BlackRock MuniHoldings Quality Fund II, Inc.
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 811-09191
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|
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| Name of Fund: |
|
BlackRock MuniHoldings Quality Fund II, Inc. (MUE) |
|
|
| Fund Address: |
|
100 Bellevue Parkway, Wilmington, DE 19809 |
Name and address of agent for service: John M. Perlowski, Chief Executive Officer, BlackRock
MuniHoldings Quality Fund II, Inc., 55 East 52nd Street, New York, NY 10055
Registrant’s telephone number, including area code: (800) 882-0052, Option 4
Date of fiscal year end: 07/31/2019
Date of reporting period: 10/31/2018
Item 1 – Schedule of Investments
|
|
|
| Schedule of Investments (unaudited)
October 31, 2018 |
|
BlackRock MuniHoldings Quality Fund II, Inc. (MUE)
(Percentages shown are based on Net Assets) |
|
|
|
|
|
|
|
|
|
| Security |
|
Par
(000) |
|
|
Value |
|
| Municipal Bonds — 131.0% |
|
|
| Alabama — 3.4% |
|
| City of Birmingham Alabama Special Care Facilities Financing Authority, RB, Children’s Hospital (AGC),
6.00%, 06/01/19(a) |
|
$ |
5,225 |
|
|
$ |
5,345,854 |
|
| City of Selma Alabama IDB, RB, Gulf Opportunity Zone, International Paper Co. Project, Series A, 5.38%,
12/01/35 |
|
|
940 |
|
|
|
1,016,140 |
|
| Lower Alabama Gas District, RB, Series A,
5.00%, 09/01/46 |
|
|
3,200 |
|
|
|
3,583,680 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
9,945,674 |
|
| California — 19.1% |
|
| California Health Facilities Financing Authority, RB, Sutter Health, Series B, 6.00%, 08/15/20(a) |
|
|
2,865 |
|
|
|
3,072,340 |
|
| California Municipal Finance Authority, ARB, Senior Lien, Linxs APM Project, AMT, 5.00%, 12/31/43 |
|
|
1,400 |
|
|
|
1,496,152 |
|
| City & County of San Francisco California Airports Commission, ARB, Special Facility Lease, SFO
Fuel, Series A, AMT (AGM), 6.10%, 01/01/20 |
|
|
465 |
|
|
|
466,395 |
|
| City & County of San Francisco California Airports Commission, Refunding ARB, AMT, Series
A: |
|
|
|
|
|
|
|
|
| 2nd, 5.50%, 05/01/28 |
|
|
1,800 |
|
|
|
2,008,062 |
|
| 2nd, 5.25%, 05/01/33 |
|
|
1,410 |
|
|
|
1,535,730 |
|
| 5.00%, 05/01/44 |
|
|
1,860 |
|
|
|
2,002,271 |
|
| City of San Jose California, Refunding ARB, Norman Y Mineta San Jose International Airport SJC, Series A-1, AMT, 5.50%, 03/01/30 |
|
|
4,045 |
|
|
|
4,306,549 |
|
| City of Sunnyvale California, Refunding RB,
5.25%,
04/01/20(a) |
|
|
2,800 |
|
|
|
2,932,608 |
|
| County of Riverside Public Financing Authority, RB, Capital Facilities Project, 5.25%, 11/01/40 |
|
|
4,500 |
|
|
|
5,101,380 |
|
| Emery Unified School District, GO, Election of 2010, Series A (AGM), 5.50%, 08/01/21(a) |
|
|
1,875 |
|
|
|
2,051,625 |
|
| Kern Community College District, GO, Safety, Repair & Improvement, Series C, 5.50%,
11/01/33 |
|
|
2,445 |
|
|
|
2,780,185 |
|
| Los Angeles Community College District California, GO, Election of 2008, Series C, 5.25%, 08/01/20(a) |
|
|
2,000 |
|
|
|
2,115,960 |
|
| Redondo Beach Unified School District, GO, Election of 2008, Series E, 5.50%, 08/01/21(a) |
|
|
2,670 |
|
|
|
2,925,279 |
|
|
|
|
|
|
|
|
|
|
| Security |
|
Par
(000) |
|
|
Value |
|
| California (continued) |
|
| Regents of the University of California Medical Center Pooled Revenue, Refunding RB, Series J: |
|
|
|
|
|
|
|
|
| 5.25%, 05/15/23(a) |
|
$ |
5,905 |
|
|
$ |
6,708,493 |
|
| 5.25%, 05/15/38 |
|
|
1,675 |
|
|
|
1,848,664 |
|
| State of California Public Works Board, LRB, Various Capital Projects, Series I: |
|
|
|
|
|
|
|
|
| 5.50%, 11/01/30 |
|
|
5,000 |
|
|
|
5,640,400 |
|
| 5.50%, 11/01/31 |
|
|
3,130 |
|
|
|
3,526,227 |
|
| 5.50%, 11/01/33 |
|
|
3,000 |
|
|
|
3,372,300 |
|
| State of California Public Works Board, RB, Department of Corrections & Rehabilitation,
Series F,
5.25%, 09/01/33 |
|
|
1,260 |
|
|
|
1,397,315 |
|
| Township of Washington California Health Care District, GO, Election of 2004, Series B,
5.50%,
08/01/40 |
|
|
940 |
|
|
|
1,069,015 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
56,356,950 |
|
| Colorado — 2.2% |
|
| City & County of Denver Colorado Airport System, ARB, Series A, AMT: |
|
|
|
|
|
|
|
|
| 5.50%, 11/15/28 |
|
|
1,500 |
