BLACKROCK INVESTMENT QUALITY MUNICIPAL TRUST, INC.

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: 811-07354

Name of Fund: BlackRock Investment Quality Municipal Trust, Inc. (BKN)

Fund Address: 100 Bellevue Parkway, Wilmington, DE 19809

Name and address of agent for service: John M. Perlowski, Chief Executive Officer, BlackRock Investment

            Quality Municipal Trust, 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: 04/30/2019

Date of reporting period: 07/31/2018


Item 1 – Schedule of Investments

 


Schedule of Investments  (unaudited)

July 31, 2018

  

BlackRock Investment Quality Municipal Trust, Inc. (BKN)

(Percentages shown are based on Net Assets)

 

Security   Par
(000)
    Value  

Municipal Bonds — 136.8%

 

Alabama — 0.6%  

Opelika Utilities Board, Refunding RB,
4.00%, 06/01/41

  $ 1,540     $ 1,585,014  
Arizona — 6.5%  

Arizona Health Facilities Authority, Refunding RB, Phoenix Children’s Hospital, Series A,
5.00%, 02/01/42

    3,300       3,467,145  

City of Phoenix Arizona IDA, Refunding RB, Basis Schools, Inc. Projects, 5.00%, 07/01/45(a)

    455       465,388  

County of Pinal Arizona Electric District No.3, Refunding RB:

   

4.75%, 07/01/21(b)

    680       736,889  

4.75%, 07/01/31

    3,070       3,261,998  

Salt Verde Financial Corp., RB, Senior:

   

5.00%, 12/01/32

    1,035       1,206,189  

5.00%, 12/01/37

    4,585       5,437,810  

University Medical Center Corp., RB,
6.50%, 07/01/19(b)

    750       783,262  

University Medical Center Corp., Refunding RB,
6.00%, 07/01/21(b)

    1,600       1,783,136  
   

 

 

 
      17,141,817  
Arkansas — 2.0%  

City of Benton Arkansas, RB, 4.00%, 06/01/39

    755       780,368  

City of Fort Smith Arkansas Water & Sewer Revenue, Refunding RB, 4.00%, 10/01/40

    1,250       1,282,863  

City of Little Rock Arkansas, RB, 4.00%, 07/01/41

    2,645       2,703,666  

County of Pulaski Arkansas Public Facilities Board, RB, 5.00%, 12/01/42

    465       505,655  
   

 

 

 
      5,272,552  
California — 20.4%  

California Health Facilities Financing Authority, RB, Sutter Health, Series B, 5.88%, 08/15/20(b)

    2,300       2,502,975  

California Infrastructure & Economic Development Bank, Refunding RB, Academy Motion Picture Arts and Sciences, Series A, 4.00%, 11/01/45

    3,330       3,428,368  

California Statewide Communities Development Authority, Refunding RB, John Muir Health, Series A, 4.00%, 12/01/53

    885       893,098  

Carlsbad California Unified School District, GO, Election of 2006, Series B, 0.00%, 05/01/34(c)

    1,500       1,743,390  
Security   Par
(000)
    Value  
California (continued)  

City of San Jose California, Refunding ARB, Norman Y Mineta San Jose International Airport SJC, AMT:
Series A (BAM), 4.00%, 03/01/42

  $ 2,460     $ 2,515,596  

Series A-1, 5.75%, 03/01/34

    3,000       3,262,530  

Golden State Tobacco Securitization Corp., Refunding RB, Series A-1:

   

3.50%, 06/01/36

    1,275       1,282,013  

Tobacco Settlement Asset-Backed Bonds,
5.25%, 06/01/47

    830       862,876  

Hartnell Community College District California, GO, CAB, Election of 2002, Series D,
0.00%, 08/01/34(c)

    2,475       2,598,255  

Norwalk-La Mirada Unified School District, GO, Refunding, CAB, Election of 2002, Series E (AGC), 0.00%, 08/01/38(d)

    12,000       5,227,800  

Palomar Community College District, GO, CAB, Election of 2006, Series B:

   

0.00%, 08/01/30(d)

    2,270       1,573,155  

0.00%, 08/01/33(d)

    4,250       1,744,200  

0.00%, 08/01/39(c)

    4,000       3,932,720  

San Diego Community College District, GO, CAB, Election of 2002, 0.00%, 08/01/33(c)

    4,200       4,930,212  

State of California, GO, Refunding, Various Purposes:

   

5.00%, 02/01/38

    2,000       2,216,820  

4.00%, 10/01/44

    2,520       2,607,595  

State of California, GO, Various Purposes:

   

6.50%, 04/01/19(b)

    1,570       1,624,715  

5.75%, 04/01/31

    3,000       3,084,030  

6.00%, 03/01/33

    2,270       2,426,335  

6.50%, 04/01/33

    1,330       1,373,464  

5.50%, 03/01/40

    3,650       3,861,810  

Tobacco Securitization Authority of Southern California, Refunding RB, Tobacco Settlement, Asset-Backed, Senior Series A-1,
5.13%, 06/01/46

    495       497,663  
   

 

 

 
      54,189,620  
Connecticut — 0.5%  

Connecticut Housing Finance Authority, Refunding RB, S/F Housing, Sub-Series B-1,
4.00%, 05/15/45

    400       404,120  
 

 

 

       1  


Schedule of Investments  (unaudited) (continued)

July 31, 2018

  

BlackRock Investment Quality Municipal Trust, Inc. (BKN)

(Percentages shown are based on Net Assets)

 

Security   Par
(000)
    Value  
Connecticut (continued)  

Connecticut State Health & Educational Facility Authority, Refunding RB, Lawrence & Memorial Hospital, Series F, 5.00%, 07/01/21(b)

  $ 950     $ 1,026,342  
   

 

 

 
      1,430,462  
Delaware — 1.3%  

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

    1,800       1,912,140  

Delaware Transportation Authority, RB, U.S. 301 Project, 5.00%, 06/01/55

    1,430       1,562,890  
   

 

 

