Certain BlackRock Closed-End Funds Announce Estimated Sources of Distributions.NEW YORK -- Today, BlackRock Real Asset Equity Trust (NYSE NYSE See: New York Stock Exchange : BCF BCF Billion Cubic Feet BCF Bioconcentration Factor BCF British Chess Federation BCF British Coatings Federation BCF Breast Cancer Fund BCF Bank Credit Facility BCF Bulked Continuous Filament BCF British Cycling Federation BCF Boeing Converted Freighter ), BlackRock Enhanced Dividend Achievers(TM) Trust (NYSE: BDJ BDJ British Dental Journal BDJ Banjarmasin, Indonesia - Syamsudin Noor (Airport Code) BDJ Brian d'Arcy James (composer/musician) BDJ Bluray Disc for Java ), BlackRock Strategic Dividend Achievers(TM) Trust (NYSE: BDT BDT In currencies, this is the abbreviation for the Bangladesh Taka. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. ), BlackRock Dividend Achievers(TM) Trust (NYSE: BDV BDV border disease virus. ), BlackRock Energy and Resources Trust (NYSE: BGR BGR Bundesanstalt für Geowissenschaften und Rohstoffe (in Federal Republic of Germany) BGR Bulgaria (ISO Country code) BGR Blue Green Red (uncommon variant of RGB) ), BlackRock International Growth and Income Trust (NYSE: BGY BGY Milan, Italy - Orio Al Serio (Airport Code) BGY Bogie ), BlackRock Health Sciences Trust (NYSE: BME BME abbr. 1. Bachelor of Mechanical Engineering 2. Bachelor of Mining Engineering 3. Bachelor of Music Education ), BlackRock EcoSolutions Investment Trust (NYSE: BQR BQR Best Quality Reception ), BlackRock Enhanced Capital and Income Fund, Inc. (NYSE: CII CII Confederation of Indian Industry CII Chartered Insurance Institute (UK) CII Construction Industry Institute (University of Texas) CII Council of Institutional Investors ), BlackRock Preferred & Equity Advantage Trust (NYSE: BTZ BTZ Below the Zone (promotions) BTZ Below the Treatment Zone ) and BlackRock Enhanced Government Fund, Inc. (NYSE: EGF) (collectively, the "Funds") paid the following dividends per share Dividends per share Dividend paid for the past 12 months divided by the number of common shares outstanding, as reported by a company. The number of shares often is determined by a weighted average of shares outstanding over the reporting term. : Fund < < < < Pay Date Per Share BCF < < < < September 30, 2009 $0.271800 BDJ < < < < September 30, 2009 $0.245000 BDT < < < < September 30, 2009 $0.162500 BDV < < < < September 30, 2009 $0.162500 BGR < < < < September 30, 2009 $0.405000 BGY < < < < September 30, 2009 $0.455100 BME < < < < September 30, 2009 $0.384375 BQR < < < < September 30, 2009 $0.300000 CII < < < < September 30, 2009 $0.485000 BTZ < < < < September 30, 2009 $0.100000 EGF < < < < September 30, 2009 $0.105000 Each of the Funds has adopted a level distribution plan (the "Plan") and employs 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 Fund's Board. 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 The Internal Revenue Code is the body of law that codifies all federal tax laws, including income, estate, gift, excise, alcohol, tobacco, and employment taxes. These laws constitute title 26 of the U.S. Code (26 U.S.C.A. § 1 et seq. of 1986, as amended (the "Code"). If sufficient investment income is not available on a quarterly/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 years are as follows: [TABLE OMITTED] 1The Funds estimate that they have distributed more than their income and 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 a 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 Fund's investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. The Funds 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. [TABLE OMITTED] Shareholders should not draw any conclusions about a Fund's investment performance from the amount of the Fund's current distributions or from the terms of the Fund's Plan. About BlackRock BlackRock is one of the world's largest publicly traded investment management firms. At June 30, 2009, BlackRock's assets under management Assets Under Management (AUM) is a term used by financial services companies in the mutual fund and money management or investment management business to gauge how much money they are managing. were $1.373 trillion. The firm manages assets on behalf of institutions and individuals worldwide through a variety of equity, fixed income, cash management and alternative investment products. In addition, a growing number of institutional investors use BlackRock Solutions([R]) investment system, risk management and financial advisory services. The firm is headquartered in New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. and has employees in 21 countries throughout the U.S., Europe and Asia Pacific. 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 The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and , 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 in political, economic or industry conditions, the interest rate environment or financial and capital markets, which could result in changes in the Fund's net asset value; (2) the performance of the Fund's investments; (3) the impact of increased competition; (4) the extent and timing of any distributions or share repurchases; (5) the impact of legislative and regulatory actions and reforms and regulatory, supervisory or enforcement actions of government agencies relating to the Fund or BlackRock, as applicable; (6) BlackRock's ability to attract and retain highly talented professionals; and (7) the impact of legislative and regulatory actions and reforms and regulatory, supervisory or enforcement actions of government agencies relating to BlackRock, Barclays PLC, Bank of America
Bank of America (NYSE: BAC TYO: 8648 ) is the largest commercial bank in the United States in terms of deposits, and the largest company of its kind in the world. , Merrill Lynch or PNC. The Annual and Semi-Annual Reports and other regulatory filings of the Funds with the 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 our website is not a part of this press release. |
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