BlackRock Enhanced Capital and Income Fund : Section 19 Notice - CII October 2023
October 30, 2023 at 07:25 pm EDT
Share
BlackRock Enhanced Capital and Income Fund, Inc.
Cusip: 09256A109
Ticker: CII
Record Date
October 16, 2023
Pay Date
October 31, 2023
Distribution Amount per share
$
0.099500
The following table sets forth the estimated amounts of the current distribution and the cumulative distributions paid this fiscal year to date from the following sources: net income, net realized short-term capital gains, net realized long-term capital gains and return of capital. All amounts are expressed per common share.
% Breakdown of the
% Breakdown
Total Cumulative
Total Cumulative
of the Current
Distributions for the
Distributions for the
Current Distribution
Distribution
Fiscal Year to Date
Fiscal Year to Date
Net Income
$
0.010455
11%
$
0.077230
8%
Net Realized Short-Term Capital Gains
$
-
0%
$
-
0%
Net Realized Long-Term Capital Gains
$
0.089045
89%
$
0.917770
92%
Return of Capital
$
-
0%
$
-
0%
Total (per common share)
$
0.099500
100%
$
0.995000
100%
Average annual total return (in relation to NAV) for the 5-year period ending on September 30, 2023
8.29%
Annualized current distribution rate expressed as a percentage of NAV as of September 30, 2023
6.45%
Cumulative total return (in relation to NAV) for the fiscal year through September 30, 2023
10.79%
Cumulative fiscal year distributions as a percentage of NAV as of September 30, 2023
4.84%
You should not draw any conclusions about the Fund's investment performance from the amount of this distribution or from the terms of the Fund's Managed Distribution Plan.
The amounts and sources of distributions reported in this Notice 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 the Fund's investment experience during
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.
Contact Number: 800-882-0052
NM1023U-3199440-1/1
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Disclaimer
BlackRock Enhanced Capital and Income Fund Inc. published this content on 31 October 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 30 October 2023 23:24:47 UTC.
BlackRock Enhanced Capital and Income Fund, Inc. (the Trust) is a closed-end management investment company. The Trust's investment objective is to provide current income and capital appreciation. It seeks to achieve its investment objective by investing in a portfolio of equity securities of the United States and foreign issuers. The Trust may invest directly in such securities or synthetically through the use of derivatives. The Trust also seeks to achieve its investment objective by employing a strategy of writing (selling) call and put options. In addition to its option strategy on indices, the Trust may pursue a strategy that includes the writing (selling) of both call and put options on individual common stocks. The Trust invests in various sectors, including Information technology, consumer discretionary, communication services, financials, health care, industrials, materials, energy, consumer staples, and real estate. Investment adviser of the Trust is BlackRock Advisors, LLC.