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Proc-Type: 2001,MIC-CLEAR
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<SEC-DOCUMENT>/in/edgar/work/20000810/0000890393-00-000002/0000890393-00-000002.txt : 20000921
<SEC-HEADER>0000890393-00-000002.hdr.sgml : 20000921
ACCESSION NUMBER:		0000890393-00-000002
CONFORMED SUBMISSION TYPE:	NSAR-A/A
PUBLIC DOCUMENT COUNT:		3
CONFORMED PERIOD OF REPORT:	20000430
FILED AS OF DATE:		20000810

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			MUNIYIELD MICHIGAN INSURED FUND INC
		CENTRAL INDEX KEY:			0000890393
		STANDARD INDUSTRIAL CLASSIFICATION:	 [0000
]		STATE OF INCORPORATION:			NJ
		FISCAL YEAR END:			0930
</COMPANY-DATA>

		FILING VALUES:
			FORM TYPE:		NSAR-A/A
			SEC ACT:		
			SEC FILE NUMBER:	811-07080
			FILM NUMBER:		691066
</FILING-VALUES>

			BUSINESS ADDRESS:	
				STREET 1:		800 SCUDDERS MILL RD
				CITY:			PLAINSBORO
				STATE:			NJ
				ZIP:			08536
				BUSINESS PHONE:		6092822800
</BUSINESS-ADDRESS>
</FILER>
</SEC-HEADER>
<DOCUMENT>
<TYPE>NSAR-A/A
<SEQUENCE>1
<FILENAME>0001.txt
<DESCRIPTION>N-SAR (6.1)
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<PAGE>      PAGE  1
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000 C000000 0000890393
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 Y
000 H000000 N
000 I000000 6.1
000 J000000 U
001 A000000 MUNIYIELD MICHIGAN INSURED FUND, INC.
001 B000000 811-6692
001 C000000 6092822800
002 A000000 P.O. BOX 9011
002 B000000 PRINCETON
002 C000000 NJ
002 D010000 08543
002 D020000 9011
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075 A000000        0
075 B000000   226838
077 A000000 Y
SIGNATURE   DONALD C. BURKE
TITLE       TREASURER


</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.77C
<SEQUENCE>2
<FILENAME>0002.htm
<TEXT>

