<SEC-DOCUMENT>0001209191-12-017730.txt : 20120313
<SEC-HEADER>0001209191-12-017730.hdr.sgml : 20120313
<ACCEPTANCE-DATETIME>20120313151152
ACCESSION NUMBER:		0001209191-12-017730
CONFORMED SUBMISSION TYPE:	3
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20120301
FILED AS OF DATE:		20120313
DATE AS OF CHANGE:		20120313

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			J.P. Morgan Taxable PUTTERs/Taxable DRIVERs, Series T0017 Trust
		CENTRAL INDEX KEY:			0001544544

	FILING VALUES:
		FORM TYPE:		3
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	811-08081
		FILM NUMBER:		12686956

	BUSINESS ADDRESS:	
		BUSINESS PHONE:		212-361-6177

	MAIL ADDRESS:	
		STREET 1:		C/O U.S. BANK TRUST NATIONAL ASSOCIATION
		STREET 2:		100 WALL STREET-SUITE 1600
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10005

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
</SEC-HEADER>
<DOCUMENT>
<TYPE>3
<SEQUENCE>1
<FILENAME>c27954_3x1.xml
<DESCRIPTION>MAIN DOCUMENT DESCRIPTION
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0204</schemaVersion>

    <documentType>3</documentType>

    <periodOfReport>2012-03-01</periodOfReport>

    <noSecuritiesOwned>0</noSecuritiesOwned>

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

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001544544</rptOwnerCik>
            <rptOwnerName>J.P. Morgan Taxable PUTTERs/Taxable DRIVERs, Series T0017 Trust</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>C/O U.S. BANK TRUST NATIONAL ASSOCIATION</rptOwnerStreet1>
            <rptOwnerStreet2>100 WALL STREET- SUITE 1600</rptOwnerStreet2>
            <rptOwnerCity>NEW YORK</rptOwnerCity>
            <rptOwnerState>NY</rptOwnerState>
            <rptOwnerZipCode>10005</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeHolding>
            <securityTitle>
                <value>Series W-7 Variable Rate Muni Term Preferred Shares</value>
            </securityTitle>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>837</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeHolding>
    </nonDerivativeTable>

    <derivativeTable></derivativeTable>

    <ownerSignature>
        <signatureName>/s/ Deirdre Brady, as Attorney-In-Fact</signatureName>
        <signatureDate>2012-03-13</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-24
<SEQUENCE>2
<FILENAME>c27954_24.htm
<DESCRIPTION>POWER OF ATTORNEY
<TEXT>
<html>
<head><title>Power of Attorney</title></head>
<body><DIV
style="width: 7.5in; font-family: 'Times New Roman',Times,serif; margin-left: 0.25in">

<P style="font-size: 10pt" align="center">POWER OF ATTORNEY

<P style="font-size: 10pt" align="left">J.P. MORGAN TAXABLE PUTTERS/TAXABLE
DRIVERS, SERIES T0013 TRUST (the &#8220;Company&#8221;) hereby appoints
Ms.&nbsp;Deirdre Brady (an &#8220;Attorney-In-Fact&#8221;) of Ashurst LLP (the
&#8220;Firm&#8221;), Times Square Tower, 7 Times Square, 42<SUP
style="font-size: 85%; vertical-align: text-top">nd</SUP> Floor, New York, NY
10036, as its duly appointed attorney-in-fact to bind the Company and to
execute, acknowledge, deliver and file any and all statements on Form&nbsp;ID
(including, but not limited to, obtaining the Central Index Key
(&#8220;CIK&#8221;) and the CIK confirmation code (&#8220;CCC&#8221;) from the
Securities and Exchange Commission) and Form&nbsp;3 and any successor forms
adopted by the Securities and Exchange Commission, as may be required by the
Securities Act of 1933, the Securities Act of 1934 and the Investment Company
Act of 1940 and the rules thereunder, and requisite documents related to its
security position, and any and all amendments or modifications thereof and
other undertakings of the Company as directed orally or in writing by a duly
authorized officer or representative of the Company.

<P style="font-size: 10pt" align="left">The Company shall indemnify the
Attorney-In-Fact and the Firm and keep the Attorney-In-Fact and the Firm
indemnified against any and all direct costs, claims and liabilities which the
Attorney-In-Fact or the Firm may incur as a result of anything done by the
Attorney-In-Fact in the exercise of any of the powers granted by this power of
attorney.