|
|
|
1,680,000 |
|
| 5.50%, 11/15/30 |
|
|
565 |
|
|
|
631,122 |
|
| 5.50%, 11/15/31 |
|
|
675 |
|
|
|
752,989 |
|
| Colorado Health Facilities Authority, RB, Hospital, NCMC, Inc. Project, Series B (AGM),
6.00%, 05/15/19(a) |
|
|
3,300 |
|
|
|
3,371,808 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
6,435,919 |
|
| Connecticut — 1.0% |
|
| State of Connecticut, GO, Series A, 5.00%, 04/15/38 |
|
|
1,690 |
|
|
|
1,804,075 |
|
| State of Connecticut Health & Educational Facility Authority, Refunding RB, Sacred Heart University
Issue, Series I-1, 5.00%, 07/01/42 |
|
|
1,015 |
|
|
|
1,089,420 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
2,893,495 |
|
| Florida — 17.9% |
|
| County of Broward Florida Airport System, ARB, Series A, AMT, 5.00%, 10/01/45 |
|
|
1,440 |
|
|
|
1,543,248 |
|
| County of Broward Florida Airport System Revenue, ARB, Series A, AMT, 5.13%, 10/01/38 |
|
|
5,665 |
|
|
|
6,114,291 |
|
| County of Hillsborough Florida Aviation Authority, Refunding ARB, Tampa International Airport, Series A, AMT,
5.50%, 10/01/29 |
|
|
2,995 |
|
|
|
3,330,320 |
|
| County of Lee Florida, Refunding ARB, Series A, AMT, 5.38%, 10/01/32 |
|
|
2,500 |
|
|
|
2,660,900 |
|
|
|
|
| Schedule of Investments (unaudited) (continued)
October 31, 2018 |
|
BlackRock MuniHoldings Quality Fund II, Inc. (MUE)
(Percentages shown are based on Net Assets) |
|
|
|
|
|
|
|
|
|
| Security |
|
Par
(000) |
|
|
Value |
|
| Florida (continued) |
|
| County of Lee Florida HFA, RB, S/F Housing, Multi-County Program, Series
A-2, AMT (Ginnie Mae, Fannie Mae & Freddie Mac), 6.00%, 09/01/40 |
|
$ |
180 |
|
|
$ |
181,719 |
|
| County of Miami-Dade Florida, RB, Seaport Department: |
|
|
|
|
|
|
|
|
| Series A, 5.38%, 10/01/33 |
|
|
1,765 |
|
|
|
1,936,540 |
|
| Series A, 5.50%, 10/01/42 |
|
|
3,000 |
|
|
|
3,274,290 |
|
| Series B, AMT, 6.25%, 10/01/38 |
|
|
800 |
|
|
|
901,968 |
|
| Series B, AMT, 6.00%, 10/01/42 |
|
|
1,060 |
|
|
|
1,185,748 |
|
| County of Miami-Dade Florida, Refunding RB, Water & Sewer System, Series B,
5.25%,
10/01/29 |
|
|
3,130 |
|
|
|
3,476,648 |
|
| County of Miami-Dade Florida Aviation, Refunding ARB, Series A, AMT, 5.00%, 10/01/31 |
|
|
5,155 |
|
|
|
5,507,396 |
|
| County of Miami-Dade Florida Aviation Revenue, Refunding ARB, Series A, AMT, 5.00%, 10/01/32 |
|
|
5,000 |
|
|
|
5,336,050 |
|
| County of Orange Florida School Board, COP, Series A (AGC), 5.50%, 08/01/19(a) |
|
|
7,600 |
|
|
|
7,801,248 |
|
| Reedy Creek Florida Improvement District, GO, Series A, 5.25%, 06/01/32 |
|
|
1,805 |
|
|
|
2,006,961 |
|
| Tohopekaliga Water Authority, Refunding RB, Series A, 5.25%, 10/01/21(a) |
|
|
6,965 |
|
|
|
7,555,075 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
52,812,402 |
|
| Hawaii — 1.7% |
|
| State of Hawaii Airports System, ARB, Series A, AMT, 5.00%, 07/01/45 |
|
|
2,805 |
|
|
|
3,037,422 |
|
| State of Hawaii Airports System, COP, AMT: |
|
|
|
|
|
|
|
|
| 5.25%, 08/01/25 |
|
|
740 |
|
|
|
811,750 |
|
| 5.25%, 08/01/26 |
|
|
1,205 |
|
|
|
1,315,716 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
5,164,888 |
|
| Illinois — 15.5% |
|
| City of Chicago Illinois Midway International Airport, Refunding GARB, 2nd Lien, Series A, AMT: |
|
|
|
|
|
|
|
|
| 5.00%, 01/01/41 |
|
|
1,140 |
|
|
|
1,207,921 |
|
| 5.50%, 01/01/28 |
|
|
1,000 |
|
|
|
1,095,900 |
|
| 5.50%, 01/01/29 |
|
|
1,500 |
|
|
|
1,642,005 |
|
| 5.38%, 01/01/33 |
|
|
2,000 |
|
|
|
2,171,480 |
|
| City of Chicago Illinois O’Hare International Airport, GARB: |
|
|
|
|
|
|
|
|
| 3rd Lien, Series A, 5.75%, 01/01/21(a) |
|
|
1,680 |
|
|
|
1,806,403 |
|
| 3rd Lien, Series A, 5.75%, 01/01/39 |
|
|
320 |
|
|
|
339,120 |
|
|
|
|
|
|
|
|
|
|
| Security |
|
Par
(000) |
|
|
Value |
|
| Illinois (continued) |
|
| City of Chicago Illinois O’Hare International Airport, GARB (continued): |
|
|
|
|
|
|
|
|
| 3rd Lien, Series C, 6.50%, 01/01/21(a) |
|
$ |
9,085 |
|
|
$ |
9,909,827 |
|
| Senior Lien, Series D, AMT, 5.00%, 01/01/42 |
|
|
735 |
|
|
|
778,894 |
|
| City of Chicago Illinois Transit Authority, RB: |
|
|
|
|
|
|
|
|
| Federal Transit Administration, Section 5309, Series A (AGC), 6.00%, 12/01/18(a) |
|
|
3,400 |
|
|
|
3,411,390 |