 
      3,475,030  
Florida — 8.1%  

Capital Trust Agency Inc., RB, M/F Housing, The Gardens Apartment Project, Series A,
4.75%, 07/01/40

    1,000       1,017,050  

Central Florida Expressway Authority, Refunding RB, Senior Lien, 4.00%, 07/01/41

    310       318,423  

Country of Miami-Dade FL Water & Sewer System Revenue, Refunding RB, System-Series A,
4.00%, 10/01/44

    3,000       3,078,690  

County of Miami-Dade Florida, RB:

   

CAB, Subordinate Special Obligation,
0.00%, 10/01/32(d)

    5,000       2,893,200  

CAB, Subordinate Special Obligation,
0.00%, 10/01/33(d)

    15,375       8,496,071  

Series B, AMT, 6.00%, 10/01/32

    3,000       3,418,200  

County of Miami-Dade Florida Aviation, Refunding RB, Series B, AMT, 5.00%, 10/01/40

    1,765       1,997,556  

County of Orange Florida Health Facilities Authority, Refunding RB, Mayflower Retirement Center, 5.00%, 06/01/32

    200       209,548  
   

 

 

 
      21,428,738  
Hawaii — 1.3%  

State of Hawaii Department of Budget & Finance, Refunding RB:

   

Hawaiian Electric Co., Inc. AMT,
4.00%, 03/01/37

    2,770       2,810,165  
Security   Par
(000)
    Value  
Hawaii (continued)  

State of Hawaii Department of Budget & Finance, Refunding RB (continued):
Special Purpose, Senior Living, Kahala Nui,
5.25%, 11/15/37

  $ 600     $ 660,234  
   

 

 

 
      3,470,399  
Idaho — 1.2%  

Idaho Health Facilities Authority, RB, St. Lukes Health System Project, Series A, 5.00%, 03/01/39

    3,000       3,267,510  
   

 

 

 
Illinois — 8.6%  

Chicago Board of Education, GO, Dedicated Revenues:

   

Project, 5.25%, 12/01/35

    1,235       1,285,450  

Series H, 5.00%, 12/01/36

    375       387,116  

Chicago Board of Education, GO, Refunding Dedicated Revenues:

   

Series C, 5.00%, 12/01/34

    370       383,660  

Series D, 5.00%, 12/01/26

    675       710,168  

Series F, 5.00%, 12/01/22

    505       528,553  

Chicago Public Building Commission, RB, Series A (NPFGC), 7.00%, 01/01/20(e)

    5,000       5,238,300  

City of Chicago Illinois, Refunding ARB, O’Hare International Airport Passenger Facility Charge, Series B, AMT, 4.00%, 01/01/29

    2,400       2,463,912  

City of Chicago Illinois Midway International Airport, Refunding GARB, 2nd Lien, Series A, AMT,
5.00%, 01/01/41

    1,735       1,874,737  

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

    1,000       1,066,510  

Illinois Finance Authority, Refunding RB:

   

OSF Healthcare System,
6.00%, 05/15/39

    300       316,572  

Roosevelt University Project,
6.50%, 10/01/19(b)

    590       623,117  

6.50%, 04/01/44

    910       939,657  

Railsplitter Tobacco Settlement Authority, RB,
6.00%, 06/01/21(b)

    1,700       1,894,633  

State of Illinois, GO:

   

5.00%, 02/01/39

    1,000       1,032,960  

Series A, 5.00%, 04/01/38

    200       205,848  

Series C, 5.00%, 11/01/29

    2,655       2,839,310  
 

 

2


Schedule of Investments  (unaudited) (continued)

July 31, 2018

  

BlackRock Investment Quality Municipal Trust, Inc. (BKN)

(Percentages shown are based on Net Assets)

 

Security   Par
(000)
    Value  
Illinois (continued)  

State of Illinois, GO (continued):

   

Series D, 5.00%, 11/01/28

  $ 1,025     $ 1,101,055  
   

 

 

 
      22,891,558  
Indiana — 0.2%  

County of Allen Indiana, RB, StoryPoint Fort Wayne Project, Series A-1(a):

   

6.63%, 01/15/34

    300       322,770  

6.75%, 01/15/43

    245       263,248  
   

 

 

 
      586,018  
Iowa — 0.8%  

Iowa Finance Authority, Refunding RB, Iowa Fertilizer Co. Project, Series B,
5.25%, 12/01/50(f)

    2,050       2,178,248  
   

 

 

 
Kansas — 3.3%  

City of Lenexa Kansas, Refunding RB, Lakeview Village, Inc., Series A, 5.00%, 05/15/39

    840       902,488  

County of Seward Kansas Unified School District No. 480 Liberal, GO, Refunding:

   

5.00%, 09/01/22(b)

    4,915       5,498,116  

5.00%, 09/01/39

    1,085       1,200,693  

Kansas Development Finance Authority, Refunding RB, Sisters Leavenworth:

   

5.00%, 01/01/20(b)

    1,005       1,051,562  

5.00%, 01/01/28

    150       156,625  
   

 

 

 
      8,809,484  
Kentucky — 6.7%  

County of Boyle Kentucky, Refunding RB, Centre College of Kentucky, 5.00%, 06/01/37

    4,000       4,410,680  

Kentucky Economic Development Finance Authority, RB, Catholic Health Initiatives,
Series A, 5.38%, 01/01/40

    3,400       3,655,646  

Kentucky Economic Development Finance Authority, Refunding RB, Norton Healthcare, Inc., Series B (NPFGC), 0.00%, 10/01/23(d)

    8,500       7,307,110  

Kentucky Public Transportation Infrastructure Authority, RB, Downtown Crossing Project, Convertible CAB, 1st Tier, Series C(c):

   

0.00%, 07/01/34

    1,000       945,130  
Security   Par
(000)
    Value  
Kentucky (continued)  

Kentucky Public Transportation Infrastructure Authority, RB, Downtown Crossing Project, Convertible CAB, 1st Tier, Series C(c) (continued):

   

0.00%, 07/01/39

  $ 1,395     $ 1,307,938  
   

 

 

