UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM N-Q

 

QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED MANAGEMENT INVESTMENT COMPANY

 

Investment Company Act file number 811-08081

 

Name of Fund: BlackRock MuniHoldings Fund, Inc. (MHD)

 

Fund Address: 100 Bellevue Parkway, Wilmington, DE 19809

 

Name and address of agent for service: John M. Perlowski, Chief Executive Officer, BlackRock MuniHoldings Fund, Inc., 55 East 52nd Street, New York, NY 10055

 

Registrant’s telephone number, including area code: (800) 882-0052, Option 4

 

Date of fiscal year end: 04/30/2013

 

Date of reporting period: 07/31/2012

 

Item 1 – Schedule of Investments

 

 

 

 

Schedule of Investments July 31, 2012 (Unaudited)

BlackRock MuniHoldings Fund, Inc. (MHD)
(Percentages shown are based on Net Assets)


 

 

 

 

 

 

 

 

Municipal Bonds

 

Par
(000)

 

Value

 

Alabama — 1.8%

 

 

 

 

 

 

 

County of Jefferson Alabama, RB,
Series A, 5.00%, 1/01/24

 

$

4,550

 

$

4,451,129

 

Alaska — 0.5%

 

 

 

 

 

 

 

Northern Tobacco Securitization Corp.,
Refunding RB, Tobacco Settlement
Asset- Backed, Series A, 5.00%,
6/01/46

 

 

1,660

 

 

1,302,154

 

Arizona — 4.8%

 

 

 

 

 

 

 

Arizona Water Infrastructure Finance
Authority, Refunding RB, Water Quality
Revenue, Series A, 5.00%, 10/01/23

 

 

3,190

 

 

4,085,975

 

Maricopa County IDA Arizona, RB,
Arizona Charter Schools Project,
Series A, 6.75%, 7/01/29

 

 

2,200

 

 

1,542,552

 

Phoenix IDA Arizona, Refunding RB,
America West Airlines, Inc. Project,
AMT, 6.30%, 4/01/23

 

 

2,215

 

 

1,952,944

 

Salt Verde Financial Corp., RB, Senior:

 

 

 

 

 

 

 

5.00%, 12/01/32

 

 

2,000

 

 

2,080,560

 

5.00%, 12/01/37

 

 

2,360

 

 

2,449,798

 

Show Low Improvement District, Special
Assessment Bonds, District No. 5,
6.38%, 1/01/15

 

 

155

 

 

156,482

 

 

 

 

 

 

 

12,268,311

 

California — 9.8%

 

 

 

 

 

 

 

Agua Caliente Band of Cahuilla Indians,
RB, 5.60%, 7/01/13 (a)

 

 

125

 

 

124,373

 

California Health Facilities Financing

 

 

 

 

 

 

 

Authority, RB:

 

 

 

 

 

 

 

Stanford Hospital and Clinics,
Series A, 5.00%, 8/15/51

 

 

825

 

 

904,811

 

Sutter Health, Series B,
6.00%, 8/15/42

 

 

2,200

 

 

2,642,200

 

California Health Facilities Financing
Authority, Refunding RB, St. Joseph
Health System, Series A, 5.75%,
7/01/39

 

 

1,530

 

 

1,767,242

 

California State Public Works Board, RB,
Various Capital Projects, Sub-Series I-1,
6.38%, 11/01/34

 

 

820

 

 

996,095

 

California Statewide Communities
Development Authority, RB, John Muir
Health, 5.13%, 7/01/39

 

 

1,510

 

 

1,622,087

 

City of Los Angeles Department of
Airports, Refunding RB, Series A,
5.25%, 5/15/39

 

 

555

 

 

625,346

 

Montebello Unified School District
California, GO, CAB (NPFGC) (b):

 

 

 

 

 

 

 

4.38%, 8/01/22

 

 

2,405

 

 

1,559,065

 

4.51%, 8/01/23

 

 

2,455

 

 

1,502,951

 

San Diego Unified School District
California, GO, CAB, Election of 2008,
Series A, 4.55%, 7/01/29 (b)

 

 

3,475

 

 

1,623,381

 

 

 

 

 

 

 

 

 

Municipal Bonds

 

Par
(000)

 

Value

 

California (concluded)

 

 

 

 

 

 

 

State of California, GO, Various Purpose,
6.50%, 4/01/33

 

$

8,370

 

$

10,454,632

 

State of California, GO, Refunding,
Various Purpose, 5.00%, 10/01/41

 

 

1,015

 

 

1,107,659

 

 

 

 

 

 

 

24,929,842

 

Colorado — 2.4%

 

 

 

 

 

 

 

Colorado Educational & Cultural
Facilities Authority, RB, Charter
School, Colorado Springs, 5.50%,
7/01/40

 

 

1,455

 

 

1,512,618

 

Colorado Health Facilities Authority,
Refunding RB, The Evangelical
Lutheran Good Samaritan Society
Project, 5.00%, 12/01/42

 

 

1,230

 

 

1,303,443

 

Plaza Metropolitan District No. 1
Colorado, Tax Allocation Bonds, Public
Improvement Fee, Tax Increment,
Subordinate, 8.13%, 12/01/25

 

 

1,000

 

 

999,900

 

Regional Transportation District, COP,
Refunding, Series A, 5.38%, 6/01/31

 

 

710

 

 

809,357

 

University of Colorado, RB, Series A,
5.38%, 6/01/38

 

 

1,250

 

 

1,465,838

 

 

 

 

 

 

 

6,091,156

 

Connecticut — 4.0%

 

 

 

 

 

 

 

Connecticut State Development
Authority, RB, AFCO Cargo BDL LLC
Project, AMT, 8.00%, 4/01/30 (c)(d)

 

 

2,700

 

 

1,663,902

 

Connecticut State Health & Educational
Facility Authority, RB, Ascension
Health Senior Credit, 5.00%,
11/15/40

 

 

955

 

 

1,051,570

 

Connecticut State Health & Educational
Facility Authority, Refunding RB,
Wesleyan University, 5.00%, 7/01/35

 

 

2,515

 

 

2,865,163

 

State of Connecticut, GO, Refunding,
Series C:

 

 

 

 

 

 

 

5.00%, 6/01/23

 

 

2,195

 

 

2,769,607

 

5.00%, 6/01/24

 

 

1,395

 

 

1,743,973

 

 

 

 

 

 

 

10,094,215

 

Delaware — 1.4%

 

 

 

 

 

 

 

County of Sussex Delaware, RB, NRG
Energy, Inc., Indian River Project,
6.00%, 10/01/40

 

 

790

 

 

897,069

 

Delaware State EDA, RB, Exempt
Facilities, Indian River Power, 5.38%,
10/01/45

 

 

2,430

 

 

2,630,426

 

 

 

 

 

 

 

3,527,495

 

District of Columbia — 3.2%

 

 

 

 

 

 

 

District of Columbia, Tax Allocation
Bonds, City Market O Street Project,
5.13%, 6/01/41

 

 

1,520

 

 

1,637,435

 

 

 

 

 

 

 

 

 

 

BLACKROCK MUNIHOLDINGS FUND, INC.

