| Blackrock MuniYield Quality - For The Tax Free Income |
Use investment instruments according to their design; municipal bonds are best for high-income US taxpayers seeking tax-free income. Municipal bonds offer tax advantages but come with credit risk, making diversified holdings or funds like BlackRock MuniYield Quality (MQY) essential. Closed-end funds like MQY are preferable for illiquid assets, avoiding forced sales during redemption waves, unlike open-ended funds. |
seekingalpha.com |
2025-04-27 20:03:43 |
Czytaj oryginał (ang.) |
| Distribution Dates and Amounts Announced for Certain BlackRock Closed-End Funds |
NEW YORK--(BUSINESS WIRE)--Certain BlackRock closed-end funds (the “Funds”) announced distributions today as detailed below. Municipal Funds: Declaration- 3/1/2024 Ex-Date- 3/14/2024 Record- 3/15/2024 Payable- 4/1/2024 National Funds Ticker Distribution Change From Prior Distribution BlackRock Municipal Income Quality Trust* BYM $0.052500 - BlackRock Long-Term Municipal Advantage Trust* BTA $0.043500 - BlackRock MuniAssets Fund, Inc.* MUA $0.055500 - BlackRock Municipal Income Fund, Inc. |
businesswire.com |
2024-03-01 18:30:00 |
Czytaj oryginał (ang.) |
| 3 Tax-Free Dividends To Buy In 2024 |
Today we're going to use a simple strategy to (legally!) beat the tax man. |
forbes.com |
2023-12-19 10:23:00 |
Czytaj oryginał (ang.) |
| Distribution Dates and Amounts Announced for Certain BlackRock Closed-End Funds |
NEW YORK--(BUSINESS WIRE)--Certain BlackRock closed-end funds (the “Funds”) announced distributions today as detailed below. BlackRock Floating Rate Income Trust (NYSE: BGT), BlackRock Floating Rate Income Strategies Fund, Inc. (NYSE: FRA) and BlackRock Debt Strategies Fund, Inc. (NYSE: DSU) announced increases to their monthly distributions. Certain BlackRock municipal Funds previously declared their December, January and February distributions and declared special distributions today in order. |
businesswire.com |
2023-12-05 19:00:00 |
Czytaj oryginał (ang.) |
| Municipal Bond CEF Update Aug 2023: Valuations Are Incredible |
Municipal bonds experienced a drop in 2022 due to rising interest rates, presenting a buying opportunity. Muni closed-end funds have higher portfolio yields, but net investment income has been affected by increased leverage costs. Muni CEFs have upside potential once interest rates normalize, but individual munis offer lower risk and higher yields. |
seekingalpha.com |
2023-09-06 11:00:00 |
Czytaj oryginał (ang.) |
| Distribution Dates and Amounts Announced for Certain BlackRock Closed-End Funds |
NEW YORK--(BUSINESS WIRE)--Certain BlackRock closed-end funds (the “Funds”) announced distributions today as detailed below. Municipal Funds: Declaration- 5/1/2023 Ex-Date- 5/12/2023 Record- 5/15/2023 Payable- 6/1/2023 National Funds Ticker Distribution Change From Prior Distribution BlackRock Municipal Income Quality Trust* BYM $0.038000 - BlackRock Long-Term Municipal Advantage Trust BTA $0.043500 - BlackRock MuniAssets Fund, Inc.* MUA $0.040500 - BlackRock Municipal Income Fund, Inc. MUI $0.034000 - BlackRock Municipal Income Trust BFK $0.030500 - BlackRock Investment Quality Municipal Trust, Inc.* BKN $0.039500 - BlackRock Municipal Income Trust II* BLE $0.034000 - BlackRock Municipal 2030 Target Term Trust BTT $0.056400 - BlackRock MuniHoldings Fund MHD $0.035500 - BlackRock MuniYield Quality Fund II, Inc.* MQT $0.035000 - BlackRock MuniYield Quality Fund, Inc.* MQY $0.043500 - BlackRock MuniHoldings Quality Fund II, Inc. MUE $0.029000 - BlackRock MuniVest Fund II, Inc. MVT $0.031500 - BlackRock MuniYield Fund, Inc.* MYD $0.036500 - BlackRock MuniYield Quality Fund III, Inc. MYI $0.040500 - BlackRock MuniVest Fund, Inc.* MVF $0.021000 - BlackRock 2037 Municipal Target Term Trust BMN $0.093750 - State-Specific Funds Ticker Distribution Change From Prior Distribution BlackRock MuniHoldings California Quality Fund, Inc. MUC $0.033500 - BlackRock California Municipal Income Trust BFZ $0.039000 - BlackRock MuniYield Michigan Quality Fund, Inc.* MIY $0.034500 - BlackRock MuniHoldings New Jersey Quality Fund, Inc.* MUJ $0.037500 - BlackRock MuniHoldings New York Quality Fund, Inc.* MHN $0.033500 - BlackRock MuniYield New York Quality Fund, Inc.* MYN $0.031500 - BlackRock New York Municipal Income Trust* BNY $0.030500 - BlackRock MuniYield Pennsylvania Quality Fund* MPA $0.034000 - BlackRock Virginia Municipal Bond Trust* BHV $0.026500 - Taxable Municipal Fund: Declaration- 5/1/2023 Ex-Date- 5/12/2023 Record- 5/15/2023 Payable- 5/31/2023 Fund Ticker Distribution Change From Prior Distribution BlackRock Taxable Municipal Bond Trust* BBN $0.102900 - Taxable Fixed Income Funds: Declaration- 5/1/2023 Ex-Date- 5/12/2023 Record- 5/15/2023 Payable- 5/31/2023 Fund Ticker Distribution Change From Prior Distribution BlackRock Floating Rate Income Trust BGT $0.108300 - BlackRock Core Bond Trust* BHK $0.074600 - BlackRock Multi-Sector Income Trust* BIT $0.123700 - BlackRock Income Trust, Inc.* BKT $0.088200 - BlackRock Limited Duration Income Trust* BLW $0.098100 - BlackRock Credit Allocation Income Trust* BTZ $0.083900 - BlackRock Debt Strategies Fund, Inc.* DSU $0.086800 - BlackRock Enhanced Government Fund, Inc.* EGF $0.041000 - BlackRock Floating Rate Income Strategies Fund, Inc. FRA $0.111600 - BlackRock Corporate High Yield Fund, Inc.* HYT $0.077900 - Equity Funds: Declaration- 5/1/2023 Ex-Date- 5/12/2023 Record- 5/15/2023 Payable- 5/31/2023 Fund Ticker Distribution Change From Prior Distribution BlackRock Resources & Commodities Strategy Trust* BCX $0.051800 - BlackRock Enhanced Equity Dividend Trust* BDJ $0.056200 - BlackRock Energy and Resources Trust* BGR $0.065700 - BlackRock Enhanced International Dividend Trust* BGY $0.033800 - BlackRock Health Sciences Trust* BME $0.213000 - BlackRock Health Sciences Term Trust* BMEZ $0.145000 - BlackRock Enhanced Global Dividend Trust* BOE $0.063000 - BlackRock Utilities, Infrastructure & Power Opportunities Trust* BUI $0.121000 - BlackRock Enhanced Capital and Income Fund, Inc.* CII $0.099500 - BlackRock Science and Technology Trust* BST $0.250000 - BlackRock Science and Technology Term Trust* BSTZ $0.161300 - BlackRock Innovation and Growth Term Trust* BIGZ $0.070000 - Multi-Asset Funds: Declaration- 5/1/2023 Ex-Date- 5/12/2023 Record- 5/15/2023 Payable- 5/31/2023 Fund Ticker Distribution Change From Prior Distribution BlackRock Capital Allocation Term Trust* BCAT $0.127500 - BlackRock ESG Capital Allocation Term Trust* ECAT $0.125000 - * In order to comply with the requirements of Section 19 of the Investment Company Act of 1940, as amended (the “1940 Act”), each of the Funds noted above posted to the DTC bulletin board and sent to its shareholders of record as of the applicable record date a Section 19 notice with the previous distribution payment. The Section 19 notice was provided for informational purposes only and not for tax reporting purposes. This information can be found in the “Closed-End Funds” section of www.blackrock.com. As applicable, the final determination of the source and tax characteristics of all distributions in 2023 will be made after the end of the year. BlackRock Resources & Commodities Strategy Trust (NYSE: BCX), BlackRock Enhanced Equity Dividend Trust (NYSE: BDJ), BlackRock Energy and Resources Trust (NYSE: BGR), BlackRock Enhanced International Dividend Trust (NYSE: BGY), BlackRock Health Sciences Trust (NYSE: BME), BlackRock Health Sciences Term Trust (NYSE: BMEZ), BlackRock Enhanced Global Dividend Trust (NYSE: BOE), BlackRock Utilities, Infrastructure & Power Opportunities Trust (NYSE: BUI), BlackRock Enhanced Capital and Income Fund, Inc. (NYSE: CII), BlackRock Science and Technology Trust (NYSE: BST), BlackRock Science and Technology Term Trust (NYSE: BSTZ), BlackRock Innovation and Growth Term Trust (NYSE: BIGZ), BlackRock Enhanced Government Fund, Inc. (NYSE: EGF), BlackRock Debt Strategies Fund, Inc. (NYSE: DSU), BlackRock Floating Rate Income Strategies Fund, Inc. (NYSE: FRA), BlackRock Floating Rate Income Trust (NYSE: BGT), BlackRock Corporate High Yield Fund, Inc. (NYSE: HYT), BlackRock Credit Allocation Income Trust (NYSE: BTZ), BlackRock Limited Duration Income Trust (NYSE: BLW), BlackRock Core Bond Trust (NYSE: BHK), BlackRock Multi-Sector Income Trust (NYSE: BIT), BlackRock Capital Allocation Term Trust (NYSE: BCAT), and BlackRock ESG Capital Allocation Term Trust (NYSE: ECAT) (collectively, the “Plan Funds”) have adopted a managed distribution plan (a “Plan”) to support a level distribution of income, capital gains and/or return of capital. The fixed amounts distributed per share are subject to change at the discretion of each Plan Fund’s Board of Directors/Trustees. Under its Plan, each Plan Fund will distribute all available investment income to its shareholders, consistent with its investment objectives and as required by the Internal Revenue Code of 1986, as amended (the “Code”). If sufficient investment income is not available on a monthly basis, each Plan Fund will distribute long-term capital gains and/or return capital to its shareholders in order to maintain a level distribution. The Funds’ estimated sources of the distributions paid this month and for their current fiscal year are as follows: Estimated Allocations as of April 28, 2023 Fund Distribution Net Income Net Realized Short-Term Gains Net Realized Long-Term Gains Return of Capital BCX1 $0.051800 $0.023377 (45%) $0 (0%) $0 (0%) $0.028423 (55%) BDJ $0.056200 $0.016209 (29%) $0.027753 (49%) $0.012238 (22%) $0 (0%) BGR1 $0.065700 $0.027266 (42%) $0 (0%) $0 (0%) $0.038434 (58%) BGY1 $0.033800 $0.022310 (66%) $0 (0%) $0 (0%) $0.011490 (34%) BME $0.213000 $0.010252 (5%) $0.031606 (15%) $0.171142 (80%) $0 (0%) BMEZ1 $0.145000 $0 (0%) $0 (0%) $0 (0%) $0.145000 (100%) BOE1 $0.063000 $0.056225 (89%) $0 (0%) $0 (0%) $0.006775 (11%) BUI1 $0.121000 $0 (0%) $0.062667 (52%) $0.058333 (48%) $0 (0%) CII $0.099500 $0.004267 (4%) $0.072886 (74%) $0.022347 (22%) $0 (0%) BST1 $0.250000 $0 (0%) $0 (0%) $0.011870 (5%) $0.238130 (95%) BSTZ1 $0.161300 $0 (0%) $0 (0%) $0.011720 (7%) $0.149580 (93%) BIGZ1 $0.070000 $0 (0%) $0 (0%) $0 (0%) $0.070000 (100%) EGF1 $0.041000 $0.032521 (79%) $0 (0%) $0 (0%) $0.008479 (21%) DSU1 $0.086800 $0.078727 (91%) $0 (0%) $0 (0%) $0.008073 (9%) FRA $0.111600 $0.099467 (89%) $0 (0%) $0 (0%) $0.012133 (11%) BGT $0.108300 $0.097584 (90%) $0 (0%) $0 (0%) $0.010716 (10%) HYT1 $0.077900 $0.053298 (68%) $0 (0%) $0 (0%) $0.024602 (32%) BTZ1 $0.083900 $0.046882 (56%) $0 (0%) $0 (0%) $0.037018 (44%) BLW1 $0.098100 $0.088248 (90%) $0 (0%) $0 (0%) $0.009852 (10%) BHK1 $0.074600 $0.046408 (62%) $0 (0%) $0 (0%) $0.028192 (38%) BIT1 $0.123700 $0.071206 (58%) $0 (0%) $0 (0%) $0.052494 (42%) BCAT1 $0.127500 $0.038356 (30%) $0 (0%) $0 (0%) $0.089144 (70%) ECAT1 $0.125000 $0 (0%) $0 (0%) $0 (0%) $0.125000 (100%) Estimated Allocations for the Fiscal Year through April 28, 2023 Fund Distribution Net Income Net Realized Short-Term Gains Net Realized Long-Term Gains Return of Capital BCX1 $0.207200 $0.069590 (34%) $0 (0%) $0 (0%) $0.137610 (66%) BDJ $0.224800 $0.147390 (66%) $0.036130 (16%) $0.041280 (18%) $0 (0%) BGR1 $0.248400 $0.117180 (47%) $0 (0%) $0 (0%) $0.131220 (53%) BGY1 $0.135200 $0.022310 (17%) $0 (0%) $0 (0%) $0.112890 (83%) BME $0.852000 $0.051020 (6%) $0.264820 (31%) $0.536160 (63%) $0 (0%) BMEZ1 $0.580000 $0 (0%) $0 (0%) $0 (0%) $0.580000 (100%) BOE1 $0.252000 $0.076470 (30%) $0 (0%) $0 (0%) $0.175530 (70%) BUI1 $0.484000 $0.093460 (19%) $0.062670 (13%) $0.212850 (44%) $0.115020 (24%) CII $0.398000 $0.031860 (8%) $0.237280 (60%) $0.128860 (32%) $0 (0%) BST1 $1.000000 $0 (0%) $0 (0%) $0.011870 (1%) $0.988130 (99%) BSTZ1 $0.706600 $0 (0%) $0 (0%) $0.481050 (68%) $0.225550 (32%) BIGZ1 $0.280000 $0 (0%) $0 (0%) $0 (0%) $0.280000 (100%) EGF1 $0.164000 $0.079416 (48%) $0 (0%) $0 (0%) $0.084584 (52%) DSU1 $0.314600 $0.301621 (96%) $0 (0%) $0 (0%) $0.012979 (4%) FRA $0.384000 $0.384000 (100%) $0 (0%) $0 (0%) $0 (0%) BGT $0.372800 $0.372800 (100%) $0 (0%) $0 (0%) $0 (0%) HYT1 $0.311600 $0.205675 (66%) $0 (0%) $0 (0%) $0.105925 (34%) BTZ1 $0.335600 $0.201812 (60%) $0 (0%) $0 (0%) $0.133788 (40%) BLW1 $0.392400 $0.305575 (78%) $0 (0%) $0 (0%) $0.086825 (22%) BHK1 $0.298400 $0.160439 (54%) $0 (0%) $0 (0%) $0.137961 (46%) BIT1 $0.742200 $0.429748 (58%) $0 (0%) $0 (0%) $0.312452 (42%) BCAT1 $0.486600 $0.052887 (11%) $0 (0%) $0 (0%) $0.433713 (89%) ECAT1 $0.475000 $0 (0%) $0 (0%) $0 (0%) $0.475000 (100%) 1The Fund estimates that it has distributed more than its income and net-realized capital gains in the current fiscal year; therefore, a portion of your distribution may be a return of capital. A return of capital may occur, for example, when some or all of the shareholder’s investment is paid back to the shareholder. A return of capital distribution does not necessarily reflect the Fund's investment performance and should not be confused with ‘yield’ or ‘income’. When distributions exceed total return performance, the difference will reduce the Fund’s net asset value per share. The amounts and sources of distributions reported are only estimates and are being provided to you pursuant to regulatory requirements and are not being provided for tax reporting purposes. The actual amounts and sources of the amounts for tax reporting purposes will depend upon each Fund’s investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. The Fund will send you a Form 1099-DIV for the calendar year that will tell you how to report these distributions for federal income tax purposes. Fund Performance and Distribution Rate Information: Fund Average annual total return (in relation to NAV) for the 5-year period ending on 3/31/2023 Annualized current distribution rate expressed as a percentage of NAV as of 3/31/2023 Cumulative total return (in relation to NAV) for the fiscal year through 3/31/2023 Cumulative fiscal year distributions as a percentage of NAV as of 3/31/2023 BCX 9.38% 5.65% (0.53)% 1.41% BDJ 6.86% 7.81% 0.64% 1.95% BGR 5.52% 5.75% (2.06)% 1.33% BGY 6.09% 6.51% 9.80% 1.63% BME 9.94% 6.10% (1.68)% 1.52% BMEZ* 5.14% 9.31% 2.22% 2.33% BOE 5.72% 6.60% 6.42% 1.65% BUI 9.57% 6.32% 4.35% 1.58% CII 9.63% 6.52% 6.11% 1.63% BST 9.88% 9.41% 12.15% 2.35% BSTZ* 8.88% 9.41% 8.47% 2.65% BIGZ* (25.79)% 9.11% 7.41% 2.28% EGF (1.47)% 4.71% 1.82% 1.18% DSU 4.37% 9.79% 4.31% 2.14% FRA 4.19% 10.29% 4.05% 2.09% BGT 4.22% 10.29% 4.04% 2.09% HYT 4.07% 9.89% 4.85% 2.47% BTZ 2.89% 8.80% 4.64% 2.20% BLW 3.50% 8.59% 3.71% 2.15% BHK 1.44% 7.99% 5.03% 2.00% BIT 3.89% 10.10% 4.48% 4.21% BCAT* 0.51% 8.95% 3.80% 2.10% ECAT* (1.84)% 8.61% 7.34% 2.01% * Portfolio launched within the past 5 years; the performance and distribution rate information presented for this Fund reflects data from inception to 3/31/2023. Shareholders should not draw any conclusions about a Fund’s investment performance from the amount of the Fund’s current distributions or from the terms of the Fund’s Plan. BlackRock Income Trust, Inc. (NYSE: BKT) and BlackRock Taxable Municipal Bond Trust (NYSE: BBN) have adopted a Plan whereby the Fund will make fixed monthly distributions to common stockholders and will distribute all available net income to its stockholders, consistent with its investment objective and as required by the Code. The fixed amount distributed per share is subject to change at the discretion of BKT and BBN’s Board. If sufficient net income is not available on a monthly basis, a Fund will distribute long-term capital gains and/or return capital to its stockholders in order to maintain a level distribution. BKT and BBN are currently not relying on any exemptive relief from Section 19(b) of the Investment Company Act of 1940, as amended (the “1940 Act”). Each Fund expects that distributions under the Plan will exceed current income and capital gains and therefore will likely include a return of capital. BKT and BBN may make additional distributions from time to time, including additional capital gain distributions at the end of the taxable year, if required to meet requirements imposed by the Code and/or the 1940 Act. BKT and BBN’s estimated sources of the distributions paid as of April 28, 2023 and for its current fiscal year are as follows: Estimated Allocations as of April 28, 2023 Fund Distribution Net Income Net Realized Short-Term Gains Net Realized Long-Term Gains Return of Capital BKT2 $0.088200 $0.034947 (40%) $0 (0%) $0 (0%) $0.053253 (60%) BBN2 $0.102900 $0.072340 (70%) $0 (0%) $0 (0%) $0.030560 (30%) Estimated Allocations for the Fiscal Year through April 28, 2023 Fund Distribution Net Income Net Realized Short-Term Gains Net Realized Long-Term Gains Return of Capital BKT2 $0.352800 $0.139668 (40%) $0 (0%) $0 (0%) $0.213132 (60%) BBN2 $0.411600 $0.307446 (75%) $0 (0%) $0 (0%) $0.104154 (25%) 2The Fund estimates that it has distributed more than its income and net-realized capital gains in the current fiscal year; therefore, a portion of your distribution may be a return of capital. A return of capital may occur, for example, when some or all of the shareholder’s investment is paid back to the shareholder. A return of capital distribution does not necessarily reflect the Fund's investment performance and should not be confused with ‘yield’ or ‘income’. When distributions exceed total return performance, the difference will reduce the Fund’s net asset value per share. The amounts and sources of distributions reported are only estimates and are being provided to you pursuant to regulatory requirements and are not being provided for tax reporting purposes. The actual amounts and sources of the amounts for tax reporting purposes will depend upon BKT and BBN’s investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. BKT and BBN will send its stockholders a Form 1099-DIV for the calendar year that will illustrate how to report these distributions for federal income tax purposes. Fund Performance and Distribution Rate Information: Fund Average annual total return (in relation to NAV) for the 5-year period ending on 3/31/2023 Annualized current distribution rate expressed as a percentage of NAV as of 3/31/2023 Cumulative total return (in relation to NAV) for the fiscal year through 3/31/2023 Cumulative fiscal year distributions as a percentage of NAV as 3/31/2023 BKT (0.27)% 7.93% 4.02% 1.98% BBN 1.23% 6.78% 7.15% 1.69% No conclusions should be drawn about BKT or BBN’s investment performance from the amount of the Fund’s distributions or from the terms of the Fund’s Plan. The amount distributed per share under a Plan is subject to change at the discretion of the applicable Fund’s Board. Each Plan will be subject to ongoing review by the Board to determine whether the Plan should be continued, modified or terminated. The Board may amend the terms of a Plan or suspend or terminate a Plan at any time without prior notice to the Fund’s shareholders if it deems such actions to be in the best interest of the Fund or its shareholders. The amendment or termination of a Plan could have an adverse effect on the market price of the Fund's shares. About BlackRock BlackRock’s purpose is to help more and more people experience financial well-being. As a fiduciary to investors and a leading provider of financial technology, we help millions of people build savings that serve them throughout their lives by making investing easier and more affordable. For additional information on BlackRock, please visit www.blackrock.com/corporate Availability of Fund Updates BlackRock will update performance and certain other data for the Funds on a monthly basis on its website in the “Closed-end Funds” section of www.blackrock.com as well as certain other material information as necessary from time to time. Investors and others are advised to check the website for updated performance information and the release of other material information about the Funds. This reference to BlackRock’s website is intended to allow investors public access to information regarding the Funds and does not, and is not intended to, incorporate BlackRock’s website in this release. Forward-Looking Statements This press release, and other statements that BlackRock or a Fund may make, may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act, with respect to a Fund’s or BlackRock’s future financial or business performance, strategies or expectations. Forward-looking statements are typically identified by words or phrases such as “trend,” “potential,” “opportunity,” “pipeline,” “believe,” “comfortable,” “expect,” “anticipate,” “current,” “intention,” “estimate,” “position,” “assume,” “outlook,” “continue,” “remain,” “maintain,” “sustain,” “seek,” “achieve,” and similar expressions, or future or conditional verbs such as “will,” “would,” “should,” “could,” “may” or similar expressions. BlackRock cautions that forward-looking statements are subject to numerous assumptions, risks and uncertainties, which change over time. Forward-looking statements speak only as of the date they are made, and BlackRock assumes no duty to and does not undertake to update forward-looking statements. Actual results could differ materially from those anticipated in forward-looking statements and future results could differ materially from historical performance. With respect to the Funds, the following factors, among others, could cause actual events to differ materially from forward-looking statements or historical performance: (1) changes and volatility in political, economic or industry conditions, the interest rate environment, foreign exchange rates or financial and capital markets, which could result in changes in demand for the Funds or in a Fund’s net asset value; (2) the relative and absolute investment performance of a Fund and its investments; (3) the impact of increased competition; (4) the unfavorable resolution of any legal proceedings; (5) the extent and timing of any distributions or share repurchases; (6) the impact, extent and timing of technological changes; (7) the impact of legislative and regulatory actions and reforms, and regulatory, supervisory or enforcement actions of government agencies relating to a Fund or BlackRock, as applicable; (8) terrorist activities, international hostilities, health epidemics and/or pandemics and natural disasters, which may adversely affect the general economy, domestic and local financial and capital markets, specific industries or BlackRock; (9) BlackRock’s ability to attract and retain highly talented professionals; (10) the impact of BlackRock electing to provide support to its products from time to time; and (11) the impact of problems at other financial institutions or the failure or negative performance of products at other financial institutions. Annual and Semi-Annual Reports and other regulatory filings of the Funds with the Securities and Exchange Commission (“SEC”) are accessible on the SEC's website at www.sec.gov and on BlackRock’s website at www.blackrock.com, and may discuss these or other factors that affect the Funds. The information contained on BlackRock’s website is not a part of this press release. |
businesswire.com |
2023-05-01 20:30:00 |
Czytaj oryginał (ang.) |
| BlackRock to Host Municipal Closed-End Fund Update Call on April 6, 2023 at 2:00pm ET |
NEW YORK--(BUSINESS WIRE)--BlackRock Advisors, LLC (“BlackRock”) will host a conference call on Thursday, April 6, 2023 at 2:00pm ET featuring Sean Carney, Head of Municipal Strategy, and Phil Soccio, Portfolio Manager for the Municipal Fixed Income business. Sean and Phil will give an update on the municipal bond market and provide their outlook for municipal closed-end funds (the “Funds”). Call details: Date Thursday, April 6, 2023 Time 2:00pm ET Dial in 1-323-701-0205 Passcode 584268 Automatic connection by phone Click here to be automatically connected Questions Please send questions to cef@blackrock.com For more information on BlackRock’s closed-end funds, please visit: www.blackrock.com/CEF Investing involves risks, including possible loss of principal. Carefully consider each Fund’s investment objective, risk factors and charges and expenses before investing. This and other information can be found in the Fund’s prospectus, if applicable, or shareholder report which may be obtained by visiting the SEC Edgar database. Read the prospectus, if applicable, or shareholder report carefully before investing. This material is for informational purposes only and is not intended to be relied upon as research or investment or tax advice, and is not a recommendation, offer or solicitation to purchase or sell any securities or to adopt any investment strategy, nor shall any securities be offered or sold to any person in any jurisdiction in which an offer, solicitation, purchase or sale would be unlawful under the securities laws of such jurisdiction. About BlackRock BlackRock’s purpose is to help more and more people experience financial well-being. As a fiduciary to investors and a leading provider of financial technology, we help millions of people build savings that serve them throughout their lives by making investing easier and more affordable. For additional information on BlackRock, please visit www.blackrock.com/corporate Availability of Fund Updates BlackRock will update performance and certain other data for the Funds on a monthly basis on its website in the “Closed-end Funds” section of www.blackrock.com as well as certain other material information as necessary from time to time. Investors and others are advised to check the website for updated performance information and the release of other material information about the Funds. This reference to BlackRock’s website is intended to allow investors public access to information regarding the Funds and does not, and is not intended to, incorporate BlackRock’s website in this release. Forward-Looking Statements This press release, and other statements that BlackRock or a Fund may make, may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act, with respect to a Fund’s or BlackRock’s future financial or business performance, strategies or expectations. Forward-looking statements are typically identified by words or phrases such as “trend,” “potential,” “opportunity,” “pipeline,” “believe,” “comfortable,” “expect,” “anticipate,” “current,” “intention,” “estimate,” “position,” “assume,” “outlook,” “continue,” “remain,” “maintain,” “sustain,” “seek,” “achieve,” and similar expressions, or future or conditional verbs such as “will,” “would,” “should,” “could,” “may” or similar expressions. BlackRock cautions that forward-looking statements are subject to numerous assumptions, risks and uncertainties, which change over time. Forward-looking statements speak only as of the date they are made, and BlackRock assumes no duty to and does not undertake to update forward-looking statements. Actual results could differ materially from those anticipated in forward-looking statements and future results could differ materially from historical performance. With respect to the Funds, the following factors, among others, could cause actual events to differ materially from forward-looking statements or historical performance: (1) changes and volatility in political, economic or industry conditions, the interest rate environment, foreign exchange rates or financial and capital markets, which could result in changes in demand for the Funds or in a Fund’s net asset value; (2) the relative and absolute investment performance of a Fund and its investments; (3) the impact of increased competition; (4) the unfavorable resolution of any legal proceedings; (5) the extent and timing of any distributions or share repurchases; (6) the impact, extent and timing of technological changes; (7) the impact of legislative and regulatory actions and reforms, and regulatory, supervisory or enforcement actions of government agencies relating to a Fund or BlackRock, as applicable; (8) terrorist activities, international hostilities, health epidemics and/or pandemics and natural disasters, which may adversely affect the general economy, domestic and local financial and capital markets, specific industries or BlackRock; (9) BlackRock’s ability to attract and retain highly talented professionals; (10) the impact of BlackRock electing to provide support to its products from time to time; and (11) the impact of problems at other financial institutions or the failure or negative performance of products at other financial institutions. Annual and Semi-Annual Reports and other regulatory filings of the Funds with the Securities and Exchange Commission (“SEC”) are accessible on the SEC's website at www.sec.gov and on BlackRock’s website at www.blackrock.com, and may discuss these or other factors that affect the Funds. The information contained on BlackRock’s website is not a part of this press release. NOT FDIC INSURED │ MAY LOSE VALUE │ NO BANK GUARANTEE Prepared by BlackRock Investments, LLC, member FINRA © 2023 BlackRock, Inc. or its affiliates. All Rights Reserved. BLACKROCK is a trademark of BlackRock, Inc. or its affiliates. All other trademarks are those of their respective owners. |
businesswire.com |
2023-04-05 20:30:00 |
Czytaj oryginał (ang.) |
| Distribution Dates and Amounts Announced for Certain BlackRock Closed-End Funds |
