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Dividend Dates and Distribution Amounts Announced for BlackRock Closed-End Funds.

NEW YORK New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 -- The Boards of Directors/Trustees of the BlackRock BlackRock Inc. (NYSE: BLK) is a major American investment management firm. As of September 30, 2007, BlackRock’s assets under management totaled $1.3 trillion[2] across fixed income, liquidity, equity, alternative investment and real estate strategies.  Closed-End Funds Closed-end fund

An investment company that issues shares like any other corporation and usually does not redeem its shares. A publicly traded fund sold on stock exchanges or over the counter that may trade above or below its net asset value. Related: Open-end fund.
 listed below announced today dividend dates and distribution rates. The BlackRock Florida Florida, state, United States
Florida (flôr`ĭdə, flŏr`–), state in the extreme SE United States. A long, low peninsula between the Atlantic Ocean (E) and the Gulf of Mexico (W), Florida is bordered by Georgia and
 Insured Municipal 2008 Term Trust (NYSE NYSE

See: New York Stock Exchange

the ratio of bulls to cows. Targets vary widely depending on circumstances and efficiency required.
) decreased its monthly dividend to $0.037500. Details are as follows:
Taxable Closed-End Funds

Declaration - 3/1/06       Ex-Date - 3/13/06
Record Date - 3/15/06      Payable Date - 3/31/06

Trust                                           Ticker Dividend  From
The BlackRock Income Trust, Inc.                 BKT  $0.036787     -
BlackRock Income Opportunity Trust               BNA  $0.061900     -
The BlackRock High Yield Trust*                  BHY  $0.055333     -
BlackRock Core Bond Trust                        BHK  $0.077100     -
BlackRock Strategic Bond Trust*                  BHD  $0.088000     -
The BlackRock Broad Investment Grade 2009 Term
 Trust, Inc.                                     BCT  $0.075000     -
BlackRock Preferred Opportunity Trust            BPP  $0.166667     -
BlackRock Limited Duration Income Trust          BLW  $0.121800     -
BlackRock Global Floating Rate Income Trust      BGT  $0.115000     -

Equity Closed-End Funds

Declaration - 3/1/06       Ex-Date - 3/13/06
Record Date - 3/15/06      Payable Date - 3/31/06

Trust                                           Ticker Dividend  From
BlackRock Dividend Achievers(TM) Trust*          BDV  $0.225000     -
BlackRock Strategic Dividend Achievers(TM)
 Trust*                                          BDT  $0.225000     -
BlackRock Health Sciences Trust*                 BME  $0.384375     -
BlackRock Global Energy and Resources Trust*     BGR  $0.375000     -
BlackRock World Investment Trust*                BWC  $0.113750     -
BlackRock Enhanced Dividend Achievers(TM) Trust* BDJ  $0.101875     -

Municipal Closed-End Funds

Declaration - 3/1/06       Ex-Date - 3/13/06
Record Date - 3/15/06      Payable Date - 4/3/06

                                                           Change From
Trust                                      Ticker Dividend    Prior
The BlackRock Investment Quality Municipal
 Trust, Inc.                                BKN  $0.088250          -
The BlackRock Strategic Municipal Trust     BSD  $0.091625          -
BlackRock Municipal Income Trust            BFK  $0.082625          -
BlackRock Municipal Bond Trust              BBK  $0.086375          -
BlackRock Municipal Income Trust II         BLE  $0.083750          -
BlackRock Insured Municipal Income Trust    BYM  $0.061000          -
BlackRock Insured Municipal 2008 Term
 Trust, Inc.                                BMT  $0.047917
BlackRock Municipal 2020 Term Trust         BKK  $0.066250          -
The BlackRock California Investment Quality
 Municipal Trust, Inc.                      RAA  $0.070600          -
BlackRock California Municipal Income Trust BFZ  $0.076074          -
BlackRock California Municipal Bond Trust   BZA  $0.079656          -
BlackRock California Municipal Income Trust
 II                                         BCL  $0.065500          -
BlackRock California Insured Municipal
 Income Trust                               BCK  $0.058000          -
BlackRock California Municipal 2018 Term
 Trust                                      BJZ  $0.061250          -
The BlackRock Florida Investment Quality
 Municipal Trust                            RFA  $0.070781          -
BlackRock Florida Municipal 2020 Term Trust BFO  $0.055625          -
BlackRock Florida Municipal Income Trust    BBF  $0.075375          -
BlackRock Florida Municipal Bond Trust      BIE  $0.077808          -
BlackRock Florida Insured Municipal Income
 Trust                                      BAF  $0.058000          -
The BlackRock Florida Insured Municipal
 2008 Term Trust                            BRF  $0.037500 ($0.025000)
BlackRock Maryland Municipal Bond Trust     BZM  $0.071350          -
The BlackRock New Jersey Investment Quality
 Municipal Income Trust                     RNJ  $0.070125          -
BlackRock New Jersey Municipal Income Trust BNJ  $0.079625          -
BlackRock New Jersey Municipal Bond Trust   BLJ  $0.078582          -
The BlackRock New York Investment Quality
 Municipal Trust, Inc.                      RNY  $0.073125          -
The BlackRock Municipal Target Term Trust,
 Inc.                                       BMN  $0.031125          -
BlackRock Municipal 2018 Term Trust         BPK  $0.075500          -
BlackRock New York 2018 Municipal Term
 Trust                                      BLH  $0.061250          -
The BlackRock California Insured Municipal
 2008 Term Trust, Inc.                      BFC  $0.064375          -
The BlackRock New York Insured Municipal
 2008 Term Trust, Inc.                      BLN  $0.062500          -
The BlackRock Insured Municipal 2008 Term
 Trust, Inc.                                BRM  $0.066250          -
BlackRock New York Municipal Income Trust   BNY  $0.075339          -
BlackRock New York Municipal Bond Trust     BQH  $0.077099          -
BlackRock New York Municipal Income Trust
 II                                         BFY  $0.059250          -
BlackRock New York Insured Municipal Income
 Trust                                      BSE  $0.058000          -
The BlackRock Pennsylvania Strategic
 Municipal Trust                            BPS  $0.075500          -
BlackRock Virginia Municipal Bond Trust     BHV  $0.072428          -