JULY 31, 2012

1


 

 

 

 

Schedule of Investments (continued)

BlackRock MuniHoldings Fund, Inc. (MHD)
(Percentages shown are based on Net Assets)


 

 

 

 

 

 

 

 

Municipal Bonds

 

Par
(000)

 

Value

 

District of Columbia (concluded)

 

 

 

 

 

 

 

Metropolitan Washington Airports

 

 

 

 

 

 

 

Authority, Refunding RB:

 

 

 

 

 

 

 

CAB, Second Senior Lien,
Series B (AGC), 5.07%,
10/01/35 (b)

 

$

13,485

 

$

4,228,761

 

First Senior Lien, Series A,
5.00%, 10/01/39

 

 

505

 

 

554,637

 

First Senior Lien, Series A,
5.25%, 10/01/44

 

1,470

 

1,627,819

 

 

 

 

 

 

 

8,048,652

 

Florida — 8.3%

 

 

 

 

 

 

 

Broward County Water & Sewer Utility
Revenue, Refunding RB, Series A,
5.25%, 10/01/34

 

 

750

 

 

895,552

 

Citizens Property Insurance Corp., RB,
Senior Secured, Series A-1:

 

 

 

 

 

 

 

5.00%, 6/01/19

 

 

2,015

 

 

2,314,147

 

5.00%, 6/01/21

 

 

1,185

 

 

1,367,063

 

City of Clearwater Florida, RB, Series A,
5.25%, 12/01/39

 

 

2,375

 

 

2,710,896

 

County of Miami-Dade Florida, RB, CAB,
Sub-Series A (NPFGC), 5.48%,
10/01/37 (b)

 

 

2,340

 

 

599,953

 

County of Miami-Dade Florida,
Refunding RB, Miami International
Airport, Series A-1, 5.38%, 10/01/41

 

 

2,620

 

 

2,976,163

 

Greater Orlando Aviation Authority
Florida, RB, Special Purpose, JetBlue
Airways Corp., AMT, 6.50%, 11/15/36

 

 

2,095

 

 

2,117,437

 

Hillsborough County IDA, RB, National
Gypsum Co., Series B, AMT, 7.13%,
4/01/30

 

 

1,900

 

 

1,900,570

 

Mid-Bay Bridge Authority, RB, Series A,
7.25%, 10/01/40

 

 

1,570

 

 

1,981,670

 

Midtown Miami Community
Development District, Special
Assessment Bonds, Series B, 6.50%,
5/01/37

 

 

2,345

 

 

2,408,151

 

Palm Coast Park Community
Development District, Special
Assessment Bonds, 5.70%, 5/01/37

 

 

660

 

 

448,642

 

Preserve at Wilderness Lake Community
Development District, Special
Assessment Bonds, Series A, 5.90%,
5/01/34

 

1,445

 

1,447,384

 

 

 

 

 

 

 

21,167,628

 

Georgia — 1.3%

 

 

 

 

 

 

 

DeKalb Private Hospital Authority,
Refunding RB, Children’s Healthcare,
5.25%, 11/15/39

 

 

585

 

 

647,156

 

 

 

 

 

 

 

 

 

Municipal Bonds

 

Par
(000)

 

Value

 

Georgia (concluded)

 

 

 

 

 

 

 

Metropolitan Atlanta Rapid Transit
Authority, RB, Sales Tax Revenue,
Third Indenture Series A, 5.00%,
7/01/39

 

$

2,410

$

2,691,440

 

 

 

 

 

 

 

3,338,596

 

Hawaii — 0.4%

 

 

 

 

 

 

 

State of Hawaii, Harbor System, RB,
Series A, 5.25%, 7/01/30

 

 

945

 

 

1,106,888

 

Illinois — 11.7%

 

 

 

 

 

 

 

Chicago Board of Education Illinois, GO
Series A, 5.50%, 12/01/39

 

 

1,460

 

 

1,702,097

 

City of Chicago Illinois, GO, Project,
Series A, 5.00%, 1/01/34

 

 

3,160

 

 

3,537,367

 

City of Chicago Illinois, Refunding RB,
Series A, 5.25%, 1/01/38

 

 

570

 

 

654,349

 

City of Chicago Illinois, Special
Assessment Bonds, Lake Shore East,
6.75%, 12/01/32

 

 

900

 

 

933,507

 

City of Chicago Illinois O’Hare
International Airport, GARB:

 

 

 

 

 

 

 

Series A, 5.75%, 1/01/39

 

 

2,000

 

 

2,357,480

 

O’Hare International Airport,
General, Third Lien, Series C
(AGM), 6.50%, 1/01/41

 

 

4,055

 

 

4,978,242

 

City of Chicago Illinois Transit Authority,
RB, Sales Tax Receipts Revenue,
5.25%, 12/01/40

 

 

730

 

 

832,806

 

Illinois Finance Authority, Refunding RB:

 

 

 

 

 

 

 

Central DuPage Health,
Series B, 5.50%, 11/01/39

 

 

1,115

 

 

1,255,122

 

Series A, 5.00%, 11/15/37

 

 

675

 

 

751,835

 

Series A, 5.00%, 11/15/42

 

 

1,230

 

 

1,361,795

 

Illinois HDA, RB, Homeowner Mortgage,
Sub-Series C2, AMT, 5.35%, 2/01/27

 

 

2,525

 

 

2,525,000

 

Metropolitan Pier & Exposition Authority,
Refunding RB, McCormick Place
Expansion Project:

 

 

 

 

 

 

 

CAB, Series B-1, (AGM),
5.19%, 6/15/47 (b)

 

 

13,220

 

 

2,214,350

 

Series B-1, (AGM), 5.00%,
6/15/50

 

 

2,190

 

 

2,369,580

 

Series B-2, 5.00%, 6/15/50

 

 

1,740

 

 

1,882,071

 

Railsplitter Tobacco Settlement
Authority, RB:

 

 

 

 

 

 

 

5.50%, 6/01/23

 

 

930

 

 

1,085,236

 

6.00%, 6/01/28

 

 

800

 

 

930,968

 

State of Illinois, RB, Build Illinois,
Series B, 5.25%, 6/15/34

 

440

 

499,884

 

 

 

 

 

 

 

29,871,689

 

Indiana — 1.7%

 

 

 

 

 

 

 

Indiana Finance Authority, RB:

 

 

 

 

 

 

 

Sisters of St. Francis Health,
5.25%, 11/01/39

 

 

585

 

 

642,944

 

 

 

 

 

 

 

 

 

 

BLACKROCK MUNIHOLDINGS FUND, INC.