NEW YORK--(BUSINESS WIRE)--Certain BlackRock closed-end funds (the “Funds”) announced distributions today as detailed below. Municipal Funds: Declaration- 4/3/2023 Ex-Date- 4/13/2023 Record- 4/14/2023 Payable- 5/1/2023 National Funds Ticker Distribution Change From Prior Distribution BlackRock Municipal Income Quality Trust* BYM $0.038000 - BlackRock Long-Term Municipal Advantage Trust BTA $0.043500 - BlackRock MuniAssets Fund, Inc.* MUA $0.040500 - BlackRock Municipal Income Fund, Inc. MUI $0.034000 - BlackRock Municipal Income Trust BFK $0.030500 - BlackRock Investment Quality Municipal Trust, Inc.* BKN $0.039500 - BlackRock Municipal Income Trust II BLE $0.034000 - BlackRock Municipal 2030 Target Term Trust BTT $0.056400 - BlackRock MuniHoldings Fund MHD $0.035500 - BlackRock MuniYield Quality Fund II, Inc. MQT $0.035000 - BlackRock MuniYield Quality Fund, Inc.* MQY $0.043500 - BlackRock MuniHoldings Quality Fund II, Inc. MUE $0.029000 - BlackRock MuniVest Fund II, Inc. MVT $0.031500 - BlackRock MuniYield Fund, Inc.* MYD $0.036500 - BlackRock MuniYield Quality Fund III, Inc. MYI $0.040500 - BlackRock MuniVest Fund, Inc.* MVF $0.021000 - BlackRock 2037 Municipal Target Term Trust BMN $0.093750 - State-Specific Funds Ticker Distribution Change From Prior Distribution BlackRock MuniHoldings California Quality Fund, Inc.* MUC $0.033500 - BlackRock California Municipal Income Trust BFZ $0.039000 - BlackRock MuniYield Michigan Quality Fund, Inc.* MIY $0.034500 - BlackRock MuniHoldings New Jersey Quality Fund, Inc.* MUJ $0.037500 - BlackRock MuniHoldings New York Quality Fund, Inc.* MHN $0.033500 - BlackRock MuniYield New York Quality Fund, Inc.* MYN $0.031500 - BlackRock New York Municipal Income Trust* BNY $0.030500 - BlackRock MuniYield Pennsylvania Quality Fund* MPA $0.034000 - BlackRock Virginia Municipal Bond Trust BHV $0.026500 - Taxable Municipal Fund: Declaration- 4/3/2023 Ex-Date- 4/13/2023 Record- 4/14/2023 Payable- 4/28/2023 Fund Ticker Distribution Change From Prior Distribution BlackRock Taxable Municipal Bond Trust* BBN $0.102900 - Taxable Fixed Income Funds: Declaration- 4/3/2023 Ex-Date- 4/13/2023 Record- 4/14/2023 Payable- 4/28/2023 Fund Ticker Distribution Change From Prior Distribution BlackRock Floating Rate Income Trust BGT $0.108300 - BlackRock Core Bond Trust* BHK $0.074600 - BlackRock Multi-Sector Income Trust* BIT $0.123700 - BlackRock Income Trust, Inc.* BKT $0.088200 - BlackRock Limited Duration Income Trust* BLW $0.098100 - BlackRock Credit Allocation Income Trust* BTZ $0.083900 - BlackRock Debt Strategies Fund, Inc.* DSU $0.086800 - BlackRock Enhanced Government Fund, Inc.* EGF $0.041000 - BlackRock Floating Rate Income Strategies Fund, Inc. FRA $0.111600 - BlackRock Corporate High Yield Fund, Inc.* HYT $0.077900 - Equity Funds: Declaration- 4/3/2023 Ex-Date- 4/13/2023 Record- 4/14/2023 Payable- 4/28/2023 Fund Ticker Distribution Change From Prior Distribution BlackRock Resources & Commodities Strategy Trust* BCX $0.051800 - BlackRock Enhanced Equity Dividend Trust* BDJ $0.056200 - BlackRock Energy and Resources Trust* BGR $0.065700 - BlackRock Enhanced International Dividend Trust* BGY $0.033800 - BlackRock Health Sciences Trust* BME $0.213000 - BlackRock Health Sciences Trust II* BMEZ $0.145000 - BlackRock Enhanced Global Dividend Trust* BOE $0.063000 - BlackRock Utilities, Infrastructure & Power Opportunities Trust* BUI $0.121000 - BlackRock Enhanced Capital and Income Fund, Inc.* CII $0.099500 - BlackRock Science and Technology Trust* BST $0.250000 - BlackRock Science and Technology Trust II* BSTZ $0.161300 - BlackRock Innovation and Growth Trust* BIGZ $0.070000 - Multi-Asset Funds: Declaration- 4/3/2023 Ex-Date- 4/13/2023 Record- 4/14/2023 Payable- 4/28/2023 Fund Ticker Distribution Change From Prior Distribution BlackRock Capital Allocation Trust* BCAT $0.127500 - BlackRock ESG Capital Allocation Trust* ECAT $0.125000 - * In order to comply with the requirements of Section 19 of the Investment Company Act of 1940, as amended (the “1940 Act”), each of the Funds noted above posted to the DTC bulletin board and sent to its shareholders of record as of the applicable record date a Section 19 notice with the previous distribution payment. The Section 19 notice was provided for informational purposes only and not for tax reporting purposes. This information can be found in the “Closed-End Funds” section of www.blackrock.com. As applicable, the final determination of the source and tax characteristics of all distributions in 2023 will be made after the end of the year. BlackRock Resources & Commodities Strategy Trust (NYSE: BCX), BlackRock Enhanced Equity Dividend Trust (NYSE: BDJ), BlackRock Energy and Resources Trust (NYSE: BGR), BlackRock Enhanced International Dividend Trust (NYSE: BGY), BlackRock Health Sciences Trust (NYSE: BME), BlackRock Health Sciences Trust II (NYSE: BMEZ), BlackRock Enhanced Global Dividend Trust (NYSE: BOE), BlackRock Utilities, Infrastructure & Power Opportunities Trust (NYSE: BUI), BlackRock Enhanced Capital and Income Fund, Inc. (NYSE: CII), BlackRock Science and Technology Trust (NYSE: BST), BlackRock Science and Technology Trust II (NYSE: BSTZ), BlackRock Innovation and Growth Trust (NYSE: BIGZ), BlackRock Enhanced Government Fund, Inc. (NYSE: EGF) , BlackRock Debt Strategies Fund, Inc. (NYSE: DSU), BlackRock Floating Rate Income Strategies Fund, Inc. (NYSE: FRA), BlackRock Floating Rate Income Trust (NYSE: BGT), BlackRock Corporate High Yield Fund, Inc. (NYSE: HYT), BlackRock Credit Allocation Income Trust (NYSE: BTZ), BlackRock Limited Duration Income Trust (NYSE: BLW), BlackRock Core Bond Trust (NYSE: BHK), and BlackRock Multi-Sector Income Trust (NYSE: BIT) (collectively, the “Plan Funds”) have adopted a managed distribution plan (a “Plan”) to support a level distribution of income, capital gains and/or return of capital. The fixed amounts distributed per share are subject to change at the discretion of each Plan Fund’s Board of Directors/Trustees. Under its Plan, each Plan Fund will distribute all available investment income to its shareholders, consistent with its investment objectives and as required by the Internal Revenue Code of 1986, as amended (the “Code”). If sufficient investment income is not available on a monthly basis, each Plan Fund will distribute long-term capital gains and/or return capital to its shareholders in order to maintain a level distribution. The Funds’ estimated sources of the distributions paid this month and for their current fiscal year are as follows: Estimated Allocations as of March 31, 2023 Fund Distribution Net Income Net Realized Short-Term Gains Net Realized Long-Term Gains Return of Capital BCX1 $0.051800 $0.037237 (72%) $0 (0%) $0 (0%) $0.014563 (28%) BDJ $0.056200 $0.019747 (35%) $0.008380 (15%) $0.028073 (50%) $0 (0%) BGR1 $0.065700 $0.044889 (68%) $0 (0%) $0 (0%) $0.020811 (32%) BGY1 $0.033800 $0 (0%) $0 (0%) $0 (0%) $0.033800 (100%) BME $0.213000 $0.037319 (18%) $0.098105 (46%) $0.077576 (36%) $0 (0%) BMEZ1 $0.145000 $0 (0%) $0 (0%) $0 (0%) $0.145000 (100%) BOE1 $0.063000 $0.013357 (21%) $0 (0%) $0 (0%) $0.049643 (79%) BUI1 $0.121000 $0.043171 (36%) $0 (0%) $0.077829 (64%) $0 (0%) CII $0.099500 $0.012929 (13%) $0.017438 (18%) $0.069133 (69%) $0 (0%) BST1 $0.250000 $0 (0%) $0 (0%) $0 (0%) $0.250000 (100%) BSTZ1 $0.161300 $0 (0%) $0 (0%) $0.085334 (53%) $0.075966 (47%) BIGZ1 $0.070000 $0 (0%) $0 (0%) $0 (0%) $0.070000 (100%) EGF1 $0.041000 $0.018701 (46%) $0 (0%) $0 (0%) $0.022299 (54%) DSU1 $0.086800 $0.081894 (94%) $0 (0%) $0 (0%) $0.004906 (6%) FRA $0.111600 $0.093770 (84%) $0 (0%) $0 (0%) $0.017830 (16%) BGT $0.108300 $0.090481 (84%) $0 (0%) $0 (0%) $0.017819 (16%) HYT1 $0.077900 $0.052473 (67%) $0 (0%) $0 (0%) $0.025427 (33%) BTZ1 $0.083900 $0.049192 (59%) $0 (0%) $0 (0%) $0.034708 (41%) BLW1 $0.098100 $0.080568 (82%) $0 (0%) $0 (0%) $0.017532 (18%) BHK1 $0.074600 $0.041156 (55%) $0 (0%) $0 (0%) $0.033444 (45%) BIT1 $0.123700 $0.065013 (53%) $0 (0%) $0 (0%) $0.058687 (47%) BCAT1 $0.127500 $0.014531 (11%) $0 (0%) $0 (0%) $0.112969 (89%) ECAT1 $0.125000 $0 (0%) $0 (0%) $0 (0%) $0.125000 (100%) Estimated Allocations for the Fiscal Year through March 31, 2023 Fund Distribution Net Income Net Realized Short-Term Gains Net Realized Long-Term Gains Return of Capital BCX1 $0.155400 $0.046050 (30%) $0 (0%) $0 (0%) $0.109350 (70%) BDJ $0.168600 $0.131180 (78%) $0.008380 (5%) $0.029040 (17%) $0 (0%) BGR1 $0.182700 $0.089850 (49%) $0 (0%) $0 (0%) $0.092850 (51%) BGY1 $0.101400 $0 (0%) $0 (0%) $0 (0%) $0.101400 (100%) BME $0.639000 $0.040770 (6%) $0.233210 (36%) $0.365020 (58%) $0 (0%) BMEZ1 $0.435000 $0 (0%) $0 (0%) $0 (0%) $0.435000 (100%) BOE1 $0.189000 $0.020200 (11%) $0 (0%) $0 (0%) $0.168800 (89%) BUI1 $0.363000 $0.097790 (27%) $0 (0%) $0.134330 (37%) $0.130880 (36%) CII $0.298500 $0.027600 (9%) $0.164390 (55%) $0.106510 (36%) $0 (0%) BST1 $0.750000 $0 (0%) $0 (0%) $0 (0%) $0.750000 (100%) BSTZ1 $0.545300 $0 (0%) $0 (0%) $0.469330 (86%) $0.075970 (14%) BIGZ1 $0.210000 $0 (0%) $0 (0%) $0 (0%) $0.210000 (100%) EGF1 $0.123000 $0.046894 (38%) $0 (0%) $0 (0%) $0.076106 (62%) DSU1 $0.227800 $0.222894 (98%) $0 (0%) $0 (0%) $0.004906 (2%) FRA $0.272400 $0.272400 (100%) $0 (0%) $0 (0%) $0 (0%) BGT $0.264500 $0.264500 (100%) $0 (0%) $0 (0%) $0 (0%) HYT1 $0.233700 $0.152377 (65%) $0 (0%) $0 (0%) $0.081323 (35%) BTZ1 $0.251700 $0.154930 (62%) $0 (0%) $0 (0%) $0.096770 (38%) BLW1 $0.294300 $0.217327 (74%) $0 (0%) $0 (0%) $0.076973 (26%) BHK1 $0.223800 $0.114031 (51%) $0 (0%) $0 (0%) $0.109769 (49%) BIT1 $0.618500 $0.358542 (58%) $0 (0%) $0 (0%) $0.259958 (42%) BCAT1 $0.359100 $0.014531 (4%) $0 (0%) $0 (0%) $0.344569 (96%) ECAT1 $0.350000 $0 (0%) $0 (0%) $0 (0%) $0.350000 (100%) 1The Fund estimates that it has distributed more than its income and net-realized capital gains in the current fiscal year; therefore, a portion of your distribution may be a return of capital. A return of capital may occur, for example, when some or all of the shareholder’s investment is paid back to the shareholder. A return of capital distribution does not necessarily reflect the Fund's investment performance and should not be confused with ‘yield’ or ‘income’. When distributions exceed total return performance, the difference will reduce the Fund’s net asset value per share. The amounts and sources of distributions reported are only estimates and are being provided to you pursuant to regulatory requirements and are not being provided for tax reporting purposes. The actual amounts and sources of the amounts for tax reporting purposes will depend upon each Fund’s investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. The Fund will send you a Form 1099-DIV for the calendar year that will tell you how to report these distributions for federal income tax purposes. Fund Performance and Distribution Rate Information: Fund Average annual total return (in relation to NAV) for the 5-year period ending on 2/28/2023 Annualized current distribution rate expressed as a percentage of NAV as of 2/28/2023 Cumulative total return (in relation to NAV) for the fiscal year through 2/28/2023 Cumulative fiscal year distributions as a percentage of NAV as of 2/28/2023 BCX 9.43% 5.55% 0.74% 0.93% BDJ 6.82% 7.61% 2.64% 1.27% BGR 6.27% 5.65% (0.86)% 0.84% BGY 5.19% 6.72% 5.79% 1.12% BME 8.98% 6.24% (4.37)% 1.04% BMEZ* 4.63% 9.42% 0.26% 1.57% BOE 4.96% 6.70% 4.09% 1.12% BUI 9.29% 6.53% 0.54% 1.09% CII 8.81% 6.59% 4.31% 1.10% BST 8.69% 9.73% 7.58% 1.62% BSTZ* 8.51% 9.52% 6.34% 1.89% BIGZ* (26.86)% 9.05% 7.13% 1.51% EGF (1.62)% 4.75% 0.53% 0.79% DSU 4.33% 9.75% 3.76% 1.32% FRA 4.22% 10.22% 3.79% 1.23% BGT 4.25% 10.21% 3.87% 1.23% HYT 3.64% 9.98% 3.03% 1.66% BTZ 2.47% 8.87% 2.99% 1.48% BLW 3.20% 8.64% 2.26% 1.44% BHK 1.06% 8.12% 2.55% 1.35% BIT 3.43% 10.04% 4.31% 3.35% BCAT* 0.23% 8.94% 3.04% 1.35% ECAT* (4.20)% 8.82% 3.84% 1.32% * Portfolio launched within the past 5 years; the performance and distribution rate information presented for this Fund reflects data from inception to 2/28/2023. Shareholders should not draw any conclusions about a Fund’s investment performance from the amount of the Fund’s current distributions or from the terms of the Fund’s Plan. BlackRock Income Trust, Inc. (NYSE: BKT) and BlackRock Taxable Municipal Bond Trust (NYSE: BBN) have adopted a Plan whereby the Fund will make fixed monthly distributions to common stockholders and will distribute all available net income to its stockholders, consistent with its investment objective and as required by the Code. The fixed amount distributed per share is subject to change at the discretion of BKT and BBN’s Board. If sufficient net income is not available on a monthly basis, a Fund will distribute long-term capital gains and/or return capital to its stockholders in order to maintain a level distribution. BKT and BBN are currently not relying on any exemptive relief from Section 19(b) of the Investment Company Act of 1940, as amended (the “1940 Act”). Each Fund expects that distributions under the Plan will exceed current income and capital gains and therefore will likely include a return of capital. BKT and BBN may make additional distributions from time to time, including additional capital gain distributions at the end of the taxable year, if required to meet requirements imposed by the Code and/or the 1940 Act. BKT and BBN’s estimated sources of the distributions paid as of March 31, 2023 and for its current fiscal year are as follows: Estimated Allocations as of March 31, 2023 Fund Distribution Net Income Net Realized Short-Term Gains Net Realized Long-Term Gains Return of Capital BKT2 $0.088200 $0.031827 (36%) $0 (0%) $0 (0%) $0.056373 (64%) BBN2 $0.102900 $0.072758 (71%) $0 (0%) $0 (0%) $0.030142 (29%) Estimated Allocations for the Fiscal Year through March 31, 2023 Fund Distribution Net Income Net Realized Short-Term Gains Net Realized Long-Term Gains Return of Capital BKT2 $0.264600 $0.104722 (40%) $0 (0%) $0 (0%) $0.159878 (60%) BBN2 $0.308700 $0.235129 (76%) $0 (0%) $0 (0%) $0.073571 (24%) 2The Fund estimates that it has distributed more than its income and net-realized capital gains in the current fiscal year; therefore, a portion of your distribution may be a return of capital. A return of capital may occur, for example, when some or all of the shareholder’s investment is paid back to the shareholder. A return of capital distribution does not necessarily reflect the Fund's investment performance and should not be confused with ‘yield’ or ‘income’. When distributions exceed total return performance, the difference will reduce the Fund’s net asset value per share. The amounts and sources of distributions reported are only estimates and are being provided to you pursuant to regulatory requirements and are not being provided for tax reporting purposes. The actual amounts and sources of the amounts for tax reporting purposes will depend upon BKT and BBN’s investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. BKT and BBN will send its stockholders a Form 1099-DIV for the calendar year that will illustrate how to report these distributions for federal income tax purposes. Fund Performance and Distribution Rate Information: Fund Average annual total return (in relation to NAV) for the 5-year period ending on 2/28/2023 Annualized current distribution rate expressed as a percentage of NAV as of 2/28/2023 Cumulative total return (in relation to NAV) for the fiscal year through 2/28/2023 Cumulative fiscal year distributions as a percentage of NAV as 2/28/2023 BKT (0.84)% 8.12% 0.91% 1.35% BBN 1.12% 6.90% 4.67% 1.15% No conclusions should be drawn about BKT or BBN’s investment performance from the amount of the Fund’s distributions or from the terms of the Fund’s Plan. The amount distributed per share under a Plan is subject to change at the discretion of the applicable Fund’s Board. Each Plan will be subject to ongoing review by the Board to determine whether the Plan should be continued, modified or terminated. The Board may amend the terms of a Plan or suspend or terminate a Plan at any time without prior notice to the Fund’s shareholders if it deems such actions to be in the best interest of the Fund or its shareholders. The amendment or termination of a Plan could have an adverse effect on the market price of the Fund's shares. About BlackRock BlackRock’s purpose is to help more and more people experience financial well-being. As a fiduciary to investors and a leading provider of financial technology, we help millions of people build savings that serve them throughout their lives by making investing easier and more affordable. For additional information on BlackRock, please visit www.blackrock.com/corporate Availability of Fund Updates BlackRock will update performance and certain other data for the Funds on a monthly basis on its website in the “Closed-end Funds” section of www.blackrock.com as well as certain other material information as necessary from time to time. Investors and others are advised to check the website for updated performance information and the release of other material information about the Funds. This reference to BlackRock’s website is intended to allow investors public access to information regarding the Funds and does not, and is not intended to, incorporate BlackRock’s website in this release. Forward-Looking Statements This press release, and other statements that BlackRock or a Fund may make, may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act, with respect to a Fund’s or BlackRock’s future financial or business performance, strategies or expectations. Forward-looking statements are typically identified by words or phrases such as “trend,” “potential,” “opportunity,” “pipeline,” “believe,” “comfortable,” “expect,” “anticipate,” “current,” “intention,” “estimate,” “position,” “assume,” “outlook,” “continue,” “remain,” “maintain,” “sustain,” “seek,” “achieve,” and similar expressions, or future or conditional verbs such as “will,” “would,” “should,” “could,” “may” or similar expressions. BlackRock cautions that forward-looking statements are subject to numerous assumptions, risks and uncertainties, which change over time. Forward-looking statements speak only as of the date they are made, and BlackRock assumes no duty to and does not undertake to update forward-looking statements. Actual results could differ materially from those anticipated in forward-looking statements and future results could differ materially from historical performance. With respect to the Funds, the following factors, among others, could cause actual events to differ materially from forward-looking statements or historical performance: (1) changes and volatility in political, economic or industry conditions, the interest rate environment, foreign exchange rates or financial and capital markets, which could result in changes in demand for the Funds or in a Fund’s net asset value; (2) the relative and absolute investment performance of a Fund and its investments; (3) the impact of increased competition; (4) the unfavorable resolution of any legal proceedings; (5) the extent and timing of any distributions or share repurchases; (6) the impact, extent and timing of technological changes; (7) the impact of legislative and regulatory actions and reforms, and regulatory, supervisory or enforcement actions of government agencies relating to a Fund or BlackRock, as applicable; (8) terrorist activities, international hostilities, health epidemics and/or pandemics and natural disasters, which may adversely affect the general economy, domestic and local financial and capital markets, specific industries or BlackRock; (9) BlackRock’s ability to attract and retain highly talented professionals; (10) the impact of BlackRock electing to provide support to its products from time to time; and (11) the impact of problems at other financial institutions or the failure or negative performance of products at other financial institutions. Annual and Semi-Annual Reports and other regulatory filings of the Funds with the Securities and Exchange Commission (“SEC”) are accessible on the SEC's website at www.sec.gov and on BlackRock’s website at www.blackrock.com, and may discuss these or other factors that affect the Funds. The information contained on BlackRock’s website is not a part of this press release. |
businesswire.com |
2023-04-03 21:00:00 |
Czytaj oryginał (ang.) |
| Distribution Dates and Amounts Announced for Certain BlackRock Closed-End Funds |
NEW YORK--(BUSINESS WIRE)--Certain BlackRock closed-end funds (the “Funds”) announced distributions today as detailed below. BlackRock Floating Rate Income Trust (NYSE: BGT), BlackRock Floating Rate Income Strategies Fund, Inc. (NYSE: FRA), BlackRock Debt Strategies Fund, Inc. (NYSE: DSU) and BlackRock Energy and Resources Trust (NYSE: BGR) announced increases to their monthly distributions, and BlackRock Science and Technology Trust II (NYSE: BSTZ) and certain municipal Funds announced decreases to their monthly distributions. Generally, these distribution changes were made in order to better align the applicable Fund’s distribution rate with its current and projected level of earnings. Municipal Funds: Declaration- 3/1/2023 Ex-Date- 3/14/2023 Record- 3/15/2023 Payable- 4/3/2023 National Funds Ticker Distribution Change From Prior Distribution BlackRock Municipal Income Quality Trust BYM $0.038000 - BlackRock Long-Term Municipal Advantage Trust BTA $0.043500 - BlackRock MuniAssets Fund, Inc. MUA $0.040500 (0.005000) BlackRock Municipal Income Fund, Inc. MUI $0.034000 - BlackRock Municipal Income Trust BFK $0.030500 (0.006000) BlackRock Investment Quality Municipal Trust, Inc.* BKN $0.039500 (0.005000) BlackRock Municipal Income Trust II BLE $0.034000 (0.003000) BlackRock Municipal 2030 Target Term Trust BTT $0.056400 - BlackRock MuniHoldings Fund MHD $0.035500 (0.005500) BlackRock MuniYield Quality Fund II, Inc. MQT $0.035000 (0.002500) BlackRock MuniYield Quality Fund, Inc. MQY $0.043500 (0.003500) BlackRock MuniHoldings Quality Fund II, Inc. MUE $0.029000 (0.004500) BlackRock MuniVest Fund II, Inc. MVT $0.031500 (0.004000) BlackRock MuniYield Fund, Inc. MYD $0.036500 (0.004000) BlackRock MuniYield Quality Fund III, Inc. MYI $0.040500 - BlackRock MuniVest Fund, Inc. MVF $0.021000 - BlackRock 2037 Municipal Target Term Trust BMN $0.093750 - State-Specific Funds Ticker Distribution Change From Prior Distribution BlackRock MuniHoldings California Quality Fund, Inc. MUC $0.033500 (0.005000) BlackRock California Municipal Income Trust BFZ $0.039000 - BlackRock MuniYield Michigan Quality Fund, Inc. MIY $0.034500 (0.006000) BlackRock MuniHoldings New Jersey Quality Fund, Inc. MUJ $0.037500 (0.004500) BlackRock MuniHoldings New York Quality Fund, Inc. MHN $0.033500 (0.003000) BlackRock MuniYield New York Quality Fund, Inc. MYN $0.031500 (0.004000) BlackRock New York Municipal Income Trust BNY $0.030500 (0.007000) BlackRock MuniYield Pennsylvania Quality Fund MPA $0.034000 - BlackRock Virginia Municipal Bond Trust BHV $0.026500 (0.003000) Taxable Municipal Fund: Declaration- 3/1/2023 Ex-Date- 3/14/2023 Record- 3/15/2023 Payable- 3/31/2023 Fund Ticker Distribution Change From Prior Distribution BlackRock Taxable Municipal Bond Trust* BBN $0.102900 - Taxable Fixed Income Funds: Declaration- 3/1/2023 Ex-Date- 3/14/2023 Record- 3/15/2023 Payable- 3/31/2023 Fund Ticker Distribution Change From Prior Distribution BlackRock Floating Rate Income Trust BGT $0.108300 +0.030200 BlackRock Core Bond Trust* BHK $0.074600 - BlackRock Multi-Sector Income Trust* BIT $0.123700 - BlackRock Income Trust, Inc.* BKT $0.088200 - BlackRock Limited Duration Income Trust* BLW $0.098100 - BlackRock Credit Allocation Income Trust* BTZ $0.083900 - BlackRock Debt Strategies Fund, Inc. DSU $0.086800 +0.016300 BlackRock Enhanced Government Fund, Inc.* EGF $0.041000 - BlackRock Floating Rate Income Strategies Fund, Inc. FRA $0.111600 +0.031200 BlackRock Corporate High Yield Fund, Inc.* HYT $0.077900 - Equity Funds: Declaration- 3/1/2023 Ex-Date- 3/14/2023 Record- 3/15/2023 Payable- 3/31/2023 Fund Ticker Distribution Change From Prior Distribution BlackRock Resources & Commodities Strategy Trust* BCX $0.051800 - BlackRock Enhanced Equity Dividend Trust* BDJ $0.056200 - BlackRock Energy and Resources Trust* BGR $0.065700 +0.007200 BlackRock Enhanced International Dividend Trust* BGY $0.033800 - BlackRock Health Sciences Trust* BME $0.213000 - BlackRock Health Sciences Trust II* BMEZ $0.145000 - BlackRock Enhanced Global Dividend Trust* BOE $0.063000 - BlackRock Utilities, Infrastructure & Power Opportunities Trust* BUI $0.121000 - BlackRock Enhanced Capital and Income Fund, Inc.* CII $0.099500 - BlackRock Science and Technology Trust* BST $0.250000 - BlackRock Science and Technology Trust II* BSTZ $0.161300 (0.030700) BlackRock Innovation and Growth Trust* BIGZ $0.070000 - Multi-Asset Funds: Declaration- 3/1/2023 Ex-Date- 3/14/2023 Record- 3/15/2023 Payable- 3/31/2023 Fund Ticker Distribution Change From Prior Distribution BlackRock Capital Allocation Trust* BCAT $0.127500 - BlackRock ESG Capital Allocation Trust* ECAT $0.125000 - * In order to comply with the requirements of Section 19 of the Investment Company Act of 1940, as amended (the “1940 Act”), each of the Funds noted above posted to the DTC bulletin board and sent to its shareholders of record as of the applicable record date a Section 19 notice with the previous distribution payment. The Section 19 notice was provided for informational purposes only and not for tax reporting purposes. This information can be found in the “Closed-End Funds” section of www.blackrock.com. As applicable, the final determination of the source and tax characteristics of all distributions in 2023 will be made after the end of the year. BlackRock Resources & Commodities Strategy Trust (NYSE: BCX), BlackRock Enhanced Equity Dividend Trust (NYSE: BDJ), BlackRock Energy and Resources Trust (NYSE: BGR), BlackRock Enhanced International Dividend Trust (NYSE: BGY), BlackRock Health Sciences Trust (NYSE: BME), BlackRock Health Sciences Trust II (NYSE: BMEZ), BlackRock Enhanced Global Dividend Trust (NYSE: BOE), BlackRock Utilities, Infrastructure & Power Opportunities Trust (NYSE: BUI), BlackRock Enhanced Capital and Income Fund, Inc. (NYSE: CII), BlackRock Science and Technology Trust (NYSE: BST), BlackRock Science and Technology Trust II (NYSE: BSTZ), BlackRock Innovation and Growth Trust (NYSE: BIGZ), BlackRock Enhanced Government Fund, Inc. (NYSE: EGF) , BlackRock Debt Strategies Fund, Inc. (NYSE: DSU), BlackRock Floating Rate Income Strategies Fund, Inc. (NYSE: FRA), BlackRock Floating Rate Income Trust (NYSE: BGT), BlackRock Corporate High Yield Fund, Inc. (NYSE: HYT), BlackRock Credit Allocation Income Trust (NYSE: BTZ), BlackRock Limited Duration Income Trust (NYSE: BLW), BlackRock Core Bond Trust (NYSE: BHK), and BlackRock Multi-Sector Income Trust (NYSE: BIT) (collectively, the “Plan Funds”) have adopted a managed distribution plan (a “Plan”) to support a level distribution of income, capital gains and/or return of capital. The fixed amounts distributed per share are subject to change at the discretion of each Plan Fund’s Board of Directors/Trustees. Under its Plan, each Plan Fund will distribute all available investment income to its shareholders, consistent with its investment objectives and as required by the Internal Revenue Code of 1986, as amended (the “Code”). If sufficient investment income is not available on a monthly basis, each Plan Fund will distribute long-term capital gains and/or return capital to its shareholders in order to maintain a level distribution. The Funds’ estimated sources of the distributions paid this month and for their current fiscal year are as follows: Estimated Allocations as of February 28, 2023 Fund Distribution Net Income Net Realized Short- Term Gains Net Realized Long- Term Gains Return of Capital BCX1 $0.051800 $0.002906 (6%) $0 (0%) $0 (0%) $0.048894 (94%) BDJ $0.056200 $0.055260 (98%) $0 (0%) $0.000940 (2%) $0 (0%) BGR1 $0.058500 $0.030220 (52%) $0 (0%) $0 (0%) $0.028280 (48%) BGY1 $0.033800 $0 (0%) $0 (0%) $0 (0%) $0.033800 (100%) BME $0.213000 $0 (0%) $0 (0%) $0.213000 (100%) $0 (0%) BMEZ1 $0.145000 $0 (0%) $0 (0%) $0 (0%) $0.145000 (100%) BOE1 $0.063000 $0 (0%) $0 (0%) $0 (0%) $0.063000 (100%) BUI1 $0.121000 $0.037573 (31%) $0 (0%) $0 (0%) $0.083427 (69%) CII $0.099500 $0 (0%) $0.099500 (100%) $0 (0%) $0 (0%) BST1 $0.250000 $0 (0%) $0 (0%) $0 (0%) $0.250000 (100%) BSTZ $0.192000 $0 (0%) $0 (0%) $0.192000 (100%) $0 (0%) BIGZ1 $0.070000 $0 (0%) $0 (0%) $0 (0%) $0.070000 (100%) EGF1 $0.041000 $0.012753 (31%) $0 (0%) $0 (0%) $0.028247 (69%) DSU $0.070500 $0.070500 (100%) $0 (0%) $0 (0%) $0 (0%) FRA $0.080400 $0.080400 (100%) $0 (0%) $0 (0%) $0 (0%) BGT $0.078100 $0.078100 (100%) $0 (0%) $0 (0%) $0 (0%) HYT1 $0.077900 $0.058513 (75%) $0 (0%) $0 (0%) $0.019387 (25%) BTZ1 $0.083900 $0.056593 (67%) $0 (0%) $0 (0%) $0.027307 (33%) BLW1 $0.098100 $0.091662 (93%) $0 (0%) $0 (0%) $0.006438 (7%) BHK1 $0.074600 $0.051525 (69%) $0 (0%) $0 (0%) $0.023075 (31%) BIT1 $0.123700 $0.078646 (64%) $0 (0%) $0 (0%) $0.045054 (36%) BCAT1 $0.127500 $0 (0%) $0 (0%) $0 (0%) $0.127500 (100%) ECAT1 $0.125000 $0 (0%) $0 (0%) $0 (0%) $0.125000 (100%) Estimated Allocations for the Fiscal Year through February 28, 2023 Fund Distribution Net Income Net Realized Short- Term Gains Net Realized Long- Term Gains Return of Capital BCX1 $0.103600 $0.008800 (8%) $0 (0%) $0 (0%) $0.094800 (92%) BDJ $0.112400 $0.111460 (99%) $0 (0%) $0.000940 (1%) $0 (0%) BGR1 $0.117000 $0.044960 (38%) $0 (0%) $0 (0%) $0.072040 (62%) BGY1 $0.067600 $0 (0%) $0 (0%) $0 (0%) $0.067600 (100%) BME $0.426000 $0.003460 (1%) $0.135110 (32%) $0.287430 (67%) $0 (0%) BMEZ1 $0.290000 $0 (0%) $0 (0%) $0 (0%) $0.290000 (100%) BOE1 $0.126000 $0.006840 (5%) $0 (0%) $0 (0%) $0.119160 (95%) BUI1 $0.242000 $0.054640 (23%) $0 (0%) $0 (0%) $0.187360 (77%) CII $0.199000 $0.014670 (7%) $0.146950 (74%) $0.037380 (19%) $0 (0%) BST1 $0.500000 $0 (0%) $0 (0%) $0 (0%) $0.500000 (100%) BSTZ $0.384000 $0 (0%) $0 (0%) $0.384000 (100%) $0 (0%) BIGZ1 $0.140000 $0 (0%) $0 (0%) $0 (0%) $0.140000 (100%) EGF1 $0.082000 $0.028193 (34%) $0 (0%) $0 (0%) $0.053807 (66%) DSU $0.141000 $0.141000 (100%) $0 (0%) $0 (0%) $0 (0%) FRA $0.160800 $0.160800 (100%) $0 (0%) $0 (0%) $0 (0%) BGT $0.156200 $0.156200 (100%) $0 (0%) $0 (0%) $0 (0%) HYT1 $0.155800 $0.099903 (64%) $0 (0%) $0 (0%) $0.055897 (36%) BTZ1 $0.167800 $0.105738 (63%) $0 (0%) $0 (0%) $0.062062 (37%) BLW1 $0.196200 $0.136759 (70%) $0 (0%) $0 (0%) $0.059441 (30%) BHK1 $0.149200 $0.072875 (49%) $0 (0%) $0 (0%) $0.076325 (51%) BIT1 $0.494800 $0.293628 (59%) $0 (0%) $0 (0%) $0.201172 (41%) BCAT1 $0.231600 $0 (0%) $0 (0%) $0 (0%) $0.231600 (100%) ECAT1 $0.225000 $0 (0%) $0 (0%) $0 (0%) $0.225000 (100%) 1The Fund estimates that it has distributed more than its income and net-realized capital gains in the current fiscal year; therefore, a portion of your distribution may be a return of capital. A return of capital may occur, for example, when some or all of the shareholder’s investment is paid back to the shareholder. A return of capital distribution does not necessarily reflect the Fund's investment performance and should not be confused with ‘yield’ or ‘income’. When distributions exceed total return performance, the difference will reduce the Fund’s net asset value per share. The amounts and sources of distributions reported are only estimates and are being provided to you pursuant to regulatory requirements and are not being provided for tax reporting purposes. The actual amounts and sources of the amounts for tax reporting purposes will depend upon each Fund’s investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. The Fund will send you a Form 1099-DIV for the calendar year that will tell you how to report these distributions for federal income tax purposes. Fund Performance and Distribution Rate Information: Fund Average annual total return (in relation to NAV) for the 5-year period ending on 1/31/2023 Annualized current distribution rate expressed as a percentage of NAV as of 1/31/2023 Cumulative total return (in relation to NAV) for the fiscal year through 1/31/2023 Cumulative fiscal year distributions as a percentage of NAV as of 1/31/2023 BCX 8.85% 5.27% 5.51% 0.44% BDJ 6.41% 7.39% 5.11% 0.62% BGR 5.04% 4.79% 3.64% 0.40% BGY 4.32% 6.54% 7.92% 0.55% BME 8.97% 5.96% (0.55)% 0.50% BMEZ* 6.10% 8.98% 4.20% 0.75% BOE 4.28% 6.51% 6.57% 0.54% BUI 8.74% 6.30% 3.64% 0.52% CII 8.43% 6.42% 6.49% 0.54% BST 8.93% 9.58% 8.48% 0.80% BSTZ* 9.29% 10.99% 8.42% 0.92% BIGZ* (26.91)% 8.77% 9.59% 0.73% EGF (1.19)% 4.61% 3.10% 0.38% DSU 4.13% 7.88% 3.60% 0.66% FRA 4.12% 7.34% 3.34% 0.61% BGT 4.16% 7.34% 3.42% 0.61% HYT 3.80% 9.68% 5.30% 0.81% BTZ 2.81% 8.52% 6.41% 0.71% BLW 3.55% 8.37% 4.88% 0.70% BHK 1.50% 7.72% 7.11% 0.64% BIT 3.46% 9.80% 5.97% 2.45% BCAT* 1.04% 8.70% 4.98% 0.59% ECAT* (2.76)% 8.55% 6.30% 0.57% * Portfolio launched within the past 5 years; the performance and distribution rate information presented for this Fund reflects data from inception to 1/31/2023. Shareholders should not draw any conclusions about a Fund’s investment performance from the amount of the Fund’s current distributions or from the terms of the Fund’s Plan. BlackRock Income Trust, Inc. (NYSE: BKT) and BlackRock Taxable Municipal Bond Trust (NYSE: BBN) have adopted a Plan whereby the Fund will make fixed monthly distributions to common stockholders and will distribute all available net income to its stockholders, consistent with its investment objective and as required by the Code. The fixed amount distributed per share is subject to change at the discretion of BKT and BBN’s Board. If sufficient net income is not available on a monthly basis, a Fund will distribute long-term capital gains and/or return capital to its stockholders in order to maintain a level distribution. BKT and BBN are currently not relying on any exemptive relief from Section 19(b) of the Investment Company Act of 1940, as amended (the “1940 Act”). Each Fund expects that distributions under the Plan will exceed current income and capital gains and therefore will likely include a return of capital. BKT and BBN may make additional distributions from time to time, including additional capital gain distributions at the end of the taxable year, if required to meet requirements imposed by the Code and/or the 1940 Act. BKT and BBN’s estimated sources of the distributions paid as of February 28, 2023 and for its current fiscal year are as follows: Estimated Allocations as of February 28, 2023 Fund Distribution Net Income Net Realized Short-Term Gains Net Realized Long-Term Gains Return of Capital BKT2 $0.088200 $0.037495 (43%) $0 (0%) $0 (0%) $0.050705 (57%) BBN2 $0.102900 $0.084357 (82%) $0 (0%) $0 (0%) $0.018543 (18%) Estimated Allocations for the Fiscal Year