Certain BlackRock closed-end funds (the “Funds”) announced
distributions today as detailed below.
Municipal
Funds:
Declaration- 2/1/2016
Ex-Date- 2/11/2016 Record- 2/16/2016 Payable- 3/1/2016
National
Funds
Ticker
Distribution
Change From
PriorDistribution
BlackRock Municipal Income Quality Trust BYM $0.071500 - BlackRock
Municipal Income Investment Quality Trust BAF $0.068500 - BlackRock
Long-Term Municipal Advantage Trust BTA $0.058000 - BlackRock Muni
Intermediate Duration Fund, Inc. MUI $0.065500 - BlackRock
MuniAssets Fund, Inc. MUA $0.060000 - BlackRock Municipal Income
Investment Trust BBF $0.072375 - BlackRock Municipal Bond Trust BBK
$0.075000 - BlackRock Municipal Income Trust BFK $0.075100 -
BlackRock Municipal Bond Investment Trust BIE $0.076000 - BlackRock
Municipal Income Trust II BLE $0.079000 - BlackRock Investment
Quality Municipal Trust, Inc. BKN $0.074000 - BlackRock Municipal
Target Term Trust BTT $0.080000 - The BlackRock Strategic Municipal
Trust BSD $0.071000 - BlackRock MuniEnhanced Fund, Inc. MEN
$0.060500 - BlackRock MuniHoldings Investment Quality Fund MFL
$0.071500 - BlackRock MuniYield Investment Quality Fund MFT
$0.071000 - BlackRock MuniHoldings Fund, Inc. MHD $0.086000 -
BlackRock MuniYield Quality Fund II, Inc. MQT $0.067000 - BlackRock
MuniYield Quality Fund, Inc. MQY $0.080000 - BlackRock MuniHoldings
Quality Fund II, Inc. MUE $0.068000 - BlackRock MuniHoldings Fund
II, Inc. MUH $0.077500 - BlackRock MuniHoldings Quality Fund, Inc.
MUS $0.067500 - BlackRock MuniVest Fund II, Inc. MVT $0.083000 -
BlackRock MuniYield Fund, Inc. MYD $0.077000 - BlackRock MuniYield
Investment Fund MYF $0.081500 - BlackRock MuniYield Quality Fund
III, Inc. MYI $0.074000 - BlackRock MuniVest Fund, Inc. MVF
$0.053500 - BlackRock Municipal 2018 Term Trust BPK $0.047000 -
State-Specific
Funds
Ticker
Distribution
Change From
PriorDistribution
BlackRock California Municipal Income Trust BFZ $0.072200 -
BlackRock MuniHoldings California Quality Fund, Inc. MUC $0.067500
- BlackRock MuniYield California Fund, Inc. MYC $0.074000 -
BlackRock MuniYield California Quality Fund, Inc. MCA $0.073000 -
BlackRock California Municipal 2018 Term Trust BJZ $0.027700 -
BlackRock Florida Municipal 2020 Term Trust BFO $0.031000 -
BlackRock Maryland Municipal Bond Trust BZM $0.054500 - BlackRock
MuniYield Michigan Quality Fund, Inc. MIY $0.069000 - BlackRock
Muni New York Intermediate Duration Fund, Inc. MNE $0.057500 -
BlackRock MuniHoldings New York Quality Fund, Inc. MHN $0.067000 -
BlackRock MuniYield New York Quality Fund, Inc. MYN $0.062000 -
BlackRock New York Municipal Income Quality Trust BSE $0.057500 -
BlackRock New York Municipal Bond Trust BQH $0.062000 - BlackRock
New York Municipal Income Trust BNY $0.069000 - BlackRock New York
Municipal Income Trust II BFY $0.070000 - BlackRock New York
Municipal 2018 Term Trust BLH $0.025600 - BlackRock MuniYield New
Jersey Fund, Inc. MYJ $0.075000 - BlackRock MuniHoldings New Jersey
Quality Fund, Inc. MUJ $0.074000 - BlackRock New Jersey Municipal
Income Trust BNJ $0.075100 - BlackRock MuniYield Pennsylvania
Quality Fund MPA $0.071500 - BlackRock New Jersey Municipal Bond
Trust BLJ $0.069500 - BlackRock MuniYield Arizona Fund, Inc. MZA
$0.069500 - BlackRock Virginia Municipal Bond Trust BHV $0.069500 -
BlackRock Massachusetts Tax-Exempt Trust MHE $0.058000 -
Taxable Municipal
Fund:
Declaration- 2/1/2016 Ex-Date- 2/11/2016
Record- 2/16/2016 Payable- 2/29/2016
Fund
Ticker
Distribution