JULY 31, 2012

2


 

 

 

 

Schedule of Investments (continued)

BlackRock MuniHoldings Fund, Inc. (MHD)
(Percentages shown are based on Net Assets)


 

 

 

 

 

 

 

 

Municipal Bonds

 

Par
(000)

 

Value

 

Indiana (concluded)

 

 

 

 

 

 

 

Indiana Finance Authority, RB
(concluded):

 

 

 

 

 

 

 

Wastewater Utility, CWA Authority
Project, First Lien, Series A,
5.25%, 10/01/38

 

$

1,090

 

$

1,261,566

 

Indiana Finance Authority, Refunding
RB, Parkview Health System, Series A,
5.75%, 5/01/31

 

 

1,300

 

 

1,497,184

 

Indiana Municipal Power Agency, RB,
Series B, 6.00%, 1/01/39

 

 

775

 

 

903,867

 

 

 

 

 

 

 

4,305,561

 

Iowa — 0.6%

 

 

 

 

 

 

 

Iowa Student Loan Liquidity Corp.,
Refunding RB, Senior Series A-1, AMT,
5.15%, 12/01/22

 

 

1,435

 

 

1,619,125

 

Kansas — 1.2%

 

 

 

 

 

 

 

Kansas Development Finance Authority,
Refunding RB:

 

 

 

 

 

 

 

Adventist Health, 5.75%,
11/15/38

 

 

1,520

 

 

1,781,987

 

Sisters of Leavenworth, Series
A, 5.00%, 1/01/40

 

 

1,155

 

 

1,260,186

 

 

 

 

 

 

 

3,042,173

 

Kentucky — 0.3%

 

 

 

 

 

 

 

Kentucky Economic Development
Finance Authority, RB, Owensboro
Medical Health System, Series A,
6.38%, 6/01/40

 

 

700

 

 

823,683

 

Louisiana — 3.0%

 

 

 

 

 

 

 

East Baton Rouge Sewerage
Commission, RB, Series A, 5.25%,
2/01/39

 

 

570

 

 

640,219

 

Louisiana Local Government
Environmental Facilities & Community
Development Authority, RB, Westlake
Chemical Corp. Projects, 6.75%,
11/01/32

 

 

3,500

 

 

3,933,825

 

New Orleans Aviation Board, ARB,
Passenger Facility Charge, Series A,
5.25%, 1/01/41

 

 

430

 

 

472,286

 

State of Louisiana Gasoline & Fuels Tax
Revenue, RB, Second Lien, Series B,
5.00%, 5/01/45

 

 

2,270

 

 

2,553,364

 

 

 

 

 

 

 

7,599,694

 

Maine — 0.4%

 

 

 

 

 

 

 

Maine Health & Higher Educational
Facilities Authority, RB, Series A,
5.00%, 7/01/39

 

 

210

 

 

227,986

 

Maine State Turnpike Authority, RB,
Series A, 5.00%, 7/01/42

 

 

615

 

 

707,287

 

 

 

 

 

 

 

935,273

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Municipal Bonds

 

Par
(000)

 

Value

 

Maryland — 1.1%

 

 

 

 

 

 

 

Maryland EDC, RB, Transportation
Facilities Project, Series A, 5.75%,
6/01/35

 

$

300

 

$

327,090

 

Maryland EDC, Refunding RB, CNX
Marine Terminals, Inc., 5.75%,
9/01/25

 

 

580

 

 

627,833

 

Maryland Health & Higher Educational
Facilities Authority, Refunding RB,
Charlestown Community, 6.25%,
1/01/41

 

 

1,520

 

 

1,735,475

 

 

 

 

 

 

 

2,690,398

 

Massachusetts — 2.8%

 

 

 

 

 

 

 

Massachusetts Development Finance
Agency, RB, Wellesley College,
Series J, 5.00%, 7/01/42

 

 

1,260

 

 

1,472,386

 

Massachusetts Development Finance
Agency, Refunding RB, Boston
University, Series P, 5.45%, 5/15/59

 

 

1,165

 

 

1,378,509

 

Massachusetts Health & Educational
Facilities Authority, Refunding RB,
Partners Healthcare, Series J1,
5.00%, 7/01/39

 

 

1,255

 

 

1,368,113

 

Massachusetts HFA, HRB, M/F Housing,
Series A, AMT, 5.25%, 12/01/48

 

 

2,900

 

 

2,944,805

 

 

 

 

 

 

 

7,163,813

 

Michigan — 2.5%

 

 

 

 

 

 

 

City of Detroit Michigan, RB, Senior Lien
Senior Lien:

 

 

 

 

 

 

 

Series A, 5.25%, 7/01/41

 

 

2,145

 

 

2,250,748

 

Series B (AGM), 7.50%,
7/01/33

 

 

635

 

 

798,259

 

Kalamazoo Hospital Finance Authority,
Refunding RB, Bronson Methodist
Hospital, 5.50%, 5/15/36

 

 

955

 

 

1,060,117

 

Michigan State Hospital Finance
Authority, Refunding RB, Henry Ford
Health, 5.75%, 11/15/39

 

 

2,105

 

 

2,364,062

 

 

 

 

 

 

 

6,473,186

 

Minnesota — 3.0%

 

 

 

 

 

 

 

City of Minneapolis Minnesota,
Refunding RB, Fairview Health
Services, Series A, 6.75%, 11/15/32

 

 

2,135

 

 

2,552,777

 

Tobacco Securitization Authority
Minnesota, Refunding RB:

 

 

 

 

 

 

 

5.25%, 3/01/25

 

 

3,110

 

 

3,608,564

 

5.25%, 3/01/31

 

 

1,310

 

 

1,473,658

 

 

 

 

 

 

 

7,634,999

 

Mississippi — 0.3%

 

 

 

 

 

 

 

University of Southern Mississippi, RB,
Campus Facilities Improvements
Project, 5.38%, 9/01/36

 

 

675

 

 

768,292

 

 

 

 

 

 

 

 

 

 

BLACKROCK MUNIHOLDINGS FUND, INC.

