<SEC-DOCUMENT>0000844779-18-000196.txt : 20180627
<SEC-HEADER>0000844779-18-000196.hdr.sgml : 20180627
<ACCEPTANCE-DATETIME>20180627122023
ACCESSION NUMBER:		0000844779-18-000196
CONFORMED SUBMISSION TYPE:	NSAR-B
PUBLIC DOCUMENT COUNT:		14
CONFORMED PERIOD OF REPORT:	20180430
FILED AS OF DATE:		20180627
DATE AS OF CHANGE:		20180627
EFFECTIVENESS DATE:		20180627

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			BlackRock Long-Term Municipal Advantage Trust
		CENTRAL INDEX KEY:			0001343793
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		NSAR-B
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	811-21835
		FILM NUMBER:		18921023

	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 Municipal Advantage Income Trust
		DATE OF NAME CHANGE:	20051108
</SEC-HEADER>
<DOCUMENT>
<TYPE>NSAR-B
<SEQUENCE>1
<FILENAME>answer.fil
<TEXT>
<PAGE>      PAGE  1
000 B000000 04/30/2018
000 C000000 0001343793
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 6.1
000 J000000 A
001 A000000 BLK LONG-TERM MUNICIPAL ADVANTAGE TRUST
001 B000000 811-21835
001 C000000 8004417762
002 A000000 100 BELLEVUE PARKWAY
002 B000000 WILMINGTON
002 C000000 DE
002 D010000 19809
003  000000 N
004  000000 N
005  000000 N
006  000000 N
007 A000000 N
007 B000000  0
007 C010100  1
008 A000001 BLACKROCK ADVISORS, LLC
008 B000001 A
008 C000001 801-47710
008 D010001 WILMINGTON
008 D020001 DE
008 D030001 19809
012 A000001 COMPUTERSHARE TRUST COMPANY, N.A.
012 B000001 85-11340
012 C010001 CANTON
012 C020001 MA
012 C030001 02021
012 A000002 BANK OF NEW YORK MELLON (PREFERRED)
012 B000002 85-05006
012 C010002 NEW YORK
012 C020002 NY
012 C030002 10286
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
014 A000007 TROUT CAPITAL LLC
014 B000007 8-866474
015 A000001 STATE STREET BANK &  TRUST COMPANY
015 B000001 C
015 C010001 BOSTON
015 C020001 MA
015 C030001 02111
015 E010001 X
018  000000 Y
019 A000000 Y
019 B000000  271
019 C000000 BLKRKADVSR
020 A000001 BANK OF AMERICA CORP
020 B000001 56-0906609
020 C000001      3
021  000000        3
022 A000001 BLACKROCK LIQUIDITY CASH FUNDS, MUNICASH
022 B000001 52-0983343
022 C000001     50971
022 D000001     50183
022 A000002 BANK OF AMERICA CORP
022 B000002 56-0906609
022 C000002     30674
022 D000002     11770
022 A000003 PERSHING LLC
022 B000003 13-2741729
022 C000003     15258
022 D000003     22952
022 A000004 CITIGROUP GLOBAL MARKETS INC
022 B000004 11-2418191
022 C000004     13931
022 D000004     21289
022 A000005 GOLDMAN SACHS & CO
022 B000005 13-5108880
022 C000005      9807
022 D000005     12000
022 A000006 RBC CAPITAL MARKETS CORP
022 B000006 13-5033225
022 C000006     11316
022 D000006      2973
022 A000007 MORGAN STANLEY & CO INC
022 B000007 13-2655998
022 C000007      5061
022 D000007      8261
022 A000008 WELLS FARGO BANK NA
022 B000008 94-1347393
022 C000008      5712
<PAGE>      PAGE  3
022 D000008      6740
022 A000009 RAYMOND JAMES FINANCIAL INC
022 B000009 59-1517485
022 C000009      6370
022 D000009      4931
022 A000010 J.P. MORGAN SECURITIES LLC
022 B000010 13-3299429
022 C000010      8455
022 D000010      2260
023 C000000     178909
023 D000000     168028
024  000000 N
026 A000000 N
026 B000000 N
026 C000000 N
026 D000000 Y
026 E000000 N
026 F000000 N
026 G010000 N
026 G020000 N
026 H000000 N
027  000000 N
028 A010000         0
028 A020000         0
028 A030000         0
028 A040000         0
028 B010000         0
028 B020000         0
028 B030000         0
028 B040000         0
028 C010000         0
028 C020000         0
028 C030000         0
028 C040000         0
028 D010000         0
028 D020000         0
028 D030000         0
028 D040000         0
028 E010000         0
028 E020000         0
028 E030000         0
028 E040000         0
028 F010000         0
028 F020000         0
028 F030000         0
028 F040000         0
028 G010000         0
028 G020000         0
028 G030000         0
028 G040000         0
028 H000000         0
<PAGE>      PAGE  4
030 A000000      0
030 B000000  0.00
030 C000000  0.00
031 A000000      0
031 B000000      0
032  000000      0
033  000000      0
035  000000      0
036 B000000      0
038  000000      0
042 A000000   0
042 B000000   0
042 C000000   0
042 D000000   0
042 E000000   0
042 F000000   0
042 G000000   0
042 H000000   0
043  000000      0
044  000000      0
045  000000 Y
046  000000 N
047  000000 Y
048  000000  1.000
048 A010000        0
048 A020000 0.000
048 B010000        0
048 B020000 0.000
048 C010000        0
048 C020000 0.000
048 D010000        0
048 D020000 0.000
048 E010000        0
048 E020000 0.000
048 F010000        0
048 F020000 0.000
048 G010000        0
048 G020000 0.000
048 H010000        0
048 H020000 0.000
048 I010000        0
048 I020000 0.000
048 J010000        0
048 J020000 0.000
048 K010000        0
048 K020000 0.000
049  000000 N
050  000000 N
051  000000 N
052  000000 N
053 A000000 Y
<PAGE>      PAGE  5
053 B000000 Y
053 C000000 N
054 A000000 Y
054 B000000 Y
054 C000000 N
054 D000000 N
054 E000000 N
054 F000000 N
054 G000000 N
054 H000000 Y
054 I000000 N
054 J000000 Y
054 K000000 N
054 L000000 N
054 M000000 Y
054 N000000 N
055 A000000 Y
055 B000000 N
056  000000 Y
057  000000 N
058 A000000 N
059  000000 Y
060 A000000 N
060 B000000 N
061  000000        0
062 A000000 Y
062 B000000   0.0
062 C000000   0.0
062 D000000   0.0
062 E000000   0.0
062 F000000   0.0
062 G000000   0.0
062 H000000   0.0
062 I000000   0.0
062 J000000   0.0
062 K000000   0.0
062 L000000   1.4
062 M000000   0.0
062 N000000   0.0
062 O000000 167.9
062 P000000   0.0
062 Q000000   0.0
062 R000000   0.0
063 A000000   0
063 B000000 22.8
064 A000000 Y
064 B000000 Y
065  000000 N
066 A000000 N
067  000000 N
068 A000000 N
<PAGE>      PAGE  6
068 B000000 N
069  000000 N
070 A010000 Y
070 A020000 N
070 B010000 N
070 B020000 N
070 C010000 Y
070 C020000 N
070 D010000 N
070 D020000 N
070 E010000 Y
070 E020000 Y
070 F010000 N
070 F020000 N
070 G010000 Y
070 G020000 N
070 H010000 N
070 H020000 N
070 I010000 N
070 I020000 N
070 J010000 Y
070 J020000 N
070 K010000 Y
070 K020000 Y
070 L010000 N
070 L020000 N
070 M010000 N
070 M020000 N
070 N010000 Y
070 N020000 N
070 O010000 Y
070 O020000 N
070 P010000 Y
070 P020000 N
070 Q010000 N
070 Q020000 N
070 R010000 Y
070 R020000 N
071 A000000    127938
071 B000000    121073
071 C000000    276018
071 D000000   44
072 A000000 12
072 B000000    12635
072 C000000       10
072 D000000        0
072 E000000        0
072 F000000     1677
072 G000000       20
072 H000000        0
072 I000000       21
<PAGE>      PAGE  7
072 J000000       15
072 K000000        0
072 L000000       10
072 M000000       18
072 N000000        9
072 O000000        0
072 P000000     2000
072 Q000000        0
072 R000000       44
072 S000000       19
072 T000000        0
072 U000000        0
072 V000000        0
072 W000000       72
072 X000000     3905
072 Y000000        1
072 Z000000     8741
072AA000000     2033
072BB000000        0
072CC010000        0
072CC020000     1944
072DD010000     8789
072DD020000        0
072EE000000        0
073 A010000   0.6548
073 A020000   0.0000
073 B000000   0.0000
073 C000000   0.0000
074 A000000      103
074 B000000        0
074 C000000        0
074 D000000   276691
074 E000000        0
074 F000000        0
074 G000000        0
074 H000000        0
074 I000000     2374
074 J000000      927
074 K000000        2
074 L000000     3793
074 M000000       20
074 N000000   283910
074 O000000     6375
074 P000000      136
074 Q000000        0
074 R010000        0
074 R020000        0
074 R030000        0
074 R040000    37030
074 S000000    75582
074 T000000   164787
<PAGE>      PAGE  8
074 U010000    13422
074 U020000        0
074 V010000    12.28
074 V020000     0.00
074 W000000   0.0000
074 X000000     3870
074 Y000000    87832
075 A000000        0
075 B000000   243335
076  000000    11.20
077 A000000 Y
077 B000000 Y
077 O000000 Y
077 Q010000 Y
078  000000 N
080 A000000 Federal Insurance Company
080 B000000 St. Paul Fire & Marine Insurance Company
080 C000000    60650
081 A000000 Y
081 B000000  75
082 A000000 N
082 B000000        0
083 A000000 N
083 B000000        0
084 A000000 N
084 B000000        0
085 A000000 Y
085 B000000 N
086 A010000      0
086 A020000      0
086 B010000      0
086 B020000      0
086 C010000      0
086 C020000      0
086 D010000      0
086 D020000      0
086 E010000      0
086 E020000      0
086 F010000      0
086 F020000      0
087 A010000 COMMON STOCK
087 A020000 09250B103
087 A030000 BTA
087 B010000 PREFERRED STOCK
088 A000000 N
088 B000000 N
088 C000000 N
088 D000000 Y
SIGNATURE   NEAL J. ANDREWS
TITLE       CFO

