NPORT-EX 2 NPORT_LCQ1_19432481_0424.htm EDGAR HTML
Schedule of Investments (unaudited)
April 30, 2024
BlackRock MuniYield Quality Fund II, Inc. (MQT)
(Percentages shown are based on Net Assets)

 
Security
 
Par
(000)
Value
Municipal Bonds
Alabama — 4.8%
 
Black Belt Energy Gas District, RB(a)
 
 
 
4.00%, 10/01/52
$
1,355
$ 1,351,028
Series A, 5.25%, 01/01/54
 
835
880,429
Series A, 5.25%, 05/01/55
 
480
512,612
Series F, 5.50%, 11/01/53
 
810
852,122
County of Jefferson Alabama Sewer Revenue, Refunding
RB, 5.50%, 10/01/53
 
1,740
1,862,306
Energy Southeast A Cooperative District, RB(a)
 
 
 
Series B, 5.25%, 07/01/54
 
1,060
1,120,545
Series B-1, 5.75%, 04/01/54
 
1,815
1,975,237
Homewood Educational Building Authority, Refunding
RB, 5.00%, 12/01/47
 
655
663,967
Southeast Energy Authority A Cooperative District, RB(a)
 
 
 
Series A-1, 5.50%, 01/01/53
 
740
784,518
Series B-1, 5.00%, 05/01/53
 
2,055
2,116,037
 
 
 
12,118,801
Arizona — 3.3%
 
Arizona Industrial Development Authority, RB(b)
 
 
 
5.00%, 07/01/54
 
545
488,245
Series A, 5.00%, 07/01/49
 
545
480,095
Series A, 5.00%, 07/01/54
 
420
362,010
City of Phoenix Civic Improvement Corp., ARB, Series B,
AMT, Junior Lien, 5.00%, 07/01/44
 
1,745
1,794,497
City of Phoenix Civic Improvement Corp., RB, Junior
Lien, 5.25%, 07/01/47
 
910
1,003,048
Industrial Development Authority of the County of Pima,
RB, 5.00%, 07/01/39(b)
 
500
482,177
Industrial Development Authority of the County of Pima,
Refunding RB, 5.00%, 06/15/49(b)
 
1,025
942,816
Maricopa County Industrial Development Authority,
Refunding RB
 
 
 
5.00%, 07/01/54(b)
 
290
260,478
Series A, 5.00%, 09/01/37
 
575
605,679
Salt Verde Financial Corp., RB, 5.00%, 12/01/37
 
1,120
1,188,196
Sierra Vista Industrial Development Authority, RB,
5.75%, 06/15/53(b)
 
745
747,479
 
 
 
8,354,720
Arkansas — 0.7%
 
Arkansas Development Finance Authority, RB
 
 
 
AMT, 4.50%, 09/01/49(b)
 
1,275
1,238,474
AMT, Sustainability Bonds, 5.70%, 05/01/53
 
420
429,512
 
 
 
1,667,986
California — 5.0%
 
California Community Housing Agency, RB, M/F
Housing, 3.00%, 08/01/56(b)
 
120
83,740
California Enterprise Development Authority, RB, 8.00%,
11/15/62(b)
 
370
363,020
CSCDA Community Improvement Authority, RB, M/F
Housing(b)
 
 
 
Sustainability Bonds, 5.00%, 09/01/37
 
100
99,521
Sustainability Bonds, 4.00%, 12/01/56
 
200
145,723
Series A, Sustainability Bonds, 4.00%, 06/01/58
 
490
350,302
Mount San Antonio Community College District,
Refunding GO, CAB, Series A, Convertible, Election
2013, 6.25%, 08/01/43(c)
 
5,000
4,889,156
Norman Y Mineta San Jose International Airport SJC,
Refunding RB, Series A, AMT, 5.00%, 03/01/41
 
765
783,531
Security
 
Par
(000)
Value
California (continued)
 
Regents of the University of California Medical Center
Pooled Revenue, RB, Series P, 4.00%, 05/15/53
$
1,375
$ 1,344,632
San Diego Unified School District, GO, Series C, Election
2008, 0.00%, 07/01/38(d)
 
1,400
799,665
San Diego Unified School District, Refunding GO, CAB,
Series R-1, 0.00%, 07/01/31(d)
 
1,110
855,628
Yosemite Community College District, GO(d)
 
 
 
Series D, Election 2004, 0.00%, 08/01/36
 
2,000
1,331,448
Series D, Election 2004, 0.00%, 08/01/37
 
2,790
1,616,306
 
 
 
12,662,672
Colorado — 1.4%
 
City & County of Denver Colorado Airport System
Revenue, Refunding ARB, Series A, AMT, 5.00%,
11/15/47
 
240
248,952
Colorado Health Facilities Authority, RB, Series A,
4.00%, 11/15/46
 
945
881,921
Colorado Health Facilities Authority, Refunding RB,
Series A, 4.00%, 08/01/44
 
940
873,781
State of Colorado, COP, Series S, 4.00%, 03/15/40
 
1,635
1,639,804
 
 
 
3,644,458
Connecticut — 0.2%
 
Connecticut Housing Finance Authority, Refunding RB,
S/F Housing, Series A-1, 3.80%, 11/15/39
 
55
52,110
Connecticut State Health & Educational Facilities
Authority, RB
 
 
 
5.25%, 07/15/48
 
145
154,606
4.25%, 07/15/53
 
190
181,411
 
 
 
388,127
District of Columbia — 0.3%
 
Metropolitan Washington Airports Authority Dulles Toll
Road Revenue, Refunding RB, Series B, Subordinate,
4.00%, 10/01/49
 
875
792,572
Florida — 11.0%
 
Capital Trust Agency, Inc., RB(b)
 
 
 