JULY 31, 2012

3


 

 

 

Schedule of Investments (continued)

BlackRock MuniHoldings Fund, Inc. (MHD)
(Percentages shown are based on Net Assets)


 

 

 

 

 

 

 

 

Municipal Bonds

 

Par
(000)

 

Value

 

Nebraska — 0.6%

 

 

 

 

 

 

 

Central Plains Energy Project Nebraska,
RB, Gas Project No. 3:

 

 

 

 

 

 

 

5.25%, 9/01/37

 

$

575

 

$

610,150

 

5.00%, 9/01/42

 

 

1,005

 

 

1,033,833

 

 

 

 

 

 

 

1,643,983

 

New Hampshire — 1.4%

 

 

 

 

 

 

 

New Hampshire Health & Education
Facilities Authority, Refunding RB,
Dartmouth-Hitchcock, 6.00%,
8/01/38

 

 

3,035

 

 

3,557,961

 

New Jersey — 4.4%

 

 

 

 

 

 

 

New Jersey EDA, RB, Continental Airlines
Inc. Project, AMT:

 

 

 

 

 

 

 

6.63%, 9/15/12 (e)

 

 

1,000

 

 

1,005,110

 

6.25%, 9/15/29

 

 

2,950

 

 

2,961,770

 

New Jersey EDA, Refunding RB,
Cigarette Tax, 5.00%, 6/15/25

 

 

680

 

 

762,205

 

New Jersey Transportation Trust Fund
Authority, RB:

 

 

 

 

 

 

 

Series A, 5.50%, 6/15/41

 

 

1,575

 

 

1,840,892

 

Series B, 5.25%, 6/15/36

 

 

1,705

 

 

1,964,518

 

Port Authority of New York & New Jersey,
RB, JFK International Air Terminal,
6.00%, 12/01/42

 

 

875

 

 

990,964

 

Tobacco Settlement Financing Corp.
New Jersey, Refunding RB, Series 1A,
4.50%, 6/01/23

 

 

1,725

 

 

1,640,941

 

 

 

 

 

 

 

11,166,400

 

New York — 4.8%

 

 

 

 

 

 

 

Dutchess County Industrial
Development Agency New York,
Refunding RB, St. Francis Hospital,
Series A, 7.50%, 3/01/29

 

 

890

 

 

916,834

 

Long Island Power Authority, Refunding
RB, Series A, 5.75%, 4/01/39

 

 

1,450

 

 

1,692,106

 

Metropolitan Transportation Authority,
RB, Series E, 5.00%, 11/15/42

 

 

375

 

 

421,504

 

Metropolitan Transportation Authority,
Refunding RB:

 

 

 

 

 

 

 

Series B, 5.00%, 11/15/34

 

 

1,740

 

 

1,963,816

 

Series D, 5.25%, 11/15/40

 

 

840

 

 

949,444

 

New York City Industrial Development
Agency, RB:

 

 

 

 

 

 

 

British Airways Plc Project,
AMT, 7.63%, 12/01/32

 

 

1,500

 

 

1,541,685

 

Continental Airlines Inc.
Project, Mandatory Put
Bonds, AMT, 8.38%,
11/01/16

 

 

725

 

 

732,424

 

Series C, 6.80%, 6/01/28

 

 

535

 

 

546,363

 

 

 

 

 

 

 

 

 

Municipal Bonds

 

Par
(000)

 

Value

 

New York (concluded)

 

 

 

 

 

 

 

New York Liberty Development Corp.,
Refunding RB, Second Priority, Bank
of America Tower at One Bryant Park
Project, 6.38%, 7/15/49

 

$

850

 

$

969,553

 

New York State Thruway Authority, RB,
Series I, 5.00%, 1/01/42

 

 

1,235

 

 

1,391,993

 

Port Authority of New York & New Jersey,
RB, JFK International Air Terminal,
6.00%, 12/01/36

 

 

900

 

 

1,022,679

 

 

 

 

 

 

 

12,148,401

 

North Carolina — 0.4%

 

 

 

 

 

 

 

North Carolina Medical Care
Commission, RB, Duke University
Health System, Series A, 5.00%,
6/01/42

 

 

970

 

 

1,071,355

 

Oregon — 0.1%

 

 

 

 

 

 

 

City of Tigard Washington County
Oregon, Refunding RB, Water System,
5.00%, 8/01/37

 

 

175

 

 

203,075

 

Pennsylvania — 4.8%

 

 

 

 

 

 

 

Allegheny County Hospital Development
Authority, Refunding RB, Health
System, West Penn, Series A, 5.38%,
11/15/40

 

 

1,125

 

 

918,675

 

Bucks County IDA, RB, Ann’s Choice Inc.
Facility, Series A, 6.25%, 1/01/35

 

 

1,700

 

 

1,719,941

 

Pennsylvania Economic Development
Financing Authority, RB:

 

 

 

 

 

 

 

American Water Co. Project,
6.20%, 4/01/39

 

 

2,520

 

 

2,953,995

 

National Gypsum Co., Series B,
AMT, 6.13%, 11/01/27

 

 

3,500

 

 

3,400,110

 

Philadelphia Authority for Industrial
Development, RB:

 

 

 

 

 

 

 

Arbor House Inc. Project,
Series E, 6.10%, 7/01/33

 

 

1,105

 

 

1,130,934

 

Commercial Development,
AMT, 7.75%, 12/01/17

 

 

725

 

 

726,138

 

Saligman House Project,
Series C, 6.10%, 7/01/33

 

 

1,245

 

 

1,274,220

 

 

 

 

 

 

 

12,124,013

 

Puerto Rico — 3.4%

 

 

 

 

 

 

 

Puerto Rico Sales Tax Financing Corp.,
RB, First Sub-Series A, 6.50%,
8/01/44

 

 

3,860

 

 

4,607,798

 

Puerto Rico Sales Tax Financing Corp., RB,
CAB, Series A, 5.57%, 8/01/35 (b)

 

 

4,000

 

 

1,131,080

 

Puerto Rico Sales Tax Financing Corp.,
Refunding RB, CAB (b):

 

 

 

 

 

 

 

First Sub-Series C, 5.73%,
8/01/38

 

 

2,975

 

 

684,815

 

 

 

 

 

 

 

 

BLACKROCK MUNIHOLDINGS FUND, INC.

