MQT Blackrock MuniYield Quality Fund II Inc.

Blackrock MuniYield Quality Fund II Inc. (MQT) Company Description

To provide as high a level of current income exempt from federal income taxes by investing at least 80% of its net assets including preferred stock plus the amounts of any borrowings for investment purposes in a portfolio of municipal bonds the interest on which is excludable from gross income for Federal income tax purposes. It invests in a portfolio of municipal bonds which are rated in the three highest quality rating categories A or better or if unrated are considered by the Investment Adviser to be of comparable quality. It may invest in certain tax exempt securities classified as private activity bonds. The Fund seeks to achieve its investment objective by investing at least 80% of its assets in municipal bonds exempt from U.S. federal income taxes (except that the interest may be subject to the U.S federal alternative minimum tax). The Fund invests in municipal bonds which are in the three highest quality rating categories (A or better), or are deemed to be of comparable quality by the investment adviser at the time of investment. The Fund invests primarily in long-term municipal bonds with maturities of more than ten years at the time of investment. The Fund may invest directly in such securities or synthetically through the use of derivatives.