</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.77B ACCT LTTR
<SEQUENCE>2
<FILENAME>77B_Muni5.txt
<TEXT>
<PAGE>

REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

TO THE SHAREHOLDERS AND BOARD OF TRUSTEES OF BLACKROCK INVESTMENT QUALITY
MUNICIPAL TRUST, INC., BLACKROCK LONG-TERM MUNICIPAL ADVANTAGE TRUST, BLACKROCK
MUNICIPAL 2020 TERM TRUST, BLACKROCK MUNICIPAL INCOME TRUST, AND BLACKROCK
STRATEGIC MUNICIPAL TRUST:

In planning and performing our audits of the financial statements of BlackRock
Investment Quality Municipal Trust, Inc., BlackRock Long-Term Municipal
Advantage Trust, BlackRock Municipal 2020 Term Trust, BlackRock Municipal
Income Trust, and BlackRock Strategic Municipal Trust (the "Funds"), as of and
for the year ended April 30, 2018, in accordance with the standards of the
Public Company Accounting Oversight Board (United States) (PCAOB), we
considered the Funds' internal control over financial reporting, including
controls over safeguarding securities, as a basis for designing our auditing
procedures for the purpose of expressing our opinion on the financial
statements and to comply with the requirements of Form N-SAR, but not for the
purpose of expressing an opinion on the effectiveness of the Funds' internal
control over financial reporting. Accordingly, we express no such opinion.

The management of the Funds is responsible for establishing and maintaining
effective internal control over financial reporting. In fulfilling this
responsibility, estimates and judgments by management are required to assess
the expected benefits and related costs of controls. A company's internal
control over financial reporting is a process designed to provide reasonable
assurance regarding the reliability of financial reporting and the preparation
of financial statements for external purposes in accordance with generally
accepted accounting principles. A company's internal control over financial
reporting includes those policies and procedures that (1) pertain to the
maintenance of records that, in reasonable detail, accurately and fairly
reflect the transactions and dispositions of the assets of the company;
(2) provide reasonable assurance that transactions are recorded as necessary to
permit preparation of financial statements in accordance with generally
accepted accounting principles, and that receipts and expenditures of the
company are being made only in accordance with authorizations of management and
directors of the company; and (3) provide reasonable assurance regarding
prevention or timely detection of unauthorized acquisition, use, or disposition
of a company's assets that could have a material effect on the financial
statements.

Because of its inherent limitations, internal control over financial reporting
may not prevent or detect misstatements. Also, projections of any evaluation of
effectiveness to future periods are subject to the risk that controls may
become inadequate because of changes in conditions or that the degree of
compliance with the policies or procedures may deteriorate.

A deficiency in internal control over financial reporting exists when the
design or operation of a control does not allow management or employees, in the
normal course of performing their assigned functions, to prevent or detect
misstatements on a timely basis. A material weakness is a deficiency, or a
combination of deficiencies, in internal control over financial reporting, such
that there is a reasonable possibility that a material misstatement of the
company's annual or interim financial statements will not be prevented or
detected on a timely basis.

Our consideration of the Funds' internal control over financial reporting was
for the limited purpose described in the first paragraph and would not
necessarily disclose all deficiencies in internal control that might be
material weaknesses under standards established by the PCAOB. However, we noted
no deficiencies in the Funds' internal control over financial reporting and
their operation, including controls for safeguarding securities, that we
consider to be a material weakness, as defined above, as of April 30, 2018.

This report is intended solely for the information and use of management and
the Board of Trustees of the Funds and the Securities and Exchange Commission
and is not intended to be and should not be used by anyone other than these
specified parties.

/s/ Deloitte & Touche LLP
Boston, Massachusetts
June 20, 2018
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.77Q1 OTHR EXHB
<SEQUENCE>3
<FILENAME>BTA_77Q1e.txt
<TEXT>
<PAGE>


                 BlackRock Long-Term Municipal Advantage Trust

                              File No. 811-21835

      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
Long-Term Municipal Advantage 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

                                     - 1 -

<PAGE>


specifically approved by the Adviser and the Fund (including with respect to
the Fund, a 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 JUNE 7, 2018)

<TABLE>
<CAPTION>
                                                                     EXPIRATION
    TICKER                          FUND                                DATE
    ------  ----------------------------------------------------- ------------------
<C> <C>     <S>                                                   <C>
1.   BBN    BlackRock Taxable Municipal Bond Trust                June 30, 2019
2.   BJZ    BlackRock California Municipal 2018 Term Trust        June 30, 2019
3.   BFZ    BlackRock California Municipal Income Trust           June 30, 2019
4.   BHK    BlackRock Core Bond Trust                             June 30, 2019
5.   HYT    BlackRock Corporate High Yield Fund, Inc.             June 30, 2019
6.   BTZ    BlackRock Credit Allocation Income Trust              June 30, 2019
7.   DSU    BlackRock Debt Strategies Fund, Inc.                  June 30, 2019
8.   BGR    BlackRock Energy and Resources Trust                  June 30, 2019
9.   CII    BlackRock Enhanced Capital and Income Fund, Inc.      June 30, 2019
10.  BDJ    BlackRock Enhanced Equity Dividend Trust              June 30, 2019
11.  EGF    BlackRock Enhanced Government Fund, Inc.              June 30, 2019
12.  FRA    BlackRock Floating Rate Income Strategies Fund, Inc.  December 31, 2018
13.  BGT    BlackRock Floating Rate Income Trust                  June 30, 2019
14.  BFO    BlackRock Florida Municipal 2020 Term Trust           June 30, 2019
15.  BOE    BlackRock Enhanced Global Dividend Trust              June 30, 2019
16.  BME    BlackRock Health Sciences Trust                       June 30, 2019
17.  BKT    BlackRock Income Trust, Inc.                          June 30, 2019
18.  BGY    BlackRock Enhanced International Dividend Trust       June 30, 2019
</TABLE>

