- Accession Number:
- Form Type:
- 13G Filing
- Publication Date:
- 2021-01-11 10:45:58
Please notice the below summary table is generated without human intervention and may contain errors. Please refer to the complete filing displayed below for exact figures.
|Name||Sole Voting Power||Shared Voting Power||Sole Dispositive Power||Shared Dispositive Power||Aggregate Amount Owned Power||Percent of Class|
|JPMorgan Chase Bank, National Association||0||2,438||2,438||0||2,438||100%|
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Under the Securities Exchange Act of 1934
(Amendment No. 1 )*
BlackRock MuniVest Fund, Inc.
(Name of Issuer)
Variable Rate Muni Term Preferred Shares
(Title of Class of Securities)
December 14, 2020
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
☒ Rule 13d-1(b)
☐ Rule 13d-1(c)
☐ Rule 13d-1(d)
The remainder of this cover page shall be filled out for a reporting persons initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not be deemed to be filed for the purpose of Section 18 of the Securities Exchange Act of 1934 (Act) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).
CUSIP No. 09253R808
NAMES OF REPORTING PERSONS
JPMorgan Chase Bank, National Association
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
(a) ☐ (b) ☐
SEC USE ONLY
CITIZENSHIP OR PLACE OF ORGANIZATION
United States of America
SOLE VOTING POWER
SHARED VOTING POWER
SOLE DISPOSITIVE POWER
SHARED DISPOSITIVE POWER
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
Item 1(a) Name of issuer:
BlackRock MuniVest Fund, Inc.
Item 1(b) Address of issuers principal executive offices:
100 Bellevue Parkway
Wilmington, Delaware 19809
2(a) Name of person filing:
JPMorgan Chase Bank, National Association (JPM)
2(b) Address or principal business office or, if none, residence:
1111 Polaris Parkway
Columbus, Ohio 43240
United States of America
2(d) Title of class of securities:
Variable Rate Muni Term Preferred Shares (VMTP)
2(e) CUSIP No.:
Item 3. If this statement is filed pursuant to §§240.13d1(b) or 240.13d2(b) or (c), check whether the person filing is a:
|(a)||☐||Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);|
|(b)||☒||Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);|
|(c)||☐||Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);|
|(d)||☐||Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C 80a8);|
|(e)||☐||An investment adviser in accordance with §240.13d1(b)(1)(ii)(E);|
|(f)||☐||An employee benefit plan or endowment fund in accordance with §240.13d1(b)(1)(ii)(F);|
|(g)||☐||A parent holding company or control person in accordance with §240.13d1(b)(1)(ii)(G);|
|(h)||☐||A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);|
|(i)||☐||A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a3);|
|(j)||☐||A non-U.S. institution in accordance with §240.13d1(b)(1)(ii)(J);|
|(k)||☐||Group, in accordance with §240.13d1(b)(1)(ii)(K). If filing as a non-U.S. institution in accordance with §240.13d1(b)(1)(ii)(J), please specify the type of institution: ____|
Item 4. Ownership
Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.
(a) Amount beneficially owned: 2,438
(b) Percent of class: 100%.
(c) Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote: 0
(ii) Shared power to vote or to direct the vote: 2,438*
(iii) Sole power to dispose or to direct the disposition of: 2,438
(iv) Shared power to dispose or to direct the disposition of: 0
On December 16, 2011 JPM assigned certain preferred class voting rights on the VMTP to a voting trust (the Voting Trust) created pursuant to the Voting Trust Agreement, dated December 16, 2011 among JPM, Lord Securities Corporation, as trustee (the Voting Trustee) and Institutional Shareholder Services Inc. (the Voting Consultant). Voting and consent rights on the VMTP not assigned to the Voting Trust have been retained by JPM. The Voting Trust provides that with respect to voting or consent matters relating to the voting rights assigned to the Voting Trust, the Voting Consultant analyzes such voting or consent matters and makes a recommendation to the Voting Trustee on voting or consenting. The Voting Trustee is obligated to follow any such recommendations of the Voting Consultant when providing a vote or consent.
Item 5. Ownership of 5 Percent or Less of a Class.
If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than 5 percent of the class of securities, check the following [ ].
Item 6. Ownership of More than 5 Percent on Behalf of Another Person.
This Amendment No. 1 to Schedule 13G is filed in accordance with §240.13d2(b) as a result of the termination on December 14, 2020 of a tender option bond trust into which the VMTP had been previously deposited.
Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
Item 8. Identification and Classification of Members of the Group
Item 9. Notice of Dissolution of Group.
Item 10. Certifications
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
January 11, 2021
|JPMORGAN CHASE BANK, NATIONAL ASSOCIATION|