<SEC-DOCUMENT>0000844779-17-000149.txt : 20170425
<SEC-HEADER>0000844779-17-000149.hdr.sgml : 20170425
<ACCEPTANCE-DATETIME>20170425142635
ACCESSION NUMBER:		0000844779-17-000149
CONFORMED SUBMISSION TYPE:	NSAR-A
PUBLIC DOCUMENT COUNT:		3
CONFORMED PERIOD OF REPORT:	20170228
FILED AS OF DATE:		20170425
DATE AS OF CHANGE:		20170425
EFFECTIVENESS DATE:		20170425

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			BLACKROCK MUNICIPAL INCOME QUALITY TRUST
		CENTRAL INDEX KEY:			0001181187
		IRS NUMBER:				000000000
		FISCAL YEAR END:			0831

	FILING VALUES:
		FORM TYPE:		NSAR-A
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	811-21178
		FILM NUMBER:		17780753

	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:	BLACKROCK INSURED MUNICIPAL INCOME TRUST
		DATE OF NAME CHANGE:	20020904

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	BLACKROCK MUNICIPAL INCOME TRUST III
		DATE OF NAME CHANGE:	20020819
</SEC-HEADER>
<DOCUMENT>
<TYPE>NSAR-A
<SEQUENCE>1
<FILENAME>answer.fil
<TEXT>
<PAGE>      PAGE  1
000 A000000 02/28/2017
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001 A000000 BLACKROCK MUNICIPAL INCOME QUALITY TRUST
001 B000000 811-21178
001 C000000 8004417762
002 A000000 100 BELLEVUE PARKWAY
002 B000000 WILMINGTON
002 C000000 DE
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008 B000001 A
008 C000001 801-47710
008 D010001 WILMINGTON
008 D020001 DE
008 D030001 19809
012 A000001 COMPUTERSHARE TRUST COMPANY, N.A. (COMMON)
012 B000001 85-11340
012 C010001 CANTON
012 C020001 MA
012 C030001 02021
012 A000002 THE BANK OF NEW YORK MELLON (PREFERRED)
012 B000002 85-05006
012 C010002 NEW YORK
012 C020002 NY
012 C030002 10289
013 A000001 DELOITTE & TOUCHE LLP
013 B010001 BOSTON
013 B020001 MA
013 B030001 02116
014 A000001 BLACKROCK EXECUTION SERVICES
014 B000001 8-48719
014 A000002 BLACKROCK INVESTMENTS, LLC
014 B000002 8-48436
014 A000003 HARRIS WILLIAMS LLC
014 B000003 8-53380
014 A000004 PNC CAPITAL MARKETS, INC.
014 B000004 8-32493
<PAGE>      PAGE  2
014 A000005 PNC INVESTMENTS LLC
014 B000005 8-66195
014 A000006 SOLEBURY CAPITAL, LLC
014 B000006 8-67548
015 A000001 STATE STREET BANK &  TRUST COMPANY
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022 A000001 BLACKROCK LIQUIDITY FUNDS, MUNICASH
022 B000001 52-0983343
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022 A000002 MORGAN STANLEY & CO. LLC
022 B000002 13-2655998
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022 B000008 59-1237041
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022 A000009 GOLDMAN SACHS & CO
<PAGE>      PAGE  3
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022 C000009      4356
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022 B000010 06-1031656
022 C000010      3902
022 D000010       504
023 C000000     115381
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076  000000    14.04
077 A000000 Y
077 O000000 Y
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078  000000 N
080 C000000        0
081 B000000   0
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083 B000000        0
084 B000000        0
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SIGNATURE   NEAL J. ANDREWS
TITLE       CFO

</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.77O RULE 10F-3
<SEQUENCE>2
<FILENAME>77o08.txt
<TEXT>
<PAGE>

                                                           [LOGO OF BLACKROCK]

