Dividend Dates And Distribution Amounts Announced For Certain BlackRock Closed-End Funds
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 and the Fund’s leverage and asset levels. In addition, BlackRock International Growth and Income Trust (NYSE:BGY) announced a dividend reduction. This dividend reduction takes into account the Fund’s relatively high previous distribution level, the current level of the Fund’s net assets and current and projected levels of dividend income, option premiums and volatility in the market.
Municipal Funds:
| Declaration- 3/1/2012 | Ex-Date- 3/13/2012 | Record- 3/15/2012 | Payable- 4/2/2012 |
| Change From | ||||||||||||
| National Funds | Ticker | Dividend | Prior | |||||||||
| Dividend | ||||||||||||
| BlackRock Municipal Income Quality Trust | BYM | $0.078000 | $0.001000 | |||||||||
| BlackRock Municipal Income Investment Quality Trust | BAF | $0.074500 | - | |||||||||
| BlackRock Investment Quality Municipal Income Trust | RFA | $0.070000 | - | |||||||||
| BlackRock Long-Term Municipal Advantage Trust | BTA | $0.066000 | $0.001500 | |||||||||
| BlackRock Muni Intermediate Duration Fund, Inc. | MUI | $0.071500 | - | |||||||||
| BlackRock MuniAssets Fund, Inc. | MUA | $0.062500 | - | |||||||||
| BlackRock Municipal 2020 Term Trust | BKK | $0.062250 | - | |||||||||
| BlackRock Municipal Bond Trust | BBK | $0.088500 | - | |||||||||
| BlackRock Municipal Bond Investment Trust | BIE | $0.081000 | - | |||||||||
| BlackRock Municipal Income Trust | BFK | $0.080100 | - | |||||||||
| BlackRock Municipal Income Trust II | BLE | $0.085000 | $0.001500 | |||||||||
| BlackRock Municipal Income Investment Trust | BBF | $0.075375 | - | |||||||||
| BlackRock Municipal 2018 Term Trust | BPK | $0.078000 | - | |||||||||
| BlackRock MuniEnhanced Fund, Inc. | MEN | $0.058000 | $0.001000 | |||||||||
| BlackRock MuniHoldings Fund II, Inc. | MUH | $0.083000 | $0.001500 | |||||||||
| BlackRock MuniHoldings Fund, Inc. | MHD | $0.091500 | $0.001000 | |||||||||
| BlackRock MuniHoldings Quality Fund II, Inc. | MUE | $0.073500 | - | |||||||||
| BlackRock MuniHoldings Quality Fund, Inc. | MUS | $0.074000 | - | |||||||||
| BlackRock MuniHoldings Investment Quality Fund | MFL | $0.076500 | - | |||||||||
| BlackRock MuniVest Fund II, Inc. | MVT | $0.091000 | $0.002500 | |||||||||
| BlackRock MuniVest Fund, Inc. | MVF | $0.059000 | - | |||||||||
| BlackRock MuniYield Fund, Inc. | MYD | $0.083500 | $0.001000 | |||||||||
| BlackRock MuniYield Quality Fund III, Inc. | MYI | $0.072000 | - | |||||||||
| BlackRock MuniYield Investment Quality Fund | MFT | $0.071000 | - | |||||||||
| BlackRock MuniYield Investment Fund | MYF | $0.079000 | $0.001500 | |||||||||
| BlackRock MuniYield Quality Fund II, Inc. | MQT | $0.069500 | $0.001500 | |||||||||
| BlackRock MuniYield Quality Fund, Inc. | MQY | $0.080000 | $0.003000 | |||||||||
| The BlackRock Investment Quality Municipal Trust, Inc. | BKN | $0.084000 | - | |||||||||