 
      17,626,504  
Louisiana — 1.6%  

City of Alexandria Louisiana Utilities, RB,
5.00%, 05/01/39

    1,790       1,975,623  

Louisiana Local Government Environmental Facilities & Community Development Authority, RB, Westlake Chemical Corp. Project, Series A-1, 6.50%, 11/01/35

    1,565       1,708,088  

Louisiana Public Facilities Authority, RB, Belle Chasse Educational Foundation Project,
6.50%, 05/01/31

    600       634,446  
   

 

 

 
      4,318,157  
Maryland — 0.2%  

County of Anne Arundel Maryland Consolidated, RB, Special Taxing District, Villages at Two Rivers Project:

   

5.13%, 07/01/36

    260       263,226  

5.25%, 07/01/44

    260       262,894  
   

 

 

 
      526,120  
Massachusetts — 2.5%  

Commonwealth of Massachusetts, GO,
4.00%, 05/01/45

    640       651,610  

Massachusetts Development Finance Agency, RB, Emerson College Issue, Series A:

   

5.25%, 01/01/42

    900       1,000,044  

5.00%, 01/01/47

    1,010       1,100,344  

Massachusetts Development Finance Agency, Refunding RB:

   

Emmanuel College Issue, Series A,
4.00%, 10/01/46

    880       861,018  

International Charter School, 5.00%, 04/15/40

    600       636,024  

Suffolk University, 4.00%, 07/01/39

    1,375       1,379,056  

Massachusetts Housing Finance Agency, RB, M/F Housing, Series A:

   

3.80%, 12/01/43

    190       188,161  

3.85%, 06/01/46

    130       128,679  
 

 

 

       3  


Schedule of Investments  (unaudited) (continued)

July 31, 2018

  

BlackRock Investment Quality Municipal Trust, Inc. (BKN)

(Percentages shown are based on Net Assets)

 

Security   Par
(000)
    Value  
Massachusetts (continued)  

Massachusetts Housing Finance Agency, Refunding RB, S/F Housing, Series 175, 4.10%, 12/01/45

  $ 685     $ 688,768  
   

 

 

 
      6,633,704  
Michigan — 3.3%  

Michigan Finance Authority, RB, Detroit Water & Sewage Disposal System, Senior Lien,
Series 2014 C-2, AMT, 5.00%, 07/01/44

    360       383,652  

Michigan State Hospital Finance Authority, Refunding RB, Trinity Health Credit Group,
Series C, 4.00%, 12/01/32

    4,150       4,276,201  

Royal Oak Hospital Finance Authority Michigan, Refunding RB, William Beaumont Hospital,
Series V, 8.25%, 09/01/18(b)

    2,750       2,765,318  

State of Michigan Building Authority, Refunding RB, Facilities Program, Series I, 6.25%, 10/15/38

    60       60,577  

State of Michigan Housing Development Authority, RB, M/F Housing, Series A, 4.05%, 10/01/48

    1,120       1,118,006  
   

 

 

 
      8,603,754  
Minnesota — 2.5%  

City of Maple Grove Minnesota, Refunding RB, Maple Grove Hospital Corp., 4.00%, 05/01/37

    1,405       1,417,336  

City of Minneapolis Minnesota, Refunding RB, Fairview Health Services, Series B (AGC),
6.50% 11/15/38

    1,905       1,932,966  

Housing & Redevelopment Authority of The City of Saint Paul Minnesota, RB, Great River School Project, Series A, 5.50%, 07/01/52(a)

    305       312,979  

Minneapolis-St. Paul Metropolitan Airports Commission, Refunding ARB,
Sub Series D, AMT, 5.00%, 01/01/41

    460       510,963  

Minnesota Higher Education Facilities Authority, RB:

   

Augsburg College, Series B, 4.25%, 05/01/40

    1,715       1,714,983  
Security   Par
(000)
    Value  
Minnesota (continued)  

Minnesota Higher Education Facilities Authority, RB (continued):

   

College of St. Benedict, Series 8-K,
4.00%, 03/01/43

  $ 615     $ 616,980  
   

 

 

 
      6,506,207  
Mississippi — 2.1%  

County of Warren Mississippi, RB, Gulf Opportunity Zone Bonds, International Paper Co. Project,
Series A, 5.38%, 12/01/35

    600       659,214  

Mississippi Development Bank, RB, Special Obligation:

   

CAB, Hinds Community College District (AGM), 5.00%, 04/01/21(b)

    1,910       2,070,841  

County of Jackson Limited Tax Note (AGC), 5.50%, 07/01/32

    2,655       2,748,031  
   

 

 

 
      5,478,086  
Missouri — 3.0%  

Missouri Development Finance Board, RB, Annual Appropriation Sewer System, Series B,
5.00%, 11/01/41

    1,350       1,453,707  

Missouri State Health & Educational Facilities Authority, RB:

   

A.T. Still University of Health Sciences,
5.25%, 10/01/31

    500       544,265  

4.25%, 10/01/32

    480       498,696  

5.00%, 10/01/39

    750       821,235  

Heartland Regional Medical Center,
4.13%, 02/15/43

    700       719,117  

University of Central Missouri, Series C-2,
5.00%, 10/01/34

    1,500       1,663,680  

Missouri State Health & Educational Facilities Authority, Refunding RB, Kansas City University of Medicine and Biosciences, Series A:

   

5.00%, 06/01/42

    860       957,223  

5.00%, 06/01/47

    1,230       1,364,119  
   

 

 

 
      8,022,042  
Nebraska — 1.9%  

Central Plains Nebraska Energy Project, RB, Gas Project No. 3, 5.00%, 09/01/42

    900       984,186  

County of Douglas Nebraska Hospital Authority No. 3, Refunding RB, Health Facilities Nebraska Methodist Health System, 5.00%, 11/01/45

    600       653,532  
 

 

4


Schedule of Investments  (unaudited) (continued)

July 31, 2018

  

BlackRock Investment Quality Municipal Trust, Inc. (BKN)

(Percentages shown are based on Net Assets)

 

Security   Par
(000)
    Value  
Nebraska (continued)  

