0001287695-16-000626.txt : 20160329 0001287695-16-000626.hdr.sgml : 20160329 20160329110626 ACCESSION NUMBER: 0001287695-16-000626 CONFORMED SUBMISSION TYPE: NSAR-A PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20160131 FILED AS OF DATE: 20160329 DATE AS OF CHANGE: 20160329 EFFECTIVENESS DATE: 20160329 FILER: COMPANY DATA: COMPANY CONFORMED NAME: BLACKROCK MUNIYIELD INVESTMENT QUALITY FUND CENTRAL INDEX KEY: 0000891188 IRS NUMBER: 223196058 FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: NSAR-A SEC ACT: 1940 Act SEC FILE NUMBER: 811-07156 FILM NUMBER: 161534163 BUSINESS ADDRESS: STREET 1: 100 BELLEVUE PARKWAY CITY: WILMINGTON STATE: DE ZIP: 19809 BUSINESS PHONE: 800-441-7762 MAIL ADDRESS: STREET 1: 100 BELLEVUE PARKWAY CITY: WILMINGTON STATE: DE ZIP: 19809 FORMER COMPANY: FORMER CONFORMED NAME: BLACKROCK MUNIYIELD INSURED INVESTMENT FUND DATE OF NAME CHANGE: 20080926 FORMER COMPANY: FORMER CONFORMED NAME: BLACKROCK MUNIYIELD FLORIDA INSURED FUND DATE OF NAME CHANGE: 20070611 FORMER COMPANY: FORMER CONFORMED NAME: MUNIYIELD FLORIDA INSURED FUND /NJ/ DATE OF NAME CHANGE: 19921217 NSAR-A 1 myinvqual.fil PAGE 1 000 A000000 01/31/2016 000 C000000 0000891188 000 D000000 N 000 E000000 NF 000 F000000 Y 000 G000000 N 000 H000000 N 000 I000000 6.1 000 J000000 A 001 A000000 BLACKROCK MUNIYIELD INVESTMENT QUALITY FUND 001 B000000 811-07156 001 C000000 8004417762 002 A000000 100 BELLEVUE PARKWAY 002 B000000 WILMINGTON 002 C000000 DE 002 D010000 19809 003 000000 N 004 000000 N 005 000000 N 006 000000 N 007 A000000 N 007 B000000 0 007 C010100 1 008 A000001 BLACKROCK ADVISORS, LLC 008 B000001 A 008 C000001 801-47710 008 D010001 WILMINGTON 008 D020001 DE 008 D030001 19809 012 A000001 COMPUTERSHARE TRUST COMPANY, N.A. 012 B000001 85-11340 012 C010001 CANTON 012 C020001 MA 012 C030001 02021 012 A000002 THE BANK OF NEW YORK MELLON (PREFERRED) 012 B000002 85-05006 012 C010002 NEW YORK 012 C020002 NY 012 C030002 10289 013 A000001 DELOITTE & TOUCHE LLP 013 B010001 BOSTON 013 B020001 MA 013 B030001 02116 014 A000001 BLACKROCK EXECUTION SERVICES 014 B000001 8-48719 014 A000002 BLACKROCK INVESTMENTS, LLC 014 B000002 8-48436 014 A000003 HARRIS WILLIAMS LLC 014 B000003 8-53380 014 A000004 PNC CAPITAL MARKETS, INC. 014 B000004 8-32493 PAGE 2 014 A000005 PNC INVESTMENTS LLC 014 B000005 8-66195 015 A000001 STATE STREET BANK & TRUST COMPANY 015 B000001 C 015 C010001 BOSTON 015 C020001 MA 015 C030001 02210 015 E010001 X 018 000000 Y 019 A000000 Y 019 B000000 281 019 C000000 BLKRKADVSR 020 A000001 BANK OF AMERICA CORP 020 B000001 56-0906609 020 C000001 1 021 000000 1 022 A000001 FFI INSTITUTIONAL TAX-EXEMPT FUND 022 B000001 22-2509978 022 C000001 9746 022 D000001 12183 022 A000002 JEFFERIES & COMPANY INC 022 B000002 95-2622900 022 C000002 5067 022 D000002 5549 022 A000003 CITIGROUP GLOBAL MARKETS INC 022 B000003 11-2418191 022 C000003 3914 022 D000003 3170 022 A000004 BANK OF AMERICA CORP 022 B000004 56-0906609 022 C000004 2209 022 D000004 1068 022 A000005 OPPENHEIMER + CO. INC. 022 B000005 13-2798343 022 C000005 1527 022 D000005 1387 022 A000006 MORGAN STANLEY 022 B000006 36-3145972 022 C000006 1785 022 D000006 879 022 A000007 STIFEL NICOLAUS & CO INC 022 B000007 43-0538770 022 C000007 1899 022 D000007 619 022 A000008 BLACKROCK LIQUIDITY FUNDS:MUNICASH 022 B000008 52-0983343 022 C000008 1766 022 D000008 695 022 A000009 JANNEY MONTGOMERY SCOTT LLC 022 B000009 23-0731260 022 C000009 0 PAGE 3 022 D000009 2101 022 A000010 PERSHING LLC 022 B000010 13-2741729 022 C000010 311 022 D000010 1571 023 C000000 31473 023 D000000 31021 024 000000 N 026 A000000 N 026 B000000 N 026 C000000 N 026 D000000 Y 026 E000000 N 026 F000000 N 026 G010000 N 026 G020000 N 026 H000000 N 027 000000 N 028 A010000 0 028 A020000 0 028 A030000 0 028 A040000 0 028 B010000 0 028 B020000 0 028 B030000 0 028 B040000 0 028 C010000 0 028 C020000 0 028 C030000 0 028 C040000 0 028 D010000 0 028 D020000 0 028 D030000 0 028 D040000 0 028 E010000 0 028 E020000 0 028 E030000 0 028 E040000 0 028 F010000 0 028 F020000 0 028 F030000 0 028 F040000 0 028 G010000 0 028 G020000 0 028 G030000 0 028 G040000 0 028 H000000 0 030 A000000 0 030 B000000 0.00 030 C000000 0.00 031 A000000 0 PAGE 4 