Dividend Dates and Distribution Amounts Announced for Certain BlackRock Closed-End Funds

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Dividend Dates and Distribution Amounts Announced for Certain BlackRock Closed-End Funds Powered By Docstoc
					Dividend Dates and Distribution Amounts
Announced for Certain BlackRock Closed-End
Funds
September 01, 2011 05:46 PM Eastern Daylight Time 

NEW YORK--(EON: Enhanced Online News)--Certain BlackRock closed-end funds (the “Funds”) announced
distributions today as detailed below.

Municipal Funds:
Declaration- 9/1/2011   Ex-Date- 9/13/2011    Record- 9/15/2011   Payable- 10/3/2011
                                                                         Change From

National Funds                                           Ticker Dividend   Prior

                                                                           Dividend
BlackRock Municipal Income Quality Trust                 BYM   $0.077000   -
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   $0.062500   -
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   $0.083500   -
BlackRock Municipal Income Investment Trust              BBF   $0.075375   -
BlackRock Municipal 2018 Term Trust                      BPK   $0.078000   -
BlackRock MuniEnhanced Fund, Inc.                        MEN   $0.057000   -
BlackRock MuniHoldings Fund II, Inc.                     MUH   $0.081500   -
BlackRock MuniHoldings Fund, Inc.                        MHD   $0.090500   -
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   $0.088500   -
BlackRock MuniVest Fund, Inc.                            MVF   $0.059000   -
BlackRock MuniYield Fund, Inc.                           MYD   $0.082500   -
BlackRock MuniYield Quality Fund III, Inc.               MYI   $0.072000   -
BlackRock MuniYield Investment Quality Fund              MFT   $0.071000   -
BlackRock MuniYield Investment Fund                      MYF   $0.077500   -
BlackRock MuniYield Quality Fund II, Inc.                MQT   $0.068000   -
BlackRock MuniYield Quality Fund, Inc.                   MQY   $0.077000   -
The BlackRock Investment Quality Municipal Trust, Inc.   BKN   $0.084000   -
The BlackRock Strategic Municipal Trust                  BSD   $0.074000   -
                                                                                      Change From
State-Specific Funds                                             Ticker Dividend    Prior

                                                                                    Dividend
BlackRock California Municipal Income Trust                       BFZ $0.075700     -
BlackRock California Municipal 2018 Term Trust                    BJZ $0.072000     -
BlackRock MuniHoldings California Quality Fund, Inc.              MUC $0.076500     -
BlackRock MuniYield California Fund, Inc.                         MYC $0.079000     -
BlackRock MuniYield California Quality Fund, Inc.                 MCA $0.073500     -
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     -
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 $0.072500     -
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- 9/1/2011    Ex-Date- 9/13/2011    Record- 9/15/2011    Payable- 9/30/2011
                                                                       Change From

Fund                                           Ticker Dividend        Prior

                                                                      Dividend
BlackRock Build America Bond Trust              BBN $0.118300         -
Taxable Funds:
Declaration- 9/1/2011    Ex-Date- 9/13/2011    Record- 9/15/2011    Payable- 9/30/2011
                                                                          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   $0.036500 -
BlackRock Limited Duration Income Trust                 BLW $0.102500 -
BlackRock Income Opportunity Trust, Inc.                BNA $0.051000 -
BlackRock Credit Allocation Income Trust III            BPP $0.054000 -
BlackRock Credit Allocation Income Trust IV             BTZ $0.069000 -
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 -
BlackRock Diversified Income Strategies Fund, Inc.      DVF $0.058500 -
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 $0.073000 -
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 $0.085000 -
BlackRock Credit Allocation Income Trust I, Inc.        PSW $0.049500 -
BlackRock Credit Allocation Income Trust II, Inc.       PSY $0.053500 -
Equity Funds:
Declaration- 9/1/2011    Ex-Date- 9/13/2011    Record- 9/15/2011    Payable- 9/30/2011
                                                                        Change From Prior
Fund                                                  Ticker Dividend
                                                                        Dividend
BlackRock Real Asset Equity Trust*                    BCF $0.271800 -
BlackRock Enhanced Equity Dividend Trust*             BDJ $0.170000 -
BlackRock Strategic Equity Dividend Trust*            BDT $0.162500 -
BlackRock Equity Dividend 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 $0.235000 -
BlackRock Enhanced Capital and Income Fund, Inc.* CII $0.360000 -
BlackRock Resources & Commodities Strategy Trust* BCX $0.350000 -