JULY 31, 2012

4

 


 

 

 

Schedule of Investments (continued)

BlackRock MuniHoldings Fund, Inc. (MHD)
(Percentages shown are based on Net Assets)

 

 

 

 

 

 

 

 

Municipal Bonds

 

Par
(000)

 

Value

 

Puerto Rico (concluded)

 

 

 

 

 

 

 

Puerto Rico Sales Tax Financing Corp.,
Refunding RB, CAB (b) (concluded):

 

 

 

 

 

 

 

Senior Series C, 5.43%,
8/01/39

 

$

9,665

 

$

2,274,948

 

 

 

 

 

 

 

8,698,641

 

South Carolina — 1.0%

 

 

 

 

 

 

 

South Carolina State Ports Authority, RB,
5.25%, 7/01/40

 

 

2,285

 

 

2,571,105

 

Tennessee — 1.0%

 

 

 

 

 

 

 

Hardeman County Correctional Facilities
Corp. Tennessee, RB, 7.75%,
8/01/17

 

 

2,320

 

 

2,320,557

 

Rutherford County Health & Educational
Facilities Board, RB, 5.00%,
11/15/47

 

 

150

 

 

168,972

 

 

 

 

 

 

 

2,489,529

 

Texas — 10.5%

 

 

 

 

 

 

 

Brazos River Harbor Navigation District,
Refunding RB, Dow Chemical Co.
Project, Series A7, AMT, 6.63%,
5/15/33

 

 

3,655

 

 

3,699,079

 

Central Texas Regional Mobility
Authority, Refunding RB, Senior Lien,
6.25%, 1/01/46

 

 

1,480

 

 

1,715,927

 

City of Austin Texas, Refunding RB,
Water & Wastewater System
Revenue, 5.00%, 11/15/37

 

 

440

 

 

513,568

 

City of Dallas Texas, Refunding RB,
Waterworks & Sewer System, 5.00%,
10/01/35

 

 

1,050

 

 

1,210,923

 

City of Houston Texas, Refunding RB,
Senior Lien, Series A, 5.50%,
7/01/39

 

 

1,070

 

 

1,201,664

 

Harris County Health Facilities
Development Corp., Refunding RB,
Memorial Hermann Healthcare
System, Series B, 7.25%, 12/01/35

 

 

1,910

 

 

2,319,638

 

La Vernia Higher Education Finance
Corp., RB, KIPP Inc. Series A, 6.38%,
8/15/44

 

 

450

 

 

525,204

 

North Texas Tollway Authority, RB, CAB,
Special Projects System, Series B,
5.39%, 9/01/37 (b)

 

 

1,400

 

 

369,208

 

North Texas Tollway Authority,
Refunding RB, Toll, Second Tier,
Series F, 6.13%, 1/01/31

 

 

4,190

 

 

4,633,595

 

San Antonio Energy Acquisition Public

 

 

 

 

 

 

 

Facility Corp., RB, Gas Supply:

 

 

 

 

 

 

 

5.50%, 8/01/24

 

 

1,100

 

 

1,227,226

 

5.50%, 8/01/25

 

 

1,120

 

 

1,251,712

 

 

 

 

 

 

 

 

 

Municipal Bonds

 

Par
(000)

 

Value

 

Texas (concluded)

 

 

 

 

 

 

 

Texas Private Activity Bond Surface

 

 

 

 

 

 

 

Transportation Corp., RB, Senior Lien:

 

 

 

 

 

 

 

LBJ Infrastructure Group LLC,
LBJ Freeway Managed
Lanes Project, 7.00%,
6/30/40

 

$

2,000

 

$

2,441,600

 

NTE Mobility Partners LLC,
North Tarrant Express
Managed Lanes Project,
6.88%, 12/31/39

 

 

1,700

 

 

2,041,122

 

Texas State Public Finance Authority,
Refunding ERB, KIPP Inc., Series A
(ACA), 5.00%, 2/15/36

 

 

875

 

 

896,595

 

University of Texas System, Refunding
RB, Revenue Financing System,
Series B, 5.00%, 8/15/43

 

 

2,145

 

 

2,520,568

 

 

 

 

 

 

 

26,567,629

 

Vermont — 0.4%

 

 

 

 

 

 

 

Vermont Educational & Health Buildings
Financing Agency, RB, Developmental
& Mental Health, Series A, 6.00%,
6/15/17

 

 

890

 

 

902,825

 

Virginia — 1.6%

 

 

 

 

 

 

 

Fairfax County EDA, Refunding RB,
Goodwin House Inc., 5.13%,
10/01/42

 

 

1,000

 

 

1,024,300

 

Virginia Small Business Financing
Authority, RB, AMT:

 

 

 

 

 

 

 

5.25%, 1/01/32

 

 

550

 

 

595,034

 

6.00%, 1/01/37

 

 

1,275

 

 

1,456,190

 

5.50%, 1/01/42

 

 

805

 

 

887,078

 

 

 

 

 

 

 

3,962,602

 

Washington — 1.5%

 

 

 

 

 

 

 

Seattle Housing Authority Washington,
RB, Replacement Housing Projects,
6.13%, 12/01/32

 

 

1,225

 

 

1,227,523

 

Washington Health Care Facilities
Authority, RB, Swedish Health Services,
Series A, 6.75%, 5/15/21 (e)

 

 

1,375

 

 

1,917,795

 

Washington Health Care Facilities
Authority, Refunding RB, Providence
Health & Services, Series A, 5.00%,
10/01/42

 

 

705

 

 

786,470

 

 

 

 

 

 

 

3,931,788

 

Wisconsin — 4.1%

 

 

 

 

 

 

 

State of Wisconsin, Refunding RB,
Series A, 6.00%, 5/01/36

 

 

4,980

 

 

6,189,094

 

Wisconsin Health & Educational
Facilities Authority, RB:

 

 

 

 

 

 

 

Ascension Health Senior Credit
Group, 5.00%, 11/15/33

 

 

1,710

 

 

1,895,723

 

 

 

 

 

 

 

 

 

 

BLACKROCK MUNIHOLDINGS FUND, INC.

