Form 8937

(December 2017)

Department of the Treasury Internal Revenue Service

Report of Organizational Actions Affecting Basis of Securities

a See separate instructions.

OMB No. 1545-0123

Part I

Reporting Issuer

1 Issuer's name

BLACKROCK ENHANCED GOVERNMENT FUND, INC.

2 Issuer's employer identification number (EIN)

54-2185310

3 Name of contact for additional information

BlackRock Advisors

4 Telephone No. of contact

(800) 882-0052

5 Email address of contact

mutual_funds_ff_www@blackrock.com

6 Number and street (or P.O. box if mail is not delivered to street address) of contact

One Financial Center

7 City, town, or post office, state, and ZIP code of contact

Boston, MA 02111

8 Date of action

March 21, 2025

9 Classification and description

Common Stock - Regulated Investment Company

10 CUSIP number

09255K108

11 Serial number(s)

n/a

12 Ticker symbol

EGF

13 Account number(s)

n/a

Part II

Organizational Action Attach additional statements if needed. See back of form for additional questions.

  1. Describe the organizational action and, if applicable, the date of the action or the date against which shareholders' ownership is measured for

    the action a The Issuer paid a monthly distribution to common shareholders from January 2025 to March 2025.

    All or a portion of each distribution constitutes a non-taxable return of capital.
  2. Describe the quantitative effect of the organizational action on the basis of the security in the hands of a U.S. taxpayer as an adjustment per share or as a percentage of old basis a The portion of the distribution that constitutes a non-taxable return of capital will decrease a

    U.S. taxpayer's basis in the shares of the Issuer. Please see Statement 1 for the non-taxable return of capital.
  3. Describe the calculation of the change in basis and the data that supports the calculation, such as the market values of securities and the valuation dates a Issuer's current and accumulated earnings and profits were compared to distributions paid during the taxable period

    ended March 21, 2025. The non-taxable return of capital represents the amount of distributions paid during the taxable period ended March 21, 2025 in excess of Issuer's current and accumulated earnings and profits under IRC Section 316.

    For Paperwork Reduction Act Notice, see the separate Instructions. Cat. No. 37752P Form 8937 (12-2017)

    NM0525U-4473154-1/3

    Form 8937 (12-2017) Page 2

    Part II

Organizational Action (continued)
  1. List the applicable Internal Revenue Code section(s) and subsection(s) upon which the tax treatment is based a

    Internal Revenue Code Sections 301, 316, 852
  2. Can any resulting loss be recognized? a No

  3. Provide any other information necessary to implement the adjustment, such as the reportable tax year a See Statement 1 for the per share amounts and dates of distributions impacted by this organizational action. This organizational action is reportable with respect to calendar year 2025.

Sign Here



Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than officer) is based on all information of which preparer has any knowledge.

04/28/2025

Signature a Date a

Print your name a Ed Brodzinski Title a Assistant Treasurer

Paid Preparer Use Only

Print/Type preparer's name

Baruch J. Cohen



Preparer's signature

Date

4/28/2025

Check if self-employed

PTIN

P01269048

Firm's name a Deloitte Tax LLP

Firm's EIN a 86-1065772

Firm's address a 30 Rockefeller Plaza, New York, NY 10112-0015

Phone no. 212-492-4000

Send Form 8937 (including accompanying statements) to: Department of the Treasury, Internal Revenue Service, Ogden, UT 84201-0054

NM0525U-4473154-2/3

STATEMENT 1

BLACKROCK ENHANCED GOVERNMENT FUND, INC.

F.E.I.N. 54-2185310

FOR THE TAXABLE PERIOD ENDED MARCH 24, 2025 ATTACHMENT TO FORM 8937

NON-TAXABLE RETURN OF CAPITAL

Per Share Reduction of

Payable Date Basis in Stock

1/31/2025 0.012121292

2/28/2025 0.012121292

3/21/2025 0.012121292

NM0525U-4473154-3/3

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Blackrock Health Sciences Term Trust published this content on April 28, 2025, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on May 08, 2025 at 07:46 UTC.