Distribution Dates and Amounts Announced for Certain BlackRock Closed-End Funds
Distribution Dates and Amounts Announced for Certain BlackRock Closed-End Funds
NEW YORK--(BUSINESS WIRE)-- Certain BlackRock closed-end funds (the "Funds") announced distributions today as detailed below. BlackRock S&P Quality Rankings Global Equity Managed Trust (NYSE MKT:BQY) announced a distribution reduction. This distribution reduction takes into account the current level of BQY's net assets and current and projected levels of dividend income, option premiums and volatility in the market.
Municipal Funds: | ||||||||||||
Declaration- 2/1/2013 | Ex-Date- 2/13/2013 | Record- 2/15/2013 | Payable- 3/1/2013 | |||||||||
National Funds | Ticker | Distribution | Change From Prior Distribution | ||||||||
BlackRock Municipal Income Quality Trust | BYM | $0.078000 | - | ||||||||
BlackRock Municipal Income Investment Quality Trust | BAF | $0.068500 | - | ||||||||
BlackRock Long-Term Municipal Advantage Trust | BTA | $0.062000 | - | ||||||||
BlackRock Muni Intermediate Duration Fund, Inc. | MUI | $0.071500 | - | ||||||||
BlackRock MuniAssets Fund, Inc. | MUA | $0.062500 | - | ||||||||
BlackRock Municipal 2018 Term Trust | BPK | $0.075800 | - | ||||||||
BlackRock Municipal Bond Trust | BBK | $0.083500 | - | ||||||||
BlackRock Municipal Bond Investment Trust | BIE | $0.078000 | - | ||||||||
BlackRock Municipal Income Trust | BFK | $0.080100 | - | ||||||||
BlackRock Municipal Income Trust II | BLE | $0.085000 | - | ||||||||
BlackRock Municipal Income Investment Trust | BBF | $0.072375 | - | ||||||||
BlackRock Municipal Target Term Trust* | BTT | $0.099000 | - | ||||||||
BlackRock MuniEnhanced Fund, Inc. | MEN | $0.058000 | - | ||||||||
BlackRock MuniHoldings Fund II, Inc. | MUH | $0.083000 | - | ||||||||
BlackRock MuniHoldings Fund, Inc. | MHD | $0.091500 | - | ||||||||
BlackRock MuniHoldings Quality Fund II, Inc. | MUE | $0.070500 | - | ||||||||
BlackRock MuniHoldings Quality Fund, Inc. | MUS | $0.074000 | - | ||||||||
BlackRock MuniHoldings Investment Quality Fund | MFL | $0.076500 | - | ||||||||
BlackRock MuniVest Fund II, Inc. | MVT | $0.091000 | - | ||||||||
BlackRock MuniVest Fund, Inc. | MVF | $0.059000 | - | ||||||||
BlackRock MuniYield Fund, Inc. | MYD | $0.083500 | - | ||||||||
BlackRock MuniYield Quality Fund III, Inc. | MYI | $0.072000 | - | ||||||||
BlackRock MuniYield Investment Quality Fund | MFT | $0.071000 | - | ||||||||
BlackRock MuniYield Investment Fund | MYF | $0.079000 | - | ||||||||
BlackRock MuniYield Quality Fund II, Inc. | MQT | $0.069500 | - | ||||||||
BlackRock MuniYield Quality Fund, Inc. | MQY | $0.080000 | - | ||||||||
The BlackRock Investment Quality Municipal Trust, Inc. | BKN | $0.080000 | - | ||||||||
The BlackRock Strategic Municipal Trust | BSD | $0.074000 | - | ||||||||
State-Specific Funds | Ticker | Distribution | Change From Prior Distribution | ||||||||
BlackRock California Municipal Income Trust | BFZ | $0.077700 | - | ||||||||
BlackRock California Municipal 2018 Term Trust | BJZ | $0.057500 | - | ||||||||
BlackRock MuniHoldings California Quality Fund, Inc. | MUC | $0.079000 | - | ||||||||
BlackRock MuniYield California Fund, Inc. | MYC | $0.079000 | - | ||||||||
BlackRock MuniYield California Quality Fund, Inc. | MCA | $0.076000 | - | ||||||||
BlackRock Florida Municipal 2020 Term Trust | BFO | $0.056000 | - | ||||||||
BlackRock Maryland Municipal Bond Trust | BZM | $0.062500 | - | ||||||||
BlackRock Muni New York Intermediate Duration Fund, Inc. | MNE | $0.062500 | - | ||||||||
BlackRock MuniHoldings New York Quality Fund, Inc. | MHN | $0.076500 | - | ||||||||
BlackRock MuniYield New York Quality Fund, Inc. | MYN | $0.071000 | - | ||||||||
BlackRock New York Municipal 2018 Term Trust | BLH | $0.060000 | - | ||||||||
BlackRock New York Municipal Income Quality Trust | BSE | $0.071500 | - | ||||||||
BlackRock New York Municipal Bond Trust | BQH | $0.071000 | - | ||||||||
BlackRock New York Municipal Income Trust | BNY | $0.075000 | - | ||||||||
BlackRock New York Municipal Income Trust II | BFY | $0.077000 | - | ||||||||
BlackRock MuniHoldings New Jersey Quality Fund, Inc. | MUJ | $0.074000 | - | ||||||||
BlackRock MuniYield New Jersey Fund, Inc. | MYJ | $0.074000 | - | ||||||||
BlackRock MuniYield New Jersey Quality Fund, Inc. | MJI | $0.072000 | - | ||||||||
BlackRock New Jersey Municipal Bond Trust | BLJ | $0.073000 | - | ||||||||
BlackRock New Jersey Municipal Income Trust | BNJ | $0.081100 | - | ||||||||
BlackRock MuniYield Arizona Fund, Inc. | MZA | $0.069500 | - | ||||||||
BlackRock MuniYield Michigan Quality Fund II, Inc. | MYM | $0.069000 | - | ||||||||