* 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 2011 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 Resources & Commodities Strategy Trust (NYSE:BCX), BlackRock Enhanced Equity
Dividend Trust (NYSE:BDJ), BlackRock Strategic Equity Dividend Trust (NYSE: BDT), BlackRock Equity
Dividend 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,
2011 and August 31, 2011 are as follows:
Estimated Allocations as of August 31, 2011
                                  Net Realized
                   Net Investment                            Net Realized
Trust Distribution                Short-Term                                    Return of Capital
                   Income                                    Long-Term Gains
                                  Gains
EGF1 $0.080000 $0.055085 (69%) $0 (0%)                       $0 (0%)            $0.024915 (31%)
Estimated Allocations as of June 30, 2011
                                  Net Realized
                   Net Investment                            Net Realized
Trust Distribution                Short-Term                                    Return of Capital
                   Income                                    Long-Term Gains
                                  Gains
     1 $0.271800 $0.040764 (15%) $0 (0%)                     $0 (0%)            $0.231036 (85%)
BCF
BCX1 $0.350000 $0.007890 (2%) $0.078354 (22%) $0 (0%)                           $0.263756 (76%)
BDJ1 $0.170000 $0.034360 (20%) $0 (0%)        $0 (0%)                           $0.135640 (80%)
BDT1 $0.162500      $0.063202 (39%) $0 (0%)        $0 (0%)                      $0.099298 (61%)
BDV1 $0.162500      $0.054346 (33%) $0 (0%)        $0 (0%)                      $0.108154 (67%)
BGR $0.405000       $0.024899 (6%) $0.380101 (94%) $0 (0%)                      $0 (0%)
BGY1 $0.340000      $0.096337 (28%) $0 (0%)        $0 (0%)                      $0.243663 (72%)
BME $0.384375       $0.004651 (1%) $0.379724 (99%) $0 (0%)                      $0 (0%)
BQR1 $0.235000      $0.030276 (13%) $0 (0%)        $0 (0%)                      $0.204724 (87%)
CII1 $0.360000 $0.078780 (22%) $0 (0%)              $0 (0%)         $0.281220 (78%)
Estimated Allocations for the fiscal year through August 31, 2011
                                    Net Realized
                   Net Investment
                                                    Net Realized
Trust Distribution                  Short-Term                      Return of Capital
                   Income
                                                    Long-Term Gains
                                    Gains
EGF1 $0.560000 $0.434650 (78%) $0 (0%)              $0 (0%)         $0.125350 (22%)
Estimated Allocations for the fiscal year through June 30, 2011
                                    Net Realized
                   Net Investment                   Net Realized
Trust Distribution                  Short-Term                      Return of Capital
                   Income                           Long-Term Gains
                                    Gains
BCF  1 $0.815400 $0.068241 (8%) $0 (0%)             $0 (0%)         $0.747159 (92%)
BCX1 $0.350000 $0.007890 (2%) $0.078354 (22%) $0 (0%)                           $0.263756 (76%)
BDJ1 $0.660000 $0.105521 (16%) $0 (0%)        $0 (0%)                           $0.554479 (84%)
BDT1 $0.487500 $0.177926 (36%) $0 (0%)        $0 (0%)                           $0.309574 (64%)
BDV1 $0.487500      $0.156559 (32%) $0 (0%)        $0 (0%)                      $0.330941 (68%)
BGR $1.215000       $0.066749 (5%) $1.148251 (95%) $0 (0%)                      $0 (0%)
BGY1 $1.020000      $0.115672 (11%) $0 (0%)        $0 (0%)                      $0.904328 (89%)
BME $1.853125       $0.004651 (1%) $1.848474 (99%) $0 (0%)                      $0 (0%)
BQR1 $0.835000      $0.033273 (4%) $0 (0%)         $0 (0%)                      $0.801727 (96%)
CII1 $1.330000      $0.241120 (18%) $0 (0%)        $0 (0%)                      $1.088880 (82%)

