Insider filing report for Changes in Beneficial Ownership
- Schedule 13G & 13D forms are used to report a party's ownership of stock which exceeds 5% of a company's total stock issue.
- Schedule 13G is a shorter version of Schedule 13D with fewer reporting requirements.
"Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise"
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- Peter Lynch
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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
(Amendment
No. )
Under
the Securities Exchange Act of 1934
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BlackRock
MuniYield Investment Fund/ MYF
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(Name
of Issuer)
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Tax
Exempt Muni Fund Preferreds
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(Title
of Class of Securities)
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09254R500
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(CUSIP
Number)
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April
13, 2021
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(Date
of Event Which Requires Filing of this Statement)
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Check
the appropriate box to designate the rule pursuant to which this
Schedule is filed
☒
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Rule
13d-1(b)
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☐
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Rule
13d-1(c)
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☐
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Rule
13d-1(d)
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The
remainder of this cover page shall be filled out for a reporting
person's 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. 09254R500
1.
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Names
of Reporting Persons.
I.R.S.
Identification Nos. of above persons (entities only).
TD Securities (USA), LLC
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2.
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Check
the Appropriate Box if a Member of a Group (See
Instructions)
(a)
☐
(b)
☒
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3.
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SEC Use
Only
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Citizenship
of Place of Organization
Delaware
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Number
of Shares
Beneficially
Owned
by Each
Reporting
Person
With
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5.
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Sole
Voting Power
594
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6.
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Shared
Voting Power
n/a
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7.
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Sole
Dispositive Power
594
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8.
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Shared
Dispositive Power
n/a
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9.
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Aggregate
Amount Beneficially Owned by each Reporting Person
$59,403,043.23
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10.
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Check
if the Aggregate Amount in Row (9) Excludes Certain Shares
☐
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11.
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Percent
of Class Represented by Amount in Row 9
100
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12.
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Type of
Reporting Person (See Instructions)
BD
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2
CUSIP
No. 09254R500.
1.
|
Names
of Reporting Persons.
I.R.S.
Identification Nos. of above persons (entities only).
Toronto Dominion Holdings (U.S.A.), Inc.
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2.
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Check
the Appropriate Box if a Member of a Group (See
Instructions)
(a)
☐
(b)
☒
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3.
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SEC Use
Only
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4.
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Citizenship
of Place of Organization
Delaware
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Number
of Shares
Beneficially
Owned
by Each
Reporting
Person
With
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5.
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Sole
Voting Power
594
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6.
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Shared
Voting Power
n/a
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7.
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Sole
Dispositive Power
594
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8.
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Shared
Dispositive Power
n/a
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9.
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Aggregate
Amount Beneficially Owned by each Reporting Person
$59,403,043.23
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10.
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Check
if the Aggregate Amount in Row (9) Excludes Certain Shares
☐
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11.
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Percent
of Class Represented by Amount in Row 9
100
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12.
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Type of
Reporting Person (See Instructions)
CO
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3
CUSIP
No. 09254R500
1.
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Names
of Reporting Persons.
I.R.S.
Identification Nos. of above persons (entities only).
TD Group US Holdings LLC
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2.
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Check
the Appropriate Box if a Member of a Group (See
Instructions)
(a)
☐
(b)
☒
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3.
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SEC Use
Only
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4.
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Citizenship
of Place of Organization
Delaware
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Number
of Shares
Beneficially
Owned
by Each
Reporting
Person
With
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5.
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Sole
Voting Power
594
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6.
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Shared
Voting Power
n/a
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7.
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Sole
Dispositive Power
594
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8.
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Shared
Dispositive Power
n/a
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9.
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Aggregate
Amount Beneficially Owned by each Reporting Person
$59,403,043.23
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|
10.
|
Check
if the Aggregate Amount in Row (9) Excludes Certain Shares
☐
n/a
|
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11.
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Percent
of Class Represented by Amount in Row 9
100
|
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12.
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Type of
Reporting Person (See Instructions)
OO
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4
CUSIP
No. 09254R500
1.
|
Names
of Reporting Persons.
I.R.S.
Identification Nos. of above persons (entities only).
The Toronto-Dominion Bank
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2.
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Check
the Appropriate Box if a Member of a Group (See
Instructions)
(a)
☐
(b)
☒
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3.
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SEC Use
Only
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4.
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Citizenship
of Place of Organization
Canada
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Number
of Shares
Beneficially
Owned
by Each
Reporting
Person
With
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5.
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Sole
Voting Power
594
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6.
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Shared
Voting Power
n/a
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7.
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Sole
Dispositive Power
594
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8.
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Shared
Dispositive Power
n/a
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9.
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Aggregate
Amount Beneficially Owned by each Reporting Person
$59,403,043.23
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|
10.
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Check
if the Aggregate Amount in Row (9) Excludes Certain Shares
☐
n/a
|
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11.
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Percent
of Class Represented by Amount in Row 9
100
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12.