JULY 31, 2012

5


 

 

 

 

Schedule of Investments (continued)

BlackRock MuniHoldings Fund, Inc. (MHD)
(Percentages shown are based on Net Assets)

 

 

 

 

 

 

 

 

Municipal Bonds

 

Par
(000)

 

Value

 

Wisconsin (concluded)

 

 

 

 

 

 

 

Wisconsin Health & Educational

 

 

 

 

 

 

 

Facilities Authority, RB (concluded):

 

 

 

 

 

 

 

New Castle Place Project,
Series A, 7.00%, 12/01/31

 

$

825

 

$

606,293

 

SynergyHealth Inc., 6.00%,
11/15/32

 

 

1,755

 

 

1,836,028

 

 

 

 

 

 

 

10,527,138

 

Wyoming — 0.1%

 

 

 

 

 

 

 

Wyoming Municipal Power Agency, RB,
Series A, 5.00%, 1/01/42

 

 

210

 

 

227,329

 

Total Municipal Bonds – 106.6%

 

 

 

 

 

271,047,726

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Municipal Bonds Transferred to
Tender Option Bond (TOB) Trusts (f)

 

 

 

 

 

 

 

Arizona — 0.7%

 

 

 

 

 

 

 

Salt River Project Agricultural
Improvement & Power District, RB,
Series A, 5.00%, 1/01/38

 

 

1,690

 

 

1,878,167

 

California — 9.9%

 

 

 

 

 

 

 

Bay Area Toll Authority, Refunding RB,
San Francisco Bay Area, Series F-1,
5.63%, 4/01/44

 

 

2,270

 

 

2,627,929

 

California Educational Facilities
Authority, RB, University of Southern
California, Series B, 5.25%, 10/01/39

 

 

1,845

 

 

2,159,665

 

City of Los Angeles California
Department of Airports, Refunding RB,
Senior, Los Angeles International
Airport, Series A, 5.00%, 5/15/40

 

 

4,120

 

 

4,623,991

 

Los Angeles Community College District
California, GO, Election of 2001,
Series A (AGM), 5.00%, 8/01/32

 

 

1,620

 

 

1,826,291

 

San Diego Community College District
California, GO, Election of 2002,
5.25%, 8/01/33

 

 

748

 

 

877,041

 

San Francisco City & County Public
Utilities Commission, RB, Series B,
5.00%, 11/01/39

 

 

6,600

 

 

7,422,030

 

Sequoia Union High School District
California, GO, Refunding, Election of
2004, Series B (AGM) (AGO), 5.50%,
7/01/35

 

 

3,494

 

 

3,824,335

 

University of California, RB, Limited
Project, Series B, 4.75%, 5/15/13 (e)

 

 

1,670

 

 

1,745,724

 

 

 

 

 

 

 

25,107,006

 

Colorado — 2.5%

 

 

 

 

 

 

 

Colorado Health Facilities Authority, RB,
Catholic Health (AGM):

 

 

 

 

 

 

 

Series C-3, 5.10%, 10/01/41

 

 

2,580

 

 

2,755,595

 

 

 

 

 

 

 

 

 

Municipal Bonds Transferred to
Tender Option Bond (TOB) Trusts (f)

 

Par
(000)

 

Value

 

Colorado (concluded)

 

 

 

 

 

 

 

Colorado Health Facilities Authority, RB,
Catholic Health (AGM) (concluded):

 

 

 

 

 

 

 

Series C-7, 5.00%, 9/01/36

 

$

1,650

 

$

1,764,510

 

Colorado Health Facilities Authority,
Refunding RB, Catholic Health,
Series A, 5.50%, 7/01/34

 

 

1,490

 

 

1,702,674

 

 

 

 

 

 

 

6,222,779

 

Connecticut — 2.9%

 

 

 

 

 

 

 

Connecticut State Health & Educational
Facility Authority, RB, Yale University:

 

 

 

 

 

 

 

Series T-1, 4.70%, 7/01/29

 

 

3,180

 

 

3,629,716

 

Series X-3, 4.85%, 7/01/37

 

 

3,270

 

 

3,741,534

 

 

 

 

 

 

 

7,371,250

 

Florida — 1.7%

 

 

 

 

 

 

 

County of Miami-Dade Florida, RB,
Water & Sewer System, 5.00%,
10/01/34

 

 

3,939

 

 

4,433,292

 

Georgia — 1.0%

 

 

 

 

 

 

 

Private Colleges & Universities Authority,
Refunding RB, Emory University,
Series C, 5.00%, 9/01/38

 

 

2,259

 

 

2,506,172

 

Illinois — 0.9%

 

 

 

 

 

 

 

City of Chicago Illinois Waterworks,
Refunding RB, 5.00%, 11/01/42

 

 

2,079

 

 

2,366,798

 

Maryland — 1.3%

 

 

 

 

 

 

 

Maryland Health & Higher Educational
Facilities Authority, Refunding RB,
Ascension Health, Series B, 5.00%,
11/15/51

 

 

2,920

 

 

3,244,557

 

Massachusetts — 3.6%

 

 

 

 

 

 

 

Massachusetts School Building
Authority, RB:

 

 

 

 

 

 

 

Sales Tax Revenue, Series A, (AGM),
5.00%, 8/15/30

 

 

4,994

 

 

5,527,109

 

Senior Series B, 5.00%, 10/15/41

 

 

3,150

 

 

3,639,636

 

 

 

 

 

 

 

9,166,745

 

Michigan — 0.8%

 

 

 

 

 

 

 

Detroit Water and Sewerage
Department, Refunding RB,

 

 

 

 

 

 

 

Senior Lien, Series A:

 

 

 

 

 

 

 

5.00%, 7/01/32

 

 

1,088

 

 

1,143,907

 

5.25%, 7/01/39

 

 

937

 

 

988,184

 

 

 

 

 

 

 

2,132,091

 

New Hampshire — 0.7%

 

 

 

 

 

 

 

New Hampshire Health & Education
Facilities Authority, RB, Dartmouth
College, 5.25%, 6/01/39

 

 

1,409

 

 

1,681,862

 

 

 

 

 

 

 

 

 

 

BLACKROCK MUNIHOLDINGS FUND, INC.