<P style="font-size: 10pt" align="left">The powers granted are to be given the
widest possible interpretation so as to permit and enable the purpose for which
they have been granted.

<P style="font-size: 10pt" align="left">This Power of Attorney shall be
construed in accordance with and governed by the laws of New York.

<P style="font-size: 10pt" align="left">This Power of Attorney shall expire in
six (6)&nbsp;months from the date hereof unless expressly revoked by the
Company prior to said date, in which case this Power of Attorney will
immediately be terminated.

<P style="font-size: 10pt" align="left">IN WITNESS WHEREOF this Power of
Attorney has been executed and delivered on March&nbsp;9, 2012.

<P>
<TABLE style="font-size: 10pt" border="0" cellspacing="0" cellpadding="0"
width="100%">

 <TR
style="background: none transparent scroll repeat 0% 0%; color: #000000; font-size: 10pt"
valign="top">
  <TD width="3%" nowrap align="left">&nbsp;</TD>
  <TD width="1%">&nbsp;</TD>
  <TD>J.P. MORGAN TAXABLE PUTTERS/TAXABLE DRIVERS, SERIES T0017 TRUST</TD>
 </TR>

</TABLE>


<P>
<TABLE style="font-size: 10pt" border="0" cellspacing="0" cellpadding="0"
width="100%">

 <TR
style="background: none transparent scroll repeat 0% 0%; color: #000000; font-size: 10pt"
valign="top">
  <TD width="3%" nowrap align="left">&nbsp;</TD>
  <TD width="1%">&nbsp;</TD>
  <TD>By: JPMORGAN CHASE BANK, N.A., not in its individual capacity but solely
as Trustor</TD>
 </TR>

</TABLE>


<P>
<TABLE style="font-size: 10pt" border="0" cellspacing="0" cellpadding="0"
width="100%">

 <TR
style="background: none transparent scroll repeat 0% 0%; color: #000000; font-size: 10pt"
valign="top">
  <TD width="3%" nowrap align="left">&nbsp;</TD>
  <TD width="1%">&nbsp;</TD>
  <TD>By: <U>/s/ Paul Palmeri</U></TD>
 </TR>

</TABLE>


<P>
<TABLE style="font-size: 10pt" border="0" cellspacing="0" cellpadding="0"
width="100%">

 <TR
style="background: none transparent scroll repeat 0% 0%; color: #000000; font-size: 10pt"
valign="top">
  <TD width="3%" nowrap align="left">&nbsp;</TD>
  <TD width="1%">&nbsp;</TD>
  <TD>Name: Paul Palmeri<BR>
Title: Managing Director</TD>
 </TR>

</TABLE>


<P style="font-size: 10pt" align="center">&nbsp;

<P style="display: none; font-size: 10pt" align="center">1
</DIV>

<!-- PAGEBREAK -->

<DIV
style="width: 7.5in; font-family: 'Times New Roman',Times,serif; margin-left: 0.25in">

<P>

<P style="font-size: 10pt" align="left"><B>ACKNOWLEDGEMENT</B>

<P style="font-size: 10pt" align="left">State of New York

<P style="font-size: 10pt" align="left">County of New York

<P style="font-size: 10pt" align="left">On the 9th day of March in the year
2012 before me, Migdalia Dereyayla, personally appeared Paul Palmeri,
personally known to me or proved to me on the basis of satisfactory evidence to
be the individual(s) whose name(s) is (are) subscribed to the within instrument
and acknowledged to me that he/she/they executed the same in his/her/their
capacity(ies), and that by his/her/their signature(s) on the instrument, the
individual(s), or the person upon behalf of which the individual(s) acted,
executed the instrument.

<P style="font-size: 10pt" align="left"><U>/s/ Migdalia Dereyayla</U>
<BR>
<I>(Signature and office of individual taking acknowledgement.)</I>

<P style="font-size: 10pt" align="left">Migdalia Dereyayla <BR>
Notary Public,
State of New York <BR>
Registration #01DE6072408 <BR>
Qualified in Kings County
<BR>
Commission Expires: April&nbsp;1, 2014

<P style="font-size: 10pt" align="center">&nbsp;

<P style="display: none; font-size: 10pt" align="center">2
</DIV>

</body>
</html>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