Nebraska Public Power District, Refunding RB, Series A:

   

5.00%, 01/01/32

  $ 2,535     $ 2,752,351  

4.00%, 01/01/44

    600       609,756  
   

 

 

 
      4,999,825  
Nevada — 0.6%  

County of Clark Nevada, Refunding ARB, Department of Aviation, Subordinate Lien,
Series A-2, 4.25%, 07/01/36

    1,500       1,561,215  

Nevada Department of Business & Industry, RB, Series A, 5.00%, 07/15/37(a)

    125       128,092  
   

 

 

 
      1,689,307  
New Jersey — 8.6%  

County of Middlesex New Jersey Improvement Authority, RB, Heldrich Center Hotel,
Sub-Series B, 6.25%, 01/01/37(g)(h)

    1,510       15,855  

New Jersey EDA, RB:

   

Continental Airlines, Inc. Project:
AMT, 5.25%, 09/15/29

    1,335       1,450,958  

Series B, AMT, 5.63%, 11/15/30

    990       1,119,739  

Goethals Bridge Replacement Project (AGM), AMT, 5.13%, 07/01/42

    300       328,335  

School Facilities Construction Bonds, Series DDD, 5.00%, 06/15/42

    160       172,709  

New Jersey EDA, Refunding RB, Sub-Series A, 4.00%, 07/01/32

    250       250,738  

New Jersey Health Care Facilities Financing Authority, Refunding RB, Series A:

   

RWJ Barnabas Health Obligated Group,
4.00%, 07/01/43

    2,955       3,033,633  

St. Barnabas Health Care System,
4.63%, 07/01/21(b)

    770       830,561  

5.63%, 07/01/21(b)

    2,560       2,833,638  

5.00%, 07/01/25

    500       550,635  

New Jersey State Turnpike Authority, RB, Series E, 5.00%, 01/01/45

    2,780       3,079,906  

New Jersey Transportation Trust Fund Authority, RB:

   

CAB, Transportation System, Series A,
0.00%, 12/15/35(d)

    1,600       731,136  

Transportation Program:
Series AA, 5.00%, 06/15/38

    290       307,203  
Security   Par
(000)
    Value  
New Jersey (continued)  

New Jersey Transportation Trust Fund Authority, RB (continued):

   

Transportation Program (continued):

   

Series A, 5.50%, 06/15/41

  $ 500     $ 522,875  

Series A, 5.00%, 06/15/42

    395       410,448  

Series AA, 5.00%, 06/15/45

    1,350       1,431,985  

Series AA, 5.00%, 06/15/46

    600       636,072  

Series B, 5.50%, 06/15/31

    2,000       2,116,060  

Tobacco Settlement Financing Corp., Refunding RB:

   

Series A, 5.00%, 06/01/46

    1,180       1,296,206  

Series A, 5.25%, 06/01/46

    305       341,512  

Sub-Series B, 5.00%, 06/01/46

    1,180       1,264,158  
   

 

 

 
      22,724,362  
New Mexico — 0.9%  

New Mexico Hospital Equipment Loan Council, Refunding RB, Presbyterian Healthcare Services, 5.00%, 08/01/44

    680       752,148  

New Mexico Mortgage Finance Authority, RB, S/F Housing, Mortgage Program, Class I, Series B (Ginnie Mae, Fannie Mae & Freddie Mac),
3.90%, 07/01/48

    1,690       1,672,272  
   

 

 

 
      2,424,420  
New York — 5.7%  

City of New York Housing Development Corp., Refunding RB, Series L-2-A, 4.00%, 05/01/44

    630       635,853  

City of New York Industrial Development Agency, RB, PILOT:

   

(AMBAC), 5.00%, 01/01/39

    1,100       1,114,850  

Queens Baseball Stadium (AGC),
6.50%, 01/01/46

    300       305,946  

City of New York Transitional Finance Authority Building Aid Revenue, RB, Series S-1,
4.00%, 07/15/45

    500       511,980  

Counties of New York Tobacco Trust IV, Refunding RB, Settlement Pass-Through Turbo, Series A, 6.25%, 06/01/41(a)

    1,400       1,453,214  
 

 

 

       5  


Schedule of Investments  (unaudited) (continued)

July 31, 2018

  

BlackRock Investment Quality Municipal Trust, Inc. (BKN)

(Percentages shown are based on Net Assets)

 

Security   Par
(000)
    Value  
New York (continued)  

Counties of New York Tobacco Trust VI, Refunding RB, Settlement Pass-Through Turbo, Series C, 4.00%, 06/01/51

  $ 1,000     $ 940,740  

Erie Tobacco Asset Securitization Corp., Refunding RB, Asset-Backed, Series A, 5.00%, 06/01/45

    1,825       1,809,342  

Long Island Power Authority, Refunding RB, Electric System, Series A,
5.75%, 04/01/19(b)

    2,475       2,546,849  

New York Liberty Development Corp., Refunding RB:

   

2nd Priority, Bank of America Tower at One Bryant Park Project, Class 3,
6.38%, 07/15/49

    1,250       1,317,200  

3 World Trade Center Project, Class 2,
5.15%, 11/15/34(a)

    640       701,907  

New York Transportation Development Corp., Refunding ARB, American Airlines, Inc., AMT, 5.00%, 08/01/31

    1,905       1,993,925  

Niagara Area Development Corp., Refunding RB, Solid Waste Disposal Facility, Covanta Energy Project, Series A, AMT, 5.25%, 11/01/42(a)

    600       604,800  

Westchester Tobacco Asset Securitization, Refunding RB, Tobacco Settlement Bonds, Sub-Series C, 5.13%, 06/01/51

    1,160       1,207,131  
   

 

 

 
      15,143,737  
North Dakota — 0.3%  

County of Burleigh North Dakota, Refunding RB, St. Alexius Medical Center Project, Series A,
5.00%, 07/01/21(b)

    720       782,114  
   

 

 

 
Ohio — 3.3%  

Buckeye Tobacco Settlement Financing Authority, RB, Asset-Backed, Senior Turbo Term,
Series A-2:

   

