MUE

BlackRock MuniHoldings Quality Fund II (MUE) declares $0.05/share quarterly dividend, in line with previous.Forward yield 1.45%Payable June 1; for shareholders of record May 14; ex-div May 13.See MUE Dividend Scorecard,

BlackRock MuniHoldings Quality Fund II (MUE) declares $0.0505/share monthly dividend, in line with previous.Forward yield 4.53%Payable May 3; for shareholders of record April 15; ex-div April 14.See MUE Dividend Scorecard,

Rating Action: Moody's affirms Aa1 rating of preferred shares issued by MHD following reorganizationsGlobal Credit Research - 05 Mar 2021New York, March 05, 2021 -- Moody's Investors Service, ("Moody's") has affirmed the Aa1 rating of Variable Rate Muni Te...

Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of BlackRock MuniHoldings Quality Fund II Inc. New York, January 22, 2021 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings...

In years with presidential elections, we take a deeper dive into how the national election could impact state and local governments.Political risk is also an important component of our analysis, as the political party makeup of the executive and legislative branches can have a large impact on municipal bonds.We think it is unlikely we'll see any additional aid ahead of the election, but post-election we think the potential rises, particularly if Democratic nominee Joe Biden wins in the US presidential race.Regardless of the November election outcome, we are prepared to take advantage of any changes to the muni bond market where we see potential investment opportunities.

While most polls have Vice-President Biden ahead by 6-7% points, we know the race has the potential to be much closer.A higher marginal rate should also flatten the muni yield curve over time as the demand for longer-dated paper increases because of the benefits it provides on a taxable equivalent yield.More fiscal stimulus, more deficits, and an immediate infrastructure program are all strong possibilities if we get the Blue Wave that sweeps the White House, House, and Senate all into the Democratic column.

In U.S. high yield bonds we find the riskiest of credits.I have some concerns about municipal bonds and am particularly concerned about municipal pension bonds.Our 'Borrower's Paradise' is also good news for many leveraged ETFs and closed-end funds.