Rule 10f-3 Transaction Form

Acquisition of Securities During Affiliated Underwritings

PARTICIPATING FUNDS

..  U.S. Registered Funds (Name of Fund, Aladdin Ticker):
   ISHARES NATIONAL MUNI BOND ETF (ISHMUNI)
   ISHARES IBONDS SEP 2019 TERM MUNI BOND ETF (IMUN19)
   ISHARES IBONDS DEC 2021 TERM MUNI BOND ETF (IMUN21)
   BlackRock Municipal Income Quality Trust (BYM)
   BlackRock MuniEnhanced Fund, Inc. (MEN)
   BlackRock MuniYield Quality Fund II, Inc. (MQT)
   BlackRock MuniYield Quality Fund, Inc. (MQY)

THE OFFERING

KEY CHARACTERISTICS (COMPLETE ALL FIELDS)

-------------------------------------
Date of                   01-27-2017
Offering Commencement:
------------------------  -----------
Security Type:            BND/MUNI
-------------------------------------
-------------------------------------------------------------------------------
Issuer                       City of Baltimore, Maryland Subordinate Project
                             Revenue Bonds (Water Project) Series 2017A
---------------------------  --------------------------------------------------
Selling Underwriter          Citigroup Global Markets Inc.,
---------------------------  --------------------------------------------------
Affiliated Underwriter(s)    [X]  PNC Capital Markets LLC
                             [_]  Other:
---------------------------  --------------------------------------------------
List of Underwriter(s)       Citigroup Global Markets Inc., Loop Capital
                             Markets LLC, M&T Securities, Inc, PNC Capital
                             Markets LLC, Siebert Cisneros Shank & Co., L.L.C
-------------------------------------------------------------------------------

TRANSACTION DETAILS

-------------------------------
Date of Purchase    01-27-2017
-------------------------------
-------------------------------------------------------------------------------
Purchase Price/Share      $108.594 Total Commission, Spread or Profit    0.116%
(PER SHARE / % OF PAR)    $113.641
                          $112.183
                          $111.740
-------------------------------------------------------------------------------
-------------------------------------------------------------------------------
1. Aggregate Principal Amount Purchased (a+b)                      $ 16,110,000
-----------------------------------------------------------------  ------------
    a. US Registered Funds  (Appendix attached with individual
       Fund/Client purchase)                                       $ 15,670,000
-----------------------------------------------------------------  ------------
    b. Other BlackRock Clients                                     $    440,000
-----------------------------------------------------------------  ------------
2. Aggregate Principal Amount of Offering                          $157,420,000
-------------------------------------------------------------------------------

                                  Page 1 of 2

<PAGE>

Rule 10f-3 Report - Definitions                            [LOGO OF BLACKROCK]

--------------------------------------------------------------------------
FUND RATIO
[Divide Sum of #1 by #2]
Must be less than 0.25                                             0.10234
--------------------------------------------------------------------------

<PAGE>

Rule 10f-3 Report - Definitions                            [LOGO OF BLACKROCK]

LEGAL REQUIREMENTS

OFFERING TYPE (CHECK ONE)

The securities fall into one of the following transaction types (see
Definitions):

[_]  U.S. Registered Public         [Issuer must have 3 years of continuous
     Offering...................... operations]

[_]  Eligible Rule 144A Offering... [Issuer must have 3 years of continuous
                                    operations]

[X]  Eligible Municipal Securities

[_]  Eligible Foreign Offering..... [Issuer must have 3 years of continuous
                                    operations]

[_]  Government Securities          [Issuer must have 3 years of continuous
     Offering...................... operations]

TIMING AND PRICE (CHECK ONE OR BOTH)

[X]The securities were purchased before the end of the first day on which any
   sales were made, at a price that was not more than the price paid by each
   other purchaser of securities in that offering or in any concurrent offering
   of the securities; and

[_]If the securities are offered for subscription upon exercise of rights, the
   securities were purchased on or before the fourth day before the day on
   which the rights offering terminated.

FIRM COMMITMENT OFFERING (CHECK ONE)

[X]  YES  The securities were offered pursuant to an underwriting or similar
[_]  NO   agreement under which the underwriters were committed to purchase
          all of the securities being offered, except those purchased by
          others pursuant to a rights offering, if the underwriters purchased
          any of the securities.