                                     - 4 -

<PAGE>


<TABLE>
<CAPTION>
                                                                       EXPIRATION
    TICKER                            FUND                                DATE
    ------  --------------------------------------------------------- --------------
<C> <C>     <S>                                                       <C>
19.  BKN    BlackRock Investment Quality Municipal Trust, Inc.        June 30, 2019
20.  BLW    BlackRock Limited Duration Income Trust                   June 30, 2019
21.  BTA    BlackRock Long-Term Municipal Advantage Trust             June 30, 2019
22.  BZM    BlackRock Maryland Municipal Bond Trust                   June 30, 2019
23.  MHE    BlackRock Massachusetts Tax-Exempt Trust                  June 30, 2019
24.  BIT    BlackRock Multi-Sector Income Trust                       June 30, 2019
25.  MUI    BlackRock Muni Intermediate Duration Fund, Inc.           June 30, 2019
26.  MNE    BlackRock Muni New York Intermediate Duration Fund, Inc.  June 30, 2019
27.  MUA    BlackRock MuniAssets Fund, Inc.                           June 30, 2019
28.  BPK    BlackRock Municipal 2018 Term Trust                       June 30, 2019
29.  BKK    BlackRock Municipal 2020 Term Trust                       June 30, 2019
30.  BBK    BlackRock Municipal Bond Trust                            June 30, 2019
31.  BAF    BlackRock Municipal Income Investment Quality Trust       June 30, 2019
32.  BBF    BlackRock Municipal Income Investment Trust               June 30, 2019
33.  BYM    BlackRock Municipal Income Quality Trust                  June 30, 2019
34.  BFK    BlackRock Municipal Income Trust                          June 30, 2019
35.  BLE    BlackRock Municipal Income Trust II                       June 30, 2019
36.  BTT    BlackRock Municipal 2030 Target Term Trust                June 30, 2019
37.  MEN    BlackRock MuniEnhanced Fund, Inc.                         June 30, 2019
38.  MUC    BlackRock MuniHoldings California Quality Fund, Inc.      June 30, 2019
39.  MUH    BlackRock MuniHoldings Fund II, Inc.                      June 30, 2019
</TABLE>

                                     - 5 -

<PAGE>


<TABLE>
<CAPTION>
                                                                   EXPIRATION
    TICKER                          FUND                              DATE
    ------  ----------------------------------------------------- --------------
<C> <C>     <S>                                                   <C>
40.  MHD    BlackRock MuniHoldings Fund, Inc.                     June 30, 2019
41.  MFL    BlackRock MuniHoldings Investment Quality Fund        June 30, 2019
42.  MUJ    BlackRock MuniHoldings New Jersey Quality Fund, Inc.  June 30, 2019
43.  MHN    BlackRock MuniHoldings New York Quality Fund, Inc.    June 30, 2019
44.  MUE    BlackRock MuniHoldings Quality Fund II, Inc.          June 30, 2019
45.  MUS    BlackRock MuniHoldings Quality Fund, Inc.             June 30, 2019
46.  MVT    BlackRock MuniVest Fund II, Inc.                      June 30, 2019
47.  MVF    BlackRock MuniVest Fund, Inc.                         June 30, 2019
48.  MZA    BlackRock MuniYield Arizona Fund, Inc.                June 30, 2019
49.  MYC    BlackRock MuniYield California Fund, Inc.             June 30, 2019
50.  MCA    BlackRock MuniYield California Quality Fund, Inc.     June 30, 2019
51.  MYD    BlackRock MuniYield Fund, Inc.                        June 30, 2019
52.  MYF    BlackRock MuniYield Investment Fund                   June 30, 2019
53.  MFT    BlackRock MuniYield Investment Quality Fund           June 30, 2019
54.  MIY    BlackRock MuniYield Michigan Quality Fund, Inc.       June 30, 2019
55.  MYJ    BlackRock MuniYield New Jersey Fund, Inc.             June 30, 2019
56.  MYN    BlackRock MuniYield New York Quality Fund, Inc.       June 30, 2019
57.  MPA    BlackRock MuniYield Pennsylvania Quality Fund         June 30, 2019
58.  MQT    BlackRock MuniYield Quality Fund II, Inc.             June 30, 2019
59.  MYI    BlackRock MuniYield Quality Fund III, Inc.            June 30, 2019
60.  MQY    BlackRock MuniYield Quality Fund, Inc.                June 30, 2019
61.  BLJ    BlackRock New Jersey Municipal Bond Trust             June 30, 2019
</TABLE>

                                     - 6 -

<PAGE>


<TABLE>
<CAPTION>
                                                                              EXPIRATION
    TICKER                               FUND                                    DATE
    ------  ---------------------------------------------------------------- --------------
<C> <C>     <S>                                                              <C>
62. BNJ     BlackRock New Jersey Municipal Income Trust                      June 30, 2019
63. BLH     BlackRock New York Municipal 2018 Term Trust                     June 30, 2019
64. BQH     BlackRock New York Municipal Bond Trust                          June 30, 2019
65. BSE     BlackRock New York Municipal Income Quality Trust                June 30, 2019
66. BNY     BlackRock New York Municipal Income Trust                        June 30, 2019
67. BFY     BlackRock New York Municipal Income Trust II                     June 30, 2019
68.  --     BlackRock Preferred Partners LLC                                 July 31, 2018
69. BCX     BlackRock Resources & Commodities Strategy Trust                 June 30, 2019
70. BST     BlackRock Science and Technology Trust                           June 30, 2019
71. BUI     BlackRock Utilities, Infrastructure & Power Opportunities Trust  June 30, 2019
72. BHV     BlackRock Virginia Municipal Bond Trust                          June 30, 2019
73. BSD     The BlackRock Strategic Municipal Trust                          June 30, 2019
74. BGIO    BlackRock 2022 Global Income Opportunity Trust/1/                June 30, 2019
75.  --     BlackRock Multi-Sector Opportunities Trust/2/                    June 30, 2019
</TABLE>

--------
/1/  This Agreement was effective with respect to BlackRock 2022 Global Income
     Opportunity Trust as of February 16, 2017.
/2/  This Agreement was effective with respect to BlackRock Multi-Sector
     Opportunities Trust as of February 22, 2018.

                                     - 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>
<DOCUMENT>
<TYPE>EX-99.77O RULE 10F-3
<SEQUENCE>4
<FILENAME>77o30.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):
    BlackRock Strategic Municipal Opportunities Fund of BlackRock Series Trust
    (BR-SMO-IG)
    BlackRock Allocation Target Shares : Series E Portfolio (BATSE)
    BlackRock High Yield Municipal Fund (BR-HYMUNI)
    BlackRock Long-Term Municipal Advantage Trust (BTA)
    BlackRock MuniAssets Fund, Inc. (MUA)

THE OFFERING

KEY CHARACTERISTICS (COMPLETE ALL FIELDS)

Date of                    05-10-2017
Offering Commencement:

Security Type:             BND/MUNI

Issuer                     COUNTY OF CUYAHOGA, OHIO HOSPITAL REVENUE BONDS,
                           SERIES 2017

Selling Underwriter        Merrill Lynch, Pierce, Fenner & Smith Incorporated

Affiliated Underwriter(s)  [X] PNC Capital Markets LLC
                           [_] Other:

List of Underwriter(s)     Merrill Lynch, Pierce, Fenner & Smith Incorporated,
                           J.P. Morgan Securities LLC, Fifth Third Securities,
                           Inc., KeyBanc Capital Markets Inc, PNC Capital
                           Markets LLC

TRANSACTION DETAILS

Date of Purchase           05-10-2017

Purchase Price/Share       $ 103.975 Total Commission, Spread or Profit  0.526%
(PER SHARE / % OF PAR)     $ 103.021
                           $ 104.404
                           $ 100.374
                           $ 105.379
                           $ 104.588
                           $  99.478

 1.  Aggregate Principal Amount Purchased (a+b)                     $76,450,000

     a.  US Registered Funds
         (Appendix attached with individual Fund/Client purchase)   $76,450,000

     b.  Other BlackRock Clients                                            N/A

                                                                    Page 1 of 2

<PAGE>

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



2.  Aggregate Principal Amount of Offering                         $945,660,000

FUND RATIO
[Divide Sum of #1 by #2]
Must be less than 0.25                                                  0.08084

<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 Offering... [Issuer must have 3 years of continuous
                                       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 Offering.... [Issuer must have 3 years of continuous
                                       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, or
[_] NO   benefited directly or indirectly from, the transaction.