5.75%, 06/01/34

    415       416,038  

5.88%, 06/01/47

    225       226,935  

City of Dayton Ohio Airport Revenue, Refunding ARB, James M. Cox Dayton International Airport, Series A (AGM), AMT, 4.00%, 12/01/32

    3,000       3,044,610  

County of Allen Ohio Hospital Facilities Revenue, Refunding RB, Series A,
4.00%, 08/01/38

    1,010       1,026,786  
Security   Par
(000)
    Value  
Ohio (continued)  

County of Butler Port Authority, RB, Series A-1(a):

   

Storypoint Fairfield Project,
6.25%, 01/15/34

  $ 500     $ 525,405  

6.38%, 01/15/43

    275       288,621  

State of Ohio, Refunding RB, University Hospitals Health System, Series A, 5.00%, 01/15/41

    3,010       3,178,680  
   

 

 

 
      8,707,075  
Oklahoma — 1.9%  

Norman Oklahoma Regional Hospital Authority, Refunding RB, 4.00%, 09/01/37

    1,765       1,793,011  

Oklahoma City Public Property Authority, Refunding RB:

   

5.00%, 10/01/36

    800       901,872  

5.00%, 10/01/39

    280       314,504  

Oklahoma Development Finance Authority, RB:

   

OU Medicine Project, Series B, 5.50%, 08/15/52

    680       775,703  

Provident Oklahoma Education Resources, Inc., Cross Village Student Housing Project, Series A,
5.25%, 08/01/57

    1,315       1,289,160  
   

 

 

 
      5,074,250  
Oregon — 1.6%  

Clackamas Community College District, GO, Convertible Deferred Interest Bonds, Series A, 0.00%, 06/15/38(c)

    335       347,003  

Oregon Health & Science University, RB, Series A, 4.00%, 07/01/37

    1,075       1,117,495  

State of Oregon State Facilities Authority, Refunding RB, University of Portland Project, Series A,
5.00%, 04/01/45

    2,485       2,751,417  
   

 

 

 
      4,215,915  
Pennsylvania — 10.4%  

Commonwealth Financing Authority, RB, Tobacco Master Settlement Payment:

   

5.00%, 06/01/33

    165       185,283  

5.00%, 06/01/34

    295       330,223  

5.00%, 06/01/35

    560       624,400  

(AGM), 4.00%, 06/01/39

    2,785       2,843,986  

County of Allegheny Pennsylvania IDA, Refunding RB, U.S. Steel Corp. Project, 6.55%, 12/01/27

    2,535       2,624,105  
 

 

6


Schedule of Investments  (unaudited) (continued)

July 31, 2018

  

BlackRock Investment Quality Municipal Trust, Inc. (BKN)

(Percentages shown are based on Net Assets)

 

Security   Par
(000)
    Value  
Pennsylvania (continued)  

County of Montgomery Higher Education & Health Authority, Refunding RB, Thomas Jefferson University, Series A, 4.00%, 09/01/49

  $ 715     $ 714,979  

Delaware River Port Authority, RB:

   

4.50%, 01/01/32

    3,000       3,193,920  

Series D (AGM), 5.00%, 01/01/40

    3,640       3,796,629  

Mckeesport Area School District, GO, CAB, Refunding (NPFGC), 0.00%, 10/01/31(d)(e)

    500       340,055  

Pennsylvania Economic Development Financing Authority, Refunding RB:

   

National Gypsum Co., AMT,
5.50%, 11/01/44

    810       854,080  

Series A, 4.00%, 11/15/42

    1,485       1,499,865  

Pennsylvania Turnpike Commission, RB,
Sub-Series B-1, 5.00%, 06/01/42

    1,970       2,156,658  

Philadelphia Authority for Industrial Development, RB, The Childern’s Hospital of Philadelphia Project, Series A, 4.00%, 07/01/44

    915       935,789  

Pottsville Hospital Authority, Refunding RB, Lehigh Valley Health Network, Series B,
5.00%, 07/01/45

    2,000       2,200,120  

School District of Philadelphia, GO, Refunding Series F, 5.00%, 09/01/37

    800       881,440  

State Public School Building Authority, Refunding RB, The School District of Philadelphia Project, Series A, 5.00%, 06/01/34

    3,825       4,248,007  
   

 

 

 
      27,429,539  
Puerto Rico — 1.1%  

Children’s Trust Fund, Refunding RB, Tobacco Settlement Asset-Backed Bonds:

   

5.50%, 05/15/39

    1,470       1,479,585  

5.63%, 05/15/43

    1,395       1,407,164  
   

 

 

 
      2,886,749  
Rhode Island — 4.2%  

Rhode Island Health & Educational Building Corp., RB, Series A, 4.00%, 09/15/42

    1,285       1,305,599  

Rhode Island Health & Educational Building Corp., Refunding RB, Series A (AGM), 3.75%, 05/15/32

    1,845       1,866,992  

Rhode Island Student Loan Authority, Refunding RB, Senior-Series A, AMT, 3.50%, 12/01/34

    595       594,982  

State of Rhode Island, COP, School for the Deaf Project, Series C (AGC), 5.38%, 04/01/19(b)

    1,330       1,364,793  
Security   Par
(000)
    Value  
Rhode Island (continued)  

Tobacco Settlement Financing Corp., Refunding RB:

   

Series A, 5.00%, 06/01/40

  $ 1,000     $ 1,063,500  

Series B, 4.50%, 06/01/45

    2,725       2,774,595  

Series B, 5.00%, 06/01/50

    2,000       2,086,800  
   

 

 

 
      11,057,261  
South Carolina — 2.1%  

State of South Carolina Public Service Authority, RB, Series E:

   

5.00%, 12/01/48

    2,030       2,135,438  

5.50%, 12/01/53

    3,105       3,360,480  
   

 

 

 
      5,495,918  
Tennessee — 3.8%  

Chattanooga Health Educational & Housing Facility Board, RB, Catholic Health Initiatives,
Series A, 5.25%, 01/01/40