JULY 31, 2012

6


 

 

 

 

Schedule of Investments (continued)

BlackRock MuniHoldings Fund, Inc. (MHD)
(Percentages shown are based on Net Assets)

 

 

 

 

 

 

 

 

Municipal Bonds Transferred to
Tender Option Bond (TOB) Trusts (f)

 

Par
(000)

 

Value

 

New York — 10.8%

 

 

 

 

 

 

 

Hudson New York Yards Infrastructure
Corp., RB, 5.75%, 2/15/47

 

$

1,110

 

$

1,300,887

 

New York City Municipal Water Finance
Authority, Refunding RB, Water &
Sewer, Series FF-2, 5.50%, 6/15/40

 

 

1,110

 

 

1,307,217

 

New York City Transitional Finance
Authority, RB, Future Tax Secured,
Sub-Series E-1, 5.00%, 2/01/42

 

 

1,720

 

 

1,985,221

 

New York Liberty Development Corp.,
RB, 1 World Trade Center, Port
Authority Construction, 5.25%,
12/15/43

 

 

7,440

 

 

8,581,668

 

New York Liberty Development Corp.,
Refunding RB, 4 World Trade Center,
Project, 5.75%, 11/15/51

 

 

4,460

 

 

5,276,849

 

New York State Dormitory Authority,
ERB, Series F, 5.00%, 3/15/35

 

 

4,034

 

 

4,389,570

 

Sales Tax Asset Receivable Corp.,
Refunding RB, Series A (AMBAC),
5.25%, 10/15/27

 

 

4,240

 

 

4,647,680

 

 

 

 

 

 

 

27,489,092

 

North Carolina — 0.5%

 

 

 

 

 

 

 

North Carolina Capital Facilities Finance
Agency, Refunding RB, Wake Forest
University, 5.00%, 1/01/38

 

 

1,080

 

 

1,209,881

 

Ohio — 4.3%

 

 

 

 

 

 

 

State of Ohio, Refunding RB, Cleveland
Clinic Health, Series A, 5.50%,
1/01/39

 

 

9,644

 

 

10,825,509

 

Tennessee — 1.0%

 

 

 

 

 

 

 

Shelby County Health Educational &
Housing Facilities Board, Refunding
RB, St. Jude’s Children’s Research
Hospital, 5.00%, 7/01/31

 

 

2,250

 

 

2,470,927

 

Texas — 3.1%

 

 

 

 

 

 

 

County of Harris Texas, RB, Senior Lien,
Toll Road, Series A, 5.00%, 8/15/38

 

 

4,620

 

 

5,202,351

 

Harris County Texas Metropolitan
Transit Authority, Refunding RB,
Series A, 5.00%, 11/01/41

 

 

2,350

 

 

2,690,303

 

 

 

 

 

 

 

7,892,654

 

Utah — 1.1%

 

 

 

 

 

 

 

City of Riverton Utah Hospital, RB, IHC
Health Services Inc., 5.00%, 8/15/41

 

 

2,519

 

 

2,753,310

 

Virginia — 2.6%

 

 

 

 

 

 

 

University of Virginia, Refunding RB,
General, 5.00%, 6/01/40

 

 

3,749

 

 

4,312,818

 

Virginia Small Business Financing
Authority, Refunding RB, Sentara
Healthcare, 5.00%, 11/01/40

 

 

2,094

 

 

2,311,932

 

 

 

 

 

 

 

6,624,750

 

 

 

 

 

 

 

 

 

Municipal Bonds Transferred to
Tender Option Bond (TOB) Trusts (f)

 

Par
(000)

 

Value

 

Washington — 0.8%

 

 

 

 

 

 

 

Central Puget Sound Regional Transit
Authority, RB, Series A (AGM), 5.00%,
11/01/32

 

$

1,860

 

$

2,120,416

 

Wisconsin — 1.7%

 

 

 

 

 

 

 

Wisconsin Health & Educational
Facilities Authority, Refunding RB,
Froedtert & Community Health Inc.,
5.25%, 4/01/39

 

 

3,959

 

 

4,392,565

 

Total Municipal Bonds Transferred to
Tender Option Bond (TOB) Trusts – 51.9%

 

 

 

 

 

131,889,823

 

Total Long-Term Investments
(Cost – $363,638,691) – 158.5%

 

 

 

 

 

402,937,549

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Short-Term Securities

 

Shares

 

 

 

 

FFI Institutional Tax-Exempt Fund,
0.01% (g)(h)

 

 

20,463

 

 

20,463

 

 

 

 

 

 

 

 

 

 

 

Par
(000)

 

 

 

 

Commonwealth of Massachusetts, GO,
VRDN, Consolidated Loan, Series B,
0.17%, 8/01/12 (i)

 

$

200

 

 

200,000

 

Connecticut Housing Finance Authority,
Refunding RB, VRDN, Housing Mortgage
Finance Program, Sub-Series A-2
(JPMorgan Chase Bank NA SBPA),
0.17%, 8/01/12 (i)

 

 

1,300

 

 

1,300,000

 

 

 

 

 

 

 

1,500,000

 

Total Short-Term Securities
(Cost – $1,520,463) – 0.6%

 

 

 

 

 

1,520,463

 

Total Investments (Cost - $365,159,154*) – 159.1%

 

 

 

 

 

404,458,012

 

Other Assets Less Liabilities – 1.3%

 

 

 

 

 

3,371,956

 

Liability for TOB Trust Certificates, Including Interest
Expense and Fees Payable – (27.5)%

 

 

 

 

 

(69,846,691

)

VMTP Shares, at Liquidation Value – (32.9)%

 

 

 

 

 

(83,700,000

)

Net Assets Applicable to Common Shares – 100.0%

 

 

 

 

$

254,283,277

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

BLACKROCK MUNIHOLDINGS FUND, INC.

JULY 31, 2012

7


 

 

 

 

Schedule of Investments (continued)

BlackRock MuniHoldings Fund, Inc. (MHD)


 

 

*

As of July 31, 2012, gross unrealized appreciation and gross unrealized depreciation based on cost for federal income tax purposes were as follows:


 

 

 

 

 

Tax cost

 

$

295,121,937

 

Gross unrealized appreciation

 

$

41,806,990

 

Gross unrealized depreciation

 

 

(2,281,629

)

Net unrealized appreciation

 

$

39,525,361

 

 

 

(a)

Security exempt from registration pursuant to Rule 144A under the Securities Act of 1933, as amended. These securities may be resold in transactions exempt from registration to qualified institutional investors.

(b)

Represents a zero-coupon bond. Rate shown reflects the current yield as of report date.

(c)

Issuer filed for bankruptcy and/or is in default of principal and/or interest payments.

(d)

Non-income producing security.

(e)

US government securities, held in escrow, are used to pay interest on this security, as well as to retire the bond in full at the date indicated, typically at a premium to par.

(f)

Securities represent bonds transferred to a TOB in exchange for which the Fund acquired residual interest certificates. These securities serve as collateral in a financing transaction.

