Certain BlackRock Closed-End Funds Announce Estimated Sources of Distributions
NEW YORK--(BUSINESS WIRE)--March 31, 2025--
Today, BlackRock Resources & Commodities Strategy Trust $(BCX)$, BlackRock Enhanced Equity Dividend Trust $(BDJ)$, BlackRock Energy and Resources Trust $(BGR)$, BlackRock Enhanced International Dividend Trust $(BGY)$, BlackRock Health Sciences Trust $(BME)$, BlackRock Health Sciences Term Trust $(BMEZ)$, BlackRock Enhanced Global Dividend Trust $(BOE)$, BlackRock Utilities, Infrastructure & Power Opportunities Trust $(BUI)$, BlackRock Enhanced Large Cap Core Fund, Inc. $(CII)$, BlackRock Science and Technology Trust (NYSE: BST), BlackRock Science and Technology Term Trust $(BSTZ)$, BlackRock Technology and Private Equity Term Trust (NYSE: BTX), BlackRock Capital Allocation Term Trust $(BCAT)$, and BlackRock ESG Capital Allocation Term Trust $(ECAT)$ (collectively, the "Funds") paid the following distributions per share:
Fund Pay Date Per Share ----- ------------------ --------- BCX February 28, 2025 $0.069700 ----- ------------------ --------- BDJ February 28, 2025 $0.061900 ----- ------------------ --------- BGR February 28, 2025 $0.097300 ----- ------------------ --------- BGY February 28, 2025 $0.042600 ----- ------------------ --------- BME February 28, 2025 $0.262100 ----- ------------------ --------- BMEZ February 28, 2025 $0.176300 ----- ------------------ --------- BOE February 28, 2025 $0.082700 ----- ------------------ --------- BUI February 28, 2025 $0.136000 ----- ------------------ --------- CII February 28, 2025 $0.141000 ----- ------------------ --------- BST February 28, 2025 $0.250000 ----- ------------------ --------- BSTZ February 28, 2025 $0.223050 ----- ------------------ --------- BTX February 28, 2025 $0.086150 ----- ------------------ --------- BCAT February 28, 2025 $0.287230 ----- ------------------ --------- ECAT February 28, 2025 $0.306280 ----- ------------------ ---------
Each of the Funds has adopted a managed distribution plan (the "Plan") to support a level monthly distribution of income, capital gains and/or return of capital, or in the case of BMEZ, BSTZ, BTX, BCAT and ECAT a monthly distribution based on an annual rate of 12% (for BMEZ, BSTZ and BTX) and 20% (for BCAT and ECAT) of the Fund's 12-month rolling average daily net asset value calculated 5 business days prior to declaration date of each distribution. The fixed amounts distributed per share or distribution rate, as applicable, are subject to change at the discretion of each Fund's Board of Directors/Trustees. Under its Plan, each Fund will distribute all available net income to its shareholders, consistent with its investment objectives and as required by the Internal Revenue Code of 1986, as amended (the "Code"). If sufficient income (inclusive of net investment income and short-term capital gains) is not available on a monthly basis, the Funds will distribute long-term capital gains and/or return capital to their shareholders in order to maintain a level distribution.
