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MYD (BlackRock MuniYield Fund, Inc.) is no longer actively trading.
This usually means the fund has been liquidated, merged into another product, or its ticker has been retired. Every price, valuation, dividend, and analyst figure on this page is frozen at the last available trading session and reads as historical reference — not a current-day signal.
Congress Park Capital LLC cut its holdings in BlackRock MuniYield Fund, Inc. (NYSE: MYD) by 38.1% during the undefined quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 450,000 shares of the financial services provider's stock after selling 277,500 shares during the quarter.
BlackRock MuniYield Fund, Inc. (NYSE: MYD - Get Free Report) saw a significant growth in short interest in October. As of October 15th, there was short interest totaling 72,400 shares, a growth of 60.5% from the September 30th total of 45,100 shares. Based on an average daily volume of 100,600 shares, the short-interest ratio is presently
BlackRock MuniYield is a selective, leveraged, closed-end municipal bond fund focused on long tenor and high credit quality holdings. MYD's headline yield is boosted by significant return of capital, so true income yield is closer to 4.55%-4.88% after adjusting for RoC. The fund's strategy prioritizes low credit risk and long duration, exposing investors to higher interest rate risk and potential capital decline as rates rise.
NEW YORK--(BUSINESS WIRE)--Certain BlackRock closed-end funds (the “Funds”) announced distributions today as detailed below. Municipal Funds: Declaration- 3/1/2024 Ex-Date- 3/14/2024 Record- 3/15/2024 Payable- 4/1/2024 National Funds Ticker Distribution Change From Prior Distribution BlackRock Municipal Income Quality Trust* BYM $0.052500 - BlackRock Long-Term Municipal Advantage Trust* BTA $0.043500 - BlackRock MuniAssets Fund, Inc.* MUA $0.055500 - BlackRock Municipal Income Fund, Inc.
NEW YORK--(BUSINESS WIRE)--Certain BlackRock closed-end funds (the “Funds”) announced distributions today as detailed below. BlackRock Floating Rate Income Trust (NYSE: BGT), BlackRock Floating Rate Income Strategies Fund, Inc. (NYSE: FRA) and BlackRock Debt Strategies Fund, Inc. (NYSE: DSU) announced increases to their monthly distributions. Certain BlackRock municipal Funds previously declared their December, January and February distributions and declared special distributions today in order.
NEW YORK--(BUSINESS WIRE)--Certain BlackRock closed-end funds (the “Funds”) announced distributions today as detailed below. Municipal Funds: Declaration- 5/1/2023 Ex-Date- 5/12/2023 Record- 5/15/2023 Payable- 6/1/2023 National Funds Ticker Distribution Change From Prior Distribution BlackRock Municipal Income Quality Trust* BYM $0.038000 - BlackRock Long-Term Municipal Advantage Trust BTA $0.043500 - BlackRock MuniAssets Fund, Inc.* MUA $0.040500 - BlackRock Municipal Income Fund, Inc. MUI $0.034000 - BlackRock Municipal Income Trust BFK $0.030500 - BlackRock Investment Quality Municipal Trust, Inc.* BKN $0.039500 - BlackRock Municipal Income Trust II* BLE $0.034000 - BlackRock Municipal 2030 Target Term Trust BTT $0.056400 - BlackRock MuniHoldings Fund MHD $0.035500 - BlackRock MuniYield Quality Fund II, Inc.* MQT $0.035000 - BlackRock MuniYield Quality Fund, Inc.* MQY $0.043500 - BlackRock MuniHoldings Quality Fund II, Inc. MUE $0.029000 - BlackRock MuniVest Fund II, Inc. MVT $0.031500 - BlackRock MuniYield Fund, Inc.* MYD $0.036500 - BlackRock MuniYield Quality Fund III, Inc. MYI $0.040500 - BlackRock MuniVest Fund, Inc.