5.00%, 01/01/55
 
535
440,071
Series A, 5.00%, 06/01/55
 
480
403,846
Series A, 5.50%, 06/01/57
 
170
154,047
City of South Miami Health Facilities Authority, Inc.,
Refunding RB, 5.00%, 08/15/42
 
2,340
2,373,586
City of Tampa Florida Water & Wastewater System
Revenue, RB, Series A, Sustainability Bonds, 5.25%,
10/01/57
 
2,210
2,391,207
City of Tampa Florida, RB, CAB(d)
 
 
 
Series A, 0.00%, 09/01/49
 
525
143,462
Series A, 0.00%, 09/01/53
 
295
64,358
County of Broward Florida Airport System Revenue,
ARB, Series A, AMT, 4.00%, 10/01/49
 
735
641,131
County of Broward Florida Port Facilities Revenue, ARB,
AMT, 5.25%, 09/01/47
 
1,000
1,055,757
County of Miami-Dade Florida Aviation Revenue,
Refunding ARB, Series A, AMT, 5.00%, 10/01/44
 
425
432,641
County of Miami-Dade Florida Aviation Revenue,
Refunding RB, AMT, 5.00%, 10/01/34
 
160
160,450
County of Miami-Dade Florida Water & Sewer System
Revenue, RB, 4.00%, 10/01/48
 
1,550
1,441,076
County of Miami-Dade Seaport Department, Refunding
RB
 
 
 
Series A, AMT, 5.00%, 10/01/41
 
360
378,097
Series A, AMT, 5.00%, 10/01/47
 
2,360
2,438,984
Schedule of Investments
1
Schedule of Investments (unaudited)(continued)
April 30, 2024
BlackRock MuniYield Quality Fund II, Inc. (MQT)
(Percentages shown are based on Net Assets)
Security
 
Par
(000)
Value
Florida (continued)
 
County of Miami-Dade Seaport Department, Refunding
RB (continued)
 
 
 
Series A-1, AMT, (AGM), 4.00%, 10/01/45
$
790
$ 728,351
County of Osceola Florida Transportation Revenue,
Refunding RB, CAB(d)
 
 
 
Series A-2, 0.00%, 10/01/46
 
480
143,400
Series A-2, 0.00%, 10/01/47
 
775
218,763
County of Pasco Florida, RB, (AGM), 5.75%, 09/01/54
 
180
198,927
Florida Development Finance Corp., RB(b)
 
 
 
6.50%, 06/30/57
 
340
324,684
AMT, 5.00%, 05/01/29
 
480
478,982
Florida Development Finance Corp., Refunding RB
 
 
 
5.00%, 09/15/50(b)
 
270
232,826
AMT, 07/15/32(a)(b)(e)
 
865
892,701
AMT, (AGM), 07/01/53(e)
 
3,040
3,167,057
Greater Orlando Aviation Authority, ARB, Sub-Series A,
AMT, 5.00%, 10/01/47
 
2,520
2,541,466
Hillsborough County Aviation Authority, ARB, Class A,
AMT, 5.00%, 10/01/48
 
2,165
2,193,048
Lakewood Ranch Stewardship District, SAB, 6.30%,
05/01/54
 
210
221,732
Lakewood Ranch Stewardship District, SAB, S/F
Housing
 
 
 
4.00%, 05/01/40
 
235
205,363
4.00%, 05/01/50
 
395
317,701
Orange County Health Facilities Authority, RB, Series A,
5.00%, 10/01/53
 
1,805
1,870,161
Orange County Housing Finance Authority, RB, S/F
Housing, Series A, (FHLMC, FNMA, GNMA), 3.75%,
09/01/47
 
110
97,088
Palm Beach County Health Facilities Authority, RB,
Series B, 4.00%, 11/15/41
 
140
130,497
Seminole Improvement District, RB, 5.30%, 10/01/37
 
150
144,949
Storey Creek Community Development District, SAB,
4.13%, 12/15/49
 
500
410,751
Village Community Development District No. 14, SAB,
5.50%, 05/01/53
 
530
542,457
Village Community Development District No. 15, SAB,
5.25%, 05/01/54(b)
 
215
217,016
 
 
 
27,796,633
Georgia — 1.9%
 
Development Authority for Fulton County, RB, 4.00%,
07/01/49
 
500
456,520
East Point Business & Industrial Development Authority,
RB, Series A, 5.25%, 06/15/62(b)
 
200
187,720
Gainesville & Hall County Hospital Authority, RB,
Series A, 4.00%, 02/15/51
 
875
791,234
Main Street Natural Gas, Inc., RB
 
 
 
Series A, 5.00%, 05/15/49
 
235
241,607
Series A, 5.00%, 06/01/53(a)
 
620
647,485
Municipal Electric Authority of Georgia, RB
 
 
 
Class A, 5.50%, 07/01/63
 
345
360,853
Series A, 5.00%, 01/01/49
 
1,190
1,212,468
Series A, 5.00%, 01/01/59
 
880
889,899
 
 
 
4,787,786
Hawaii — 0.9%
 
State of Hawaii Airports System Revenue, ARB,
Series A, AMT, 5.00%, 07/01/43
 
2,315
2,378,215
Security
 
Par
(000)
Value
Idaho — 0.1%
 
Idaho Housing & Finance Association, RB, S/F Housing,
Series A, (FHLMC, FNMA, GNMA), 4.60%, 01/01/49
$
320
$ 308,401
Illinois — 10.9%
 
Chicago Board of Education, GO
 
 
 
Series A, 5.00%, 12/01/34
 
1,265
1,339,214
Series A, 5.00%, 12/01/40
 
1,195
1,216,008
Series A, 5.00%, 12/01/47
 
360
357,197
Chicago Board of Education, Refunding GO, Series A,
5.00%, 12/01/30
 
135
142,022
Chicago Midway International Airport, Refunding ARB,
Series B, 5.00%, 01/01/46
 