through February 28, 2023 Fund Distribution Net Income Net Realized Short-Term Gains Net Realized Long-Term Gains Return of Capital BKT2 $0.176400 $0.072895 (41%) $0 (0%) $0 (0%) $0.103505 (59%) BBN2 $0.205800 $0.162371 (79%) $0 (0%) $0 (0%) $0.043429 (21%) 2The Fund estimates that it has distributed more than its income and net-realized capital gains in the current fiscal year; therefore, a portion of your distribution may be a return of capital. A return of capital may occur, for example, when some or all of the shareholder’s investment is paid back to the shareholder. A return of capital distribution does not necessarily reflect the Fund's investment performance and should not be confused with ‘yield’ or ‘income’. When distributions exceed total return performance, the difference will reduce the Fund’s net asset value per share. The amounts and sources of distributions reported are only estimates and are being provided to you pursuant to regulatory requirements and are not being provided for tax reporting purposes. The actual amounts and sources of the amounts for tax reporting purposes will depend upon BKT and BBN’s investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. BKT and BBN will send its stockholders a Form 1099-DIV for the calendar year that will illustrate how to report these distributions for federal income tax purposes. Fund Performance and Distribution Rate Information: Fund Average annual total return (in relation to NAV) for the 5-year period ending on 1/31/2023 Annualized current distribution rate expressed as a percentage of NAV as of 1/31/2023 Cumulative total return (in relation to NAV) for the fiscal year through 1/31/2023 Cumulative fiscal year distributions as a percentage of NAV as 1/31/2023 BKT (0.18)% 7.79% 4.35% 0.65% BBN 1.46% 6.67% 7.66% 0.56% No conclusions should be drawn about BKT or BBN’s investment performance from the amount of the Fund’s distributions or from the terms of the Fund’s Plan. The amount distributed per share under a Plan is subject to change at the discretion of the applicable Fund’s Board. Each Plan will be subject to ongoing review by the Board to determine whether the Plan should be continued, modified or terminated. The Board may amend the terms of a Plan or suspend or terminate a Plan at any time without prior notice to the Fund’s shareholders if it deems such actions to be in the best interest of the Fund or its shareholders. The amendment or termination of a Plan could have an adverse effect on the market price of the Fund's shares. About BlackRock BlackRock’s purpose is to help more and more people experience financial well-being. As a fiduciary to investors and a leading provider of financial technology, we help millions of people build savings that serve them throughout their lives by making investing easier and more affordable. For additional information on BlackRock, please visit www.blackrock.com/corporate Availability of Fund Updates BlackRock will update performance and certain other data for the Funds on a monthly basis on its website in the “Closed-end Funds” section of www.blackrock.com as well as certain other material information as necessary from time to time. Investors and others are advised to check the website for updated performance information and the release of other material information about the Funds. This reference to BlackRock’s website is intended to allow investors public access to information regarding the Funds and does not, and is not intended to, incorporate BlackRock’s website in this release. Forward-Looking Statements This press release, and other statements that BlackRock or a Fund may make, may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act, with respect to a Fund’s or BlackRock’s future financial or business performance, strategies or expectations. Forward-looking statements are typically identified by words or phrases such as “trend,” “potential,” “opportunity,” “pipeline,” “believe,” “comfortable,” “expect,” “anticipate,” “current,” “intention,” “estimate,” “position,” “assume,” “outlook,” “continue,” “remain,” “maintain,” “sustain,” “seek,” “achieve,” and similar expressions, or future or conditional verbs such as “will,” “would,” “should,” “could,” “may” or similar expressions. BlackRock cautions that forward-looking statements are subject to numerous assumptions, risks and uncertainties, which change over time. Forward-looking statements speak only as of the date they are made, and BlackRock assumes no duty to and does not undertake to update forward-looking statements. Actual results could differ materially from those anticipated in forward-looking statements and future results could differ materially from historical performance. With respect to the Funds, the following factors, among others, could cause actual events to differ materially from forward-looking statements or historical performance: (1) changes and volatility in political, economic or industry conditions, the interest rate environment, foreign exchange rates or financial and capital markets, which could result in changes in demand for the Funds or in a Fund’s net asset value; (2) the relative and absolute investment performance of a Fund and its investments; (3) the impact of increased competition; (4) the unfavorable resolution of any legal proceedings; (5) the extent and timing of any distributions or share repurchases; (6) the impact, extent and timing of technological changes; (7) the impact of legislative and regulatory actions and reforms, and regulatory, supervisory or enforcement actions of government agencies relating to a Fund or BlackRock, as applicable; (8) terrorist activities, international hostilities, health epidemics and/or pandemics and natural disasters, which may adversely affect the general economy, domestic and local financial and capital markets, specific industries or BlackRock; (9) BlackRock’s ability to attract and retain highly talented professionals; (10) the impact of BlackRock electing to provide support to its products from time to time; and (11) the impact of problems at other financial institutions or the failure or negative performance of products at other financial institutions. Annual and Semi-Annual Reports and other regulatory filings of the Funds with the Securities and Exchange Commission (“SEC”) are accessible on the SEC's website at www.sec.gov and on BlackRock’s website at www.blackrock.com, and may discuss these or other factors that affect the Funds. The information contained on BlackRock’s website is not a part of this press release. |
businesswire.com |
2023-03-01 18:30:00 |
Czytaj oryginał (ang.) |
| CEF Weekly Review: EPS More Instructive Than Coverage These Days |
We review CEF market valuation and performance through the third week of February and highlight recent market action. Nearly all CEF sectors were down as worries about further rises in the policy rate returned on the back of upside inflation surprises. |
seekingalpha.com |
2023-02-25 08:36:39 |
Czytaj oryginał (ang.) |
| Distribution Dates and Amounts Announced for Certain BlackRock Closed-End Funds |
NEW YORK--(BUSINESS WIRE)--Certain BlackRock closed-end funds (the “Funds”) announced distributions today as detailed below. BlackRock California Municipal Income Trust (NYSE: BFZ) increased its monthly distribution rate. This change was made in order to better align BFZ’s distribution rate with its current and projected level of earnings. Municipal Funds: Declaration- 2/1/2023 Ex-Date- 2/14/2023 Record- 2/15/2023 Payable- 3/1/2023 National Funds Ticker Distribution Change From Prior Distribution BlackRock Municipal Income Quality Trust* BYM $0.038000 - BlackRock Long-Term Municipal Advantage Trust BTA $0.043500 - BlackRock MuniAssets Fund, Inc.* MUA $0.045500 - BlackRock Municipal Income Fund, Inc.* MUI $0.034000 - BlackRock Municipal Income Trust* BFK $0.036500 - BlackRock Investment Quality Municipal Trust, Inc.* BKN $0.044500 - BlackRock Municipal Income Trust II* BLE $0.037000 - BlackRock Municipal 2030 Target Term Trust BTT $0.056400 - BlackRock MuniHoldings Fund* MHD $0.041000 - BlackRock MuniYield Quality Fund II, Inc.* MQT $0.037500 - BlackRock MuniYield Quality Fund, Inc.* MQY $0.047000 - BlackRock MuniHoldings Quality Fund II, Inc.* MUE $0.033500 - BlackRock MuniVest Fund II, Inc.* MVT $0.035500 - BlackRock MuniYield Fund, Inc.* MYD $0.040500 - BlackRock MuniYield Quality Fund III, Inc. MYI $0.040500 - BlackRock MuniVest Fund, Inc.* MVF $0.021000 - BlackRock 2037 Municipal Target Term Trust BMN $0.093750 - State-Specific Funds Ticker Distribution Change From Prior Distribution BlackRock MuniHoldings California Quality Fund, Inc.* MUC $0.038500 - BlackRock California Municipal Income Trust BFZ $0.039000 0.005000 BlackRock MuniYield Michigan Quality Fund, Inc.* MIY $0.040500 - BlackRock MuniHoldings New Jersey Quality Fund, Inc.* MUJ $0.042000 - BlackRock MuniHoldings New York Quality Fund, Inc.* MHN $0.036500 - BlackRock MuniYield New York Quality Fund, Inc.* MYN $0.035500 - BlackRock New York Municipal Income Trust* BNY $0.037500 - BlackRock MuniYield Pennsylvania Quality Fund* MPA $0.034000 - BlackRock Virginia Municipal Bond Trust* BHV $0.029500 - Taxable Municipal Fund: Declaration- 2/1/2023 Ex-Date- 2/14/2023 Record- 2/15/2023 Payable- 2/28/2023 Fund Ticker Distribution Change From Prior Distribution BlackRock Taxable Municipal Bond Trust* BBN $0.102900 - Taxable Fixed Income Funds: Declaration- 2/1/2023 Ex-Date- 2/14/2023 Record- 2/15/2023 Payable- 2/28/2023 Fund Ticker Distribution Change From Prior Distribution BlackRock Floating Rate Income Trust BGT $0.078100 - BlackRock Core Bond Trust* BHK $0.074600 - BlackRock Multi-Sector Income Trust* BIT $0.123700 - BlackRock Income Trust, Inc.* BKT $0.088200 - BlackRock Limited Duration Income Trust* BLW $0.098100 - BlackRock Credit Allocation Income Trust* BTZ $0.083900 - BlackRock Debt Strategies Fund, Inc. DSU $0.070500 - BlackRock Enhanced Government Fund, Inc.* EGF $0.041000 - BlackRock Floating Rate Income Strategies Fund, Inc. FRA $0.080400 - BlackRock Corporate High Yield Fund, Inc.* HYT $0.077900 - Equity Funds: Declaration- 2/1/2023 Ex-Date- 2/14/2023 Record- 2/15/2023 Payable- 2/28/2023 Fund Ticker Distribution Change From Prior Distribution BlackRock Resources & Commodities Strategy Trust* BCX $0.051800 - BlackRock Enhanced Equity Dividend Trust* BDJ $0.056200 - BlackRock Energy and Resources Trust* BGR $0.058500 - BlackRock Enhanced International Dividend Trust* BGY $0.033800 - BlackRock Health Sciences Trust* BME $0.213000 - BlackRock Health Sciences Trust II* BMEZ $0.145000 - BlackRock Enhanced Global Dividend Trust* BOE $0.063000 - BlackRock Utilities, Infrastructure & Power Opportunities Trust* BUI $0.121000 - BlackRock Enhanced Capital and Income Fund, Inc.* CII $0.099500 - BlackRock Science and Technology Trust* BST $0.250000 - BlackRock Science and Technology Trust II* BSTZ $0.192000 - BlackRock Innovation and Growth Trust* BIGZ $0.070000 - * In order to comply with the requirements of Section 19 of the Investment Company Act of 1940, as amended (the “1940 Act”), each of the Funds noted above posted to the DTC bulletin board and sent to its shareholders of record as of the applicable record date a Section 19 notice with the previous distribution payment. The Section 19 notice was provided for informational purposes only and not for tax reporting purposes. This information can be found in the “Closed-End Funds” section of www.blackrock.com. As applicable, the final determination of the source and tax characteristics of all distributions in 2023 will be made after the end of the year. BlackRock Resources & Commodities Strategy Trust (NYSE: BCX), BlackRock Enhanced Equity Dividend Trust (NYSE: BDJ), BlackRock Energy and Resources Trust (NYSE: BGR), BlackRock Enhanced International Dividend Trust (NYSE: BGY), BlackRock Health Sciences Trust (NYSE: BME), BlackRock Health Sciences Trust II (NYSE: BMEZ), BlackRock Enhanced Global Dividend Trust (NYSE: BOE), BlackRock Utilities, Infrastructure & Power Opportunities Trust (NYSE: BUI), BlackRock Enhanced Capital and Income Fund, Inc. (NYSE: CII), BlackRock Science and Technology Trust (NYSE: BST), BlackRock Science and Technology Trust II (NYSE: BSTZ), BlackRock Innovation and Growth Trust (NYSE: BIGZ), BlackRock Enhanced Government Fund, Inc. (NYSE: EGF) , BlackRock Debt Strategies Fund, Inc. (NYSE: DSU), BlackRock Floating Rate Income Strategies Fund, Inc. (NYSE: FRA), BlackRock Floating Rate Income Trust (NYSE: BGT), BlackRock Corporate High Yield Fund, Inc. (NYSE: HYT), BlackRock Credit Allocation Income Trust (NYSE: BTZ), BlackRock Limited Duration Income Trust (NYSE: BLW), BlackRock Core Bond Trust (NYSE: BHK), and BlackRock Multi-Sector Income Trust (NYSE: BIT) (collectively, the “Plan Funds”) have adopted a managed distribution plan (a “Plan”) to support a level distribution of income, capital gains and/or return of capital. The fixed amounts distributed per share are subject to change at the discretion of each Plan Fund’s Board of Directors/Trustees. Under its Plan, each Plan Fund will distribute all available investment income to its shareholders, consistent with its investment objectives and as required by the Internal Revenue Code of 1986, as amended (the “Code”). If sufficient investment income is not available on a monthly basis, each Plan Fund will distribute long-term capital gains and/or return capital to its shareholders in order to maintain a level distribution. The Funds’ estimated sources of the distributions paid this month and for their current fiscal year are as follows: Estimated Allocations as of January 31, 2023 Fund Distribution Net Income Net Realized Short-Term Gains Net Realized Long-Term Gains Return of Capital BCX1 $0.051800 $0.005799 (11%) $0 (0%) $0 (0%) $0.046001 (89%) BDJ $0.056200 $0.011113 (20%) $0.045087 (80%) $0 (0%) $0 (0%) BGR1 $0.058500 $0.014933 (26%) $0 (0%) $0 (0%) $0.043567 (74%) BGY1 $0.033800 $0.000000 (0%) $0 (0%) $0 (0%) $0.033800 (100%) BME $0.213000 $0.003668 (1%) $0.150197 (71%) $0.059135 (28%) $0 (0%) BMEZ $0.145000 $0 (0%) $0.145000 (100%) $0 (0%) $0 (0%) BOE1 $0.063000 $0.007375 (12%) $0 (0%) $0 (0%) $0.055625 (88%) BUI1 $0.121000 $0.018066 (15%) $0 (0%) $0 (0%) $0.102934 (85%) CII $0.099500 $0.001603 (1%) $0.038475 (39%) $0.059422 (60%) $0 (0%) BST $0.250000 $0.001487 (1%) $0.025463 (10%) $0.223050 (89%) $0 (0%) BSTZ $0.192000 $0 (0%) $0 (0%) $0.192000 (100%) $0 (0%) BIGZ1 $0.070000 $0 (0%) $0 (0%) $0 (0%) $0.070000 (100%) EGF1 $0.041000 $0.018875 (46%) $0 (0%) $0 (0%) $0.022125 (54%) DSU $0.070500 $0.070500 (100%) $0 (0%) $0 (0%) $0 (0%) FRA $0.080400 $0.080400 (100%) $0 (0%) $0 (0%) $0 (0%) BGT $0.078100 $0.078100 (100%) $0 (0%) $0 (0%) $0 (0%) HYT1 $0.077900 $0.051093 (66%) $0 (0%) $0 (0%) $0.026807 (34%) BTZ1 $0.083900 $0.049145 (59%) $0 (0%) $0 (0%) $0.034755 (41%) BLW1 $0.098100 $0.080169 (82%) $0 (0%) $0 (0%) $0.017931 (18%) BHK1 $0.074600 $0.046691 (63%) $0 (0%) $0 (0%) $0.027909 (37%) BIT1 $0.123700 $0.066162 (53%) $0 (0%) $0 (0%) $0.057538 (47%) Estimated Allocations for the Fiscal Year through January 31, 2023 Fund Distribution Net Income Net Realized Short-Term Gains Net Realized Long-Term Gains Return of Capital BCX1 $0.051800 $0.005799 (11%) $0 (0%) $0 (0%) $0.046001 (89%) BDJ $0.056200 $0.011113 (20%) $0.045087 (80%) $0 (0%) $0 (0%) BGR1 $0.058500 $0.014933 (26%) $0 (0%) $0 (0%) $0.043567 (74%) BGY1 $0.033800 $0 (0%) $0 (0%) $0 (0%) $0.033800 (100%) BME $0.213000 $0.003668 (1%) $0.150197 (71%) $0.059135 (28%) $0 (0%) BMEZ $0.145000 $0 (0%) $0.145000 (100%) $0 (0%) $0 (0%) BOE1 $0.063000 $0.007375 (12%) $0 (0%) $0 (0%) $0.055625 (88%) BUI1 $0.121000 $0.018066 (15%) $0 (0%) $0 (0%) $0.102934 (85%) CII $0.099500 $0.001603 (1%) $0.038475 (39%) $0.059422 (60%) $0 (0%) BST $0.250000 $0.001487 (1%) $0.025463 (10%) $0.223050 (89%) $0 (0%) BSTZ $0.192000 $0 (0%) $0 (0%) $0.192000 (100%) $0 (0%) BIGZ1 $0.070000 $0 (0%) $0 (0%) $0 (0%) $0.070000 (100%) EGF1 $0.041000 $0.018875 (46%) $0 (0%) $0 (0%) $0.022125 (54%) DSU $0.070500 $0.070500 (100%) $0 (0%) $0 (0%) $0 (0%) FRA $0.080400 $0.080400 (100%) $0 (0%) $0 (0%) $0 (0%) BGT $0.078100 $0.078100 (100%) $0 (0%) $0 (0%) $0 (0%) HYT1 $0.077900 $0.051093 (66%) $0 (0%) $0 (0%) $0.026807 (34%) BTZ1 $0.083900 $0.049145 (59%) $0 (0%) $0 (0%) $0.034755 (41%) BLW1 $0.098100 $0.080169 (82%) $0 (0%) $0 (0%) $0.017931 (18%) BHK1 $0.074600 $0.046691 (63%) $0 (0%) $0 (0%) $0.027909 (37%) BIT1 $0.371100 $0.214981 (58%) $0 (0%) $0 (0%) $0.156119 (42%) 1The Fund estimates that it has distributed more than its income and net-realized capital gains in the current fiscal year; therefore, a portion of your distribution may be a return of capital. A return of capital may occur, for example, when some or all of the shareholder’s investment is paid back to the shareholder. A return of capital distribution does not necessarily reflect the Fund's investment performance and should not be confused with ‘yield’ or ‘income’. When distributions exceed total return performance, the difference will reduce the Fund’s net asset value per share. The amounts and sources of distributions reported are only estimates and are being provided to you pursuant to regulatory requirements and are not being provided for tax reporting purposes. The actual amounts and sources of the amounts for tax reporting purposes will depend upon each Fund’s investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. The Fund will send you a Form 1099-DIV for the calendar year that will tell you how to report these distributions for federal income tax purposes. Fund Performance and Distribution Rate Information: Fund Average annual total return (in relation to NAV) for the 5-year period ending on 12/31/2022 Annualized current distribution rate expressed as a percentage of NAV as of 12/31/2022 Cumulative total return (in relation to NAV) for the fiscal year through 12/31/2022 Cumulative fiscal year distributions as a percentage of NAV as of 12/31/2022 BCX 8.18% 5.54% 16.31% 4.90% BDJ 6.13% 7.72% (3.71)% 12.55% BGR 4.63% 4.94% 38.42% 4.07% BGY 3.38% 7.02% (8.33)% 7.02% BME 10.31% 5.90% (4.19)% 5.90% BMEZ* 4.80% 9.28% (21.66)% 9.28% BOE 3.56% 6.89% (11.87)% 6.89% BUI 8.13% 6.49% (7.70)% 6.49% CII 7.92% 6.80% (10.95)% 11.97% BST 9.05% 10.31% (39.56)% 10.31% BSTZ* 7.03% 11.80% (43.98)% 11.80% BIGZ* (31.66)% 9.52% (41.11)% 11.22% EGF (2.00)% 4.74% (14.91)% 4.34% DSU 3.67% 8.10% (2.97)% 6.66% FRA 3.70% 7.54% (1.35)% 6.05% BGT 3.72% 7.55% (1.39)% 6.05% HYT 2.92% 10.11% (15.71)% 9.26% BTZ 1.54% 9.00% (19.55)% 8.25% BLW 2.74% 8.71% (11.02)% 7.99% BHK (0.09)% 8.22% (24.44)% 7.54% BIT 2.91% 10.08% 2.19% 1.68% * Portfolio launched within the past 5 years; the performance and distribution rate information presented for this Fund reflects data from inception to 12/31/2022. Shareholders should not draw any conclusions about a Fund’s investment performance from the amount of the Fund’s current distributions or from the terms of the Fund’s Plan. BlackRock Income Trust, Inc. (NYSE: BKT) and BlackRock Taxable Municipal Bond Trust (NYSE: BBN) have adopted a Plan whereby the Fund will make fixed monthly distributions to common stockholders and will distribute all available net income to its stockholders, consistent with its investment objective and as required by the Code. The fixed amount distributed per share is subject to change at the discretion of BKT and BBN’s Board. If sufficient net income is not available on a monthly basis, a Fund will distribute long-term capital gains and/or return capital to its stockholders in order to maintain a level distribution. BKT and BBN are currently not relying on any exemptive relief from Section 19(b) of the Investment Company Act of 1940, as amended (the “1940 Act”). Each Fund expects that distributions under the Plan will exceed current income and capital gains and therefore will likely include a return of capital. BKT and BBN may make additional distributions from time to time, including additional capital gain distributions at the end of the taxable year, if required to meet requirements imposed by the Code and/or the 1940 Act. BKT and BBN’s estimated sources of the distributions paid as of January 31, 2023 and for its current fiscal year are as follows: Estimated Allocations as of January 31, 2023 Fund Distribution Net Income Net Realized Short-Term Gains Net Realized Long-Term Gains Return of Capital BKT2 $0.088200 $0.035405 (40%) $0 (0%) $0 (0%) $0.052795 (60%) BBN2 $0.102900 $0.078014 (76%) $0 (0%) $0 (0%) $0.024886 (24%) Estimated Allocations for the Fiscal Year through January 31, 2023 Fund Distribution Net Income Net Realized Short-Term Gains Net Realized Long-Term Gains Return of Capital BKT2 $0.088200 $0.035405 (40%) $0 (0%) $0 (0%) $0.052795 (60%) BBN2 $0.102900 $0.078014 (76%) $0 (0%) $0 (0%) $0.024886 (24%) 2The Fund estimates that it has distributed more than its income and net-realized capital gains in the current fiscal year; therefore, a portion of your distribution may be a return of capital. A return of capital may occur, for example, when some or all of the shareholder’s investment is paid back to the shareholder. A return of capital distribution does not necessarily reflect the Fund's investment performance and should not be confused with ‘yield’ or ‘income’. When distributions exceed total return performance, the difference will reduce the Fund’s net asset value per share. The amounts and sources of distributions reported are only estimates and are being provided to you pursuant to regulatory requirements and are not being provided for tax reporting purposes. The actual amounts and sources of the amounts for tax reporting purposes will depend upon BKT and BBN’s investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. BKT and BBN will send its stockholders a Form 1099-DIV for the calendar year that will illustrate how to report these distributions for federal income tax purposes. Fund Performance and Distribution Rate Information: Fund Average annual total return (in relation to NAV) for the 5-year period ending on 12/31/2022 Annualized current distribution rate expressed as a percentage of NAV as of 12/31/2022 Cumulative total return (in relation to NAV) for the fiscal year through 12/31/2022 Cumulative fiscal year distributions as a percentage of NAV as 12/31/2022 BKT (1.30)% 8.08% (16.67)% 7.86% BBN (0.26)% 7.14% (26.58)% 7.70% No conclusions should be drawn about BKT or BBN’s investment performance from the amount of the Fund’s distributions or from the terms of the Fund’s Plan. The amount distributed per share under a Plan is subject to change at the discretion of the applicable Fund’s Board. Each Plan will be subject to ongoing review by the Board to determine whether the Plan should be continued, modified or terminated. The Board may amend the terms of a Plan or suspend or terminate a Plan at any time without prior notice to the Fund’s shareholders if it deems such actions to be in the best interest of the Fund or its shareholders. The amendment or termination of a Plan could have an adverse effect on the market price of the Fund's shares. About BlackRock BlackRock’s purpose is to help more and more people experience financial well-being. As a fiduciary to investors and a leading provider of financial technology, we help millions of people build savings that serve them throughout their lives by making investing easier and more affordable. For additional information on BlackRock, please visit www.blackrock.com/corporate Availability of Fund Updates BlackRock will update performance and certain other data for the Funds on a monthly basis on its website in the “Closed-end Funds” section of www.blackrock.com as well as certain other material information as necessary from time to time. Investors and others are advised to check the website for updated performance information and the release of other material information about the Funds. This reference to BlackRock’s website is intended to allow investors public access to information regarding the Funds and does not, and is not intended to, incorporate BlackRock’s website in this release. Forward-Looking Statements This press release, and other statements that BlackRock or a Fund may make, may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act, with respect to a Fund’s or BlackRock’s future financial or business performance, strategies or expectations. Forward-looking statements are typically identified by words or phrases such as “trend,” “potential,” “opportunity,” “pipeline,” “believe,” “comfortable,” “expect,” “anticipate,” “current,” “intention,” “estimate,” “position,” “assume,” “outlook,” “continue,” “remain,” “maintain,” “sustain,” “seek,” “achieve,” and similar expressions, or future or conditional verbs such as “will,” “would,” “should,” “could,” “may” or similar expressions. BlackRock cautions that forward-looking statements are subject to numerous assumptions, risks and uncertainties, which change over time. Forward-looking statements speak only as of the date they are made, and BlackRock assumes no duty to and does not undertake to update forward-looking statements. Actual results could differ materially from those anticipated in forward-looking statements and future results could differ materially from historical performance. With respect to the Funds, the following factors, among others, could cause actual events to differ materially from forward-looking statements or historical performance: (1) changes and volatility in political, economic or industry conditions, the interest rate environment, foreign exchange rates or financial and capital markets, which could result in changes in demand for the Funds or in a Fund’s net asset value; (2) the relative and absolute investment performance of a Fund and its investments; (3) the impact of increased competition; (4) the unfavorable resolution of any legal proceedings; (5) the extent and timing of any distributions or share repurchases; (6) the impact, extent and timing of technological changes; (7) the impact of legislative and regulatory actions and reforms, and regulatory, supervisory or enforcement actions of government agencies relating to a Fund or BlackRock, as applicable; (8) terrorist activities, international hostilities, health epidemics and/or pandemics and natural disasters, which may adversely affect the general economy, domestic and local financial and capital markets, specific industries or BlackRock; (9) BlackRock’s ability to attract and retain highly talented professionals; (10) the impact of BlackRock electing to provide support to its products from time to time; and (11) the impact of problems at other financial institutions or the failure or negative performance of products at other financial institutions. Annual and Semi-Annual Reports and other regulatory filings of the Funds with the Securities and Exchange Commission (“SEC”) are accessible on the SEC's website at www.sec.gov and on BlackRock’s website at www.blackrock.com, and may discuss these or other factors that affect the Funds. The information contained on BlackRock’s website is not a part of this press release. |
businesswire.com |
2023-02-01 18:30:00 |
Czytaj oryginał (ang.) |
| Distribution Dates and Amounts Announced for Certain BlackRock Closed-End Funds |
