Certain BlackRock closed-end funds (the “Funds”) today announced
January monthly distributions and special distributions as detailed
below.
Regular January Distributions
Taxable Municipal Fund:
Declaration-
12/21/2010 Ex-Date-
12/29/2010 Record-
12/31/2010 Payable- 1/10/2011
Fund
Ticker Dividend Change From Prior
Dividend
BlackRock Build America Bond Trust* BBN $0.118300 -
Taxable Funds:
Declaration-
12/21/2010 Ex-Date-
12/29/2010 Record-
12/31/2010 Payable- 1/10/2011
Fund Ticker Dividend
Change From Prior
Dividend
BlackRock Senior High Income Fund, Inc. ARK $0.025000 - BlackRock
Floating Rate Income Trust BGT $0.075000 - BlackRock Strategic Bond
Trust BHD $0.079500 - BlackRock Core Bond Trust BHK $0.067000 -
BlackRock Defined Opportunity Credit Trust BHL $0.066000 - The
BlackRock High Yield Trust BHY $0.043500 - The BlackRock Income
Trust, Inc. BKT $0.026500 - BlackRock Limited Duration Income Trust
BLW $0.095000 - BlackRock Income Opportunity Trust, Inc. BNA
$0.051000 - BlackRock Credit Allocation Income Trust III BPP
$0.054000 - BlackRock Credit Allocation Income Trust IV BTZ
$0.069000 - BlackRock Corporate High Yield Fund, Inc. COY $0.051000
- BlackRock Corporate High Yield Fund III, Inc. CYE $0.050000 -
BlackRock Debt Strategies Fund, Inc. DSU $0.027000 - BlackRock
Diversified Income Strategies Fund, Inc. DVF $0.063500 - BlackRock
Enhanced Government Fund, Inc.* EGF $0.080000 - BlackRock Floating
Rate Income Strategies Fund, Inc. FRA $0.077000 - BlackRock
Floating Rate Income Strategies Fund II, Inc. FRB $0.075000 -
BlackRock High Income Shares HIS $0.014200 - BlackRock Corporate
High Yield Fund VI, Inc. HYT $0.082500 - BlackRock Corporate High
Yield Fund V, Inc. HYV $0.082500 - BlackRock Credit Allocation
Income Trust I, Inc. PSW $0.049500 - BlackRock Credit Allocation
Income Trust II, Inc. PSY $0.053500 -
Special Distributions
Declaration-
12/21/2010 Ex-Date-
12/29/2010 Record-
12/31/2010 Payable- 1/10/2011
Fund Ticker Special Distribution
BlackRock Senior High Income Fund, Inc. ARK $0.026499 BlackRock
Floating Rate Income Trust BGT $0.169609 BlackRock Strategic Bond
Trust BHD $0.127508 BlackRock Core Bond Trust BHK $0.074011
BlackRock Limited Duration Income Trust BLW $0.086701 BlackRock
Income Opportunity Trust, Inc. BNA $0.034827 BlackRock Corporate
High Yield Fund III, Inc. CYE $0.013384 BlackRock High Income
Shares HIS $0.038447 BlackRock Corporate High Yield Fund VI, Inc.
HYT $0.008500 BlackRock Corporate High Yield Fund V, Inc. HYV
$0.057673
* In order to comply with the requirements of Section 19 of the
Investment Company Act of 1940, as amended, each of the Funds noted
above posted to the DTC bulletin board and sent to their
shareholders as of the applicable record date a Section 19 notice
with the previous dividend payment. The Section 19 notice
was provided not for tax reporting purposes but for informational
purposes only. This information can be found in the “Closed-End
Funds” section of www.blackrock.com. If applicable, the
final determination of the source and tax characteristics of all
distributions in 2010 will be made after the end of the year.