1,980
1,996,833
Chicago O’Hare International Airport, Refunding ARB
 
 
 
Series A, AMT, Senior Lien, 5.00%, 01/01/48
 
740
750,363
Series A, AMT, Senior Lien, 4.38%, 01/01/53
 
830
776,107
Chicago Transit Authority Sales Tax Receipts Fund,
Refunding RB, Series A, 2nd Lien, 5.00%, 12/01/57
 
705
715,652
City of Chicago Illinois Wastewater Transmission
Revenue, RB, Series A, 2nd Lien, (AGM), 5.25%,
01/01/53
 
1,550
1,653,221
City of Chicago Illinois Waterworks Revenue, RB,
Series A, 2nd Lien, (AGM), 5.25%, 11/01/53
 
525
556,335
Illinois Finance Authority, RB, 5.00%, 10/01/48
 
475
506,932
Illinois Finance Authority, Refunding RB
 
 
 
4.13%, 08/15/37
 
665
629,635
5.00%, 08/15/44
 
305
306,172
Series A, 5.00%, 11/15/45
 
1,110
1,109,276
Illinois Housing Development Authority, RB, S/F Housing,
Series A, (FHLMC, FNMA, GNMA), 4.13%, 10/01/38
 
120
117,204
Illinois State Toll Highway Authority, RB
 
 
 
Series A, 5.00%, 01/01/40
 
730
737,721
Series A, 4.00%, 01/01/46
 
930
881,565
Metropolitan Pier & Exposition Authority, RB
 
 
 
5.00%, 06/15/57
 
670
675,848
Series A, (NPFGC), 0.00%, 12/15/36(d)
 
10,000
5,957,600
Metropolitan Pier & Exposition Authority, Refunding RB,
Series B, (AGM), 0.00%, 06/15/44(d)
 
2,980
1,164,728
Regional Transportation Authority, RB, Series B,
(NPFGC), 5.75%, 06/01/33
 
2,000
2,289,219
State of Illinois, GO
 
 
 
5.25%, 02/01/32
 
870
870,872
5.25%, 02/01/34
 
600
600,633
Series B, 5.25%, 05/01/41
 
635
679,180
Series B, 5.50%, 05/01/47
 
540
582,394
Series C, 5.00%, 12/01/48
 
850
868,917
 
 
 
27,480,848
Indiana — 0.7%
 
Indianapolis Local Public Improvement Bond Bank, RB
 
 
 
5.25%, 02/01/48
 
245
266,877
Series F1, Subordinate, (BAM), 5.00%, 03/01/53
 
1,445
1,494,940
 
 
 
1,761,817
Kentucky — 1.4%
 
City of Henderson Kentucky, RB, Series A, AMT, 4.70%,
01/01/52(b)
 
150
146,910
County of Boyle Kentucky, Refunding RB
 
 
 
Series A, 4.25%, 06/01/46
 
200
194,201
Series A, 5.25%, 06/01/49
 
370
393,241
Fayette County School District Finance Corp., RB
 
 
 
5.00%, 06/01/44
 
545
575,460
2
Schedule of Investments (unaudited)(continued)
April 30, 2024
BlackRock MuniYield Quality Fund II, Inc. (MQT)
(Percentages shown are based on Net Assets)
Security
 
Par
(000)
Value
Kentucky (continued)
 
Fayette County School District Finance Corp.,
RB (continued)
 
 
 
(BAM-TCRS), 5.00%, 06/01/46
$
480
$ 503,733
Kentucky Public Energy Authority, Refunding RB,
Series A-1, 5.25%, 04/01/54(a)
 
1,745
1,842,481
 
 
 
3,656,026
Louisiana — 3.4%
 
Louisiana Public Facilities Authority, RB
 
 
 
5.25%, 10/01/48
 
500
522,324
5.25%, 10/01/53
 
1,025
1,062,856
Louisiana Public Facilities Authority, Refunding RB,
5.00%, 05/15/42
 
2,400
2,443,616
Louisiana Stadium & Exposition District, Refunding RB,
Series A, 5.00%, 07/01/48
 
1,095
1,152,902
New Orleans Aviation Board, ARB
 
 
 
Series B, AMT, 5.00%, 01/01/45
 
2,380
2,382,175
Series B, AMT, 5.00%, 01/01/48
 
1,010
1,014,975
 
 
 
8,578,848
Maryland — 0.6%
 
City of Baltimore Maryland, Refunding TA, Series A,
Senior Lien, 3.63%, 06/01/46(b)
 
655
519,839
Maryland Economic Development Corp., RB
 
 
 
5.00%, 07/01/56
 
145
146,966
Class B, AMT, Sustainability Bonds, 5.25%, 06/30/55
 
800
820,232
 
 
 
1,487,037
Massachusetts — 1.2%
 
Massachusetts Development Finance Agency, RB,
Series A, 5.00%, 01/01/47
 
1,855
1,817,861
Massachusetts Development Finance Agency, Refunding
RB, 5.00%, 07/01/47
 
815
821,913
Massachusetts Housing Finance Agency, Refunding RB,
Series A, AMT, 4.45%, 12/01/42
 
335
315,406
 
 
 
2,955,180
Michigan — 3.8%
 
City of Lansing Michigan, Refunding GO, Series B,
(AGM), 4.13%, 06/01/48
 
880
814,993
Michigan Finance Authority, RB
 
 
 
4.00%, 02/15/50
 
1,885
1,723,156
5.50%, 02/28/57
 
135
144,410
Series A, 4.00%, 11/15/50
 
2,550
2,303,619
Michigan Finance Authority, Refunding RB, 4.00%,
11/15/46
 
1,050
963,750
Michigan State Building Authority, Refunding RB,
Series II, 4.00%, 10/15/47
 