* MVF $0.021000 - BlackRock 2037 Municipal Target Term Trust BMN $0.093750 - State-Specific Funds Ticker Distribution Change From Prior Distribution BlackRock MuniHoldings California Quality Fund, Inc. MUC $0.033500 - BlackRock California Municipal Income Trust BFZ $0.039000 - BlackRock MuniYield Michigan Quality Fund, Inc.* MIY $0.034500 - BlackRock MuniHoldings New Jersey Quality Fund, Inc.* MUJ $0.037500 - BlackRock MuniHoldings New York Quality Fund, Inc.* MHN $0.033500 - BlackRock MuniYield New York Quality Fund, Inc.* MYN $0.031500 - BlackRock New York Municipal Income Trust* BNY $0.030500 - BlackRock MuniYield Pennsylvania Quality Fund* MPA $0.034000 - BlackRock Virginia Municipal Bond Trust* BHV $0.026500 - Taxable Municipal Fund: Declaration- 5/1/2023 Ex-Date- 5/12/2023 Record- 5/15/2023 Payable- 5/31/2023 Fund Ticker Distribution Change From Prior Distribution BlackRock Taxable Municipal Bond Trust* BBN $0.102900 - Taxable Fixed Income Funds: Declaration- 5/1/2023 Ex-Date- 5/12/2023 Record- 5/15/2023 Payable- 5/31/2023 Fund Ticker Distribution Change From Prior Distribution BlackRock Floating Rate Income Trust BGT $0.108300 - BlackRock Core Bond Trust* BHK $0.074600 - BlackRock Multi-Sector Income Trust* BIT $0.123700 - BlackRock Income Trust, Inc.* BKT $0.088200 - BlackRock Limited Duration Income Trust* BLW $0.098100 - BlackRock Credit Allocation Income Trust* BTZ $0.083900 - BlackRock Debt Strategies Fund, Inc.* DSU $0.086800 - BlackRock Enhanced Government Fund, Inc.* EGF $0.041000 - BlackRock Floating Rate Income Strategies Fund, Inc. FRA $0.111600 - BlackRock Corporate High Yield Fund, Inc.* HYT $0.077900 - Equity Funds: Declaration- 5/1/2023 Ex-Date- 5/12/2023 Record- 5/15/2023 Payable- 5/31/2023 Fund Ticker Distribution Change From Prior Distribution BlackRock Resources & Commodities Strategy Trust* BCX $0.051800 - BlackRock Enhanced Equity Dividend Trust* BDJ $0.056200 - BlackRock Energy and Resources Trust* BGR $0.065700 - BlackRock Enhanced International Dividend Trust* BGY $0.033800 - BlackRock Health Sciences Trust* BME $0.213000 - BlackRock Health Sciences Term Trust* BMEZ $0.145000 - BlackRock Enhanced Global Dividend Trust* BOE $0.063000 - BlackRock Utilities, Infrastructure & Power Opportunities Trust* BUI $0.121000 - BlackRock Enhanced Capital and Income Fund, Inc.* CII $0.099500 - BlackRock Science and Technology Trust* BST $0.250000 - BlackRock Science and Technology Term Trust* BSTZ $0.161300 - BlackRock Innovation and Growth Term Trust* BIGZ $0.070000 - Multi-Asset Funds: Declaration- 5/1/2023 Ex-Date- 5/12/2023 Record- 5/15/2023 Payable- 5/31/2023 Fund Ticker Distribution Change From Prior Distribution BlackRock Capital Allocation Term Trust* BCAT $0.127500 - BlackRock ESG Capital Allocation Term Trust* ECAT $0.125000 - * In order to comply with the requirements of Section 19 of the Investment Company Act of 1940, as amended (the “1940 Act”), each of the Funds noted above posted to the DTC bulletin board and sent to its shareholders of record as of the applicable record date a Section 19 notice with the previous distribution payment. The Section 19 notice was provided for informational purposes only and not for tax reporting purposes. This information can be found in the “Closed-End Funds” section of www.blackrock.com. As applicable, the final determination of the source and tax characteristics of all distributions in 2023 will be made after the end of the year. 