NEW YORK--(BUSINESS WIRE)--Certain BlackRock closed-end funds (the “Funds”) announced distributions today as detailed below. Municipal Funds: Declaration- 1/3/2023 Ex-Date- 1/12/2023 Record- 1/13/2023 Payable- 2/1/2023 National Funds Ticker Distribution Change From Prior Distribution BlackRock Municipal Income Quality Trust BYM $0.038000 - BlackRock Long-Term Municipal Advantage Trust BTA $0.043500 - BlackRock MuniAssets Fund, Inc.* MUA $0.045500 - BlackRock Municipal Income Fund, Inc. MUI $0.034000 - BlackRock Municipal Income Trust* BFK $0.036500 - BlackRock Investment Quality Municipal Trust, Inc.* BKN $0.044500 - BlackRock Municipal Income Trust II* BLE $0.037000 - BlackRock Municipal 2030 Target Term Trust BTT $0.056400 - BlackRock MuniHoldings Fund* MHD $0.041000 - BlackRock MuniYield Quality Fund II, Inc.* MQT $0.037500 - BlackRock MuniYield Quality Fund, Inc.* MQY $0.047000 - BlackRock MuniHoldings Quality Fund II, Inc.* MUE $0.033500 - BlackRock MuniVest Fund II, Inc.* MVT $0.035500 - BlackRock MuniYield Fund, Inc.* MYD $0.040500 - BlackRock MuniYield Quality Fund III, Inc. MYI $0.040500 - BlackRock MuniVest Fund, Inc. MVF $0.021000 - State-Specific Funds Ticker Distribution Change From Prior Distribution BlackRock MuniHoldings California Quality Fund, Inc.* MUC $0.038500 - BlackRock California Municipal Income Trust BFZ $0.034000 - BlackRock MuniYield Michigan Quality Fund, Inc.* MIY $0.040500 - BlackRock MuniHoldings New Jersey Quality Fund, Inc. MUJ $0.042000 - BlackRock MuniHoldings New York Quality Fund, Inc. MHN $0.036500 - BlackRock MuniYield New York Quality Fund, Inc. MYN $0.035500 - BlackRock New York Municipal Income Trust* BNY $0.037500 - BlackRock MuniYield Pennsylvania Quality Fund MPA $0.034000 - BlackRock Virginia Municipal Bond Trust BHV $0.029500 - Taxable Municipal Fund: Declaration- 1/3/2023 Ex-Date- 1/12/2023 Record- 1/13/2023 Payable- 1/31/2023 Fund Ticker Distribution Change From Prior Distribution BlackRock Taxable Municipal Bond Trust* BBN $0.102900 - Taxable Fixed Income Funds: Declaration- 1/3/2023 Ex-Date- 1/12/2023 Record- 1/13/2023 Payable- 1/31/2023 Fund Ticker Distribution Change From Prior Distribution BlackRock Floating Rate Income Trust BGT $0.078100 - BlackRock Core Bond Trust* BHK $0.074600 - BlackRock Multi-Sector Income Trust* BIT $0.123700 - BlackRock Income Trust, Inc.* BKT $0.088200 - BlackRock Limited Duration Income Trust* BLW $0.098100 - BlackRock Credit Allocation Income Trust* BTZ $0.083900 - BlackRock Debt Strategies Fund, Inc. DSU $0.070500 - BlackRock Enhanced Government Fund, Inc.* EGF $0.041000 - BlackRock Floating Rate Income Strategies Fund, Inc. FRA $0.080400 - BlackRock Corporate High Yield Fund, Inc.* HYT $0.077900 - Equity Funds: Declaration- 1/3/2023 Ex-Date- 1/12/2023 Record- 1/13/2023 Payable- 1/31/2023 Fund Ticker Distribution Change From Prior Distribution BlackRock Resources & Commodities Strategy Trust* BCX $0.051800 - BlackRock Enhanced Equity Dividend Trust* BDJ $0.056200 - BlackRock Energy and Resources Trust* BGR $0.058500 - BlackRock Enhanced International Dividend Trust* BGY $0.033800 - BlackRock Health Sciences Trust* BME $0.213000 - BlackRock Health Sciences Trust II* BMEZ $0.145000 - BlackRock Enhanced Global Dividend Trust* BOE $0.063000 - BlackRock Utilities, Infrastructure & Power Opportunities Trust* BUI $0.121000 - BlackRock Enhanced Capital and Income Fund, Inc.* CII $0.099500 - BlackRock Science and Technology Trust* BST $0.250000 - BlackRock Science and Technology Trust II* BSTZ $0.192000 - BlackRock Innovation and Growth Trust* BIGZ $0.070000 - Multi-Asset Funds: Declaration- 1/3/2023 Ex-Date- 1/12/2023 Record- 1/13/2023 Payable- 1/31/2023 Fund Ticker Distribution Change From Prior Distribution BlackRock Capital Allocation Trust* BCAT $0.104100 - BlackRock ESG Capital Allocation Trust* ECAT $0.100000 - * In order to comply with the requirements of Section 19 of the Investment Company Act of 1940, as amended (the “1940 Act”), each of the Funds noted above posted to the DTC bulletin board and sent to its shareholders of record as of the applicable record date a Section 19 notice with the previous distribution payment. The Section 19 notice was provided for informational purposes only and not for tax reporting purposes. This information can be found in the “Closed-End Funds” section of www.blackrock.com. As applicable, the final determination of the source and tax characteristics of all distributions in 2023 will be made after the end of the year. BlackRock Resources & Commodities Strategy Trust (NYSE: BCX), BlackRock Enhanced Equity Dividend Trust (NYSE: BDJ), BlackRock Energy and Resources Trust (NYSE: BGR), BlackRock Enhanced International Dividend Trust (NYSE: BGY), BlackRock Health Sciences Trust (NYSE: BME), BlackRock Health Sciences Trust II (NYSE: BMEZ), BlackRock Enhanced Global Dividend Trust (NYSE: BOE), BlackRock Utilities, Infrastructure & Power Opportunities Trust (NYSE: BUI), BlackRock Enhanced Capital and Income Fund, Inc. (NYSE: CII), BlackRock Science and Technology Trust (NYSE: BST), BlackRock Science and Technology Trust II (NYSE: BSTZ), BlackRock Innovation and Growth Trust (NYSE: BIGZ), BlackRock Enhanced Government Fund, Inc. (NYSE: EGF) , BlackRock Debt Strategies Fund, Inc. (NYSE: DSU), BlackRock Floating Rate Income Strategies Fund, Inc. (NYSE: FRA), BlackRock Floating Rate Income Trust (NYSE: BGT), BlackRock Corporate High Yield Fund, Inc. (NYSE: HYT), BlackRock Credit Allocation Income Trust (NYSE: BTZ), BlackRock Limited Duration Income Trust (NYSE: BLW), BlackRock Core Bond Trust (NYSE: BHK), BlackRock Multi-Sector Income Trust (NYSE: BIT), BlackRock Capital Allocation Trust (NYSE: BCAT), and BlackRock ESG Capital Allocation Trust (NYSE: ECAT) (collectively, the “Plan Funds”) have adopted a managed distribution plan (a “Plan”) to support a level distribution of income, capital gains and/or return of capital. The fixed amounts distributed per share are subject to change at the discretion of each Plan Fund’s Board of Directors/Trustees. Under its Plan, each Plan Fund will distribute all available investment income to its shareholders, consistent with its investment objectives and as required by the Internal Revenue Code of 1986, as amended (the “Code”). If sufficient investment income is not available on a monthly basis, each Plan Fund will distribute long-term capital gains and/or return capital to its shareholders in order to maintain a level distribution. The Funds’ estimated sources of the distributions paid this month and for their current fiscal year are as follows: Estimated Allocations as of December 22, 2022 Fund Distribution Net Income Net Realized Short- Term Gains Net Realized Long- Term Gains Return of Capital EGF1 $0.041000 $0.020871 (51%) $0 (0%) $0 (0%) $0.020129 (49%) DSU1 $0.070500 $0.070500 (100%) $0 (0%) $0 (0%) $0 (0%) FRA $0.080400 $0.080400 (100%) $0 (0%) $0 (0%) $0 (0%) BGT $0.078100 $0.078100 (100%) $0 (0%) $0 (0%) $0 (0%) HYT1 $0.077900 $0.052922 (68%) $0 (0%) $0 (0%) $0.024978 (32%) BTZ1 $0.083900 $0.053776 (64%) $0 (0%) $0 (0%) $0.030124 (36%) BLW1 $0.098100 $0.079947 (81%) $0 (0%) $0 (0%) $0.018153 (19%) BHK1 $0.074600 $0.049728 (67%) $0 (0%) $0 (0%) $0.024872 (33%) BIT1 $0.123700 $0.067668 (55%) $0 (0%) $0 (0%) $0.056032 (45%) Estimated Allocations as of December 30, 2022 Fund Distribution Net Income Net Realized Short- Term Gains Net Realized Long- Term Gains Return of Capital BCX1 $0.051800 $0.029945 (58%) $0 (0%) $0 (0%) $0.021855 (42%) BDJ $0.491504 $0.014037 (3%) $0.059953 (12%) $0.417514 (85%) $0 (0%) BGR1 $0.058500 $0.054627 (93%) $0 (0%) $0 (0%) $0.003873 (7%) BGY1 $0.033800 $0.001948 (6%) $0 (0%) $0 (0%) $0.031852 (94%) BME1 $0.213000 $0.032998 (15%) $0 (0%) $0 (0%) $0.180002 (85%) BMEZ1 $0.145000 $0 (0%) $0 (0%) $0 (0%) $0.145000 (100%) BOE1 $0.063000 $0.009331 (15%) $0 (0%) $0 (0%) $0.053669 (85%) BUI1 $0.121000 $0.035220 (29%) $0 (0%) $0 (0%) $0.085780 (71%) CII $1.005870 $0.009769 (1%) $0 (0%) $0.996101 (99%) $0 (0%) BST1 $0.250000 $0 (0%) $0 (0%) $0.023201 (9%) $0.226799 (91%) BSTZ1 $0.192000 $0 (0%) $0 (0%) $0 (0%) $0.192000 (100%) BIGZ1 $0.070000 $0 (0%) $0 (0%) $0 (0%) $0.070000 (100%) BCAT1 $0.104100 $0.053759 (52%) $0 (0%) $0 (0%) $0.050341 (48%) ECAT1 $0.100000 $0.032802 (33%) $0 (0%) $0 (0%) $0.067198 (67%) Estimated Allocations for the Fiscal Year through December 22, 2022 Fund Distribution Net Income Net Realized Short- Term Gains Net Realized Long- Term Gains Return of Capital EGF1 $0.451000 $0.304365 (67%) $0 (0%) $0 (0%) $0.146635 (33%) DSU1 $0.695500 $0.684464 (98%) $0 (0%) $0 (0%) $0.011036 (2%) FRA $0.774800 $0.774800 (100%) $0 (0%) $0 (0%) $0 (0%) BGT $0.751900 $0.751900 (100%) $0 (0%) $0 (0%) $0 (0%) HYT1 $0.856900 $0.581882 (68%) $0 (0%) $0 (0%) $0.275018 (32%) BTZ1 $0.922900 $0.768465 (83%) $0 (0%) $0 (0%) $0.154435 (17%) BLW1 $1.079100 $0.945571 (88%) $0 (0%) $0 (0%) $0.133529 (12%) BHK1 $0.820600 $0.656210 (80%) $0 (0%) $0 (0%) $0.164390 (20%) BIT1 $0.247400 $0.148819 (60%) $0 (0%) $0 (0%) $0.098581 (40%) Estimated Allocations for the Fiscal Year through December 30, 2022 Fund Distribution Net Income Net Realized Short- Term Gains Net Realized Long- Term Gains Return of Capital BCX1 $0.550400 $0.302550 (55%) $0 (0%) $0 (0%) $0.247850 (45%) BDJ $1.097304 $0.158990 (15%) $0.069630 (6%) $0.868684 (79%) $0 (0%) BGR1 $0.578500 $0.424570 (73%) $0 (0%) $0 (0%) $0.153930 (27%) BGY1 $0.405600 $0.101270 (25%) $0 (0%) $0.050400 (12%) $0.253930 (63%) BME1 $2.556000 $0.106430 (4%) $0 (0%) $2.266920 (89%) $0.182650 (7%) BMEZ1 $1.740000 $0 (0%) $0.122840 (7%) $1.120800 (64%) $0.496360 (29%) BOE1 $0.756000 $0.202510 (27%) $0 (0%) $0.120920 (16%) $0.432570 (57%) BUI1 $1.452000 $0.323160 (22%) $0 (0%) $0.365110 (25%) $0.763730 (53%) CII $2.100370 $0.060860 (2%) $0.431470 (21%) $1.608040 (77%) $0 (0%) BST1 $3.000000 $0 (0%) $0 (0%) $2.647720 (88%) $0.352280 (12%) BSTZ1 $2.304000 $0 (0%) $0 (0%) $0.883950 (38%) $1.420050 (62%) BIGZ1 $0.990000 $0 (0%) $0 (0%) $0 (0%) $0.990000 (100%) BCAT1 $1.249200 $0.587966 (47%) $0 (0%) $0 (0%) $0.661234 (53%) ECAT1 $1.200000 $0.233269 (19%) $0 (0%) $0 (0%) $0.966731 (81%) 1 The Fund estimates that it has distributed more than its income and net-realized capital gains in the current fiscal year; therefore, a portion of your distribution may be a return of capital. A return of capital may occur, for example, when some or all of the shareholder’s investment is paid back to the shareholder. A return of capital distribution does not necessarily reflect the Fund's investment performance and should not be confused with ‘yield’ or ‘income’. When distributions exceed total return performance, the difference will reduce the Fund’s net asset value per share. The amounts and sources of distributions reported are only estimates and are being provided to you pursuant to regulatory requirements and are not being provided for tax reporting purposes. The actual amounts and sources of the amounts for tax reporting purposes will depend upon each Fund’s investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. The Fund will send you a Form 1099-DIV for the calendar year that will tell you how to report these distributions for federal income tax purposes. Fund Performance and Distribution Rate Information: Fund Average annual total return (in relation to NAV) for the 5-year period ending on 11/30/2022 Annualized current distribution rate expressed as a percentage of NAV as of 11/30/2022 Cumulative total return (in relation to NAV) for the fiscal year through 11/30/2022 Cumulative fiscal year distributions as a percentage of NAV as of 11/30/2022 BCX 9.89% 5.35% 19.72% 4.29% BDJ 6.96% 7.08% (0.70)% 6.36% BGR 6.21% 4.78% 42.41% 3.54% BGY 3.91% 6.89% (7.20)% 6.31% BME 10.44% 5.80% (3.02)% 5.32% BMEZ* 5.58% 9.03% (20.30)% 8.28% BOE 4.38% 6.70% (9.88)% 6.14% BUI 8.28% 6.30% (5.47)% 5.78% CII 8.93% 6.19% (7.58)% 5.68% BST 10.61% 9.49% (34.92)% 8.70% BSTZ* 9.13% 10.97% (40.47)% 10.06% BIGZ* (30.96)% 8.97% (38.13)% 9.83% EGF -1.86% 4.70% -14.70% 3.92% DSU 3.69% 8.07% -3.33% 5.96% FRA 3.67% 7.53% -1.89% 5.42% BGT 3.68% 7.53% -1.93% 5.42% HYT 3.29% 9.92% -14.92% 8.27% BTZ 1.77% 8.89% -19.21% 7.41% BLW 2.89% 8.63% -10.85% 7.19% BHK 0.45% 8.04% -23.25% 6.70% BIT 3.01% 10.02% 1.87% 0.84% BCAT* 0.12% 7.16% (10.06)% 6.56% ECAT* (4.80)% 6.88% (9.25)% 6.31% * Portfolio launched within the past 5 years; the performance and distribution rate information presented for this Fund reflects data from inception to 11/30/2022. Shareholders should not draw any conclusions about a Fund’s investment performance from the amount of the Fund’s current distributions or from the terms of the Fund’s Plan. BlackRock Income Trust, Inc. (NYSE: BKT) and BlackRock Taxable Municipal Bond Trust (NYSE: BBN) have adopted a Plan whereby the Fund will make fixed monthly distributions to common stockholders and will distribute all available net income to its stockholders, consistent with its investment objective and as required by the Code. The fixed amount distributed per share is subject to change at the discretion of BKT and BBN’s Board. If sufficient net income is not available on a monthly basis, a Fund will distribute long-term capital gains and/or return capital to its stockholders in order to maintain a level distribution. BKT and BBN are currently not relying on any exemptive relief from Section 19(b) of the Investment Company Act of 1940, as amended (the “1940 Act”). Each Fund expects that distributions under the Plan will exceed current income and capital gains and therefore will likely include a return of capital. BKT and BBN may make additional distributions from time to time, including additional capital gain distributions at the end of the taxable year, if required to meet requirements imposed by the Code and/or the 1940 Act. BKT and BBN’s estimated sources of the distributions paid as of December 22, 2022 and for its current fiscal year are as follows: Estimated Allocations as of December 22, 2022 Fund Distribution Net Income Net Realized Short-Term Gains Net Realized Long- Term Gains Return of Capital BKT2 $0.088200 $0.033984 (39%) $0 (0%) $0 (0%) $0.054216 (61%) BBN2 $0.102900 $0.077909 (76%) $0 (0%) $0 (0%) $0.024991 (24%) Estimated Allocations for the Fiscal Year through December 22, 2022 Fund Distribution Net Income Net Realized Short-Term Gains Net Realized Long- Term Gains Return of Capital BKT2 $1.030200 $0.589077 (57%) $0 (0%) $0 (0%) $0.441123 (43%) BBN2 $1.331900 $1.109726 (83%) $0 (0%) $0 (0%) $0.222174 (17%) 2 The Fund estimates that it has distributed more than its income and net-realized capital gains in the current fiscal year; therefore, a portion of your distribution may be a return of capital. A return of capital may occur, for example, when some or all of the shareholder’s investment is paid back to the shareholder. A return of capital distribution does not necessarily reflect the Fund's investment performance and should not be confused with ‘yield’ or ‘income’. When distributions exceed total return performance, the difference will reduce the Fund’s net asset value per share. The amounts and sources of distributions reported are only estimates and are being provided to you pursuant to regulatory requirements and are not being provided for tax reporting purposes. The actual amounts and sources of the amounts for tax reporting purposes will depend upon BKT and BBN’s investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. BKT and BBN will send its stockholders a Form 1099-DIV for the calendar year that will illustrate how to report these distributions for federal income tax purposes. Fund Performance and Distribution Rate Information: Fund Average annual total return (in relation to NAV) for the 5-year period ending on 11/30/2022 Annualized current distribution rate expressed as a percentage of NAV as of 11/30/2022 Cumulative total return (in relation to NAV) for the fiscal year through 11/30/2022 Cumulative fiscal year distributions as a percentage of NAV as 11/30/2022 BKT (1.01)% 7.93% (15.68)% 7.06% BBN 0.22% 7.04% (26.04)% 7.01% No conclusions should be drawn about BKT or BBN’s investment performance from the amount of the Fund’s distributions or from the terms of the Fund’s Plan. The amount distributed per share under a Plan is subject to change at the discretion of the applicable Fund’s Board. Each Plan will be subject to ongoing review by the Board to determine whether the Plan should be continued, modified or terminated. The Board may amend the terms of a Plan or suspend or terminate a Plan at any time without prior notice to the Fund’s shareholders if it deems such actions to be in the best interest of the Fund or its shareholders. The amendment or termination of a Plan could have an adverse effect on the market price of the Fund's shares. About BlackRock BlackRock’s purpose is to help more and more people experience financial well-being. As a fiduciary to investors and a leading provider of financial technology, we help millions of people build savings that serve them throughout their lives by making investing easier and more affordable. For additional information on BlackRock, please visit www.blackrock.com/corporate | Twitter: @blackrock | LinkedIn: www.linkedin.com/company/blackrock Availability of Fund Updates BlackRock will update performance and certain other data for the Funds on a monthly basis on its website in the “Closed-end Funds” section of www.blackrock.com as well as certain other material information as necessary from time to time. Investors and others are advised to check the website for updated performance information and the release of other material information about the Funds. This reference to BlackRock’s website is intended to allow investors public access to information regarding the Funds and does not, and is not intended to, incorporate BlackRock’s website in this release. Forward-Looking Statements This press release, and other statements that BlackRock or a Fund may make, may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act, with respect to a Fund’s or BlackRock’s future financial or business performance, strategies or expectations. Forward-looking statements are typically identified by words or phrases such as “trend,” “potential,” “opportunity,” “pipeline,” “believe,” “comfortable,” “expect,” “anticipate,” “current,” “intention,” “estimate,” “position,” “assume,” “outlook,” “continue,” “remain,” “maintain,” “sustain,” “seek,” “achieve,” and similar expressions, or future or conditional verbs such as “will,” “would,” “should,” “could,” “may” or similar expressions. BlackRock cautions that forward-looking statements are subject to numerous assumptions, risks and uncertainties, which change over time. Forward-looking statements speak only as of the date they are made, and BlackRock assumes no duty to and does not undertake to update forward-looking statements. Actual results could differ materially from those anticipated in forward-looking statements and future results could differ materially from historical performance. With respect to the Funds, the following factors, among others, could cause actual events to differ materially from forward-looking statements or historical performance: (1) changes and volatility in political, economic or industry conditions, the interest rate environment, foreign exchange rates or financial and capital markets, which could result in changes in demand for the Funds or in a Fund’s net asset value; (2) the relative and absolute investment performance of a Fund and its investments; (3) the impact of increased competition; (4) the unfavorable resolution of any legal proceedings; (5) the extent and timing of any distributions or share repurchases; (6) the impact, extent and timing of technological changes; (7) the impact of legislative and regulatory actions and reforms, and regulatory, supervisory or enforcement actions of government agencies relating to a Fund or BlackRock, as applicable; (8) terrorist activities, international hostilities, health epidemics and/or pandemics and natural disasters, which may adversely affect the general economy, domestic and local financial and capital markets, specific industries or BlackRock; (9) BlackRock’s ability to attract and retain highly talented professionals; (10) the impact of BlackRock electing to provide support to its products from time to time; and (11) the impact of problems at other financial institutions or the failure or negative performance of products at other financial institutions. Annual and Semi-Annual Reports and other regulatory filings of the Funds with the Securities and Exchange Commission (“SEC”) are accessible on the SEC's website at www.sec.gov and on BlackRock’s website at www.blackrock.com, and may discuss these or other factors that affect the Funds. The information contained on BlackRock’s website is not a part of this press release. |
businesswire.com |
2023-01-03 19:30:00 |
Czytaj oryginał (ang.) |
| Distribution Dates and Amounts Announced for Certain BlackRock Closed-End Funds |
NEW YORK--(BUSINESS WIRE)--Certain BlackRock closed-end funds (the “Funds”) announced distributions today as detailed below. Certain municipal Funds announced decreases to their monthly distributions. Generally, these distribution changes were made in order to better align the applicable Fund’s distribution rate with its current and projected level of earnings. Certain municipal and equity Funds declared special distributions in order to satisfy each Fund’s excise tax requirements. BlackRock Enhanced Equity Dividend Trust (NYSE: BDJ) and BlackRock Health Sciences Trust II (NYSE: BMEZ) previously declared their December distributions. Municipal Funds: Declaration- 12/6/2022 Ex-Date- 12/15/2022 Record- 12/16/2022 Payable- 12/30/2022 National Funds Ticker Distribution Change From Prior Distribution BlackRock Municipal Income Quality Trust BYM $0.038000 (0.008000) BlackRock Long-Term Municipal Advantage Trust BTA $0.043500 - BlackRock MuniAssets Fund, Inc.* MUA $0.045500 - BlackRock Municipal Income Fund, Inc. MUI $0.034000 (0.009000) BlackRock Municipal Income Trust* BFK $0.036500 - BlackRock Investment Quality Municipal Trust, Inc. BKN $0.044500 (0.009500) BlackRock Municipal Income Trust II BLE $0.037000 (0.005000) BlackRock Municipal 2030 Target Term Trust BTT $0.056400 (0.006000) BlackRock MuniHoldings Fund* MHD $0.041000 (0.006500) BlackRock MuniYield Quality Fund II, Inc. MQT $0.037500 (0.005500) BlackRock MuniYield Quality Fund, Inc. MQY $0.047000 - BlackRock MuniHoldings Quality Fund II, Inc. MUE $0.033500 (0.008000) BlackRock MuniVest Fund II, Inc.* MVT $0.035500 (0.004500) BlackRock MuniYield Fund, Inc. MYD $0.040500 - BlackRock MuniYield Quality Fund III, Inc. MYI $0.040500 - BlackRock MuniVest Fund, Inc.* MVF $0.021000 (0.005500) State-Specific Funds Ticker Distribution Change From Prior Distribution BlackRock MuniHoldings California Quality Fund, Inc.* MUC $0.038500 (0.005500) BlackRock California Municipal Income Trust BFZ $0.034000 - BlackRock MuniYield Michigan Quality Fund, Inc.* MIY $0.040500 (0.003500) BlackRock MuniHoldings New Jersey Quality Fund, Inc.* MUJ $0.042000 (0.008000) BlackRock MuniHoldings New York Quality Fund, Inc. MHN $0.036500 - BlackRock MuniYield New York Quality Fund, Inc.* MYN $0.035500 - BlackRock New York Municipal Income Trust* BNY $0.037500 - BlackRock MuniYield Pennsylvania Quality Fund* MPA $0.034000 (0.010000) BlackRock Virginia Municipal Bond Trust* BHV $0.029500 (0.006000) Equity Funds: Declaration- 12/6/2022 Ex-Date- 12/15/2022 Record- 12/16/2022 Payable- 12/30/2022 Fund Ticker Distribution Change From Prior Distribution BlackRock Resources & Commodities Strategy Trust* BCX $0.051800 - BlackRock Energy and Resources Trust* BGR $0.058500 - BlackRock Enhanced International Dividend Trust* BGY $0.033800 - BlackRock Health Sciences Trust* BME $0.213000 - BlackRock Enhanced Global Dividend Trust* BOE $0.063000 - BlackRock Utilities, Infrastructure & Power Opportunities Trust* BUI $0.121000 - BlackRock Enhanced Capital and Income Fund, Inc.* CII $0.099500 - BlackRock Science and Technology Trust* BST $0.250000 - BlackRock Science and Technology Trust II* BSTZ $0.192000 - BlackRock Innovation and Growth Trust* BIGZ $0.070000 - Multi-Asset Funds: Declaration- 12/6/2022 Ex-Date- 12/15/2022 Record- 12/16/2022 Payable- 12/30/2022 Fund Ticker Distribution Change From Prior Distribution BlackRock Capital Allocation Trust* BCAT $0.104100 - BlackRock ESG Capital Allocation Trust* ECAT $0.100000 - Special Distributions Municipal Funds: Declaration- 12/6/2022 Ex-Date- 12/15/2022 Record- 12/16/2022 Payable- 12/30/2022 Fund Ticker Taxable Net Investment Income Short-Term Capital Gain Long-Term Capital Gain BlackRock California Municipal Income Trust BFZ 0.0020660 - - BlackRock Municipal Income Trust II BLE 0.0023720 - - BlackRock Long-Term Municipal Advantage Trust BTA 0.0124150 - - BlackRock Municipal 2030 Target Term Trust BTT 0.0033670 - - BlackRock MuniHoldings Fund* MHD 0.0027000 - - BlackRock MuniHoldings New York Quality Fund, Inc. MHN 0.0011300 - - BlackRock MuniYield Quality Fund II, Inc. MQT 0.0017810 - - BlackRock MuniYield Quality Fund, Inc. MQY 0.0009800 - - BlackRock MuniAssets Fund, Inc.* MUA 0.0247150 - 0.1563370 BlackRock MuniHoldings California Quality Fund, Inc.* MUC 0.0007920 - - BlackRock Municipal Income Fund, Inc. MUI 0.0005990 - - BlackRock MuniVest Fund, Inc.* MVF 0.0003550 - - BlackRock MuniVest Fund II, Inc.* MVT 0.0024350 - - BlackRock MuniYield Fund, Inc. MYD 0.0024810 - - BlackRock MuniYield Quality Fund III, Inc. MYI 0.0003070 - - Equity Funds: Declaration- 12/6/2022 Ex-Date- 12/15/2022 Record- 12/16/2022 Payable- 12/30/2022 Fund Ticker Long-Term Capital Gain BlackRock Enhanced Equity Dividend Trust* BDJ 0.2738835 BlackRock Enhanced Capital and Income Fund, Inc.* CII 0.9063700 * In order to comply with the requirements of Section 19 of the Investment Company Act of 1940, as amended (the “1940 Act”), each of the Funds noted above posted to the DTC bulletin board and sent to its shareholders of record as of the applicable record date a Section 19 notice with the previous distribution payment. The Section 19 notice was provided for informational purposes only and not for tax reporting purposes. This information can be found in the “Closed-End Funds” section of www.blackrock.com. As applicable, the final determination of the source and tax characteristics of all distributions in 2022 will be made after the end of the year. BlackRock Resources & Commodities Strategy Trust (NYSE: BCX), BlackRock Enhanced Equity Dividend Trust (NYSE: BDJ), BlackRock Energy and Resources Trust (NYSE: BGR), BlackRock Enhanced International Dividend Trust (NYSE: BGY), BlackRock Health Sciences Trust (NYSE: BME), BlackRock Health Sciences Trust II (NYSE: BMEZ), BlackRock Enhanced Global Dividend Trust (NYSE: BOE), BlackRock Utilities, Infrastructure & Power Opportunities Trust (NYSE: BUI), BlackRock Enhanced Capital and Income Fund, Inc. (NYSE: CII), BlackRock Science and Technology Trust (NYSE: BST), BlackRock Science and Technology Trust II (NYSE: BSTZ), BlackRock Innovation and Growth Trust (NYSE: BIGZ), BlackRock Capital Allocation Trust (NYSE: BCAT), and BlackRock ESG Capital Allocation Trust (NYSE: ECAT) (collectively, the “Plan Funds”) have adopted a managed distribution plan (a “Plan”) to support a level distribution of income, capital gains and/or return of capital. The fixed amounts distributed per share are subject to change at the discretion of each Plan Fund’s Board of Directors/Trustees. Under its Plan, each Plan Fund will distribute all available investment income to its shareholders, consistent with its investment objectives and as required by the Internal Revenue Code of 1986, as amended (the “Code”). If sufficient investment income is not available on a monthly basis, each Plan Fund will distribute long-term capital gains and/or return capital to its shareholders in order to maintain a level distribution. The Funds’ estimated sources of the distributions paid this month and for their current fiscal year are as follows: Estimated Allocations as of November 30, 2022 Fund Distribution Net Income Net Realized Short- Term Gains Net Realized Long- Term Gains Return of Capital BCX1 $0.051800 $0.017174 (33%) $0 (0%) $0 (0%) $0.034626 (67%) BDJ $0.056200 $0.013675 (24%) $0 (0%) $0.042525 (76%) $0 (0%) BGR1 $0.058500 $0.051106 (87%) $0 (0%) $0 (0%) $0.007394 (13%) BGY1 $0.033800 $0.003328 (10%) $0 (0%) $0.004699 (14%) $0.025773 (76%) BME $0.213000 $0 (0%) $0 (0%) $0.213000 (100%) $0 (0%) BMEZ1 $0.145000 $0 (0%) $0 (0%) $0.133814 (92%) $0.011186 (8%) BOE1 $0.063000 $0.011064 (18%) $0 (0%) $0.016968 (27%) $0.034968 (55%) BUI1 $0.121000 $0.021854 (18%) $0 (0%) $0 (0%) $0.099146 (82%) CII $0.099500 $0.004770 (5%) $0 (0%) $0.094730 (95%) $0 (0%) BST1 $0.250000 $0 (0%) $0 (0%) $0.124523 (50%) $0.125477 (50%) BSTZ1 $0.192000 $0 (0%) $0 (0%) $0 (0%) $0.192000 (100%) BIGZ1 $0.070000 $0 (0%) $0 (0%) $0 (0%) $0.070000 (100%) BCAT1 $0.104100 $0.048390 (46%) $0 (0%) $0 (0%) $0.055710 (54%) ECAT1 $0.100000 $0.024258 (24%) $0 (0%) $0 (0%) $0.075742 (76%) Estimated Allocations for the Fiscal Year through November 30, 2022 Fund Distribution Net Income Net Realized Short- Term Gains Net Realized Long- Term Gains Return of Capital BCX1 $0.498600 $0.271819 (55%) $0 (0%) $0 (0%) $0.226781 (45%) BDJ $0.605800 $0.144950 (24%) $0.009680 (2%) $0.451170 (74%) $0 (0%) BGR1 $0.520000 $0.369941 (71%) $0 (0%) $0 (0%) $0.150059 (29%) BGY1 $0.371800 $0.099101 (27%) $0 (0%) $0.113631 (31%) $0.159068 (42%) BME $2.343000 $0.073869 (3%) $0 (0%) $2.269131 (97%) $0 (0%) BMEZ1 $1.595000 $0 (0%) $0.318836 (20%) $1.148971 (72%) $0.127193 (8%) BOE1 $0.693000 $0.192661 (28%) $0 (0%) $0.458344 (66%) $0.041995 (6%) BUI1 $1.331000 $0.287941 (22%) $0 (0%) $0.462721 (35%) $0.580338 (43%) CII $1.094500 $0.051090 (5%) $0.44136 (40%) $0.602050 (55%) $0 (0%) BST1 $2.750000 $0 (0%) $0 (0%) $2.624523 (95%) $0.125477 (5%) BSTZ1 $2.112000 $0 (0%) $0 (0%) $1.058710 (50%) $1.05329 (50%) BIGZ1 $0.920000 $0 (0%) $0 (0%) $0 (0%) $0.920000 (100%) BCAT1 $1.145100 $0.531965 (46%) $0 (0%) $0 (0%) $0.613135 (54%) ECAT1 $1.100000 $0.199590 (18%) $0 (0%) $0 (0%) $0.900410 (82%) 1 The Fund estimates that it has distributed more than its income and net-realized capital gains in the current fiscal year; therefore, a portion of your distribution may be a return of capital. A return of capital may occur, for example, when some or all of the shareholder’s investment is paid back to the shareholder. A return of capital distribution does not necessarily reflect the Fund's investment performance and should not be confused with ‘yield’ or ‘income’. When distributions exceed total return performance, the difference will reduce the Fund’s net asset value per share. The amounts and sources of distributions reported are only estimates and are being provided to you pursuant to regulatory requirements and are not being provided for tax reporting purposes. The actual amounts and sources of the amounts for tax reporting purposes will depend upon each Fund’s investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. The Fund will send you a Form 1099-DIV for the calendar year that will tell you how to report these distributions for federal income tax purposes. Fund Performance and Distribution Rate Information: Fund Average annual total return (in relation to NAV) for the 5-year period ending on 10/31/2022 Annualized current distribution rate expressed as a percentage of NAV as of 10/31/2022 Cumulative total return (in relation to NAV) for the fiscal year through 10/31/2022 Cumulative fiscal year distributions as a percentage of NAV as of 10/31/2022 BCX 8.29% 5.80% 9.77% 4.17% BDJ 6.28% 7.43% (5.86)% 6.05% BGR 5.69% 4.94% 37.22% 3.25% BGY 1.74% 7.67% (17.18)% 6.39% BME 10.10% 6.03% (7.04)% 5.02% BMEZ* 3.78% 9.43% (24.33)% 7.86% BOE 3.05% 7.19% (16.56)% 5.99% BUI 6.82% 6.85% (13.54)% 5.71% CII 8.46% 6.48% (12.09)% 5.40% BST 10.28% 9.68% (36.68)% 8.06% BSTZ* 8.77% 11.05% (41.54)% 9.21% BIGZ* (34.31)% 9.33% (41.07)% 9.44% BCAT* (1.96)% 7.43% (13.92)% 6.19% ECAT* (11.28)% 7.27% (14.69)% 6.06% * Portfolio launched within the past 5 years; the performance and distribution rate information presented for this Fund reflects data from inception to 10/31/2022. Shareholders should not draw any conclusions about a Fund’s investment performance from the amount of the Fund’s current distributions or from the terms of the Fund’s Plan. About BlackRock BlackRock’s purpose is to help more and more people experience financial well-being. As a fiduciary to investors and a leading provider of financial technology, we help millions of people build savings that serve them throughout their lives by making investing easier and more affordable. For additional information on BlackRock, please visit www.blackrock.com/corporate | Twitter: @blackrock | LinkedIn: www.linkedin.com/company/blackrock Availability of Fund Updates BlackRock will update performance and certain other data for the Funds on a monthly basis on its website in the “Closed-end Funds” section of www.blackrock.com as well as certain other material information as necessary from time to time. Investors and others are advised to check the website for updated performance information and the release of other material information about the Funds. This reference to BlackRock’s website is intended to allow investors public access to information regarding the Funds and does not, and is not intended to, incorporate BlackRock’s website in this release. Forward-Looking Statements This press release, and other statements that BlackRock or a Fund may make, may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act, with respect to a Fund’s or BlackRock’s future financial or business performance, strategies or expectations. Forward-looking statements are typically identified by words or phrases such as “trend,” “potential,” “opportunity,” “pipeline,” “believe,” “comfortable,” “expect,” “anticipate,” “current,” “intention,” “estimate,” “position,” “assume,” “outlook,” “continue,” “remain,” “maintain,” “sustain,” “seek,” “achieve,” and similar expressions, or future or conditional verbs such as “will,” “would,” “should,” “could,” “may” or similar expressions. BlackRock cautions that forward-looking statements are subject to numerous assumptions, risks and uncertainties, which change over time. Forward-looking statements speak only as of the date they are made, and BlackRock assumes no duty to and does not undertake to update forward-looking statements. Actual results could differ materially from those anticipated in forward-looking statements and future results could differ materially from historical performance. With respect to the Funds, the following factors, among others, could cause actual events to differ materially from forward-looking statements or historical performance: (1) changes and volatility in political, economic or industry conditions, the interest rate environment, foreign exchange rates or financial and capital markets, which could result in changes in demand for the Funds or in a Fund’s net asset value; (2) the relative and absolute investment performance of a Fund and its investments; (3) the impact of increased competition; (4) the unfavorable resolution of any legal proceedings; (5) the extent and timing of any distributions or share repurchases; (6) the impact, extent and timing of technological changes; (7) the impact of legislative and regulatory actions and reforms, and regulatory, supervisory or enforcement actions of government agencies relating to a Fund or BlackRock, as applicable; (8) terrorist activities, international hostilities, health epidemics and/or pandemics and natural disasters, which may adversely affect the general economy, domestic and local financial and capital markets, specific industries or BlackRock; (9) BlackRock’s ability to attract and retain highly talented professionals; (10) the impact of BlackRock electing to provide support to its products from time to time; and (11) the impact of problems at other financial institutions or the failure or negative performance of products at other financial institutions. Annual and Semi-Annual Reports and other regulatory filings of the Funds with the Securities and Exchange Commission (“SEC”) are accessible on the SEC's website at www.sec.gov and on BlackRock’s website at www.blackrock.com, and may discuss these or other factors that affect the Funds. The information contained on BlackRock’s website is not a part of this press release. |
businesswire.com |
2022-12-06 18:30:00 |
Czytaj oryginał (ang.) |
| Distribution Dates and Amounts Announced for Certain BlackRock Closed-End Funds |
