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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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MIC-Info: RSA-MD5,RSA,
 Wo7BOlXnZSPwQIjNV6MUANIspZUm35UMk+y60QA0YKrHV+ugrgepN+wOhoyiD7hk
 J7Bbmz7cxGngcSO0957RbA==

<SEC-DOCUMENT>0001104659-09-016154.txt : 20090310
<SEC-HEADER>0001104659-09-016154.hdr.sgml : 20090310
<ACCEPTANCE-DATETIME>20090310165427
ACCESSION NUMBER:		0001104659-09-016154
CONFORMED SUBMISSION TYPE:	3
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20090228
FILED AS OF DATE:		20090310
DATE AS OF CHANGE:		20090310

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			BLACKROCK MUNIHOLDINGS FUND INC
		CENTRAL INDEX KEY:			0001034665
		IRS NUMBER:				223508039
		FISCAL YEAR END:			1231

	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:	MUNIHOLDINGS FUND INC
		DATE OF NAME CHANGE:	19970226

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			ROYAL BANK OF CANADA \
		CENTRAL INDEX KEY:			0001000275
		STANDARD INDUSTRIAL CLASSIFICATION:	COMMERCIAL BANKS, NEC [6029]
		FISCAL YEAR END:			1031

	FILING VALUES:
		FORM TYPE:		3
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	811-08081
		FILM NUMBER:		09670136

	BUSINESS ADDRESS:	
		STREET 1:		P O BOX 1
		STREET 2:		ROYAL BANK PLAZA
		CITY:			TORONTO
		STATE:			A6
		ZIP:			00000
		BUSINESS PHONE:		4169745151

	MAIL ADDRESS:	
		STREET 1:		P O BOX 6001
		CITY:			MONTREAL
		STATE:			A8
		ZIP:			H3C 3A9
</SEC-HEADER>
<DOCUMENT>
<TYPE>3
<SEQUENCE>1
<FILENAME>a3.xml
<DESCRIPTION>3
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0203</schemaVersion>

    <documentType>3</documentType>

    <periodOfReport>2009-02-28</periodOfReport>

    <noSecuritiesOwned>0</noSecuritiesOwned>

    <issuer>
        <issuerCik>0001034665</issuerCik>
        <issuerName>BLACKROCK MUNIHOLDINGS FUND INC</issuerName>
        <issuerTradingSymbol>MHD</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001000275</rptOwnerCik>
            <rptOwnerName>ROYAL BANK OF CANADA \</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>200 BAY STREET</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>TORONTO</rptOwnerCity>
            <rptOwnerState></rptOwnerState>
            <rptOwnerZipCode>M5J 2J5</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeHolding>
            <securityTitle>
                <value>Auction Rate Preferred</value>
            </securityTitle>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>372</value>
                    <footnoteId id="F1"/>
                    <footnoteId id="F2"/>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>By subsidiary</value>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeHolding>
    </nonDerivativeTable>

    <footnotes>
        <footnote id="F1">The Auction Preferred Shares (&quot;Shares&quot;) reported in Table 1 represent 372 Shares beneficially owned by RBC Capital Markets Corporation, which is an indirectly wholly owned subsidiary of Royal Bank of Canada (&quot;RBC&quot;).</footnote>
        <footnote id="F2">The 372 Shares reported herein represent RBC's combined holdings in multiple series of auction preferred securities of the issuer, which are treated herein as one class of securities in accordance with the Auction Rate Securities - Global Exemptive Relief no-action letter issued by the Securities and Exchange Commission (the &quot;SEC&quot;) on September 22, 2008.  RBC undertakes to provide, upon request by the SEC staff, the issuer or a security holder of the issuer, complete information regarding the number of securities purchased or sold at each different price and date of all transactions in such securities that occurred after RBC became a 10% owner but prior to the date of this filing.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>Royal Bank of Canada, By: /s/  Tom Smee, Senior Vice President</signatureName>
        <signatureDate>2009-03-06</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>/s/ Bryan Osmar, Senior Vice President</signatureName>
        <signatureDate>2009-03-06</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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