Fund | Pay Date | Per Share |
BCX | April 30, 2025 | $0.069700 |
BDJ | April 30, 2025 | $0.061900 |
BGR | April 30, 2025 | $0.097300 |
BGY | April 30, 2025 | $0.042600 |
BME | April 30, 2025 | $0.262100 |
BMEZ | April 30, 2025 | $0.173970 |
BOE | April 30, 2025 | $0.082700 |
BUI | April 30, 2025 | $0.136000 |
CII | April 30, 2025 | $0.141000 |
BST | April 30, 2025 | $0.250000 |
BSTZ | April 30, 2025 | $0.221810 |
BTX | April 30, 2025 | $0.084470 |
BCAT | April 30, 2025 | $0.284750 |
ECAT | April 30, 2025 | $0.303590 |
Each of the Funds has adopted a managed distribution plan (the "Plan") to support a level monthly distribution of income, capital gains and/or return of capital, or in the case of BMEZ, BSTZ, BTX, BCAT and ECAT a monthly distribution based on an annual rate of 12% (for BMEZ, BSTZ and BTX) and 20% (for BCAT and ECAT) of the Fund's 12-month rolling average daily net asset value calculated 5 business days prior to declaration date of each distribution. The fixed amounts distributed per share or distribution rate, as applicable, are subject to change at the discretion of each Fund's Board of Directors/Trustees.
Under its Plan, each Fund will distribute all available net 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 income (inclusive of net investment income and short-term capital gains) is not available on a monthly basis, the Funds will distribute long-term capital gains and/or return capital to their shareholders in order to maintain a level distribution.
Each Fund's estimated sources of the distributions paid April 30, 2025 and for its current fiscal year are as follows:
Estimated Allocations as of April 30, 2025Fund | Distribution | Net Income | Net Realized Short-Term Gains | Net Realized Long-Term Gains | Return of Capital |
BCX1 | $0.069700 | $0.014318 (21%) | $0 (0%) | $0 (0%) | $0.055382 (79%) |
BDJ | $0.061900 | $0.017213 (28%) | $0 (0%) | $0.044687 (72%) | $0 (0%) |
BGR1 | $0.097300 | $0.009538 (10%) | $0 (0%) | $0 (0%) | $0.087762 (90%) |
BGY1 | $0.042600 | $0.028033 (66%) | $0 (0%) | $0 (0%) | $0.014567 (34%) |
BME | $0.262100 | $0.033837 (13%) | $0 (0%) | $0.228263 (87%) | $0 (0%) |
BMEZ1 | $0.173970 | $0.002915 (2%) | $0 (0%) | $0 (0%) | $0.171055 (98%) |
BOE1 | $0.082700 | $0.032501 (39%) | $0 (0%) | $0.050199 (61%) | $0 (0%) |
BUI1 | $0.136000 | $0 (0%) | $0 (0%) | $0.136000 (100%) | $0 (0%) |
CII | $0.141000 | $0.004268 (3%) | $0 (0%) | $0.136732 (97%) | $0 (0%) |
BST1 | $0.250000 | $0 (0%) | $0 (0%) | $0.250000 (100%) | $0 (0%) |
BSTZ | $0.221810 | $0 (0%) | $0 (0%) | $0.221810 (100%) | $0 (0%) |
BTX1 | $0.084470 | $0 (0%) | $0 (0%) | $0 (0%) | $0.084470 (100%) |
BCAT1 | $0.284750 | $0.032379 (11%) | $0 (0%) | $0 (0%) | $0.252371 (89%) |
ECAT1 | $0.303590 | $0.020000 (7%) | $0 (0%) | $0 (0%) | $0.283590 (93%) |
Fund | Distribution | Net Income | Net Realized Short-Term Gains | Net Realized Long-Term Gains | Return of Capital |
BCX1 | $0.278800 | $0.077301 (28%) | $0 (0%) | $0 (0%) | $0.201499 (72%) |
BDJ | $0.247600 | $0.228951 (92%) | $0 (0%) | $0.018649 (8%) | $0 (0%) |
BGR1 | $0.389200 | $0.109633 (28%) | $0 (0%) | $0 (0%) | $0.279567 (72%) |
BGY1 | $0.170400 | $0.029453 (17%) | $0 (0%) | $0 (0%) | $0.140947 (83%) |
BME | $1.048400 | $0.041156 (4%) | $0 (0%) | $1.007244 (96%) | $0 (0%) |
BMEZ1 | $0.705760 | $0 (0%) | $0 (0%) | $0 (0%) | $0.705760 (100%) |
BOE1 | $0.330800 | $0.053333 (16%) | $0 (0%) | $0.174982 (53%) | $0.102485 (31%) |
BUI1 | $0.544000 | $0.033995 (6%) | $0 (0%) | $0.289512 (53%) | $0.220493 (41%) |
CII | $0.564000 | $0 (0%) | $0 (0%) | $0.564000 (100%) | $0 (0%) |