1 The Trust 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 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:
       Average annual
                            Annualized current   Cumulative total       Cumulative fiscal
       total return (in
                            distribution rate    return (in relation to year distributions
       relation to NAV) for
Trust                       expressed as a       NAV) for the fiscal as a percentage of
       the 5-year period
                            percentage of NAV as year through           NAV as of
       ending on
                            of 07/31/2011        07/31/2011             07/31/2011
       07/31/2011
BCF * 9.73%                 7.44%                15.06%                 5.58%
BCX * (5.59)%               7.62%                (1.92)%                1.90%
BDJ 0.01%                   8.19%                7.80%                  7.95%
BDT 1.22%                   5.70%                7.80%                  4.27%
BDV (0.38)%                 6.23%                9.34%                  4.67%
BGR 9.06%                   5.08%                28.33%                 3.81%
BGY * (0.89)%               13.27%               7.33%                  9.95%
BME 9.14%                   5.43%                11.28%                 6.54%
BQR * (4.33)%               9.09%                4.74%                  8.08%
CII    4.96%                9.50%                7.26%                  8.78%
EGF 4.99%                   5.88%                3.00%                  2.94%

* Portfolio launched within the past 5 years; this represents the average annual total return (in relation to NAV) from
inception to July 31, 2011.

Shareholders should not draw any conclusions about a Trust’s investment performance from the amount
of the Trust’s current distributions or from the terms of the Trust’s Plan

About BlackRock

BlackRock is a leader in investment management, risk management and advisory services for institutional and retail
clients worldwide. At June 30, 2011, BlackRock’s AUM was $3.659 trillion. BlackRock offers products that span
the risk spectrum to meet clients’ needs, including active, enhanced and index strategies across markets and asset
classes. Products are offered in a variety of structures including 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® .
Headquartered in New York City, as of June 30, 2011, the firm has approximately 9,700 employees in 26 countries
and a major presence in key global markets, including North and South America, Europe, Asia, Australia and the
Middle East and Africa. For additional information, please visit the firm’s website at www.blackrock.com.

Forward-Looking Statements

This press release, and other statements that BlackRock may make, may contain forward-looking statements within
the meaning of the Private Securities Litigation Reform Act, with respect to 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 each Fund, 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 each Fund or in each Fund’s net asset value; (2) the relative and absolute investment
performance of each 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 recently approved Dodd-Frank Wall Street Reform and Consumer Protection Act, and regulatory,
supervisory or enforcement actions of government agencies relating to each 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) BlackRock’s success in maintaining secondary market support for each
Fund; (11) the impact of BlackRock electing to provide support to its products from time to time; (12) the impact of
problems at other financial institutions or the failure or negative performance of products at other financial institutions;
and (13) the ability of BlackRock to integrate the operations of Barclays Global Investors.

The Annual and Semi-Annual Reports and other regulatory filings of each Fund with the Securities and Exchange
Commission (“SEC”) are accessible on the SEC's website at www.sec.govand on BlackRock’s website at
www.blackrock.com, and may discuss these or other factors that affect each Fund. The information contained on
our website is not a part of this press release.

Contacts
BlackRock Closed-End Funds
1-800-882-0052

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Description: NEW YORK--(EON: Enhanced Online News)--Certain BlackRock closed-end funds (the “Funds”) announced distributions today as detailed below. Municipal Funds:   Declaration- 9/1/2011   Ex-Date- 9/13/2011    Record- 9/15/2011   Payable- 10/3/2011 National Funds         Ticker     Dividend     Change From Prior Dividend BlackRock Municipal Income Quality Trust BYM $0.077000 - BlackRock Municipal Income Investment Quality Trust BAF $0.074500 - BlackRock Investment Quality Municipal Income Trust RFA $0.0 a style='font-
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