<HTML>
<HEAD>
<TITLE>MYMIIns77c</TITLE>
</HEAD>
<BODY>
<!-- The following table was generated by the Internet Assistant Wizard for Microsoft Excel. -->
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<!-- START OF CONVERTED OUTPUT -->
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<Table border>
<TR ALIGN="center" VALIGN="bottom">
<TD COLSPAN=16><FONT FACE="Times New Roman"><B>Proxy Results - MuniYield Michigan Insured Fund, Inc.</B></FONT></TD>
</TR>
<TR ALIGN="center" VALIGN="bottom">
<TD COLSPAN=16><FONT FACE="Times New Roman" COLOR=#FF00FF><B>Meeting Date:  12/15/2000</B></FONT></TD>
</TR>
<TR ALIGN="center" VALIGN="bottom">
<TD COLSPAN=16><FONT FACE="Times New Roman">Record Date: 10/20/2000</FONT></TD>
</TR>
<TR ALIGN="center" VALIGN="bottom" STYLE="vnd.ms-excel.numberformat:m/d/yy">
<TD COLSPAN=16><FONT FACE="Times New Roman">As of:  8/4/2000</FONT></TD>
</TR>
<TR VALIGN="bottom">
<TD ALIGN="center" COLSPAN=16 STYLE="vnd.ms-excel.numberformat:m/d/yy"><FONT FACE="Times New Roman">&nbsp;</FONT></TD>
</TR>
<TR VALIGN="bottom">
<TD ALIGN="center" COLSPAN=16 STYLE="vnd.ms-excel.numberformat:m/d/yy"><FONT FACE="Times New Roman">&nbsp;</FONT></TD>
</TR>
<TR VALIGN="bottom">
<TD ALIGN="center" COLSPAN=5 STYLE="vnd.ms-excel.numberformat:m/d/yy"><FONT FACE="Times New Roman">&nbsp;</FONT></TD>
<TD ALIGN="center" COLSPAN=3 STYLE="vnd.ms-excel.numberformat:#,##0.000"><FONT FACE="Times New Roman">Units Voted</FONT></TD>
<TD ALIGN="center" COLSPAN=5><FONT FACE="Times New Roman">Percentage of Total Outstanding Units </FONT><FONT FACE="Times New Roman" COLOR=#FF00FF><B>Voted</FONT></B>
</TD>
<TD ALIGN="center" COLSPAN=3><FONT FACE="Times New Roman">Percentage of </FONT><FONT FACE="Times New Roman" COLOR=#FF00FF><B>Total</FONT><FONT FACE="Times New Roman"></B> Units Voted</FONT>
</TD>
</TR>
<TR VALIGN="bottom">
<TD ALIGN="center" COLSPAN=16 STYLE="vnd.ms-excel.numberformat:m/d/yy"><FONT FACE="Times New Roman">&nbsp;</FONT></TD>
</TR>
<TR VALIGN="bottom">
<TD ALIGN="right"><FONT FACE="Times New Roman">&nbsp;</FONT></TD>
<TD ALIGN="right"><FONT FACE="Times New Roman">&nbsp;</FONT></TD>
<TD ALIGN="center"><FONT FACE="Times New Roman">Shares Needed</FONT></TD>
<TD ALIGN="center"><FONT FACE="Times New Roman">Outstanding</FONT></TD>
<TD ALIGN="center"><FONT FACE="Times New Roman" COLOR=#FF00FF><B>Votes Needed </B></FONT></TD>
<TD ALIGN="right" STYLE="vnd.ms-excel.numberformat:#,##0.000"><FONT FACE="Times New Roman">&nbsp;</FONT></TD>
<TD ALIGN="right" STYLE="vnd.ms-excel.numberformat:#,##0.000"><FONT FACE="Times New Roman">&nbsp;</FONT></TD>
<TD ALIGN="right" STYLE="vnd.ms-excel.numberformat:#,##0.000"><FONT FACE="Times New Roman">&nbsp;</FONT></TD>
<TD ALIGN="right" STYLE="vnd.ms-excel.numberformat:#,##0.000"><FONT FACE="Times New Roman">&nbsp;</FONT></TD>
<TD ALIGN="right" STYLE="vnd.ms-excel.numberformat:#,##0.000"><FONT FACE="Times New Roman">&nbsp;</FONT></TD>
<TD ALIGN="right" STYLE="vnd.ms-excel.numberformat:#,##0.000"><FONT FACE="Times New Roman">&nbsp;</FONT></TD>
<TD ALIGN="center" STYLE="vnd.ms-excel.numberformat:#,##0.000"><FONT FACE="Times New Roman" COLOR=#FF00FF><B>Votes Received </B></FONT></TD>
<TD ALIGN="right"><FONT FACE="Times New Roman">&nbsp;</FONT></TD>
<TD ALIGN="right" STYLE="vnd.ms-excel.numberformat:#,##0.000"><FONT FACE="Times New Roman">&nbsp;</FONT></TD>
