Data as of

Closed-End Taxable Fixed Income Funds

April 30, 2024

Latest

3 Month

Distribution

3 Month

Declared

Avg. Earned

Coverage

Avg. UNII

Leverage

Fund Name

Ticker

Distribution1

Rate2

Ratio3

Balance4

(%)5

Floating Rate

Floating Rate Income Strategies Fund, Inc.6

FRA

0.12384

0.10105

81.6%

(0.0539)

21.9%

Floating Rate Income Trust6

BGT

0.12028

0.09988

83.0%

(0.0530)

23.7%

Debt Strategies Fund, Inc.6

DSU

0.09873

0.08210

83.2%

(0.0471)

20.1%

High Yield

Corporate High Yield Fund, Inc.6

HYT

0.07790

0.06398

82.1%

(0.0295)

26.0%

Multi-Sector

Limited Duration Income Trust6

BLW

0.10790

0.09550

88.5%

(0.0445)

37.3%

Core Bond Trust6

BHK

0.07460

0.04674

62.7%

(0.1163)

33.3%

Multi-Sector Income Trust6

BIT

0.12370

0.07591

61.4%

(0.1039)

35.3%

Credit

Credit Allocation Income Trust6

BTZ

0.08390

0.05446

64.9%

(0.1262)

37.0%

Government &

Mortgages

Enhanced Government Fund, Inc.6

EGF

0.04100

0.02908

70.9%

(0.0285)

0.0%

Income Trust Inc.6

BKT

0.08820

0.03283

37.2%

(0.1295)

29.5%

Taxable Municipal

Taxable Municipal Bond Trust6

BBN

0.092900

0.075259

81.0%

(0.0517)

32.9%

1 Latest Declared Distribution is the regular monthly cash distribution. Not reflected in 3-month average UNII ending balances.

2

Represents estimated Average Earned Income per share over the past three months, as of 4/30/2024

3

Distribution Coverage Ratio is calculated dividing the 3 Month Avg. Earned by the Latest Declared Distribution as of 4/30/2024

4 Represents an Estimate of Average Undistributed Net Investment Income balance over the past three months, as of 4/30/2024

5

Represents % of Total Assets represented by bank borrowings or reverse repurchase agreements outstanding, as of 4/30/2024

6 FRA, BGT, DSU, HYT, BLW, BHK, BIT, BTZ, and EGF, BKT and BBN (the "Funds") have adopted a level distribution plan (the "Plan") whereby the Funds will make fixed monthly distributions to common stockholders and will distribute all available investment income to its stockholders, consistent with their investment objective and as required by the Code.

If sufficient investment income is not available on a monthly basis, the Funds will distribute long-term capital gains and/or return capital to its stockholders in order to maintain a level distribution. The Funds are not relying on anyexemptive relief from Section 19(b) of the 1940 Act. The Funds expect that distributions under the Plan will exceed current income and capital gains and therefore will likely include a return of capital. The fixed amount distributed per share is subject to change at the discretion of the Fund's Board of Directors. The Funds 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.

No conclusions should be drawn about a Fund's investment performance from the amount of the Fund's distributions or from the terms of the Fund's Plan.

The Funds estimate that they have distributed more than their income and net realized capital gains in the current fiscal year; therefore, a portion of the distribution may be a return of capital. A return of capital may occur, for example, when some or all of a 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.

Although the character of income will not be determined until the end of the fund's fiscal year, below are Fund's that have a portion of their distribution classified as return of capital fiscal year to date:

EGF's distribution fiscal year to date is comprised of 27% return of capital as of 4/30/2024 BIT's distribution fiscal year to date is comprised of 35% return of capital as of 4/30/2024 FRA's distribution fiscal year to date is comprised of 18% return of capital as of 4/30/2024 BGT's distribution fiscal year to date is comprised of 17% return of capital as of 4/30/2024 DSU's distribution fiscal year to date is comprised of 17% return of capital as of 4/30/2024 HYT's distribution fiscal year to date is comprised of 18% return of capital as of 4/30/2024 BHK's distribution fiscal year to date is comprised of 36% return of capital as of 4/30/2024 BTZ's distribution fiscal year to date is comprised of 33% return of capital as of 4/30/2024 BLW's distribution fiscal year to date is comprised of 10% return of capital as of 4/30/2024 BKT's distribution fiscal year to date is comprised of 62% return of capital as of 4/30/2024 BBN's distribution fiscal year to date is comprised of 18% return of capital as of 4/30/2024

The Funds will send their shareholders a Form 1099-DIV for the calendar year that will illustrate how its distributions should be reported for federal income incomet tax purposes. Click here to access BlackRock Closed-EndFund press releases.

Click here to access BlackRock Closed-End Fund Section 19 notices.

Distributions and yields may be affected by: 1) changes in the portfolio as when bonds paying higher interest rates are called or mature and are replaced by bonds paying lower current interest rates and 2) in the case of leveraged funds, by changes in the variable rate paid by the fund for leverage. Current year distributions are not classified as "Income", "Short-Term Capital Gains", "Long Term Capital Gains", or "Return of Capital" until calendar year-end.

Investment return, price, yields and NAV will fluctuate with changes in market conditions. At the time of sale, your shares may have a market price that is above or below net asset value, and may be worth more or less than your original investment. Closed-end funds often trade at a discount to NAV but may trade at a premium. There is no assurance that a fund will meet its investment objective. The information contained herein represents past performance and is no guarantee of future. results; current performance may be lower or higher than indicated here. Please visit www.blackrock.com for the most up to date information about the funds.

All investors should consider the investment objective, risks, charges and expenses before investing. This and other information can be found in the Fund's prospectus

or shareholder report, as applicable, which may be obtained by visiting the SEC Edgar database. All investors are urged to carefully read the Fund's prospectus or shareholder report, as applicable, in its entirety before investing. There is no assurance any fund will achieve its objectives. The information contained herein is not complete and may be changed.

This document is not an offer to sell a fund's securities and is not soliciting an offer to buy a fund's securities in any jurisdiction where the offer or sale is not permitted.

USWAM0524U/S-3582080-1/1

Attachments

  • Original Link
  • Original Document
  • Permalink

Disclaimer

BlackRock Core Bond Trust published this content on 30 April 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 May 2024 19:03:09 UTC.