535
504,590
Michigan State Housing Development Authority, RB, M/F
Housing, Series A, 2.55%, 10/01/51
 
645
408,504
Michigan Strategic Fund, RB, AMT, 5.00%, 12/31/43
 
1,980
1,951,550
State of Michigan Trunk Line Revenue, RB, BAB, 5.00%,
11/15/46
 
725
780,030
 
 
 
9,594,602
Minnesota — 0.2%
 
Minnesota Higher Education Facilities Authority, RB,
Series A, Sustainability Bonds, 5.00%, 10/01/47
 
445
462,217
Security
 
Par
(000)
Value
Missouri — 0.5%
 
Kansas City Industrial Development Authority, ARB
 
 
 
Class B, AMT, 5.00%, 03/01/46
$
470
$ 482,627
Series B, AMT, 5.00%, 03/01/39
 
670
696,281
 
 
 
1,178,908
Nebraska — 0.9%
 
Central Plains Energy Project, Refunding RB, Series A,
5.00%, 09/01/37
 
1,150
1,197,895
Omaha Public Power District, Refunding RB, Series A,
4.00%, 02/01/42
 
1,140
1,128,716
 
 
 
2,326,611
Nevada — 1.1%
 
County of Clark Nevada, RB, Subordinate, (AGM),
4.00%, 07/01/40
 
2,715
2,697,181
New Hampshire — 0.1%
 
New Hampshire Business Finance Authority, RB, M/F
Housing, Series 2, 4.25%, 07/20/41
 
365
354,689
New Jersey — 6.3%
 
Camden County Improvement Authority, RB,
Sustainability Bonds, 6.00%, 06/15/62
 
180
187,770
City of Newark New Jersey, GO, (SAW), 4.50%,
03/15/36
 
935
947,293
Hudson County Improvement Authority, RB, 5.00%,
05/01/46
 
730
740,165
New Jersey Economic Development Authority, RB
 
 
 
Series WW, 5.00%, 06/15/25(f)
 
180
183,020
Series WW, 5.25%, 06/15/25(f)
 
455
463,867
AMT, 5.13%, 01/01/34
 
610
610,427
AMT, 5.38%, 01/01/43
 
790
790,364
New Jersey Economic Development Authority, Refunding
RB, Sub-Series A, 4.00%, 07/01/32
 
295
296,702
New Jersey Higher Education Student Assistance
Authority, RB, Series C, AMT, Subordinate, 4.25%,
12/01/50
 
800
705,823
New Jersey Higher Education Student Assistance
Authority, Refunding RB, Series B, AMT, 4.00%,
12/01/41
 
875
855,211
New Jersey Housing & Mortgage Finance Agency, RB,
S/F Housing, Series K, 10/01/44(e)
 
305
305,361
New Jersey Transportation Trust Fund Authority, RB
 
 
 
5.00%, 06/15/48
 
1,490
1,570,502
Series A, 0.00%, 12/15/29(d)
 
225
182,916
Series AA, 5.00%, 06/15/38
 
1,180
1,181,959
Series AA, 4.00%, 06/15/40
 
925
910,686
Series AA, 5.00%, 06/15/45
 
725
760,219
Series AA, 4.00%, 06/15/50
 
560
518,074
Series BB, 4.00%, 06/15/50
 
1,400
1,302,453
Series D, 5.00%, 06/15/32
 
525
529,418
New Jersey Transportation Trust Fund Authority,
Refunding RB
 
 
 
Series A, 5.00%, 06/15/37
 
525
582,089
Series A, 5.25%, 06/15/42
 
210
231,133
New Jersey Turnpike Authority, RB, Series A, 4.00%,
01/01/48
 
720
682,406
Schedule of Investments
3
Schedule of Investments (unaudited)(continued)
April 30, 2024
BlackRock MuniYield Quality Fund II, Inc. (MQT)
(Percentages shown are based on Net Assets)
Security
 
Par
(000)
Value
New Jersey (continued)
 
Passaic Valley Water Commission, RB, (AGM), 4.00%,
12/01/53
$
240
$ 220,224
Tobacco Settlement Financing Corp., Refunding RB,
Series A, 5.00%, 06/01/35
 
1,220
1,281,804
 
 
 
16,039,886
New Mexico — 0.1%
 
City of Santa Fe New Mexico, RB, Series A, 5.00%,
05/15/44
 
180
165,181
New York — 10.0%
 
City of New York, GO
 
 
 
Series A-1, 5.00%, 08/01/47
 
260
273,677
Series B, 5.25%, 10/01/41
 
545
604,160
Metropolitan Transportation Authority, RB, Series D-2,
Sustainability Bonds, 4.00%, 11/15/48
 
1,115
1,011,800
Metropolitan Transportation Authority, Refunding RB,
Series C-1, 5.00%, 11/15/56
 
1,330
1,343,185
New York City Municipal Water Finance Authority, RB,
Sub-Series CC-1, 5.25%, 06/15/54
 
260
284,482
New York City Transitional Finance Authority Building Aid
Revenue, RB, Series S-1, Subordinate, (SAW),
4.00%, 07/15/42
 
1,105
1,104,942
New York City Transitional Finance Authority Future Tax
Secured Revenue, RB, Series F-1, Subordinate,
5.00%, 02/01/43
 
2,105
2,287,694
New York Liberty Development Corp., Refunding RB
 
 
 
Class 1, 5.00%, 11/15/44(b)
 
775
775,484
Series A, Sustainability Bonds, (BAM-TCRS), 3.00%,
11/15/51
 
2,045
1,510,649
Series A, Sustainability Bonds, 3.00%, 11/15/51
 
600
431,774
New York Power Authority, Refunding RB
 
 
 
