Dividend Dates and Distribution Amounts Announced for Certain BlackRock Closed-End Funds

Certain BlackRock closed-end funds (the “Funds”) announced distributions today as detailed below.

Several of the municipal Funds announced dividend increases. These dividend increases were made in order to better align the Funds with their current earnings rates in light of each fund’s earnings potential and level of undistributed net investment income.

In addition, dividend reductions were announced by several of the taxable and equity Funds. With respect to the taxable Funds, these dividend reductions take into account each Fund’s earnings potential and the decreasing interest rates on floating rate securities held by the Funds. With respect to the equity Funds, these dividend reductions take into account each Fund’s earnings potential and NAV decline in light of the recent market environment for equities.

Details are as follows:

    
      
        
          Municipal Funds:
        
        
           
        
        
        
      
      
        
          

Declaration- 9/1/2009   Ex-Date- 9/11/2009   Record- 9/15/2009

Payable- 10/1/2009

        
      
      
        
          National Funds
        
        
        
        
          Ticker
        
        
           
        
        
          

Dividend

Change FromPrior Month

        
      
      
        
          BlackRock Apex Municipal Fund, Inc.
        
        
        
        
          APX
        
        
        
        
          $0.046500
        
        
        
        
          -
        
      
      
        
          BlackRock Insured Municipal Income Trust
        
        
        
        
          BYM
        
        
        
        
          $0.068500
        
        
        
        
          -
        
      
      
        
          BlackRock Insured Municipal Income Investment Trust
        
        
        
        
          BAF
        
        
        
        
          $0.068500
        
        
        
        
          $0.003000
        
      
      
        
          BlackRock Insured Municipal Term Trust
        
        
        
        
          BMT
        
        
        
        
          $0.030417
        
        
        
        
          -
        
      
      
        
          BlackRock Investment Quality Municipal Income Trust
        
        
        
        
          RFA
        
        
        
        
          $0.070000
        
        
        
        
          $0.013000
        
      
      
        
          BlackRock Long-Term Municipal Advantage Trust
        
        
        
        
          BTA
        
        
        
        
          $0.057500
        
        
        
        
          $0.002500
        
      
      
        
          BlackRock Muni Intermediate Duration Fund, Inc.
        
        
        
        
          MUI
        
        
        
        
          $0.065500
        
        
        
        
          -
        
      
      
        
          BlackRock MuniAssets Fund, Inc.
        
        
        
        
          MUA
        
        
        
        
          $0.067500
        
        
        
        
          -
        
      
      
        
          BlackRock Municipal 2018 Term Trust
        
        
        
        
          BPK
        
        
        
        
          $0.078000
        
        
        
        
          -
        
      
      
        
          BlackRock Municipal 2020 Term Trust
        
        
        
        
          BKK
        
        
        
        
          $0.062250
        
        
        
        
          -
        
      
      
        
          BlackRock Municipal Bond Trust
        
        
        
        
          BBK
        
        
        
        
          $0.085000
        
        
        
        
          -
        
      
      
        
          BlackRock Municipal Bond Investment Trust
        
        
        
        
          BIE
        
        
        
        
          $0.073800
        
        
        
        
          -
        
      
      
        
          BlackRock Municipal Income Trust
        
        
        
        
          BFK
        
        
        
        
          $0.078600
        
        
        
        
          -
        
      
      
        
          BlackRock Municipal Income Trust II
        
        
        
        
          BLE
        
        
        
        
          $0.081000
        
        
        
        
          -
        
      
      
        
          BlackRock Municipal Income Investment Trust
        
        
        
        
          BBF
        
        
        
        
          $0.075375
        
        
        
        
          -
        
      
      
        
          BlackRock MuniEnhanced Fund, Inc.
        
        
        
        
          MEN
        
        
        
        
          $0.053000
        
        
        
        
          $0.002500
        
      
      
        
          BlackRock MuniHoldings Fund II, Inc.
        
        
        
        
          MUH
        
        
        
        
          $0.075500
        
        
        
        
          -
        
      
      
        
          BlackRock MuniHoldings Fund, Inc.
        
        
        
        
          MHD
        
        
        
        
          $0.083500
        
        
        
        
          -
        
      
      
        
          BlackRock MuniHoldings Insured Fund II, Inc.
        
        
        
        
          MUE
        
        
        
        
          $0.070000
        
        
        
        
          $0.002500
        
      
      
        
          BlackRock MuniHoldings Insured Fund, Inc.
        
        
        
        
          MUS
        
        
        
        
          $0.070000
        
        
        
        
          $0.004000
        
      
      
        
          BlackRock MuniHoldings Insured Investment Fund
        
        
        
        
          MFL
        
        
        
        
          $0.068000
        
        
        
        
          -
        
      
      
        
          BlackRock MuniVest Fund II, Inc.
        