NO BENEFIT TO AFFILIATED UNDERWRITER (CHECK ONE)

[X]  YES  No affiliated underwriter was a direct or indirect participant in,
[_]  NO   or benefited directly or indirectly from, the transaction.

Completed by:  Dipankar Banerjee                              Date: 02-10-2017
               ---------------------------------------------
               Global Syndicate Team Member

Approved by:   Steven DeLaura                                 Date: 02-10-2017
               ---------------------------------------------
               Global Syndicate Team Member

<PAGE>

Rule 10f-3 Report - Definitions                            [LOGO OF BLACKROCK]

DEFINITIONS

TERM                       DEFINITION
Fund Ratio                 Number appearing at the bottom of page 1 of 2 of
                           the Rule 10f-3 Report form. It is the sum of the
                           Funds' participation in the offering by the Funds
                           and other accounts managed by BlackRock divided by
                           the total amount of the offering.

Eligible Foreign Offering  The securities are sold in a public offering
                           conducted under the laws of a country other than
                           the United States and

                           (a)the offering is subject to regulation in such
                              country by a "foreign financial regulatory
                              authority," as defined in Section 2(a)(50) of
                              the Investment Company Act of 1940;

                           (b)the securities were offered at a fixed price to
                              all purchasers in the offering (except for any
                              rights to purchase securities that are required
                              by law to be granted to existing security
                              holders of the issuer);

                           (c)financial statements, prepared and audited as
                              required or permitted by the appropriate foreign
                              financial regulatory authority in such country,
                              for the two years prior to the offering, were
                              made available to the public and prospective
                              purchasers in connection with the offering; and

                           (d)if the issuer is a "domestic issuer," i.e.,
                              other than a foreign government, a national of
                              any foreign country, or a corporation or other
                              organization incorporated or organized under the
                              laws of any foreign country, it (1) has a class
                              of securities registered pursuant to section
                              12(b) or 12(g) of the Securities Exchange Act of
                              1934 or is required to file reports pursuant to
                              section 15(d) of that act, and (2) has filed all
                              the material required to be filed pursuant to
                              section 13(a) or 15(d) of that act for a period
                              of at least 12 months immediately preceding the
                              sale of securities (or for such shorter period
                              that the issuer was required to file such
                              material)

<PAGE>

Rule 10f-3 Report - Definitions                            [LOGO OF BLACKROCK]

TERM                            DEFINITION
Eligible Municipal Securities   The securities:

                                (a)are direct obligations of, or obligations
                                   guaranteed as to principal or interest by,
                                   a State or any political subdivision
                                   thereof, or any agency or instrumentality
                                   of a State or any political subdivision
                                   thereof, or any municipal corporate
                                   instrumentality of one or more States, or
                                   any security which is an industrial
                                   development bond (as defined in section
                                   103(c)(2) of Title 26) the interest on
                                   which is excludable from gross income under
                                   certain provisions of the Internal Revenue
                                   Code;

                                (b)are sufficiently liquid that they can be
                                   sold at or near their carrying value within
                                   a reasonably short period of time; and

                                (c)either

                                    (1)are subject to no greater than moderate
                                       credit risk; or

                                    (2)if the issuer of the municipal
                                       securities, or the entity supplying the
                                       revenues or other payments from which
                                       the issue is to be paid, has been in
                                       continuous operation for less than
                                       three years, including the operation of
                                       any predecessors, the securities are
                                       subject to a minimal or low amount of
                                       credit risk.

                                Also, purchases of municipal securities may
                                not be designated as group sales or otherwise
                                allocated to the account of any prohibited
                                seller (i.e., an affiliated underwriter).

Eligible Rule 144A Offering     The securities are sold in an offering where

                                (a)the securities are offered or sold in
                                   transactions exempt from registration under
                                   Section 4(2) of the Securities Act of 1933,
                                   Rule 144A thereunder, or Rules 501-508
                                   thereunder;

                                (b)the securities were sold to persons that
                                   the seller and any person acting on behalf
                                   of the seller reasonably believe to include
                                   qualified institutional buyers, as defined
                                   in Rule 144A ("QIBs"); and

                                (c)the seller and any person acting on behalf
                                   of the seller reasonably believe that the
                                   securities are eligible for resale to other
                                   QIBs pursuant to Rule 144A.

