical or similar assets or liabilities in markets that are not active, inputs other than quoted prices that are observable for the assets or liabilities (such as interest rates, yield curves, volatilities, prepayment speeds, loss severities, credit risks and default rates) or other market-corroborated inputs)

Level 3 — unobservable inputs based on the best information available in the circumstances, to the extent observable inputs are not available (including the Trust’s own assumptions used in determining the fair value of investments and derivative financial instruments)

The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to unobservable inputs (Level 3 measurements). Accordingly, the degree of judgment exercised in determining fair value is greatest for instruments categorized in Level 3. The inputs used to measure fair value may fall into different levels of the fair value hierarchy. In such cases, for disclosure purposes, the fair value hierarchy classification is determined based on the lowest level input that is significant to the fair value measurement in its entirety.

Changes in valuation techniques may result in transfers into or out of an assigned level within the disclosure hierarchy. In accordance with the Trust’s policy, transfers between different levels of the fair value disclosure hierarchy are deemed to have occurred as of the beginning of the reporting period. The categorization of a value determined for investments and derivative financial instruments is based on the pricing transparency of the investment and derivative financial instrument and is not necessarily an indication of the risks associated with investing in those securities. For information about the Trust’s policy regarding valuation of investments and derivative financial instruments, please refer to the Trust’s most recent financial statements as contained in its semi-annual report.

The following tables summarize the Trust’s investments and derivative financial instruments categorized in the disclosure hierarchy as of May 31, 2014:


	Level 1		Level 2		Level 3	Total
Assets:
Investments:
Long-Term Investments¹		—	$	206,601,114	—	$	206,601,114
Short-Term Securities	$	2,453,685		—	—		2,453,685

Total	$	2,453,685	$	206,601,114	—	$	209,054,799

¹ See above Schedule of Investments for values in each state or political subdivision.



6	BLACKROCK MUNICIPAL INCOME INVESTMENT QUALITY TRUST	MAY 31, 2014


Schedule of Investments (concluded)		BlackRock Municipal Income Investment Quality Trust (BAF)


	Level 1			Level 2			Level 3	Total
Derivative Financial Instruments²
Liabilities:
Interest rate contracts	$	(76,474	)		—		—	$	(76,474	)
² Derivative financial instruments are financial futures contracts, which are valued at the unrealized appreciation/depreciation on the instrument.
The Trust may hold assets and/or liabilities in which the fair value approximates the carrying amount for financial reporting purposes. As of May 31, 2014, such assets and/or liabilities are categorized within the disclosure hierarchy as follows:
	Level 1			Level 2			Level 3	Total
Assets:
Cash pledged for financial futures contracts	$	210,000			—		—	$	210,000
Liabilities:
TOB trust certificates		—		$	(32,344,766	)	—		(32,344,766	)
VMTP Shares		—			(42,200,000	)	—		(42,200,000	)

Total	$	210,000		$	(74,544,766	)	—	$	(74,334,766	)

There were no transfers between levels during the period ended May 31, 2014.



BLACKROCK MUNICIPAL INCOME INVESTMENT QUALITY TRUST	MAY 31, 2014	7

Item 2 – Controls and Procedures

2(a) –

The registrant’s principal executive and principal financial officers, or persons performing similar functions, have concluded that the registrant’s disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940, as amended (the “1940 Act”)) are effective as of a date within 90 days of the filing of this report based on the evaluation of these controls and procedures required by Rule 30a-3(b) under the 1940 Act and Rule 13a-15(b) under the Securities Exchange Act of 1934, as amended.

2(b) –

There were no changes in the registrant’s internal control over financial reporting (as defined in Rule 30a-3(d) under the 1940 Act) that occurred during the registrant’s last fiscal quarter that have materially affected, or are reasonably likely to materially affect, the registrant’s internal control over financial reporting.

Item 3 – Exhibits

Certifications – Attached hereto

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.


BlackRock Municipal Income Investment Quality Trust

By:		/s/ John M. Perlowski
		John M. Perlowski
		Chief Executive Officer (principal executive officer) of
		BlackRock Municipal Income Investment Quality Trust



Date: July 23, 2014

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.


By:		/s/ John M. Perlowski
		John M. Perlowski
		Chief Executive Officer (principal executive officer) of
		BlackRock Municipal Income Investment Quality Trust



Date: July 23, 2014

By:		/s/ Neal J. Andrews
		Neal J. Andrews
		Chief Financial Officer (principal financial officer) of
		BlackRock Municipal Income Investment Quality Trust



Date: July 23, 2014