NEW YORK--(BUSINESS WIRE)--Certain BlackRock closed-end funds (the “Funds”) announced distributions today as detailed below. BlackRock Enhanced Equity Dividend Trust (NYSE: BDJ) and BlackRock Health Sciences Trust II (NYSE: BMEZ) previously declared their November and December distributions early. Municipal Funds: Declaration- 11/1/2022 Ex-Date- 11/14/2022 Record- 11/15/2022 Payable- 12/1/2022 National Funds Ticker Distribution Change From Prior Distribution BlackRock Municipal Income Quality Trust BYM $0.046000 - BlackRock Long-Term Municipal Advantage Trust BTA $0.043500 - BlackRock MuniAssets Fund, Inc.* MUA $0.045500 - BlackRock Municipal Income Fund, Inc.* MUI $0.043000 - BlackRock Municipal Income Trust* BFK $0.036500 - BlackRock Investment Quality Municipal Trust, Inc.* BKN $0.054000 - BlackRock Municipal Income Trust II* BLE $0.042000 - BlackRock Municipal 2030 Target Term Trust BTT $0.062400 - BlackRock MuniHoldings Fund* MHD $0.047500 - BlackRock MuniYield Quality Fund II, Inc.* MQT $0.043000 - BlackRock MuniYield Quality Fund, Inc. MQY $0.047000 - BlackRock MuniHoldings Quality Fund II, Inc.* MUE $0.041500 - BlackRock MuniVest Fund II, Inc.* MVT $0.040000 - BlackRock MuniYield Fund, Inc.* MYD $0.040500 - BlackRock MuniYield Quality Fund III, Inc. MYI $0.040500 - BlackRock MuniVest Fund, Inc.* MVF $0.026500 - State-Specific Funds Ticker Distribution Change From Prior Distribution BlackRock MuniHoldings California Quality Fund, Inc.* MUC $0.044000 - BlackRock California Municipal Income Trust BFZ $0.034000 - BlackRock MuniYield Michigan Quality Fund, Inc.* MIY $0.044000 - BlackRock MuniHoldings New Jersey Quality Fund, Inc.* MUJ $0.050000 - BlackRock MuniHoldings New York Quality Fund, Inc.* MHN $0.036500 - BlackRock MuniYield New York Quality Fund, Inc.* MYN $0.035500 - BlackRock New York Municipal Income Trust* BNY $0.037500 - BlackRock MuniYield Pennsylvania Quality Fund* MPA $0.044000 - BlackRock Virginia Municipal Bond Trust* BHV $0.035500 - Taxable Municipal Fund: Declaration- 11/1/2022 Ex-Date- 11/14/2022 Record- 11/15/2022 Payable- 11/30/2022 Fund Ticker Distribution Change From Prior Distribution BlackRock Taxable Municipal Bond Trust* BBN $0.122900 - Taxable Fixed Income Funds: Declaration- 11/1/2022 Ex-Date- 11/14/2022 Record- 11/15/2022 Payable- 11/30/2022 Fund Ticker Distribution Change From Prior Distribution BlackRock Floating Rate Income Trust* BGT $0.078100 - BlackRock Core Bond Trust* BHK $0.074600 - BlackRock Multi-Sector Income Trust* BIT $0.123700 - BlackRock Income Trust, Inc.* BKT $0.088200 - BlackRock Limited Duration Income Trust* BLW $0.098100 - BlackRock Credit Allocation Income Trust* BTZ $0.083900 - BlackRock Debt Strategies Fund, Inc.* DSU $0.070500 - BlackRock Enhanced Government Fund, Inc.* EGF $0.041000 - BlackRock Floating Rate Income Strategies Fund, Inc.* FRA $0.080400 - BlackRock Corporate High Yield Fund, Inc.* HYT $0.077900 - Equity Funds: Declaration- 11/1/2022 Ex-Date- 11/14/2022 Record- 11/15/2022 Payable- 11/30/2022 Fund Ticker Distribution Change From Prior Distribution BlackRock Resources & Commodities Strategy Trust* BCX $0.051800 - BlackRock Energy and Resources Trust* BGR $0.058500 - BlackRock Enhanced International Dividend Trust* BGY $0.033800 - BlackRock Health Sciences Trust* BME $0.213000 - BlackRock Enhanced Global Dividend Trust* BOE $0.063000 - BlackRock Utilities, Infrastructure & Power Opportunities Trust* BUI $0.121000 - BlackRock Enhanced Capital and Income Fund, Inc.* CII $0.099500 - BlackRock Science and Technology Trust* BST $0.250000 - BlackRock Science and Technology Trust II* BSTZ $0.192000 - BlackRock Innovation and Growth Trust* BIGZ $0.070000 - Multi-Asset Funds: Declaration- 11/1/2022 Ex-Date- 11/14/2022 Record- 11/15/2022 Payable- 11/30/2022 Fund Ticker Distribution Change From Prior Distribution BlackRock Capital Allocation Trust* BCAT $0.104100 - BlackRock ESG Capital Allocation Trust* ECAT $0.100000 - * In order to comply with the requirements of Section 19 of the Investment Company Act of 1940, as amended (the “1940 Act”), each of the Funds noted above posted to the DTC bulletin board and sent to its shareholders of record as of the applicable record date a Section 19 notice with the previous distribution payment. The Section 19 notice was provided for informational purposes only and not for tax reporting purposes. This information can be found in the “Closed-End Funds” section of www.blackrock.com. As applicable, the final determination of the source and tax characteristics of all distributions in 2022 will be made after the end of the year. BlackRock Resources & Commodities Strategy Trust (NYSE: BCX), BlackRock Enhanced Equity Dividend Trust (NYSE: BDJ), BlackRock Energy and Resources Trust (NYSE: BGR), BlackRock Enhanced International Dividend Trust (NYSE: BGY), BlackRock Health Sciences Trust (NYSE: BME), BlackRock Health Sciences Trust II (NYSE: BMEZ), BlackRock Enhanced Global Dividend Trust (NYSE: BOE), BlackRock Utilities, Infrastructure & Power Opportunities Trust (NYSE: BUI), BlackRock Enhanced Capital and Income Fund, Inc. (NYSE: CII), BlackRock Science and Technology Trust (NYSE: BST), BlackRock Science and Technology Trust II (NYSE: BSTZ), BlackRock Innovation and Growth Trust (NYSE: BIGZ), BlackRock Enhanced Government Fund, Inc. (NYSE: EGF) , BlackRock Debt Strategies Fund, Inc. (NYSE: DSU), BlackRock Floating Rate Income Strategies Fund, Inc. (NYSE: FRA), BlackRock Floating Rate Income Trust (NYSE: BGT), BlackRock Corporate High Yield Fund, Inc. (NYSE: HYT), BlackRock Credit Allocation Income Trust (NYSE: BTZ), BlackRock Limited Duration Income Trust (NYSE: BLW), BlackRock Core Bond Trust (NYSE: BHK), BlackRock Multi-Sector Income Trust (NYSE: BIT), BlackRock Capital Allocation Trust (NYSE: BCAT), and BlackRock ESG Capital Allocation Trust (NYSE: ECAT) (collectively, the “Plan Funds”) have adopted a managed distribution plan (a “Plan”) to support a level distribution of income, capital gains and/or return of capital. The fixed amounts distributed per share are subject to change at the discretion of each Plan Fund’s Board of Directors/Trustees. Under its Plan, each Plan Fund will distribute all available investment income to its shareholders, consistent with its investment objectives and as required by the Internal Revenue Code of 1986, as amended (the “Code”). If sufficient investment income is not available on a monthly basis, each Plan Fund will distribute long-term capital gains and/or return capital to its shareholders in order to maintain a level distribution. The Funds’ estimated sources of the distributions paid this month and for their current fiscal year are as follows: Estimated Allocations as of October 31, 2022 Fund Distribution Net Income Net Realized Short- Term Gains Net Realized Long- Term Gains Return of Capital BCX1 $0.051800 $0.019934 (38%) $0 (0%) $0 (0%) $0.031866 (62%) BDJ $0.056200 $0.017077 (30%) $0.039123 (70%) $0 (0%) $0 (0%) BGR1 $0.058500 $0.025885 (44%) $0 (0%) $0 (0%) $0.032615 (56%) BGY1 $0.033800 $0.004386 (13%) $0 (0%) $0.029414 (87%) $0 (0%) BME $0.213000 $0.006033 (3%) $0 (0%) $0.206967 (97%) $0 (0%) BMEZ $0.145000 $0 (0%) $0.068887 (48%) $0.076113 (52%) $0 (0%) BOE $0.063000 $0.014775 (24%) $0.007805 (12%) $0.040420 (64%) $0 (0%) BUI1 $0.121000 $0.002131 (1%) $0 (0%) $0.080487 (67%) $0.038382 (32%) CII $0.099500 $0.006450 (6%) $0.09305 (94%) $0 (0%) $0 (0%) BST $0.250000 $0 (0%) $0 (0%) $0.250000 (100%) $0 (0%) BSTZ1 $0.192000 $0 (0%) $0 (0%) $0 (0%) $0.192000 (100%) BIGZ1 $0.070000 $0 (0%) $0 (0%) $0 (0%) $0.070000 (100%) EGF1 $0.041000 $0.021599 (53%) $0 (0%) $0 (0%) $0.019401 (47%) DSU1 $0.070500 $0.064173 (91%) $0 (0%) $0 (0%) $0.006327 (9%) FRA1 $0.080400 $0.077105 (96%) $0 (0%) $0 (0%) $0.003295 (4%) BGT1 $0.078100 $0.074910 (96%) $0 (0%) $0 (0%) $0.003190 (4%) HYT1 $0.077900 $0.034359 (44%) $0 (0%) $0 (0%) $0.043541 (56%) BTZ1 $0.083900 $0.056530 (67%) $0 (0%) $0 (0%) $0.027370 (33%) BLW1 $0.098100 $0.076105 (78%) $0 (0%) $0 (0%) $0.021995 (22%) BHK1 $0.074600 $0.047323 (63%) $0 (0%) $0 (0%) $0.027277 (37%) BIT1 $0.123700 $0.069521 (56%) $0 (0%) $0 (0%) $0.054179 (44%) BCAT1 $0.104100 $0.039283 (38%) $0 (0%) $0 (0%) $0.064817 (62%) ECAT1 $0.100000 $0.026839 (27%) $0 (0%) $0 (0%) $0.073161 (73%) Estimated Allocations for the Fiscal Year through October 31, 2022 Fund Distribution Net Income Net Realized Short- Term Gains Net Realized Long- Term Gains Return of Capital BCX1 $0.446800 $0.254645 (57%) $0 (0%) $0 (0%) $0.192155 (43%) BDJ $0.549600 $0.131275 (24%) $0.183330 (33%) $0.234995 (43%) $0 (0%) BGR1 $0.461500 $0.318836 (69%) $0 (0%) $0 (0%) $0.142664 (31%) BGY1 $0.338000 $0.095322 (28%) $0 (0%) $0.108932 (32%) $0.133746 (40%) BME $2.130000 $0.083745 (4%) $0 (0%) $2.046255 (96%) $0 (0%) BMEZ $1.450000 $0 (0%) $0.434844 (30%) $1.015156 (70%) $0 (0%) BOE $0.630000 $0.180819 (29%) $0.007805 (1%) $0.441376 (70%) $0 (0%) BUI1 $1.210000 $0.266087 (22%) $0 (0%) $0.474914 (39%) $0.468999 (39%) CII $0.995000 $0.046320 (4%) $0.475322 (48%) $0.473358 (48%) $0 (0%) BST $2.500000 $0 (0%) $0 (0%) $2.500000 (100%) $0 (0%) BSTZ1 $1.920000 $0 (0%) $0 (0%) $1.187412 (62%) $0.732588 (38%) BIGZ1 $0.850000 $0 (0%) $0 (0%) $0 (0%) $0.850000 (100%) EGF1 $0.369000 $0.241988 (66%) $0 (0%) $0 (0%) $0.127012 (34%) DSU1 $0.554500 $0.536859 (97%) $0 (0%) $0 (0%) $0.017641 (3%) FRA1 $0.614000 $0.606226 (99%) $0 (0%) $0 (0%) $0.007774 (1%) BGT1 $0.595700 $0.590190 (99%) $0 (0%) $0 (0%) $0.005510 (1%) HYT1 $0.701100 $0.539938 (77%) $0 (0%) $0 (0%) $0.161162 (23%) BTZ1 $0.755100 $0.649206 (86%) $0 (0%) $0 (0%) $0.105894 (14%) BLW1 $0.882900 $0.776433 (88%) $0 (0%) $0 (0%) $0.106467 (12%) BHK1 $0.671400 $0.552446 (82%) $0 (0%) $0 (0%) $0.118954 (18%) BIT1 $1.484400 $0.949678 (64%) $0 (0%) $0 (0%) $0.534722 (36%) BCAT1 $1.041000 $0.480856 (46%) $0 (0%) $0 (0%) $0.560144 (54%) ECAT1 $1.000000 $0.174548 (17%) $0 (0%) $0 (0%) $0.825452 (83%) 1The Fund estimates that it has distributed more than its income and net-realized capital gains in the current fiscal year; therefore, a portion of your distribution may be a return of capital. A return of capital may occur, for example, when some or all of the shareholder’s investment is paid back to the shareholder. A return of capital distribution does not necessarily reflect the Fund's investment performance and should not be confused with ‘yield’ or ‘income’. When distributions exceed total return performance, the difference will reduce the Fund’s net asset value per share. The amounts and sources of distributions reported are only estimates and are being provided to you pursuant to regulatory requirements and are not being provided for tax reporting purposes. The actual amounts and sources of the amounts for tax reporting purposes will depend upon each Fund’s investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. The Fund will send you a Form 1099-DIV for the calendar year that will tell you how to report these distributions for federal income tax purposes. Fund Performance and Distribution Rate Information: Fund Average annual total return (in relation to NAV) for the 5-year period ending on 9/30/2022 Annualized current distribution rate expressed as a percentage of NAV as of 9/30/2022 Cumulative total return (in relation to NAV) for the fiscal year through 9/30/2022 Cumulative fiscal year distributions as a percentage of NAV as of 9/30/2022 BCX 6.23% 6.45% (1.74)% 4.10% BDJ 4.79% 8.01% (13.24)% 5.86% BGR 2.59% 5.74% 17.67% 3.29% BGY 0.65% 8.08% (21.97)% 6.06% BME 8.43% 6.46% (13.67)% 4.84% BMEZ* 2.27% 9.75% (27.47)% 7.31% BOE 1.70% 7.62% (21.85)% 5.72% BUI 6.04% 7.19% (18.10)% 5.39% CII 7.42% 6.89% (17.90)% 5.17% BST 11.30% 9.67% (37.15)% 7.25% BSTZ* 9.03% 10.92% (41.50)% 8.19% BIGZ* (36.41)% 9.36% (41.85)% 8.70% EGF (2.27)% 4.78% (16.69)% 3.18% DSU 3.05% 8.29% (7.21)% 4.74% FRA 3.09% 7.69% (5.34)% 4.26% BGT 3.10% 7.69% (5.30)% 4.25% HYT 2.51% 10.17% (18.43)% 6.78% BTZ 0.73% 9.26% (23.72)% 6.17% BLW 1.98% 8.95% (15.34)% 5.97% BHK (0.22)% 8.26% (26.35)% 5.51% BIT 2.44% 10.26% (12.37)% 9.40% BCAT* (3.30)% 7.57% (16.13)% 5.67% ECAT* (15.14)% 7.54% (18.40)% 5.66% * Portfolio launched within the past 5 years; the performance and distribution rate information presented for this Fund reflects data from inception to 9/30/2022. Shareholders should not draw any conclusions about a Fund’s investment performance from the amount of the Fund’s current distributions or from the terms of the Fund’s Plan. BKT and BBN have adopted a Plan whereby the Fund will make fixed monthly distributions to common stockholders and will distribute all available net income to its stockholders, consistent with its investment objective and as required by the Code. The fixed amount distributed per share is subject to change at the discretion of BKT and BBN’s Board. If sufficient net income is not available on a monthly basis, a Fund will distribute long-term capital gains and/or return capital to its stockholders in order to maintain a level distribution. BKT and BBN are currently not relying on any exemptive relief from Section 19(b) of the Investment Company Act of 1940, as amended (the “1940 Act”). Each Fund expects that distributions under the Plan will exceed current income and capital gains and therefore will likely include a return of capital. BKT and BBN may make additional distributions from time to time, including additional capital gain distributions at the end of the taxable year, if required to meet requirements imposed by the Code and/or the 1940 Act. BKT and BBN’s estimated sources of the distributions paid as of October 31, 2022 and for its current fiscal year are as follows: Estimated Allocations as of October 31, 2022 Fund Distribution Net Income Net Realized Short-Term Gains Net Realized Long- Term Gains Return of Capital BKT2 $0.029400 $0.015760 (54%) $0 (0%) $0 (0%) $0.013640 (46%) BBN2 $0.122900 $0.083145 (68%) $0 (0%) $0 (0%) $0.039755 (32%) Estimated Allocations for the Fiscal Year through October 31, 2022 Fund Distribution Net Income Net Realized Short-Term Gains Net Realized Long- Term Gains Return of Capital BKT2 $0.284600 $0.169701 (60%) $0 (0%) $0 (0%) $0.114899 (40%) BBN2 $1.106100 $0.945493 (85%) $0 (0%) $0 (0%) $0.160607 (15%) 2The Fund estimates that it has distributed more than its income and net-realized capital gains in the current fiscal year; therefore, a portion of your distribution may be a return of capital. A return of capital may occur, for example, when some or all of the shareholder’s investment is paid back to the shareholder. A return of capital distribution does not necessarily reflect the Fund's investment performance and should not be confused with ‘yield’ or ‘income’. When distributions exceed total return performance, the difference will reduce the Fund’s net asset value per share. The amounts and sources of distributions reported are only estimates and are being provided to you pursuant to regulatory requirements and are not being provided for tax reporting purposes. The actual amounts and sources of the amounts for tax reporting purposes will depend upon BKT and BBN’s investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. BKT and BBN will send its stockholders a Form 1099-DIV for the calendar year that will illustrate how to report these distributions for federal income tax purposes. Fund Performance and Distribution Rate Information: Fund Average annual total return (in relation to NAV) for the 5-year period ending on 9/30/2022 Annualized current distribution rate expressed as a percentage of NAV as of 9/30/2022 Cumulative total return (in relation to NAV) for the fiscal year through 9/30/2022 Cumulative fiscal year distributions as a percentage of NAV as 9/30/2022 BKT (1.51)% 8.00% (17.61)% 5.79% BBN (0.20)% 8.60% (28.72)% 5.74% No conclusions should be drawn about BKT or BBN’s investment performance from the amount of the Fund’s distributions or from the terms of the Fund’s Plan. The amount distributed per share under a Plan is subject to change at the discretion of the applicable Fund’s Board. Each Plan will be subject to ongoing review by the Board to determine whether the Plan should be continued, modified or terminated. The Board may amend the terms of a Plan or suspend or terminate a Plan at any time without prior notice to the Fund’s shareholders if it deems such actions to be in the best interest of the Fund or its shareholders. The amendment or termination of a Plan could have an adverse effect on the market price of the Fund's shares. About BlackRock BlackRock’s purpose is to help more and more people experience financial well-being. As a fiduciary to investors and a leading provider of financial technology, we help millions of people build savings that serve them throughout their lives by making investing easier and more affordable. For additional information on BlackRock, please visit www.blackrock.com/corporate | Twitter: @blackrock | LinkedIn: www.linkedin.com/company/blackrock Availability of Fund Updates BlackRock will update performance and certain other data for the Funds on a monthly basis on its website in the “Closed-end Funds” section of www.blackrock.com as well as certain other material information as necessary from time to time. Investors and others are advised to check the website for updated performance information and the release of other material information about the Funds. This reference to BlackRock’s website is intended to allow investors public access to information regarding the Funds and does not, and is not intended to, incorporate BlackRock’s website in this release. Forward-Looking Statements This press release, and other statements that BlackRock or a Fund may make, may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act, with respect to a Fund’s or BlackRock’s future financial or business performance, strategies or expectations. Forward-looking statements are typically identified by words or phrases such as “trend,” “potential,” “opportunity,” “pipeline,” “believe,” “comfortable,” “expect,” “anticipate,” “current,” “intention,” “estimate,” “position,” “assume,” “outlook,” “continue,” “remain,” “maintain,” “sustain,” “seek,” “achieve,” and similar expressions, or future or conditional verbs such as “will,” “would,” “should,” “could,” “may” or similar expressions. BlackRock cautions that forward-looking statements are subject to numerous assumptions, risks and uncertainties, which change over time. Forward-looking statements speak only as of the date they are made, and BlackRock assumes no duty to and does not undertake to update forward-looking statements. Actual results could differ materially from those anticipated in forward-looking statements and future results could differ materially from historical performance. With respect to the Funds, the following factors, among others, could cause actual events to differ materially from forward-looking statements or historical performance: (1) changes and volatility in political, economic or industry conditions, the interest rate environment, foreign exchange rates or financial and capital markets, which could result in changes in demand for the Funds or in a Fund’s net asset value; (2) the relative and absolute investment performance of a Fund and its investments; (3) the impact of increased competition; (4) the unfavorable resolution of any legal proceedings; (5) the extent and timing of any distributions or share repurchases; (6) the impact, extent and timing of technological changes; (7) the impact of legislative and regulatory actions and reforms, and regulatory, supervisory or enforcement actions of government agencies relating to a Fund or BlackRock, as applicable; (8) terrorist activities, international hostilities, health epidemics and/or pandemics and natural disasters, which may adversely affect the general economy, domestic and local financial and capital markets, specific industries or BlackRock; (9) BlackRock’s ability to attract and retain highly talented professionals; (10) the impact of BlackRock electing to provide support to its products from time to time; and (11) the impact of problems at other financial institutions or the failure or negative performance of products at other financial institutions. Annual and Semi-Annual Reports and other regulatory filings of the Funds with the Securities and Exchange Commission (“SEC”) are accessible on the SEC's website at www.sec.gov and on BlackRock’s website at www.blackrock.com, and may discuss these or other factors that affect the Funds. The information contained on BlackRock’s website is not a part of this press release. |
businesswire.com |
2022-11-01 18:30:00 |
Czytaj oryginał (ang.) |
| BlackRock Closed-End Fund Share Repurchase Program Update |
NEW YORK--(BUSINESS WIRE)--BlackRock Advisors, LLC released today share repurchase activity for certain BlackRock closed-end funds (the “Funds”) during the quarter ended September 30, 2022. The Funds have authorized open market share repurchase programs (the “Repurchase Programs”) pursuant to which each Fund may repurchase, through November 30, 2022, up to 5% of its outstanding common shares in open market transactions. In September, BlackRock announced that the Boards of Directors/Trustees of the Funds have authorized the renewal of the Repurchase Programs through November 30, 2023. The Repurchase Programs seek to enhance shareholder value by purchasing Fund shares trading at a discount from their net asset value (“NAV”) per share, which could result in incremental accretion to a Fund’s NAV. Below is a summary of share repurchase activity over this past quarter and since the inception of each Fund’s Repurchase Program: Summary of share repurchase activity during the most recent calendar quarter ended September 30, 2022: Fund Name Ticker Number of Shares Purchased Total Amount of Shares Repurchased Total Amount of NAV Accretion BlackRock Energy and Resources Trust BGR 361,269 $4,051,879 $566,015 BlackRock California Municipal Income Trust BFZ 210,872 $2,375,882 $328,714 BlackRock Enhanced Global Dividend Trust BOE 207,535 $1,866,674 $255,735 BlackRock Resources & Commodities Strategy Trust BCX 246,758 $2,165,475 $267,434 BlackRock Innovation and Growth Trust BIGZ 1,975,283 $14,811,781 $3,204,019 BlackRock Enhanced International Dividend Trust BGY 384,492 $1,762,933 $217,088 BlackRock Health Sciences Trust II BMEZ 524,542 $7,967,859 $1,451,496 BlackRock Capital Allocation Trust BCAT 703,504 $10,393,473 $1,916,063 BlackRock ESG Capital Allocation Trust ECAT 538,782 $7,739,237 $1,483,448 Summary of share repurchase activity since Repurchase Program inception: Fund Name Ticker Number of Shares Purchased Total Amount of Shares Repurchased Total Amount of NAV Accretion BlackRock Energy and Resources Trust BGR 1,689,229 $16,086,551 $2,248,675 BlackRock Enhanced Equity Dividend Trust BDJ 2,974,888 $23,626,347 $2,641,607 BlackRock Enhanced Global Dividend Trust BOE 6,153,861 $63,556,550 $8,289,899 BlackRock Enhanced International Dividend Trust BGY 6,526,106 $35,057,525 $4,405,664 BlackRock Health Sciences Trust II BMEZ 1,110,477 $17,497,814 $3,147,474 BlackRock Innovation and Growth Trust BIGZ 9,507,667 $109,684,782 $18,594,272 BlackRock Capital Allocation Trust BCAT 2,674,051 $43,493,359 $6,752,476 BlackRock ESG Capital Allocation Trust ECAT 1,819,706 $26,683,083 $5,210,819 BlackRock Resources & Commodities Strategy Trust BCX 10,990,548 $85,333,490 $12,459,469 BlackRock Science and Technology Trust BST 136,367 $2,799,570 $284,111 BlackRock Corporate High Yield Fund, Inc. HYT 4,695,612 $48,249,031 $6,328,699 BlackRock Credit Allocation Income Trust BTZ 4,222,616 $52,321,626 $7,126,080 BlackRock Debt Strategies Fund, Inc. DSU 4,887,450 $54,871,336 $5,651,691 BlackRock Floating Rate Income Strategies Fund, Inc. FRA 2,000,291 $24,605,346 $3,520,574 BlackRock Floating Rate Income Trust BGT 1,306,651 $15,262,351 $2,175,889 BlackRock Income Trust, Inc. BKT 145,423 $854,488 $79,581 BlackRock Limited Duration Income Trust BLW 1,341,749 $19,494,225 $2,522,574 BlackRock Multi-Sector Income Trust BIT 884,028 $14,722,265 $1,722,801 BlackRock California Municipal Income Trust BFZ 923,174 $11,358,483 $1,812,069 BlackRock MuniHoldings New Jersey Quality Fund, Inc. MUJ 60,057 $796,819 $125,682 BlackRock MuniYield Michigan Quality Fund, Inc. MIY 68,734 $886,694 $140,298 BlackRock MuniYield Pennsylvania Quality Fund MPA 45,517 $615,838 $91,340 The amount and timing of any repurchases under each Fund’s Repurchase Program will be determined either at the discretion of the Fund’s management or pursuant to predetermined parameters and instructions subject to market conditions. There is no assurance that any Fund will repurchase shares in any particular amounts. A Fund’s repurchase activity will be disclosed in its shareholder report for the relevant fiscal period. Any repurchases made under any Repurchase Program will be made on a national securities exchange at the prevailing market price, subject to exchange requirements and certain volume and timing limitations and other regulations under federal securities laws. About BlackRock BlackRock’s purpose is to help more and more people experience financial well-being. As a fiduciary to investors and a leading provider of financial technology, we help millions of people build savings that serve them throughout their lives by making investing easier and more affordable. For additional information on BlackRock, please visit www.blackrock.com/corporate | Twitter: @blackrock | LinkedIn: www.linkedin.com/company/blackrock Availability of Fund Updates BlackRock will update performance and certain other data for the Funds on a monthly basis on its website in the “Closed-end Funds” section of www.blackrock.com as well as certain other material information as necessary from time to time. Investors and others are advised to check the website for updated performance information and the release of other material information about the Funds. This reference to BlackRock’s website is intended to allow investors public access to information regarding the Funds and does not, and is not intended to, incorporate BlackRock’s website in this release. Forward-Looking Statements This press release, and other statements that BlackRock or a Fund may make, may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act, with respect to a Fund’s or BlackRock’s future financial or business performance, strategies or expectations. Forward-looking statements are typically identified by words or phrases such as “trend,” “potential,” “opportunity,” “pipeline,” “believe,” “comfortable,” “expect,” “anticipate,” “current,” “intention,” “estimate,” “position,” “assume,” “outlook,” “continue,” “remain,” “maintain,” “sustain,” “seek,” “achieve,” and similar expressions, or future or conditional verbs such as “will,” “would,” “should,” “could,” “may” or similar expressions. BlackRock cautions that forward-looking statements are subject to numerous assumptions, risks and uncertainties, which change over time. Forward-looking statements speak only as of the date they are made, and BlackRock assumes no duty to and does not undertake to update forward-looking statements. Actual results could differ materially from those anticipated in forward-looking statements and future results could differ materially from historical performance. With respect to the Funds, the following factors, among others, could cause actual events to differ materially from forward-looking statements or historical performance: (1) changes and volatility in political, economic or industry conditions, the interest rate environment, foreign exchange rates or financial and capital markets, which could result in changes in demand for the Funds or in a Fund’s net asset value; (2) the relative and absolute investment performance of a Fund and its investments; (3) the impact of increased competition; (4) the unfavorable resolution of any legal proceedings; (5) the extent and timing of any distributions or share repurchases; (6) the impact, extent and timing of technological changes; (7) the impact of legislative and regulatory actions and reforms, and regulatory, supervisory or enforcement actions of government agencies relating to a Fund or BlackRock, as applicable; (8) terrorist activities, international hostilities, health epidemics and/or pandemics and natural disasters, which may adversely affect the general economy, domestic and local financial and capital markets, specific industries or BlackRock; (9) BlackRock’s ability to attract and retain highly talented professionals; (10) the impact of BlackRock electing to provide support to its products from time to time; and (11) the impact of problems at other financial institutions or the failure or negative performance of products at other financial institutions. Annual and Semi-Annual Reports and other regulatory filings of the Funds with the Securities and Exchange Commission (“SEC”) are accessible on the SEC's website at www.sec.gov and on BlackRock’s website at www.blackrock.com, and may discuss these or other factors that affect the Funds. The information contained on BlackRock’s website is not a part of this press release. |
businesswire.com |
2022-10-05 20:30:00 |
Czytaj oryginał (ang.) |
| Distribution Dates and Amounts Announced for Certain BlackRock Closed-End Funds |