    2,945       3,151,503  

County of Chattanooga-Hamilton Tennessee Hospital Authority, Refunding RB,
Series A, 5.00%, 10/01/44

    875       933,161  

County of Knox Tennessee Health Educational & Housing Facility Board, RB, University Health System, Inc., 4.00%, 09/01/40

    1,285       1,268,257  

County of Memphis-Shelby Tennessee Sports Authority, Inc., Refunding RB, Memphis Arena Project, Series A:

   

5.25%, 11/01/27

    1,135       1,184,202  

5.38%, 11/01/28

    1,000       1,045,520  

County of Nashville & Davidson Metropolitan Government Health & Educational Facilities Board, RB, Vanderbilt University Medical Center,
Series A, 5.00%, 07/01/40

    1,075       1,187,155  

Johnson City Health & Educational Facilities Board, RB, Mountain States Health, Series A,
5.00%, 08/15/42

    1,200       1,266,264  
   

 

 

 
      10,036,062  
Texas — 8.8%  

County of Harris Texas-Houston Sports Authority, Refunding RB, CAB, Senior Lien, Series A (NPFGC) (AGM), 0.00%, 11/15/38(d)

    5,000       1,921,250  

County of Matagorda Texas Navigation District No. 1, Refunding RB, Central Power & Light Co., Project, Series A, 6.30%, 11/01/29

    2,200       2,327,776  
 

 

 

       7  


Schedule of Investments  (unaudited) (continued)

July 31, 2018

  

BlackRock Investment Quality Municipal Trust, Inc. (BKN)

(Percentages shown are based on Net Assets)

 

Security   Par
(000)
    Value  
Texas (continued)  

County of Midland Texas Fresh Water Supply District No. 1, RB, CAB, City of Midland Project, Series A, 0.00%, 09/15/38(d)

  $ 16,780     $ 7,094,248  

Grand Parkway Transportation Corp., RB, Subordinate Tier Toll Revenue Bonds, TELA Supported, Series A, 5.00%, 10/01/48

    1,360       1,548,714  

Howe Independent School District, GO, School Building (PSF-GTD), 4.00%, 08/15/43

    1,680       1,715,868  

Leander ISD, GO, Refunding CAB, Series D (PSF-GTD)(d):

   

0.00%, 08/15/24(b)

    550       284,801  

0.00%, 08/15/35

    5,450       2,719,877  

North Texas Tollway Authority, Refunding RB, 1st Tier-Series A, 5.00%, 01/01/43

    790       893,798  

Red River Texas Education Financing Corp., RB, Texas Christian University Project,
5.25%, 03/15/38

    1,140       1,271,191  

Texas Private Activity Bond Surface Transportation Corp., RB, Senior Lien, LBJ Infrastructure Group LLC, 7.00%, 06/30/40

    3,000       3,250,320  

Texas Water Development Board, RB, State Water Implementation Fund, Series A,
4.00%, 10/15/45

    375       385,388  
   

 

 

 
      23,413,231  
Utah — 0.4%  

Utah State Charter School Finance Authority, Refunding RB:

   

Mountainville Academy, 4.00%, 04/15/42

    600       606,072  

The Freedom Academy Foundation Project,
5.25%, 06/15/37(a)

    205       207,743  

The Freedom Academy Foundation Project,
5.38%, 06/15/48(a)

    260       263,182  
   

 

 

 
      1,076,997  
Vermont — 0.3%  

Vermont Student Assistance Corp., RB, AMT, Series A, 4.25%, 06/15/32

    690       705,442  
   

 

 

 
Virginia — 1.6%  

Ballston Quarter Community Development Authority, Tax Allocation Bonds, Series A, 5.38%, 03/01/36

    780       814,554  
Security   Par
(000)
    Value  
Virginia (continued)  

Tobacco Settlement Financing Corp., Refunding RB, Senior Series B-1, 5.00%, 06/01/47

  $ 1,030     $ 1,029,969  

Virginia Small Business Financing Authority, RB, AMT:

   

Covanta Project, 5.00%, 01/01/48(a)(f)

    745       756,637  

Senior Lien, Elizabeth River Crossings OpCo LLC Project, 6.00%, 01/01/37

    1,440       1,592,755  
   

 

 

 
      4,193,915  
West Virginia — 0.8%  

West Virginia Hospital Finance Authority, RB, Improvement West Virginia University Health System Obligated Group, Series A,
4.00%, 06/01/51

    2,220       2,205,437  
   

 

 

 
Wisconsin — 1.8%  

Public Finance Authority, Refunding RB, National Gypsum Co., AMT, 4.00%, 08/01/35

    435       423,472  

Wisconsin Health & Educational Facilities Authority, Refunding RB, Ascension Senior Credit Group, 4.00%, 11/15/36

    2,900       2,972,094  

WPPI Energy Power Supply Systems, Refunding RB, Series A, 5.00%, 07/01/37

    1,330       1,485,344  
   

 

 

 
      4,880,910  
   

 

 

 

Total Municipal Bonds — 136.8%
(Cost — $337,811,534)

 

    362,583,490  
   

 

 

 
 

 

8


Schedule of Investments  (unaudited) (continued)

July 31, 2018

  

BlackRock Investment Quality Municipal Trust, Inc. (BKN)

(Percentages shown are based on Net Assets)

 

Security   Par
(000)
     Value  

Municipal Bonds Transferred to Tender Option Bond Trusts — 26.1%(i)

 

California — 0.5%  

Los Angeles California Unified School District, GO, Election of 2008, Series B-1, 5.25%, 07/01/42(j)

  $ 1,182      $ 1,408,700  
    

 

 

 
Connecticut — 1.6%  

State of Connecticut Health & Educational Facility Authority, Refunding RB, Trinity Health Credit Group, 5.00%, 12/01/45

    3,902        4,355,880  
    

 

 

 
Florida — 0.9%  

County of Pinellas Florida School Board, COP, Master Lease Program, Series A, 5.00%, 07/01/41

    2,120        2,382,361  
    

 

 

 
Louisiana — 0.5%  

County of St. Louisiana Gasoline & Fuels Tax Revenue, Refunding RB, First Lien, Series A, 4.00%, 05/01/41