| The BlackRock Strategic Municipal Trust | BSD | $0.074000 | - |
| Change From | ||||||||||||
| State-Specific Funds | Ticker | Dividend | Prior | |||||||||
| Dividend | ||||||||||||
| BlackRock California Municipal Income Trust | BFZ | $0.077700 | $0.002000 | |||||||||
| BlackRock California Municipal 2018 Term Trust | BJZ | $0.072000 | - | |||||||||
| BlackRock MuniHoldings California Quality Fund, Inc. | MUC | $0.079000 | $0.002500 | |||||||||
| BlackRock MuniYield California Fund, Inc. | MYC | $0.079000 | - | |||||||||
| BlackRock MuniYield California Quality Fund, Inc. | MCA | $0.076000 | $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 | $0.062500 | $0.001500 | |||||||||
| BlackRock MuniHoldings New York Quality Fund, Inc. | MHN | $0.079500 | - | |||||||||
| BlackRock MuniYield New York Quality Fund, Inc. | MYN | $0.071000 | - | |||||||||
| BlackRock New York Municipal 2018 Term Trust, Inc. | BLH | $0.082000 | - | |||||||||
| BlackRock New York Municipal Income Quality Trust | BSE | $0.071500 | - | |||||||||
| BlackRock New York Municipal Bond Trust | BQH | $0.082000 | - | |||||||||
| BlackRock New York Municipal Income Trust | BNY | $0.082500 | - | |||||||||
| BlackRock New York Municipal Income Trust II | BFY | $0.083500 | - | |||||||||
| The BlackRock New York Investment Quality Municipal Trust, Inc. | RNY | $0.073000 | - | |||||||||
| BlackRock MuniHoldings New Jersey Quality Fund, Inc. | MUJ | $0.074000 | - | |||||||||
| BlackRock MuniYield New Jersey Fund, Inc. | MYJ | $0.074000 | $0.001500 | |||||||||
| BlackRock MuniYield New Jersey Quality Fund, Inc. | MJI | $0.072000 | - | |||||||||
| BlackRock New Jersey Municipal Bond Trust | BLJ | $0.078000 | - | |||||||||
| BlackRock New Jersey Municipal Income Trust | BNJ | $0.079100 | - | |||||||||
| The BlackRock New Jersey Investment Quality Municipal Trust | RNJ | $0.065500 | - | |||||||||
| BlackRock MuniYield Arizona Fund, Inc. | MZA | $0.069500 | - | |||||||||
| BlackRock MuniYield Michigan Quality Fund II, Inc. | MYM | $0.071500 | - | |||||||||
| BlackRock MuniYield Michigan Quality Fund, Inc. | MIY | $0.076500 | - | |||||||||
| BlackRock MuniYield Pennsylvania Quality Fund | MPA | $0.076500 | - | |||||||||
| The BlackRock Pennsylvania Strategic Municipal Trust | BPS | $0.076000 | - | |||||||||
| BlackRock Virginia Municipal Bond Trust | BHV | $0.083000 | - | |||||||||
| Massachusetts Health & Education Tax-Exempt Trust | MHE | $0.070000 | - |
Taxable Municipal Fund:
| Declaration- 3/1/2012 | Ex-Date- 3/13/2012 | Record- 3/15/2012 | Payable- 3/30/2012 |
| Change From | ||||||||||||
| Fund | Ticker | Dividend | Prior | |||||||||
| Dividend | ||||||||||||
| BlackRock Build America Bond Trust | BBN | $0.131800 | $0.002000 | |||||||||
| Declaration- 3/1/2012 | Ex-Date- 3/13/2012 | Record- 3/15/2012 | Payable- 3/30/2012 |
| Change From | ||||||||||||
| Fund | Ticker | Dividend | Prior | |||||||||
| Dividend | ||||||||||||
| BlackRock Senior High Income Fund, Inc. | ARK | $0.025000 | - | |||||||||