NEW YORK--(BUSINESS WIRE)--Certain BlackRock closed-end funds (the “Funds”) announced distributions today as detailed below. BlackRock Floating Rate Income Trust (NYSE:BGT), BlackRock Floating Rate Income Strategies Fund, Inc. (NYSE: FRA), BlackRock Debt Strategies Fund, Inc. (NYSE: DSU), BlackRock Energy and Resources Trust (NYSE: BGR), and BlackRock Resources & Commodities Strategy Trust (NYSE:BCX) announced increases to their monthly distributions. Certain municipal Funds announced decreases to their monthly distributions. Generally, these distribution changes were made in order to better align the applicable Fund’s distribution rate with its current and projected level of earnings. BlackRock Enhanced Equity Dividend Trust (NYSE: BDJ) and BlackRock Health Sciences Trust II (NYSE: BMEZ) declared their November and December distributions early. BDJ’s December distribution represents a combination of the Fund’s regular monthly distribution per share plus an amount that will satisfy the Fund’s December 31, 2021 remaining distribution requirements. BlackRock Corporate High Yield Fund, Inc. (NYSE: HYT) previously declared its October distribution early. Municipal Funds: Declaration- 10/3/2022 Ex-Date- 10/13/2022 Record- 10/14/2022 Payable- 11/1/2022 National Funds Ticker Distribution Change From Prior Distribution BlackRock Municipal Income Quality Trust* BYM $0.046000 (0.012000) BlackRock Long-Term Municipal Advantage Trust BTA $0.043500 (0.011000) BlackRock MuniAssets Fund, Inc.* MUA $0.045500 - BlackRock Municipal Income Fund, Inc.* MUI $0.043000 (0.011000) BlackRock Municipal Income Trust* BFK $0.036500 (0.010000) BlackRock Investment Quality Municipal Trust, Inc.* BKN $0.054000 (0.014000) BlackRock Municipal Income Trust II* BLE $0.042000 (0.010000) BlackRock Municipal 2030 Target Term Trust BTT $0.062400 - BlackRock MuniHoldings Fund* MHD $0.047500 (0.013000) BlackRock MuniYield Quality Fund II, Inc.* MQT $0.043000 (0.011000) BlackRock MuniYield Quality Fund, Inc. * MQY $0.047000 (0.009000) BlackRock MuniHoldings Quality Fund II, Inc.* MUE $0.041500 (0.011000) BlackRock MuniVest Fund II, Inc.* MVT $0.040000 (0.010000) BlackRock MuniYield Fund, Inc.* MYD $0.040500 (0.011000) BlackRock MuniYield Quality Fund III, Inc. MYI $0.040500 (0.011000) BlackRock MuniVest Fund, Inc.* MVF $0.026500 (0.007000) State-Specific Funds Ticker Distribution Change From Prior Distribution BlackRock MuniHoldings California Quality Fund, Inc.* MUC $0.044000 (0.011000) BlackRock California Municipal Income Trust BFZ $0.034000 (0.009000) BlackRock MuniYield Michigan Quality Fund, Inc.* MIY $0.044000 (0.012000) BlackRock MuniHoldings New Jersey Quality Fund, Inc.* MUJ $0.050000 (0.013000) BlackRock MuniHoldings New York Quality Fund, Inc.* MHN $0.036500 (0.008000) BlackRock MuniYield New York Quality Fund, Inc.* MYN $0.035500 (0.005000) BlackRock New York Municipal Income Trust* BNY $0.037500 (0.009000) BlackRock MuniYield Pennsylvania Quality Fund* MPA $0.044000 (0.011000) BlackRock Virginia Municipal Bond Trust* BHV $0.035500 (0.010000) Taxable Municipal Fund: Declaration- 10/3/2022 Ex-Date- 10/13/2022 Record- 10/14/2022 Payable- 10/31/2022 Fund Ticker Distribution Change From Prior Distribution BlackRock Taxable Municipal Bond Trust* BBN $0.122900 - Taxable Fixed Income Funds: Declaration- 10/3/2022 Ex-Date- 10/13/2022 Record- 10/14/2022 Payable- 10/31/2022 Fund Ticker Distribution Change From Prior Distribution BlackRock Floating Rate Income Trust BGT $0.078100 0.013400 BlackRock Core Bond Trust* BHK $0.074600 - BlackRock Multi-Sector Income Trust* BIT $0.123700 - BlackRock Income Trust, Inc.* BKT $0.029400 - BlackRock Limited Duration Income Trust* BLW $0.098100 - BlackRock Credit Allocation Income Trust* BTZ $0.083900 - BlackRock Debt Strategies Fund, Inc. DSU $0.070500 0.010000 BlackRock Enhanced Government Fund, Inc.* EGF $0.041000 - BlackRock Floating Rate Income Strategies Fund, Inc. FRA $0.080400 0.013700 Equity Funds: Declaration- 10/3/2022 Ex-Date- 10/13/2022 Record- 10/14/2022 Payable- 10/31/2022 Fund Ticker Distribution Change From Prior Distribution BlackRock Resources & Commodities Strategy Trust BCX $0.051800 0.006800 BlackRock Enhanced Equity Dividend Trust* BDJ $0.056200 - BlackRock Energy and Resources Trust BGR $0.058500 0.009500 BlackRock Enhanced International Dividend Trust* BGY $0.033800 - BlackRock Health Sciences Trust* BME $0.213000 - BlackRock Health Sciences Trust II* BMEZ $0.145000 - BlackRock Enhanced Global Dividend Trust* BOE $0.063000 - BlackRock Utilities, Infrastructure & Power Opportunities Trust* BUI $0.121000 - BlackRock Enhanced Capital and Income Fund, Inc.* CII $0.099500 - BlackRock Science and Technology Trust* BST $0.250000 - BlackRock Science and Technology Trust II* BSTZ $0.192000 - BlackRock Innovation and Growth Trust* BIGZ $0.070000 - Multi-Asset Funds: Declaration- 10/3/2022 Ex-Date- 10/13/2022 Record- 10/14/2022 Payable- 10/31/2022 Fund Ticker Distribution Change From Prior Distribution BlackRock Capital Allocation Trust* BCAT $0.104100 - BlackRock ESG Capital Allocation Trust* ECAT $0.100000 - Early Declaration of Monthly Distributions for BlackRock Enhanced Equity Dividend Trust (BDJ) and BlackRock Health Sciences Trust II (BMEZ): November 2022 Distribution: Declaration- 10/3/2022 Ex-Date- 11/14/2022 Record- 11/15/2022 Payable- 11/30/2022 Fund Ticker Distribution Change From Prior Distribution BlackRock Enhanced Equity Dividend Trust BDJ $0.056200 - BlackRock Health Sciences Trust II BMEZ $0.145000 - December 2022 Distribution: Declaration- 10/3/2022 Ex-Date- 12/15/2022 Record- 12/16/2022 Payable- 12/30/2022 Fund Ticker Distribution BlackRock Enhanced Equity Dividend Trust1 BDJ $0.217620 BlackRock Health Sciences Trust II BMEZ $0.145000 1Commonly referred to as a “spillback” distribution, this distribution of undistributed income and/or capital gains from the Fund’s preceding fiscal year is required in order for the Fund to satisfy regulated investment company related U.S. federal income tax requirements. * In order to comply with the requirements of Section 19 of the Investment Company Act of 1940, as amended (the “1940 Act”), each of the Funds noted above posted to the DTC bulletin board and sent to its shareholders of record as of the applicable record date a Section 19 notice with the previous distribution payment. The Section 19 notice was provided for informational purposes only and not for tax reporting purposes. This information can be found in the “Closed-End Funds” section of www.blackrock.com. As applicable, the final determination of the source and tax characteristics of all distributions in 2022 will be made after the end of the year. BlackRock Resources & Commodities Strategy Trust (NYSE: BCX), BlackRock Enhanced Equity Dividend Trust (NYSE: BDJ), BlackRock Energy and Resources Trust (NYSE: BGR), BlackRock Enhanced International Dividend Trust (NYSE: BGY), BlackRock Health Sciences Trust (NYSE: BME), BlackRock Health Sciences Trust II (NYSE: BMEZ), BlackRock Enhanced Global Dividend Trust (NYSE: BOE), BlackRock Utilities, Infrastructure & Power Opportunities Trust (NYSE: BUI), BlackRock Enhanced Capital and Income Fund, Inc. (NYSE: CII), BlackRock Science and Technology Trust (NYSE: BST), BlackRock Science and Technology Trust II (NYSE: BSTZ), BlackRock Innovation and Growth Trust (NYSE: BIGZ), BlackRock Enhanced Government Fund, Inc. (NYSE: EGF) , BlackRock Debt Strategies Fund, Inc. (NYSE: DSU), BlackRock Floating Rate Income Strategies Fund, Inc. (NYSE: FRA), BlackRock Floating Rate Income Trust (NYSE: BGT), BlackRock Corporate High Yield Fund, Inc. (NYSE: HYT), BlackRock Credit Allocation Income Trust (NYSE: BTZ), BlackRock Limited Duration Income Trust (NYSE: BLW), BlackRock Core Bond Trust (NYSE: BHK), BlackRock Multi-Sector Income Trust (NYSE: BIT), BlackRock Capital Allocation Trust (NYSE: BCAT), and BlackRock ESG Capital Allocation Trust (NYSE: ECAT) (collectively, the “Plan Funds”) have adopted a managed distribution plan (a “Plan”) to support a level distribution of income, capital gains and/or return of capital. The fixed amounts distributed per share are subject to change at the discretion of each Plan Fund’s Board of Directors/Trustees. Under its Plan, each Plan Fund will distribute all available investment income to its shareholders, consistent with its investment objectives and as required by the Internal Revenue Code of 1986, as amended (the “Code”). If sufficient investment income is not available on a monthly basis, each Plan Fund will distribute long-term capital gains and/or return capital to its shareholders in order to maintain a level distribution. The Funds’ estimated sources of the distributions paid this month and for their current fiscal year are as follows: Estimated Allocations as of September 30, 2022 Fund Distribution Net Income Net Realized Short- Term Gains Net Realized Long- Term Gains Return of Capital BCX1 $0.045000 $0.045000 (100%) $0 (0%) $0 (0%) $0 (0%) BDJ $0.056200 $0.008549 (15%) $0 (0%) $0.047651 (85%) $0 (0%) BGR1 $0.049000 $0.049000 (100%) $0 (0%) $0 (0%) $0 (0%) BGY1 $0.033800 $0.002621 (8%) $0 (0%) $0.008219 (24%) $0.022960 (68%) BME $0.213000 $0.031256 (15%) $0 (0%) $0.181744 (85%) $0 (0%) BMEZ $0.145000 $0 (0%) $0 (0%) $0.145000 (100%) $0 (0%) BOE1 $0.063000 $0.009656 (15%) $0 (0%) $0 (0%) $0.053344 (85%) BUI1 $0.121000 $0.020369 (17%) $0 (0%) $0 (0%) $0.100631 (83%) CII $0.099500 $0.006085 (6%) $0 (0%) $0.093415 (94%) $0 (0%) BST $0.250000 $0 (0%) $0 (0%) $0.250000 (100%) $0 (0%) BSTZ1 $0.192000 $0 (0%) $0 (0%) $0.151636 (79%) $0.040364 (21%) BIGZ1 $0.070000 $0 (0%) $0 (0%) $0 (0%) $0.070000 (100%) EGF1 $0.041000 $0.025473 (62%) $0 (0%) $0 (0%) $0.015527 (38%) DSU1 $0.060500 $0.060500 (100%) $0 (0%) $0 (0%) $0 (0%) FRA1 $0.066700 $0.066700 (100%) $0 (0%) $0 (0%) $0 (0%) BGT1 $0.064700 $0.064700 (100%) $0 (0%) $0 (0%) $0 (0%) HYT1 $0.077900 $0.056243 (72%) $0 (0%) $0 (0%) $0.021657 (28%) BTZ1 $0.083900 $0.064492 (77%) $0 (0%) $0 (0%) $0.019408 (23%) BLW1 $0.098100 $0.084395 (86%) $0 (0%) $0 (0%) $0.013705 (14%) BHK1 $0.074600 $0.054647 (73%) $0 (0%) $0 (0%) $0.019953 (27%) BIT1 $0.123700 $0.076940 (62%) $0 (0%) $0 (0%) $0.046760 (38%) BCAT1 $0.104100 $0.062763 (60%) $0 (0%) $0 (0%) $0.041337 (40%) ECAT1 $0.100000 $0.027963 (28%) $0 (0%) $0 (0%) $0.072037 (72%) Estimated Allocations for the Fiscal Year through September 30, 2022 Fund Distribution Net Income Net Realized Short- Term Gains Net Realized Long- Term Gains Return of Capital BCX1 $0.395000 $0.234109 (59%) $0 (0%) $0 (0%) $0.160891 (41%) BDJ $0.493400 $0.114198 (23%) $0.112968 (23%) $0.266234 (54%) $0 (0%) BGR1 $0.403000 $0.291663 (72%) $0 (0%) $0 (0%) $0.111337 (28%) BGY1 $0.304200 $0.090599 (30%) $0 (0%) $0.055365 (18%) $0.158236 (52%) BME $1.917000 $0.077804 (4%) $0 (0%) $1.839196 (96%) $0 (0%) BMEZ $1.305000 $0 (0%) $0.365956 (28%) $0.939044 (72%) $0 (0%) BOE1 $0.567000 $0.165501 (29%) $0 (0%) $0.340086 (60%) $0.061413 (11%) BUI1 $1.089000 $0.264360 (24%) $0 (0%) $0.394427 (36%) $0.430213 (40%) CII $0.895500 $0.039869 (5%) $0.359592 (40%) $0.496039 (55%) $0 (0%) BST $2.250000 $0 (0%) $0 (0%) $2.250000 (100%) $0 (0%) BSTZ1 $1.728000 $0 (0%) $0 (0%) $1.195554 (69%) $0.532446 (31%) BIGZ1 $0.780000 $0 (0%) $0 (0%) $0 (0%) $0.780000 (100%) EGF1 $0.328000 $0.220389 (67%) $0 (0%) $0 (0%) $0.107611 (33%) DSU1 $0.484000 $0.472686 (98%) $0 (0%) $0 (0%) $0.011314 (2%) FRA1 $0.533600 $0.529121 (99%) $0 (0%) $0 (0%) $0.004479 (1%) BGT1 $0.517600 $0.515280 (100%) $0 (0%) $0 (0%) $0.002320 (0%) HYT1 $0.623200 $0.505579 (81%) $0 (0%) $0 (0%) $0.117621 (19%) BTZ1 $0.671200 $0.592675 (88%) $0 (0%) $0 (0%) $0.078525 (12%) BLW1 $0.784800 $0.700328 (89%) $0 (0%) $0 (0%) $0.084472 (11%) BHK1 $0.596800 $0.505123 (85%) $0 (0%) $0 (0%) $0.091677 (15%) BIT1 $1.360700 $0.880389 (65%) $0 (0%) $0 (0%) $0.480311 (35%) BCAT1 $0.936900 $0.439940 (47%) $0 (0%) $0 (0%) $0.496960 (53%) ECAT1 $0.900000 $0.147279 (16%) $0 (0%) $0 (0%) $0.752721 (84%) 1The Fund estimates that it has distributed more than its income and net-realized capital gains in the current fiscal year; therefore, a portion of your distribution may be a return of capital. A return of capital may occur, for example, when some or all of the shareholder’s investment is paid back to the shareholder. A return of capital distribution does not necessarily reflect the Fund's investment performance and should not be confused with ‘yield’ or ‘income’. When distributions exceed total return performance, the difference will reduce the Fund’s net asset value per share. The amounts and sources of distributions reported are only estimates and are being provided to you pursuant to regulatory requirements and are not being provided for tax reporting purposes. The actual amounts and sources of the amounts for tax reporting purposes will depend upon each Fund’s investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. The Fund will send you a Form 1099-DIV for the calendar year that will tell you how to report these distributions for federal income tax purposes. Fund Performance and Distribution Rate Information: Fund Average annual total return (in relation to NAV) for the 5-year period ending on 8/31/2022 Annualized current distribution rate expressed as a percentage of NAV as of 8/31/2022 Cumulative total return (in relation to NAV) for the fiscal year through 8/31/2022 Cumulative fiscal year distributions as a percentage of NAV as of 8/31/2022 BCX 8.75% 5.17% 6.00% 3.35% BDJ 7.12% 7.33% (5.84)% 4.75% BGR 6.05% 4.43% 27.04% 2.67% BGY 2.74% 7.39% (15.28)% 4.93% BME 9.29% 6.25% (11.33)% 4.17% BMEZ* 4.06% 9.25% (24.28)% 6.17% BOE 3.95% 6.90% (14.34)% 4.60% BUI 7.97% 6.43% (8.95)% 4.29% CII 9.85% 6.25% (9.94)% 4.17% BST 14.12% 8.66% (30.36)% 5.77% BSTZ* 12.55% 9.84% (35.75)% 6.56% BIGZ* (33.76)% 8.43% (36.02)% 7.13% EGF (1.40)% 4.53% (12.60)% 2.65% DSU 4.00% 6.81% (3.76)% 3.97% FRA 3.90% 6.14% (2.15)% 3.58% BGT 3.88% 6.13% (2.15)% 3.58% HYT 3.92% 9.56% (13.97)% 5.58% BTZ 2.33% 8.52% (17.82)% 4.97% BLW 3.26% 8.41% (10.62)% 4.91% BHK 1.37% 7.55% (20.06)% 4.41% BIT 3.43% 9.80% (9.08)% 8.17% BCAT* (0.68)% 7.11% (11.46)% 4.74% ECAT* (9.68)% 7.03% (13.15)% 4.69% * Portfolio launched within the past 5 years; the performance and distribution rate information presented for this Fund reflects data from inception to 8/31/2022. Shareholders should not draw any conclusions about a Fund’s investment performance from the amount of the Fund’s current distributions or from the terms of the Fund’s Plan. BKT and BBN have adopted a Plan whereby the Fund will make fixed monthly distributions to common stockholders and will distribute all available net income to its stockholders, consistent with its investment objective and as required by the Code. The fixed amount distributed per share is subject to change at the discretion of BKT and BBN’s Board. If sufficient net income is not available on a monthly basis, a Fund will distribute long-term capital gains and/or return capital to its stockholders in order to maintain a level distribution. BKT and BBN are currently not relying on any exemptive relief from Section 19(b) of the Investment Company Act of 1940, as amended (the “1940 Act”). Each Fund expects that distributions under the Plan will exceed current income and capital gains and therefore will likely include a return of capital. BKT and BBN may make additional distributions from time to time, including additional capital gain distributions at the end of the taxable year, if required to meet requirements imposed by the Code and/or the 1940 Act. BKT and BBN’s estimated sources of the distributions paid as of September 30, 2022 and for its current fiscal year are as follows: Estimated Allocations as of September 30, 2022 Fund Distribution Net Income Net Realized Short- Term Gains Net Realized Long- Term Gains Return of Capital BKT2 $0.029400 $0.018956 (64%) $0 (0%) $0 (0%) $0.010444 (36%) BBN2 $0.122900 $0.093090 (76%) $0 (0%) $0 (0%) $0.029810 (24%) Estimated Allocations for the Fiscal Year through September 30, 2022 Fund Distribution Net Income Net Realized Short-Term Gains Net Realized Long- Term Gains Return of Capital BKT2 $0.255200 $0.153941 (60%) $0 (0%) $0 (0%) $0.101259 (40%) BBN2 $0.983200 $0.862348 (88%) $0 (0%) $0 (0%) $0.120852 (12%) 2The Fund estimates that it has distributed more than its income and net-realized capital gains in the current fiscal year; therefore, a portion of your distribution may be a return of capital. A return of capital may occur, for example, when some or all of the shareholder’s investment is paid back to the shareholder. A return of capital distribution does not necessarily reflect the Fund's investment performance and should not be confused with ‘yield’ or ‘income’. When distributions exceed total return performance, the difference will reduce the Fund’s net asset value per share. The amounts and sources of distributions reported are only estimates and are being provided to you pursuant to regulatory requirements and are not being provided for tax reporting purposes. The actual amounts and sources of the amounts for tax reporting purposes will depend upon BKT and BBN’s investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. BKT and BBN will send its stockholders a Form 1099-DIV for the calendar year that will illustrate how to report these distributions for federal income tax purposes. Fund Performance and Distribution Rate Information: Fund Average annual total return (in relation to NAV) for the 5-year period ending on 8/31/2022 Annualized current distribution rate expressed as a percentage of NAV as of 8/31/2022 Cumulative total return (in relation to NAV) for the fiscal year through 8/31/2022 Cumulative fiscal year distributions as a percentage of NAV as 8/31/2022 BKT (0.32)% 7.44% (12.07)% 4.76% BBN 1.30% 7.89% (22.80)% 4.60% No conclusions should be drawn about BKT or BBN’s investment performance from the amount of the Fund’s distributions or from the terms of the Fund’s Plan. The amount distributed per share under a Plan is subject to change at the discretion of the applicable Fund’s Board. Each Plan will be subject to ongoing review by the Board to determine whether the Plan should be continued, modified or terminated. The Board may amend the terms of a Plan or suspend or terminate a Plan at any time without prior notice to the Fund’s shareholders if it deems such actions to be in the best interest of the Fund or its shareholders. The amendment or termination of a Plan could have an adverse effect on the market price of the Fund's shares. About BlackRock BlackRock’s purpose is to help more and more people experience financial well-being. As a fiduciary to investors and a leading provider of financial technology, we help millions of people build savings that serve them throughout their lives by making investing easier and more affordable. For additional information on BlackRock, please visit www.blackrock.com/corporate | Twitter: @blackrock | LinkedIn: www.linkedin.com/company/blackrock Availability of Fund Updates BlackRock will update performance and certain other data for the Funds on a monthly basis on its website in the “Closed-end Funds” section of www.blackrock.com as well as certain other material information as necessary from time to time. Investors and others are advised to check the website for updated performance information and the release of other material information about the Funds. This reference to BlackRock’s website is intended to allow investors public access to information regarding the Funds and does not, and is not intended to, incorporate BlackRock’s website in this release. Forward-Looking Statements This press release, and other statements that BlackRock or a Fund may make, may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act, with respect to a Fund’s or BlackRock’s future financial or business performance, strategies or expectations. Forward-looking statements are typically identified by words or phrases such as “trend,” “potential,” “opportunity,” “pipeline,” “believe,” “comfortable,” “expect,” “anticipate,” “current,” “intention,” “estimate,” “position,” “assume,” “outlook,” “continue,” “remain,” “maintain,” “sustain,” “seek,” “achieve,” and similar expressions, or future or conditional verbs such as “will,” “would,” “should,” “could,” “may” or similar expressions. BlackRock cautions that forward-looking statements are subject to numerous assumptions, risks and uncertainties, which change over time. Forward-looking statements speak only as of the date they are made, and BlackRock assumes no duty to and does not undertake to update forward-looking statements. Actual results could differ materially from those anticipated in forward-looking statements and future results could differ materially from historical performance. With respect to the Funds, the following factors, among others, could cause actual events to differ materially from forward-looking statements or historical performance: (1) changes and volatility in political, economic or industry conditions, the interest rate environment, foreign exchange rates or financial and capital markets, which could result in changes in demand for the Funds or in a Fund’s net asset value; (2) the relative and absolute investment performance of a Fund and its investments; (3) the impact of increased competition; (4) the unfavorable resolution of any legal proceedings; (5) the extent and timing of any distributions or share repurchases; (6) the impact, extent and timing of technological changes; (7) the impact of legislative and regulatory actions and reforms, and regulatory, supervisory or enforcement actions of government agencies relating to a Fund or BlackRock, as applicable; (8) terrorist activities, international hostilities, health epidemics and/or pandemics and natural disasters, which may adversely affect the general economy, domestic and local financial and capital markets, specific industries or BlackRock; (9) BlackRock’s ability to attract and retain highly talented professionals; (10) the impact of BlackRock electing to provide support to its products from time to time; and (11) the impact of problems at other financial institutions or the failure or negative performance of products at other financial institutions. Annual and Semi-Annual Reports and other regulatory filings of the Funds with the Securities and Exchange Commission (“SEC”) are accessible on the SEC's website at www.sec.gov and on BlackRock’s website at www.blackrock.com, and may discuss these or other factors that affect the Funds. The information contained on BlackRock’s website is not a part of this press release. |
businesswire.com |
2022-10-03 20:30:00 |
Czytaj oryginał (ang.) |
| BlackRock Closed-End Funds Announce Renewal of Share Repurchase Programs |
NEW YORK--(BUSINESS WIRE)--BlackRock Advisors, LLC announced today that the Boards of Directors/Trustees of fifty BlackRock municipal, taxable fixed income, equity, and multi-asset closed-end funds (the “Funds”) have authorized the renewal of open market share repurchase programs (the “Repurchase Programs”). Under each Fund’s current Repurchase Program, each Fund may repurchase, through November 30, 2022, up to 5% of its outstanding common shares (based on common shares outstanding on November 18, 2021 or November 30, 2021, as applicable for each Fund)1 in open market transactions. Pursuant to the Boards’ renewal of the Repurchase Programs, commencing on December 1, 2022, each Fund may repurchase up to 5% of its outstanding common shares (based on common shares outstanding on November 30, 2022) in open market transactions through November 30, 2023. The Repurchase Programs seek to enhance shareholder value by purchasing Fund shares trading at a discount from their net asset value (“NAV”) per share, which could result in incremental accretion to a Fund’s NAV. The Boards have authorized the renewal of a Repurchase Program for the following Funds: Municipal Funds Ticker (NYSE) Fund CUSIP BFZ BlackRock California Municipal Income Trust 09248E102 BKN BlackRock Investment Quality Municipal Trust, Inc. 09247D105 BTA BlackRock Long-Term Municipal Advantage Trust 09250B103 MUI BlackRock Municipal Income Fund, Inc. 09253X102 MUA BlackRock MuniAssets Fund, Inc. 09254J102 BYM BlackRock Municipal Income Quality Trust 092479104 BFK BlackRock Municipal Income Trust 09248F109 BLE BlackRock Municipal Income Trust II 09249N101 MUC BlackRock MuniHoldings California Quality Fund, Inc. 09254L107 MHD BlackRock MuniHoldings Fund, Inc. 09253N104 MUJ BlackRock MuniHoldings New Jersey Quality Fund, Inc. 09254X101 MHN BlackRock MuniHoldings New York Quality Fund, Inc. 09255C106 MUE BlackRock MuniHoldings Quality Fund II, Inc. 09254C107 MVF BlackRock MuniVest Fund, Inc. 09253R105 MVT BlackRock MuniVest Fund II, Inc. 09253T101 MYD BlackRock MuniYield Fund, Inc. 09253W104 MIY BlackRock MuniYield Michigan Quality Fund, Inc. 09254V105 MYN BlackRock MuniYield New York Quality Fund, Inc. 09255E102 MPA BlackRock MuniYield Pennsylvania Quality Fund 09255G107 MQY BlackRock MuniYield Quality Fund, Inc. 09254F100 MQT BlackRock MuniYield Quality Fund II, Inc. 09254G108 MYI BlackRock MuniYield Quality Fund III, Inc. 09254E103 BNY BlackRock New York Municipal Income Trust 09248L106 BHV BlackRock Virginia Municipal Bond Trust 092481100 BTT BlackRock Municipal 2030 Target Term Trust 09257P105 Taxable Fixed Income Funds Ticker (NYSE) Fund CUSIP BBN BlackRock Taxable Municipal Bond Trust 09248X100 BHK BlackRock Core Bond Trust 09249E101 HYT BlackRock Corporate High Yield Fund, Inc. 09255P107 BTZ BlackRock Credit Allocation Income Trust 092508100 EGF BlackRock Enhanced Government Fund, Inc. 09255K108 FRA BlackRock Floating Rate Income Strategies Fund, Inc. 09255X100 BGT BlackRock Floating Rate Income Trust 091941104 BKT BlackRock Income Trust, Inc. 09247F1002 BLW BlackRock Limited Duration Income Trust 09249W101 BIT BlackRock Multi-Sector Income Trust 09258A107 DSU BlackRock Debt Strategies Fund, Inc. 09255R202 Equity Funds Ticker (NYSE) Fund CUSIP BGR BlackRock Energy and Resources Trust 09250U101 CII BlackRock Enhanced Capital and Income Fund, Inc. 09256A109 BDJ BlackRock Enhanced Equity Dividend Trust 09251A104 BOE BlackRock Enhanced Global Dividend Trust 092501105 BME BlackRock Health Sciences Trust 09250W107 BMEZ BlackRock Health Sciences Trust II 09260E105 BGY BlackRock Enhanced International Dividend Trust 092524107 BCX BlackRock Resources & Commodities Strategy Trust 09257A108 BST BlackRock Science and Technology Trust 09258G104 BSTZ BlackRock Science and Technology Trust II 09260K101 BUI BlackRock Utilities, Infrastructure & Power Opportunities Trust 09248D104 BIGZ BlackRock Innovation & Growth Trust 09260Q108 Multi-Asset Funds Ticker (NYSE) Fund CUSIP BCAT BlackRock Capital Allocation Trust 09260U109 ECAT BlackRock ESG Capital Allocation Trust 09262F100 The amount and timing of any repurchases under each Fund’s Repurchase Program will be determined either at the discretion of the Fund’s management or pursuant to predetermined parameters and instructions subject to market conditions. There is no assurance that any Fund will repurchase shares in any particular amounts. A Fund’s repurchase activity will be disclosed in its shareholder report for the relevant fiscal period. Any repurchases made under any Fund Repurchase Program will be made on a national security exchange at the prevailing market price, subject to exchange requirements and certain volume and timing limitations and other regulations under federal securities laws. 1 Based on common shares outstanding on November 18, 2021 for BlackRock Municipal 2030 Target Term Trust (NYSE:BTT), BlackRock Science and Technology Trust II (NYSE:BSTZ), BlackRock Health Sciences Trust II (NYSE: BMEZ), Blackrock Innovation and Growth Trust (NYSE:BIGZ), Blackrock Capital Allocation Trust (NYSE:BCAT), and BlackRock ESG Capital Allocation Trust (NYSE: ECAT). Based on common shares outstanding on November 30, 2021 for all Funds other than BTT, BSTZ, BMEZ, BIGZ, BCAT, and ECAT. 2 On September 8, 2022, BlackRock Income Trust (NYSE: BKT) announced a 1-for -3 reverse stock split effective prior to the open of trading on the New York Stock Exchange on October 18, 2022. Shares of the Fund's common stock will continue trading on the NYSE under its existing ticker symbol (NYSE:BKT), but will be assigned a new CUSIP number: 09247F209. About BlackRock BlackRock’s purpose is to help more and more people experience financial well-being. As a fiduciary to investors and a leading provider of financial technology, we help millions of people build savings that serve them throughout their lives by making investing easier and more affordable. For additional information on BlackRock, please visit www.blackrock.com | Twitter: @blackrock | Blog: www.blackrockblog.com | LinkedIn: www.linkedin.com/company/blackrock Availability of Fund Updates BlackRock will update performance and certain other data for the Funds on a monthly basis on its website in the “Closed-end Funds” section of www.blackrock.com as well as certain other material information as necessary from time to time. Investors and others are advised to check the website for updated performance information and the release of other material information about the Funds. This reference to BlackRock’s website is intended to allow investors public access to information regarding the Funds and does not, and is not intended to, incorporate BlackRock’s website in this release. Forward-Looking Statements This press release, and other statements that BlackRock or the Funds may make, may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act, with respect to the Funds’ or BlackRock’s future financial or business performance, strategies or expectations. Forward-looking statements are typically identified by words or phrases such as “trend,” “potential,” “opportunity,” “pipeline,” “believe,” “comfortable,” “expect,” “anticipate,” “current,” “intention,” “estimate,” “position,” “assume,” “outlook,” “continue,” “remain,” “maintain,” “sustain,” “seek,” “achieve,” and similar expressions, or future or conditional verbs such as “will,” “would,” “should,” “could,” “may” or similar expressions. BlackRock cautions that forward-looking statements are subject to numerous assumptions, risks and uncertainties, which change over time. Forward-looking statements speak only as of the date they are made, and BlackRock assumes no duty to and does not undertake to update forward-looking statements. Actual results could differ materially from those anticipated in forward-looking statements and future results could differ materially from historical performance. With respect to the Funds, the following factors, among others, could cause actual events to differ materially from forward-looking statements or historical performance: (1) changes and volatility in political, economic or industry conditions, the interest rate environment, foreign exchange rates or financial and capital markets, which could result in changes in demand for the Funds or in the Funds’ net asset values; (2) the relative and absolute investment performance of the Funds and their investments; (3) the impact of increased competition; (4) the unfavorable resolution of any legal proceedings; (5) the extent and timing of any distributions or share repurchases; (6) the impact, extent and timing of technological changes; (7) the impact of legislative and regulatory actions and reforms and regulatory, supervisory or enforcement actions of government agencies relating to the Funds or BlackRock, as applicable; (8) terrorist activities, international hostilities, health epidemics and/or pandemics and natural disasters, which may adversely affect the general economy, domestic and local financial and capital markets, specific industries or BlackRock; (9) BlackRock’s ability to attract and retain highly talented professionals; (10) the impact of BlackRock electing to provide support to its products from time to time; and (11) the impact of problems at other financial institutions or the failure or negative performance of products at other financial institutions. Annual and Semi-Annual Reports and other regulatory filings of the Funds with the SEC are accessible on the SEC’s website at www.sec.gov and on BlackRock’s website at www.blackrock.com, and may discuss these or other factors that affect the Funds. The information contained on BlackRock’s website is not a part of this press release. |
businesswire.com |
2022-09-08 21:30:00 |
Czytaj oryginał (ang.) |
| Distribution Dates and Amounts Announced for Certain BlackRock Closed-End Funds |