        
        
        
          MVT
        
        
        
        
          $0.083500
        
        
        
        
          -
        
      
      
        
          BlackRock MuniVest Fund, Inc.
        
        
        
        
          MVF
        
        
        
        
          $0.053000
        
        
        
        
          $0.002500
        
      
      
        
          BlackRock MuniYield Fund, Inc.
        
        
        
        
          MYD
        
        
        
        
          $0.069000
        
        
        
        
          -
        
      
      
        
          BlackRock MuniYield Insured Fund, Inc.
        
        
        
        
          MYI
        
        
        
        
          $0.061000
        
        
        
        
          -
        
      
      
        
          BlackRock MuniYield Insured Investment Fund
        
        
        
        
          MFT
        
        
        
        
          $0.066000
        
        
        
        
          -
        
      
      
        
          BlackRock MuniYield Investment Fund
        
        
        
        
          MYF
        
        
        
        
          $0.065500
        
        
        
        
          $0.007500
        
      
      
        
          BlackRock MuniYield Quality Fund II, Inc.
        
        
        
        
          MQT
        
        
        
        
          $0.062000
        
        
        
        
          $0.004500
        
      
      
        
          BlackRock MuniYield Quality Fund, Inc.
        
        
        
        
          MQY
        
        
        
        
          $0.069500
        
        
        
        
          $0.002500
        
      
      
        
          The BlackRock Investment Quality Municipal Trust, Inc.
        
        
        
        
          BKN
        
        
        
        
          $0.081500
        
        
        
        
          $0.006000
        
      
      
        
          The BlackRock Strategic Municipal Trust
        
        
        
        
          BSD
        
        
        
        
          $0.070000
        
        
        
        
          -
        
      
    
    
      
        
          

State-Specific Funds

        
        
           
        
        
          Ticker
        
        
           
        
        
          Dividend
        
        
           
        
        
          

Change FromPrior Month

        
      
      
        
          BlackRock California Insured Municipal Income Trust
        
        
        
        
          BCK
        
        
        
        
          $0.066000
        
        
        
        
          -
        
      
      
        
          BlackRock California Municipal 2018 Term Trust
        
        
        
        
          BJZ
        
        
        
        
          $0.072000
        
        
        
        
          -
        
      
      
        
          BlackRock California Municipal Bond Trust
        
        
        
        
          BZA
        
        
        
        
          $0.077000
        
        
        
        
          -
        
      
      
        
          BlackRock California Municipal Income Trust
        
        
        
        
          BFZ
        
        
        
        
          $0.075700
        
        
        
        
          -
        
      
      
        
          BlackRock California Municipal Income Trust II
        
        
        
        
          BCL
        
        
        
        
          $0.074500
        
        
        
        
          -
        
      
      
        
          BlackRock MuniHoldings California Insured Fund, Inc.
        
        
        
        
          MUC
        
        
        
        
          $0.063000
        
        
        
        
          -
        
      
      
        
          BlackRock MuniYield California Fund, Inc.
        
        
        
        
          MYC
        
        
        
        
          $0.067500
        
        
        
        
          -
        
      
      
        
          BlackRock MuniYield California Insured Fund, Inc.
        
        
        
        
          MCA
        
        
        
        
          $0.061000
        
        
        
        
          -
        
      
      
        
          The BlackRock California Investment Quality Municipal Trust, Inc.
        
        
        
        
          RAA
        
        
        
        
          $0.053000
        
        
        
        
          $0.001500
        
      
      
        
          BlackRock Florida Municipal 2020 Term Trust, Inc.
        
        
        
        
          BFO
        
        
        
        
          $0.056000
        
        
        
        
          -
        
      
      
        
          BlackRock Maryland Municipal Bond Trust
        
        
        
        
          BZM
        
        
        
        
          $0.067900
        
        
        
        
          -
        
      
      
        
          BlackRock Muni New York Intermediate Duration Fund, Inc.
        
        
        
        
          MNE
        
        
        
        
          $0.055500
        
        
        
        
          -
        
      
      
        
          BlackRock MuniHoldings New York Insured Fund, Inc.
        
        
        
        
          MHN
        
        
        
        
          $0.068500
        
        
        
        
          $0.003000
        
      
      
        
          BlackRock MuniYield New York Insured Fund, Inc.
        
        
        
        
          MYN
        
        
        
        
          $0.052500
        
        
        
        
          -
        
      
      
        
          BlackRock New York Insured Municipal Income Trust
        
        
        
        
          BSE
        
        
        
        
          $0.065500
        
        
        
        
          -
        
      
      
        
          BlackRock New York Municipal 2018 Term Trust, Inc.
        