Change From
Prior Distribution
BlackRock Taxable Municipal Bond Trust BBN $0.131800 -
Taxable
Funds:
Declaration- 2/1/2016 Ex-Date- 2/11/2016
Record- 2/16/2016 Payable- 2/29/2016
Fund
Ticker
Distribution
Change From
Prior Distribution
BlackRock Floating Rate Income Trust BGT $0.058300 - BlackRock Core
Bond Trust* BHK $0.071000 - BlackRock Defined Opportunity Credit
Trust BHL $0.051000 - BlackRock Multi-Sector Income Trust BIT
$0.116700 - BlackRock Income Trust, Inc. BKT $0.031000 - BlackRock
Limited Duration Income Trust BLW $0.087000 - BlackRock Credit
Allocation Income Trust* BTZ $0.080500 - BlackRock Debt Strategies
Fund, Inc. DSU $0.020000 - BlackRock Enhanced Government Fund,
Inc.* EGF $0.049000 - BlackRock Floating Rate Income Strategies
Fund, Inc. FRA $0.061000 - BlackRock Corporate High Yield Fund,
Inc. HYT $0.070000 -
Equity
Funds:
Declaration- 2/1/2016 Ex-Date- 2/11/2016
Record- 2/16/2016 Payable- 2/29/2016
Fund
Ticker
Distribution
Change From
Prior Distribution
BlackRock Resources & Commodities Strategy Trust* BCX $0.065500
- BlackRock Enhanced Equity Dividend Trust* BDJ $0.046700 -
BlackRock Energy and Resources Trust* BGR $0.110000 - BlackRock
International Growth and Income Trust* BGY $0.049000 - BlackRock
Health Sciences Trust* BME $0.200000 - BlackRock Enhanced Capital
and Income Fund, Inc.* CII $0.100000 - BlackRock Global
Opportunities Equity Trust* BOE $0.097000 - BlackRock Utility and
Infrastructure Trust* BUI $0.121000 - BlackRock Science and
Technology Trust* BST $0.100000 -
* 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 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 2015 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 International
Growth and Income Trust (NYSE:BGY), BlackRock Health Sciences Trust
(NYSE:BME), BlackRock Global Opportunities Equity Trust (NYSE:BOE),
BlackRock Utility and Infrastructure Trust (NYSE:BUI), BlackRock
Enhanced Capital and Income Fund, Inc. (NYSE:CII), BlackRock
Science and Technology Trust (NYSE:BST), and BlackRock Enhanced
Government Fund, Inc. (NYSE:EGF) (collectively, the “Plan Funds”)
have adopted a level distribution plan (a “Plan”) and employ a
managed distribution and/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 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. 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 Plan Funds’ estimated sources of the distributions paid as
of January 8, 2016 or January 29, 2016, as applicable, and for
their current fiscal year are as follows:
Estimated Allocations as of January 8, 2016
PlanFund
Distribution
Net InvestmentIncome
Net RealizedShort-Term Gains
Net RealizedLong-Term Gains
Return of Capital EGF1 $0.049000 $0.022519
(46%) $0 (0%) $0 (0%) $0.026481 (54%)
Estimated Allocations as of January 29,
2016
Fund Distribution
Net InvestmentIncome
Net RealizedShort-Term Gains
Net RealizedLong-Term Gains
Return of Capital BCX1 $0.065500 $0.003228
(5%) $0 (0%) $0 (0%) $0.062272 (95%) BDJ1
$0.046700 $0.012017 (26%) $0 (0%) $0
(0%) $0.034683 (74%) BGR1 $0.110000 $0 (0%)
$0 (0%) $0 (0%) $0.110000 (100%) BGY1
$0.049000 $0 (0%) $0 (0%) $0 (0%)
$0.049000 (100%) BME1 $0.200000 $0 (0%)
$0.087491 (44%) $0.112509 (56%) $0 (0%) BOE1
$0.097000 $0 (0%) $0 (0%) $0 (0%)
$0.097000 (100%) BUI1 $0.121000 $0.018344 (15%)
$0 (0%) $0 (0%) $0.102656 (85%) CII
$0.100000 $0.010800 (11%) $0 (0%) $0.089200
(89%) $0 (0%) BST1 $0.100000 $0 (0%) $0
(0%) $0 (0%) $0.100000 (100%)
Estimated Allocations as of January 8,
2016