|
| Sales Tax Receipts, 5.25%, 12/01/36 |
|
|
2,940 |
|
|
|
3,090,675 |
|
| Sales Tax Receipts, 5.25%, 12/01/40 |
|
|
1,500 |
|
|
|
1,575,090 |
|
| City of Chicago Illinois Wastewater Transmission, RB, 2nd Lien, 5.00%, 01/01/42 |
|
|
2,985 |
|
|
|
3,097,893 |
|
| County of Cook Illinois Community College District No. 508, GO, City College of Chicago: |
|
|
|
|
|
|
|
|
| 5.25%, 12/01/30 |
|
|
1,270 |
|
|
|
1,322,146 |
|
| 5.50%, 12/01/38 |
|
|
1,205 |
|
|
|
1,252,477 |
|
| 5.25%, 12/01/43 |
|
|
2,960 |
|
|
|
3,034,059 |
|
| Illinois Finance Authority, Refunding RB, Presence Health Network, Series C, 5.00%, 02/15/41 |
|
|
975 |
|
|
|
1,058,168 |
|
| Railsplitter Tobacco Settlement Authority,
RB(a): |
|
|
|
|
|
|
|
|
| 5.50%, 06/01/21 |
|
|
2,350 |
|
|
|
2,537,318 |
|
| 6.00%, 06/01/21 |
|
|
670 |
|
|
|
731,754 |
|
| State of Illinois, GO: |
|
|
|
|
|
|
|
|
| 5.25%, 02/01/31 |
|
|
1,495 |
|
|
|
1,548,192 |
|
| 5.25%, 02/01/32 |
|
|
2,320 |
|
|
|
2,394,890 |
|
| 5.50%, 07/01/33 |
|
|
1,000 |
|
|
|
1,054,480 |
|
| 5.50%, 07/01/38 |
|
|
700 |
|
|
|
731,801 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
45,791,883 |
|
| Indiana — 1.0% |
|
| Indianapolis Local Public Improvement Bond Bank, Refunding RB, Waterworks Project, Series A (AGC): |
|
|
|
|
|
|
|
|
| 5.50%, 01/01/19(a) |
|
|
465 |
|
|
|
467,785 |
|
| 5.50%, 01/01/38 |
|
|
1,905 |
|
|
|
1,915,935 |
|
| State of Indiana Finance Authority, RB, Private Activity Bond, Ohio River Bridges, Series A, AMT, 5.00%,
07/01/40 |
|
|
460 |
|
|
|
482,963 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
2,866,683 |
|
|
|
|
| Schedule of Investments (unaudited) (continued)
October 31, 2018 |
|
BlackRock MuniHoldings Quality Fund II, Inc. (MUE)
(Percentages shown are based on Net Assets) |
|
|
|
|
|
|
|
|
|
| Security |
|
Par
(000) |
|
|
Value |
|
| Iowa — 0.7% |
|
| Iowa Finance Authority, RB, Lifespace Communities, Series A, 5.00%, 05/15/48 |
|
$ |
1,950 |
|
|
$ |
1,992,081 |
|
|
|
|
|
|
|
|
|
|
| Louisiana — 1.5% |
|
| Lake Charles Louisiana Harbor & Terminal District, RB, Series B, AMT (AGM), 5.50%, 01/01/29 |
|
|
2,225 |
|
|
|
2,456,667 |
|
| Tobacco Settlement Financing Corp., Refunding RB, Asset-Backed, Series A, 5.50%, 05/15/29 |
|
|
2,020 |
|
|
|
2,051,613 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
4,508,280 |
|
| Maryland — 2.7% |
|
| County of Howard Maryland Housing Commission, RB, M/F Housing, Woodfield Oxford Square Apartments, 5.00%,
12/01/42 |
|
|
2,450 |
|
|
|
2,625,297 |
|
| Maryland Stadium Authority, RB, Construction and Revitalization Program, 5.00%, 05/01/34 |
|
|
4,780 |
|
|
|
5,392,175 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
8,017,472 |
|
| Massachusetts — 1.0% |
|
| Massachusetts Development Finance Agency, RB, Emerson College Issue, Series A: |
|
|
|
|
|
|
|
|
| 5.00%, 01/01/47 |
|
|
420 |
|
|
|
440,038 |
|
| 5.25%, 01/01/42 |
|
|
940 |
|
|
|
1,004,211 |
|
| Massachusetts Development Finance Agency, Refunding RB, Emerson College, Series A,
5.00%,
01/01/40 |
|
|
1,025 |
|
|
|
1,084,389 |
|
| Massachusetts HFA, Refunding RB, Series C, AMT, 5.35%, 12/01/42 |
|
|
485 |
|
|
|
487,081 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
3,015,719 |
|
| Michigan — 1.2% |
|
| Hudsonville Michigan Public Schools, GO, School Building & Site
(Q-SBLF), 5.25%, 05/01/21(a) |
|
|
3,420 |
|
|
|
3,677,287 |
|
|
|
|
|
|
|
|
|
|
| Minnesota — 1.0% |
|
| City of Minneapolis Minnesota, Refunding RB, Fairview Health Services, Series B (AGC): |
|
|
|
|
|
|
|
|
| 6.50%, 11/15/18(a) |
|
|
305 |
|
|
|
305,512 |
|
| 6.50%, 11/15/38 |
|
|
1,670 |
|
|
|
1,672,806 |
|
| County of St. Paul Minnesota Housing & Redevelopment Authority, Refunding RB, Fairview Health
Services, Series A, 4.00%, 11/15/43 |
|
|
985 |
|
|
|
956,140 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
2,934,458 |
|
|
|
|
|
|
|
|
|
|
| Security |
|
Par
(000) |
|
|
Value |
|
| Mississippi — 1.3% |
|
| Mississippi Development Bank, RB, Jackson Water & Sewer System Project (AGM), 6.88%,
12/01/40 |
|
$ |
2,225 |
|
|
$ |
2,611,238 |
|
| Mississippi State University Educational Building Corp., Refunding RB, Mississippi State University
Improvement Project, 5.25%, 08/01/23(a) |
