Distribution Dates and Amounts Announced for Certain BlackRock Closed-End Funds
NEW YORK--(BUSINESS WIRE)--January 02, 2025--
Certain BlackRock closed-end funds (the "Funds") announced distributions today as detailed below.
Municipal Funds:
Declaration- 1/2/2025 Ex-Date- 1/15/2025 Record- 1/15/2025 Payable- 2/3/2025
Change From Prior
National Funds Ticker Distribution Distribution
--------------------------- ------- ------------ --------------------------
BlackRock Municipal Income
Quality Trust* BYM $0.055500 -
BlackRock Long-Term
Municipal Advantage
Trust* BTA $0.049500 -
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 $0.054000 -
BlackRock Municipal 2030
Target Term Trust BTT $0.046400 -
BlackRock MuniHoldings
Fund* MHD $0.059500 -
BlackRock MuniYield Quality
Fund II, Inc.* MQT $0.051000 -
BlackRock MuniYield Quality
Fund, Inc.* MQY $0.058000 -
BlackRock MuniHoldings
Quality Fund II, Inc.* MUE $0.051000 -
BlackRock MuniVest Fund II,
Inc.* MVT $0.054000 -
BlackRock MuniYield Fund,
Inc.* MYD $0.054500 -
BlackRock MuniYield Quality
Fund III, Inc.* MYI $0.055500 -
BlackRock MuniVest Fund,
Inc.* MVF $0.036000 -
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 $0.053500 -
BlackRock California
Municipal Income Trust* BFZ $0.059000 -
BlackRock MuniYield
Michigan Quality Fund,
Inc.* MIY $0.054500 -
BlackRock MuniHoldings New
Jersey Quality Fund,
Inc.* MUJ $0.054000 -
BlackRock MuniHoldings New
York Quality Fund, Inc.* MHN $0.051500 -
BlackRock MuniYield New
York Quality Fund, Inc.* MYN $0.051200 -
BlackRock New York
Municipal Income Trust* BNY $0.051000 -
BlackRock MuniYield
Pennsylvania Quality
Fund* MPA $0.066000 -
BlackRock Virginia
Municipal Bond Trust* BHV $0.051500 -
Taxable Municipal Fund:
Declaration- 1/2/2025 Ex-Date- 1/15/2025 Record- 1/15/2025 Payable- 1/31/2025
Change From Prior
Fund Ticker Distribution Distribution
--------------------------- ------- ------------ --------------------------
BlackRock Taxable Municipal
Bond Trust* BBN $0.092900 -
Taxable Fixed Income Funds:
Declaration- 1/2/2025 Ex-Date- 1/15/2025 Record- 1/15/2025 Payable- 1/31/2025
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 -
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- 1/2/2025 Ex-Date- 1/15/2025 Record- 1/15/2025 Payable- 1/31/2025
Change From Prior
Fund Ticker Distribution Distribution
--------------------------- ------- ------------ --------------------------
BlackRock Resources &
Commodities Strategy
Trust* BCX $0.069700 -
BlackRock Enhanced Equity
Dividend Trust* BDJ $0.061900 -
BlackRock Energy and
Resources Trust* BGR $0.097300 -
BlackRock Enhanced
International Dividend
Trust* BGY $0.042600 -
BlackRock Health Sciences
Trust* BME $0.262100 -
BlackRock Health Sciences
Term Trust* BMEZ $0.178190 0.000100
BlackRock Enhanced Global
Dividend Trust* BOE $0.082700 -
BlackRock Utilities,
Infrastructure & Power
Opportunities Trust* BUI $0.136000 -
BlackRock Enhanced Large
Cap Core Fund, Inc.* CII $0.141000 -
BlackRock Science and
Technology Trust* BST $0.250000 -
BlackRock Science and
Technology Term Trust* BSTZ $0.219880 0.001880
BlackRock Innovation and
Growth Term Trust* BIGZ $0.086810 0.000050
Multi-Asset Funds:
Declaration- 1/2/2025 Ex-Date- 1/15/2025 Record- 1/15/2025 Payable- 1/31/2025
Change From Prior
Fund Ticker Distribution Distribution
--------------------------- ------- ------------ --------------------------
BlackRock Capital
Allocation Term Trust* BCAT $0.289100 (0.000090)
BlackRock ESG Capital
Allocation Term Trust* ECAT $0.307370 0.000530
* 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 2025 will be made after the end of the year.
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 January 2025 distribution for each of BMEZ, BSTZ, BIGZ, ECAT and BCAT was calculated based on the average net asset value from 12/24/2023 through 12/23/2024. Below are the 12-month rolling average daily net asset values used to calculate BMEZ, BSTZ, BIGZ, ECAT and BCAT's December distributions:
BMEZ: $17.818725
BSTZ: $21.987251
BIGZ: $8.680558
ECAT: $18.442151
BCAT: $17.345896
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.
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