Government Securities Offering  The security is issued or guaranteed as to
                                principal or interest by the United States, or
                                by a person controlled or supervised by and
                                acting as an instrumentality of the Government
                                of the United States pursuant to authority
                                granted by the Congress of the United States;
                                or any certificate of deposit for any of the
                                foregoing.

<PAGE>

Rule 10f-3 Report - Definitions                            [LOGO OF BLACKROCK]

TERM                              DEFINITION
U.S. Registered Public Offering.  The securities offered are registered under
                                  the Securities Act of 1933 that are being
                                  offered to the public.
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.77Q1 OTHR EXHB
<SEQUENCE>3
<FILENAME>77qbym.txt
<TEXT>
<PAGE>

                    BlackRock Municipal Income Quality Trust

                               File No. 811-21178

       Sub-Item No. 77Q1(e) (Investment Advisory Contracts) -- Attachment

Attached please find an exhibit to Sub-Item 77Q1(e) of Form N-SAR, a copy of the
Closed-End Fund Master Advisory Fee Waiver Agreement between BlackRock Municipal
Income Quality Trust and BlackRock Advisors, LLC.

<PAGE>

Exhibit 77Q1(e)

              CLOSED-END FUND MASTER ADVISORY FEE WAIVER AGREEMENT
              ----------------------------------------------------

     This MASTER ADVISORY FEE WAIVER AGREEMENT (this "Agreement") is made as of
                                                      ---------
the 2nd day of December, 2016, by and among BlackRock Advisors, LLC (the
"Adviser") an "Adviser") and each investment company listed on SCHEDULE A
 -------       -------
attached hereto (each, a "Fund").
                          ----

     WHEREAS, each Fund is registered under the Investment Company Act of 1940,
as amended (the "1940 Act"), as a closed-end management company, and is
                 --------
organized as a statutory trust under the laws of the State of Delaware, a
limited liability company under the laws of the State of Delaware, a business
trust under the laws of the Commonwealth of Massachusetts or a corporation under
the laws of the State of Maryland;

     WHEREAS, the Adviser and each Fund are parties to investment advisory
agreements (the "Advisory Agreements"), pursuant to which the Adviser provides
                 -------------------
investment advisory services to each Fund in consideration of compensation as
set forth in each Advisory Agreement (the "Advisory Fee"); and
                                           ------------

     WHEREAS, the Adviser has determined that it is appropriate and in the best
interests of each Fund and its interestholders to waive part of each Fund's
Advisory Fee as set forth in SCHEDULE B attached hereto (the "Fee Waiver"). Each
                                                              ----------
Fund and the Adviser, therefore, have entered into this Agreement in order to
effect the Fee Waiver for each Fund at the level specified in SCHEDULE B
attached hereto on the terms and conditions set forth in this Agreement.

     NOW, THEREFORE, in consideration of the mutual covenants set forth herein
and other good and valuable consideration, the receipt of which is hereby
acknowledged, the parties hereto agree as follows:

1. Contractual Fee Waiver. During the Term (as defined in Section 3 below), the
   ----------------------
Adviser shall waive a portion of its Advisory Fee with respect to each Fund as
set forth in SCHEDULE B attached hereto.

2. Voluntary Fee Waiver/Expense Reimbursement. Nothing herein shall preclude an
   ------------------------------------------
Adviser from contractually waiving other fees and/or reimbursing expenses of any
Fund, voluntarily waiving Advisory Fees it is entitled to from any Fund or
voluntarily reimbursing expenses of any Fund as the Adviser, in its discretion,
deems reasonable or appropriate. Any such voluntary waiver or voluntary expense
reimbursement may be modified or terminated by the Adviser at any time in its
sole and absolute discretion without the approval of the Fund's Board of
Trustees or Board of Directors, as the case may be.