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 Health Sciences Term Trust (NYSE: BMEZ), 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 Term Trust (NYSE: BSTZ), BlackRock Innovation and Growth Term Trust (NYSE: BIGZ), BlackRock Enhanced Government Fund, Inc. (NYSE: EGF), BlackRock Debt Strategies Fund, Inc. (NYSE: DSU), BlackRock Floating Rate Income Strategies Fund, Inc. (NYSE: FRA), BlackRock Floating Rate Income Trust (NYSE: BGT), BlackRock Corporate High Yield Fund, Inc. (NYSE: HYT), BlackRock Credit Allocation Income Trust (NYSE: BTZ), BlackRock Limited Duration Income Trust (NYSE: BLW), BlackRock Core Bond Trust (NYSE: BHK), BlackRock Multi-Sector Income Trust (NYSE: BIT), BlackRock Capital Allocation Term Trust (NYSE: BCAT), and BlackRock ESG Capital Allocation Term Trust (NYSE: ECAT) (collectively, the “Plan Funds”) have adopted a managed distribution plan (a “Plan”) 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 Plan Fund’s Board of Directors/Trustees. Under its Plan, each Plan Fund will distribute all available investment income to its shareholders, consistent with its 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, each Plan Fund will distribute long-term capital gains and/or return capital to its 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 April 28, 2023 Fund Distribution Net Income Net Realized Short-Term Gains Net Realized Long-Term Gains Return of Capital BCX1 $0.051800 $0.023377 (45%) $0 (0%) $0 (0%) $0.028423 (55%) BDJ $0.056200 $0.016209 (29%) $0.027753 (49%) $0.012238 (22%) $0 (0%) BGR1 $0.065700 $0.027266 (42%) $0 (0%) $0 (0%) $0.038434 (58%) BGY1 $0.033800 $0.022310 (66%) $0 (0%) $0 (0%) $0.011490 (34%) BME $0.213000 $0.010252 (5%) $0.031606 (15%) $0.171142 (80%) $0 (0%) BMEZ1 $0.145000 $0 (0%) $0 (0%) $0 (0%) $0.145000 (100%) BOE1 $0.063000 $0.056225 (89%) $0 (0%) $0 (0%) $0.006775 (11%) BUI1 $0.121000 $0 (0%) $0.062667 (52%) $0.058333 (48%) $0 (0%) CII $0.099500 $0.004267 (4%) $0.072886 (74%) $0.022347 (22%) $0 (0%) BST1 $0.250000 $0 (0%) $0 (0%) $0.011870 (5%) $0.238130 (95%) BSTZ1 $0.161300 $0 (0%) $0 (0%) $0.011720 (7%) $0.149580 (93%) BIGZ1 $0.070000 $0 (0%) $0 (0%) $0 (0%) $0.070000 (100%) EGF1 $0.041000 $0.032521 (79%) $0 (0%) $0 (0%) $0.008479 (21%) DSU1 $0.086800 $0.078727 (91%) $0 (0%) $0 (0%) $0.008073 (9%) FRA $0.111600 $0.099467 (89%) $0 (0%) $0 (0%) $0.012133 (11%) BGT $0.108300 $0.097584 (90%) $0 (0%) $0 (0%) $0.010716 (10%) HYT1 $0.077900 $0.053298 (68%) $0 (0%) $0 (0%) $0.024602 (32%) BTZ1 $0.083900 $0.046882 (56%) $0 (0%) $0 (0%) $0.037018 (44%) BLW1 $0.098100 $0.088248 (90%) $0 (0%) $0 (0%) $0.009852 (10%) BHK1 $0.074600 $0.046408 (62%) $0 (0%) $0 (0%) $0.028192 (38%) BIT1 $0.123700 $0.071206 (58%) $0 (0%) $0 (0%) $0.052494 (42%) BCAT1 $0.127500 $0.038356 (30%) $0 (0%) $0 (0%) $0.089144 (70%) ECAT1 $0.125000 $0 (0%) $0 (0%) $0 (0%) $0.125000 (100%) Estimated Allocations for the Fiscal Year through April 28, 2023 Fund Distribution Net Income Net Realized Short-Term Gains Net Realized Long-Term Gains Return of Capital BCX1 $0.207200 $0.069590 (34%) $0 (0%) $0 (0%) $0.137610 (66%) BDJ $0.224800 $0.147390 (66%) $0.036130 (16%) $0.041280 (18%) $0 (0%) BGR1 $0.248400 $0.117180 (47%) $0 (0%) $0 (0%) $0.131220 (53%) BGY1 $0.135200 $0.022310 (17%) $0 (0%) $0 (0%) $0.112890 (83%) BME $0.852000 $0.051020 (6%) $0.264820 (31%) $0.536160 (63%) $0 (0%) BMEZ1 $0.580000 $0 (0%) $0 (0%) $0 (0%) $0.580000 (100%) BOE1 $0.252000 $0.076470 (30%) $0 (0%) $0 (0%) $0.175530 (70%) BUI1 $0.484000 $0.093460 (19%) $0.062670 (13%) $0.212850 (44%) $0.115020 (24%) CII $0.398000 $0.031860 (8%) $0.237280 (60%) $0.128860 (32%) $0 (0%) BST1 $1.000000 $0 (0%) $0 (0%) $0.011870 (1%) $0.988130 (99%) BSTZ1 $0.706600 $0 (0%) $0 (0%) $0.481050 (68%) $0.225550 (32%) BIGZ1 $0.280000 $0 (0%) $0 (0%) $0 (0%) $0.280000 (100%) EGF1 $0.164000 $0.079416 (48%) $0 (0%) $0 (0%) $0.084584 (52%) DSU1 $0.314600 $0.301621 (96%) $0 (0%) $0 (0%) $0.012979 (4%) FRA $0.384000 $0.384000 (100%) $0 (0%) $0 (0%) $0 (0%) BGT $0.372800 $0.372800 (100%) $0 (0%) $0 (0%) $0 (0%) HYT1 $0.311600 $0.205675 (66%) $0 (0%) $0 (0%) $0.105925 (34%) BTZ1 $0.335600 $0.201812 (60%) $0 (0%) $0 (0%) $0.133788 (40%) BLW1 $0.392400 $0.305575 (78%) $0 (0%) $0 (0%) $0.086825 (22%) BHK1 $0.298400 $0.160439 (54%) $0 (0%) $0 (0%) $0.137961 (46%) BIT1 $0.742200 $0.429748 (58%) $0 (0%) $0 (0%) $0.312452 (42%) BCAT1 $0.486600 $0.052887 (11%) $0 (0%) $0 (0%) $0.433713 (89%) ECAT1 $0.475000 $0 (0%) $0 (0%) $0 (0%) $0.475000 (100%) 1The Fund 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 Fund's investment performance and should not be confused with ‘yield’ or ‘income’. When distributions exceed total return performance, the difference will reduce the Fund’s net asset value per share. The amounts and sources of distributions reported are only estimates and are being provided to you pursuant to regulatory requirements and are not being 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 Fund 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. Fund Performance and Distribution Rate Information: Fund Average annual total return (in relation to NAV) for the 5-year period ending on 3/31/2023 Annualized current distribution rate expressed as a percentage of NAV as of 3/31/2023 Cumulative total return (in relation to NAV) for the fiscal year through 3/31/2023 Cumulative fiscal year distributions as a percentage of NAV as of 3/31/2023 BCX 9.38% 5.65% (0.53)% 1.41% BDJ 6.86% 7.81% 0.64% 1.95% BGR 5.52% 5.75% (2.06)% 1.33% BGY 6.09% 6.51% 9.80% 1.63% BME 9.94% 6.10% (1.68)% 1.52% BMEZ* 5.14% 9.31% 2.22% 2.33% BOE 5.72% 6.60% 6.42% 1.65% BUI 9.57% 6.32% 4.35% 1.58% CII 9.63% 6.52% 6.11% 1.63% BST 9.88% 9.41% 12.15% 2.35% BSTZ* 8.88% 9.41% 8.47% 2.65% BIGZ* (25.79)% 9.11% 7.41% 2.28% EGF (1.47)% 4.71% 1.82% 1.18% DSU 4.37% 9.79% 4.31% 2.14% FRA 4.19% 10.29% 4.05% 2.09% BGT 4.22% 10.29% 4.04% 2.09% HYT 4.07% 9.89% 4.85% 2.47% BTZ 2.89% 8.80% 4.64% 2.20% BLW 3.50% 8.59% 3.71% 2.15% BHK 1.44% 7.99% 5.03% 2.00% BIT 3.89% 10.10% 4.48% 4.21% BCAT* 0.51% 8.95% 3.80% 2.10% ECAT* (1.84)% 8.61% 7.34% 2.01% * Portfolio launched within the past 5 years; the performance and distribution rate information presented for this Fund reflects data from inception to 3/31/2023. 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. BlackRock Income Trust, Inc. (NYSE: BKT) and BlackRock Taxable Municipal Bond Trust (NYSE: BBN) have adopted a Plan whereby the Fund will make fixed monthly distributions to common stockholders and will distribute all available net income to its stockholders, consistent with its investment objective and as required by the Code. The fixed amount distributed per share is subject to change at the discretion of BKT and BBN’s Board. If sufficient net income is not available on a monthly basis, a Fund will distribute long-term capital gains and/or return capital to its stockholders in order to maintain a level distribution. BKT and BBN are currently not relying on any exemptive relief from Section 19(b) of the Investment Company Act of 1940, as amended (the “1940 Act”). Each Fund expects that distributions under the Plan will exceed current income and capital gains and therefore will likely include a return of capital. BKT and BBN may make additional distributions from time to time, including additional capital gain distributions at the end of the taxable year, if required to meet requirements