<TD ALIGN="right" STYLE="vnd.ms-excel.numberformat:#,##0.000"><FONT FACE="Times New Roman">&nbsp;</FONT></TD>
<TD ALIGN="right" STYLE="vnd.ms-excel.numberformat:#,##0.000"><FONT FACE="Times New Roman">&nbsp;</FONT></TD>
</TR>
<TR VALIGN="bottom">
<TD ALIGN="center"><FONT FACE="Times New Roman">Fund</FONT></TD>
<TD ALIGN="center"><FONT FACE="Times New Roman">&nbsp;</FONT></TD>
<TD ALIGN="center"><FONT FACE="Times New Roman">To Pass</FONT></TD>
<TD ALIGN="center" STYLE="vnd.ms-excel.numberformat:#,##0.000"><FONT FACE="Times New Roman">Shares</FONT></TD>
<TD ALIGN="center" STYLE="vnd.ms-excel.numberformat:#,##0.000"><FONT FACE="Times New Roman" COLOR=#FF00FF><B>50% + 1</B></FONT></TD>
<TD ALIGN="center" STYLE="vnd.ms-excel.numberformat:#,##0.000"><FONT FACE="Times New Roman">For</FONT></TD>
<TD ALIGN="center" STYLE="vnd.ms-excel.numberformat:#,##0.000"><FONT FACE="Times New Roman">Against</FONT></TD>
<TD ALIGN="center" STYLE="vnd.ms-excel.numberformat:#,##0.000"><FONT FACE="Times New Roman">Abstain</FONT></TD>
<TD ALIGN="center" STYLE="vnd.ms-excel.numberformat:#,##0.000"><FONT FACE="Times New Roman">For</FONT></TD>
<TD ALIGN="center" STYLE="vnd.ms-excel.numberformat:#,##0.000"><FONT FACE="Times New Roman">Against</FONT></TD>
<TD ALIGN="center" STYLE="vnd.ms-excel.numberformat:#,##0.000"><FONT FACE="Times New Roman">Abstain</FONT></TD>
<TD ALIGN="center" STYLE="vnd.ms-excel.numberformat:#,##0.000"><FONT FACE="Times New Roman" COLOR=#FF00FF><B>over 50% + 1</B></FONT></TD>
<TD ALIGN="left"><FONT FACE="Times New Roman">Proposal 1 (Trustees)</FONT></TD>
<TD ALIGN="center" STYLE="vnd.ms-excel.numberformat:#,##0.000"><FONT FACE="Times New Roman">For</FONT></TD>
<TD ALIGN="center" STYLE="vnd.ms-excel.numberformat:#,##0.000"><FONT FACE="Times New Roman">Against</FONT></TD>
<TD ALIGN="center" STYLE="vnd.ms-excel.numberformat:#,##0.000"><FONT FACE="Times New Roman">Abstain</FONT></TD>
</TR>
<TR VALIGN="bottom">
<TD ALIGN="left"><FONT FACE="Times New Roman">&nbsp;</FONT></TD>
<TD ALIGN="left"><FONT FACE="Times New Roman">&nbsp;</FONT></TD>
<TD ALIGN="right"><FONT FACE="Times New Roman">&nbsp;</FONT></TD>
<TD ALIGN="right"><FONT FACE="Times New Roman">&nbsp;</FONT></TD>
<TD ALIGN="right"><FONT FACE="Times New Roman">&nbsp;</FONT></TD>
<TD ALIGN="right" STYLE="vnd.ms-excel.numberformat:#,##0.000"><FONT FACE="Times New Roman">&nbsp;</FONT></TD>
<TD ALIGN="right" STYLE="vnd.ms-excel.numberformat:#,##0.000"><FONT FACE="Times New Roman">&nbsp;</FONT></TD>
<TD ALIGN="right" STYLE="vnd.ms-excel.numberformat:#,##0.000"><FONT FACE="Times New Roman">&nbsp;</FONT></TD>
<TD ALIGN="right" STYLE="vnd.ms-excel.numberformat:0.00%"><FONT FACE="Times New Roman">&nbsp;</FONT></TD>
<TD ALIGN="right" STYLE="vnd.ms-excel.numberformat:0.00%"><FONT FACE="Times New Roman">&nbsp;</FONT></TD>
<TD ALIGN="right" STYLE="vnd.ms-excel.numberformat:0.00%"><FONT FACE="Times New Roman">&nbsp;</FONT></TD>
<TD ALIGN="right" STYLE="vnd.ms-excel.numberformat:0.00%"><FONT FACE="Times New Roman">&nbsp;</FONT></TD>
<TD ALIGN="right"><FONT FACE="Times New Roman">&nbsp;</FONT></TD>
<TD ALIGN="right" STYLE="vnd.ms-excel.numberformat:0.00%"><FONT FACE="Times New Roman">&nbsp;</FONT></TD>
<TD ALIGN="right" STYLE="vnd.ms-excel.numberformat:0.00%"><FONT FACE="Times New Roman">&nbsp;</FONT></TD>
<TD ALIGN="right" STYLE="vnd.ms-excel.numberformat:0.00%"><FONT FACE="Times New Roman">&nbsp;</FONT></TD>
</TR>