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Type of
Reporting Person (See Instructions)
BK
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5
ITEM 1:
(a) Name of Issuer:
BlackRock MuniYield Investment Fund/
MYF
(b) Address of
Issur’s Principal Executive Offices:
BlackRock Advisors, LLC
100 Bellevue Parkway
Wilmington, DE 19809
ITEM 2:
(a) Name of Person Filing:
TD
Securities (USA), LLC
This
Statement is being filed on behalf of TD Securities (USA) LLC
("TDU"), a Delaware corporation, Toronto Dominion Holdings
(U.S.A.), Inc. (“TDH”), a Delaware corporation, TD
Group US Holdings LLC (“TD GUS”), a Delaware limited
liability company, and The Toronto-Dominion Bank, a Canadian
chartered bank (“TD” and, together with TDI, TDH and TD
GUS, the “TD Entities” or the “Reporting
Persons”). TD and its subsidiaries are principally engaged in
the business of personal, commercial and wholesale banking and
wealth management. TDU is a registered Broker Dealer.
(b) Address of Principal Business Office or, if None,
Residence:
1
Vanderbilt Avenue
New
York, NY 10017
The
address of TDU’s principal office and TDH’s principal
office is 1 Vanderbilt Avenue, New York, New York 10017. The
address of TD GUS’ principal office is 251 Little Falls
Drive, Wellington, Delaware 19808. The address of TD’s
principal office is Toronto-Dominion Centre, P.O. Box 1, Toronto,
Ontario, Canada M5K 1A2.
(c) Citizenship:
USA
(d) Title of Class of Securities:
Tax Exempt Muni Fund
Preferreds
(e) CUSIP Number:
09254R500
6
ITEM 3: IF THIS STATEMENT IS FILED PURSUANT TO
§§240.13D-1(B) OR 240.13D-2(B) OR (C), CHECK WHETHER THE
PERSON FILING IS A:
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(a)
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☒
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Broker
or dealer registered under section 15 of the Act (15 U.S.C.
78o);
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(b)
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☐
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Bank
as defined in section 3(a)(6) of the Act (15 U.S.C.
78c);
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(c)
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☐
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Insurance
company as defined in section 3(a)(19) of the Act (15 U.S.C.
78c);
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(d)
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☐
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Investment
company registered under section 8 of the Investment Company Act of
1940 (15 U.S.C 80a-8);
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(e)
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☐
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An
investment adviser in accordance with
§240.13d-1(b)(1)(ii)(E);
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(f)
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☐
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An
employee benefit plan or endowment fund in accordance with
§240.13d-1(b)(1)(ii)(F);
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(g)
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☐
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A
parent holding company or control person in accordance with §
240.13d-1(b)(1)(ii)(G);
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(h)
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☐
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A
savings associations as defined in Section 3(b) of the Federal
Deposit Insurance Act (12 U.S.C. 1813);
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(i)
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☐
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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. 80a-3);
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(j)
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☐
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A
non-U.S. institution, in accordance with
§240.13d-1(b)(1)(ii)(J);
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(k)
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☐
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Group,
in accordance with §240.13d-1(b)(1)(ii)(K).
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If
filing as a non-U.S. institution in accordance with
§240.13d-1(b)(1)(ii)(J), please specify the type of
institution: ___________________________.
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ITEM 4: OWNERSHIP.
(a) Amount beneficially owned:
$59,403,043.23
(b) Percent of class: 100%
(c) Number of shares as to which the person
has:
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(i)
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Sole
power to vote or to direct the vote : 594
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(ii)
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Shared
power to vote or to direct the vote: N/A
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(iii)
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Sole
power to dispose or to direct the disposition of: 594
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(iv)
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Shared power to dispose or to direct the disposition of :
N/A
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On
April 19, 2021, the Reporting Persons disposed of all of the
Issuer’s Tax Exempt Muni Fund Preferreds previously held by
the Reporting Persons and, as of the date hereof, the Reporting
Persons own none of the Issuer’s Tax Exempt Muni Fund
Preferreds.
ITEM 5: OWNERSHIP OF FIVE PERCENT OR LESS OF A
CLASS.
N/A
ITEM 6: OWNERSHIP OF MORE THAN FIVE PERCENT ON
BEHALF OF ANOTHER PERSON.
N/A
ITEM 7: IDENTIFICATION AND CLASSIFICATION OF THE
SUBSIDIARY WHICH ACQUIRED THE SECURITY BEING REPORTED ON BY THE
PARENT HOLDING COMPANY.
N/A
ITEM 8: IDENTIFICATION AND CLASSIFICATION OF
MEMBERS OF THE GROUP.
See
above item 2
7
ITEM 9: NOTICE OF DISSOLUTION OF
GROUP.
N/A
ITEM 10: CERTIFICATIONS.
(a)
The following
certification shall be included if the statement is filed pursuant
to Section 240.13d-1(b):
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.
(b)
The
following certification shall be included if the statement is filed
pursuant to Section 240.13d-1(c):
By
signing below I certify that, to the best of my knowledge and
belief, the securities referred to above 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.
8
SIGNATURE
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.
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TD
Securities (USA) LLC
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Dated:
April 21, 2021
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By:
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/s/
Christina Petrou
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Name:
Christina Petrou
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Title:
Chief Operating Officer, President
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TORONTO
DOMINION HOLDINGS (U.S.A.), INC.
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Dated:
April
21, 2021
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By:
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/s/
Christina Petrou
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Name:
Christina Petrou
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Title:
Vice President & Chief Operating Officer
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TD
GROUP US HOLDINGS LLC
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Dated:
April
21, 2021
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By:
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/s/
John Erdmann
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Name:
John Erdmann
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Title:
Head of Finance
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THE
TORONTO-DOMINION BANK
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Dated:
April
21, 2021
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By:
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/s/
Christina Petrou
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Name:
Christina Petrou
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Title:
Vice President
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9