    1,200        1,232,820  
    

 

 

 
Maryland — 1.2%  

State of Maryland Stadium Authority Revenue, RB, Construction and Revitalization Program, 5.00%, 05/01/42

    2,760        3,162,712  
    

 

 

 
Massachusetts — 1.3%  

Commonwealth of Massachusetts, GO, Series A, 5.00%, 01/01/46

    3,018        3,443,324  
    

 

 

 
Minnesota — 2.1%  

State of Minnesota, RB, Series A,
5.00%, 06/01/38

    5,000        5,537,495  
    

 

 

 
Nevada — 1.0%  

County of Clark Nevada, GOL, Stadium Improvement, Series A, 5.00%, 06/01/38

    2,311        2,657,766  
    

 

 

 
New Jersey — 1.7%  

New Jersey State Turnpike Authority, Refunding RB, Series G, 4.00%, 01/01/43

    1,606        1,671,127  

New Jersey Transportation Trust Fund Authority, RB, Transportation System, Series B, 5.25%, 06/15/36(j)

    2,861        2,982,568  
    

 

 

 
       4,653,695  
New York — 9.3%  

City of New York, GO, Refunding Fiscal 2015, Series B, 4.00%, 08/01/32

    1,600        1,682,184  
Security   Par
(000)
     Value  
New York (continued)  

City of New York Municipal Water Finance Authority, Refunding RB, Water & Sewer System, 2nd General Resolution, Series FF-2, 5.50%, 06/15/40

  $ 810      $ 836,409  

City of New York Transitional Finance Authority, BARB, Series S-1,
4.00%, 07/15/42(j)

    2,145        2,186,627  

City of New York Water & Sewer System, Refunding RB, 2nd General Resolution, Fiscal 2013:

    

Series BB, 4.00%, 06/15/47

    6,000        6,093,000  

Series CC, 5.00%, 06/15/47

    4,000        4,474,061  

Hudson Yards Infrastructure Corp., RB, Fiscal 2012, Series A, 5.75%, 02/15/47(j)

    1,750        1,913,672  

New York Liberty Development Corp., ARB, 1 World Trade Center Port Authority Consolidated Bonds, 5.25%, 12/15/43

    4,500        4,926,609  

State of New York Thruway Authority, Refunding RB, Transportation, Personal Income Tax, Series A, 5.00%, 03/15/31

    2,360        2,565,981  
    

 

 

 
       24,678,543  
Ohio — 0.7%  

Northeast Ohio Regional Sewer District, Refunding RB, 4.00%, 11/15/49(j)

    1,800        1,836,036  
    

 

 

 
Pennsylvania — 0.9%  

Commonwealth of Pennsylvania, GO, 1st Series, 4.00%, 03/01/36(j)

    2,399        2,471,768  
    

 

 

 
Texas — 3.5%  

Aldine Independent School District, GO, Refunding(PSF-GTD), 5.00%, 02/15/42

    2,609        2,965,613  

City of Houston Texas Community College, GO, Limited Tax, 4.00%, 02/15/43

    2,160        2,199,463  

City of San Antonio Texas Electric and Gas Systems, RB, Junior Lien,
5.00%, 02/01/43

    2,380        2,598,460  
 

 

 

       9  


Schedule of Investments  (unaudited) (continued)

July 31, 2018

  

BlackRock Investment Quality Municipal Trust, Inc. (BKN)

(Percentages shown are based on Net Assets)

 

Security   Par
(000)
    Value  
Texas (continued)  

San Antonio Public Facilities Corp., Refunding RB, Convention Center Refinancing And Expansion Project, 4.00%, 09/15/42

  $ 1,409     $ 1,430,818  
   

 

 

 
    9,194,354  
Washington — 0.9%  

Washington Health Care Facilities Authority, Refunding RB, Multicare Health System,
Series B, 4.13%, 08/15/43

    2,213       2,267,933  
   

 

 

 

Total Municipal Bonds Transferred to Tender Option Bond Trusts — 26.1%
(Cost — $68,203,633)

 

    69,283,387  
   

 

 

 

Total Long-Term Investments — 162.9%
(Cost — $406,015,167)

 

    431,866,877  
   

 

 

 
Security   Shares    

    

Value

 

Short-Term Securities — 0.1%

 

BlackRock Liquidity Funds, MuniCash, Institutional Class,
    0.85%(k)(l)

    350,388     $ 350,458  
   

 

 

 

Total Short-Term Securities — 0.1%
(Cost — $350,441)

 

    350,458  
   

 

 

 

Total Investments — 163.0%
(Cost — $406,365,608)

 

    432,217,335  

Other Assets Less Liabilities — 0.6%

 

    1,643,254  

Liability for TOB Trust Certificates, Including Interest Expense and Fees Payable — (16.1)%

 

    (42,871,932

VMTP Shares, at Liquidation Value — (47.5)%

 

    (125,900,000
   

 

 

 

Net Assets Applicable to Common Shares — 100.0%

 

  $ 265,088,657  
   

 

 

 
 
(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) 

U.S. 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.

(c) 

Step-up bond that pays an initial coupon rate for the first period and then a higher coupon rate for the following periods. Rate as of period end.

(d) 

Zero-coupon bond.

(e) 

Security is collateralized by municipal bonds or U.S. Treasury obligations.

(f) 

Variable or floating rate security, which interest rate adjusts periodically based on changes in current interest rates and prepayments on the underlying pool of assets. Rate shown is the rate in effect as of period end.

(g) 

Non-income producing security.

(h) 

Issuer filed for bankruptcy and/or is in default.

(i) 

Represent bonds transferred to a TOB Trust in exchange of cash and residual certificates received by the Trust. These bonds serve as collateral in a secured borrowing.

(j) 

All or a portion of security is subject to a recourse agreement. The aggregate maximum potential amount the Trust could ultimately be required to pay under the agreements, which expires between February 15, 2019 to March 1, 2026, is $8,331,169.

(k) 

Annualized 7-day yield as of period end.