<TR VALIGN="bottom">
<TD ALIGN="left"><FONT FACE="Times New Roman">Proposal 1 - Common</FONT></TD>
<TD ALIGN="right"><FONT FACE="Times New Roman">&nbsp;</FONT></TD>
<TD ALIGN="right" STYLE="vnd.ms-excel.numberformat:#,##0.000"><FONT FACE="Times New Roman">3,715,818.000</FONT></TD>
<TD ALIGN="right" STYLE="vnd.ms-excel.numberformat:#,##0.000"><FONT FACE="Times New Roman">7,431,634.000</FONT></TD>
<TD ALIGN="right" STYLE="vnd.ms-excel.numberformat:#,##0.000"><FONT FACE="Times New Roman">3,715,818.000</FONT></TD>
<TD ALIGN="right" STYLE="vnd.ms-excel.numberformat:#,##0.000"><FONT FACE="Times New Roman">4,085,897.000</FONT></TD>
<TD ALIGN="right" STYLE="vnd.ms-excel.numberformat:#,##0.000"><FONT FACE="Times New Roman">148,765.000</FONT></TD>
<TD ALIGN="right" STYLE="vnd.ms-excel.numberformat:#,##0.000"><FONT FACE="Times New Roman">161,644.000</FONT></TD>
<TD ALIGN="right" STYLE="vnd.ms-excel.numberformat:0.00%"><FONT FACE="Times New Roman">54.98%</FONT></TD>
<TD ALIGN="right" STYLE="vnd.ms-excel.numberformat:0.00%"><FONT FACE="Times New Roman">2.00%</FONT></TD>
<TD ALIGN="right" STYLE="vnd.ms-excel.numberformat:0.00%"><FONT FACE="Times New Roman">2.18%</FONT></TD>
<TD ALIGN="right" STYLE="vnd.ms-excel.numberformat:#,##0.000"><FONT FACE="Times New Roman">370,079.000</FONT></TD>
<TD ALIGN="right"><FONT FACE="Times New Roman">&nbsp;</FONT></TD>
<TD ALIGN="right" STYLE="vnd.ms-excel.numberformat:0.00%"><FONT FACE="Times New Roman">92.94%</FONT></TD>
<TD ALIGN="right" STYLE="vnd.ms-excel.numberformat:0.00%"><FONT FACE="Times New Roman">3.38%</FONT></TD>
<TD ALIGN="right" STYLE="vnd.ms-excel.numberformat:0.00%"><FONT FACE="Times New Roman">3.68%</FONT></TD>
</TR>
<TR VALIGN="bottom">
<TD ALIGN="left"><FONT FACE="Times New Roman">&nbsp;</FONT></TD>
<TD ALIGN="left"><FONT FACE="Times New Roman">&nbsp;</FONT></TD>
<TD ALIGN="right" STYLE="vnd.ms-excel.numberformat:#,##0.000"><FONT FACE="Times New Roman">&nbsp;</FONT></TD>
<TD ALIGN="right" STYLE="vnd.ms-excel.numberformat:#,##0.000"><FONT FACE="Times New Roman">&nbsp;</FONT></TD>
<TD ALIGN="right" STYLE="vnd.ms-excel.numberformat:#,##0.000"><FONT FACE="Times New Roman">&nbsp;</FONT></TD>
<TD ALIGN="right" STYLE="vnd.ms-excel.numberformat:#,##0.000"><FONT FACE="Times New Roman">&nbsp;</FONT></TD>
<TD ALIGN="right" STYLE="vnd.ms-excel.numberformat:#,##0.000"><FONT FACE="Times New Roman">&nbsp;</FONT></TD>
<TD ALIGN="right" STYLE="vnd.ms-excel.numberformat:#,##0.000"><FONT FACE="Times New Roman">&nbsp;</FONT></TD>
<TD ALIGN="right" STYLE="vnd.ms-excel.numberformat:0.00%"><FONT FACE="Times New Roman">&nbsp;</FONT></TD>
<TD ALIGN="right" STYLE="vnd.ms-excel.numberformat:0.00%"><FONT FACE="Times New Roman">&nbsp;</FONT></TD>
<TD ALIGN="right" STYLE="vnd.ms-excel.numberformat:0.00%"><FONT FACE="Times New Roman">&nbsp;</FONT></TD>
<TD ALIGN="right" STYLE="vnd.ms-excel.numberformat:0.00%"><FONT FACE="Times New Roman">&nbsp;</FONT></TD>
<TD ALIGN="right"><FONT FACE="Times New Roman">&nbsp;</FONT></TD>
<TD ALIGN="right" STYLE="vnd.ms-excel.numberformat:0.00%"><FONT FACE="Times New Roman">&nbsp;</FONT></TD>
<TD ALIGN="right" STYLE="vnd.ms-excel.numberformat:0.00%"><FONT FACE="Times New Roman">&nbsp;</FONT></TD>
<TD ALIGN="right" STYLE="vnd.ms-excel.numberformat:0.00%"><FONT FACE="Times New Roman">&nbsp;</FONT></TD>
</TR>
<TR VALIGN="bottom">
<TD ALIGN="left"><FONT FACE="Times New Roman">Proposal 1 - Preferred</FONT></TD>