| BlackRock Floating Rate Income Trust | BGT | $0.077500 | - | |||||||||
| BlackRock Strategic Bond Trust | BHD | $0.084500 | - | |||||||||
| 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 | $0.040500 | - | |||||||||
| BlackRock Limited Duration Income Trust | BLW | $0.105000 | - | |||||||||
| BlackRock Income Opportunity Trust, Inc. | BNA | $0.053000 | - | |||||||||
| BlackRock Credit Allocation Income Trust III | BPP | $0.063500 | - | |||||||||
| BlackRock Credit Allocation Income Trust IV | BTZ | $0.078500 | - | |||||||||
| BlackRock Corporate High Yield Fund, Inc. | COY | $0.051000 | - | |||||||||
| BlackRock Corporate High Yield Fund III, Inc. | CYE | $0.051000 | - | |||||||||
| BlackRock Debt Strategies Fund, Inc. | DSU | $0.027000 | - | |||||||||
| BlackRock Diversified Income Strategies Fund, Inc. | DVF | $0.058500 | - | |||||||||
| BlackRock Enhanced Government Fund, Inc. | EGF | $0.070000 | - | |||||||||
| BlackRock Floating Rate Income Strategies Fund, Inc. | FRA | $0.077000 | - | |||||||||
| BlackRock Floating Rate Income Strategies Fund II, Inc. | FRB | $0.073000 | - | |||||||||
| BlackRock High Income Shares | HIS | $0.014200 | - | |||||||||
| BlackRock Corporate High Yield Fund VI, Inc. | HYT | $0.083500 | - | |||||||||
| BlackRock Corporate High Yield Fund V, Inc. | HYV | $0.086000 | - | |||||||||
| BlackRock Credit Allocation Income Trust I, Inc. | PSW | $0.059500 | - | |||||||||
| BlackRock Credit Allocation Income Trust II, Inc. | PSY | $0.061000 | - | |||||||||
| Declaration- 3/1/2012 | Ex-Date- 3/13/2012 | Record- 3/15/2012 | Payable- 3/30/2012 |
| Change From | ||||||||||||
| Fund | Ticker | Dividend | Prior | |||||||||
| Dividend | ||||||||||||
| BlackRock Real Asset Equity Trust* | BCF | $0.271800 | - | |||||||||
| BlackRock Enhanced Equity Dividend Trust* | BDJ | $0.170000 | - | |||||||||
| BlackRock Energy and Resources Trust* | BGR | $0.405000 | - | |||||||||
| BlackRock International Growth and Income Trust* | BGY | $0.220000 | -$0.120000 | |||||||||
| BlackRock Health Sciences Trust* | BME | $0.384375 | - | |||||||||
| BlackRock EcoSolutions Investment Trust* | BQR | $0.235000 | - | |||||||||
| BlackRock Enhanced Capital and Income Fund, Inc.* | CII | $0.360000 | - | |||||||||
| BlackRock Resources & Commodities Strategy Trust* | BCX | $0.350000 | - |
| Estimated Allocations as of February 29, 2012 | ||||||||||||||||||||
| Trust | Distribution | Net Investment Income | Net Realized Short-Term Gains | Net Realized Long-Term Gains | Return of Capital | |||||||||||||||
| EGF | $ 0.070000 | $0.070000 (100%) | $0 (0%) | $0 (0%) | $0 (0%) | |||||||||||||||
| Estimated Allocations as of December 30, 2011 | ||||||||||||||||||||
| Trust | Distribution | Net Investment Income | Net Realized Short-Term Gains | Net Realized Long-Term Gains | Return of Capital | |||||||||||||||
| BCF 1 | $0.271800 | $0.022108 (8%) | $0.135224 (50%) | $0.024893 (9%) | $0.089575 (33%) | |||||||||||||||