PlanFund
Distribution
Net InvestmentIncome
Net RealizedShort-Term Gains
Net RealizedLong-Term Gains
Return of Capital EGF1 $0.618000 $0.413648
(67%) $0 (0%) $0 (0%) $0.204352 (33%)
Estimated Allocations as of January 29,
2016
Fund Distribution
Net InvestmentIncome
Net RealizedShort-Term Gains
Net RealizedLong-Term Gains
Return of Capital BCX1 $0.065500 $0.003228
(5%) $0 (0%) $0 (0%) $0.062272 (95%) BDJ1
$0.046700 $0.012017 (26%) $0 (0%) $0
(0%) $0.034683 (74%) BGR1 $0.110000 $0 (0%)
$0 (0%) $0 (0%) $0.110000 (100%) BGY1
$0.049000 $0 (0%) $0 (0%) $0 (0%)
$0.049000 (100%) BME $0.200000 $0 (0%)
$0.087491 (44%) $0.112509 (56%) $0 (0%) BOE1
$0.097000 $0 (0%) $0 (0%) $0 (0%)
$0.097000 (100%) BUI1 $0.121000 $0.018344 (15%)
$0 (0%) $0 (0%) $0.102656 (85%) CII
$0.100000 $0.010800 (11%) $0 (0%) $0.089200
(89%) $0 (0%) BST1 $0.100000 $0 (0%) $0
(0%) $0 (0%) $0.100000 (100%)
1The Plan 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 Plan Fund's investment performance and should not be
confused with ‘yield’ or ‘income’. When distributions exceed total
return performance, the difference will reduce the Plan Fund’s net
asset value per share.
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 each Plan Fund’s investment
experience during the remainder of its fiscal year and may be
subject to changes based on tax regulations. Each Plan 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 totalreturn (in relation
toNAV) for the 5-yearperiod ending on12/31/2015
Annualized currentdistribution
rateexpressed as apercentage of NAV asof 12/31/2015
Cumulative total return(in relation to
NAV) forthe fiscal year through12/31/2015
Cumulative fiscalyear distributionsas a
percentageof NAV as of12/31/2015
BCX* (7.99)% 9.41% (21.31)% 0.78% BDJ
8.98% 6.44% 1.10% 0.54% BGR
(4.45)% 9.40% (27.47)% 0.78% BGY 2.10%
8.47% (0.61)% 0.71% BME 18.38%
6.64% 10.70% 0.55% BOE 4.88% 8.17%
2.28% 0.68% BUI* 8.34% 7.45%
(6.09)% 0.62% CII 10.37% 7.94% 4.66%
0.66% BST* 9.43% 6.09% 8.61%
0.51% EGF 2.17% 4.11% (0.47)% 3.98%
*Portfolio launched within the past 5 years; the performance and
distribution rate information presented for this Fund reflects data
from inception to 12/31/2015.
Shareholders should not draw any conclusions about a Plan
Fund’s investment performance from the amount of the Plan Fund’s
current distributions or from the terms of a Plan Fund’s
Plan.
About BlackRock
BlackRock is a global leader in investment management, risk
management and advisory services for institutional and retail
clients. At December 31, 2015, BlackRock’s AUM was $4.645 trillion.
BlackRock helps clients around the world meet their goals and
overcome challenges with a range of products that include 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®. As of
December 31, 2015, the firm had approximately 13,000 employees in
more than 30 countries and a major presence in global markets,
including North and South America, Europe, Asia, Australia and the
Middle East and Africa. For additional information, please visit
the Company’s website at www.blackrock.com | Twitter:
@blackrock_news | 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 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.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20160201006369/en/
For BlackRock Closed-End
Funds1-800-882-0052
BlackRock Corporate High... (NYSE:HYT)
Historical Stock Chart
From Jul 2024 to Aug 2024
BlackRock Corporate High... (NYSE:HYT)
Historical Stock Chart
From Aug 2023 to Aug 2024