<TD ALIGN="right"><FONT FACE="Times New Roman">&nbsp;</FONT></TD>
<TD ALIGN="right" STYLE="vnd.ms-excel.numberformat:#,##0.000"><FONT FACE="Times New Roman">1,001.000</FONT></TD>
<TD ALIGN="right" STYLE="vnd.ms-excel.numberformat:#,##0.000"><FONT FACE="Times New Roman">2,000.000</FONT></TD>
<TD ALIGN="right" STYLE="vnd.ms-excel.numberformat:#,##0.000"><FONT FACE="Times New Roman">1,001.000</FONT></TD>
<TD ALIGN="right" STYLE="vnd.ms-excel.numberformat:#,##0.000"><FONT FACE="Times New Roman">1,966.000</FONT></TD>
<TD ALIGN="right" STYLE="vnd.ms-excel.numberformat:#,##0.000"><FONT FACE="Times New Roman">4.000</FONT></TD>
<TD ALIGN="right" STYLE="vnd.ms-excel.numberformat:#,##0.000"><FONT FACE="Times New Roman">30.000</FONT></TD>
<TD ALIGN="right" STYLE="vnd.ms-excel.numberformat:0.00%"><FONT FACE="Times New Roman">98.30%</FONT></TD>
<TD ALIGN="right" STYLE="vnd.ms-excel.numberformat:0.00%"><FONT FACE="Times New Roman">0.20%</FONT></TD>
<TD ALIGN="right" STYLE="vnd.ms-excel.numberformat:0.00%"><FONT FACE="Times New Roman">1.50%</FONT></TD>
<TD ALIGN="right" STYLE="vnd.ms-excel.numberformat:#,##0.000"><FONT FACE="Times New Roman">965.000</FONT></TD>
<TD ALIGN="right"><FONT FACE="Times New Roman">Brackenridge</FONT></TD>
<TD ALIGN="right" STYLE="vnd.ms-excel.numberformat:0.00%"><FONT FACE="Times New Roman">98.30%</FONT></TD>
<TD ALIGN="right" STYLE="vnd.ms-excel.numberformat:0.00%"><FONT FACE="Times New Roman">0.20%</FONT></TD>
<TD ALIGN="right" STYLE="vnd.ms-excel.numberformat:0.00%"><FONT FACE="Times New Roman">1.50%</FONT></TD>
</TR>
<TR VALIGN="bottom">
<TD ALIGN="left"><FONT FACE="Times New Roman">&nbsp;</FONT></TD>
<TD ALIGN="left"><FONT FACE="Times New Roman">&nbsp;</FONT></TD>
<TD ALIGN="right" STYLE="vnd.ms-excel.numberformat:#,##0.000"><FONT FACE="Times New Roman">&nbsp;</FONT></TD>
<TD ALIGN="right" STYLE="vnd.ms-excel.numberformat:#,##0.000"><FONT FACE="Times New Roman">&nbsp;</FONT></TD>
<TD ALIGN="right" STYLE="vnd.ms-excel.numberformat:#,##0.000"><FONT FACE="Times New Roman">&nbsp;</FONT></TD>
<TD ALIGN="right" STYLE="vnd.ms-excel.numberformat:#,##0.000"><FONT FACE="Times New Roman">&nbsp;</FONT></TD>
<TD ALIGN="right" STYLE="vnd.ms-excel.numberformat:#,##0.000"><FONT FACE="Times New Roman">&nbsp;</FONT></TD>
<TD ALIGN="right" STYLE="vnd.ms-excel.numberformat:#,##0.000"><FONT FACE="Times New Roman">&nbsp;</FONT></TD>
<TD ALIGN="right" STYLE="vnd.ms-excel.numberformat:0.00%"><FONT FACE="Times New Roman">&nbsp;</FONT></TD>
<TD ALIGN="right" STYLE="vnd.ms-excel.numberformat:0.00%"><FONT FACE="Times New Roman">&nbsp;</FONT></TD>
<TD ALIGN="right" STYLE="vnd.ms-excel.numberformat:0.00%"><FONT FACE="Times New Roman">&nbsp;</FONT></TD>
<TD ALIGN="right" STYLE="vnd.ms-excel.numberformat:0.00%"><FONT FACE="Times New Roman">&nbsp;</FONT></TD>
<TD ALIGN="right"><FONT FACE="Times New Roman">&nbsp;</FONT></TD>
<TD ALIGN="right" STYLE="vnd.ms-excel.numberformat:0.00%"><FONT FACE="Times New Roman">&nbsp;</FONT></TD>
<TD ALIGN="right" STYLE="vnd.ms-excel.numberformat:0.00%"><FONT FACE="Times New Roman">&nbsp;</FONT></TD>
<TD ALIGN="right" STYLE="vnd.ms-excel.numberformat:0.00%"><FONT FACE="Times New Roman">&nbsp;</FONT></TD>
</TR>
</TABLE>
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<FONT SIZE=-1><I>
<BR>Last Updated on 08/08/2000
<BR>By Win95 User
<FONT SIZE=+0></I>
</BODY>
</HTML>