3. Term; Termination.
   -----------------

     3.1 Term. The term ("Term") of the Fee Waiver with respect to a Fund shall
         ----             ----
begin on December 2, 2016 (or such other date as agreed to in writing between
the Adviser and the Fund) and end with respect to a Fund after the close of
business on the date set forth on SCHEDULE A (or such other date as agreed to in
writing between the Adviser and the Fund) unless the Fee Waiver is earlier
terminated in accordance with Section 3.2. The Term of the Fee Waiver with
respect to a Fund may be continued from year to year thereafter provided that
each such continuance is specifically approved by the Adviser and the Fund
(including with respect to the Fund, a

                                     - 1 -

<PAGE>

majority of the Fund's Trustees or Directors, as the case may be, who are not
"interested persons," as defined in the 1940 Act, of the Advisers (the
"Non-Interested Directors")). Neither the Adviser nor a Fund shall be obligated
to extend the Fee Waiver with respect to the Fund.

     3.2 Termination. This Agreement may be terminated prior to expiration by
         -----------
any Fund with respect to such Fund without payment of any penalty, upon 90 days'
prior written notice to the Adviser at its principal place of business (or at an
earlier date as may be agreed to by both parties); provided that, such action
shall be authorized by resolution of a majority of the Non-Interested Directors
of such Fund or by a vote of a majority of the outstanding voting securities of
such Fund.

4. Miscellaneous.
   -------------

     4.1 Captions. The captions in this Agreement are included for convenience
         --------
of reference only and in no other way define or delineate any of the provisions
hereof or otherwise affect their construction or effect.

     4.2 Interpretation. Nothing herein contained shall be deemed to require a
         --------------
Fund to take any action contrary to the Fund's Declaration of Trust or Articles
of Incorporation, as the case may be, or Bylaws, or any applicable statutory or
regulatory requirement to which it is subject or by which it is bound, or to
relieve or deprive the Fund's Board of Trustees or Board of Directors, as the
case may be, of its responsibility for and control of the conduct of the affairs
of the Fund.

     4.3 Limitation of Liability. The obligations and expenses incurred,
         -----------------------
contracted for or otherwise existing with respect to a Fund shall be enforced
against the assets of such Fund and not against the assets of any other Fund.

     4.4 Definitions. Any question of interpretation of any term or provision of
         -----------
this Agreement, including but not limited to the computations of average daily
net assets or of any Advisory Fee, and the allocation of expenses, having a
counterpart in or otherwise derived from the terms and provisions of the
relevant Advisory Agreement between the Adviser and the Fund or the 1940 Act,
shall have the same meaning as and be resolved by reference to such Advisory
Agreement or the 1940 Act, as applicable, and to interpretations thereof, if
any, by the United States Courts or in the absence of any controlling decision
of any such Court, by rules, regulations or orders of the Securities and
Exchange Commission ("SEC") issued pursuant to the 1940 Act. In addition, if the
                      ---
effect of a requirement of the 1940 Act reflected in any provision of this
Agreement is revised by rule, regulation or order of the SEC, that provision
will be deemed to incorporate the effect of that rule, regulation or order.
Otherwise the provisions of this Agreement will be interpreted in accordance
with the substantive laws of the State of New York.

                                     - 2 -

<PAGE>

     IN WITNESS WHEREOF, the parties have caused this Agreement to be signed by
their respective officers as of the day and year first above written.

                                          EACH OF THE FUNDS LISTED ON SCHEDULE A
                                          ATTACHED HERETO

                                          By: /s/ Neal J. Andrews
                                              ----------------------------------
                                              Name:  Neal J. Andrews
                                              Title: Chief Financial Officer


                                          BLACKROCK ADVISORS, LLC

                                          By: /s/ Neal J. Andrews
                                              ----------------------------------
                                              Name:  Neal J. Andrews
                                              Title: Managing Director

    [SIGNATURE PAGE TO CLOSED-END FUND MASTER ADVISORY FEE WAIVER AGREEMENT]

                                     - 3 -

<PAGE>

                                   SCHEDULE A

              CLOSED-END FUND MASTER ADVISORY FEE WAIVER AGREEMENT

                           (DATED AS OF MARCH 2, 2017)

