BlackRock Taxable Closed-End Funds | ||||||
Summary of Dividends Paid | ||||||
Calendar Year 2021 | ||||||
Tax Characteristic as a % of Total Distributions | ||||||
Ordinary Dividends | ||||||
Qualified | Non-Qualified | Long-Term | ||||
Dividend | Dividend | Capital | Return of | |||
Fund Name | Ticker | Income | Income | Gains | Capital | |
BlackRock Taxable Municipal Bond Trust | BBN3,4 | 0.00% | 94.71% | 0.00% | 5.29% | |
BlackRock Capital Allocation Trust | BCAT2,3 | 16.21% | 46.00% | 0.00% | 37.79% | |
BlackRock Resources & Commodities Strategy Trust | BCX1,2,3 | 78.79% | 0.49% | 0.00% | 20.72% | |
BlackRock Enhanced Equity Dividend Trust | BDJ2 | 31.26% | 5.01% | 63.73% | 0.00% | |
BlackRock 2022 Global Income Opportunity Trust | BGIO3 | 0.13% | 2.94% | 0.00% | 96.93% | |
BlackRock Energy and Resources Trust | BGR2,3 | 63.08% | 0.00% | 0.00% | 36.92% | |
BlackRock Floating Rate Income Trust | BGT2,3 | 0.00% | 84.48% | 0.00% | 15.52% | |
BlackRock International Growth and Income Trust | BGY1,2,3 | 27.73% | 43.65% | 0.00% | 28.62% | |
BlackRock Core Bond Trust | BHK2 | 7.30% | 83.69% | 9.01% | 0.00% | |
BlackRock Innovation and Growth Trust | BIGZ2,3 | 0.00% | 0.00% | 0.00% | 100.00% | |
BlackRock Multi-Sector Income Trust | BIT2,3 | 13.05% | 61.91% | 0.00% | 25.04% | |
BlackRock Income Trust, Inc. | BKT3,4 | 0.00% | 71.64% | 0.00% | 28.36% | |
BlackRock Limited Duration Income Trust | BLW2,3 | 5.98% | 80.24% | 0.00% | 13.78% | |
BlackRock Health Sciences Trust | BME2 | 0.17% | 0.00% | 99.83% | 0.00% | |
BlackRock Health Sciences Trust II | BMEZ2 | 1.85% | 55.91% | 42.24% | 0.00% | |
BlackRock Global Opportunities Equity Trust | BOE1,2 | 30.24% | 69.76% | 0.00% | 0.00% | |
BlackRock Science and Technology Trust | BST2 | 0.00% | 0.00% | 100.00% | 0.00% | |
BlackRock Science and Technology Trust II | BSTZ2 | 0.00% | 0.00% | 100.00% | 0.00% | |
Blackrock Credit Allocation Income Trust | BTZ2,3 | 14.91% | 70.43% | 0.00% | 14.66% | |
BlackRock Utilities, Infrastructure, & Power Opportunities Fund | BUI1,2,3 | 25.53% | 24.40% | 19.19% | 30.88% | |
BlackRock Enhanced Capital and Income Fund | CII2 | 4.12% | 0.00% | 95.88% | 0.00% | |
BlackRock Debt Strategies Fund, Inc. | DSU2,3 | 0.81% | 84.10% | 0.00% | 15.09% | |
BlackRock ESG Capital Allocation Trust | ECAT2 | 47.27% | 30.78% | 21.95% | 0.00% | |
BlackRock Enhanced Government Fund, Inc. | EGF2,3 | 0.00% | 61.70% | 0.00% | 38.30% | |
BlackRock Floating Rate Income Strategies Fund, Inc. | FRA2,3 | 0.00% | 83.36% | 0.00% | 16.64% | |
BlackRock Corporate High Yield, Inc. | HYT2,3 | 3.32% | 82.88% | 0.00% | 13.80% |
- Fund passed through foreign withholding taxes
- The fund has adopted a managed distribution plan (the "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 Fund's Board of Directors/Trustees. Under its Plan, each 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, the Funds will distribute long long-term capital gains and/or return capital to their shareholders in order to maintain a level distribution.
- The Fund has distributed more than its income and net-realized capital gains in the current fiscal year; therefore, a portion of the distribution is return of capital. The Fund sends shareholders a 1099-DIV that indicates how distributions should be reported for federal income tax purposes.
- BKT and BBN have adopted a Plan whereby the Fund will make fixed monthly distributions to common stockholders and will distribute all available investment 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's Board of Directors. If sufficient investment income is not available on a monthly basis, the Fund will distribute long term capital gains and/or return capital to its stockholders in order to maintain a level distribution. The Fund is currently
not relying on any exemptive relief from Section 19(b) of the Investment Company Act of 1940, as amended (the "1940 Act"). The Fund expects that distributions under
the Plan will exceed current income and capital gains and therefore will likely include a return of capital. BKT 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.
The amounts and sources of distributions reported are only estimates 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.
Each Fund 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.
Shareholders should not draw any conclusions about any Fund's investment performance from the amount of the distributions or from the terms of a 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.
Carefully consider the Funds' investment objectives, risk factors, and charges and expenses before investing. This and other information can be found in the Funds' prospectuses which may be obtained by visiting the SEC Edgar database. Read the prospectus carefully before investing.
Common shares for most of the closed-end funds identified above are only available for purchase and sale at current market price on a stock
exchange. A closed-end fund's dividend yield, market price and NAV will fluctuate with market conditions. The information for these funds is provided for informational purposes only and does not constitute a solicitation of an offer to buy or sell Fund shares.
Performance results reflect past performance and are no guarantee of future results. Current performance may be lower or higher than the performance data quoted. All returns assume reinvestment of all dividends. The market value and net asset value (NAV) of a fund's shares will fluctuate with market conditions. Closed-end funds may trade at a premium to NAV but often trade at a discount.
The information above represents past distributions and is not indicative of
future distributions. Investment return and principal value of an investment will fluctuate so that an investor's shares, when sold, may be worth more or less than the original cost. Current distributions may be lower or higher than the distributions reflected herein.
Additional Information
For additional information, please visit our website at http://www.blackrock.com/investing/resources/tax-information or contact BlackRock Advisors at (800) 882-0052 Prepared by BlackRock Investments, LLC, member FINRA. ©2022 BlackRock, Inc. All Rights Reserved. BlackRock is a registered trademark of BlackRock, Inc.
All other trademarks are the property of their respective owners
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BlackRock Capital Allocation Trust published this content on 31 January 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 31 January 2022 19:21:06 UTC.