|
|
1,000 |
|
|
|
1,129,990 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
3,741,228 |
|
| Montana — 0.3% |
|
| Montana State Board of Housing, RB, S/F, Series B-2: |
|
|
|
|
|
|
|
|
| 3.38%, 12/01/37 |
|
|
420 |
|
|
|
393,204 |
|
| 3.50%, 12/01/42 |
|
|
185 |
|
|
|
169,569 |
|
| 3.60%, 12/01/47 |
|
|
280 |
|
|
|
253,246 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
816,019 |
|
| Nevada — 2.3% |
|
| City of Carson City Nevada, Refunding RB, Carson Tahoe Regional Healthcare Project,
5.00%,
09/01/42 |
|
|
580 |
|
|
|
613,907 |
|
| County of Clark Nevada, ARB, Las Vegas-McCarran International Airport, Series A (AGM),
5.25%,
07/01/39 |
|
|
3,210 |
|
|
|
3,313,137 |
|
| County of Clark Nevada, GO, Stadium Improvement, Series A: |
|
|
|
|
|
|
|
|
| 5.00%, 06/01/36 |
|
|
2,065 |
|
|
|
2,325,975 |
|
| 5.00%, 06/01/37 |
|
|
500 |
|
|
|
561,890 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
6,814,909 |
|
| New Jersey — 8.1% |
|
| New Jersey EDA, RB: |
|
|
|
|
|
|
|
|
| Goethals Bridge Replacement Project, AMT, Private Activity Bond, 5.38%, 01/01/43 |
|
|
1,940 |
|
|
|
2,075,373 |
|
| Private Activity Bond, Goethals Bridge Replacement Project, AMT (AGM),
5.00%, 01/01/31 |
|
|
1,355 |
|
|
|
1,463,481 |
|
| State Government Buildings Project, Series A, 5.00%, 06/15/47 |
|
|
2,500 |
|
|
|
2,571,800 |
|
| New Jersey Health Care Facilities Financing Authority, RB, Virtua Health, Series A (AGC), 5.50%,
07/01/38 |
|
|
3,400 |
|
|
|
3,476,160 |
|
| New Jersey Housing & Mortgage Finance Agency, Refunding RB, S/F Housing, Series BB, AMT, 3.80%,
10/01/32 |
|
|
2,455 |
|
|
|
2,354,271 |
|
|
|
|
| Schedule of Investments (unaudited) (continued)
October 31, 2018 |
|
BlackRock MuniHoldings Quality Fund II, Inc. (MUE)
(Percentages shown are based on Net Assets) |
|
|
|
|
|
|
|
|
|
| Security |
|
Par
(000) |
|
|
Value |
|
| New Jersey (continued) |
|
| New Jersey Transportation Trust Fund Authority, RB, Transportation System: |
|
|
|
|
|
|
|
|
| Series A (AGC), 5.63%, 12/15/28 |
|
$
|
2,930 |
|
|
$
|
2,943,185 |
|
| Series AA, 5.50%, 06/15/39 |
|
|
3,040 |
|
|
|
3,225,197 |
|
| New Jersey Transportation Trust Fund Authority, Refunding RB, Transportation System, Series A, 5.00%,
12/15/32 |
|
|
2,735 |
|
|
|
2,916,057 |
|
| Tobacco Settlement Financing Corp., Refunding RB: |
|
|
|
|
|
|
|
|
| Series A, 5.25%, 06/01/46 |
|
|
2,355 |
|
|
|
2,489,259 |
|
| Sub-Series B, 5.00%, 06/01/46 |
|
|
445 |
|
|
|
450,732 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
23,965,515 |
|
| New York — 9.6% |
|
| City of New York New York, GO, Sub-Series F-1, 5.00%, 04/01/36 |
|
|
3,590 |
|
|
|
4,024,749 |
|
| City of New York New York Municipal Water Finance Authority, Refunding RB, Water & Sewer System, 2nd
General Resolution, Series EE, 5.38%, 06/15/43 |
|
|
2,220 |
|
|
|
2,356,086 |
|
| City of New York New York Water & Sewer System, Refunding RB, 2nd General Resolution, Fiscal 2009,
Series EE, 5.25%, 06/15/40 |
|
|
6,930 |
|
|
|
7,050,929 |
|
| Hudson Yards Infrastructure Corp., RB, Senior, Fiscal 2012: |
|
|
|
|
|
|
|
|
| 5.75%, 02/15/21(a) |
|
|
580 |
|
|
|
627,264 |
|
| 5.75%, 02/15/47 |
|
|
360 |
|
|
|
385,243 |
|
| Metropolitan Transportation Authority, RB: |
|
|
|
|
|
|
|
|
| Series A, 5.25%, 11/15/21(a) |
|
|
8,500 |
|
|
|
9,286,080 |
|
| Series A-1, 5.25%, 11/15/39 |
|
|
1,550 |
|
|
|
1,685,424 |
|
| Port Authority of New York & New Jersey, Refunding ARB, Consolidated, 166th Series, 5.25%,
07/15/36 |
|
|
2,000 |
|
|
|
2,121,960 |
|
| TSASC, Inc., Refunding RB, Series A,
5.00%, 06/01/41 |
|
|
895 |
|
|
|
916,283 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
28,454,018 |
|
| Ohio — 0.9% |
|
|
|
|
|
|
| State of Ohio Turnpike Commission, RB, Junior Lien, Infrastructure Projects, Series A-1,
5.25%, 02/15/31 |
|
|
2,500 |
|
|
|
2,748,850 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Security |
|
Par
(000) |
|
|
Value |
|
| Oklahoma — 0.5% |
|
| Oklahoma Development Finance Authority, RB, Provident Oklahoma Education Resources, Inc., Cross Village
Student Housing Project, Series A, 5.25%, 08/01/57 |
|
$ |
1,640 |
|
|
$ |
1,509,062 |
|
|
|
|
|
|
|
|
|
|
| Pennsylvania — 8.2% |
|