Completed by:             Dipankar Banerjee                 Date:   05-22-2017
                          --------------------------------         ------------
                          Global Syndicate Team Member

Approved by:              Steven DeLaura                    Date:   05-22-2017
                          --------------------------------         ------------
                          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-99.77O RULE 10F-3
<SEQUENCE>5
<FILENAME>77o32.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 SHORT-TERM NATIONAL MUNI BOND ETF (NAT0-5)
    ISHARES NEW YORK MUNI BOND ETF (ISHNY)
    BlackRock Muni New York Intermediate Duration Fund, Inc. (MNE)
    BlackRock Muni Intermediate Duration Fund, Inc. (MUI)
    BlackRock Strategic Municipal Opportunities Fund of BlackRock Series Trust
    (BR-SMO-IG)
    BlackRock Allocation Target Shares : Series E Portfolio (BATSE)
    BlackRock Municipal Income Investment Quality Trust (BAF)
    BlackRock Municipal Income Investment Trust (BBF)
    BlackRock Municipal Income Trust (BFK)
    BlackRock Municipal Income Trust II (BLE)
    BlackRock Strategic Municipal Trust (BSD)
    BlackRock Long-Term Municipal Advantage Trust (BTA)
    BlackRock Municipal Income Quality Trust (BYM)
    BlackRock MuniEnhanced Fund, Inc. (MEN)
    BlackRock MuniYield Investment Quality Fund (MFT)
    BlackRock MuniHoldings Fund, Inc. (MHD)
    BlackRock MuniYield Quality Fund II, Inc. (MQT)
    BlackRock MuniYield Quality Fund, Inc. (MQY)
    BlackRock MuniHoldings Fund II, Inc. (MUH)
    BlackRock MuniVest Fund II, Inc. (MVT)
    BlackRock MuniYield Fund, Inc. (MYD)
    BlackRock MuniYield Investment Fund (MYF)
    BlackRock MuniYield Quality Fund III, Inc. (MYI)
    BlackRock New York Municipal Opportunities Fund of BlackRock Multi-State Mu
    (BR-NYMO)
    BlackRock New York Municipal Income Trust II (BFY)
    BlackRock New York Municipal Income Trust (BNY)
    BlackRock New York Municipal Bond Trust (BQH)
    BlackRock New York Municipal Income Quality Trust (BSE)
    BlackRock MuniHoldings New York Quality Fund, Inc. (MHN)
    BlackRock MuniYield New York Quality Fund, Inc. (MYN)

THE OFFERING

KEY CHARACTERISTICS (COMPLETE ALL FIELDS)

Date of                 05-24-2017
Offering Commencement:

Security Type:          BND/MUNI

Issuer                  Hudson Yards Infrastructure Corporation econd
                        Indenture Revenue Bonds 2017 Series A

Selling Underwriter     Goldman Sachs & Co.

                                                                    Page 1 of 2

<PAGE>

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


Affiliated Underwriter(s)  [X] PNC Capital Markets LLC
                           [_] Other:

List of Underwriter(s)     Goldman Sachs & Co., Samuel A. Ramirez & Company,
                           Inc., J.P. Morgan Securities LLC, ,Loop Capital
                           Markets LLC, ,Merrill Lynch, Pierce, Fenner & Smith
                           Incorporated, Citigroup Global Markets Inc.,
                           Barclays Capital Inc., Citigroup Global Markets
                           Inc., Jefferies LLC, RBC Capital Markets, Raymond
                           James & Associates, Inc., Siebert Cisneros Shank &
                           Co., L.L.C., Wells Fargo Securities, LLC, Academy
                           Securities, Inc., Blaylock Beal Van, LLC, BNY
                           Mellon Capital Markets, LLC, , Cabrera Capital
                           Markets, LLC, Drexel Hamilton, LLC, Fidelity
                           Capital Markets, FTN Financial Capital Markets,
                           Hilltop Securities Inc., Janney Montgomery Scott
                           LL, Mesirow Financial Inc, Mischler Financial
                           Group, Morgan Stanley & Co. LLC, Oppenheimer & Co,
                           PNC Capital Markets LLC, Roosevelt & Cross, Inc,
                           Rice Financial Products Company, Stern Brothers &
                           Co., Stifel Nicolaus & Company, Inc, TD Securities
                           (USA) LLC, U.S. Bancorp Investments, Inc, The
                           Williams Capital Group, LP

TRANSACTION DETAILS

Date of Purchase           05-24-2017

Purchase Price/Share       $116.943 Total Commission, Spread or Profit   0.461%
(PER SHARE / % OF PAR)     $119.318
                           $123.504
                           $122.006
                           $122
                           $119.712
                           $118.49
                           $117.468
                           $116.915
                           $116.092
                           $115.819
                           $104.668
                           $115.547

1.  Aggregate Principal Amount Purchased (a+b)                   $  118,335,000

    a.  US Registered Funds
        (Appendix attached with individual Fund/Client purchase) $   68,960,000

    b.  Other BlackRock Clients                                  $   49,375,000

2.  Aggregate Principal Amount of Offering                       $2,108,465,000

FUND RATIO                                                              0.05612
[Divide Sum of #1 by #2]
Must be less than 0.25

<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 Offering... [Issuer must have 3 years of continuous
                                       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 Offering.... [Issuer must have 3 years of continuous
                                       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, or
[_] NO   benefited directly or indirectly from, the transaction.

Completed by:             Dipankar Banerjee                 Date:   05-30-2017
                          --------------------------------         ------------
                          Global Syndicate Team Member

Approved by:              Steven DeLaura                    Date:   05-30-2017
                          --------------------------------         ------------
                          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-99.77O RULE 10F-3
<SEQUENCE>6
<FILENAME>77o33.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 NEW YORK MUNI BOND ETF (ISHNY)
    BlackRock National Municipal Fund of Blackrock Municipal Bond Fund, Inc.
    (BR-NATL)
    BlackRock Municipal Income Investment Quality Trust (BAF)
    BlackRock Allocation Target Shares : Series E Portfolio (BATSE)
    BlackRock Municipal Income Investment Trust (BBF)
    BlackRock Strategic Municipal Trust (BSD)
    BlackRock Long-Term Municipal Advantage Trust (BTA)
    BlackRock MuniYield Investment Quality Fund (MFT)

THE OFFERING

KEY CHARACTERISTICS (COMPLETE ALL FIELDS)

Date of                    05-11-2017
Offering Commencement:

Security Type:             BND/MUNI

Issuer                     Metropolitan Transportation Authority Dedicated Tax
                           Fund Green Bonds, Series 2017B-1

Selling Underwriter        Samuel A. Ramirez & Company, Inc

Affiliated Underwriter(s)  [X] PNC Capital Markets LLC
                           [_] Other:

