BlackRock Enhanced Capital and Income Fund, Inc.

Frequently Asked Questions About CII

What does CII invest in?

The BlackRock Enhanced Capital and Income Fund, Inc. (CII) functions as a closed-end investment vehicle dedicated to equity securities, originally launched by BlackRock, Inc. Management responsibilities for this fund are handled by BlackRock Advisors, LLC. It strategically deploys capital in public stock markets across the globe, with an objective to acquire holdings in companies that span a wide array of sectors. A key component of its investment strategy also involves the utilization of derivative instruments, notably emphasizing the practice of selling call options. This U.S.-based fund began its operations on April 30, 2004, having previously operated under the name Capital & Income Strategies Fund, Inc.

What is the expense ratio of CII?

BlackRock Enhanced Capital and Income Fund, Inc. (CII) charges an expense ratio of 0.93%. This is the annual fee deducted from fund assets to cover management and operations.

What is CII's dividend yield?

CII's trailing-twelve-month yield is 16.53%, calculated from the sum of dividends over the past year divided by the current price.

How big is CII?

BlackRock Enhanced Capital and Income Fund, Inc. (CII) manages $1.05B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.

Is CII actively managed or an index fund?

CII is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (CII's is 0.93%) in exchange for the discretion to over- or under-weight positions.

When was CII launched?

BlackRock Enhanced Capital and Income Fund, Inc. (CII) launched in April 2004 and is managed by BlackRock.