<TABLE>
<CAPTION>
                                                                            EXPIRATION
     TICKER                             FUND                                   DATE
     ------   --------------------------------------------------------   -----------------
<S>  <C>      <C>                                                        <C>
1     BBN     BlackRock Taxable Municipal Bond Trust                     June 30, 2017
2     BJZ     BlackRock California Municipal 2018 Term Trust             June 30, 2017
3     BFZ     BlackRock California Municipal Income Trust                June 30, 2017
4     BHK     BlackRock Core Bond Trust                                  June 30, 2017
5     HYT     BlackRock Corporate High Yield Fund, Inc.                  June 30, 2017
6     BTZ     BlackRock Credit Allocation Income Trust                   June 30, 2017
7     DSU     BlackRock Debt Strategies Fund, Inc.                       June 30, 2017
8     BHL     BlackRock Defined Opportunity Credit Trust                 June 30, 2017
9     BGR     BlackRock Energy and Resources Trust                       June 30, 2017
10    CII     BlackRock Enhanced Capital and Income Fund, Inc.           June 30, 2017
11    BDJ     BlackRock Enhanced Equity Dividend Trust                   June 30, 2017
12    EGF     BlackRock Enhanced Government Fund, Inc.                   June 30, 2017
13    FRA     BlackRock Floating Rate Income Strategies Fund, Inc.       December 31, 2017
14    BGT     BlackRock Floating Rate Income Trust                       June 30, 2017
15    BFO     BlackRock Florida Municipal 2020 Term Trust                June 30, 2017
16    BOE     BlackRock Global Opportunities Equity Trust                June 30, 2017
17    BME     BlackRock Health Sciences Trust                            June 30, 2018
18    BKT     BlackRock Income Trust, Inc.                               June 30, 2017
19    BGY     BlackRock International Growth and Income Trust            June 30, 2017
20    BKN     BlackRock Investment Quality Municipal Trust, Inc.         June 30, 2017
</TABLE>

                                     - 4 -

<PAGE>

<TABLE>
<CAPTION>
                                                                            EXPIRATION
     TICKER                             FUND                                   DATE
     ------   --------------------------------------------------------   -----------------
<S>  <C>      <C>                                                        <C>
21    BLW     BlackRock Limited Duration Income Trust                    June 30, 2017
22    BTA     BlackRock Long-Term Municipal Advantage Trust              June 30, 2017
23    BZM     BlackRock Maryland Municipal Bond Trust                    June 30, 2017
24    MHE     BlackRock Massachusetts Tax-Exempt Trust                   June 30, 2017
25    BIT     BlackRock Multi-Sector Income Trust                        June 30, 2017
26    MUI     BlackRock Muni Intermediate Duration Fund, Inc.            June 30, 2017
27    MNE     BlackRock Muni New York Intermediate Duration Fund, Inc.   June 30, 2017
28    MUA     BlackRock MuniAssets Fund, Inc.                            June 30, 2017
29    BPK     BlackRock Municipal 2018 Term Trust                        June 30, 2017
30    BKK     BlackRock Municipal 2020 Term Trust                        June 30, 2017
31    BBK     BlackRock Municipal Bond Trust                             June 30, 2017
32    BAF     BlackRock Municipal Income Investment Quality Trust        June 30, 2017
33    BBF     BlackRock Municipal Income Investment Trust                June 30, 2017
34    BYM     BlackRock Municipal Income Quality Trust                   June 30, 2017
35    BFK     BlackRock Municipal Income Trust                           June 30, 2017
36    BLE     BlackRock Municipal Income Trust II                        June 30, 2017
37    BTT     BlackRock Municipal 2030 Target Term Trust                 June 30, 2017
38    MEN     BlackRock MuniEnhanced Fund, Inc.                          June 30, 2017
39    MUC     BlackRock MuniHoldings California Quality Fund, Inc.       June 30, 2017
40    MUH     BlackRock MuniHoldings Fund II, Inc.                       June 30, 2017
41    MHD     BlackRock MuniHoldings Fund, Inc.                          June 30, 2017
42    MFL     BlackRock MuniHoldings Investment Quality Fund             June 30, 2017
43    MUJ     BlackRock MuniHoldings New Jersey Quality Fund, Inc.       June 30, 2017
</TABLE>

