BlackRock Funds Update: Distribution Dates and Amounts

Distribution Announcements for BlackRock Closed-End Funds

Recently, some closed-end funds managed by BlackRock have made significant announcements regarding their distributions. Understanding these distribution updates can provide valuable insights for investors looking to strategize their portfolios effectively.

Key Distribution Dates

The announced distributions have various key dates associated with them. For instance, funds within their municipal sector will have the following dates:

Municipal Funds:

Declaration Date - 11/1/2024
Ex-Date - 11/15/2024
Record Date - 11/15/2024
Payable Date - 12/2/2024

National Funds Overview

Investors interested in national funds should note the following key information regarding their distributions:

• BlackRock Municipal Income Quality Trust (Ticker: BYM) - Distribution of $0.055500
• BlackRock Long-Term Municipal Advantage Trust (Ticker: BTA) - Distribution of $0.049500
• BlackRock MuniAssets Fund, Inc (Ticker: MUA) - Distribution of $0.055500
• BlackRock Municipal Income Fund, Inc. (Ticker: MUI) - Distribution of $0.055000
• BlackRock Municipal Income Trust (Ticker: BFK) - Distribution of $0.050000
• BlackRock Investment Quality Municipal Trust, Inc. (Ticker: BKN) - Distribution of $0.057000
• BlackRock Municipal Income Trust II (Ticker: BLE) - Distribution of $0.054000
• BlackRock Municipal 2030 Target Term Trust (Ticker: BTT) - Distribution of $0.046400
• BlackRock MuniHoldings Fund (Ticker: MHD) - Distribution of $0.059500

Taxable Municipal Fund Update

In a related announcement, the taxable municipal fund will also have these dates:

Declaration Date - 11/1/2024
Ex-Date - 11/15/2024
Record Date - 11/15/2024
Payable Date - 11/29/2024

Performance Metrics and Distribution Sources

Distributions are structured based on various performance metrics, and it's crucial for stakeholders to keep track of these elements. In particular, all funds will provide regular updates on how their distributions are sourced. This may include net investment income and realized capital gains. Understanding these components can help investors grasp how distribution amounts are calculated.

The following funds are committed to a level monthly distribution approach:

• BlackRock Resources & Commodities Strategy Trust (Ticker: BCX)
• BlackRock Enhanced Equity Dividend Trust (Ticker: BDJ)
• BlackRock Energy and Resources Trust (Ticker: BGR)
• BlackRock Enhanced International Dividend Trust (Ticker: BGY)
• BlackRock Health Sciences Trust (Ticker: BME)
• BlackRock Enhanced Global Dividend Trust (Ticker: BOE)
• BlackRock Utilities, Infrastructure & Power Opportunities Trust (Ticker: BUI)
• BlackRock Enhanced Capital and Income Fund (Ticker: CII)
• BlackRock Science and Technology Trust (Ticker: BST)
• BlackRock Capital Allocation Term Trust (Ticker: BCAT)
• BlackRock ESG Capital Allocation Term Trust (Ticker: ECAT)
• BlackRock Science and Technology Term Trust (Ticker: BSTZ)
• BlackRock Health Sciences Term Trust (Ticker: BMEZ)
• BlackRock Innovation and Growth Term Trust (Ticker: BIGZ)

Conclusion and Investor Insights

In conclusion, BlackRock’s updates regarding its funds provide excellent insights for investors. The combination of announced distributions, clear communication of dates, and anticipated performance trends positions potential investors favorably as they consider opportunities within these funds. Staying informed about this information can help maximize investment returns.

Frequently Asked Questions

What are the key distribution dates for BlackRock funds?

The key dates include declaration, ex, record, and payable dates which vary by fund. Notably, municipal funds have several upcoming distributions announced for 11/1/2024.

How are distributions calculated for BlackRock funds?

Distributions are calculated based on net investment income, realized capital gains, and the fund's performance metrics.

Which funds have adopted managed distribution plans?

Several funds including BlackRock Resources & Commodities Strategy Trust and BlackRock Enhanced Equity Dividend Trust have adopted managed distribution plans to ensure steady returns.

What are typical distributions for the municipal funds?

Municipal funds typically have varying distributions, for instance, BlackRock Municipal Income Quality Trust offers $0.055500 per share.

Where can I find ongoing updates about the funds?

Updates can be found on BlackRock's website, specifically in the closed-end funds section where performance information is regularly posted.

About The Author

My name is Dylan Bailey, and I am 28 years old. I am an author and an expert on the stock market who specializes in publicly traded companies. Early fascination with the stock market inspired me to seek a finance degree and then delve deeply into the world of stocks. I have developed over the years my abilities to spot investment prospects, assess business performance, and analyze market trends.

My books and articles try to help regular investors understand the nuances of the stock market. Anyone can, in my opinion, make wise investment choices and succeed financially if they have the correct information and resources. In my writing, I combine in-depth research with practical insights and advice that can be put into action. This is done with the intention of assisting readers in navigating the constantly shifting landscape of publicly traded companies.

In addition to writing, I also host webinars and workshops, where I give presentations and share my knowledge with a wider audience. I also write for top financial journals and show up as a guest analyst on financial news shows. I like to travel, spend time with my family, and keep active by playing different sports when I'm not buried in market research.

My goal is to enable people to choose wisely and consciously in their investments, so taking charge of their financial futures. By my work, I hope to create a community of informed and self-assured investors prepared to take advantage of the chances presented by the stock market.

Contact Dylan Bailey privately here. Or send an email with ATTN: Dylan Bailey as the subject to contact@investorshangout.com.

About Investors Hangout

Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/

The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.