| Altoona Area School District, GO, 5.00%, 12/01/36 |
|
|
185 |
|
|
|
202,022 |
|
| County of Delaware Springfield School District, GO: |
|
|
|
|
|
|
|
|
| 5.00%, 03/01/40 |
|
|
1,485 |
|
|
|
1,650,949 |
|
| 5.00%, 03/01/43 |
|
|
1,100 |
|
|
|
1,220,153 |
|
| County of Montgomery Higher Education & Health Authority, Refunding RB, Thomas Jeferson University,
Series A, 5.00%, 09/01/48 |
|
|
1,690 |
|
|
|
1,816,209 |
|
| County of Northampton Pennsylvania General Purpose Authority, Refunding RB, Lafayette College, 4.00%,
11/01/38 |
|
|
5,930 |
|
|
|
5,881,611 |
|
| County of Westmoreland Pennsylvania Municipal Authority, Refunding RB, (BAM), 5.00%, 08/15/36 |
|
|
2,215 |
|
|
|
2,439,667 |
|
| Pennsylvania Housing Finance Agency, RB, S/F, Series 125B, 3.65%, 10/01/42 |
|
|
3,000 |
|
|
|
2,786,730 |
|
| Pennsylvania Turnpike Commission, RB, Sub-Series B-1, 5.25%, 06/01/47 |
|
|
2,300 |
|
|
|
2,470,683 |
|
| Swarthmore Borough Authority, RB, Swarthmore College, 5.00%, 09/15/47 |
|
|
1,600 |
|
|
|
1,803,040 |
|
| Township of Bristol Pennsylvania School District, GO: |
|
|
|
|
|
|
|
|
| 5.25%, 06/01/37 |
|
|
2,500 |
|
|
|
2,701,175 |
|
| 5.25%, 06/01/43 |
|
|
1,100 |
|
|
|
1,182,720 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
24,154,959 |
|
| South Carolina — 6.1% |
|
| County of Charleston South Carolina, RB, Special Source, 5.25%, 12/01/38 |
|
|
3,760 |
|
|
|
4,216,050 |
|
| County of Charleston South Carolina Airport District, ARB, Series A, AMT: |
|
|
|
|
|
|
|
|
| 6.00%, 07/01/38 |
|
|
2,940 |
|
|
|
3,289,831 |
|
| 5.50%, 07/01/41 |
|
|
2,500 |
|
|
|
2,740,350 |
|
| State of South Carolina Ports Authority, RB, AMT, 5.25%, 07/01/50 |
|
|
1,870 |
|
|
|
2,020,217 |
|
|
|
|
| Schedule of Investments (unaudited) (continued)
October 31, 2018 |
|
BlackRock MuniHoldings Quality Fund II, Inc. (MUE)
(Percentages shown are based on Net Assets) |
|
|
|
|
|
|
|
|
|
| Security |
|
Par
(000) |
|
|
Value |
|
| South Carolina (continued) |
|
| State of South Carolina Public Service Authority, RB, Series E, 5.50%, 12/01/53 |
|
$ |
1,000 |
|
|
$ |
1,054,670 |
|
| State of South Carolina Public Service Authority, Refunding RB: |
|
|
|
|
|
|
|
|
| Series C, 5.00%, 12/01/46 |
|
|
1,000 |
|
|
|
1,039,780 |
|
| Series E, 5.25%, 12/01/55 |
|
|
3,500 |
|
|
|
3,703,175 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
18,064,073 |
|
| Tennessee — 1.1% |
|
| Metropolitan Nashville Airport Authority, ARB, Series B, AMT, 5.00%, 07/01/40 |
|
|
3,000 |
|
|
|
3,215,490 |
|
|
|
|
|
|
|
|
|
|
| Texas — 11.9% |
|
| City of Beaumont Texas, GO, Certificates of Obligation, 5.25%, 03/01/37 |
|
|
2,345 |
|
|
|
2,565,664 |
|
| City of Houston Texas Airport System Revenue, Refunding RB,
Sub-Series D, 5.00%, 07/01/37 |
|
|
2,010 |
|
|
|
2,237,874 |
|
| City of Houston Texas Combined Utility System, Refunding RB, Combined 1st Lien, Series A (AGC)(a): |
|
|
|
|
|
|
|
|
| 6.00%, 05/15/19 |
|
|
6,345 |
|
|
|
6,482,369 |
|
| 6.00%, 05/15/19 |
|
|
355 |
|
|
|
362,782 |
|
| County of Tarrant Texas Cultural Education Facilities Finance Corp., Refunding RB, Christus Health, Series A
(AGC): |
|
|
|
|
|
|
|
|
| 6.50%, 01/01/19(a) |
|
|
620 |
|
|
|
624,693 |
|
| 6.50%, 07/01/37 |
|
|
2,380 |
|
|
|
2,398,302 |
|
| Dallas Texas Area Rapid Transit, Refunding RB, Senior Lien (a): |
|
|
|
|
|
|
|
|
| 5.25%, 12/01/18 |
|
|
2,605 |
|
|
|
2,612,112 |
|
| 5.25%, 12/01/18 |
|
|
1,950 |
|
|
|
1,955,401 |
|
| Dallas-Fort Worth Texas International Airport, ARB, Joint Improvement, AMT: |
|
|
|
|
|
|
|
|
| Series A, 5.00%, 11/01/38 |
|
|
1,615 |
|
|
|
1,670,814 |
|
| Series H, 5.00%, 11/01/37 |
|
|
1,810 |
|
|
|
1,890,817 |
|
| Lower Colorado River Authority, Refunding RB, 5.50%, 05/15/33 |
|
|
2,155 |
|
|
|
2,404,140 |
|
| North Texas Tollway Authority, RB, Special Projects, Series A, 5.50%, 09/01/21(a) |
|
|
5,480 |
|
|
|
5,954,568 |
|
| North Texas Tollway Authority, Refunding RB, 1st Tier: |
|
|
|
|
|
|
|
|
| System, Series K-2 (AGC), 6.00%, 01/01/19(a) |
|
|
1,000 |
|
|
|
1,006,520 |
|
| Series A, 5.00%, 01/01/48 |
|
|
1,775 |
|
|
|
1,924,136 |
|
|
|
|
|
|
|
|
|
|
| Security |
|
Par
(000) |
|
|
Value |
|
| Texas (continued) |
|