imposed by the Code and/or the 1940 Act. BKT and BBN’s estimated sources of the distributions paid as of April 28, 2023 and for its current fiscal year are as follows: Estimated Allocations as of April 28, 2023 Fund Distribution Net Income Net Realized Short-Term Gains Net Realized Long-Term Gains Return of Capital BKT2 $0.088200 $0.034947 (40%) $0 (0%) $0 (0%) $0.053253 (60%) BBN2 $0.102900 $0.072340 (70%) $0 (0%) $0 (0%) $0.030560 (30%) Estimated Allocations for the Fiscal Year through April 28, 2023 Fund Distribution Net Income Net Realized Short-Term Gains Net Realized Long-Term Gains Return of Capital BKT2 $0.352800 $0.139668 (40%) $0 (0%) $0 (0%) $0.213132 (60%) BBN2 $0.411600 $0.307446 (75%) $0 (0%) $0 (0%) $0.104154 (25%) 2The Fund 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 Fund's investment performance and should not be confused with ‘yield’ or ‘income’. When distributions exceed total return performance, the difference will reduce the Fund’s net asset value per share. The amounts and sources of distributions reported are only estimates and are being provided to you pursuant to regulatory requirements and are not being provided for tax reporting purposes. The actual amounts and sources of the amounts for tax reporting purposes will depend upon BKT and BBN’s investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. BKT and BBN will send its stockholders a Form 1099-DIV for the calendar year that will illustrate how to report these distributions for federal income tax purposes. Fund Performance and Distribution Rate Information: Fund Average annual total return (in relation to NAV) for the 5-year period ending on 3/31/2023 Annualized current distribution rate expressed as a percentage of NAV as of 3/31/2023 Cumulative total return (in relation to NAV) for the fiscal year through 3/31/2023 Cumulative fiscal year distributions as a percentage of NAV as 3/31/2023 BKT (0.27)% 7.93% 4.02% 1.98% BBN 1.23% 6.78% 7.15% 1.69% No conclusions should be drawn about BKT or BBN’s investment performance from the amount of the Fund’s distributions or from the terms of the Fund’s Plan. The amount distributed per share under a Plan is subject to change at the discretion of the applicable Fund’s Board. Each Plan will be subject to ongoing review by the Board to determine whether the Plan should be continued, modified or terminated. The Board may amend the terms of a Plan or suspend or terminate a Plan at any time without prior notice to the Fund’s shareholders if it deems such actions to be in the best interest of the Fund or its shareholders. The amendment or termination of a Plan could have an adverse effect on the market price of the Fund's shares. About BlackRock BlackRock’s purpose is to help more and more people experience financial well-being. As a fiduciary to investors and a leading provider of financial technology, we help millions of people build savings that serve them throughout their lives by making investing easier and more affordable. For additional information on BlackRock, please visit www.blackrock.com/corporate Availability of Fund Updates BlackRock will update performance and certain other data for the Funds on a monthly basis on its website in the “Closed-end Funds” section of www.blackrock.com as well as certain other material information as necessary from time to time. Investors and others are advised to check the website for updated performance information and the release of other material information about the Funds. This reference to BlackRock’s website is intended to allow investors public access to information regarding