BST1 | $1.000000 | $0 (0%) | $0 (0%) | $0.745341 (75%) | $0.254659 (25%) |
BSTZ | $0.886520 | $0 (0%) | $0 (0%) | $0.886520 (100%) | $0 (0%) |
BTX1 | $0.344000 | $0 (0%) | $0 (0%) | $0 (0%) | $0.344000 (100%) |
BCAT1 | $1.149300 | $0.071752 (6%) | $0 (0%) | $0 (0%) | $1.077548 (94%) |
ECAT1 | $1.224230 | $0.037283 (3%) | $0 (0%) | $0 (0%) | $1.186947 (97%) |
1The Fund estimates that it has distributed more than its income and net-realized capital gains in the current fiscal year; therefore, a portion of your distribution may be a return of capital. A return of capital may occur, for example, when some or all of the 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.
The amounts and sources of distributions reported are only estimates and are being provided to you pursuant to regulatory requirements 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. 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. Fund Performance and Distribution Rate Information:Fund | Average annual total return (in relation to NAV) for the 5-year period ending on 3/31/2025 | Annualized current distribution rate expressed as a percentage of NAV as of 3/31/2025 | Cumulative total return (in relation to NAV) for the fiscal year through 3/31/2025 | Cumulative fiscal year distributions as a percentage of NAV as of 3/31/2025 |
BCX | 18.16% | 8.29% | 7.74% | 2.07% |
BDJ | 14.70% | 8.12% | 3.60% | 2.03% |
BGR | 23.08% | 8.00% | 8.34% | 2.00% |
BGY | 10.49% | 8.49% | 4.20% | 2.12% |
BME | 9.46% | 7.55% | 3.14% | 1.89% |
BMEZ | 5.14% | 13.66% | (3.81%) | 3.48% |
BOE | 11.96% | 8.38% | 0.47% | 2.10% |
BUI | 11.63% | 7.27% | 0.91% | 1.82% |
CII | 15.65% | 8.46% | (4.66%) | 2.12% |
BST | 12.35% | 8.73% | (11.51%) | 2.18% |
BSTZ | 11.05% | 13.91% | (14.50%) | 3.47% |
BTX* | (16.50%) | 15.50% | (18.99%) | 3.97% |
BCAT* | 4.81% | 22.00% | 0.00% | 5.57% |
ECAT* | 5.70% | 22.39% | (2.06%) | 5.66% |
* Portfolio launched within the past 5 years; the performance and distribution rate information presented for this Fund reflects data from inception to 3/31/2025.
Shareholders should not draw any conclusions about a Fund's investment performance from the amount of the Fund's current distributions or from the terms of the Fund's Plan.BlackRock Income Trust, Inc. (NYSE: BKT), BlackRock Debt Strategies Fund, Inc. (NYSE: DSU), BlackRock Floating Rate Income Strategies Fund, Inc. (NYSE: FRA), BlackRock Taxable Municipal Bond Trust (NYSE: BBN), BlackRock Floating Rate Income Trust (NYSE: BGT), BlackRock Corporate High Yield Fund, Inc. (NYSE: HYT), BlackRock Credit Allocation Income Trust (NYSE: BTZ), BlackRock Limited Duration Income Trust (NYSE: BLW), BlackRock Core Bond Trust (NYSE: BHK) and BlackRock Multi-Sector Income Trust (NYSE: BIT) have adopted a Plan to support a level monthly 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 net income to its shareholders, consistent with its investment objectives and as required by the Code. If sufficient income (inclusive of net investment income and short-term capital gains) is not available on a monthly basis, a Fund will distribute long-term capital gains and/or return capital to its stockholders in order to maintain a level distribution. Each of the above-listed Funds is currently not relying on any exemptive relief from Section 19(b) of the Investment Company Act of 1940, as amended (the "1940 Act"). Each Fund expects that distributions under the Plan will exceed current income and capital gains and therefore will likely include a return of capital. Each Fund 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.