Series A, Sustainability Bonds, 4.00%, 11/15/55
 
230
215,071
Series A, Sustainability Bonds, 4.00%, 11/15/60
 
425
390,231
New York State Dormitory Authority, Refunding RB,
Series A, 4.00%, 03/15/54
 
710
659,674
New York State Thruway Authority, RB, Series N, 4.00%,
01/01/46
 
720
693,050
New York State Urban Development Corp., Refunding
RB, 4.00%, 03/15/46
 
660
627,055
New York Transportation Development Corp., ARB
 
 
 
AMT, 5.00%, 12/01/36
 
450
478,618
AMT, 5.63%, 04/01/40
 
470
508,652
New York Transportation Development Corp., RB, AMT,
5.00%, 10/01/35
 
1,050
1,106,210
Port Authority of New York & New Jersey, ARB
 
 
 
AMT, 5.00%, 11/01/49
 
1,535
1,568,099
Series 221, AMT, 4.00%, 07/15/55
 
1,570
1,378,046
Port Authority of New York & New Jersey, Refunding
ARB, Series 197, AMT, 5.00%, 11/15/35
 
250
256,040
Triborough Bridge & Tunnel Authority Sales Tax
Revenue, RB
 
 
 
Series A, 4.13%, 05/15/53
 
3,150
2,971,282
Series A, 4.50%, 05/15/63
 
1,000
985,535
Triborough Bridge & Tunnel Authority, RB, Series A,
5.00%, 11/15/49
 
1,900
1,994,622
Triborough Bridge & Tunnel Authority, Refunding RB,
Series A, 5.00%, 05/15/47
 
1,705
1,816,213
 
 
 
25,276,245
Security
 
Par
(000)
Value
North Carolina — 0.1%
 
University of North Carolina at Chapel Hill, RB, 5.00%,
02/01/49
$
165
$ 174,877
Ohio — 1.6%
 
Buckeye Tobacco Settlement Financing Authority,
Refunding RB, Series B-2, Class 2, 5.00%, 06/01/55
 
3,720
3,371,973
County of Franklin Ohio, RB, 5.00%, 11/01/48
 
450
482,124
Ohio Housing Finance Agency, RB, S/F Housing,
Series A, (FHLMC, FNMA, GNMA), 4.00%, 09/01/48
 
90
88,248
 
 
 
3,942,345
Oklahoma — 0.3%
 
Oklahoma Turnpike Authority, RB, Series A, 4.00%,
01/01/48
 
495
470,668
Oklahoma Water Resources Board, RB, (OK CERF),
4.00%, 04/01/48
 
345
327,874
 
 
 
798,542
Oregon — 0.3%
 
Clackamas Community College District, GO, Series A,
5.00%, 06/15/40(c)
 
390
405,040
Clackamas County School District No. 12 North
Clackamas, GO, CAB, Series A, 0.00%, 06/15/38(d)
 
875
438,220
 
 
 
843,260
Pennsylvania — 7.5%
 
Allegheny County Airport Authority, ARB, Series A, AMT,
5.00%, 01/01/51
 
1,010
1,030,113
Bucks County Industrial Development Authority, RB,
4.00%, 07/01/46
 
200
150,185
Pennsylvania Economic Development Financing
Authority, RB
 
 
 
5.00%, 06/30/42
 
4,450
4,443,548
Series B, 4.00%, 03/15/40
 
3,000
2,998,118
AMT, 5.50%, 06/30/41
 
900
984,917
AMT, 5.75%, 06/30/48
 
780
844,359
Pennsylvania Higher Education Assistance Agency, RB,
Series B, AMT, Subordinate, 3.00%, 06/01/47
 
150
108,514
Pennsylvania Higher Educational Facilities Authority,
Refunding RB, Series A, 5.00%, 09/01/45
 
3,150
3,151,470
Pennsylvania Housing Finance Agency, Refunding RB,
S/F Housing, Series 142-A, Sustainability Bonds,
5.00%, 10/01/50
 
410
419,786
Pennsylvania Turnpike Commission, RB
 
 
 
Series A, 5.00%, 12/01/38
 
550
554,552
Series A-1, 5.00%, 12/01/41
 
1,005
1,026,044
Series C, 5.00%, 12/01/39
 
900
907,449
Series A, Subordinate, 5.00%, 12/01/44
 
1,300
1,353,773
Pennsylvania Turnpike Commission, Refunding RB,
Series A-1, 5.00%, 12/01/40
 
680
684,841
School District of Philadelphia, GO, Series A, (SAW),
5.50%, 09/01/48
 
265
287,424
 
 
 
18,945,093
Puerto Rico — 5.2%
 
Puerto Rico Sales Tax Financing Corp. Sales Tax
Revenue, RB
 
 
 
Series A-1, Restructured, 4.75%, 07/01/53
 
6,611
6,448,650
Series A-1, Restructured, 5.00%, 07/01/58
 
2,833
2,820,232
Series A-2, Restructured, 4.78%, 07/01/58
 
276
267,662
Series A-2, Restructured, 4.33%, 07/01/40
 
1,324
1,291,429
Series B-1, Restructured, 4.75%, 07/01/53
 
309
301,142
4
Schedule of Investments (unaudited)(continued)
April 30, 2024
BlackRock MuniYield Quality Fund II, Inc. (MQT)
(Percentages shown are based on Net Assets)
Security
 
Par
(000)
Value
Puerto Rico (continued)
 
Puerto Rico Sales Tax Financing Corp. Sales Tax
Revenue, RB (continued)
 
 
 
Series B-2, Restructured, 4.78%, 07/01/58
$
411
$ 398,946
Puerto Rico Sales Tax Financing Corp. Sales Tax
Revenue, RB, CAB, Series A-1, Restructured, 0.00%,
07/01/46(d)
 
5,025
1,565,795
 
 
 
13,093,856
Rhode Island — 0.1%
 
Rhode Island Turnpike & Bridge Authority, Refunding RB,
Series A, 5.00%, 10/01/40
 
