Market Overview

Certain BlackRock Closed-End Funds Announce Estimated Sources of Distributions

Share:

Today, BlackRock Resources & Commodities Strategy Trust (NYSE:BCX), BlackRock Enhanced Equity Dividend Trust (NYSE:BDJ), BlackRock Energy and Resources Trust (NYSE:BGR), BlackRock Enhanced International Dividend Trust (NYSE:BGY), BlackRock Health Sciences Trust (NYSE:BME), BlackRock Enhanced Global Dividend Trust (NYSE:BOE), BlackRock Utilities, Infrastructure & Power Opportunities Trust (NYSE:BUI), BlackRock Enhanced Capital and Income Fund, Inc. (NYSE:CII), BlackRock Science and Technology Trust (NYSE:BST), BlackRock Science and Technology Trust II (NYSE:BSTZ), and BlackRock Enhanced Government Fund, Inc. (NYSE:EGF) (collectively, the "Funds") paid the following distributions per share:

Fund

Pay Date

Per Share

BCX

August 30, 2019

$0.051600

BDJ

August 30, 2019

$0.050000

BGR

August 30, 2019

$0.077600

BGY

August 30, 2019

$0.033800

BME

August 30, 2019

$0.200000

BOE

August 30, 2019

$0.063000

BUI

August 30, 2019

$0.121000

CII

August 30, 2019

$0.082800

BST

August 30, 2019

$0.150000

BSTZ

August 30, 2019

$0.100000

EGF

August 30, 2019

$0.041000

Each of the Funds has adopted a managed distribution plan (the "Plan") and employs 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 Fund's Board of Directors/Trustees. Under its Plan, each 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 (the "Code"). If sufficient investment income 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.

The Funds' estimated sources of the distributions paid this month and for their current fiscal year are as follows:

Estimated Allocations as of August 30, 2019

Fund

Distribution

Net Investment Income

Net Realized Short-Term Gains

Net Realized Long-Term Gains

Return of Capital

BCX1

$0.051600

$0.013112 (25%)

$0 (0%)

$0 (0%)

$0.038488 (75%)

BDJ

$0.050000

$0.016821 (34%)

$0 (0%)

$0.033179 (66%)

$0 (0%)

BGR1

$0.077600

$0.033818 (44%)

$0 (0%)

$0 (0%)

$0.043782 (56%)

BGY1

$0.033800

$0.008466 (25%)

$0 (0%)

$0 (0%)

$0.025334 (75%)

BME1

$0.200000

$0.017701 (9%)

$0 (0%)

$0.001862 (1%)

$0.180437 (90%)

BOE1

$0.063000

$0.016175 (26%)

$0 (0%)

$0 (0%)

$0.046825 (74%)

BUI1

$0.121000

$0.020468 (17%)

$0 (0%)

$0.086403 (71%)

$0.014129 (12%)

CII1

$0.082800

$0.013560 (16%)

$0 (0%)

$0.022138 (27%)

$0.047102 (57%)

BST

$0.150000

$0 (0%)

$0 (0%)

$0.150000 (100%)

$0 (0%)

EGF1

$0.041000

$0.027103 (66%)

$0 (0%)

$0 (0%)

$0.013897 (34%)

BKT1

$0.034400

$0.024207 (70%)

$0 (0%)

$0 (0%)

$0.010193 (30%)

BSTZ1

$0.100000

$0.001602 (2%)

$0 (0%)

$0 (0%)

$0.098398 (98%)

 

Estimated Allocations for the Fiscal Year through August 30, 2019

Fund

Distribution

Net Investment Income

Net Realized Short-Term Gains

View Comments and Join the Discussion!
 
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Daily Analyst Rating
A summary of each day’s top rating changes from sell-side analysts on the street.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com