NEW YORK--(BUSINESS WIRE)--Certain BlackRock closed-end funds (the “Funds”) announced distributions today as detailed below. Municipal Funds: Declaration- 9/1/2022 Ex-Date- 9/14/2022 Record- 9/15/2022 Payable- 10/3/2022 National Funds Ticker Distribution Change From Prior Distribution BlackRock Municipal Income Quality Trust* BYM $0.058000 - BlackRock Long-Term Municipal Advantage Trust* BTA $0.054500 - BlackRock MuniAssets Fund, Inc. MUA $0.045500 - BlackRock Municipal Income Fund, Inc.* MUI $0.054000 - BlackRock Municipal Income Trust* BFK $0.046500 - BlackRock Investment Quality Municipal Trust, Inc.* BKN $0.068000 - BlackRock Municipal Income Trust II* BLE $0.052000 - BlackRock Municipal 2030 Target Term Trust* BTT $0.062400 - BlackRock MuniHoldings Fund* MHD $0.060500 - BlackRock MuniYield Quality Fund II, Inc.* MQT $0.054000 - BlackRock MuniYield Quality Fund, Inc. MQY $0.056000 - BlackRock MuniHoldings Quality Fund II, Inc.* MUE $0.052500 - BlackRock MuniVest Fund II, Inc. * MVT $0.050000 - BlackRock MuniYield Fund, Inc.* MYD $0.051500 - BlackRock MuniYield Quality Fund III, Inc.* MYI $0.051500 - BlackRock MuniVest Fund, Inc. * MVF $0.033500 - State-Specific Funds Ticker Distribution Change From Prior Distribution BlackRock MuniHoldings California Quality Fund, Inc. * MUC $0.055000 - BlackRock California Municipal Income Trust* BFZ $0.043000 - BlackRock MuniYield Michigan Quality Fund, Inc.* MIY $0.056000 - BlackRock MuniHoldings New Jersey Quality Fund, Inc. * MUJ $0.063000 - BlackRock MuniHoldings New York Quality Fund, Inc. * MHN $0.044500 - BlackRock MuniYield New York Quality Fund, Inc.* MYN $0.040500 - BlackRock New York Municipal Income Trust* BNY $0.046500 - BlackRock MuniYield Pennsylvania Quality Fund* MPA $0.055000 - BlackRock Virginia Municipal Bond Trust* BHV $0.045500 - Taxable Municipal Fund: Declaration- 9/1/2022 Ex-Date- 9/14/2022 Record- 9/15/2022 Payable- 9/30/2022 Fund Ticker Distribution Change From Prior Distribution BlackRock Taxable Municipal Bond Trust BBN $0.122900 - Taxable Fixed Income Funds: Declaration- 9/1/2022 Ex-Date- 9/14/2022 Record- 9/15/2022 Payable- 9/30/2022 Fund Ticker Distribution Change From Prior Distribution BlackRock Floating Rate Income Trust BGT $0.064700 - BlackRock Core Bond Trust* BHK $0.074600 - BlackRock Multi-Sector Income Trust* BIT $0.123700 - BlackRock Income Trust, Inc.* BKT $0.029400 - BlackRock Limited Duration Income Trust* BLW $0.098100 - BlackRock Credit Allocation Income Trust* BTZ $0.083900 - BlackRock Debt Strategies Fund, Inc. DSU $0.060500 - BlackRock Enhanced Government Fund, Inc.* EGF $0.041000 - BlackRock Floating Rate Income Strategies Fund, Inc. FRA $0.066700 - BlackRock Corporate High Yield Fund, Inc.* HYT $0.077900 - Equity Funds: Declaration- 9/1/2022 Ex-Date- 9/14/2022 Record- 9/15/2022 Payable- 9/30/2022 Fund Ticker Distribution Change From Prior Distribution BlackRock Resources & Commodities Strategy Trust* BCX $0.045000 - BlackRock Enhanced Equity Dividend Trust* BDJ $0.056200 - BlackRock Energy and Resources Trust* BGR $0.049000 - BlackRock Enhanced International Dividend Trust* BGY $0.033800 - BlackRock Health Sciences Trust* BME $0.213000 - BlackRock Health Sciences Trust II* BMEZ $0.145000 - BlackRock Enhanced Global Dividend Trust* BOE $0.063000 - BlackRock Utilities, Infrastructure & Power Opportunities Trust* BUI $0.121000 - BlackRock Enhanced Capital and Income Fund, Inc.* CII $0.099500 - BlackRock Science and Technology Trust* BST $0.250000 - BlackRock Science and Technology Trust II* BSTZ $0.192000 - BlackRock Innovation and Growth Trust* BIGZ $0.070000 - Multi-Asset Funds: Declaration- 9/1/2022 Ex-Date- 9/14/2022 Record- 9/15/2022 Payable- 9/30/2022 Fund Ticker Distribution Change From Prior Distribution BlackRock Capital Allocation Trust* BCAT $0.104100 - BlackRock ESG Capital Allocation Trust* ECAT $0.100000 - * In order to comply with the requirements of Section 19 of the Investment Company Act of 1940, as amended (the “1940 Act”), each of the Funds noted above posted to the DTC bulletin board and sent to its shareholders of record as of the applicable record date a Section 19 notice with the previous distribution payment. The Section 19 notice was provided for informational purposes only and not for tax reporting purposes. This information can be found in the “Closed-End Funds” section of www.blackrock.com. As applicable, the final determination of the source and tax characteristics of all distributions in 2022 will be made after the end of the year. BlackRock Resources & Commodities Strategy Trust (NYSE: BCX), BlackRock Enhanced Equity Dividend Trust (NYSE: BDJ), BlackRock Energy and Resources Trust (NYSE: BGR), BlackRock Enhanced International Dividend Trust (NYSE: BGY), BlackRock Health Sciences Trust (NYSE: BME), BlackRock Health Sciences Trust II (NYSE: BMEZ), BlackRock Enhanced Global Dividend Trust (NYSE: BOE), BlackRock Utilities, Infrastructure & Power Opportunities Trust (NYSE: BUI), BlackRock Enhanced Capital and Income Fund, Inc. (NYSE: CII), BlackRock Science and Technology Trust (NYSE: BST), BlackRock Science and Technology Trust II (NYSE: BSTZ), BlackRock Innovation and Growth Trust (NYSE: BIGZ), BlackRock Enhanced Government Fund, Inc. (NYSE: EGF) , BlackRock Debt Strategies Fund, Inc. (NYSE: DSU), BlackRock Floating Rate Income Strategies Fund, Inc. (NYSE: FRA), BlackRock Floating Rate Income Trust (NYSE: BGT), BlackRock Corporate High Yield Fund, Inc. (NYSE: HYT), BlackRock Credit Allocation Income Trust (NYSE: BTZ), BlackRock Limited Duration Income Trust (NYSE: BLW), BlackRock Core Bond Trust (NYSE: BHK), BlackRock Multi-Sector Income Trust (NYSE: BIT), BlackRock Capital Allocation Trust (NYSE: BCAT), and BlackRock ESG Capital Allocation Trust (NYSE: ECAT) (collectively, the “Plan Funds”) have adopted a managed distribution plan (a “Plan”) to support a level distribution of income, capital gains and/or return of capital. The fixed amounts distributed per share are subject to change at the discretion of each Plan Fund’s Board of Directors/Trustees. Under its Plan, each Plan Fund will distribute all available investment income to its shareholders, consistent with its investment objectives and as required by the Internal Revenue Code of 1986, as amended (the “Code”). If sufficient investment income is not available on a monthly basis, each Plan Fund will distribute long-term capital gains and/or return capital to its shareholders in order to maintain a level distribution. The Funds’ estimated sources of the distributions paid this month and for their current fiscal year are as follows: Estimated Allocations as of August 31, 2022 Fund Distribution Net Income Net Realized Short- Term Gains Net Realized Long- Term Gains Return of Capital BCX1 $0.045000 $0.018178 (40%) $0 (0%) $0 (0%) $0.026822 (60%) BDJ $0.056200 $0.012621 (22%) $0 (0%) $0.043579 (78%) $0 (0%) BGR1 $0.049000 $0.023314 (48%) $0 (0%) $0 (0%) $0.025686 (52%) BGY1 $0.033800 $0.008138 (24%) $0 (0%) $0 (0%) $0.025662 (76%) BME $0.213000 $0 (0%) $0 (0%) $0.213000 (100%) $0 (0%) BMEZ $0.145000 $0 (0%) $0 (0%) $0.145000 (100%) $0 (0%) BOE $0.063000 $0.009834 (16%) $0 (0%) $0.053166 (84%) $0 (0%) BUI1 $0.121000 $0.010085 (8%) $0 (0%) $0.064766 (54%) $0.046149 (38%) CII $0.099500 $0.004560 (5%) $0 (0%) $0.094940 (95%) $0 (0%) BST $0.250000 $0 (0%) $0 (0%) $0.250000 (100%) $0 (0%) BSTZ1 $0.192000 $0 (0%) $0 (0%) $0 (0%) $0.192000 (100%) BIGZ1 $0.070000 $0 (0%) $0 (0%) $0 (0%) $0.070000 (100%) EGF1 $0.041000 $0.023701 (58%) $0 (0%) $0 (0%) $0.017299 (42%) DSU1 $0.060500 $0.060500 (100%) $0 (0%) $0 (0%) $0 (0%) FRA1 $0.066700 $0.066700 (100%) $0 (0%) $0 (0%) $0 (0%) BGT1 $0.064700 $0.064700 (100%) $0 (0%) $0 (0%) $0 (0%) HYT1 $0.077900 $0.052346 (67%) $0 (0%) $0 (0%) $0.025554 (33%) BTZ1 $0.083900 $0.063268 (75%) $0 (0%) $0 (0%) $0.020632 (25%) BLW1 $0.098100 $0.076006 (77%) $0 (0%) $0 (0%) $0.022094 (23%) BHK1 $0.074600 $0.050495 (68%) $0 (0%) $0 (0%) $0.024105 (32%) BIT1 $0.123700 $0.073011 (59%) $0 (0%) $0 (0%) $0.050689 (41%) BCAT1 $0.104100 $0.046779 (45%) $0 (0%) $0 (0%) $0.057321 (55%) ECAT1 $0.100000 $0.021385 (21%) $0 (0%) $0 (0%) $0.078615 (79%) Estimated Allocations for the Fiscal Year through August 31, 2022 Fund Distribution Net Income Net Realized Short- Term Gains Net Realized Long- Term Gains Return of Capital BCX1 $0.350000 $0.186157 (53%) $0 (0%) $0 (0%) $0.163843 (47%) BDJ $0.437200 $0.105670 (24%) $0.153006 (35%) $0.178524 (41%) $0 (0%) BGR1 $0.354000 $0.234254 (66%) $0 (0%) $0 (0%) $0.119746 (34%) BGY1 $0.270400 $0.087978 (33%) $0 (0%) $0.047146 (17%) $0.135276 (50%) BME $1.704000 $0.046793 (3%) $0 (0%) $1.657207 (97%) $0 (0%) BMEZ $1.160000 $0 (0%) $0.456359 (39%) $0.703641 (61%) $0 (0%) BOE $0.504000 $0.155845 (31%) $0 (0%) $0.348155 (69%) $0 (0%) BUI1 $0.968000 $0.245496 (25%) $0 (0%) $0.653401 (68%) $0.069103 (7%) CII $0.796000 $0.033785 (4%) $0.462218 (58%) $0.299997 (38%) $0 (0%) BST $2.000000 $0 (0%) $0 (0%) $2.000000 (100%) $0 (0%) BSTZ1 $1.536000 $0 (0%) $0.228535 (15%) $1.043917 (68%) $0.263548 (17%) BIGZ1 $0.710000 $0 (0%) $0 (0%) $0 (0%) $0.710000 (100%) EGF1 $0.287000 $0.194916 (68%) $0 (0%) $0 (0%) $0.092084 (32%) DSU1 $0.423500 $0.406959 (96%) $0 (0%) $0 (0%) $0.016541 (4%) FRA1 $0.466900 $0.450781 (97%) $0 (0%) $0 (0%) $0.016119 (3%) BGT1 $0.452900 $0.439553 (97%) $0 (0%) $0 (0%) $0.013347 (3%) HYT1 $0.545300 $0.449336 (82%) $0 (0%) $0 (0%) $0.095964 (18%) BTZ1 $0.587300 $0.528183 (90%) $0 (0%) $0 (0%) $0.059117 (10%) BLW1 $0.686700 $0.615934 (90%) $0 (0%) $0 (0%) $0.070766 (10%) BHK1 $0.522200 $0.450476 (86%) $0 (0%) $0 (0%) $0.071724 (14%) BIT1 $1.237000 $0.803730 (65%) $0 (0%) $0 (0%) $0.433270 (35%) BCAT1 $0.832800 $0.376024 (45%) $0 (0%) $0 (0%) $0.456776 (55%) ECAT1 $0.800000 $0.119019 (15%) $0 (0%) $0 (0%) $0.680981 (85%) 1The Fund estimates that it has distributed more than its income and net-realized capital gains in the current fiscal year; therefore, a portion of your distribution may be a return of capital. A return of capital may occur, for example, when some or all of the shareholder’s investment is paid back to the shareholder. A return of capital distribution does not necessarily reflect the Fund's investment performance and should not be confused with ‘yield’ or ‘income’. When distributions exceed total return performance, the difference will reduce the Fund’s net asset value per share. The amounts and sources of distributions reported are only estimates and are being provided to you pursuant to regulatory requirements and are not being provided for tax reporting purposes. The actual amounts and sources of the amounts for tax reporting purposes will depend upon each Fund’s investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. The Fund will send you a Form 1099-DIV for the calendar year that will tell you how to report these distributions for federal income tax purposes. Fund Performance and Distribution Rate Information: Fund Average annual total return (in relation to NAV) for the 5-year period ending on 7/31/2022 Annualized current distribution rate expressed as a percentage of NAV as of 7/31/2022 Cumulative total return (in relation to NAV) for the fiscal year through 7/31/2022 Cumulative fiscal year distributions as a percentage of NAV as of 7/31/2022 BCX 8.58% 5.19% 4.98% 2.93% BDJ 7.48% 7.12% (3.66)% 4.02% BGR 5.02% 4.45% 25.84% 2.31% BGY 4.25% 6.91% (10.05)% 4.03% BME 10.55% 5.94% (7.22)% 3.47% BMEZ* 5.64% 8.86% (21.63)% 5.17% BOE 5.22% 6.47% (9.22)% 3.78% BUI 8.77% 6.29% (7.35)% 3.67% CII 10.88% 6.03% (7.17)% 3.52% BST 15.64% 8.30% (27.91)% 4.84% BSTZ* 13.45% 9.60% (34.80)% 5.60% BIGZ* (33.68)% 8.06% (33.64)% 6.14% EGF (0.78)% 4.40% (10.23)% 2.20% DSU 3.70% 6.85% (4.91)% 3.42% FRA 3.43% 6.22% (4.04)% 3.11% BGT 3.41% 6.22% (4.08)% 3.11% HYT 4.45% 9.22% (11.52)% 4.61% BTZ 3.08% 8.20% (15.20)% 4.10% BLW 3.48% 8.27% (9.75)% 4.14% BHK 2.45% 7.22% (16.89)% 3.61% BIT 3.84% 9.65% (8.32)% 7.23% BCAT* 0.07% 6.96% (10.18)% 4.06% ECAT* (6.31)% 6.73% (9.92)% 3.93% * Portfolio launched within the past 5 years; the performance and distribution rate information presented for this Fund reflects data from inception to 7/31/2022. Shareholders should not draw any conclusions about a Fund’s investment performance from the amount of the Fund’s current distributions or from the terms of the Fund’s Plan. BKT and BBN have adopted a Plan whereby the Fund will make fixed monthly distributions to common stockholders and will distribute all available net income to its stockholders, consistent with its investment objective and as required by the Code. The fixed amount distributed per share is subject to change at the discretion of BKT and BBN’s Board. If sufficient net income is not available on a monthly basis, a Fund will distribute long-term capital gains and/or return capital to its stockholders in order to maintain a level distribution. BKT and BBN are currently not relying on any exemptive relief from Section 19(b) of the Investment Company Act of 1940, as amended (the “1940 Act”). Each Fund expects that distributions under the Plan will exceed current income and capital gains and therefore will likely include a return of capital. BKT and BBN may make additional distributions from time to time, including additional capital gain distributions at the end of the taxable year, if required to meet requirements imposed by the Code and/or the 1940 Act. BKT and BBN’s estimated sources of the distributions paid as of August 31, 2022 and for its current fiscal year are as follows: Estimated Allocations as of August 31, 2022 Fund Distribution Net Income Net Realized Short-Term Gains Net Realized Long- Term Gains Return of Capital BKT2 $0.029400 $0.018462 (63%) $0 (0%) $0 (0%) $0.010938 (37%) BBN2 $0.122900 $0.087497 (71%) $0 (0%) $0 (0%) $0.035403 (29%) Estimated Allocations for the Fiscal Year through August 31, 2022 Fund Distribution Net Income Net Realized Short-Term Gains Net Realized Long- Term Gains Return of Capital BKT2 $0.225800 $0.134985 (60%) $0 (0%) $0 (0%) $0.090815 (40%) BBN2 $0.860300 $0.773229 (90%) $0 (0%) $0 (0%) $0.087071 (10%) 2The Fund estimates that it has distributed more than its income and net-realized capital gains in the current fiscal year; therefore, a portion of your distribution may be a return of capital. A return of capital may occur, for example, when some or all of the shareholder’s investment is paid back to the shareholder. A return of capital distribution does not necessarily reflect the Fund's investment performance and should not be confused with ‘yield’ or ‘income’. When distributions exceed total return performance, the difference will reduce the Fund’s net asset value per share. The amounts and sources of distributions reported are only estimates and are being provided to you pursuant to regulatory requirements and are not being provided for tax reporting purposes. The actual amounts and sources of the amounts for tax reporting purposes will depend upon BKT and BBN’s investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. BKT and BBN will send its stockholders a Form 1099-DIV for the calendar year that will illustrate how to report these distributions for federal income tax purposes. Fund Performance and Distribution Rate Information: Fund Average annual total return (in relation to NAV) for the 5-year period ending on 7/31/2022 Annualized current distribution rate expressed as a percentage of NAV as of 7/31/2022 Cumulative total return (in relation to NAV) for the fiscal year through 7/31/2022 Cumulative fiscal year distributions as a percentage of NAV as 7/31/2022 BKT 0.73% 7.07% (8.02)% 3.94% BBN 2.57% 7.54% (19.82)% 3.77% No conclusions should be drawn about BKT or BBN’s investment performance from the amount of the Fund’s distributions or from the terms of the Fund’s Plan. The amount distributed per share under a Plan is subject to change at the discretion of the applicable Fund’s Board. Each Plan will be subject to ongoing review by the Board to determine whether the Plan should be continued, modified or terminated. The Board may amend the terms of a Plan or suspend or terminate a Plan at any time without prior notice to the Fund’s shareholders if it deems such actions to be in the best interest of the Fund or its shareholders. The amendment or termination of a Plan could have an adverse effect on the market price of the Fund's shares. About BlackRock BlackRock’s purpose is to help more and more people experience financial well-being. As a fiduciary to investors and a leading provider of financial technology, we help millions of people build savings that serve them throughout their lives by making investing easier and more affordable. For additional information on BlackRock, please visit www.blackrock.com/corporate | Twitter: @blackrock | LinkedIn: www.linkedin.com/company/blackrock Availability of Fund Updates BlackRock will update performance and certain other data for the Funds on a monthly basis on its website in the “Closed-end Funds” section of www.blackrock.com as well as certain other material information as necessary from time to time. Investors and others are advised to check the website for updated performance information and the release of other material information about the Funds. This reference to BlackRock’s website is intended to allow investors public access to information regarding the Funds and does not, and is not intended to, incorporate BlackRock’s website in this release. Forward-Looking Statements This press release, and other statements that BlackRock or a Fund may make, may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act, with respect to a Fund’s or BlackRock’s future financial or business performance, strategies or expectations. Forward-looking statements are typically identified by words or phrases such as “trend,” “potential,” “opportunity,” “pipeline,” “believe,” “comfortable,” “expect,” “anticipate,” “current,” “intention,” “estimate,” “position,” “assume,” “outlook,” “continue,” “remain,” “maintain,” “sustain,” “seek,” “achieve,” and similar expressions, or future or conditional verbs such as “will,” “would,” “should,” “could,” “may” or similar expressions. BlackRock cautions that forward-looking statements are subject to numerous assumptions, risks and uncertainties, which change over time. Forward-looking statements speak only as of the date they are made, and BlackRock assumes no duty to and does not undertake to update forward-looking statements. Actual results could differ materially from those anticipated in forward-looking statements and future results could differ materially from historical performance. With respect to the Funds, the following factors, among others, could cause actual events to differ materially from forward-looking statements or historical performance: (1) changes and volatility in political, economic or industry conditions, the interest rate environment, foreign exchange rates or financial and capital markets, which could result in changes in demand for the Funds or in a Fund’s net asset value; (2) the relative and absolute investment performance of a Fund and its investments; (3) the impact of increased competition; (4) the unfavorable resolution of any legal proceedings; (5) the extent and timing of any distributions or share repurchases; (6) the impact, extent and timing of technological changes; (7) the impact of legislative and regulatory actions and reforms, and regulatory, supervisory or enforcement actions of government agencies relating to a Fund or BlackRock, as applicable; (8) terrorist activities, international hostilities, health epidemics and/or pandemics and natural disasters, which may adversely affect the general economy, domestic and local financial and capital markets, specific industries or BlackRock; (9) BlackRock’s ability to attract and retain highly talented professionals; (10) the impact of BlackRock electing to provide support to its products from time to time; and (11) the impact of problems at other financial institutions or the failure or negative performance of products at other financial institutions. Annual and Semi-Annual Reports and other regulatory filings of the Funds with the Securities and Exchange Commission (“SEC”) are accessible on the SEC's website at www.sec.gov and on BlackRock’s website at www.blackrock.com, and may discuss these or other factors that affect the Funds. The information contained on BlackRock’s website is not a part of this press release. |
businesswire.com |
2022-09-01 20:30:00 |
Czytaj oryginał (ang.) |
| Distribution Dates and Amounts Announced for Certain BlackRock Closed-End Funds |
NEW YORK--(BUSINESS WIRE)--Certain BlackRock closed-end funds (the “Funds”) announced distributions today as detailed below. Municipal Funds: Declaration- 8/1/2022 Ex-Date- 8/12/2022 Record- 8/15/2022 Payable- 9/1/2022 National Funds Ticker Distribution Change From Prior Distribution BlackRock Municipal Income Quality Trust* BYM $0.058000 - BlackRock Long-Term Municipal Advantage Trust BTA $0.054500 - BlackRock MuniAssets Fund, Inc. MUA $0.045500 - BlackRock Municipal Income Fund, Inc. * MUI $0.054000 - BlackRock Municipal Income Trust* BFK $0.046500 - BlackRock Investment Quality Municipal Trust, Inc. * BKN $0.068000 - BlackRock Municipal Income Trust II* BLE $0.052000 - BlackRock Municipal 2030 Target Term Trust BTT $0.062400 - BlackRock MuniHoldings Fund MHD $0.060500 - BlackRock MuniYield Quality Fund II, Inc. MQT $0.054000 - BlackRock MuniYield Quality Fund, Inc. * MQY $0.056000 - BlackRock MuniHoldings Quality Fund II, Inc. MUE $0.052500 - BlackRock MuniVest Fund II, Inc. * MVT $0.050000 - BlackRock MuniYield Fund, Inc. * MYD $0.051500 - BlackRock MuniYield Quality Fund III, Inc. MYI $0.051500 - BlackRock MuniVest Fund, Inc. * MVF $0.033500 - State-Specific Funds Ticker Distribution Change From Prior Distribution BlackRock MuniHoldings California Quality Fund, Inc. * MUC $0.055000 - BlackRock California Municipal Income Trust BFZ $0.043000 - BlackRock MuniYield Michigan Quality Fund, Inc. MIY $0.056000 - BlackRock MuniHoldings New Jersey Quality Fund, Inc. * MUJ $0.063000 - BlackRock MuniHoldings New York Quality Fund, Inc. * MHN $0.044500 - BlackRock MuniYield New York Quality Fund, Inc. MYN $0.040500 - BlackRock New York Municipal Income Trust* BNY $0.046500 - BlackRock MuniYield Pennsylvania Quality Fund* MPA $0.055000 - BlackRock Virginia Municipal Bond Trust* BHV $0.045500 - Taxable Municipal Fund: Declaration- 8/1/2022 Ex-Date- 8/12/2022 Record- 8/15/2022 Payable- 8/31/2022 Fund Ticker Distribution Change From Prior Distribution BlackRock Taxable Municipal Bond Trust* BBN $0.122900 - Taxable Fixed Income Funds: Declaration- 8/1/2022 Ex-Date- 8/12/2022 Record- 8/15/2022 Payable- 8/31/2022 Fund Ticker Distribution Change From Prior Distribution BlackRock Floating Rate Income Trust* BGT $0.064700 - BlackRock Core Bond Trust* BHK $0.074600 - BlackRock Multi-Sector Income Trust* BIT $0.123700 - BlackRock Income Trust, Inc.* BKT $0.029400 - BlackRock Limited Duration Income Trust* BLW $0.098100 - BlackRock Credit Allocation Income Trust* BTZ $0.083900 - BlackRock Debt Strategies Fund, Inc.* DSU $0.060500 - BlackRock Enhanced Government Fund, Inc.* EGF $0.041000 - BlackRock Floating Rate Income Strategies Fund, Inc.* FRA $0.066700 - BlackRock Corporate High Yield Fund, Inc.* HYT $0.077900 - Equity Funds: Declaration- 8/1/2022 Ex-Date- 8/12/2022 Record- 8/15/2022 Payable- 8/31/2022 Fund Ticker Distribution Change From Prior Distribution BlackRock Resources & Commodities Strategy Trust* BCX $0.045000 - BlackRock Enhanced Equity Dividend Trust* BDJ $0.056200 - BlackRock Energy and Resources Trust* BGR $0.049000 - BlackRock Enhanced International Dividend Trust* BGY $0.033800 - BlackRock Health Sciences Trust* BME $0.213000 - BlackRock Health Sciences Trust II* BMEZ $0.145000 - BlackRock Enhanced Global Dividend Trust* BOE $0.063000 - BlackRock Utilities, Infrastructure & Power Opportunities Trust* BUI $0.121000 - BlackRock Enhanced Capital and Income Fund, Inc.* CII $0.099500 - BlackRock Science and Technology Trust* BST $0.250000 - BlackRock Science and Technology Trust II* BSTZ $0.192000 - BlackRock Innovation and Growth Trust* BIGZ $0.070000 - Multi-Asset Funds: Declaration- 8/1/2022 Ex-Date- 8/12/2022 Record- 8/15/2022 Payable- 8/31/2022 Fund Ticker Distribution Change From Prior Distribution BlackRock Capital Allocation Trust* BCAT $0.104100 - BlackRock ESG Capital Allocation Trust* ECAT $0.100000 - * In order to comply with the requirements of Section 19 of the Investment Company Act of 1940, as amended (the “1940 Act”), each of the Funds noted above posted to the DTC bulletin board and sent to its shareholders of record as of the applicable record date a Section 19 notice with the previous distribution payment. The Section 19 notice was provided for informational purposes only and not for tax reporting purposes. This information can be found in the “Closed-End Funds” section of www.blackrock.com. As applicable, the final determination of the source and tax characteristics of all distributions in 2022 will be made after the end of the year. BlackRock Resources & Commodities Strategy Trust (NYSE: BCX), BlackRock Enhanced Equity Dividend Trust (NYSE: BDJ), BlackRock Energy and Resources Trust (NYSE: BGR), BlackRock Enhanced International Dividend Trust (NYSE: BGY), BlackRock Health Sciences Trust (NYSE: BME), BlackRock Health Sciences Trust II (NYSE: BMEZ), BlackRock Enhanced Global Dividend Trust (NYSE: BOE), BlackRock Utilities, Infrastructure & Power Opportunities Trust (NYSE: BUI), BlackRock Enhanced Capital and Income Fund, Inc. (NYSE: CII), BlackRock Science and Technology Trust (NYSE: BST), BlackRock Science and Technology Trust II (NYSE: BSTZ), BlackRock Innovation and Growth Trust (NYSE: BIGZ), BlackRock Enhanced Government Fund, Inc. (NYSE: EGF) , BlackRock Debt Strategies Fund, Inc. (NYSE: DSU), BlackRock Floating Rate Income Strategies Fund, Inc. (NYSE: FRA), BlackRock Floating Rate Income Trust (NYSE: BGT), BlackRock Corporate High Yield Fund, Inc. (NYSE: HYT), BlackRock Credit Allocation Income Trust (NYSE: BTZ), BlackRock Limited Duration Income Trust (NYSE: BLW), BlackRock Core Bond Trust (NYSE: BHK), BlackRock Multi-Sector Income Trust (NYSE: BIT), BlackRock Capital Allocation Trust (NYSE: BCAT), and BlackRock ESG Capital Allocation Trust (NYSE: ECAT) (collectively, the “Plan Funds”) have adopted a managed distribution plan (a “Plan”) to support a level distribution of income, capital gains and/or return of capital. The fixed amounts distributed per share are subject to change at the discretion of each Plan Fund’s Board of Directors/Trustees. Under its Plan, each Plan Fund will distribute all available investment income to its shareholders, consistent with its investment objectives and as required by the Internal Revenue Code of 1986, as amended (the “Code”). If sufficient investment income is not available on a monthly basis, each Plan Fund will distribute long-term capital gains and/or return capital to its shareholders in order to maintain a level distribution. The Funds’ estimated sources of the distributions paid this month and for their current fiscal year are as follows: Estimated Allocations as of July 29, 2022 Fund Distribution Net Income Net Realized Short-Term Gains Net Realized Long-Term Gains Return of Capital BCX1 $0.045000 $0.013498 (30%) $0 (0%) $0 (0%) $0.031502 (70%) BDJ $0.056200 $0.010587 (19%) $0.045613 (81%) $0 (0%) $0 (0%) BGR1 $0.049000 $0.023671 (48%) $0 (0%) $0 (0%) $0.025329 (52%) BGY1 $0.033800 $0.008651 (26%) $0 (0%) $0.025131 (74%) $0.000018 (0%) BME $0.213000 $0.019307 (9%) $0 (0%) $0.193693 (91%) $0 (0%) BMEZ $0.145000 $0 (0%) $0.122520 (84%) $0.022480 (16%) $0 (0%) BOE $0.063000 $0.019103 (30%) $0.043897 (70%) $0 (0%) $0 (0%) BUI $0.121000 $0.024676 (20%) $0.022930 (19%) $0.073394 (61%) $0 (0%) CII $0.099500 $0.003508 (4%) $0.095992 (96%) $0 (0%) $0 (0%) BST $0.250000 $0 (0%) $0 (0%) $0.250000 (100%) $0 (0%) BSTZ $0.192000 $0 (0%) $0 (0%) $0.192000 (100%) $0 (0%) BIGZ1 $0.070000 $0 (0%) $0 (0%) $0 (0%) $0.070000 (100%) EGF1 $0.041000 $0.024543 (60%) $0 (0%) $0 (0%) $0.016457 (40%) DSU1 $0.060500 $0.055662 (92%) $0 (0%) $0 (0%) $0.004838 (8%) FRA1 $0.066700 $0.063282 (95%) $0 (0%) $0 (0%) $0.003418 (5%) BGT1 $0.064700 $0.062529 (97%) $0 (0%) $0 (0%) $0.002171 (3%) HYT1 $0.077900 $0.054633 (70%) $0 (0%) $0 (0%) $0.023267 (30%) BTZ1 $0.083900 $0.066130 (79%) $0 (0%) $0 (0%) $0.017770 (21%) BLW1 $0.098100 $0.078331 (80%) $0 (0%) $0 (0%) $0.019769 (20%) BHK1 $0.074600 $0.056213 (75%) $0 (0%) $0 (0%) $0.018387 (25%) BIT1 $0.123700 $0.077757 (63%) $0 (0%) $0 (0%) $0.045943 (37%) BCAT1 $0.104100 $0.049260 (47%) $0 (0%) $0 (0%) $0.054840 (53%) ECAT1 $0.100000 $0.015176 (15%) $0 (0%) $0 (0%) $0.084824 (85%) Estimated Allocations for the Fiscal Year through July 29, 2022 Fund Distribution Net Income Net Realized Short-Term Gains Net Realized Long-Term Gains Return of Capital BCX1 $0.305000 $0.167978 (55%) $0 (0%) $0 (0%) $0.137022 (45%) BDJ $0.381000 $0.093067 (24%) $0.158482 (42%) $0.129451 (34%) $0 (0%) BGR1 $0.305000 $0.210052 (69%) $0 (0%) $0 (0%) $0.094948 (31%) BGY1 $0.236600 $0.079840 (34%) $0 (0%) $0.075155 (32%) $0.081605 (34%) BME $1.491000 $0.054822 (4%) $0 (0%) $1.436178 (96%) $0 (0%) BMEZ $1.015000 $0 (0%) $0.480467 (47%) $0.534533 (53%) $0 (0%) BOE $0.441000 $0.146011 (33%) $0.064109 (15%) $0.230880 (52%) $0 (0%) BUI $0.847000 $0.235434 (28%) $0.022930 (3%) $0.588636 (69%) $0 (0%) CII $0.696500 $0.029225 (4%) $0.494128 (71%) $0.173147 (25%) $0 (0%) BST $1.750000 $0 (0%) $0 (0%) $1.750000 (100%) $0 (0%) BSTZ $1.344000 $0 (0%) $0.280642 (21%) $1.063358 (79%) $0 (0%) BIGZ1 $0.640000 $0 (0%) $0 (0%) $0 (0%) $0.640000 (100%) EGF1 $0.246000 $0.171215 (70%) $0 (0%) $0 (0%) $0.074785 (30%) DSU1 $0.363000 $0.345682 (95%) $0 (0%) $0 (0%) $0.017318 (5%) FRA1 $0.400200 $0.378298 (95%) $0 (0%) $0 (0%) $0.021902 (5%) BGT1 $0.388200 $0.369034 (95%) $0 (0%) $0 (0%) $0.019166 (5%) HYT1 $0.467400 $0.396990 (85%) $0 (0%) $0 (0%) $0.070410 (15%) BTZ1 $0.503400 $0.464915 (92%) $0 (0%) $0 (0%) $0.038485 (8%) BLW1 $0.588600 $0.539928 (92%) $0 (0%) $0 (0%) $0.048672 (8%) BHK1 $0.447600 $0.399981 (89%) $0 (0%) $0 (0%) $0.047619 (11%) BIT1 $1.113300 $0.730971 (66%) $0 (0%) $0 (0%) $0.382329 (34%) BCAT1 $0.728700 $0.329077 (45%) $0 (0%) $0 (0%) $0.399623 (55%) ECAT1 $0.700000 $0.097598 (14%) $0 (0%) $0 (0%) $0.602402 (86%) 1The Fund estimates that it has distributed more than its income and net-realized capital gains in the current fiscal year; therefore, a portion of your distribution may be a return of capital. A return of capital may occur, for example, when some or all of the shareholder’s investment is paid back to the shareholder. A return of capital distribution does not necessarily reflect the Fund's investment performance and should not be confused with ‘yield’ or ‘income’. When distributions exceed total return performance, the difference will reduce the Fund’s net asset value per share. The amounts and sources of distributions reported are only estimates and are being provided to you pursuant to regulatory requirements and are not being provided for tax reporting purposes. The actual amounts and sources of the amounts for tax reporting purposes will depend upon each Fund’s investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. The Fund will send you a Form 1099-DIV for the calendar year that will tell you how to report these distributions for federal income tax purposes. Fund Performance and Distribution Rate Information: Fund Average annual total return (in relation to NAV) for the 5-year period ending on 6/30/2022 Annualized current distribution rate expressed as a percentage of NAV as of 6/30/2022 Cumulative total return (in relation to NAV) for the fiscal year through 6/30/2022 Cumulative fiscal year distributions as a percentage of NAV as of 6/30/2022 BCX 8.74% 5.43% (0.05)% 2.61% BDJ 6.83% 7.42% (8.07)% 3.57% BGR 4.47% 4.70% 18.65% 2.05% BGY 3.74% 7.13% (13.36)% 3.56% BME 9.96% 6.09% (9.93)% 3.05% BMEZ* 3.84% 9.20% (25.17)% 4.60% BOE 4.02% 6.77% (13.71)% 3.38% BUI 7.87% 6.70% (13.57)% 3.35% CII 9.55% 6.48% (13.99)% 3.24% BST 15.01% 8.94% (33.49)% 4.47% BSTZ* 11.75% 10.07% (38.36)% 5.03% BIGZ* (40.49)% 8.85% (40.02)% 6.01% EGF (1.06)% 4.46% (11.93)% 1.86% DSU 3.16% 7.11% (8.97)% 2.96% FRA 2.90% 6.42% (7.51)% 2.68% BGT 2.87% 6.42% (7.50)% 2.67% HYT 3.21% 9.89% (18.17)% 4.12% BTZ 2.05% 8.66% (20.27)% 3.61% BLW 2.51% 8.73% (15.05)% 3.64% BHK 1.58% 7.55% (20.99)% 3.15% BIT 3.16% 10.05% (12.71)% 6.70% BCAT* (2.48)% 7.24% (14.16)% 3.62% ECAT* (11.62)% 7.09% (15.02)% 3.55% * Portfolio launched within the past 5 years; the performance and distribution rate information presented for this Fund reflects data from inception to 6/30/2022. Shareholders should not draw any conclusions about a Fund’s investment performance from the amount of the Fund’s current distributions or from the terms of the Fund’s Plan. BKT and BBN have adopted a Plan whereby the Fund will make fixed monthly distributions to common stockholders and will distribute all available net income to its stockholders, consistent with its investment objective and as required by the Code. The fixed amount distributed per share is subject to change at the discretion of BKT and BBN’s Board. If sufficient net income is not available on a monthly basis, a Fund will distribute long-term capital gains and/or return capital to its stockholders in order to maintain a level distribution. BKT and BBN are currently not relying on any exemptive relief from Section 19(b) of the Investment Company Act of 1940, as amended (the “1940 Act”). Each Fund expects that distributions under the Plan will exceed current income and capital gains and therefore will likely include a return of capital. BKT and BBN may make additional distributions from time to time, including additional capital gain distributions at the end of the taxable year, if required to meet requirements imposed by the Code and/or the 1940 Act. BKT and BBN’s estimated sources of the distributions paid as of July 29, 2022 and for its current fiscal year are as follows: Estimated Allocations as of July 29, 2022 Fund Distribution Net Income Net Realized Short-Term Gains Net Realized Long-Term Gains Return of Capital BKT2 $0.029400 $0.021027 (72%) $0 (0%) $0 (0%) $0.008373 (28%) BBN2 $0.122900 $0.095516 (78%) $0 (0%) $0 (0%) $0.027384 (22%) Estimated Allocations for the Fiscal Year through July 29, 2022 Fund Distribution Net Income Net Realized Short-Term