305
310,756
South Carolina — 3.2%
 
County of Berkeley South Carolina, SAB
 
 
 
4.25%, 11/01/40
 
315
278,614
4.38%, 11/01/49
 
465
384,262
Patriots Energy Group Financing Agency, RB, Series A1,
5.25%, 10/01/54(a)
 
1,650
1,735,760
South Carolina Jobs-Economic Development Authority,
RB
 
 
 
5.00%, 11/01/43
 
2,010
2,065,128
5.00%, 01/01/55(b)
 
855
702,518
7.50%, 08/15/62(b)
 
405
373,143
South Carolina Public Service Authority, RB, Series A,
4.00%, 12/01/55
 
550
484,834
South Carolina Public Service Authority, Refunding RB,
5.00%, 12/01/38
 
1,840
1,840,540
South Carolina State Housing Finance & Development
Authority, Refunding RB, S/F Housing, Series A,
4.95%, 07/01/53
 
95
101,149
 
 
 
7,965,948
Tennessee — 1.7%
 
Knox County Health Educational & Housing Facility
Board, RB, Series A-1, (BAM), 5.50%, 07/01/59
 
160
170,688
Memphis-Shelby County Airport Authority, ARB, Series A,
AMT, 5.00%, 07/01/49
 
1,000
1,009,401
Metropolitan Government Nashville & Davidson County
Health & Educational Facilities Board, RB, 5.25%,
05/01/48
 
200
212,854
Metropolitan Government Nashville & Davidson County
Health & Educational Facilities Board, Refunding RB,
5.25%, 10/01/58
 
835
846,639
Metropolitan Nashville Airport Authority, ARB, Series B,
AMT, 5.00%, 07/01/52
 
1,020
1,032,515
Tennergy Corp., RB, Series A, 5.50%, 10/01/53(a)
 
1,040
1,091,838
 
 
 
4,363,935
Texas — 12.7%
 
Arlington Higher Education Finance Corp., RB(b)
 
 
 
7.50%, 04/01/62
 
420
418,787
7.88%, 11/01/62
 
370
369,887
Board of Regents of the University of Texas System,
Refunding RB, Series B, 5.00%, 08/15/49
 
1,180
1,342,513
Central Texas Turnpike System, RB
 
 
 
Series C, 5.00%, 08/15/37
 
1,240
1,243,114
Series C, 5.00%, 08/15/42
 
625
625,210
City of Austin Texas Airport System Revenue, ARB, AMT,
5.25%, 11/15/47
 
905
953,691
City of Corpus Christi Texas Utility System Revenue,
Refunding RB, 4.00%, 07/15/48
 
500
474,237
City of Garland Texas Electric Utility System Revenue,
Refunding RB, (AGM), 4.25%, 03/01/48
 
100
97,134
City of Houston Texas Airport System Revenue, ARB,
Series A, AMT, 6.63%, 07/15/38
 
405
405,634
Security
 
Par
(000)
Value
Texas (continued)
 
City of Houston Texas Airport System Revenue,
Refunding ARB, AMT, 5.00%, 07/15/27
$
230
$ 235,694
City of Houston Texas Airport System Revenue,
Refunding RB
 
 
 
Series A, AMT, 5.00%, 07/01/27
 
225
230,519
Sub-Series A, AMT, 4.00%, 07/01/46
 
830
760,636
Sub-Series A, AMT, 4.00%, 07/01/48
 
2,510
2,307,469
County of Harris Texas Toll Road Revenue, Refunding
RB, 1st Lien, 4.00%, 08/15/45
 
425
411,732
Dallas Fort Worth International Airport, Refunding RB,
Series B, 4.00%, 11/01/45
 
1,080
1,022,917
Denton Independent School District, GO, (PSF), 5.00%,
08/15/48
 
665
712,477
Dickinson Independent School District, GO, (PSF),
4.13%, 02/15/48
 
350
333,993
Klein Independent School District, GO, (PSF), 4.00%,
08/01/46
 
1,075
1,009,055
Midland County Fresh Water Supply District No. 1, RB,
CAB, Series A, 0.00%, 09/15/27(d)(f)
 
1,850
1,065,886
New Hope Cultural Education Facilities Finance Corp.,
RB, Series A, 5.00%, 08/15/50(b)
 
450
405,176
North Texas Tollway Authority, RB, Series C, Convertible,
6.75%, 09/01/31(c)(f)
 
10,000
12,582,024
North Texas Tollway Authority, Refunding RB, 4.25%,
01/01/49
 
970
919,303
Port Authority of Houston of Harris County Texas, ARB,
1st Lien, 5.00%, 10/01/53
 
500
528,819
Spring Branch Independent School District, GO, (PSF),
4.00%, 02/01/48
 
465
437,959
Tarrant County Cultural Education Facilities Finance
Corp., RB
 
 
 
Series A, 4.00%, 07/01/53
 
525
472,091
Series A, 5.00%, 07/01/53
 
645
669,623
Texas City Industrial Development Corp., RB,
Series 2012, 4.13%, 12/01/45
 
260
228,462
Texas Department of Housing & Community Affairs, RB,
S/F Housing, Series A, (GNMA), 4.25%, 09/01/43
 
215
203,883
Texas Municipal Gas Acquisition & Supply Corp. III,
Refunding RB, 5.00%, 12/15/32
 
1,500
1,578,427
 
 
 
32,046,352
Utah — 2.3%
 
City of Salt Lake City Utah Airport Revenue, ARB
 
 
 
Series A, AMT, 5.00%, 07/01/47
 
3,485
3,509,872
Series A, AMT, 5.25%, 07/01/48
 
235
245,925
Series A, AMT, 5.00%, 07/01/51
 
1,450
1,475,454
Utah Charter School Finance Authority, RB, 5.00%,
06/15/39(b)
 