(g)

Investments in companies considered to be an affiliate of the Fund during the period, for purposes of Section 2(a)(3) of the Investment Company Act of 1940, as amended, were as follows:


 

 

 

 

 

 

 

 

 

 

 

 

 

 

Affiliate

 

Shares
Held at
April 30, 2012

 

Net
Activity

 

Shares
Held at
July 31, 2012

 

Income

 

FFI Institutional Tax-Exempt Fund

 

 

22,614

 

 

(2,151

)

 

20,463

 

$

9

 

 

 

(h)

Represents the current yield as of report date.

(i)

Variable rate security. Rate shown is as of report date and maturity shown is the date the principal owed can be recovered through demand.


 

Portfolio Abbreviations

To simplify the listings of portfolio holdings in the Schedule of Investments, the names and descriptions of many of the securities have been abbreviated according to the following list:

 

 

ACA

American Capital Access Corp.

AGC

Assured Guaranty Corp.

AGM

Assured Guaranty Municipal Corp.

AMBAC

American Municipal Bond Assurance Corp.

AMT

Alternative Minimum Tax (subject to)

ARB

Airport Revenue Bonds

CAB

Capital Appreciation Bonds

COP

Certificates of Participation

EDA

Economic Development Authority

EDC

Economic Development Corp.

ERB

Education Revenue Bonds

GARB

General Airport Revenue Bonds

GO

General Obligation Bonds

HDA

Housing Development Authority

HFA

Housing Finance Agency

HRB

Housing Revenue Bonds

IDA

Industrial Development Authority

M/F

Multi-Family

NPFGC

National Public Finance Guarantee Corp.

RB

Revenue Bonds

SBPA

Stand-by Bond Purchase Agreements

VRDN

Variable Rate Demand Notes

 

 

 

•

Fair Value Measurements - Various inputs are used in determining the fair value of investments. These inputs to valuation techniques are categorized into a disclosure hierarchy consisting of three broad levels for financial reporting purposes as follows:

 

 

 

•

Level 1 — unadjusted price quotations in active markets/exchanges for identical assets and liabilities

 

 

 

 

•

Level 2 — other observable inputs (including, but not limited to: quoted prices for similar assets or liabilities in markets that are active, quoted prices for identical or similar assets or liabilities in markets that are not active, inputs other than quoted prices that are observable for the assets or liabilities (such as interest rates, yield curves, volatilities, prepayment speeds, loss severities, credit risks and default rates) or other market-corroborated inputs)

 

 

 

 

•

Level 3 — unobservable inputs based on the best information available in the circumstances, to the extent observable inputs are not available (including the Fund’s own assumptions used in determining the fair value of investments)

Changes in valuation techniques may result in transfers into or out of an assigned level within the disclosure hierarchy. In accordance with the Fund’s policy, transfers between different levels of the fair value disclosure hierarchy are deemed to have occurred as of the beginning of the reporting period. The categorization of a value determined for investments is based on the pricing transparency of the investment and is not necessarily an indication of the risks associated with investing in those securities. For information about the Fund’s policy regarding valuation of investments and other significant accounting policies, please refer to the Fund’s most recent financial statements as contained in its annual report.

 

 

 

 

 

 

 

 

 

 

BLACKROCK MUNIHOLDINGS FUND, INC.

JULY 31, 2012

8


 

 

 

 

Schedule of Investments (concluded)

BlackRock MuniHoldings Fund, Inc. (MHD)

The following table summarizes the Fund’s investments categorized in the disclosure hierarchy as of July 31, 2012:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Level 1

 

Level 2

 

Level 3

 

Total

 

Assets:

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments:

 

 

 

 

 

 

 

 

 

 

 

 

 

Long Term Investments1

 

 

—

 

$

402,937,549

 

 

—

 

$

402,937,549

 

Short-Term Securities

 

$

20,463

 

 

1,500,000

 

 

—

 

 

1,520,463

 

Total

 

$

20,463

 

$

404,437,549

 

 

—

 

$

404,458,012

 

 

 

1

See above Schedule of Investments for values in each state or political subdivision.

Certain of the Fund’s liabilities are held at carrying amount, which approximates fair value for financial reporting purposes. As of July 31, 2012, such liabilities are categorized within the disclosure hierarchy as follows:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Level 1

 

Level 2

 

Level 3

 

Total

 

Liabilities:

 

 

 

 

 

 

 

 

 

 

 

 

 

TOB trust certificates

 

 

—

 

$

(69,810,714

)

 

—

 

$

(69,810,714

)

VMTP shares

 

 

—

 

 

(83,700,000

)

 

—

 

 

(83,700,000

)

Total

 

 

—

 

$

(153,510,714

)

 

—

 

$

(153,510,714

)

There were no transfers between levels during the period ended July 31, 2012.

 

 

 

 

 

 

 

 

 

BLACKROCK MUNIHOLDINGS FUND, INC.

JULY 31, 2012

9

Item 2 –

Controls and Procedures

 

 

2(a) –

The registrant’s principal executive and principal financial officers, or persons performing similar functions, have concluded that the registrant’s disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940, as amended (the “1940 Act”)) are effective as of a date within 90 days of the filing of this report based on the evaluation of these controls and procedures required by Rule 30a-3(b) under the 1940 Act and Rule 13a-15(b) under the Securities Exchange Act of 1934, as amended.

 

 

2(b) –

There were no changes in the registrant’s internal control over financial reporting (as defined in Rule 30a-3(d) under the 1940 Act) that occurred during the registrant’s last fiscal quarter that have materially affected, or are reasonably likely to materially affect, the registrant’s internal control over financial reporting.

 

 

Item 3 –

Exhibits

 

 

 

Certifications – Attached hereto

 

 

 

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

 

 

BlackRock MuniHoldings Fund, Inc.

 

 
   
  By: /s/ John M. Perlowski  
    John M. Perlowski
    Chief Executive Officer (principal executive officer) of
    BlackRock MuniHoldings Fund, Inc.
   
  Date: September 25, 2012
   
  Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.
   
  By: /s/ John M. Perlowski  
    John M. Perlowski
    Chief Executive Officer (principal executive officer) of
    BlackRock MuniHoldings Fund, Inc.
   
  Date: September 25, 2012
   
  By: /s/ Neal J. Andrews  
    Neal J. Andrews
    Chief Financial Officer (principal financial officer) of
    BlackRock MuniHoldings Fund, Inc.
     
  Date: September 25, 2012