Gains Net Realized Long-Term Gains Return of Capital BKT2 $0.196400 $0.116523 (59%) $0 (0%) $0 (0%) $0.079877 (41%) BBN2 $0.737400 $0.690961 (94%) $0 (0%) $0 (0%) $0.046439 (6%) 2The Fund estimates that it has distributed more than its income and net-realized capital gains in the current fiscal year; therefore, a portion of your distribution may be a return of capital. A return of capital may occur, for example, when some or all of the shareholder’s investment is paid back to the shareholder. A return of capital distribution does not necessarily reflect the Fund's investment performance and should not be confused with ‘yield’ or ‘income’. When distributions exceed total return performance, the difference will reduce the Fund’s net asset value per share. The amounts and sources of distributions reported are only estimates and are being provided to you pursuant to regulatory requirements and are not being provided for tax reporting purposes. The actual amounts and sources of the amounts for tax reporting purposes will depend upon BKT and BBN’s investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. BKT and BBN will send its stockholders a Form 1099-DIV for the calendar year that will illustrate how to report these distributions for federal income tax purposes. Fund Performance and Distribution Rate Information: Fund Average annual total return (in relation to NAV) for the 5-year period ending on 6/30/2022 Annualized current distribution rate expressed as a percentage of NAV as of 6/30/2022 Cumulative total return (in relation to NAV) for the fiscal year through 6/30/2022 Cumulative fiscal year distributions as a percentage of NAV as 6/30/2022 BKT 0.12% 7.27% (11.15)% 3.44% BBN 2.43% 7.63% (21.26)% 3.18% No conclusions should be drawn about BKT or BBN’s investment performance from the amount of the Fund’s distributions or from the terms of the Fund’s Plan. The amount distributed per share under a Plan is subject to change at the discretion of the applicable Fund’s Board. Each Plan will be subject to ongoing review by the Board to determine whether the Plan should be continued, modified or terminated. The Board may amend the terms of a Plan or suspend or terminate a Plan at any time without prior notice to the Fund’s shareholders if it deems such actions to be in the best interest of the Fund or its shareholders. The amendment or termination of a Plan could have an adverse effect on the market price of the Fund's shares. About BlackRock BlackRock’s purpose is to help more and more people experience financial well-being. As a fiduciary to investors and a leading provider of financial technology, we help millions of people build savings that serve them throughout their lives by making investing easier and more affordable. For additional information on BlackRock, please visit www.blackrock.com/corporate | Twitter: @blackrock | LinkedIn: www.linkedin.com/company/blackrock Availability of Fund Updates BlackRock will update performance and certain other data for the Funds on a monthly basis on its website in the “Closed-end Funds” section of www.blackrock.com as well as certain other material information as necessary from time to time. Investors and others are advised to check the website for updated performance information and the release of other material information about the Funds. This reference to BlackRock’s website is intended to allow investors public access to information regarding the Funds and does not, and is not intended to, incorporate BlackRock’s website in this release. Forward-Looking Statements This press release, and other statements that BlackRock or a Fund may make, may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act, with respect to a Fund’s or BlackRock’s future financial or business performance, strategies or expectations. Forward-looking statements are typically identified by words or phrases such as “trend,” “potential,” “opportunity,” “pipeline,” “believe,” “comfortable,” “expect,” “anticipate,” “current,” “intention,” “estimate,” “position,” “assume,” “outlook,” “continue,” “remain,” “maintain,” “sustain,” “seek,” “achieve,” and similar expressions, or future or conditional verbs such as “will,” “would,” “should,” “could,” “may” or similar expressions. BlackRock cautions that forward-looking statements are subject to numerous assumptions, risks and uncertainties, which change over time. Forward-looking statements speak only as of the date they are made, and BlackRock assumes no duty to and does not undertake to update forward-looking statements. Actual results could differ materially from those anticipated in forward-looking statements and future results could differ materially from historical performance. With respect to the Funds, the following factors, among others, could cause actual events to differ materially from forward-looking statements or historical performance: (1) changes and volatility in political, economic or industry conditions, the interest rate environment, foreign exchange rates or financial and capital markets, which could result in changes in demand for the Funds or in a Fund’s net asset value; (2) the relative and absolute investment performance of a Fund and its investments; (3) the impact of increased competition; (4) the unfavorable resolution of any legal proceedings; (5) the extent and timing of any distributions or share repurchases; (6) the impact, extent and timing of technological changes; (7) the impact of legislative and regulatory actions and reforms, and regulatory, supervisory or enforcement actions of government agencies relating to a Fund or BlackRock, as applicable; (8) terrorist activities, international hostilities, health epidemics and/or pandemics and natural disasters, which may adversely affect the general economy, domestic and local financial and capital markets, specific industries or BlackRock; (9) BlackRock’s ability to attract and retain highly talented professionals; (10) the impact of BlackRock electing to provide support to its products from time to time; and (11) the impact of problems at other financial institutions or the failure or negative performance of products at other financial institutions. Annual and Semi-Annual Reports and other regulatory filings of the Funds with the Securities and Exchange Commission (“SEC”) are accessible on the SEC's website at www.sec.gov and on BlackRock’s website at www.blackrock.com, and may discuss these or other factors that affect the Funds. The information contained on BlackRock’s website is not a part of this press release. |
businesswire.com |
2022-08-01 20:30:00 |
Czytaj oryginał (ang.) |
| Distribution Dates and Amounts Announced for Certain BlackRock Closed-End Funds |
NEW YORK--(BUSINESS WIRE)--Certain BlackRock closed-end funds (the “Funds”) announced distributions today as detailed below. Municipal Funds: Declaration- 7/1/2022 Ex-Date- 7/14/2022 Record- 7/15/2022 Payable- 8/1/2022 National Funds Ticker Distribution Change From Prior Distribution BlackRock Municipal Income Quality Trust BYM $0.058000 - BlackRock Long-Term Municipal Advantage Trust BTA $0.054500 - BlackRock MuniAssets Fund, Inc. MUA $0.045500 - BlackRock Municipal Income Fund, Inc. MUI $0.054000 - BlackRock Municipal Income Trust* BFK $0.046500 - BlackRock Investment Quality Municipal Trust, Inc. BKN $0.068000 - BlackRock Municipal Income Trust II* BLE $0.052000 - BlackRock Municipal 2030 Target Term Trust BTT $0.062400 - BlackRock MuniHoldings Fund MHD $0.060500 - BlackRock MuniYield Quality Fund II, Inc. MQT $0.054000 - BlackRock MuniYield Quality Fund, Inc.* MQY $0.056000 - BlackRock MuniHoldings Quality Fund II, Inc. MUE $0.052500 - BlackRock MuniVest Fund II, Inc.* MVT $0.050000 - BlackRock MuniYield Fund, Inc.* MYD $0.051500 - BlackRock MuniYield Quality Fund III, Inc. MYI $0.051500 - BlackRock MuniVest Fund, Inc. MVF $0.033500 - State-Specific Funds Ticker Distribution Change From Prior Distribution BlackRock MuniHoldings California Quality Fund, Inc. MUC $0.055000 - BlackRock California Municipal Income Trust BFZ $0.043000 - BlackRock MuniYield Michigan Quality Fund, Inc. MIY $0.056000 - BlackRock MuniHoldings New Jersey Quality Fund, Inc.* MUJ $0.063000 - BlackRock MuniHoldings New York Quality Fund, Inc.* MHN $0.044500 - BlackRock MuniYield New York Quality Fund, Inc.* MYN $0.040500 - BlackRock New York Municipal Income Trust* BNY $0.046500 - BlackRock MuniYield Pennsylvania Quality Fund MPA $0.055000 - BlackRock Virginia Municipal Bond Trust* BHV $0.045500 - Taxable Municipal Fund: Declaration- 7/1/2022 Ex-Date- 7/14/2022 Record- 7/15/2022 Payable- 7/29/2022 Fund Ticker Distribution Change From Prior Distribution BlackRock Taxable Municipal Bond Trust* BBN $0.122900 - Taxable Fixed Income Funds: Declaration- 7/1/2022 Ex-Date- 7/14/2022 Record- 7/15/2022 Payable- 7/29/2022 Fund Ticker Distribution Change From Prior Distribution BlackRock Floating Rate Income Trust* BGT $0.064700 - BlackRock Core Bond Trust* BHK $0.074600 - BlackRock Multi-Sector Income Trust* BIT $0.123700 - BlackRock Income Trust, Inc.* BKT $0.029400 - BlackRock Limited Duration Income Trust BLW $0.098100 - BlackRock Credit Allocation Income Trust* BTZ $0.083900 - BlackRock Debt Strategies Fund, Inc.* DSU $0.060500 - BlackRock Enhanced Government Fund, Inc.* EGF $0.041000 - BlackRock Floating Rate Income Strategies Fund, Inc.* FRA $0.066700 - BlackRock Corporate High Yield Fund, Inc.* HYT $0.077900 - Equity Funds: Declaration- 7/1/2022 Ex-Date- 7/14/2022 Record- 7/15/2022 Payable- 7/29/2022 Fund Ticker Distribution Change From Prior Distribution BlackRock Resources & Commodities Strategy Trust BCX $0.045000 - BlackRock Enhanced Equity Dividend Trust* BDJ $0.056200 - BlackRock Energy and Resources Trust BGR $0.049000 - BlackRock Enhanced International Dividend Trust* BGY $0.033800 - BlackRock Health Sciences Trust* BME $0.213000 - BlackRock Health Sciences Trust II* BMEZ $0.145000 - BlackRock Enhanced Global Dividend Trust* BOE $0.063000 - BlackRock Utilities, Infrastructure & Power Opportunities Trust* BUI $0.121000 - BlackRock Enhanced Capital and Income Fund, Inc.* CII $0.099500 - BlackRock Science and Technology Trust* BST $0.250000 - BlackRock Science and Technology Trust II* BSTZ $0.192000 - BlackRock Innovation and Growth Trust* BIGZ $0.070000 - Multi-Asset Funds: Declaration- 7/1/2022 Ex-Date- 7/14/2022 Record- 7/15/2022 Payable- 7/29/2022 Fund Ticker Distribution Change From Prior Distribution BlackRock Capital Allocation Trust* BCAT $0.104100 - BlackRock ESG Capital Allocation Trust* ECAT $0.100000 - * In order to comply with the requirements of Section 19 of the Investment Company Act of 1940, as amended (the “1940 Act”), each of the Funds noted above posted to the DTC bulletin board and sent to its shareholders of record as of the applicable record date a Section 19 notice with the previous distribution payment. The Section 19 notice was provided for informational purposes only and not for tax reporting purposes. This information can be found in the “Closed-End Funds” section of www.blackrock.com. As applicable, the final determination of the source and tax characteristics of all distributions in 2022 will be made after the end of the year. BlackRock Resources & Commodities Strategy Trust (NYSE: BCX), BlackRock Enhanced Equity Dividend Trust (NYSE: BDJ), BlackRock Energy and Resources Trust (NYSE: BGR), BlackRock Enhanced International Dividend Trust (NYSE: BGY), BlackRock Health Sciences Trust (NYSE: BME), BlackRock Health Sciences Trust II (NYSE: BMEZ), BlackRock Enhanced Global Dividend Trust (NYSE: BOE), BlackRock Utilities, Infrastructure & Power Opportunities Trust (NYSE: BUI), BlackRock Enhanced Capital and Income Fund, Inc. (NYSE: CII), BlackRock Science and Technology Trust (NYSE: BST), BlackRock Science and Technology Trust II (NYSE: BSTZ), BlackRock Innovation and Growth Trust (NYSE: BIGZ), BlackRock Enhanced Government Fund, Inc. (NYSE: EGF) , BlackRock Debt Strategies Fund, Inc. (NYSE: DSU), BlackRock Floating Rate Income Strategies Fund, Inc. (NYSE: FRA), BlackRock Floating Rate Income Trust (NYSE: BGT), BlackRock Corporate High Yield Fund, Inc. (NYSE: HYT), BlackRock Credit Allocation Income Trust (NYSE: BTZ), BlackRock Limited Duration Income Trust (NYSE: BLW), BlackRock Core Bond Trust (NYSE: BHK), BlackRock Multi-Sector Income Trust (NYSE: BIT), BlackRock Capital Allocation Trust (NYSE: BCAT), and BlackRock ESG Capital Allocation Trust (NYSE: ECAT) (collectively, the “Plan Funds”) have adopted a managed distribution plan (a “Plan”) to support a level distribution of income, capital gains and/or return of capital. The fixed amounts distributed per share are subject to change at the discretion of each Plan Fund’s Board of Directors/Trustees. Under its Plan, each Plan Fund will distribute all available investment income to its shareholders, consistent with its investment objectives and as required by the Internal Revenue Code of 1986, as amended (the “Code”). If sufficient investment income is not available on a monthly basis, each Plan Fund will distribute long-term capital gains and/or return capital to its shareholders in order to maintain a level distribution. The Funds’ estimated sources of the distributions paid this month and for their current fiscal year are as follows: Estimated Allocations as of June 30, 2022 Fund Distribution Net Income Net Realized Short- Term Gains Net Realized Long- Term Gains Return of Capital BCX1 $0.045000 $0.045000 (100%) $0 (0%) $0 (0%) $0 (0%) BDJ $0.056200 $0.008564 (15%) $0.047636 (85%) $0 (0%) $0 (0%) BGR1 $0.049000 $0.049000 (100%) $0 (0%) $0 (0%) $0 (0%) BGY1 $0.033800 $0.005959 (18%) $0 (0%) $0.027841 (82%) $0 (0%) BME $0.213000 $0.013204 (6%) $0 (0%) $0.199796 (94%) $0 (0%) BMEZ $0.145000 $0 (0%) $0 (0%) $0.145000 (100%) $0 (0%) BOE $0.063000 $0.017477 (28%) $0 (0%) $0.045523 (72%) $0 (0%) BUI1 $0.121000 $0.050025 (41%) $0 (0%) $0.038800 (32%) $0.032175 (27%) CII $0.099500 $0.009034 (9%) $0.090466 (91%) $0 (0%) $0 (0%) BST $0.250000 $0 (0%) $0 (0%) $0.250000 (100%) $0 (0%) BSTZ $0.192000 $0 (0%) $0.144694 (75%) $0.047306 (25%) $0 (0%) BIGZ1 $0.070000 $0 (0%) $0 (0%) $0 (0%) $0.070000 (100%) EGF1 $0.041000 $0.029135 (71%) $0 (0%) $0 (0%) $0.011865 (29%) DSU1 $0.060500 $0.053846 (89%) $0 (0%) $0 (0%) $0.006654 (11%) FRA1 $0.066700 $0.060730 (91%) $0 (0%) $0 (0%) $0.005970 (9%) BGT1 $0.064700 $0.058929 (91%) $0 (0%) $0 (0%) $0.005771 (9%) HYT1 $0.077900 $0.058051 (75%) $0 (0%) $0 (0%) $0.019849 (25%) BTZ1 $0.083900 $0.070912 (85%) $0 (0%) $0 (0%) $0.012988 (15%) BLW1 $0.098100 $0.078405 (80%) $0 (0%) $0 (0%) $0.019695 (20%) BHK1 $0.074600 $0.058391 (78%) $0 (0%) $0 (0%) $0.016209 (22%) BIT1 $0.123700 $0.074911 (61%) $0 (0%) $0 (0%) $0.048789 (39%) BCAT1 $0.104100 $0.048160 (46%) $0 (0%) $0 (0%) $0.055940 (54%) ECAT1 $0.100000 $0.036498 (36%) $0 (0%) $0 (0%) $0.063502 (64%) Estimated Allocations for the Fiscal Year through June 30, 2022 Fund Distribution Net Income Net Realized Short- Term Gains Net Realized Long- Term Gains Return of Capital BCX1 $0.260000 $0.154480 (59%) $0 (0%) $0 (0%) $0.105520 (41%) BDJ $0.324800 $0.082480 (25%) $0.093121 (29%) $0.149199 (46%) $0 (0%) BGR1 $0.256000 $0.186381 (73%) $0 (0%) $0 (0%) $0.069619 (27%) BGY1 $0.202800 $0.071189 (35%) $0 (0%) $0.050024 (25%) $0.081587 (40%) BME $1.278000 $0.035721 (3%) $0 (0%) $1.242279 (97%) $0 (0%) BMEZ $0.870000 $0 (0%) $0.357947 (41%) $0.512053 (59%) $0 (0%) BOE $0.378000 $0.126586 (33%) $0 (0%) $0.251414 (67%) $0 (0%) BUI1 $0.726000 $0.210835 (29%) $0 (0%) $0.482989 (67%) $0.032176 (4%) CII $0.597000 $0.025717 (4%) $0.343132 (57%) $0.228151 (39%) $0 (0%) BST $1.500000 $0 (0%) $0 (0%) $1.500000 (100%) $0 (0%) BSTZ $1.152000 $0 (0%) $0.380441 (33%) $0.771559 (67%) $0 (0%) BIGZ1 $0.570000 $0 (0%) $0 (0%) $0 (0%) $0.570000 (100%) EGF1 $0.205000 $0.146671 (72%) $0 (0%) $0 (0%) $0.058329 (28%) DSU1 $0.302500 $0.290020 (96%) $0 (0%) $0 (0%) $0.012480 (4%) FRA1 $0.333500 $0.315017 (94%) $0 (0%) $0 (0%) $0.018483 (6%) BGT1 $0.323500 $0.306504 (95%) $0 (0%) $0 (0%) $0.016996 (5%) HYT1 $0.389500 $0.342518 (88%) $0 (0%) $0 (0%) $0.046982 (12%) BTZ1 $0.419500 $0.398786 (95%) $0 (0%) $0 (0%) $0.020714 (5%) BLW1 $0.490500 $0.461596 (94%) $0 (0%) $0 (0%) $0.028904 (6%) BHK1 $0.373000 $0.343768 (92%) $0 (0%) $0 (0%) $0.029232 (8%) BIT1 $0.989600 $0.653214 (66%) $0 (0%) $0 (0%) $0.336386 (34%) BCAT1 $0.624600 $0.278866 (45%) $0 (0%) $0 (0%) $0.345734 (55%) ECAT1 $0.600000 $0.082176 (14%) $0 (0%) $0 (0%) $0.517824 (86%) 1 The Fund estimates that it has distributed more than its income and net-realized capital gains in the current fiscal year; therefore, a portion of your distribution may be a return of capital. A return of capital may occur, for example, when some or all of the shareholder’s investment is paid back to the shareholder. A return of capital distribution does not necessarily reflect the Fund's investment performance and should not be confused with ‘yield’ or ‘income’. When distributions exceed total return performance, the difference will reduce the Fund’s net asset value per share. The amounts and sources of distributions reported are only estimates and are being provided to you pursuant to regulatory requirements and are not being provided for tax reporting purposes. The actual amounts and sources of the amounts for tax reporting purposes will depend upon each Fund’s investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. The Fund will send you a Form 1099-DIV for the calendar year that will tell you how to report these distributions for federal income tax purposes. Fund Performance and Distribution Rate Information: Trust Average annual total return (in relation to NAV) for the 5-year period ending on 5/31/2022 Annualized current distribution rate expressed as a percentage of NAV as of 5/31/2022 Cumulative total return (in relation to NAV) for the fiscal year through 5/31/2022 Cumulative fiscal year distributions as a percentage of NAV as of 5/31/2022 BCX 12.26% 4.56% 18.20% 1.82% BDJ 8.95% 6.79% (0.20)% 2.70% BGR 7.24% 4.04% 37.48% 1.42% BGY 5.22% 6.62% (7.28)% 2.76% BME 11.12% 5.96% (8.35)% 2.48% BMEZ* 4.48% 9.02% (24.32)% 3.76% BOE 5.61% 6.26% (7.35)% 2.61% BUI 9.47% 6.13% (6.04)% 2.55% CII 11.51% 5.96% (7.04)% 2.48% BST 17.03% 8.03% (26.49)% 3.34% BSTZ* 15.91% 9.04% (31.99)% 3.77% BIGZ* (39.26)% 8.21% (35.88)% 4.89% EGF (0.56)% 4.35% (9.88)% 1.45% DSU 4.06% 6.76% (4.87)% 2.25% FRA 3.62% 6.16% (4.13)% 2.05% BGT 3.59% 6.16% (4.16)% 2.05% HYT 5.16% 8.95% (10.34)% 2.98% BTZ 3.65% 7.98% (14.21)% 2.66% BLW 4.02% 8.07% (8.83)% 2.69% BHK 2.83% 7.10% (16.53)% 2.37% BIT 4.85% 9.32% (6.67)% 5.44% BCAT* 1.00% 6.76% (8.79)% 2.82% ECAT* (7.10)% 6.70% (10.67)% 2.79% * Portfolio launched within the past 5 years; the performance and distribution rate information presented for this Fund reflects data from inception to 5/31/2022. Shareholders should not draw any conclusions about a Fund’s investment performance from the amount of the Fund’s current distributions or from the terms of the Fund’s Plan. BKT and BBN have adopted a Plan whereby the Fund will make fixed monthly distributions to common stockholders and will distribute all available net income to its stockholders, consistent with its investment objective and as required by the Code. The fixed amount distributed per share is subject to change at the discretion of BKT and BBN’s Board. If sufficient net income is not available on a monthly basis, a Fund will distribute long-term capital gains and/or return capital to its stockholders in order to maintain a level distribution. BKT and BBN are currently not relying on any exemptive relief from Section 19(b) of the Investment Company Act of 1940, as amended (the “1940 Act”). Each Fund expects that distributions under the Plan will exceed current income and capital gains and therefore will likely include a return of capital. BKT and BBN may make additional distributions from time to time, including additional capital gain distributions at the end of the taxable year, if required to meet requirements imposed by the Code and/or the 1940 Act. BKT and BBN’s estimated sources of the distributions paid as of June 30th, 2022 and for its current fiscal year are as follows: Estimated Allocations as of June 30, 2022 Fund Distribution Net Income Net Realized Short-Term Gains Net Realized Long- Term Gains Return of Capital BKT $0.029400 $0.019593 (67%) $0 (0%) $0 (0%) $0.009807 (33%) BBN $0.122900 $0.100090 (81%) $0 (0%) $0 (0%) $0.022810 (19%) Estimated Allocations for the Fiscal Year through June 30, 2022 Fund Distribution Net Income Net Realized Short-Term Gains Net Realized Long- Term Gains Return of Capital BKT $0.167000 $0.095496 (57%) $0 (0%) $0 (0%) $0.071504 (43%) BBN $0.614500 $0.595445 (97%) $0 (0%) $0 (0%) $0.019055 (3%) The amounts and sources of distributions reported are only estimates and are being provided to you pursuant to regulatory requirements and are not being provided for tax reporting purposes. The actual amounts and sources of the amounts for tax reporting purposes will depend upon BKT and BBN’s investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. BKT and BBN will send its stockholders a Form 1099-DIV for the calendar year that will illustrate how to report these distributions for federal income tax purposes. Fund Performance and Distribution Rate Information: Fund Average annual total return (in relation to NAV) for the 5-year period ending on 5/31/2022 Annualized current distribution rate expressed as a percentage of NAV as of 5/31/2022 Cumulative total return (in relation to NAV) for the fiscal year through 5/31/2022 Cumulative fiscal year distributions as a percentage of NAV as 5/31/2022 BKT 0.46% 7.08% (9.34)% 2.76% BBN 2.83% 7.55% (20.91)% 2.52% No conclusions should be drawn about BKT or BBN’s investment performance from the amount of the Fund’s distributions or from the terms of the Fund’s Plan. The amount distributed per share under a Plan is subject to change at the discretion of the applicable Fund’s Board. Each Plan will be subject to ongoing review by the Board to determine whether the Plan should be continued, modified or terminated. The Board may amend the terms of a Plan or suspend or terminate a Plan at any time without prior notice to the Fund’s shareholders if it deems such actions to be in the best interest of the Fund or its shareholders. The amendment or termination of a Plan could have an adverse effect on the market price of the Fund's shares. About BlackRock BlackRock’s purpose is to help more and more people experience financial well-being. As a fiduciary to investors and a leading provider of financial technology, we help millions of people build savings that serve them throughout their lives by making investing easier and more affordable. For additional information on BlackRock, please visit www.blackrock.com/corporate | Twitter: @blackrock | LinkedIn: www.linkedin.com/company/blackrock Availability of Fund Updates BlackRock will update performance and certain other data for the Funds on a monthly basis on its website in the “Closed-end Funds” section of www.blackrock.com as well as certain other material information as necessary from time to time. Investors and others are advised to check the website for updated performance information and the release of other material information about the Funds. This reference to BlackRock’s website is intended to allow investors public access to information regarding the Funds and does not, and is not intended to, incorporate BlackRock’s website in this release. Forward-Looking Statements This press release, and other statements that BlackRock or a Fund may make, may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act, with respect to a Fund’s or BlackRock’s future financial or business performance, strategies or expectations. Forward-looking statements are typically identified by words or phrases such as “trend,” “potential,” “opportunity,” “pipeline,” “believe,” “comfortable,” “expect,” “anticipate,” “current,” “intention,” “estimate,” “position,” “assume,” “outlook,” “continue,” “remain,” “maintain,” “sustain,” “seek,” “achieve,” and similar expressions, or future or conditional verbs such as “will,” “would,” “should,” “could,” “may” or similar expressions. BlackRock cautions that forward-looking statements are subject to numerous assumptions, risks and uncertainties, which change over time. Forward-looking statements speak only as of the date they are made, and BlackRock assumes no duty to and does not undertake to update forward-looking statements. Actual results could differ materially from those anticipated in forward-looking statements and future results could differ materially from historical performance. With respect to the Funds, the following factors, among others, could cause actual events to differ materially from forward-looking statements or historical performance: (1) changes and volatility in political, economic or industry conditions, the interest rate environment, foreign exchange rates or financial and capital markets, which could result in changes in demand for the Funds or in a Fund’s net asset value; (2) the relative and absolute investment performance of a Fund and its investments; (3) the impact of increased competition; (4) the unfavorable resolution of any legal proceedings; (5) the extent and timing of any distributions or share repurchases; (6) the impact, extent and timing of technological changes; (7) the impact of legislative and regulatory actions and reforms, including the Dodd-Frank Wall Street Reform and Consumer Protection Act, and regulatory, supervisory or enforcement actions of government agencies relating to a Fund or BlackRock, as applicable; (8) terrorist activities, international hostilities and natural disasters, which may adversely affect the general economy, domestic and local financial and capital markets, specific industries or BlackRock; (9) BlackRock’s ability to attract and retain highly talented professionals; (10) the impact of BlackRock electing to provide support to its products from time to time; and (11) the impact of problems at other financial institutions or the failure or negative performance of products at other financial institutions. Annual and Semi-Annual Reports and other regulatory filings of the Funds with the Securities and Exchange Commission (“SEC”) are accessible on the SEC's website at www.sec.gov and on BlackRock’s website at www.blackrock.com, and may discuss these or other factors that affect the Funds. The information contained on BlackRock’s website is not a part of this press release. |
businesswire.com |
2022-07-01 20:30:00 |
Czytaj oryginał (ang.) |
| BlackRock Announces Fiscal Year End Changes for Certain Municipal Closed-End Funds |
NEW YORK--(BUSINESS WIRE)--BlackRock Advisors, LLC (“BlackRock”) announced today a change to the fiscal year end (“FYE”) for each Fund listed below. These changes were made to reduce operating costs for the Funds and will be effective as of July 31, 2022. Ticker (NYSE) Fund Current FYE New FYE BKN BlackRock Investment Quality Municipal Trust, Inc. 4/30 7/31 BTA BlackRock Long-Term Municipal Advantage Trust 4/30 7/31 MUA BlackRock MuniAssets Fund, Inc. 4/30 7/31 MUI BlackRock Municipal Income Fund, Inc. 4/30 7/31 BFK BlackRock Municipal Income Trust 4/30 7/31 MHD BlackRock MuniHoldings Fund, Inc. 4/30 7/31 MVT BlackRock MuniVest Fund II, Inc. 4/30 7/31 MYD BlackRock MuniYield Fund, Inc. 4/30 7/31 MQT BlackRock MuniYield Quality Fund II, Inc. 4/30 7/31 MQY BlackRock MuniYield Quality Fund, Inc. 4/30 7/31 BYM BlackRock Municipal Income Quality Trust 8/31 7/31 BLE BlackRock Municipal Income Trust II 8/31 7/31 MHN BlackRock MuniHoldings New York Quality Fund, Inc. 8/31 7/31 MVF BlackRock MuniVest Fund, Inc. 8/31 7/31 BHV BlackRock Virginia Municipal Bond Trust 8/31 7/31 For more information on BlackRock’s closed-end funds, please visit www.blackrock.com/CEF About BlackRock BlackRock’s purpose is to help more and more people experience financial well-being. As a fiduciary to investors and a leading provider of financial technology, we help millions of people build savings that serve them throughout their lives by making investing easier and more affordable. For additional information on BlackRock, please visit www.blackrock.com/corporate | Twitter: @blackrock | LinkedIn: www.linkedin.com/company/blackrock Availability of Fund Updates BlackRock will update performance and certain other data for the Funds on a monthly basis on its website in the “Closed-end Funds” section of www.blackrock.com as well as certain other material information as necessary from time to time. Investors and others are advised to check the website for updated performance information and the release of other material information about the Funds. This reference to BlackRock’s website is intended to allow investors public access to information regarding the Funds and does not, and is not intended to, incorporate BlackRock’s website in this release. Forward-Looking Statements This press release, and other statements that BlackRock or a Fund may make, may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act, with respect to a Fund’s or BlackRock’s future financial or business performance, strategies or expectations. Forward-looking statements are typically identified by words or phrases such as “trend,” “potential,” “opportunity,” “pipeline,” “believe,” “comfortable,” “expect,” “anticipate,” “current,” “intention,” “estimate,” “position,” “assume,” “outlook,” “continue,” “remain,” “maintain,” “sustain,” “seek,” “achieve,” and similar expressions, or future or conditional verbs such as “will,” “would,” “should,” “could,” “may” or similar expressions. BlackRock cautions that forward-looking statements are subject to numerous assumptions, risks and uncertainties, which change over time. Forward-looking statements speak only as of the date they are made, and BlackRock assumes no duty to and does not undertake to update forward-looking statements. Actual results could differ materially from those anticipated in forward-looking statements and future results could differ materially from historical performance. With respect to the Funds, the following factors, among others, could cause actual events to differ materially from forward-looking statements or historical performance: (1) changes and volatility in political, economic or industry conditions, the interest rate environment, foreign exchange rates or financial and capital markets, which could result in changes in demand for the Funds or in a Fund’s net asset value; (2) the relative and absolute investment performance of a Fund and its investments; (3) the impact of increased competition; (4) the unfavorable resolution of any legal proceedings; (5) the extent and timing of any distributions or share repurchases; (6) the impact, extent and timing of technological changes; (7) the impact of legislative and regulatory actions and reforms, including the Dodd-Frank Wall Street Reform and Consumer Protection Act, and regulatory, supervisory or enforcement actions of government agencies relating to a Fund or BlackRock, as applicable; (8) terrorist activities, international hostilities and natural disasters, which may adversely affect the general economy, domestic and local financial and capital markets, specific industries or BlackRock; (9) BlackRock’s ability to attract and retain highly talented professionals; (10) the impact of BlackRock electing to provide support to its products from time to time; and (11) the impact of problems at other financial institutions or the failure or negative performance of products at other financial institutions. Annual and Semi-Annual Reports and other regulatory filings of the Funds with the Securities and Exchange Commission (“SEC”) are accessible on the SEC's website at www.sec.gov and on BlackRock’s website at www.blackrock.com, and may discuss these or other factors that affect the Funds. The information contained on BlackRock’s website is not a part of this press release. |
businesswire.com |
2022-06-03 20:30:00 |
Czytaj oryginał (ang.) |