Certain BlackRock closed-end funds (the “Funds”) announced
distributions today as detailed below.
Municipal Funds:
Declaration- 5/1/2013
Ex-Date- 5/13/2013
Record- 5/15/2013
Payable- 6/3/2013
National Funds Ticker
Distribution
Change FromPriorDistribution
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 $0.061000 - BlackRock Municipal Bond Trust BBK $0.078500
- BlackRock Municipal 2020 Term Trust BKK $0.062250 - BlackRock
Municipal Bond Investment Trust BIE $0.076000 - 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 FromPriorDistribution
BlackRock California Municipal Income Trust BFZ $0.077700 -
BlackRock California Municipal 2018 Term Trust BJZ $0.051300 -
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 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 $0.045300 -
BlackRock New York Municipal Income Quality Trust BSE $0.067500 -
BlackRock New York Municipal Bond Trust BQH $0.066500 - BlackRock
New York Municipal Income Trust BNY $0.069000 - BlackRock New York
Municipal Income Trust II BFY $0.070000 - 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 $0.075100 - 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
$0.073000 - Massachusetts Health & Education Tax-Exempt Trust
MHE $0.062500 -
Taxable Municipal Fund:
Declaration- 5/1/2013
Ex-Date- 5/13/2013
Record- 5/15/2013
Payable- 5/31/2013
Fund Ticker Distribution
Change FromPriorDistribution
BlackRock Build America Bond Trust* BBN $0.131800 -
Taxable Funds:
Declaration- 5/1/2013
Ex-Date- 5/13/2013
Record- 5/15/2013
Payable- 5/31/2013
Fund Ticker Distribution
Change FromPriorDistribution
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 - BlackRock Multi-Sector
Income Trust* BIT $0.116700 - 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* 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- 5/1/2013
Ex-Date- 5/13/2013
Record- 5/15/2013
Payable- 5/31/2013
Fund Ticker Distribution
Change FromPriorDistribution
BlackRock Global Opportunities Equity Trust* BOE $0.311650 -
BlackRock S&P Quality Rankings Global Equity Managed Trust* BQY
$0.230000 - 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 dividend 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. (NYSE:EGF), BlackRock
Global Opportunities Equity Trust (NYSE:BOE), BlackRock S&P
Quality Rankings Global Equity Managed Trust (NYSE MKT:BQY) and
BlackRock Utility and Infrastructure Trust (NYSE: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 April 30, 2013 or February 28, 2013, as applicable, and for
their current fiscal year are as follows:
Estimated Allocations as of April
30, 2013
PlanFund
Distribution
Net InvestmentIncome
Net RealizedShort-Term Gains
Net RealizedLong-Term Gains
Return of Capital EGF1 $0.065000
$0.037475 (58%) $0 (0%) $0 (0%)
$0.027525 (42%)
Estimated Allocations as of February 28, 2013
PlanFund
Distribution
Net InvestmentIncome
Net RealizedShort-Term Gains
Net RealizedLong-Term Gains
Return of Capital BOE1 $0.311650
$0.018285 (6%) $0 (0%) $0 (0%)
$0.293365 (94%) BQY1 $0.230000
$0.067997 (30%) $0.045704 (20%)
$0.116299 (50%) $0 (0%) BUI1 $0.362500
$0.173911 (48%) $0.004254 (1%)
$0.028701 (8%) $0.155634 (43%)
Estimated Allocations for the fiscal year through April 30,
2013
PlanFund
Distribution
Net InvestmentIncome
Net RealizedShort-Term Gains
Net RealizedLong-Term Gains
Return of Capital EGF1 $0.195000
$0.126144 (65%) $0 (0%) $0 (0%)
$0.068856 (35%)
Estimated Allocations for
the fiscal year through February 28, 2013
PlanFund
Distribution
Net InvestmentIncome
Net RealizedShort-Term Gains
Net RealizedLong-Term Gains
Return of Capital BOE1 $0.623300
$0.026701 (4%) $0 (0%) $0 (0%)
$0.596599 (96%) BQY1 $0.480000
$0.091573 (19%) $0.091905 (19%)
$0.192085 (40%) $0.104437 (22%) BUI1
$0.725000 $0.197837 (27%) $0.022575
(3%) $0.028701 (4%) $0.475887 (66%)
1 The Plan Fund estimates that it has distributed more than its
income and net realized capital gains in the current fiscal year;
therefore, a portion of the 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 a Plan Fund’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 each Plan Fund’s investment experience
during the remainder of its fiscal year and may be subject to
changes based on tax regulations. Each Plan Fund will send its
shareholders a Form 1099-DIV for the calendar year that will tell
its shareholders how to report these distributions for federal
income tax purposes.
Plan Fund Performance and Distribution Rate
Information: Trust
Average annual totalreturn (in relation
toNAV) for the 5-yearperiod ending on3/31/2013
Annualized currentdistribution
rateexpressed as apercentage of NAV asof 3/31/2013
Cumulative total return(in relation to
NAV) forthe fiscal year through3/31/2013
Cumulative fiscalyear distributionsas a
percentage ofNAV as of3/31/2013
EGF 4.41% 4.89% (0.09)%
0.81% BOE 2.14% 7.99%
9.02% 4.00% BQY 3.05%
6.61% 7.43% 3.45% BUI *
14.04% 6.99% 6.53%
3.50%
* Portfolio launched within the past 5
years; this represents the average annual total return (inrelation
to NAV) from inception to 3/31/2013.
Shareholders should not draw any conclusions about a Plan
Fund’s investment performance from the amount of the Plan Fund’s
current distributions or from the terms of the Plan Fund’s
Plan.
About BlackRock
BlackRock is a leader in investment management, risk management
and advisory services for institutional and retail clients
worldwide. At March 31, 2013, BlackRock’s AUM was $3.936 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 March 31, 2013, the firm has approximately 10,600
employees in 30 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 BlackRock’s website at www.blackrock.com.
Forward-Looking Statements
This press release, and other statements that BlackRock or the
Funds may make, may contain forward-looking statements within the
meaning of the Private Securities Litigation Reform Act, with
respect to the Funds or 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 the Funds, 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 the Funds or
in a Fund’s net asset value; (2) the relative and absolute
investment performance of a 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 Dodd-Frank Wall
Street Reform and Consumer Protection Act, and regulatory,
supervisory or enforcement actions of government agencies relating
to a 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) the impact of BlackRock electing to provide
support to its products from time to time; and (11) the impact of
problems at other financial institutions or the failure or negative
performance of products at other financial institutions.
Annual and Semi-Annual Reports and other regulatory filings of a
Fund with the Securities and Exchange Commission (“SEC”) are
accessible on the SEC's website at www.sec.gov and on
BlackRock’s website at www.blackrock.com, and may discuss
these or other factors that affect the Funds. The information
contained on BlackRock’s website is not a part of this press
release.
Blackrock High Yield Trust (The) (NYSE:BHY)
Historical Stock Chart
From Jun 2024 to Jul 2024
Blackrock High Yield Trust (The) (NYSE:BHY)
Historical Stock Chart
From Jul 2023 to Jul 2024