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

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NEW YORK--(BUSINESS WIRE)--

Certain BlackRock closed-end funds (the “Funds”) announced distributions and special distributions today as detailed below.

Quarterly Distributions

Declaration- 12/9/2011 Ex-Date- 12/16/2011 Record- 12/20/2011 Payable- 12/30/2011

Fund       Ticker   Distribution   Change From Prior

Distribution

BlackRock Real Asset Equity Trust* BCF $0.271800 -
BlackRock Resources & Commodities Strategy Trust* BCX $0.350000 -
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 -

Special Distributions

Declaration- 12/9/2011 Ex-Date- 12/16/2011 Record- 12/20/2011 Payable- 12/30/2011

Fund       Ticker   Special Distribution
BlackRock Energy and Resources Trust BGR $0.148000
BlackRock Health Sciences Trust BME $0.963000
BlackRock S&P Quality Rankings Global Equity Managed Trust BQY $0.270000

* 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 distribution 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.

BlackRock Real Asset Equity Trust BCF, BlackRock Resources & Commodities Strategy Trust BCX, BlackRock Enhanced Equity Dividend Trust BDJ, BlackRock Strategic Equity Dividend Trust BDT, BlackRock Equity Dividend Trust BDV, BlackRock Energy and Resources Trust BGR, BlackRock International Growth and Income Trust BGY, BlackRock Health Sciences Trust BME, BlackRock EcoSolutions Investment Trust BQR and BlackRock Enhanced Capital and Income Fund, Inc. 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 September 30, 2011 are as follows:

Estimated Allocations as of September 30, 2011                
Trust       Distribution    

Net Investment

Income

     

Net Realized

Short-Term

Gains

     

Net Realized

Long-Term Gains

      Return of Capital
BCF1       $0.271800     $0.030815 (11%)       $0 (0%)       $0 (0%)       $0.240985 (89%)
BCX1       $0.350000     $0.018405 (5%)       $0.020679 (6%)       $0 (0%)       $0.310916 (89%)
BDJ1       $0.170000     $0.039628 (23%)       $0 (0%)       $0 (0%)       $0.130372 (77%)
BDT1       $0.162500     $0.065986 (41%)       $0 (0%)       $0 (0%)       $0.096514 (59%)
BDV1       $0.162500     $0.059531 (37%)       $0 (0%)       $0 (0%)       $0.102969 (63%)
BGR       $0.405000     $0.009472 (2%)       $0.395528 (98%)       $0 (0%)       $0 (0%)
BGY1       $0.340000     $0.014472 (4%)       $0 (0%)       $0 (0%)       $0.325528 (96%)
BME       $0.384375     $0 (0%)       $0.069515 (18%)       $0.31486 (82%)       $0 (0%)
BQR1       $0.235000     $0.066578 (28%)       $0 (0%)       $0 (0%)       $0.168422 (72%)
CII1       $0.360000     $0.040613 (11%)       $0 (0%)       $0 (0%)       $0.319387 (89%)
                           
 
Estimated Allocations for the fiscal year through September 30, 2011        
Trust       Distribution     Net Investment Income       Net Realized Short-Term Gains       Net Realized Long-Term Gains       Return of Capital
BCF1       $1.087200     $0.099056 (9%)       $0 (0%)       $0 (0%)       $0.988144 (91%)
BCX1       $0.700000     $0.026256 (4%)       $0.098652 (14%)       $0 (0%)       $0.575092 (82%)
BDJ1       $0.830000     $0.145149 (17%)       $0 (0%)       $0 (0%)       $0.684851 (83%)
BDT1       $0.650000     $0.243913 (38%)       $0 (0%)       $0 (0%)       $0.406087 (62%)
BDV1       $0.650000     $0.216089 (33%)       $0 (0%)       $0 (0%)       $0.433911 (67%)
BGR       $1.620000     $0.076221 (5%)       $1.543779 (95%)       $0 (0%)       $0 (0%)
BGY1       $1.360000     $0.130143 (10%)       $0 (0%)       $0 (0%)       $1.229857 (90%)
BME       $2.237500     $0 (0%)       $1.917989 (86%)       $0.319511 (14%)       $0 (0%)
BQR1       $1.070000     $0.099701 (9%)       $0 (0%)       $0 (0%)       $0.970299 (91%)
CII1       $1.690000     $0.329213 (19%)       $0 (0%)       $0 (0%)       $1.360787 (81%)

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:  
Trust      

Average annual

total return (in

relation to NAV) for

the 5-year period

ending on

10/31/2011

     

Annualized current

distribution rate

expressed as a

percentage of NAV as

of 10/31/2011

     

Cumulative total

return (in relation to

NAV) for the fiscal

year through

10/31/2011

     

Cumulative fiscal

year distributions

as a percentage of

NAV as of

10/31/2011

BCF       5.07%       8.73%       0.58%       8.73%
BCX *       (12.88)%       8.32%       (7.80)%       4.16%
BDJ       (1.10)%       8.47%       6.88%       10.34%
BDT       (0.08)%       5.77%       8.31%       5.77%
BDV       (1.77)%       6.41%       8.33%       6.41%
BGR       7.12%       5.72%       16.09%       5.72%
BGY *       (3.43)%       15.60%       (4.55)%       15.60%
BME       7.11%       5.77%       6.43%       8.40%
BQR *       (5.68)%       10.03%       (2.24)%       11.42%
CII       3.15%       10.38%       7.56%       12.18%

* Portfolio launched within the past 5 years; this represents the average annual total return (in relation to NAV) from inception to October 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 September 30, 2011, BlackRock's AUM was $3.345 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 September 30, 2011, the firm has approximately 10,200 employees in 27 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 the Fund or in the Fund's net asset value; (2) the relative and absolute investment performance of the 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 the 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 the 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 the Funds 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
1-800-882-0052

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