BlackRock Enhanced Government Fund, Inc. (NYSE:EGF) (“EGF”) has
adopted a level distribution plan (the “Plan”) and employs either a
managed distribution or an option over-write policy 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 EGF’s Board. Under its Plan, EGF
will distribute all available investment income to its
shareholders, consistent with its primary 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
quarterly/monthly basis, EGF will distribute long-term capital
gains and or return capital to their shareholders in order to
maintain a level distribution.
EGF’s estimated sources of the distributions paid as of December
20, 2010 are as follows:
Estimated Allocations as of December 20, 2010 Fund
Distribution Net Investment
Income Net Realized Short-Term Gains
Net Realized Long-Term Gains
Return of Capital EGF1 $0.080000
$0.074216 (93%) $0.00 (0%)
$0.00 (0%) $0.005784 (7%)
Estimated Allocations for the fiscal
year through December 20, 2010
Fund Distribution Net
Investment Income Net Realized Short-Term
Gains Net Realized Long-Term Gains
Return of Capital EGF1 $0.905000
$0.652734 (72%) $0.00
(0%) $0.00 (0%) $0.252266
(28%)
1 The Fund estimates that it has distributed more than its
income and 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 a Fund’s
investment performance and should not be confused with ‘yield’ or
‘income’.
The amounts and sources of distributions reported are only
estimates and are not provided for tax reporting purposes. The
actual amounts and sources of the amounts for tax reporting
purposes will depend upon EGF’s investment experience during the
remainder of its fiscal year and may be subject to changes based on
tax regulations. EGF 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 totalreturn (in relation
toNAV) for the 5-yearperiod ending onNovember 30, 2010
Annualized currentdistribution
rateexpressed as apercentage of NAV asof November 30, 2010
Cumulative total return(in relation to
NAV) forthe fiscal year throughNovember 30, 2010
Cumulative fiscalyear distributions asa
percentage ofNAV as ofNovember 30, 2010
EGF 4.91% 5.75% 5.78%
4.94%
Shareholders should not draw any conclusions about EGF’s
investment performance from the amount of EGF’s current
distributions or from the terms of EGF’s Plan.
About BlackRock
BlackRock is a leader in investment management, risk management
and advisory services for institutional and retail clients
worldwide. At September 30, 2010, BlackRock’s AUM was $3.446
trillion. BlackRock offers products that span the risk spectrum to
meet clients’ needs, including active, enhanced and index
strategies across markets and asset classes. Products are offered
in a variety of structures including separate accounts, mutual
funds, iShares® (exchange traded funds), and other pooled
investment vehicles. BlackRock also offers risk management,
advisory and enterprise investment system services to a broad base
of institutional investors through BlackRock Solutions®.
Headquartered in New York City, as of September 30, 2010, the firm
has approximately 8,900 employees in 24 countries and a major
presence in key global markets, including North and South America,
Europe, Asia, Australia and the Middle East and Africa. For
additional information, please visit the firm’s website at
www.blackrock.com.
Forward-Looking Statements
This press release, and other statements that BlackRock may
make, may contain forward-looking statements within the meaning of
the Private Securities Litigation Reform Act, with respect to
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 each Fund, the following factors, among others,
could cause actual events to differ materially from forward-looking
statements or historical performance: (1) changes in political,
economic or industry conditions, the interest rate environment or
financial and capital markets, which could result in changes in the
Fund’s net asset value; (2) the performance of the Fund’s
investments; (3) the impact of increased competition; (4) the
extent and timing of any distributions or share repurchases; (5)
the impact of legislative and regulatory actions and reforms and
regulatory, supervisory or enforcement actions of government
agencies relating to the Fund or BlackRock, as applicable; and (6)
BlackRock’s ability to attract and retain highly talented
professionals.
The Annual and Semi-Annual Reports and other regulatory filings
of each Fund 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 each Fund. The information
contained on our website is not a part of this press release.
BlackRock Debt Strategies (NYSE:DSU)
Historical Stock Chart
From Sep 2024 to Oct 2024
BlackRock Debt Strategies (NYSE:DSU)
Historical Stock Chart
From Oct 2023 to Oct 2024