185
179,571
Utah Charter School Finance Authority, Refunding RB,
5.00%, 06/15/40(b)
 
335
325,993
 
 
 
5,736,815
Virginia — 0.4%
 
Tobacco Settlement Financing Corp., Refunding RB,
Series B-1, 5.00%, 06/01/47
 
965
896,434
Washington — 0.3%
 
Port of Seattle Washington, ARB, Series C, AMT,
Intermediate Lien, 5.00%, 05/01/42
 
720
730,523
Wisconsin — 1.0%
 
Public Finance Authority, RB
 
 
 
5.00%, 10/15/56(b)
 
215
171,049
Class A, 5.00%, 06/15/51(b)
 
555
432,836
Class A, 6.00%, 06/15/52
 
140
126,680
Schedule of Investments
5
Schedule of Investments (unaudited)(continued)
April 30, 2024
BlackRock MuniYield Quality Fund II, Inc. (MQT)
(Percentages shown are based on Net Assets)
Security
 
Par
(000)
Value
Wisconsin (continued)
 
Public Finance Authority, RB (continued)
 
 
 
Class A, 6.13%, 06/15/57
$
160
$ 146,314
Series A, 5.00%, 07/01/40(b)
 
300
267,998
Public Finance Authority, Refunding RB, 5.00%,
09/01/39(b)
 
295
259,610
Wisconsin Housing & Economic Development Authority
Housing Revenue, RB, M/F Housing, Series A, 4.15%,
11/01/48
 
1,255
1,215,965
 
 
 
2,620,452
Total Municipal Bonds — 107.5%
(Cost: $263,299,996)
271,384,835
Municipal Bonds Transferred to Tender Option Bond Trusts(g)
Alabama(a) — 4.8%
 
Black Belt Energy Gas District, RB
 
 
 
Series C, 5.50%, 10/01/54
 
3,800
4,089,559
Series C-1, 5.25%, 02/01/53
 
7,721
8,076,212
 
 
 
12,165,771
Colorado — 1.6%
 
City & County of Denver Colorado Airport System
Revenue, Refunding ARB, Series A, AMT, 5.50%,
11/15/53
 
3,680
3,939,150
District of Columbia — 0.4%
 
District of Columbia Housing Finance Agency, RB, M/F
Housing, Series B-2, 4.10%, 09/01/39
 
920
909,444
Florida — 5.1%
 
City of Fort Lauderdale Florida Water & Sewer Revenue,
RB, Series B, 5.50%, 09/01/53
 
3,341
3,703,439
City of Tampa Florida Water & Wastewater System
Revenue, RB, Series A, Sustainability Bonds, 5.25%,
10/01/57
 
2,150
2,326,287
County of Seminole Florida Sales Tax Revenue,
Refunding RB, Series B, (NPFGC), 5.25%, 10/01/31
 
4,200
4,672,003
Miami-Dade County Expressway Authority, Refunding
RB, Series A, (AGM), 5.00%, 07/01/35
 
2,100
2,101,469
 
 
 
12,803,198
Georgia — 1.2%
 
Main Street Natural Gas, Inc., RB, Series C, 5.00%,
09/01/53(a)
 
2,970
3,116,307
Illinois — 7.0%
 
City of Chicago Illinois Wastewater Transmission
Revenue, RB, Series A, 2nd Lien, (AGM), 5.25%,
01/01/58
 
4,903
5,214,539
Illinois Finance Authority, Refunding RB, Series A,
5.00%, 08/15/51
 
1,951
2,030,993
Regional Transportation Authority, RB, (NPFGC), 6.50%,
07/01/26
 
10,000
10,336,690
 
 
 
17,582,222
New York — 6.8%
 
New York City Housing Development Corp., Refunding
RB, Series A, 4.15%, 11/01/38
 
1,770
1,702,420
New York City Municipal Water Finance Authority, RB,
Series AA-1, 5.25%, 06/15/52
 
4,010
4,348,680
New York City Transitional Finance Authority, RB,
Series C, 5.25%, 05/01/48
 
3,680
4,010,519
New York State Dormitory Authority, Refunding RB,
Series A, 4.00%, 03/15/47
 
1,810
1,726,995
Security
 
Par
(000)
Value
New York (continued)
 
Port Authority of New York & New Jersey, Refunding
ARB, 5.25%, 10/15/57
$
1,910
$ 1,963,431
Triborough Bridge & Tunnel Authority, RB, Series A,
5.00%, 11/15/51
 
1,990
2,088,677
Triborough Bridge & Tunnel Authority, Refunding RB,
Series C, 4.13%, 05/15/52
 
1,500
1,440,186
 
 
 
17,280,908
Oklahoma — 1.3%
 
Oklahoma Turnpike Authority, RB, 5.50%, 01/01/53
 
3,001
3,278,957
Oregon — 0.9%
 
Port of Portland Oregon Airport Revenue, Refunding
ARB, Series 29, AMT, 5.50%, 07/01/48
 
2,020
2,183,656
Pennsylvania — 1.3%
 
Pennsylvania Turnpike Commission, Refunding RB,
Series B, 5.25%, 12/01/52
 
3,031
3,273,252
South Carolina — 1.9%
 
Patriots Energy Group Financing Agency, Refunding RB,
Series B-1, 5.25%, 02/01/54(a)
 
4,591
4,889,514
Tennessee — 1.8%
 
Tennessee Energy Acquisition Corp., RB, Series A,
5.00%, 05/01/52(a)
 
4,401
4,593,720
Texas — 2.3%
 
City of Houston Texas Airport System Revenue,
Refunding ARB, Series A, AMT, Subordinate Lien,
(AGM), 5.25%, 07/01/48
 