031 B000000 0 032 000000 0 033 000000 0 035 000000 0 036 B000000 0 038 000000 0 042 A000000 0 042 B000000 0 042 C000000 0 042 D000000 0 042 E000000 0 042 F000000 0 042 G000000 0 042 H000000 0 043 000000 0 044 000000 0 045 000000 Y 046 000000 N 047 000000 Y 048 000000 0.500 048 A010000 0 048 A020000 0.000 048 B010000 0 048 B020000 0.000 048 C010000 0 048 C020000 0.000 048 D010000 0 048 D020000 0.000 048 E010000 0 048 E020000 0.000 048 F010000 0 048 F020000 0.000 048 G010000 0 048 G020000 0.000 048 H010000 0 048 H020000 0.000 048 I010000 0 048 I020000 0.000 048 J010000 0 048 J020000 0.000 048 K010000 0 048 K020000 0.000 049 000000 N 050 000000 N 051 000000 N 052 000000 N 053 A000000 Y 053 B000000 Y 053 C000000 N 054 A000000 Y 054 B000000 Y PAGE 5 054 C000000 N 054 D000000 N 054 E000000 N 054 F000000 N 054 G000000 N 054 H000000 Y 054 I000000 N 054 J000000 Y 054 K000000 N 054 L000000 N 054 M000000 Y 054 N000000 N 055 A000000 N 055 B000000 N 056 000000 Y 057 000000 N 058 A000000 N 059 000000 Y 060 A000000 N 060 B000000 N 061 000000 0 062 A000000 Y 062 B000000 0.0 062 C000000 0.0 062 D000000 0.0 062 E000000 0.0 062 F000000 0.0 062 G000000 0.0 062 H000000 0.0 062 I000000 0.0 062 J000000 0.0 062 K000000 0.0 062 L000000 0.8 062 M000000 0.0 062 N000000 0.0 062 O000000 156.9 062 P000000 0.0 062 Q000000 0.0 062 R000000 0.0 063 A000000 0 063 B000000 20.5 064 A000000 Y 064 B000000 N 066 A000000 N 067 000000 N 068 A000000 N 068 B000000 N 069 000000 N 070 A010000 Y 070 A020000 N 070 B010000 N PAGE 6 070 B020000 N 070 C010000 Y 070 C020000 N 070 D010000 N 070 D020000 N 070 E010000 Y 070 E020000 Y 070 F010000 N 070 F020000 N 070 G010000 Y 070 G020000 N 070 H010000 N 070 H020000 N 070 I010000 N 070 I020000 N 070 J010000 Y 070 J020000 N 070 K010000 Y 070 K020000 Y 070 L010000 N 070 L020000 N 070 M010000 N 070 M020000 N 070 N010000 Y 070 N020000 N 070 O010000 Y 070 O020000 N 070 P010000 Y 070 P020000 Y 070 Q010000 N 070 Q020000 N 070 R010000 N 070 R020000 N 071 A000000 19961 071 B000000 18174 071 C000000 200016 071 D000000 9 072 A000000 6 072 B000000 4542 072 C000000 0 072 D000000 0 072 E000000 0 072 F000000 511 072 G000000 18 072 H000000 0 072 I000000 11 072 J000000 6 072 K000000 0 072 L000000 3 072 M000000 6 072 N000000 4 PAGE 7 072 O000000 0 072 P000000 362 072 Q000000 0 072 R000000 22 072 S000000 8 072 T000000 0 072 U000000 0 072 V000000 0 072 W000000 33 072 X000000 984 072 Y000000 0 072 Z000000 3558 072AA000000 52 072BB000000 0 072CC010000 3060 072CC020000 0 072DD010000 3610 072DD020000 0 072EE000000 0 073 A010000 0.4260 073 A020000 0.0000 073 B000000 0.0000 073 C000000 0.0000 074 A000000 107 074 B000000 0 074 C000000 0 074 D000000 203567 074 E000000 0 074 F000000 0 074 G000000 0 074 H000000 0 074 I000000 1071 074 J000000 1030 074 K000000 0 074 L000000 2157 074 M000000 7 074 N000000 207939 074 O000000 699 074 P000000 87 074 Q000000 0 074 R010000 0 074 R020000 0 074 R030000 0 074 R040000 20897 074 S000000 56500 074 T000000 129756 074 U010000 8473 074 U020000 0 074 V010000 15.31 074 V020000 0.00 074 W000000 0.0000 PAGE 8 074 X000000 3117 074 Y000000 65047 075 A000000 0 075 B000000 127441 076 000000 14.41 077 A000000 Y 077 B000000 N 077 I000000 N 077 O000000 Y 077 Q010000 N 078 000000 N 080 C000000 0 081 B000000 0 082 B000000 0 083 B000000 0 084 B000000 0 086 A010000 0 086 A020000 0 086 B010000 0 086 B020000 0 086 C010000 0 086 C020000 0 086 D010000 0 086 D020000 0 086 E010000 0 086 E020000 0 086 F010000 0 086 F020000 0 087 A010000 COMMON STOCK 087 A020000 09254T100 087 A030000 MFT 087 B010000 PREFERRED STOCK 088 A000000 N 088 B000000 N 088 C000000 N 088 D000000 Y SIGNATURE NEAL J. ANDREWS TITLE CFO EX-99.77O RULE 10F-3 2 paturn77o.txt PARTICIPATING FUNDS .. U.S. Registered Funds (Name of Fund, Aladdin Ticker): ISHARES NATIONAL AMT-FREE MUNI BOND ETF (ISHMUNI) BlackRock Muni Intermediate Duration Fund, Inc. (MUI) BlackRock Municipal Income Investment Quality Trust (BAF) BlackRock Municipal Income Investment Trust (BBF) BlackRock Municipal Bond Investment Trust (BIE) BlackRock MuniHoldings Investment Quality Fund (MFL) BlackRock MuniYield Investment Quality Fund (MFT) BlackRock MuniHoldings Quality Fund II, Inc. (MUE) BlackRock MuniHoldings