    * In order to comply with the requirements of Section 19 of the
Investment Company Act of 1940, as amended, the funds noted posted a
Section 19 notice to the DTC bulletin board and sent out to their
registered shareholders a Section 19 notice along with the payment of
dividends declared for the month of February 2006. This notice was not
for tax reporting purposes and was provided only for informational

About BlackRock

BlackRock is one of the largest publicly traded investment management firms in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area.  with approximately $452.7 billion of 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.  at December December: see month.  31, 2005. BlackRock manages assets on behalf of institutional and individual investors worldwide through a variety of equity, fixed income, cash management and alternative investment products. In addition, BlackRock provides risk management, investment system outsourcing (1) Contracting with outside consultants, software houses or service bureaus to perform systems analysis, programming and datacenter operations. Contrast with insourcing. See netsourcing, ASP, SSP and facilities management.  and financial advisory services advisory services

advisory services provided to the public, in their capacity as owners and managers of animals, are an important part of veterinary science. They may be provided by government bureaux, by commercial companies who deal in pharmaceuticals or animals or animal
 to a growing number of institutional investors Institutional Investor

A non-bank person or organization that trades securities in large enough share quantities or dollar amounts that they qualify for preferential treatment and lower commissions.
. 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.
, the firm serves clients from offices in the U.S., Europe Europe (yr`əp), 6th largest continent, c.4,000,000 sq mi (10,360,000 sq km) including adjacent islands (1992 est. pop. 512,000,000).  and Asia. BlackRock is majority owned by The PNC Financial Services PNC Financial Services (NYSE: PNC) is a U.S.-based financial services corporation, with assets of $92.0 billion. PNC operations include a regional banking franchise operating primarily in eight states and the District of Columbia, specialized financial businesses serving  Group, Inc. (NYSE: PNC PNC Purdue University North Central (Westville, Indiana)
PnC Point 'n Click
PNC Police National Computer
PNC People's National Congress (Guyana)
PNC People's National Congress
) and by BlackRock employees. For additional information, please visit the Company's website at

Forward-Looking Statements forward-looking statement

A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections.

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. The information contained on our website is not a part of this press release.

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.

In addition to factors previously disclosed in BlackRock's Securities and Exchange Commission (SEC) reports and those identified elsewhere in this press release, the following factors, among others, could cause actual results to differ materially from forward-looking statements or historical performance: (1) the introduction, withdrawal, success and timing of business initiatives and strategies; (2) changes in political, economic or industry conditions, the interest rate environment or financial and capital markets, which could result in changes in demand for products or services or in the value of assets under management; (3) the relative and absolute investment performance of BlackRock's advised or sponsored investment products and separately managed accounts; (4) the impact of increased competition; (5) the impact of capital improvement projects; (6) the impact of future acquisitions or divestitures; (7) the unfavorable resolution of legal proceedings All actions that are authorized or sanctioned by law and instituted in a court or a tribunal for the acquisition of rights or the enforcement of remedies. ; (8) the extent and timing of any share repurchases Share Repurchase

A program by which a company buys back its own shares from the marketplace, reducing the number of outstanding shares. This is usually an indication that the company's management thinks the shares are undervalued.
; (9) the impact, extent and timing of technological changes and the adequacy of intellectual property protection; (10) the impact of legislative and regulatory actions and reforms and regulatory, supervisory or enforcement actions of government agencies relating to relating to relate prepconcernant

relating to relate prepbez├╝glich +gen, mit Bezug auf +acc 
 BlackRock or PNC; (11) terrorist activities and international hostilities, which may adversely affect the general economy, financial and capital markets, specific industries, and BlackRock; (12) the ability to attract and retain highly talented professionals; (13) fluctuations in foreign currency exchange rates, which may adversely affect the value of advisory fees earned by BlackRock; (14) the impact of changes to tax legislation and, generally, the tax position of the Company; and (15) the ability of BlackRock to consummate To carry into completion; to fulfill; to accomplish.

A Common-Law Marriage is consummated when the parties live in a manner intended to bring about public recognition of their relationship as Husband and Wife.
 its recently announced transaction with Merrill Lynch Merrill Lynch & Co., Inc. (NYSE: MER TYO: 8675 ), through its subsidiaries and affiliates, provides capital markets services, investment banking and advisory services, wealth management, asset management, insurance, banking and related products and services on a global basis.  & Co., Inc. and to realize the benefits of such transaction.

BlackRock's Annual Report on Form 10-K Form 10-K

A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information.

Form 10-K

See 10-K.
 for the year ended December 31, 2004 and BlackRock's subsequent reports filed with the SEC, accessible on the SEC's website at See .gov and GovNet.

(networking) gov - The top-level domain for US government bodies.
 and on BlackRock's website at, discuss these factors in more detail and identify additional factors that can affect forward-looking statements.
COPYRIGHT 2006 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
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Publication:Business Wire
Date:Mar 1, 2006
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