Dividend Dates And Distribution Amounts Announced For Certain BlackRock Closed-End Funds

BY Business Wire | 09/01/10 - 08:43 PM EDT

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Certain BlackRock closed-end funds (the “Funds”) announced distributions today as detailed below.

Several of the Funds announced dividend increases. These dividend increases take into account each Fund’s earnings potential in light of the current market environment. In addition, two other Funds announced dividend reductions. Generally, these dividend reductions take into account each Fund’s earnings potential in light of the relatively low interest rates paid on floating rate securities held by the Funds.

Municipal Funds:
Declaration- 9/1/2010 Ex-Date- 9/13/2010 Record- 9/15/2010 Payable- 10/1/2010
National Funds	Ticker	Dividend	Change From Prior Dividend
BlackRock Apex Municipal Fund, Inc.	APX	$0.044000	-
BlackRock Insured Municipal Income Trust	BYM	$0.077000	$0.003000
BlackRock Insured Municipal Income Investment Trust	BAF	$0.073500	-
BlackRock Insured Municipal Term Trust Inc.	BMT	$0.005000	-
BlackRock Investment Quality Municipal Income Trust	RFA	$0.070000	-
BlackRock Long-Term Municipal Advantage Trust	BTA	$0.061000	$0.001500
BlackRock Muni Intermediate Duration Fund, Inc.	MUI	$0.071500	$0.003500
BlackRock MuniAssets Fund, Inc.	MUA	$0.062500	-
BlackRock Municipal 2018 Term Trust	BPK	$0.078000	-
BlackRock Municipal 2020 Term Trust	BKK	$0.062250	-
BlackRock Municipal Bond Trust	BBK	$0.086000	$0.001000
BlackRock Municipal Bond Investment Trust	BIE	$0.078800	-
BlackRock Municipal Income Trust	BFK	$0.078600	-
BlackRock Municipal Income Trust II	BLE	$0.082000	$0.001000
BlackRock Municipal Income Investment Trust	BBF	$0.075375	-
BlackRock MuniEnhanced Fund, Inc.	MEN	$0.057000	-
BlackRock MuniHoldings Fund II, Inc.	MUH	$0.080500	-
BlackRock MuniHoldings Fund, Inc.	MHD	$0.089000	$0.003000
BlackRock MuniHoldings Insured Fund II, Inc.	MUE	$0.073500	-
BlackRock MuniHoldings Insured Fund, Inc.	MUS	$0.074000	-
BlackRock MuniHoldings Insured Investment Fund	MFL	$0.075000	$0.002000
BlackRock MuniVest Fund II, Inc.	MVT	$0.088500	$0.002500
BlackRock MuniVest Fund, Inc.	MVF	$0.057000	$0.001000
BlackRock MuniYield Fund, Inc.	MYD	$0.082500	$0.002500
BlackRock MuniYield Insured Fund, Inc.	MYI	$0.072000	$0.001000
BlackRock MuniYield Insured Investment Fund	MFT	$0.071000	-
BlackRock MuniYield Investment Fund	MYF	$0.075000	-
BlackRock MuniYield Quality Fund II, Inc.	MQT	$0.067000	-
BlackRock MuniYield Quality Fund, Inc.	MQY	$0.077000	-
The BlackRock Investment Quality Municipal Trust, Inc.	BKN	$0.084000	-
The BlackRock Strategic Municipal Trust	BSD	$0.072500	-