Quality Fund, Inc. (MUS) BlackRock MuniYield Investment Fund (MYF) THE OFFERING KEY CHARACTERISTICS (COMPLETE ALL FIELDS) ------------------------------------- Date of 12-02-2015 Offering Commencement: ------------------------ ----------- Security Type: BND/MUNI ------------------------------------- ------------------------------------------------------------------------------- Issuer Pennsylvania Turnpike Commission Turnpike Senior Revenue Bonds, Series B of 2015 --------------------------- -------------------------------------------------- Selling Underwriter RBC Capital Markets --------------------------- -------------------------------------------------- Affiliated Underwriter(s) [X] PNC Capital Markets LLC [_] Other: --------------------------- -------------------------------------------------- List of Underwriter(s) RBC Capital Markets, Janney Montgomery Scott LLC, Siebert Brandford Shank & Co., Boenning & Scattergood, Inc., PNC Capital Markets LLC, Wells Fargo Securities ------------------------------------------------------------------------------- TRANSACTION DETAILS ------------------------------- Date of Purchase 12-02-2015 ------------------------------- ------------------------------------------------------------------------------- Purchase Price/Share $115.333 Total Commission, Spread or Profit 0.389 (PER SHARE / % OF PAR) (3.19) $111.625 (3.60) ------------------------------------------------------------------------------- ------------------------------------------------------------------------------- 1. Aggregate Principal Amount Purchased (a+b) $ 12,205,000 -------------------------------------------------------------- ------------ a. US Registered Funds (Appendix attached with individual Fund/Client purchase) $ 9,790,000 -------------------------------------------------------------- ------------ b. Other BlackRock Clients $ 2,415,000 -------------------------------------------------------------- ------------ 2. Aggregate Principal Amount of Offering $304,005,000 -------------------------------------------------------------- ------------ Page 1 of 2 Rule 10f-3 Report - Definitions ------------------------------------------------------------------------------- FUND RATIO [Divide Sum of #1 by #2] Must be less than 0.25 0.04015 ------------------------------------------------------------------------------- LEGAL REQUIREMENTS OFFERING TYPE (CHECK ONE) The securities fall into one of the following transaction types (see Definitions): [_] U.S. Registered Public Offering....... [Issuer must have 3 years of continuous operations] [_] Eligible Rule 144A Offering.............. [Issuer must have 3 years of continuous operations] [X] Eligible Municipal Securities [_] Eligible Foreign Offering.............. [Issuer must have 3 years of continuous operations] [_] Government Securities Offering.............. [Issuer must have 3 years of continuous operations] TIMING AND PRICE (CHECK ONE OR BOTH) [X]The securities were purchased before the end of the first day on which any sales were made, at a price that was not more than the price paid by each other purchaser of securities in that offering or in any concurrent offering of the securities; and [_]If the securities are offered for subscription upon exercise of rights, the securities were purchased on or before the fourth day before the day on which the rights offering terminated. FIRM COMMITMENT OFFERING (CHECK ONE) [X]YES The securities were offered pursuant to an underwriting or similar [_]NO agreement under which the underwriters were committed to purchase all of the securities being offered, except those purchased by others pursuant to a rights offering, if the underwriters purchased any of the securities. NO BENEFIT TO AFFILIATED UNDERWRITER (CHECK ONE) [X]YES No affiliated underwriter was a direct or indirect participant in, or [_]NO benefited directly or indirectly from, the transaction. Completed by: Dipankar Banerjee Date: 12-23-2015 --------------------------------------------- Global Syndicate Team Member Approved by: Betsy Mathews, Steven DeLaura Date: 12-23-2015 --------------------------------------------- Global Syndicate Team Member Rule 10f-3 Report - Definitions DEFINITIONS TERM DEFINITION Fund Ratio Number appearing at the bottom of page 1 of 2 of the Rule 10f-3 Report form. It is the sum of the Funds' participation in the offering by the Funds and other accounts managed by BlackRock divided by the total amount of the offering. Eligible Foreign Offering The securities are sold in a public offering conducted under the laws of a country other than the United States and (a)the offering is subject to regulation in such country by a "foreign financial regulatory authority," as defined in Section 2(a)(50) of the Investment Company Act of 1940; (b)the securities were offered at a fixed price to all purchasers in the offering (except for any rights to purchase securities that are required by law to be granted to existing security holders of the issuer); (c)financial statements, prepared and audited as required or permitted by the appropriate foreign financial regulatory authority in such country, for the two years prior to the offering, were made available to the public and prospective purchasers in connection with the offering; and (d)if the issuer is a "domestic issuer," i.e., other than a foreign government, a national of any foreign country, or a corporation or other organization incorporated or organized under the laws of any foreign country, it (1) has a class of securities registered pursuant to section 12(b) or 12(g) of the Securities Exchange Act of 1934 or is required to file reports pursuant to section 15(d) of that act, and (2) has filed all the material required to be filed pursuant to section 13(a) or 15(d) of that act for a period of at least 12 months immediately preceding the sale of securities (or for such shorter period that the issuer was required to file such material) Rule 10f-3 Report - Definitions TERM DEFINITION Eligible Municipal Securities The securities: (a)are direct obligations of, or obligations guaranteed as to principal or interest by, a State or any political subdivision thereof, or any agency or instrumentality of a State or any political subdivision thereof, or any municipal corporate instrumentality of one or more States, or any security which is an industrial development bond (as defined in section 103(c)(2) of Title 26) the interest on which is excludable from gross income under certain provisions of the Internal Revenue Code; (b)are sufficiently liquid that they can be sold at or near their carrying value within a reasonably short period of time; and (c)either (1)are subject to no greater than moderate credit risk; or (2)if the issuer of the municipal securities, or the entity supplying the revenues or other payments from which the issue is to be paid, has been in continuous operation for less than three years, including the operation of any predecessors, the securities are subject to a minimal or low amount of credit risk. Also, purchases of municipal securities may not be designated as group sales or otherwise allocated to the account of any prohibited seller (i.e., an affiliated underwriter). Eligible Rule 144A Offering The securities are sold in an offering where (a)the securities are offered or sold in transactions exempt from registration under Section 4(2) of the Securities Act of 1933, Rule 144A thereunder, or Rules 501-508 thereunder; (b)the securities were sold to persons that the seller and any person acting on behalf of the seller reasonably believe to include qualified institutional buyers, as defined in Rule 144A ("QIBs"); and (c)the seller and any person acting on behalf of the seller reasonably believe that the securities are eligible for resale to other QIBs pursuant to Rule 144A. Government Securities Offering The security is issued or guaranteed as to principal or interest by the United States, or by a person controlled or supervised by and acting as an instrumentality of the Government of the United States pursuant to authority granted by the Congress of the United States; or any certificate of deposit for any of the foregoing. Rule 10f-3 Report - Definitions TERM DEFINITION U.S. Registered Public Offering. The securities offered are registered under the Securities Act of 1933 that are being offered to the public.