List of Underwriter(s)     Samuel A. Ramirez & Company, Inc., Academy
                           Securities, Inc., Alamo Capital, The Williams
                           Capital Group, LP, Merrill Lynch, Pierce, Fenner &
                           Smith Incorporated, Citigroup Global Markets Inc,
                           Goldman, Sachs & Co, J.P. Morgan Securities LLC,
                           Siebert Cisneros Shank & Co., Jefferies LLC, Loop
                           Capital Markets LLC, Morgan Stanley & Co., PNC
                           Capital Markets LLC, RBC Capital Markets, LLC,
                           Barclays Capital Inc., Blaylock Beal Van, LLC, BNY
                           Mellon Capital Markets, LLC, Cabrera Capital
                           Markets, LLC, Drexel Hamilton, LLC, Fidelity
                           Capital Markets, FTN Financial Securities Corp.,
                           KeyBanc Capital Markets Inc., Raymond James &
                           Associates, Inc., Rice Financial Products Company,
                           Stern Brothers & Co., Stifel,Nicolaus & Company,
                           Incorporated, TD Securities (USA) LLC
TRANSACTION DETAILS

Date of Purchase         05-11-2017

Purchase Price/Share     $117.497    Total Commission, Spread or Profit  0.467%
(PER SHARE / % OF PAR)   $117.203
                         $101.457
                         $115.544

<PAGE>

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

1.  Aggregate Principal Amount Purchased (a+b)                   $ 30,210,000

    a.  US Registered Funds
        (Appendix attached with individual Fund/Client purchase) $ 20,250,000

    b.  Other BlackRock Clients                                  $  9,960,000

2.  Aggregate Principal Amount of Offering                       $309,225,000

FUND RATIO
[Divide Sum of #1 by #2]
Must be less than 0.25                                                0.09770

<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 Offering... [Issuer must have 3 years of continuous
                                       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 Offering.... [Issuer must have 3 years of continuous
                                       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, or
[_] NO   benefited directly or indirectly from, the transaction.

Completed by:             Dipankar Banerjee                 Date:   05-15-2017
                          --------------------------------         ------------
                          Global Syndicate Team Member

Approved by:              Steven Delaura                    Date:   05-15-2017
                          --------------------------------         ------------
                          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-99.77O RULE 10F-3
<SEQUENCE>7
<FILENAME>77o34.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 NEW YORK MUNI BOND ETF (ISHNY)
    BlackRock Municipal Income Investment Quality Trust (BAF)
    BlackRock Allocation Target Shares : Series E Portfolio (BATSE)
    BlackRock Municipal Income Investment Trust (BBF)
    BlackRock New York Municipal Income Trust II (BFY)
    BlackRock New York Municipal Income Trust (BNY)
    BlackRock New York Municipal Bond Trust (BQH)
    BlackRock National Municipal Fund of BlackRock Municipal Bond Fund, Inc.
    (BR-NATL)
    BlackRock New York Municipal Opportunities Fund of BLK Multi-State Muni
    (BR-NYMO)
    BlackRock Strategic Municipal Trust (BSD)
    BlackRock New York Municipal Income Quality Trust (BSE)
    BlackRock Long-Term Municipal Advantage Trust (BTA)
    BlackRock MuniYield Investment Quality Fund (MFT)
    BlackRock MuniHoldings New York Quality Fund, Inc. (MHN)
    BlackRock Muni New York Intermediate Duration Fund, Inc. (MNE)
    BlackRock MuniYield New York Quality Fund, Inc. (MYN)

THE OFFERING

KEY CHARACTERISTICS (COMPLETE ALL FIELDS)

Date of                    11-22-2017
Offering Commencement:

Security Type:             BND/MUNI

Issuer                     Metropolitan Transportation Authority
                           transportation revenue refunding

Selling Underwriter        Merrill Lynch, Pierce, Fenner & Smith Incorporated

Affiliated Underwriter(s)  [X] PNC Capital Markets LLC
                           [_] Other:

List of Underwriter(s)     Merrill Lynch, Pierce, Fenner & Smith Incorporated,
                           Citigroup Global Markets Inc., Goldman Sachs & Co.
                           LLC, J.P. Morgan Securities LLC, Williams Capital
                           Group L.P., PNC Capital Markets LLC, Drexel
                           Hamilton, LLC, Jefferies LLC, Loop Capital Markets,
                           Morgan Stanley & Co. LLC, RBC Capital Markets,
                           Ramirez & Co., Inc., Siebert Cisneros Shank & Co.
                           L.L.C, Academy Securities, Alamo Capital WMBE,
                           Barclays Capital Inc., Blaylock Van, LLC, BNY
                           Mellon Capital Markets, Cabrera Capital Markets,
                           LLC, Fidelity Capital Markets, FTN Financial
                           Capital Markets, KeyBanc Capital Markets, Raymond
                           James & Associates, Inc., Rice Financial Products
                           Company, Stern Brothers & Co., Stifel, Nicolaus &
                           Company, Inc. ,TD Securities (USA) LLC.

<PAGE>

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


TRANSACTION DETAILS

Date of Purchase         11-22-2017

Purchase Price/Share     $106.127    Total Commission, Spread or Profit   0.445
(PER SHARE / % OF PAR)   $46.041
                         $118.666
                         $105.946
                         $117.399
                         $120.005
                         $122.332
                         $75.083
                         $120.261

1.  Aggregate Principal Amount Purchased (a+b)                $     123,355,000

    a.  US Registered Funds
        (Appendix attached with individual Fund/Client
        purchase)                                             $     114,115,000

    b.  Other BlackRock Clients                                       9,240,000

2.  Aggregate Principal Amount of Offering                    $2,021,461,604.50

FUND RATIO
[Divide Sum of #1 by #2]
Must be less than 0.25                                                  0.06102

<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 Offering... [Issuer must have 3 years of continuous
                                       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 Offering.... [Issuer must have 3 years of continuous
                                       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, or
[_] NO   benefited directly or indirectly from, the transaction.

 Completed by:             Alisha Khan                    Date:     12-08-2017
                           ------------------------------          ------------
                           Global Syndicate Team Member

 Approved by:              Steven DeLaura                 Date:     12-08-2017
                           ------------------------------          ------------
                           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-99.77O RULE 10F-3
<SEQUENCE>8
<FILENAME>77o36.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 NEW YORK MUNI BOND ETF (ISHNY)
    BlackRock Muni New York Intermediate Duration Fund, Inc. (MNE)
    BlackRock Municipal Income Investment Quality Trust (BAF)
    BlackRock Allocation Target Shares : Series E Portfolio (BATSE)
    BlackRock Municipal Income Investment Trust (BBF)
    BlackRock Strategic Municipal Trust (BSD)
    BlackRock Long-Term Municipal Advantage Trust (BTA)
    BlackRock MuniYield Investment Quality Fund (MFT)

THE OFFERING

KEY CHARACTERISTICS (COMPLETE ALL FIELDS)

Date of                    10-19-2017
Offering Commencement:

Security Type:             BND/MUNI

Issuer                     New York City Transitional Finance Authority

Selling Underwriter        Goldman Sachs & Co. LLC

Affiliated Underwriter(s)  [X] PNC Capital Markets LLC
                           [_] Other:

List of Underwriter(s)     Goldman Sachs & Co. LLC, Citigroup Global Markets
                           Inc, Jefferies LLC, J.P. Morgan Securities LLC,
                           ,Loop Capital Markets, Ramirez & Co., Inc., RBC
                           Capital Markets, Roosevelt & Cross, Inc, Siebert
                           Cisneros Shank & Co. LLC, Merrill Lynch, Pierce,
                           Fenner & Smith Incorporated, BNY Mellon Capital
                           Markets, LLC, Drexel Hamilton, LLC, Fidelity
                           Capital Markets, Barclays Capital Inc., Morgan
                           Stanley & Co. LLC, Janney Montgomery Scott LL,
                           Raymond James & Associates, Inc., Oppenheimer & Co,
                           TD Securities (USA) LLC, Stifel, Nicolaus &
                           Company, Inc., U.S. Bancorp Investments Inc.,
                           Academy Securities, Blaylock Van, LLC, Wells Fargo
                           Securities, LLC, PNC Capital Markets LLC, FTN
                           Financial Securities Corp., Hilltop Securities,
                           Rice Financial Products Company, Williams Capital
                           Group L.P, Stern Brothers & Co.