BlackRock MuniYield Michigan Quality Fund, Inc. | MIY | $0.076500 | - | ||||||||
BlackRock MuniYield Pennsylvania Quality Fund | MPA | $0.074000 | - | ||||||||
The BlackRock Pennsylvania Strategic Municipal Trust | BPS | $0.071000 | - | ||||||||
BlackRock Virginia Municipal Bond Trust | BHV | $0.078000 | - | ||||||||
Massachusetts Health & Education Tax-Exempt Trust | MHE | $0.062500 | - | ||||||||
Taxable Municipal Fund: | ||||||||||||
Declaration- 2/1/2013 | Ex-Date- 2/13/2013 | Record- 2/15/2013 | Payable- 2/28/2013 | |||||||||
Fund | Ticker | Distribution | Change From Prior Distribution | |||||||||
BlackRock Build America Bond Trust* | BBN | $0.131800 | - | |||||||||
Taxable Funds: | ||||||||||||
Declaration- 2/1/2013 | Ex-Date- 2/13/2013 | Record- 2/15/2013 | Payable- 2/28/2013 | |||||||||
Fund | Ticker | Distribution | Change From Prior Distribution | ||||||||
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 | $0.073000 | - | ||||||||
BlackRock Defined Opportunity Credit Trust | BHL | $0.068500 | - | ||||||||
The BlackRock High Yield Trust | BHY | $0.044500 | - | ||||||||
The BlackRock Income Trust, Inc. | BKT | $0.040500 | - | ||||||||
BlackRock Limited Duration Income Trust | BLW | $0.109500 | - | ||||||||
BlackRock Income Opportunity Trust, Inc. | BNA | $0.057000 | - | ||||||||
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 | $0.052500 | - | ||||||||
BlackRock Debt Strategies Fund, Inc. | DSU | $0.027000 | - | ||||||||
BlackRock Enhanced Government Fund, Inc.* | EGF | $0.065000 | - | ||||||||
BlackRock Floating Rate Income Strategies Fund, Inc.* | FRA | $0.077000 | - | ||||||||
BlackRock High Income Shares | HIS | $0.015200 | - | ||||||||
BlackRock Corporate High Yield Fund VI, Inc. | HYT | $0.087500 | - | ||||||||
BlackRock Corporate High Yield Fund V, Inc. | HYV | $0.090000 | - | ||||||||
Equity Funds: | ||||||||||||
Declaration- 2/1/2013 | Ex-Date- 2/13/2013 | Record- 2/15/2013 | Payable- 2/28/2013 | |||||||||
Fund | Ticker | Distribution | Change From Prior Distribution | ||||||||
BlackRock Global Opportunities Equity Trust* | BOE | $0.311650 | - | ||||||||
BlackRock S&P Quality Rankings Global Equity Managed Trust* | BQY | $0.230000 | -$0.020000 | ||||||||
BlackRock Utility and Infrastructure Trust* | BUI | $0.362500 | - | ||||||||
* 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 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 2013 will be made after the end of the year.
BlackRock Enhanced Government Fund, Inc. (NYS: EGF) , BlackRock Global Opportunities Equity Trust (NYS: BOE) , BlackRock S&P Quality Rankings Global Equity Managed Trust (NYSE MKT:BQY) and BlackRock Utility and Infrastructure Trust (NYS: BUI) (collectively, the "Plan Funds") have adopted a level distribution plan (a "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 Plan Fund's Board of Directors/Trustees. Under its Plan, each Plan Fund 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, each Plan Fund will distribute long-term capital gains and/or return capital to its shareholders in order to maintain a level distribution.
The Plan Funds' estimated sources of the distributions paid as of January 9, 2013 or November 30, 2012, as applicable, and for their current fiscal year are as follows:
Estimated Allocations as of January 9, 2013 | |||||||||||||||
Plan Fund | Distribution | Net Investment Income | Net Realized Short-Term Gains | Net Realized Long-Term Gains | Return of Capital | ||||||||||
EGF1 | $0.065000 | $0.029652 (46%) | $0 (0%) | $0 (0%) | $0.035348 (54%) | ||||||||||
Estimated Allocations as of November 30, 2012 | |||||||||||||||
Plan Fund | Distribution | Net Investment Income | Net Realized Short-Term Gains | Net Realized Long-Term Gains | Return of Capital | ||||||||||
BOE1 | $0.311650 | $0.024109 (8%) | $0 (0%) | $0 (0%) | $0.287541 (92%) | ||||||||||
BQY1 | $0.250000 | $0.078451 (31%) | $0 (0%) | $0 (0%) | $0.171549 (69%) | ||||||||||
BUI1 | $0.362500 | $0.113078 (31%) | $0.112849 (31%) | $0 (0%) | $0.136573 (38%) | ||||||||||
Estimated Allocations for the fiscal year through January 9, 2013 | |||||||||||||||
Plan Fund | Distribution | Net Investment Income | Net Realized Short-Term Gains | Net Realized Long-Term Gains | Return of Capital | ||||||||||
EGF1 | $0.065000 | $0.029652 (46%) | $0 (0%) | $0 (0%) | $0.035348 (54%) | ||||||||||
Estimated Allocations for the fiscal year through November 30, 2012 | |||||||||||||||
Plan Fund | Distribution | Net Investment Income | Net Realized Short-Term Gains | Net Realized Long-Term Gains | Return of Capital | ||||||||||
BOE1 | $0.311650 | $0.024109 (8%) | |||||||||||||