the Funds and does not, and is not intended to, incorporate BlackRock’s website in this release. Forward-Looking Statements This press release, and other statements that BlackRock or a Fund may make, may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act, with respect to a Fund’s or 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 the Funds, 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 Funds or in a Fund’s net asset value; (2) the relative and absolute investment performance of a 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, and regulatory, supervisory or enforcement actions of government agencies relating to a Fund or BlackRock, as applicable; (8) terrorist activities, international hostilities, health epidemics and/or pandemics 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) the impact of BlackRock electing to provide support to its products from time to time; and (11) the impact of problems at other financial institutions or the failure or negative performance of products at other financial institutions. 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.
NEW YORK--(BUSINESS WIRE)--Please replace the release dated April 11, 2023, with the following corrected version due to changes in the table, "Summary of share repurchase activity since Repurchase Program inception as of March 31, 2023". The updated release reads: BLACKROCK CLOSED-END FUND SHARE REPURCHASE PROGRAM UPDATE BlackRock Advisors, LLC (“BlackRock”) released today share repurchase activity for certain BlackRock-advised closed-end funds (the “Funds”) during the quarter ended March 31, 2023. The Funds have authorized open market share repurchase programs (the “Repurchase Programs”) pursuant to which each Fund may repurchase, through November 30, 2023, up to 5% of its outstanding common shares in open market transactions. The Repurchase Programs seek to enhance shareholder value by purchasing Fund shares trading at a discount from their net asset value (“NAV”) per share, which could result in incremental accretion to a Fund’s NAV. Below is a summary of share repurchase activity over this past quarter and since the inception of each Fund’s Repurchase Program: Summary of share repurchase activity during the most recent calendar quarter ended March 31, 2023: Fund Name Ticker Number of Shares Repurchased Total Amount of Shares Repurchased Total Amount of NAV Accretion Average Discount on Days Repurchased BlackRock Energy and Resources Trust BGR 115,340 $1,503,284 $183,604 -11.0% BlackRock Enhanced Global Dividend Trust BOE 154,883 $1,504,183 $220,829 -13.1% BlackRock Enhanced International Dividend Trust BGY 705,341 $3,795,236 $529,887 -12.7% BlackRock Health Sciences Term Trust BMEZ 1,249,867 $20,361,376 $3,428,666 -14.6% BlackRock Science and Technology Term Trust BSTZ 790,769 $13,820,656 $2,364,926 -14.5% BlackRock Innovation and Growth Term Trust BIGZ 2,756,968 $20,553,458 $5,206,390 -20.2% BlackRock Resources & Commodities Strategy Trust BCX 911,703 $9,093,513 $1,185,440 -12.0% BlackRock Floating Rate Income Trust BGT 55,022 $624,592 $74,337 -10.8% BlackRock California Municipal Income Trust BFZ 268,657 $3,046,545 $450,492 -13.0% BlackRock MuniHoldings California Quality Fund, Inc. MUC 872,876 $9,758,699 $1,397,529 -12.9% BlackRock MuniHoldings New Jersey Quality Fund, Inc. MUJ 428,177 $4,960,219 $679,838 -12.7% BlackRock MuniYield Michigan Quality Fund, Inc. MIY 90,280 $1,023,673 $148,720 -13.2% BlackRock MuniYield Pennsylvania Quality Fund MPA 108,177 $1,238,483 $187,682 -13.2% BlackRock New York Municipal Income Trust BNY 44,226 $465,951 $69,125 -13.3% BlackRock MuniHoldings New York Quality Fund, Inc. MHN 157,347 $1,671,582 $236,992 -12.8% BlackRock MuniYield New York Quality Fund, Inc. MYN 225,612 $2,304,892 $337,734 -13.1% BlackRock MuniVest Fund, Inc. MVF 231,970 $1,593,264 $215,807 -12.4% BlackRock MuniVest Fund II, Inc. MVT 89,762 $977,901 $128,391 -12.2% BlackRock Municipal Income Fund, Inc. MUI 464,291 $5,464,305 $724,666 -12.0% BlackRock MuniYield Quality Fund II, Inc. MQT 49,797 $525,487 $64,265 -11.7% BlackRock Municipal Income Trust II BLE 206,278 $2,204,488 $289,103 -12.1% BlackRock MuniYield Fund, Inc. MYD 170,001 $1,833,075 $238,776 -12.0% BlackRock Municipal Income Trust BFK 155,108 $1,553,451 $236,329 -13.4% BlackRock MuniYield Quality Fund III, Inc. MYI 74,396 $824,560 $104,972 -11.7% BlackRock MuniHoldings Quality Fund II, Inc. MUE 42,730 $422,477 $63,748 -13.3% BlackRock MuniHoldings Fund, Inc. MHD 123,671 $1,462,915 $206,875 -12.6% Summary of share repurchase activity since Repurchase Program inception as of March 31, 2023: Fund Name Ticker Number of Shares Repurchased Total Amount of Shares Repurchased Total Amount of NAV Accretion Average Discount on Days Repurchased BlackRock Energy and Resources Trust BGR 1,887,923 $18,613,219 $2,579,377 -12.4% BlackRock Enhanced Equity Dividend Trust BDJ 2,974,888 $23,626,347 $2,641,607 -10.1% BlackRock Enhanced Global Dividend Trust BOE 6,898,230 $70,583,788 $9,290,142 -11.9% BlackRock Enhanced International Dividend Trust BGY 7,948,978 $42,255,016 $5,388,182 -11.6% BlackRock Health Sciences Term Trust BMEZ 4,322,603 $68,190,963 $12,585,445 -15.7% BlackRock Science and Technology Term Trust BSTZ 1,252,057 $21,111,478 $4,056,064 -15.7% BlackRock Innovation and Growth Term Trust BIGZ 16,419,435 $159,541,184 $31,534,448 -18.4% BlackRock Capital Allocation Term Trust BCAT 4,390,352 $67,635,655 $11,547,447 -15.5% BlackRock ESG Capital Allocation Term Trust ECAT 3,325,611 $47,257,972 $9,686,105 -17.1% BlackRock Resources & Commodities Strategy Trust BCX 12,453,003 $99,816,357 $14,454,079 -13.1% BlackRock Science and Technology Trust BST 136,367 $2,799,570 $284,111 -9.1% BlackRock Corporate High Yield Fund, Inc. HYT 4,695,612 $48,249,031 $6,328,699 -11.8% BlackRock Credit Allocation Income Trust BTZ 4,222,616 $52,321,626 $7,126,080 -12.1% BlackRock Debt Strategies Fund, Inc. DSU 4,887,450 $54,871,336 $5,651,691 -9.7% BlackRock Floating Rate Income Strategies Fund, Inc. FRA 2,000,291 $24,605,346 $3,520,574 -12.8% BlackRock Floating Rate Income Trust BGT 1,361,673 $15,886,943 $2,250,227 -12.4% BlackRock Income Trust, Inc. BKT 145,423 $854,488 $1,947,718 -8.7% BlackRock Limited Duration Income Trust BLW 1,341,749 $19,494,225 $2,522,574 -11.4% BlackRock Multi-Sector Income Trust BIT 884,028 $14,722,265 $1,722,801 -10.5% BlackRock California Municipal Income Trust BFZ 1,600,917 $18,801,631 $2,986,304 -13.7% BlackRock MuniHoldings California Quality Fund, Inc. MUC 1,277,872 $14,136,604 $2,034,344 -12.9% BlackRock MuniHoldings New Jersey Quality Fund, Inc. MUJ 488,234 $5,757,038 $805,521 -13.0% BlackRock MuniYield Michigan Quality Fund, Inc. MIY 159,014 $1,910,368 $289,018 -13.5% BlackRock MuniYield Pennsylvania Quality Fund MPA 277,033 $3,222,149 $501,023 -13.2% BlackRock New York Municipal Income Trust BNY 137,102 $1,403,118 $234,883 -12.0% BlackRock MuniHoldings New York Quality Fund, Inc. MHN 411,883 $4,201,213 $622,389 -13.1% BlackRock MuniYield New York Quality Fund, Inc. MYN 566,073 $5,587,232 $832,326 -13.2% BlackRock MuniVest Fund, Inc. MVF 320,688 $2,180,839 $288,856 -12.2% BlackRock MuniVest Fund II, Inc. MVT 89,762 $977,901 $128,391 -12.4% BlackRock Municipal Income Fund, Inc. MUI 464,291 $5,464,305 $724,666 -12.0% BlackRock MuniYield Quality Fund II, Inc. MQT 49,797 $525,487 $64,265 -11.7% BlackRock Municipal Income Trust II BLE 206,278 $2,204,488 $289,103 -12.1% BlackRock MuniYield Fund, Inc. MYD 170,001 $1,833,075 $238,776 -12.0% BlackRock Municipal Income Trust BFK 155,108 $1,553,451 $236,329 -13.4% BlackRock MuniYield Quality Fund III, Inc. MYI 74,396 $824,560 $104,972 -11.7% BlackRock MuniHoldings Quality Fund II, Inc. MUE 42,730 $422,477 $63,748 -13.3% BlackRock MuniHoldings Fund, Inc. MHD 123,671 $1,462,915 $206,875 -12.6% The amount and timing of any repurchases under each Fund’s Repurchase Program will be determined either at the discretion of the Fund’s management or pursuant to predetermined parameters and instructions subject to market conditions. There is no assurance that any Fund will repurchase shares in any particular amounts. A Fund’s repurchase activity will be disclosed in its shareholder report for the relevant fiscal period. Any repurchases made under any Repurchase Program will be made on a national securities exchange at the prevailing market price, subject to exchange requirements and certain volume and timing limitations and other regulations under federal securities laws. About BlackRock BlackRock’s purpose is to help more and more people experience financial well-being. As a fiduciary to investors and a leading provider of financial technology, we help millions of people build savings that serve them throughout their lives by making investing easier and more affordable. For additional information on BlackRock, please visit www.blackrock.com/corporate | Twitter: @blackrock | LinkedIn: www.linkedin.com/company/blackrock Availability of Fund Updates BlackRock will update performance and certain other data for the Funds on a monthly basis on its website in the “Closed-end Funds” section of www.blackrock.com as well as certain other material information as necessary from time to time. Investors and others are advised to check the website for updated performance information and the release of other material information about the Funds. This reference to BlackRock’s website is intended to allow investors public access to information regarding the Funds and does not, and is not intended to, incorporate BlackRock’s website in this release. Forward-Looking Statements This press release, and other statements that BlackRock or a Fund may make, may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act, with respect to a Fund’s or 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 the Funds, 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 Funds or in a Fund’s net asset value; (2) the relative and absolute investment performance of a 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, and regulatory, supervisory or enforcement actions of government agencies relating to a Fund or BlackRock, as applicable; (8) terrorist activities, international hostilities, health epidemics and/or pandemics 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) the impact of BlackRock electing to provide support to its products from time to time; and (11) the impact of problems at other financial institutions or the failure or negative performance of products at other financial institutions. 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.
NEW YORK--(BUSINESS WIRE)--Please replace the release dated April 11, 2023, with the following corrected version due to changes in the table, "Summary of share repurchase activity since Repurchase Program inception as of March 31, 2023".