State-Specific Funds	Ticker	Dividend	Change From Prior Dividend
BlackRock California Municipal Income Trust	BFZ	$0.075700	-
BlackRock California Municipal 2018 Term Trust	BJZ	$0.072000	-
BlackRock MuniHoldings California Insured Fund, Inc.	MUC	$0.073500	$0.003000
BlackRock MuniYield California Fund, Inc.	MYC	$0.076000	$0.004000
BlackRock MuniYield California Insured Fund, Inc.	MCA	$0.070500	$0.002500
BlackRock Florida Municipal 2020 Term Trust, Inc.	BFO	$0.056000	-
BlackRock Maryland Municipal Bond Trust	BZM	$0.079000	-
BlackRock Muni New York Intermediate Duration Fund, Inc.	MNE	$0.061000	$0.003000
BlackRock MuniHoldings New York Insured Fund, Inc.	MHN	$0.079500	$0.001500
BlackRock MuniYield New York Insured Fund, Inc.	MYN	$0.071000	$0.001000
BlackRock New York Insured Municipal Income Trust	BSE	$0.071500	$0.001000
BlackRock New York Municipal 2018 Term Trust	BLH	$0.082000	-
BlackRock New York Municipal Bond Trust	BQH	$0.082000	$0.001500
BlackRock New York Municipal Income Trust	BNY	$0.082500	-
BlackRock New York Municipal Income Trust II	BFY	$0.083500	$0.001500
The BlackRock New York Investment Quality Municipal Trust, Inc.	RNY	$0.073000	-
BlackRock MuniHoldings New Jersey Insured Fund, Inc.	MUJ	$0.074000	$0.001000
BlackRock MuniYield New Jersey Fund, Inc.	MYJ	$0.071500	$0.001000
BlackRock MuniYield New Jersey Insured Fund, Inc.	MJI	$0.072000	-
BlackRock New Jersey Municipal Bond Trust	BLJ	$0.078000	-
BlackRock New Jersey Municipal Income Trust	BNJ	$0.077600	-
The BlackRock New Jersey Investment Quality Municipal Trust	RNJ	$0.065500	-
BlackRock MuniYield Arizona Fund, Inc.	MZA	$0.069500	-
BlackRock MuniYield Michigan Insured Fund II, Inc.	MYM	$0.071500	-
BlackRock MuniYield Michigan Insured Fund, Inc.	MIY	$0.076500	$0.001500
BlackRock MuniYield Pennsylvania Insured Fund	MPA	$0.074500	$0.002500
The BlackRock Pennsylvania Strategic Municipal Trust	BPS	$0.073500	$0.001000
BlackRock Virginia Municipal Bond Trust	BHV	$0.083000	$0.001500
Massachusetts Health & Education Tax-Exempt Trust	MHE	$0.070000	-


Taxable Funds:
Declaration- 9/1/2010 Ex-Date- 9/13/2010 Record- 9/15/2010 Payable- 9/30/2010
Fund	Ticker	Dividend	Change From Prior Dividend
BlackRock Senior High Income Fund, Inc.	ARK	$0.025000	-
BlackRock Floating Rate Income Trust	BGT	$0.072500	$0.002500
BlackRock Strategic Bond Trust	BHD	$0.079500	$0.002500
BlackRock Core Bond Trust	BHK	$0.067000	-
BlackRock Defined Opportunity Credit Trust	BHL	$0.066000	$0.002000
The BlackRock High Yield Trust*	BHY	$0.043500	-
The BlackRock Income Trust, Inc.	BKT	$0.024000	-
BlackRock Limited Duration Income Trust	BLW	$0.087500	$0.002500
BlackRock Income Opportunity Trust, Inc.	BNA	$0.051000	-
BlackRock Credit Allocation Income Trust III*	BPP	$0.066500	-
BlackRock Credit Allocation Income Trust IV*	BTZ	$0.079000	-
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	($0.002000)
BlackRock Diversified Income Strategies Fund, Inc.*	DVF	$0.063500	($0.005000)
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	$0.057000	-
BlackRock Credit Allocation Income Trust II, Inc.*	PSY	$0.063500	-


Equity Funds:
Declaration- 9/1/2010 Ex-Date- 9/13/2010 Record- 9/15/2010 Payable- 9/30/2010
Fund	Ticker	Dividend	Change From Prior Dividend
BlackRock Real Asset Equity Trust*	BCF	$0.271800	-
BlackRock Enhanced Dividend Achievers ^TM Trust*	BDJ	$0.245000	-
BlackRock Strategic Dividend Achievers ^TM Trust*	BDT	$0.162500	-
BlackRock Dividend Achievers ^TM Trust*	BDV	$0.162500	-
BlackRock Energy and Resources Trust*	BGR	$0.405000	-
BlackRock International Growth and Income Trust*	BGY	$0.340000	-
BlackRock Health Sciences Trust*	BME	$0.384375	-
BlackRock EcoSolutions Investment Trust*	BQR	$0.300000	-
BlackRock Enhanced Capital and Income Fund, Inc.*	CII	$0.485000	-

* 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.

The BlackRock Enhanced Government Fund, Inc. (NYSE:EGF), BlackRock Real Asset Equity Trust (NYSE:BCF), BlackRock Enhanced Dividend Achievers ^TM Trust (NYSE:BDJ), BlackRock Strategic Dividend Achievers ^TM Trust (NYSE: BDT), BlackRock Dividend Achievers ^TM Trust (NYSE:BDV), BlackRock Energy and Resources Trust (NYSE:BGR), BlackRock International Growth and Income Trust (NYSE:BGY), BlackRock Health Sciences Trust (NYSE:BME), BlackRock EcoSolutions Investment Trust (NYSE:BQR) and BlackRock Enhanced Capital and Income Fund, Inc. (NYSE:CII) (collectively, the “Trusts”) have adopted a level distribution plan (the “Plan”) and employ 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 each Trust’s Board. Under its Plan, each Trust 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. If sufficient investment income is not available on a quarterly/monthly basis, the Trusts will distribute long-term capital gains and or return capital to their shareholders in order to maintain a level distribution.