(l) 

During the period ended July 31, 2018, investments in issuers considered to be [affiliates/an affiliate] of the Trust for purposes of Section 2(a)(3) of the Investment Company Act of 1940, as amended, and/or related parties of the Fund were as follows:

 

 

 

 

 

 

Affiliate   

Shares

Investment
Value

Held at

04/30/2018

    

Net

Activity

    

Shares

Investment
Value

Held at

07/31/18

     Value at
07/31/18
    
Income
     Net
Realized
Gain (Loss) (a)
     Change in
Unrealized
Appreciation
(Depreciation)
 

BlackRock Liquidity Funds, MuniCash, Institutional Class

            350,388        350,388      $ 350,458      $ 2,935      $ 314      $ 17  
           

 

 

    

 

 

    

 

 

    

 

 

 

 

  (a) 

Includes net capital gain distributions, if applicable.

 

Portfolio Abbreviations

 

AGC    Assured Guarantee Corp.
AGM    Assured Guaranty Municipal Corp.
AMBAC    American Municipal Bond Assurance Corp.
AMT    Alternative Minimum Tax (subject to)

 

10


Schedule of Investments  (unaudited) (continued)

July 31, 2018

  

BlackRock Investment Quality Municipal Trust, Inc. (BKN)

 

ARB    Airport Revenue Bonds
BAM    Build America Mutual Assurance Co.
BARB    Building Aid Revenue Bonds
CAB    Capital Appreciation Bonds
COP    Certificates of Participation
COP    Colombian Peso
EDA    Economic Development Authority
GARB    General Airport Revenue Bonds
GO    General Obligation Bonds
GTD    Guaranteed
IDA    Industrial Development Authority
ISD    Independent School District
M/F    Multi-Family
NPFGC    National Public Finance Guarantee Corp.
OTC    Over-the-Counter
PILOT    Payment in Lieu of Taxes
PSF    Permanent School Fund
RB    Revenue Bonds
S/F    Single-Family

Derivative Financial Instruments Outstanding as of Period End

Futures Contracts

 

Description    Number of
Contracts
       Expiration
Date
       Notional
Amount
(000)
       Value/
Unrealized
Appreciation
(Depreciation)
 

Short Contracts:

 

Long U.S. Treasury Bond

     115          09/19/18        $ 16,441        $ 12,561  

10-Year U.S. Treasury Note

     20          09/19/18          2,388          17,984  

5-Year U.S. Treasury Note

     35          09/28/18          3,959          3,199  
                 

 

 

 
        $ 33,744  
       

 

 

 

 

 

       11  


Schedule of Investments  (unaudited) (continued)

July 31, 2018

  

BlackRock Investment Quality Municipal Trust, Inc. (BKN)

 

Fair Value Hierarchy as of Period End

Various inputs are used in determining the fair value of investments and derivative financial instruments. These inputs to valuation techniques are categorized into a fair value hierarchy consisting of three broad levels for financial reporting purposes as follows:

 

   

Level 1 — Unadjusted price quotations in active markets/exchanges for identical assets or liabilities that Trust has the ability to access

 

   

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 Trust’s own assumptions used in determining the fair value of investments and derivative financial instruments)

The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to unobservable inputs (Level 3 measurements). Accordingly, the degree of judgment exercised in determining fair value is greatest for instruments categorized in Level 3. The inputs used to measure fair value may fall into different levels of the fair value hierarchy. In such cases, for disclosure purposes, the fair value hierarchy classification is determined based on the lowest level input that is significant to the fair value measurement in its entirety. Investments classified within Level 3 have significant unobservable inputs used by the BlackRock Global Valuation Methodologies Committee (the “Global Valuation Committee”) in determining the price for Fair Valued Investments. Level 3 investments include equity or debt issued by privately held companies or funds. There may not be a secondary market, and/or there are a limited number of investors. Level 3 investments may also be adjusted to reflect illiquidity and/or non-transferability, with the amount of such discount estimated by the Global Valuation Committee in the absence of market information.

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

 

      Level 1        Level 2        Level 3        Total  

Assets:

                 

Investments:

                 

Long-Term Investments(a)

   $        $ 431,866,877        $        $ 431,866,877  

Short-Term Securities

     350,458                            350,458  
  

 

 

      

 

 

      

 

 

      

 

 

 
   $ 350,458        $ 431,866,877        $        $ 432,217,335  
  

 

 

      

 

 

      

 

 

      

 

 

 

Derivative Financial Instruments(b)

                 

Assets:

                 

Interest rate contracts

   $ 33,744        $        $        $ 33,744  
  

 

 

      

 

 

      

 

 

      

 

 

 

 

  (a) 

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

 
  (b) 

Derivative financial instruments are futures contracts which are valued at the unrealized appreciation (depreciation) on the instrument.

 

The Trust may hold assets and/or liabilities in which the fair value approximates the carrying amount (Add if fund holds reverse repos: or face value, including accrued interest,) for financial reporting purposes. As of period end, such assets and/or liabilities are categorized within the disclosure hierarchy as follows:

 

      Level 1        Level 2        Level 3        Total  

Liabilities:

                 

TOB Trust Certificates

   $        $ (42,789,354      $        $ (42,789,354

VMTP Shares at Liquidation Value

              (125,900,000                 (125,900,000
  

 

 

      

 

 

      

 

 

      

 

 

 
   $        $ (168,689,354      $        $ (168,689,354
  

 

 

      

 

 

      

 

 

      

 

 

 

During the period ended July 31, 2018, there were no transfers between levels.

 

12


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 Investment Quality Municipal Trust, Inc.
By:    /s/ John M. Perlowski                        
   John M. Perlowski
   Chief Executive Officer (principal executive officer) of
   BlackRock Investment Quality Municipal Trust, Inc.

Date: September 20, 2018

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 Investment Quality Municipal Trust, Inc.
Date: September 20, 2018
By:    /s/ Neal J. Andrews                        
   Neal J. Andrews
   Chief Financial Officer (principal financial officer) of
   BlackRock Investment Quality Municipal Trust, Inc.

Date: September 20, 2018