TRANSACTION DETAILS

Date of Purchase           10-19-2017

Purchase Price/Share       $122.02   Total Commission, Spread or Profit  0.465%
(PER SHARE / % OF PAR)     $120.765
                           $107.006
                           $117.648

                                                                    Page 1 of 2

<PAGE>

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

1.  Aggregate Principal Amount Purchased (a+b)                     $ 16,805,000

    a.  US Registered Funds
        (Appendix attached with individual Fund/Client purchase)   $ 15,000,000

    b.  Other BlackRock Clients                                    $  1,805,000

2.  Aggregate Principal Amount of Offering                         $990,000,000

FUND RATIO
[Divide Sum of #1 by #2]
Must be less than 0.25                                                  0.01697

<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 Offering.. [Issuer must have 3 years of continuous
                                      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 Offering... [Issuer must have 3 years of continuous
                                      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, or
[_] NO   benefited directly or indirectly from, the transaction.

Completed by:          Alisha Khan                         Date:   10-31-2017
                       ----------------------------------         ------------
                       Global Syndicate Team Member

Approved by:           Steven DeLaura                      Date:   10-31-2017
                       ----------------------------------         ------------
                       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-99.77O RULE 10F-3
<SEQUENCE>9
<FILENAME>77o38.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 IBONDS DEC 2023 TERM MUNI BOND ETF (IMUN23)
   ISHARES SHORT-TERM NATIONAL MUNI BOND ETF (NAT0-5)
   ISHARES NATIONAL MUNI BOND ETF (ISHMUNI)
   BlackRock New York Municipal Income Trust II (BFY)
   BlackRock New York Municipal Income Trust (BNY)
   BlackRock New York Municipal Bond Trust (BQH)
   BlackRock New York Municipal Opportunities Fund of BlackRock Multi-State Mu
   (BR-NYMO)
   BlackRock New York Municipal Income Quality Trust (BSE)
   BlackRock MuniHoldings New York Quality Fund, Inc. (MHN)
   BlackRock MuniYield New York Quality Fund, Inc. (MYN)
   BlackRock Muni Intermediate Duration Fund, Inc. (MUI)
   BlackRock Municipal Income Investment Quality Trust (BAF)
   BlackRock Allocation Target Shares : Series E Portfolio (BATSE)
   BlackRock Municipal Income Investment Trust (BBF)
   BlackRock Strategic Municipal Trust (BSD)
   BlackRock Long-Term Municipal Advantage Trust (BTA)
   BlackRock MuniYield Investment Quality Fund (MFT)

THE OFFERING

KEY CHARACTERISTICS (COMPLETE ALL FIELDS)

Date of                    07-13-2017
Offering Commencement:

Security Type:             BND/MUNI

Issuer                     New York City Transitional Finance Authority
                           Building Aid Revenue Bonds

Selling Underwriter        Merrill Lynch, Pierce, Fenner & Smith Incorporated

Affiliated Underwriter(s)  [X] PNC Capital Markets LLC
                           [_] Other:

List of Underwriter(s)     Merrill Lynch, Pierce, Fenner & Smith Incorporated,
                           Jefferies LLC, Ramirez & Co.,Inc., Barclays Capital
                           Inc., BNY Mellon Capital Markets, Citigroup Global
                           Markets Inc, Drexel Hamilton, LLC, Fidelity Capital
                           Markets, Goldman Sachs & Co. LLC, J.P. Morgan
                           Securities LLC, Janney Montgomery Scott LLC, Loop
                           Capital Markets LLC, Morgan Stanley & Co. LLC,
                           Oppenheimer & Co., Raymond James & Associates,
                           Inc., RBC Capital Markets, Roosevelt & Cross, Inc.,
                           Siebert Cisneros Shank & Co. ,LLC., Stifel,
                           Nicolaus & Company, Inc., TD Securities (USA) LLC,
                           U.S. Bancorp Investments Inc., Wells Fargo
                           Securities, Academy Securities, Blaylock Van, LLC,
                           FTN Financial Capital Markets, Hilltop Securities
                           Inc, PNC Capital Markets LLC, Rice Financial
                           Products Company, Stern Brothers & Co., Williams
                           Capital Group L.P.

<PAGE>

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


TRANSACTION DETAILS

Date of Purchase                       07-13-2017

Purchase Price/Share   $118.769 Total Commission, Spread or Profit  0.3762834%
(PER SHARE / % OF PAR) $117.147
                       $111.019
                       $120.699
                       $120.792
                       $119.241
                       $105.651

1.  Aggregate Principal Amount Purchased (a+b)                     $64,290,000

    a.  US Registered Funds
        (Appendix attached with individual Fund/Client
        purchase)                                                  $22,350,000

    b.  Other BlackRock Clients                                    $41,940,000

2.  Aggregate Principal Amount of Offering                      $1,007,545,000

FUND RATIO
[Divide Sum of #1 by #2]
Must be less than 0.25                                                 0.06381

<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 Offering... [Issuer must have 3 years of
                                        continuous 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 Offering.... [Issuer must have 3 years of
                                        continuous 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:             Alisha Khan                       Date:   07-18-2017
                          --------------------------------         ------------
                          Global Syndicate Team Member

Approved by:              Steven DeLaura                    Date:   07-18-2017
                          --------------------------------         ------------
                          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-99.77O RULE 10F-3
<SEQUENCE>10
<FILENAME>77o42.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):
    BlackRock Municipal Income Investment Quality Trust (BAF)
    BlackRock Allocation Target Shares : Series E Portfolio (BATSE)
    BlackRock Municipal Income Investment Trust (BBF)
    BlackRock Investment Quality Municipal Trust (BKN)
    BlackRock Strategic Municipal Trust (BSD)
    BlackRock Long-Term Municipal Advantage Trust (BTA)
    BlackRock MuniYield Investment Quality Fund (MFT)
    BlackRock MuniYield Quality Fund III, Inc. (MYI)

THE OFFERING

KEY CHARACTERISTICS (COMPLETE ALL FIELDS)

Date of Offering Commencement:  09-27-2017

Security Type:                  BND/MUNI

Issuer                          Pennsylvania Economic Development Financing
                                Authority-UPMC Revenue Bonds (Series 2017A)

Selling Underwriter             RBC CAPITAL MARKETS, LLC.

Affiliated Underwriter(s)       [X] PNC Capital Markets LLC
                                [_] Other:

List of Underwriter(s)          RBC Capital Markets, Wells Fargo Securities
                                (trade name for Wells Fargo Bank N.A.
                                Municipal Products Group), PNC Capital Markets
                                LLC, BNYMellon Capital Markets, Huntington
                                Investment Company

TRANSACTION DETAILS

Date of Purchase           09-28-2017

Purchase Price/Share
(PER SHARE / % OF PAR)     $102.251 Total Commission, Spread or Profit   0.575%

1.  Aggregate Principal Amount Purchased (a+b)                     $ 32,135,000

    a.  US Registered Funds
        (Appendix attached with individual Fund/Client purchase)   $ 28,000,000

    b.  Other BlackRock Clients                                    $  4,135,000

2.  Aggregate Principal Amount of Offering                         $436,745,000

                                                                    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                                                 0.073578

<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 Offering... [Issuer must have 3 years of continuous
                                       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 Offering.... [Issuer must have 3 years of continuous
                                       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, or
[_] NO   benefited directly or indirectly from, the transaction.