The Trusts’ estimated sources of the distributions paid currently and for their current fiscal year through June 30, 2010 and August 31, 2010 are as follows:

Estimated Allocations as of August 31, 2010
Trust	Distribution	Net Investment Income	Net Realized Short-Term Gains	Net Realized Long-Term Gains	Return of Capital
EGF ¹	$0.080000	$0.05593 (70%)	$0.00 (0%)	$0.00 (0%)	$0.02407 (30%)

Estimated Allocations as of June 30, 2010
Trust	Distribution	Net Investment Income	Net Realized Short-Term Gains	Net Realized Long-Term Gains	Return of Capital
BCF ¹	$0.271800	$0.016900 (6%)	$0.00 (0%)	$0.00 (0%)	$0.245900 (94%)
BDJ ¹	$0.245000	$0.039323 (16%)	$0.00 (0%)	$0.00 (0%)	$0.205677 (84%)
BDT ¹	$0.162500	$0.065380 (40%)	$0.00 (0%)	$0.00 (0%)	$0.097120 (60%)
BDV ¹	$0.162500	$0.055320 (34%)	$0.00 (0%)	$0.00 (0%)	$0.107180 (66%)
BGR	$0.405000	$0.075510 (19%)	$0.329490 (81%)	$0.00 (0%)	$0.00 (0%)
BGY ¹	$0.340000	$0.097894 (29%)	$0.00 (0%)	$0.00 (0%)	$0.242106 (71%)
BME	$0.384375	$0.00 (0%)	$0.384375 (100%)	$0.00 (0%)	$0.00 (0%)
BQR ¹	$0.300000	$0.023700 (8%)	$0.00 (0%)	$0.00 (0%)	$0.276300 (92%)
CII ¹	$0.485000	$0.088490 (18%)	$0.00 (0%)	$0.00 (0%)	$0.396510 (82%)

Estimated Allocations for the fiscal year through August 31, 2010
Trust	Distribution	Net Investment Income	Net Realized Short-Term Gains	Net Realized Long-Term Gains	Return of Capital
EGF ¹	$0.585000	$0.39370 (67%)	$0.00 (0%)	$0.00 (0%)	$0.19130 (33%)

Estimated Allocations for the fiscal year through June 30, 2010
Trust	Distribution	Net Investment Income	Net Realized Short-Term Gains	Net Realized Long-Term Gains	Return of Capital
BCF ¹	$0.815400	$0.025900 (3%)	$0.00 (0%)	$0.00 (0%)	$0.789500 (97%)
BDJ ¹	$0.735000	$0.119093 (16%)	$0.00 (0%)	$0.00 (0%)	$0.615907 (84%)
BDT ¹	$0.487500	$0.196650 (40%)	$0.00 (0%)	$0.00 (0%)	$0.290850 (60%)
BDV ¹	$0.487500	$0.158650 (33%)	$0.00 (0%)	$0.00 (0%)	$0.328850 (67%)
BGR	$1.215000	$0.190860 (16%)	$1.024140 (84%)	$0.00 (0%)	$0.00 (0%)
BGY ¹	$1.250200	$0.118598 (9%)	$0.00 (0%)	$0.00 (0%)	$1.131602 (91%)
BME	$1.153125	$0.060893 (5%)	$1.092232 (95%)	$0.00 (0%)	$0.00 (0%)
BQR ¹	$0.900000	$0.036300 (4%)	$0.00 (0%)	$0.00 (0%)	$0.863700 (96%)
CII ¹	$1.455000	$0.214220 (15%)	$0.00 (0%)	$0.00 (0%)	$1.240780 (85%)

¹The Trust 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 the Trust'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 the Trust’s investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. Each Trust in which you are invested 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.

Trust Performance and Distribution Rate Information:
Trust	Average annual total return (in relation to NAV) from inception to July 31, 2010	Annualized current distribution rate expressed as a percentage of NAV as of July 31, 2010	Cumulative total return (in relation to NAV) for the fiscal year through July 31, 2010	Cumulative fiscal year distributions as a percentage of NAV as of July 31, 2010
EGF	4.84%	5.74%	3.88%	3.02%
BDJ	(0.92)%	12.08%	9.04%	9.06%
BCF	5.29%	8.87%	11.52%	6.65%
BGY	(5.95)%	13.64%	2.77%	12.54%
BDV	(1.72)% *	6.83%	9.91%	5.12%
BDT	(0.78)% *	6.06%	16.29%	4.54%
BGR	5.89% *	6.68%	6.91%	5.01%
BME	6.63% *	6.10%	3.84%	4.58%
BQR	(10.41)%	12.06%	2.70%	9.05%
CII	3.92% *	13.71%	8.48%	10.28%

* Five year total return (in relation to NAV) as of July 31, 2010

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