Each Fund's estimated sources of the distributions paid April 30, 2025 and for its current fiscal year are as follows:
Estimated Allocations as of April 30, 2025Fund | Distribution | Net Income | Net Realized Short-Term Gains | Net Realized Long-Term Gains | Return of Capital |
BKT2 | $0.088200 | $0.035176 (40%) | $0 (0%) | $0 (0%) | $0.053024 (60%) |
DSU2 | $0.098730 | $0.058014 (59%) | $0 (0%) | $0 (0%) | $0.040716 (41%) |
FRA2 | $0.123840 | $0.074776 (60%) | $0 (0%) | $0 (0%) | $0.049064 (40%) |
BBN2 | $0.092900 | $0.078256 (84%) | $0 (0%) | $0 (0%) | $0.014644 (16%) |
BGT2 | $0.120280 | $0.069447 (58%) | $0 (0%) | $0 (0%) | $0.050833 (42%) |
HYT2 | $0.077900 | $0.056821 (73%) | $0 (0%) | $0 (0%) | $0.021079 (27%) |
BTZ2 | $0.083900 | $0.057213 (68%) | $0 (0%) | $0 (0%) | $0.026687 (32%) |
BLW2 | $0.113200 | $0.082701 (73%) | $0 (0%) | $0 (0%) | $0.030499 (27%) |
BHK2 | $0.074600 | $0.047834 (64%) | $0 (0%) | $0 (0%) | $0.026766 (36%) |
BIT2 | $0.123700 | $0.077179 (62%) | $0 (0%) | $0 (0%) | $0.046521 (38%) |
Fund | Distribution | Net Income | Net Realized Short-Term Gains | Net Realized Long-Term Gains | Return of Capital |
BKT2 | $0.352800 | $0.138632 (39%) | $0 (0%) | $0 (0%) | $0.214168 (61%) |
DSU2 | $0.394920 | $0.240860 (61%) | $0 (0%) | $0 (0%) | $0.154060 (39%) |
FRA2 | $0.495360 | $0.317372 (64%) | $0 (0%) | $0 (0%) | $0.177988 (36%) |
BBN2 | $0.371600 | $0.321103 (86%) | $0 (0%) | $0 (0%) | $0.050497 (14%) |
BGT2 | $0.481120 | $0.287292 (60%) | $0 (0%) | $0 (0%) | $0.193828 (40%) |
HYT2 | $0.311600 | $0.230706 (74%) | $0 (0%) | $0 (0%) | $0.080894 (26%) |
BTZ2 | $0.335600 | $0.231157 (69%) | $0 (0%) | $0 (0%) | $0.104443 (31%) |
BLW2 | $0.452800 | $0.338064 (75%) | $0 (0%) | $0 (0%) | $0.114736 (25%) |
BHK2 | $0.298400 | $0.197605 (66%) | $0 (0%) | $0 (0%) | $0.100795 (34%) |
BIT2 | $0.494800 | $0.302066 (61%) | $0 (0%) | $0 (0%) | $0.192734 (39%) |
2The Fund estimates that it has distributed more than its income and net-realized capital gains in the current fiscal year; therefore, a portion of your distribution may be a return of capital. A return of capital may occur, for example, when some or all of the 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.
The amounts and sources of distributions reported are only estimates and are being provided to you pursuant to regulatory requirements 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. Fund Performance and Distribution Rate Information:Fund | Average annual total return (in relation to NAV) for the 5-year period ending on 3/31/2025 | Annualized current distribution rate expressed as a percentage of NAV as of 3/31/2025 | Cumulative total return (in relation to NAV) for the fiscal year through 3/31/2025 | Cumulative fiscal year distributions as a percentage of NAV as 3/31/2025 |
BKT | (1.16%) | 8.83% | 3.81% | 2.21% |
DSU | 10.48% | 11.46% | 0.04% | 2.86% |
FRA | 10.42% | 11.88% | (0.16%) | 2.97% |
BBN | 1.01% | 6.38% | 3.57% | 1.60% |
BGT | 10.57% | 11.82% | (0.01%) | 2.96% |
HYT | 9.44% | 9.85% | 0.54% | 2.46% |
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Disclaimer
BlackRock Municipal Income Quality Trust published this content on April 30, 2025, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on May 09, 2025 at 13:55 UTC.