| BCX 1 | $0.350000 | $0.026064 (7%) | $0 (0%) | $0 (0%) | $0.323936 (93%) | |||||||||||||||
| BDJ 1 | $0.170000 | $0.043753 (26%) | $0 (0%) | $0 (0%) | $0.126247 (74%) | |||||||||||||||
| BGR 1 | $0.553000 | $0.021416 (4%) | $0.148000 (27%) | $0 (0%) | $0.383584 (69%) | |||||||||||||||
| BGY 1 | $0.340000 | $0.028827 (8%) | $0 (0%) | $0 (0%) | $0.311173 (92%) | |||||||||||||||
| BME | $1.347375 | $0.009705 (1%) | $0.963000 (71%) | $0.374670 (28%) | $0 (0%) | |||||||||||||||
| BQR 1 | $0.235000 | $0.016853 (7%) | $0 (0%) | $0 (0%) | $0.218147 (93%) | |||||||||||||||
| CII 1 | $0.360000 | $0.073142 (20%) | $0 (0%) | $0 (0%) | $0.286858 (80%) | |||||||||||||||
| Estimated Allocations for the fiscal year through February 29, 2012 | ||||||||||||||||||||
| Trust | Distribution | Net Investment Income | Net Realized Short-Term Gains | Net Realized Long-Term Gains | Return of Capital | |||||||||||||||
| EGF | $ 0.070000 | $0.070000 (100%) | $0 (0%) | $0 (0%) | $0 (0%) | |||||||||||||||
| Estimated Allocations for the fiscal year through December 30, 2011 | ||||||||||||||||||||
| Trust | Distribution | Net Investment Income | Net Realized Short-Term Gains | Net Realized Long-Term Gains | Return of Capital | |||||||||||||||
| BCF 1 | $0.271800 | $0.022108 (8%) | $0.135224 (50%) | $0.024893 (9%) | $0.089575 (33%) | |||||||||||||||
| BCX 1 | $0.350000 | $0.026064 (7%) | $0 (0%) | $0 (0%) | $0.323936 (93%) | |||||||||||||||
| BDJ 1 | $0.170000 | $0.043753 (26%) | $0 (0%) | $0 (0%) | $0.126247 (74%) | |||||||||||||||
| BGR 1 | $0.553000 | $0.021416 (4%) | $0.148000 (27%) | $0 (0%) | $0.383584 (69%) | |||||||||||||||
| BGY 1 | $0.340000 | $0.028827 (8%) | $0 (0%) | $0 (0%) | $0.311173 (92%) | |||||||||||||||
| BME | $1.347375 | $0.009705 (1%) | $0.963000 (71%) | $0.374670 (28%) | $0 (0%) | |||||||||||||||
| BQR 1 | $0.235000 | $0.016853 (7%) | $0 (0%) | $0 (0%) | $0.218147 (93%) | |||||||||||||||
| CII 1 | $0.360000 | $0.073142 (20%) | $0 (0%) | $0 (0%) | $0.286858 (80%) | |||||||||||||||
| Trust Performance and Distribution Rate Information: | ||||||||||||||||
| Trust | Average annual total return (in relation to NAV) for the 5-year period ending on 01/31/2012 | Annualized current distribution rate expressed as a percentage of NAV as of 01/31/2012 | Cumulative total return (in relation to NAV) for the fiscal year through 01/31/2012 | Cumulative fiscal year distributions as a percentage of NAV as of 01/31/2012 | ||||||||||||
| BCF | 4.82% | 8.67% | 3.19% | 2.17% | ||||||||||||
| BCX 2 | (7.02)% | 8.36% | 2.02% | 2.09% | ||||||||||||
| BDJ | (0.78)% | 8.25% | 5.04% | 2.06% | ||||||||||||
| BGR | 6.58% | 5.85% | (0.10)% | 2.00% | ||||||||||||
| BGY 2 | (2.74)% | 15.93% | 2.48% | 3.98% | ||||||||||||
| BME | 7.26% | 5.76% | 5.32% | 5.04% | ||||||||||||
| BQR 2 | (4.76)% | 10.04% | 2.65% | 2.51% | ||||||||||||
| CII | 3.13% | 10.07% | 6.04% | 2.52% | ||||||||||||
| EGF | 4.82% | 5.16% | 0.12% | 0.43% | ||||||||||||
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