Each Fund's estimated sources of the distributions paid March 31, 2025 and for its current fiscal year are as follows:
Estimated Allocations as of March 31, 2025
--------------------------------------------------------------------------------------------
Net Realized
Short-Term Net Realized Return of
Fund Distribution Net Income Gains Long-Term Gains Capital
-------- ------------ --------------- --------------- ---------------- ----------------
BCX(1) $0.069700 $0.040443 (58%) $0 (0%) $0 (0%) $0.029257 (42%)
-------- ------------ --------------- --------------- ---------------- ----------------
BDJ(1) $0.061900 $0.017107 (28%) $0 (0%) $0 (0%) $0.044793 (72%)
-------- ------------ --------------- --------------- ---------------- ----------------
BGR(1) $0.097300 $0.013323 (14%) $0 (0%) $0 (0%) $0.083977 (86%)
-------- ------------ --------------- --------------- ---------------- ----------------
BGY(1) $0.042600 $0 (0%) $0 (0%) $0 (0%) $0.042600 (100%)
-------- ------------ --------------- --------------- ---------------- ----------------
BME $0.262100 $0.007446 (3%) $0 (0%) $0.254654 (97%) $0 (0%)
-------- ------------ --------------- --------------- ---------------- ----------------
BMEZ(1) $0.176300 $0 (0%) $0 (0%) $0 (0%) $0.176300 (100%)
-------- ------------ --------------- --------------- ---------------- ----------------
BOE(1) $0.082700 $0.016158 (20%) $0 (0%) $0 (0%) $0.066542 (80%)
-------- ------------ --------------- --------------- ---------------- ----------------
BUI(1) $0.136000 $0.015342 (11%) $0.120658 (89%) $0 (0%) $0 (0%)
-------- ------------ --------------- --------------- ---------------- ----------------
CII $0.141000 $0.001783 (1%) $0 (0%) $0.139217 (99%) $0 (0%)
-------- ------------ --------------- --------------- ---------------- ----------------
BST(1) $0.250000 $0 (0%) $0 (0%) $0.250000 (100%) $0 (0%)
-------- ------------ --------------- --------------- ---------------- ----------------
BSTZ $0.223050 $0 (0%) $0.025777 (12%) $0.197273 (88%) $0 (0%)
-------- ------------ --------------- --------------- ---------------- ----------------
BTX(1) $0.086150 $0 (0%) $0 (0%) $0 (0%) $0.086150 (100%)
-------- ------------ --------------- --------------- ---------------- ----------------
BCAT(1) $0.287230 $0.032707 (11%) $0 (0%) $0 (0%) $0.254523 (89%)
-------- ------------ --------------- --------------- ---------------- ----------------
ECAT(1) $0.306280 $0.017283 (6%) $0 (0%) $0 (0%) $0.288997 (94%)
-------- ------------ --------------- --------------- ---------------- ----------------
Estimated Allocations for the Fiscal Year through March 31, 2025
---------------------------------------------------------------------------------------------
Net Realized
Short-Term Net Realized Return of
Fund Distribution Net Income Gains Long-Term Gains Capital
-------- ------------ ---------------- --------------- ---------------- ----------------
BCX(1) $0.209100 $0.062983 (30%) $0 (0%) $0 (0%) $0.146117 (70%)
-------- ------------ ---------------- --------------- ---------------- ----------------
BDJ $0.185700 $0.185700 (100%) $0 (0%) $0 (0%) $0 (0%)
-------- ------------ ---------------- --------------- ---------------- ----------------
BGR(1) $0.291900 $0.100094 (34%) $0 (0%) $0 (0%) $0.191806 (66%)
-------- ------------ ---------------- --------------- ---------------- ----------------
BGY(1) $0.127800 $0.001421 (1%) $0 (0%) $0 (0%) $0.126379 (99%)
-------- ------------ ---------------- --------------- ---------------- ----------------
BME $0.786300 $0.007320 (1%) $0 (0%) $0.778980 (99%) $0 (0%)
-------- ------------ ---------------- --------------- ---------------- ----------------
BMEZ(1) $0.531790 $0 (0%) $0 (0%) $0 (0%) $0.531790 (100%)
-------- ------------ ---------------- --------------- ---------------- ----------------
BOE(1) $0.248100 $0.020832 (8%) $0 (0%) $0 (0%) $0.227268 (92%)
-------- ------------ ---------------- --------------- ---------------- ----------------
BUI(1) $0.408000 $0.036842 (9%) $0.160798 (39%) $0.159227 (39%) $0.051133 (13%)
-------- ------------ ---------------- --------------- ---------------- ----------------
CII $0.423000 $0 (0%) $0 (0%) $0.423000 (100%) $0 (0%)
-------- ------------ ---------------- --------------- ---------------- ----------------
BST(1) $0.750000 $0 (0%) $0 (0%) $0.593064 (79%) $0.156936 (21%)
-------- ------------ ---------------- --------------- ---------------- ----------------
BSTZ $0.664710 $0 (0%) $0.025777 (4%) $0.638933 (96%) $0 (0%)
-------- ------------ ---------------- --------------- ---------------- ----------------
BTX(1) $0.259530 $0 (0%) $0 (0%) $0 (0%) $0.259530 (100%)
-------- ------------ ---------------- --------------- ---------------- ----------------
BCAT(1) $0.864550 $0.039372 (5%) $0 (0%) $0 (0%) $0.825178 (95%)
-------- ------------ ---------------- --------------- ---------------- ----------------
ECAT(1) $0.920640 $0.017283 (2%) $0 (0%) $0 (0%) $0.903357 (98%)
-------- ------------ ---------------- --------------- ---------------- ----------------
(MORE TO FOLLOW) Dow Jones Newswires
March 31, 2025 17:35 ET (21:35 GMT)
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