Completed by:             Dillip Behera                     Date:   10-05-2017
                          --------------------------------         ------------
                          Global Syndicate Team Member

Approved by:              Steven DeLaura                    Date:   10-05-2017
                          --------------------------------         ------------
                          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-99.77O RULE 10F-3
<SEQUENCE>11
<FILENAME>77o44.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):
    BlackRock Municipal Income Investment Quality Trust (BAF)
    BlackRock Allocation Target Shares : Series E Portfolio (BATSE)
    BlackRock Municipal Income Investment Trust (BBF)
    BlackRock Municipal Income Trust (BFK)
    BlackRock Investment Quality Municipal Trust (BKN)
    BlackRock Strategic Municipal Trust (BSD)
    BlackRock Long-Term Municipal Advantage Trust (BTA)
    BlackRock MuniEnhanced Fund, Inc. (MEN)
    BlackRock MuniYield Investment Quality Fund (MFT)
    BlackRock MuniYield Quality Fund II, Inc. (MQT)
    BlackRock MuniYield Quality Fund, Inc. (MQY)
    BlackRock MuniHoldings Fund II, Inc. (MUH)
    BlackRock MuniVest Fund II, Inc. (MVT)
    BlackRock MuniYield Fund, Inc. (MYD)
    BlackRock MuniYield Investment Fund (MYF)

THE OFFERING

KEY CHARACTERISTICS (COMPLETE ALL FIELDS)

Date of Offering Commencement:  12-07-2017

Security Type:                  BND/MUNI

Issuer                          Kentucky Economic Development Finance
                                Authority, Louisville Arena Project Refunding
                                Rev Bds, Srs. 2017A, Louisville Arena
                                Authority, Inc, 2017B Taxable

Selling Underwriter             Merrill Lynch, Pierce, Fenner & Smith
                                Incorporated

Affiliated Underwriter(s)       [X] PNC Capital Markets LLC
                                [_] Other:

List of Underwriter(s)          Bank of America Merrill Lynch, Siebert
                                Cisneros Shank & Co., L.L.C., Cabrera Capital
                                Markets, LLC, Citigroup Global Markets Inc,
                                Drexel Hamilton, LLC, Goldman Sachs & Co. LLC,
                                Morgan Stanley & Co. LLC, PNC Capital Markets
                                LLC, Raymond James & Associates, Inc., RBC
                                Capital Markets, Stifel, Nicolaus & Company,
                                Inc., Wells Fargo Securities (trade name for
                                Wells Fargo Bank N.A.

TRANSACTION DETAILS

Date of Purchase           12-07-2017

                                                                    Page 1 of 2

<PAGE>

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


Purchase Price/Share
(PER SHARE / % OF PAR)     $100.651 Total Commission, Spread or Profit   0.521

 1.  Aggregate Principal Amount Purchased (a+b)                    $  1,500,000

     a.  US Registered Funds
         (Appendix attached with individual Fund/Client purchase)  $  1,500,000

     b.  Other BlackRock Clients                                             NA

 2.  Aggregate Principal Amount of Offering                        $202,125,000

 FUND RATIO
 [Divide Sum of #1 by #2]
 Must be less than 0.25                                                 0.00742

<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 Offering... [Issuer must have 3 years of continuous
                                       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 Offering.... [Issuer must have 3 years of continuous
                                       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, or
[_] NO   benefited directly or indirectly from, the transaction.

Completed by:             Alisha Khan                       Date:   12-11-2017
                          --------------------------------         ------------
                          Global Syndicate Team Member

Approved by:              Steven DeLaura                    Date:   12-11-2017
                          --------------------------------         ------------
                          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-99.77O RULE 10F-3
<SEQUENCE>12
<FILENAME>77o49.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):
    BlackRock Muni Intermediate Duration Fund, Inc. (MUI)
    BlackRock Municipal Income Investment Quality Trust (BAF)
    BlackRock Allocation Target Shares : Series E Portfolio (BATSE)
    BlackRock Municipal Income Investment Trust (BBF)
    BlackRock Strategic Municipal Trust (BSD)
    BlackRock Long-Term Municipal Advantage Trust (BTA)
    BlackRock MuniYield Investment Quality Fund (MFT)

THE OFFERING

KEY CHARACTERISTICS (COMPLETE ALL FIELDS)

<TABLE>
<C>                        <S>
Date of                    03-23-2018
Offering Commencement:

Security Type:             BND/MUNI

Issuer                     The School District of Philadelphia

Selling Underwriter        Bank of America Merrill Lynch, Ramirez & Co., Inc.

Affiliated Underwriter(s)  [X] PNC Capital Markets
                           [_]

List of Underwriter(s)     Bank of America Merrill Lynch., PNC Capital Markets LLC., Citigroup Global Markets Inc.,
                           J.P. Morgan Securities LLC., Janney Montgomery Scott LLC., Loop Capital Markets, RBC
                           Capital Markets., Siebert Cisneros Shank & Co., L.L.C.
</TABLE>

TRANSACTION DETAILS

Date of Purchase           03-23-2018

Purchase Price/Share        $112.76 Total Commission, Spread or Profit   0.390%
(PER SHARE / % OF PAR)     $112.298
                           $112.022
                            $99.207

1.  Aggregate Principal Amount Purchased (a+b)                     $15,120,000

    a.  US Registered Funds
        (Appendix attached with individual Fund/Client purchase)   $10,400,000

    b.  Other BlackRock Clients                                    $ 4,720,000

                                                                    Page 1 of 2

<PAGE>

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



2.  Aggregate Principal Amount of Offering                       $254,950,000

FUND RATIO
[Divide Sum of #1 by #2]
Must be less than 0.25                                                 0.0593

LEGAL REQUIREMENTS

OFFERING TYPE (CHECK ONE)

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

[_] U.S. Registered Public Offering... [Issuer must have 3 years of continuous
                                       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 Offering.... [Issuer must have 3 years of continuous
                                       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, or
[_] NO   benefited directly or indirectly from, the transaction.

Completed by:             Alisha Khan                       Date:   03-27-2018
                          --------------------------------         ------------
                          Global Syndicate Team Member

Approved by:              Steven DeLaura                    Date:   03-27-2018
                          --------------------------------         ------------
                          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-99.77O RULE 10F-3
<SEQUENCE>13
<FILENAME>77o50.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 SHORT MATURITY MUNICIPAL BOND ETF (ISHMEAR)
    BlackRock Short-Term Municipal Fund (BR-STMUNI)
    BlackRock Municipal 2030 Target Term Trust (BTT2)
    BlackRock Muni Intermediate Duration Fund, Inc. (MUI)
    BlackRock Municipal Income Quality Trust (BYM)
    BlackRock Municipal Income Investment Quality Trust (BAF)
    BlackRock Allocation Target Shares : Series E Portfolio (BATSE)
    BlackRock Municipal Income Investment Trust (BBF)
    BlackRock Municipal Bond Trust (BBK)
    BlackRock Strategic Municipal Trust (BSD)
    BlackRock Long-Term Municipal Advantage Trust (BTA)
    BlackRock MuniYield Investment Quality Fund (MFT)
    BlackRock Investment Quality Municipal Trust (BKN)
    BlackRock MuniEnhanced Fund, Inc. (MEN)
    BlackRock MuniYield Quality Fund II, Inc. (MQT)
    BlackRock MuniYield Quality Fund, Inc. (MQY)
    BlackRock MuniHoldings Fund II, Inc. (MUH)
    BlackRock MuniYield Investment Fund (MYF)
    BlackRock MuniYield Quality Fund III, Inc. (MYI)
    BlackRock Municipal Income Trust (BFK)
    BlackRock Municipal Income Trust II (BLE)
    BlackRock New Jersey Municipal Bond Trust (BLJ)
    BlackRock New Jersey Municipal Income Trust (BNJ)
    BlackRock High Yield Municipal Fund (BR-HYMUNI)
    BlackRock National Municipal Fund of BlackRock Municipal Bond Fund, Inc.
    (BR-NATL)
    BlackRock New Jersey Municipal Bond Fund of BLK Multi-State Municipal
    (BR-NJMUNI)
    BlackRock MuniHoldings Fund, Inc. (MHD)
    BlackRock MuniAssets Fund, Inc. (MUA)
    BlackRock MuniHoldings Quality Fund II, Inc. (MUE)
    BlackRock MuniHoldings New Jersey Quality Fund, Inc. (MUJ)
    BlackRock MuniHoldings Quality Fund, Inc. (MUS)
    BlackRock MuniVest Fund, Inc. (MVF)
    BlackRock MuniVest Fund II, Inc. (MVT)
    BlackRock MuniYield Fund, Inc. (MYD)
    BlackRock MuniYield New Jersey Fund, Inc. (MYJ)