| Red River Texas Education Financing Corp., RB, Texas Christian University Project,
5.25%,
03/15/38 |
|
$ |
1,070 |
|
|
$ |
1,172,003 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
35,262,195 |
|
| Vermont — 0.9% |
|
| University of Vermont & State Agricultural College, Refunding RB, 5.00%, 10/01/43 |
|
|
2,535 |
|
|
|
2,797,398 |
|
|
|
|
|
|
|
|
|
|
| Virginia — 2.5% |
|
| City of Lexington Virginia IDA, RB, Washington & Lee University, 5.00%, 01/01/43 |
|
|
945 |
|
|
|
1,010,451 |
|
| State of Virginia Public School Authority, RB, Fluvanna County School Financing,
6.50%, 12/01/18(a) |
|
|
2,195 |
|
|
|
2,202,968 |
|
| Virginia Small Business Financing Authority, RB, Transform 66 P3 Project, AMT, 5.00%, 12/31/49 |
|
|
4,000 |
|
|
|
4,191,600 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
7,405,019 |
|
| Washington — 6.4% |
|
| City of Seattle Washington Municipal Light & Power, Refunding RB, Series A, 5.25%, 02/01/21(a) |
|
|
2,400 |
|
|
|
2,563,920 |
|
| Port of Seattle Washington, ARB, Intermediate Lien, Series C, AMT: |
|
|
|
|
|
|
|
|
| 5.00%, 05/01/37 |
|
|
2,485 |
|
|
|
2,705,469 |
|
| 5.00%, 05/01/42 |
|
|
660 |
|
|
|
710,101 |
|
| State of Washington, COP, Series B: |
|
|
|
|
|
|
|
|
| 5.00%, 07/01/36 |
|
|
1,000 |
|
|
|
1,114,230 |
|
| 5.00%, 07/01/38 |
|
|
1,155 |
|
|
|
1,270,096 |
|
| State of Washington, GO: |
|
|
|
|
|
|
|
|
| Series C, 5.00%, 02/01/36 |
|
|
7,565 |
|
|
|
8,511,760 |
|
| Various Purposes, Series B, 5.25%, 02/01/21(a) |
|
|
1,865 |
|
|
|
1,992,379 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
18,867,955 |
|
| Wisconsin — 0.8% |
|
| Wisconsin Health & Educational Facilities Authority, Refunding RB, Milwaukee Regional Medical Center
Thermal Service, 5.00%, 04/01/44(b) |
|
|
2,065 |
|
|
|
2,258,821 |
|
|
|
|
|
|
|
|
|
|
| Wyoming — 0.2% |
|
| State of Wyoming Municipal Power Agency, Inc., Refunding RB, Series A (BAM), 5.00%, 01/01/42 |
|
|
570 |
|
|
|
618,011 |
|
|
|
|
|
|
|
|
|
|
| Total Municipal Bonds — 131.0%
(Cost — $374,604,841) |
|
|
|
387,106,713 |
|
|
|
|
| Schedule of Investments (unaudited) (continued)
October 31, 2018 |
|
BlackRock MuniHoldings Quality Fund II, Inc. (MUE)
(Percentages shown are based on Net Assets) |
|
|
|
|
|
|
|
|
|
| Security |
|
Par
(000) |
|
|
Value |
|
| Municipal Bonds Transferred to Tender Option Bond Trusts(c) |
|
|
| California — 2.8% |
|
| Sacramento Area Flood Control Agency, Refunding, Consolidated Capital Assessment District No. 2 Bonds,
5.00%, 10/01/47 |
|
$ |
7,499 |
|
|
$ |
8,247,488 |
|
|
|
|
|
|
|
|
|
|
| Colorado — 1.2% |
|
| City & County of Denver Colorado Airport System Revenue, Refunding ARB, Sub-System,
Series A, AMT, 5.25%, 12/01/43(d) |
|
|
3,262 |
|
|
|
3,637,415 |
|
|
|
|
|
|
|
|
|
|
| Connecticut — 1.1% |
|
| State of Connecticut Health & Educational Facility Authority, Refunding RB, Trinity Health Credit
Group, 5.00%, 12/01/45 |
|
|
3,061 |
|
|
|
3,317,955 |
|
|
|
|
|
|
|
|
|
|
| Illinois — 4.3% |
|
| City of Chicago Illionis Waterworks, Refunding RB, Water Revenue Project (AGM), 2nd Lien: |
|
|
|
|
|
|
|
|
| 2017, 5.25%, 11/01/33 |
|
|
2,628 |
|
|
|
2,629,424 |
|
| 2017, 5.25%, 11/01/33 |
|
|
763 |
|
|
|
763,090 |
|
| 5.25%, 11/01/33 |
|
|
576 |
|
|
|
576,128 |
|
| State of Illinois Toll Highway Authority, RB: |
|
|
|
|
|
|
|
|
| Series A, 5.00%, 01/01/40 |
|
|
1,980 |
|
|
|
2,150,893 |
|
| Series B, 5.00%, 01/01/40 |
|
|
6,148 |
|
|
|
6,626,373 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
12,745,908 |
|
| Maryland — 0.9% |
|
| City of Baltimore Maryland Water Utility Fund, RB, Wastewater Project, Series A, 5.00%, 07/01/46 |
|
|
2,499 |
|
|
|
2,738,645 |
|
|
|
|
|
|
|
|
|
|
| Nevada — 2.9% |
|
| County of Clark Nevada Water Reclamation District, GO, Series B, 5.50%, 07/01/19(a) |
|
|
8,247 |
|
|
|
8,442,673 |
|
|
|
|
|
|
|
|
|
|
| New Jersey — 1.6% |
|
| New Jersey Housing & Mortgage Finance Agency, RB, S/F Housing, Series CC, 5.25%, 10/01/29 |
|
|
3,041 |
|
|
|
3,061,238 |
|
|
|
|
|
|
|
|
|
|
| Security |
|
Par
(000) |
|
|
Value |
|
| New Jersey (continued) |
|
|
|
|
|
|
| New Jersey Transportation Trust Fund Authority, RB, Transportation System, Series B,
5.25%, 06/15/36(d) |
|
$ |
1,500 |
|
|
$ |