1,430
1,509,684
City of San Antonio Texas Electric & Gas Systems
Revenue, Refunding RB, Series A, 5.50%, 02/01/50
 
1,610
1,775,014
Tarrant County Cultural Education Facilities Finance
Corp., RB, 5.00%, 11/15/51
 
2,541
2,654,865
 
 
 
5,939,563
Virginia — 1.2%
 
Hampton Roads Transportation Accountability
Commission, RB, Series A, 4.00%, 07/01/57
 
3,280
3,036,281
Total Municipal Bonds Transferred to Tender Option Bond
Trusts — 37.6%
(Cost: $92,087,634)
94,991,943
Total Long-Term Investments — 145.1%
(Cost: $355,387,630)
366,376,778
 
6
Schedule of Investments (unaudited)(continued)
April 30, 2024
BlackRock MuniYield Quality Fund II, Inc. (MQT)
(Percentages shown are based on Net Assets)
Security
 
 
Shares
Value
Short-Term Securities
Money Market Funds — 4.6%
 
BlackRock Liquidity Funds, MuniCash, Institutional
Shares, 3.45%(h)(i)
 
11,485,329
$  11,486,477
Total Short-Term Securities — 4.6%
(Cost: $11,486,050)
11,486,477
Total Investments — 149.7%
(Cost: $366,873,680)
377,863,255
Other Assets Less Liabilities — 0.1%
550,279
Liability for TOB Trust Certificates, Including Interest Expense and
Fees Payable — (18.7)%
(47,324,899
)
VMTP Shares at Liquidation Value, Net of Deferred Offering Costs —
(31.1)%
(78,600,000
)
Net Assets Applicable to Common Shares — 100.0%
$ 252,488,635
 
(a)
Variable rate security. Interest rate resets periodically. The rate shown is the effective
interest rate as of period end. Security description also includes the reference rate and
spread if published and available.
(b)
Security exempt from registration pursuant to Rule 144A under the Securities Act of 1933,
as amended. These securities may be resold in transactions exempt from registration to
qualified institutional investors.
(c)
Step coupon security. Coupon rate will either increase (step-up bond) or decrease (step-
down bond) at regular intervals until maturity. Interest rate shown reflects the rate currently
in effect.
(d)
Zero-coupon bond.
(e)
When-issued security.
(f)
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.
(g)
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.
(h)
Affiliate of the Fund.
(i)
Annualized 7-day yield as of period end.
Affiliates
Investments in issuers considered to be affiliate(s) of the Fund during the period ended April 30, 2024 for purposes of Section 2(a)(3) of the Investment Company Act of 1940, as amended, were as follows: 
Affiliated Issuer
Value at
07/31/23
Purchases
at Cost
Proceeds
from Sales
Net
Realized
Gain (Loss)
Change in
Unrealized
Appreciation
(Depreciation)
Value at
04/30/24
Shares
Held at
04/30/24
Income
Capital Gain
Distributions
from
Underlying
Funds
BlackRock Liquidity Funds, MuniCash, Institutional Shares
$ 7,783,129
$ 3,702,212
(a)
$ —
$ 709
$ 427
$ 11,486,477
11,485,329
$ 288,669
$ —
 
(a)
Represents net amount purchased (sold).
Fair Value Hierarchy as of Period End
Various inputs are used in determining the fair value of 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); and
Schedule of Investments
7
Schedule of Investments (unaudited)(continued)
April 30, 2024
BlackRock MuniYield Quality Fund II, Inc. (MQT)
 
Fair Value Hierarchy as of Period End (continued)
• Level 3 – Unobservable inputs based on the best information available in the circumstances, to the extent observable inputs are not available (including the Valuation Committee’s assumptions used in determining the fair value of 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 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. The categorization of a value determined for financial instruments is based on the pricing transparency of the 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 financial instruments, refer to its most recent financial statements.
The following table summarizes the Fund’s financial instruments categorized in the fair value hierarchy. The breakdown of the Fund’s financial instruments into major categories is disclosed in the Schedule of Investments above. 
 
Level 1
Level 2
Level 3
Total
Assets
 
 
 
 
Investments 
 
 
 
 
Long-Term Investments 
 
 
 
 
Municipal Bonds
$ —
$ 271,384,835
$ —
$ 271,384,835
Municipal Bonds Transferred to Tender Option Bond Trusts
—
94,991,943
—
94,991,943
Short-Term Securities 
 
 
 
 
Money Market Funds
11,486,477
—
—
11,486,477
 
$11,486,477
$366,376,778
$—
$377,863,255
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 fair value hierarchy as follows: 
 
Level 1
Level 2
Level 3
Total
Liabilities
 
 
 
 
TOB Trust Certificates
$—
$(46,825,809
)
$—
$(46,825,809
)
VMTP Shares at Liquidation Value
—
(78,600,000
)
—
(78,600,000
)
 
$—
$(125,425,809
)
$—
$(125,425,809
)
 
Portfolio Abbreviation 
AGM
 Assured Guaranty Municipal Corp.
AMT
 Alternative Minimum Tax
ARB
 Airport Revenue Bonds
BAB
 Build America Bond
BAM
 Build America Mutual Assurance Co.
BAM-TCRS
 Build America Mutual Assurance Co. - Transferable
Custodial Receipts
CAB
 Capital Appreciation Bonds
COP
 Certificates of Participation
FHLMC
 Federal Home Loan Mortgage Corp.
FNMA
 Federal National Mortgage Association
GNMA
 Government National Mortgage Association
GO
 General Obligation Bonds
M/F
 Multi-Family
NPFGC
 National Public Finance Guarantee Corp.
PSF
 Permanent School Fund
RB
 Revenue Bond
S/F
 Single-Family
Portfolio Abbreviation (continued)
SAB
 Special Assessment Bonds
SAW
 State Aid Withholding
TA
 Tax Allocation
8