Distribution Dates and Amounts Announced for Certain BlackRock Closed-End Funds
NEW YORK--(BUSINESS WIRE)--July 01, 2024--
CONTACT:
Certain BlackRock closed-end funds (the "Funds") announced distributions today as detailed below.
Municipal Funds:
Declaration- 7/1/2024 Ex-Date- 7/15/2024 Record- 7/15/2024 Payable- 8/1/2024
Change From Prior
National Funds Ticker Distribution 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. MUI $0.055000 -
BlackRock Municipal
Income Trust BFK $0.050000 -
BlackRock Investment
Quality Municipal
Trust, Inc.* BKN $0.057000 -
BlackRock Municipal
Income Trust II BLE $0.052000 -
BlackRock Municipal 2030
Target Term Trust BTT $0.046400 -
BlackRock MuniHoldings
Fund MHD $0.052500 -
BlackRock MuniYield
Quality Fund II, Inc.* MQT $0.049000 -
BlackRock MuniYield
Quality Fund, Inc.* MQY $0.058000 -
BlackRock MuniHoldings
Quality Fund II, Inc. MUE $0.045000 -
BlackRock MuniVest Fund
II, Inc. MVT $0.050500 -
BlackRock MuniYield
Fund, Inc. MYD $0.052500 -
BlackRock MuniYield
Quality Fund III,
Inc.* MYI $0.055500 -
BlackRock MuniVest Fund,
Inc. MVF $0.030000 -
BlackRock 2037 Municipal
Target Term Trust BMN $0.093750 -
Change From Prior
State-Specific Funds Ticker Distribution Distribution
----------------------- ------- ------------ ----------------------
BlackRock MuniHoldings
California Quality
Fund, Inc. MUC $0.048500 -
BlackRock California
Municipal Income Trust BFZ $0.059000 -
BlackRock MuniYield
Michigan Quality Fund,
Inc.* MIY $0.046500 -
BlackRock MuniHoldings
New Jersey Quality
Fund, Inc.* MUJ $0.050000 -
BlackRock MuniHoldings
New York Quality Fund,
Inc.* MHN $0.043500 -
BlackRock MuniYield New
York Quality Fund,
Inc.* MYN $0.044200 -
BlackRock New York
Municipal Income
Trust* BNY $0.043000 -
BlackRock MuniYield
Pennsylvania Quality
Fund* MPA $0.066000 -
BlackRock Virginia
Municipal Bond Trust BHV $0.039500 -
Taxable Municipal Fund:
Declaration- 7/1/2024 Ex-Date- 7/15/2024 Record- 7/15/2024 Payable- 7/31/2024
Change From Prior
Fund Ticker Distribution Distribution
----------------------- ------- ------------ ----------------------
BlackRock Taxable
Municipal Bond Trust* BBN $0.092900 -
Taxable Fixed Income Funds:
Declaration- 7/1/2024 Ex-Date- 7/15/2024 Record- 7/15/2024 Payable- 7/31/2024
Change From Prior
Fund Ticker Distribution Distribution
----------------------- ------- ------------ ----------------------
BlackRock Floating Rate
Income Trust* BGT $0.120280 -
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 $0.113200 +0.005300
BlackRock Credit
Allocation Income
Trust* BTZ $0.083900 -
BlackRock Debt
Strategies Fund, Inc.* DSU $0.098730 -
BlackRock Enhanced
Government Fund, Inc.* EGF $0.041000 -
BlackRock Floating Rate
Income Strategies Fund,
Inc.* FRA $0.123840 -
BlackRock Corporate High
Yield Fund, Inc.* HYT $0.077900 -
Equity Funds:
Declaration- 7/1/2024 Ex-Date- 7/15/2024 Record- 7/15/2024 Payable- 7/31/2024
Change From Prior
Fund Ticker Distribution 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 $0.177410 (0.001460)
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 $0.213100 +0.001850
BlackRock Innovation and
Growth Term Trust* BIGZ $0.088460 (0.000410)
Multi-Asset Funds:
Declaration- 7/1/2024 Ex-Date- 7/15/2024 Record- 7/15/2024 Payable- 7/31/2024
Change From Prior
Fund Ticker Distribution Distribution
----------------------- ------- ------------ ----------------------
BlackRock Capital
Allocation Term Trust* BCAT $0.286500 +0.001110
BlackRock ESG Capital
Allocation Term Trust* ECAT $0.299020 +0.002090
* 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 2024 will be made after the end of the year.
BlackRock Resources & Commodities Strategy Trust $(BCX)$, BlackRock Enhanced Equity Dividend Trust $(BDJ)$, BlackRock Energy and Resources Trust $(BGR)$, BlackRock Enhanced International Dividend Trust $(BGY)$, BlackRock Health Sciences Trust $(BME)$, BlackRock Enhanced Global Dividend Trust $(BOE)$, BlackRock Utilities, Infrastructure & Power Opportunities Trust $(BUI)$, BlackRock Enhanced Capital and Income Fund, Inc. $(CII)$, BlackRock Science and Technology Trust (NYSE: BST), BlackRock Capital Allocation Term Trust $(BCAT)$, BlackRock ESG Capital Allocation Term Trust $(ECAT)$, BlackRock Science and Technology Term Trust $(BSTZ)$, BlackRock Health Sciences Term Trust $(BMEZ)$ and BlackRock Innovation and Growth Term Trust $(BIGZ)$ have adopted a managed distribution plan (a "Plan") to support a level monthly distribution of income, capital gains and/or return of capital, or in the case of BMEZ, BSTZ, BIGZ, ECAT and BCAT a monthly distribution based on an annual rate of 12% (for BMEZ, BSTZ and BIGZ) and 20% (for ECAT and BCAT) of the Fund's 12-month rolling average daily net asset value calculated 5 business days prior to declaration date of each distribution. The July 2024 distribution for each of BMEZ, BSTZ, BIGZ, ECAT and BCAT was calculated based on the average net asset value from June 22, 2023 to June 21, 2024. Below are the 12-month rolling average daily net asset values used to calculate BMEZ, BSTZ, BIGZ, ECAT and BCAT's July distributions:
BMEZ: $17.740395
BSTZ: $21.309209
BIGZ: $8.845889
ECAT: $17.940870
BCAT: $17.189447
The fixed amounts distributed per share or distribution rate, as applicable, are subject to change at the discretion of each Fund's Board of Directors/Trustees. Under its Plan, each 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 income (inclusive of net investment income and short-term capital gains) is not available on a monthly basis, a Fund will distribute long-term capital gains and/or return capital to its shareholders in order to maintain a level distribution.
(MORE TO FOLLOW) Dow Jones Newswires
July 01, 2024 16:30 ET (20:30 GMT)
Comments