1,562,022 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
4,623,260 |
|
| New York — 7.3% |
|
| City of New York Municipal Water Finance Authority, Refunding RB, Series FF,
5.00%, 06/15/45 |
|
|
5,958 |
|
|
|
6,411,392 |
|
| City of New York Transitional Finance Authority, BARB, Fiscal 2009, Series
S-3, 5.25%, 01/15/39 |
|
|
2,300 |
|
|
|
2,315,565 |
|
| New York Liberty Development Corp., ARB, 1 World Trade Center Port Authority Consolidated Bonds, 5.25%,
12/15/43 |
|
|
7,515 |
|
|
|
8,100,308 |
|
| New York Liberty Development Corp., Refunding RB, 4 World Trade Center Project,
5.75%, 11/15/51(d) |
|
|
4,400 |
|
|
|
4,789,332 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
21,616,597 |
|
| Pennsylvania — 1.9% |
|
| Commonwealth of Pennsylvania, GO, 1st Series, 4.00%,
03/01/38(d) |
|
|
3,600 |
|
|
|
3,556,836 |
|
| County of Westmoreland Pennsylvania Municipal Authority, Refunding RB, (BAM), 5.00%, 08/15/38 |
|
|
1,963 |
|
|
|
2,122,389 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
5,679,225 |
|
| Texas — 1.6% |
|
|
|
|
|
|
| County of Tarrant Texas Cultural Education Facilities Finance Corp., RB, Baylor Health Care System Project,
Series A, 5.00%, 11/15/38 |
|
|
4,296 |
|
|
|
4,583,639 |
|
|
|
|
|
|
|
|
|
|
| Health — 0.9% |
|
|
|
|
|
|
| City of Riverton Utah, RB, IHC Health Services, Inc., 5.00%, 08/15/19(a) |
|
|
2,504 |
|
|
|
2,563,932 |
|
|
|
|
|
|
|
|
|
|
| Virginia — 1.4% |
|
|
|
|
|
|
| County of Fairfax Virginia EDA, RB, Metrorail Parking System Project, 5.00%, 04/01/47(d) |
|
|
3,720 |
|
|
|
4,103,569 |
|
|
|
|
|
|
|
|
|
|
| Total Municipal Bonds Transferred to Tender
Option Bond Trusts — 27.9%
(Cost —
$81,603,369) |
|
|
|
82,300,306 |
|
|
|
|
|
|
|
|
|
|
| Total Long-Term Investments — 158.9%
(Cost —
$456,208,210) |
|
|
|
469,407,019 |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Schedule of Investments (unaudited) (continued)
October 31, 2018 |
|
BlackRock MuniHoldings Quality Fund II, Inc. (MUE)
(Percentages shown are based on Net Assets) |
|
|
|
|
|
|
|
|
|
| Security |
|
Shares |
|
|
Value |
|
| Short-Term Securities — 0.8% |
|
| BlackRock Liquidity Funds, MuniCash, Institutional Class,
1.45%(e)(f) |
|
|
2,471,199 |
|
|
$ |
2,471,446 |
|
|
|
|
|
|
|
|
|
|
| Total Short-Term Securities — 0.8%
(Cost — $2,471,446) |
|
|
|
2,471,446 |
|
|
|
|
|
|
|
|
|
|
|
|
| Total Investments — 159.7%
(Cost — $458,679,656) |
|
|
|
471,878,465 |
|
| Other Assets Less Liabilities — 1.1% |
|
|
|
3,498,731 |
|
| Liability for TOB Trust Certificates, Including Interest Expense and Fees Payable —
(16.5)% |
|
|
|
(48,890,812 |
) |
| VMTP Shares at Liquidation Value — (44.3)% |
|
|
|
(131,000,000 |
) |
|
|
|
|
|
|
|
|
|
| Net Assets Applicable to Common Shares — 100.0% |
|
|
$ |
295,486,384 |
|
|
|
|
|
|
|
|
|
|
| (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) |
When-issued security. |
| (c) |
Represent bonds transferred to a TOB Trust in exchange of cash and residual certificates received by the Fund. These bonds
serve as collateral in a secured borrowing. |
| (d) |
All or a portion of security is subject to a recourse agreement. The aggregate maximum potential amount the Fund could
ultimately be required to pay under the agreement(s), which expire between June 15, 2019 to June 1, 2026, is $ 9,048,085. |
| (e) |
Annualized 7-day yield as of period end. |
| (f) |
During the period ended October 31, 2018, investments in issuers considered to be an affiliate of the Fund for
purposes of Section 2(a)(3) of the Investment Company Act of 1940, as amended, were as follows: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Affiliate |
|
Shares
Held at
07/31/2018 |
|
|
Net
Activity |
|
|
Shares
Held at
10/31/18 |
|
|
Value at
10/31/18 |
|
|
Income |
|
|
Net
Realized
Gain (Loss) (a) |
|
|
Change in
Unrealized
Appreciation
(Depreciation) |
|
| BlackRock Liquidity Funds, MuniCash, Institutional Class |
|
|
2,901,453 |
|
|
|
(430,254 |
) |
|
|
2,471,199 |
|
|
$ |
2,471,446 |
|
|
$ |
10,098 |
|
|
$ |
(3 |
) |
|
$ |
(289 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
(a) |
Includes net capital gain distributions, if applicable. |
|
Portfolio Abbreviations
AGC —
Assured Guarantee Corp.