THE OFFERING

KEY CHARACTERISTICS (COMPLETE ALL FIELDS)

Date of                 04-05-2018
Offering Commencement:

Security Type:          BND/MUNI

                                                                    Page 1 of 2

<PAGE>

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



Issuer                     NJ Tobacco Settlement-Series 2018A and 2018B

Selling Underwriter        Jefferies LLC

Affiliated Underwriter(s)  [X] PNC Capital Markets
                           [_]

List of Underwriter(s)     Jefferies LLC, Citigroup Global Markets Inc,
                           Barclays Capital Inc., Morgan Stanley & Co. LLC,
                           Ramirez & Co., Inc., Siebert Cisneros Shank & Co.,
                           L.L.C., Academy Securities, Blaylock Van , LLC,
                           Drexel Hamilton, LLC, J.P. Morgan Securities LLC,
                           Loop Capital Markets, NW Capital Markets Inc, PNC
                           Capital Markets LLC, Powell Capital Markets, Inc.,
                           RBC Capital Markets, Rice Financial Products
                           Company, R. Seelaus & Company., Inc., Robert W.
                           Baird & Co.,Inc., Stern Brothers & Co., Wells Fargo
                           Securities (trade name for Wells Fargo, Bank N.A.
                           Municipal Products Group), Williams Capital Group
                           L.P.

TRANSACTION DETAILS

Date of Purchase           04-05-2018

Purchase Price/Share       $103.381 Total Commission, Spread or      0.328%
(PER SHARE / % OF PAR)     $108.065 Profit
                           $112.524
                            $111.26
                           $112.433
                           $109.837
                           $107.056
                           $109.979
                            $100.00
                           $100.785

1.  Aggregate Principal Amount Purchased (a+b)                   $  143,500,000

    a.  US Registered Funds
        (Appendix attached with individual Fund/Client purchase) $  119,085,000

    b.  Other BlackRock Clients                                  $   24,415,000

2.  Aggregate Principal Amount of Offering                       $3,216,940,000

FUND RATIO
[Divide Sum of #1 by #2]
Must be less than 0.25                                                 0.044608

<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 Offering... [Issuer must have 3 years of continuous
                                       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 Offering.... [Issuer must have 3 years of continuous
                                       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, or
[_] NO   benefited directly or indirectly from, the transaction.

Completed by:             Alisha Khan                       Date:   04-06-2018
                          --------------------------------         ------------
                          Global Syndicate Team Member

Approved by:              Steven Delaura                    Date:   04-06-2018
                          --------------------------------         ------------
                          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-99.77O RULE 10F-3
<SEQUENCE>14
<FILENAME>77o40.txt
<TEXT>

                                                            [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 NEW YORK MUNI BOND ETF (ISHNY)
   BlackRock Balanced Capital Portfolio (FI) (BCS_F)
   Strategic Income Opportunities Fund (BR-SIP)
   BlackRock Strategic Municipal Opportunities Fund of BlackRock Series Trust
   (BR-SMO-IG)
   BlackRock Total Return V.I. Fund (Ins--Var Ser) (BVA-BF)
   BlackRock Municipal Income Quality Trust (BYM)
   Brighthouse Funds Trust II--BlackRock Bond Income Portfolio (MET-BI)
   Master Total Return Portfolio of Master Bond LLC (MF-BOND)
   BlackRock MuniHoldings Quality Fund II, Inc. (MUE)
   BlackRock MuniHoldings Quality Fund, Inc. (MUS)
   BlackRock MuniVest Fund, Inc. (MVF)
   BlackRock Municipal Income Investment Quality Trust (BAF)
   BlackRock Allocation Target Shares : Series E Portfolio (BATSE)
   BlackRock Municipal Income Investment Trust (BBF)
   BlackRock Strategic Municipal Trust (BSD)
   BlackRock Long-Term Municipal Advantage Trust (BTA)
   BlackRock MuniYield Investment Quality Fund (MFT)
   BlackRock New York Municipal Opportunities Fund of BLK Multi-State Muni
   (BR-NYMO)
   BlackRock New York Municipal Income Quality Trust (BSE)
   BlackRock MuniHoldings New York Quality Fund, Inc. (MHN)
   BlackRock National Municipal Fund of BlackRock Municipal Bond Fund, Inc.
   (BR-NATL)

THE OFFERING

KEY CHARACTERISTICS (COMPLETE ALL FIELDS)

Date of                    04-12-2018
Offering Commencement:

Security Type:             BND/MUNI

Issuer                     The City of New York Series F1, F2, F3

Selling Underwriter        Citigroup Global Markets Inc.

Affiliated Underwriter(s)  [X] PNC Capital Markets
                           [_]

List of Underwriter(s)     Citigroup Global Markets Inc,Bank of America
                           Merrill Lynch,Goldman Sachs & Co. LLC,J.P. Morgan
                           Securities LLC,Jefferies LLC,Loop Capital
                           Markets,Ramirez & Co.,Inc.,RBC Capital
                           Markets,Siebert Cisneros Shank & Co.,L.L.C.,
                           Barclays Capital Inc.,BNYMellon Capital
                           Markets,Drexel Hamilton,LLC,Fidelity Capital
                           Markets,Janney Montgomery Scott LLC,Morgan
                           Stanley & Co. LLC,Oppenheimer & Co.,Raymond
                           James & Associates,Inc.,Roosevelt &
                           Cross,Inc.,Stifel,Nicolaus & Company,Inc.,TD
                           Securities (USA) LLC,U.S. Bancorp Investments
                           Inc., Wells Fargo Securities, Academy Securities,
                           Blaylock Van,LLC, FTN Financial Capital Markets,

                                                                    Page 1 of 2

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

                  HilltopSecurities,PNC Capital Markets LLC,
                  Rice Financial Products Company, Stern
                  Brothers & Co., Williams Capital Group L.P.

TRANSACTION DETAILS

<TABLE>
<C>               <S>
Date of Purchase  04-12-2018
</TABLE>

<TABLE>
<S>                        <C>      <C>                                  <C>
Purchase Price/Share       $115.049 Total Commission, Spread or Profit   0.456891
(PER SHARE / % OF PAR)     $117.375
                           $116.531
                           $116.252
                           $115.602
                           $115.233
</TABLE>

<TABLE>
<S>                                                                <C>
1.  Aggregate Principal Amount Purchased (a+b)                     $  137,010,000
    a.  US Registered Funds
        (Appendix attached with individual Fund/Client purchase)   $  133,030,000
    b.  Other BlackRock Clients                                    $    3,980,000
2.  Aggregate Principal Amount of Offering                         $1,100,000,000

FUND RATIO
[Divide Sum of #1 by #2]
Must be less than 0.25                                                     0.1246
</TABLE>

LEGAL REQUIREMENTS

OFFERING TYPE (CHECK ONE)

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

<TABLE>
<S>                                    <C>
[_] U.S. Registered Public Offering... [Issuer must have 3 years of continuous
                                       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 Offering.... [Issuer must have 3 years of continuous
                                       operations]
</TABLE>

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)

<TABLE>
<C>      <S>
[X] YES  The securities were offered pursuant to an underwriting or similar
         agreement
</TABLE>

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

<TABLE>
<C>     <S>
[_] NO  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.
</TABLE>

NO BENEFIT TO AFFILIATED UNDERWRITER (CHECK ONE)

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

<TABLE>
<S>                       <C>                               <C>    <C>
Completed by:             Alisha Khan                       Date:   04-13-2018
                          --------------------------------         ------------
                          Global Syndicate Team Member

Approved by:              Steven DeLaura                    Date:   04-13-2018
                          --------------------------------         ------------
                          Global Syndicate Team Member
</TABLE>

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.

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

TERM                                   DEFINITION
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)

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.

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>
</SEC-DOCUMENT>
