Lisa Belle
About Lisa Belle
Lisa Belle serves as Anti-Money Laundering (AML) Compliance Officer for MIY and related BlackRock-advised funds, with service since 2019; she is a Managing Director at BlackRock, Inc. (address: 50 Hudson Yards, New York, NY 10001) and was born in 1968 . Her prior experience includes serving as Global Financial Crime Head for Asset and Wealth Management at JPMorgan from 2013–2019 . Executive officers (other than the Chief Compliance Officer) receive no compensation from the Funds, and each executive officer is deemed an “interested person” of the Funds by virtue of positions with BlackRock or its affiliates . As of August 1, 2025, officers and Board Members of each Fund, as a group, beneficially owned less than 1% of outstanding common shares, indicating minimal insider equity alignment at the fund level .
Past Roles
| Organization | Role | Years | Strategic Impact |
|---|---|---|---|
| JPMorgan (Asset & Wealth Management) | Global Financial Crime Head | 2013–2019 | Not disclosed |
| BlackRock, Inc. | Managing Director | 2019–present | Not disclosed |
External Roles
| Organization | Role | Years | Notes |
|---|---|---|---|
| — | — | — | No external directorships or committee roles are disclosed for Lisa Belle in MIY’s 2025 DEF 14A . |
Fixed Compensation
| Component | Disclosure for MIY Fund Officer Role | Notes |
|---|---|---|
| Base Salary | None (executive officers receive no compensation from the Funds) | Compensation is paid by BlackRock, not the Funds . |
| Target/Actual Bonus | Not disclosed (no Fund-level compensation) | — |
| Cash Retainers/Perquisites | Not disclosed (no Fund-level compensation) | — |
Performance Compensation
| Incentive Type | Metric | Weighting | Target | Actual | Payout | Vesting |
|---|---|---|---|---|---|---|
| Fund-level RSUs/PSUs | Not applicable | — | — | — | — | — |
| Options | Not applicable | — | — | — | — | — |
| Notes | Executive officers (other than the CCO) receive no compensation from the Funds; performance-based equity or options for Lisa Belle at the Fund are not applicable . |
Equity Ownership & Alignment
| Item | Disclosure | Detail |
|---|---|---|
| Individual MIY share ownership (Lisa Belle) | Not separately disclosed | Officers and Board Members as a group owned <1% of outstanding common shares as of Aug 1, 2025 . |
| Ownership as % of shares outstanding | Group-level: <1% | Indicates limited insider alignment at the fund level . |
| Vested vs. unvested shares | Not disclosed | — |
| Options (exercisable/unexercisable) | Not disclosed | — |
| Shares pledged as collateral | Not disclosed | — |
| Hedging/Pledging policy | Not disclosed in cited proxy content | — |
| Stock ownership guidelines (officers) | Not disclosed | — |
Employment Terms
| Term | Disclosure | Detail |
|---|---|---|
| Current Role & Start | AML Compliance Officer, since 2019 | Officer serves at pleasure of the Board . |
| Employer | BlackRock, Inc. (Managing Director since 2019) | Executive officer is an “interested person” due to BlackRock affiliation . |
| Contract term/expiration | Not disclosed | — |
| Severance & Change-of-Control | Not disclosed | — |
| Non-compete / Non-solicit | Not disclosed | — |
| Clawback provisions | Not disclosed | — |
| Post-termination consulting | Not disclosed | — |
| Address of record | c/o BlackRock, Inc., 50 Hudson Yards, New York, NY 10001 | — |
Investment Implications
- Compensation alignment: Lisa Belle receives no compensation from MIY (and related Funds) in her officer capacity; compensation is paid by BlackRock, so Fund-level pay-for-performance linkage for her role is minimal .
- Insider selling pressure: With officers and Board Members collectively owning <1% of MIY’s common shares, direct insider selling pressure or vesting-driven trading signals appear limited at the fund level .
- Retention and change-of-control economics: Employment terms (including severance/change-of-control) are not disclosed for Lisa Belle at the Fund level; retention dynamics are more likely tied to BlackRock employment rather than MIY-specific governance outcomes .
- Governance and oversight: As AML Compliance Officer and an “interested person” through BlackRock affiliation, her remit emphasizes compliance risk management rather than Fund performance incentives; oversight remains with the Board, and officers serve at the Board’s pleasure .
Note: MIY’s 2025 DEF 14A does not present individual officer compensation tables, performance metrics, vesting schedules, pledging disclosures, or say-on-pay data for Lisa Belle; all unavailable items are omitted per disclosure .