AGM — Assured Guaranty Municipal Corp.
AMT —
Alternative Minimum Tax (subject to)
ARB — Airport Revenue Bonds
BAM —
Build America Mutual Assurance Co.
BARB — Building Aid Revenue Bonds
COP
— Certificates of Participation
EDA — Economic Development Authority
GARB — General Airport Revenue Bonds
GO — General Obligation Bonds
HFA — Housing Finance Agency
IDA — Industrial Development Authority
IDB — Industrial Development Board
LRB — Lease Revenue Bonds
M/F — Multi-Family
RB — Revenue Bonds
S/F — Single-Family
|
|
|
| Schedule of Investments (unaudited) (continued)
October 31, 2018 |
|
BlackRock MuniHoldings Quality Fund II, Inc. (MUE) |
Derivative Financial Instruments Outstanding as of Period End
Futures Contracts
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Description |
|
Number of
Contracts |
|
|
Expiration
Date |
|
|
Notional
Amount (000) |
|
|
Value/
Unrealized
Appreciation
(Depreciation) |
|
| Short Contracts: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| 10-Year U.S. Treasury Note |
|
|
17 |
|
|
|
12/19/18 |
|
|
$ |
2,013 |
|
|
$ |
15,460 |
|
| Long U.S. Treasury Bond |
|
|
51 |
|
|
|
12/19/18 |
|
|
|
7,044 |
|
|
|
170,340 |
|
| 5-Year U.S. Treasury Note |
|
|
35 |
|
|
|
12/31/18 |
|
|
|
3,933 |
|
|
|
20,021 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ |
205,821 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Fair Value Hierarchy as of Period End
Various
inputs are used in determining the fair value of investments and derivative financial instruments. These inputs to valuation techniques are categorized into a fair value 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
Fund 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 Fund’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. Investments classified within
Level 3 have significant unobservable inputs used by the BlackRock Global Valuation Methodologies Committee (the “Global Valuation Committee”) in determining the price for Fair Valued Investments. Level 3 investments include
equity or debt issued by privately held companies or funds. There may not be a secondary market, and/or there are a limited number of investors. Level 3 investments may also be adjusted to reflect illiquidity and/or non-transferability, with the amount of such discount estimated by the Global Valuation Committee in the absence of market information.
Changes in valuation techniques may result in transfers into or out of an assigned level within the hierarchy. In accordance with the Fund’s policy, transfers
between different levels of the fair value 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 investments and derivative financial instruments and is not necessarily an indication of the risks associated with investing in those securities. For information about the Fund’s policy regarding valuation of investments and
derivative financial instruments, refer to the Fund’s most recent financial statements as contained in its annual report.
|
|
|
| Schedule of Investments (unaudited) (continued)
October 31, 2018 |
|
BlackRock MuniHoldings Quality Fund II, Inc. (MUE) |
The following table summarizes the Fund’s investments and derivative financial instruments
categorized in the disclosure hierarchy:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
Level 1 |
|
|
Level 2 |
|
|
Level 3 |
|
|
Total |
|
| Assets: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Investments: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Long-Term Investments (a) |
|
$ |
— |
|
|
$ |
469,407,019 |
|
|
$ |
— |
|
|
$ |
469,407,019 |
|
| Short-Term Securities |
|
|
2,471,446 |
|
|
|
— |
|
|
|
— |
|
|
|
2,471,446 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ |
2,471,446 |
|
|
$ |
469,407,019 |
|
|
$ |
— |
|
|
$ |
471,878,465 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Derivative Financial Instruments (b) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Assets: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Interest rate contracts |
|
$ |
205,821 |
|
|
$ |
— |
|
|
$ |
— |
|
|
$ |
205,821 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
(a) |
See above Schedule of Investments for values in each state or political subdivision |
|
| |
(b) |
Derivative financial instruments are futures contracts which are valued at the unrealized appreciation (depreciation) on
the instrument. |
|
The Fund may hold assets and/or liabilities in which the fair value approximates the carrying amount for financial reporting
purposes. As of period end, such assets and/or liabilities are categorized within the disclosure hierarchy as follows:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
Level 1 |
|
|
Level 2 |
|
|
Level 3 |
|
|
Total |
|
| Liabilities: |
|
| TOB Trust Certificates |
|
$ |
— |
|
|
$ |
(48,726,703 |
) |
|
$ |
— |
|
|
$ |
(48,726,703 |
) |
| VMTP Shares at Liquidation Value |
|
|
— |
|
|
|
(131,000,000 |
) |
|
|
— |
|
|
|
(131,000,000 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ |
— |
|
|
$ |
(179,726,703 |
) |
|
$ |
— |
|
|
$ |
(179,726,703 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
During the period ended October 31, 2018, there were no transfers between levels.
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 MuniHoldings Quality Fund II, Inc. |
|
|
|
| By: |
|
/s/ John M. Perlowski |
|
|
|
|
John M. Perlowski |
|
|
|
|
Chief Executive Officer (principal executive officer) of |
|
|
BlackRock MuniHoldings Quality Fund II, Inc. |
|
|
| Date: December 19, 2018 |
|
|
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 MuniHoldings Quality Fund II, Inc. |
|
|
| Date: December 19, 2018 |
|
|
|
|
|
| By: |
|
/s/ Neal J. Andrews |
|
|
|
|
Neal J. Andrews |
|
|
|
|
Chief Financial Officer (principal financial officer) of |
|
|
BlackRock MuniHoldings Quality Fund II, Inc. |
|
|
| Date: December 19, 2018 |
|
|