EX-99.77D POLICIES 4 mvf77d.htm

Unassociated Document

BlackRock MuniVest Fund, Inc. (“MVF”)

77D  Policies with respect to security investments

On June 7, 2013, the Board of Directors of MVF approved an amendment to MVF's non-fundamental investment policies, which permitted MVF to invest up to 20% of its total assets in securities rated below investment grade at time of purchase, or deemed equivalent.  Effective July 1, 2013, MVF no longer restricts its investments to long-term municipal obligations that are rated investment grade at time of purchase; instead MVF may invest up to 20% of its total assets in securities rated below investment grade or deemed equivalent at time of purchase.