                                     - 5 -

<PAGE>

<TABLE>
<CAPTION>
                                                                            EXPIRATION
     TICKER                             FUND                                   DATE
     ------   --------------------------------------------------------   -----------------
<S>  <C>      <C>                                                        <C>
44    MHN     BlackRock MuniHoldings New York Quality Fund, Inc.         June 30, 2017
45    MUE     BlackRock MuniHoldings Quality Fund II, Inc.               June 30, 2017
46    MUS     BlackRock MuniHoldings Quality Fund, Inc.                  June 30, 2017
47    MVT     BlackRock MuniVest Fund II, Inc.                           June 30, 2017
48    MVF     BlackRock MuniVest Fund, Inc.                              June 30, 2017
49    MZA     BlackRock MuniYield Arizona Fund, Inc.                     June 30, 2017
50    MYC     BlackRock MuniYield California Fund, Inc.                  June 30, 2017
51    MCA     BlackRock MuniYield California Quality Fund, Inc.          June 30, 2017
52    MYD     BlackRock MuniYield Fund, Inc.                             June 30, 2017
53    MYF     BlackRock MuniYield Investment Fund                        June 30, 2017
54    MFT     BlackRock MuniYield Investment Quality Fund                June 30, 2017
55    MIY     BlackRock MuniYield Michigan Quality Fund, Inc.            June 30, 2017
56    MYJ     BlackRock MuniYield New Jersey Fund, Inc.                  June 30, 2017
57    MYN     BlackRock MuniYield New York Quality Fund, Inc.            June 30, 2017
58    MPA     BlackRock MuniYield Pennsylvania Quality Fund              June 30, 2017
59    MQT     BlackRock MuniYield Quality Fund II, Inc.                  June 30, 2017
60    MYI     BlackRock MuniYield Quality Fund III, Inc.                 June 30, 2017
61    MQY     BlackRock MuniYield Quality Fund, Inc.                     June 30, 2017
62    BLJ     BlackRock New Jersey Municipal Bond Trust                  June 30, 2017
63    BNJ     BlackRock New Jersey Municipal Income Trust                June 30, 2017
64    BLH     BlackRock New York Municipal 2018 Term Trust               June 30, 2017
65    BQH     BlackRock New York Municipal Bond Trust                    June 30, 2017
66    BSE     BlackRock New York Municipal Income Quality Trust          June 30, 2017
</TABLE>

                                     - 6 -

<PAGE>

<TABLE>
<CAPTION>
                                                                            EXPIRATION
     TICKER                             FUND                                   DATE
     ------   --------------------------------------------------------   -----------------
<S>  <C>      <C>                                                        <C>
67    BNY     BlackRock New York Municipal Income Trust                  June 30, 2017
68    BFY     BlackRock New York Municipal Income Trust II               June 30, 2017
69     --     BlackRock Preferred Partners LLC                           July 31, 2017
70    BCX     BlackRock Resources & Commodities Strategy Trust           June 30, 2017
71    BST     BlackRock Science and Technology Trust                     June 30, 2017
72    BUI     BlackRock Utility and Infrastructure Trust                 June 30, 2017
73    BHV     BlackRock Virginia Municipal Bond Trust                    June 30, 2017
74    BSD     The BlackRock Strategic Municipal Trust                    June 30, 2017
75    BGIO    BlackRock 2022 Global Income Opportunity Trust/1/          June 30, 2018
</TABLE>

----------
/1/ This Agreement was effective with respect to BlackRock 2022 Global Income
Opportunity Trust as of February 16, 2017.

                                     - 7 -

<PAGE>

                                   SCHEDULE B

              CLOSED-END FUND MASTER ADVISORY FEE WAIVER AGREEMENT

                         (DATED AS OF DECEMBER 2, 2016)

          BlackRock Advisors, LLC will waive the management fee with respect to
any portion of the Fund's assets estimated to be attributable to investments in
other equity and fixed-income mutual funds and exchange-traded funds managed by
BlackRock Advisors, LLC or its affiliates.

                                     - 8 -
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