</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.77M
<SEQUENCE>3
<FILENAME>0003.txt
<TEXT>

MuniYield Michigan Insured Fund, Inc.

File No. 811-6692
Item No. 77M (Mergers) -- Attachment



During the fiscal semi-annual period ending April 30, 2000,
MuniYield Michigan Insured Fund, Inc. (the "Registrant")
acquired substantially all of the assets and assumed
substantially all of the liabilities of MuniVest Michigan
Insured Fund, Inc. ("MuniVest MI"), File No. 811-7578,
and MuniHoldings Michigan Insured Fund, Inc.
("MuniHoldings MI"), File No. 811-9125.

At meetings of the Boards of Directors of the Registrant
and MuniVest MI and MuniHoldings MI, the Boards of
Directors approved an Agreement and Plan of
Reorganization (the "Reorganization").  The
Reorganization referred collectively to (i) the acquisition of
substantially all of the assets and the assumption of
substantially all of the liabilities of MuniVest MI by the
Registrant and the subsequent distribution of Registrant's
Common Stock and Registrant's Series B Auction Market
Preferred Stock ("AMPS") to the holders of MuniVest MI
Common Stock and MuniVest MI AMPS, respectively; (ii)
the acquisition of substantially all of the assets and the
assumption of substantially all of the liabilities of
MuniHoldings MI by the Registrant and the subsequent
distribution of Registrant's Common Stock and
Registrant's Series C AMPS to the holders of
MuniHoldings MI Common Stock and MuniHoldings MI
AMPS, Series A, respectively; (iii) the designation of the
currently outstanding series of the Registrant's AMPS as
Series A AMPS; and (iv) the subsequent deregistration and
dissolution of each of MuniVest MI and Muniholdings MI.

In connection with the Reorganization, on October 5, 1999,
the Registrant filed a Registration Statement on Form N-14
(File No.333-88449; the "N-14 Registration Statement").
The N-14 Registration Statement contained the proxy
materials soliciting the approval of the Agreement and Plan
of Reorganization by the shareholders of MuniVest MI and
MuniHoldings MI.  Pre-Effective Amendment No. 1 to the
N-14 Registration Statement was filed on November 8,
1999, and the N-14 Registration Statement as so amended
was declared effective by the Commission on November 8,
1999.

On January 20, 2000, the shareholders of the Registrant and
MuniVest MI and MuniHoldings MI approved the
Reorganization at a special meeting of shareholders held for
that purpose.  On March 6, 2000 (the "Reorganization
Date"), pursuant to the Agreement and Plan of
Reorganization, MuniVest MI transferred securities and
cash valued at $ 141,497,230.67 to the Registrant and
received in exchange 6,761,116 shares of the Registrant's
Common Stock and 2,000 shares of Registrant's Series B
AMPS with an aggregate liquidation preference of $25,000;
MuniHoldings MI transferred securities and cash valued at
$ 95,171,859.57 to the Registrant and received in exchange
3,963,182 shares of the Registrant's Common Stock and
1,600 shares of Registrant's Series C AMPS with an
aggregate liquidation preference of $25,000; and  MuniVest
MI and MuniHoldings MI distributed these shares to their
respective shareholders as provided in the Agreement and
Plan of Reorganization.

An Application for Deregistration on Form N-8F will be
filed by MuniVest MI and MuniHoldings MI with the
Securities and Exchange Commission.

</TEXT>
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</SEC-DOCUMENT>
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