        
        
        
          BLH
        
        
        
        
          $0.082000
        
        
        
        
          $0.003000
        
      
      
        
          BlackRock New York Municipal Bond Trust
        
        
        
        
          BQH
        
        
        
        
          $0.078000
        
        
        
        
          -
        
      
      
        
          BlackRock New York Municipal Income Trust
        
        
        
        
          BNY
        
        
        
        
          $0.082500
        
        
        
        
          $0.002500
        
      
      
        
          BlackRock New York Municipal Income Trust II
        
        
        
        
          BFY
        
        
        
        
          $0.080000
        
        
        
        
          $0.002500
        
      
      
        
          The BlackRock New York Investment Quality Municipal Trust, Inc.
        
        
        
        
          RNY
        
        
        
        
          $0.068200
        
        
        
        
          -
        
      
      
        
          BlackRock MuniHoldings New Jersey Insured Fund, Inc.
        
        
        
        
          MUJ
        
        
        
        
          $0.069000
        
        
        
        
          $0.003500
        
      
      
        
          BlackRock MuniYield New Jersey Fund, Inc.
        
        
        
        
          MYJ
        
        
        
        
          $0.070500
        
        
        
        
          -
        
      
      
        
          BlackRock MuniYield New Jersey Insured Fund, Inc.
        
        
        
        
          MJI
        
        
        
        
          $0.069500
        
        
        
        
          $0.005500
        
      
      
        
          BlackRock New Jersey Municipal Bond Trust
        
        
        
        
          BLJ
        
        
        
        
          $0.075500
        
        
        
        
          -
        
      
      
        
          BlackRock New Jersey Municipal Income Trust
        
        
        
        
          BNJ
        
        
        
        
          $0.077600
        
        
        
        
          -
        
      
      
        
          The BlackRock New Jersey Investment Quality Municipal Trust
        
        
        
        
          RNJ
        
        
        
        
          $0.064000
        
        
        
        
          $0.002600
        
      
      
        
          BlackRock MuniYield Arizona Fund, Inc.
        
        
        
        
          MZA
        
        
        
        
          $0.067000
        
        
        
        
          -
        
      
      
        
          BlackRock MuniYield Michigan Insured Fund II, Inc.
        
        
        
        
          MYM
        
        
        
        
          $0.066500
        
        
        
        
          -
        
      
      
        
          BlackRock MuniYield Michigan Insured Fund, Inc.
        
        
        
        
          MIY
        
        
        
        
          $0.072500
        
        
        
        
          $0.006000
        
      
      
        
          BlackRock MuniYield Pennsylvania Insured Fund
        
        
        
        
          MPA
        
        
        
        
          $0.065500
        
        
        
        
          -
        
      
      
        
          The BlackRock Pennsylvania Strategic Municipal Trust
        
        
        
        
          BPS
        
        
        
        
          $0.064000
        
        
        
        
          $0.014000
        
      
      
        
          BlackRock Virginia Municipal Bond Trust
        
        
        
        
          BHV
        
        
        
        
          $0.080000
        
        
        
        
          -
        
      
      
        
          Massachusetts Health & Education Tax-Exempt Trust
        
        
        
        
          MHE
        
        
        
        
          $0.062000
        
        
        
        
          $0.003000
        
      
    
    
      
        
          Taxable Funds:
        
        
           
        
        
          

 

Declaration- 9/1/2009   Ex-Date- 9/11/2009  Record- 9/15/2009

Payable- 9/30/2009

        
        
        
      
      
        
          Fund
        
        
        
        
          Ticker
        
        
           
        
        
          Dividend
        
        
        
        
          

Change FromPrior

Dividend

        
      
      
        
          BlackRock Senior High Income Fund, Inc.
        
        
        
        
          ARK
        
        
        
        
          $0.025000
        
        
        
        
          -
        
      
      
        
          BlackRock Floating Rate Income Trust*
        
        
        
        
          BGT
        
        
        
        
          $0.067500
        
        
        
        
          -$0.007500
        
      
      
        
          BlackRock Strategic Bond Trust
        
        
        
        
          BHD
        
        
        
        
          $0.069500
        
        
        
        
          -
        
      
      
        
          BlackRock Core Bond Trust
        
        
        
        
          BHK
        
        
        
        
          $0.062000
        
        
        
        
          -
        
      
      
        
          BlackRock Defined Opportunity Credit Trust*
        
        
        
        
          BHL
        
        
        
        
          $0.060000
        
        
        
        
          -
        
      
      
        
          The BlackRock High Yield Trust*
        
        
        
        
          BHY
        
        
        
        
          $0.043500
        
        
        
        
          -
        
      
      
        
          The BlackRock Income Trust, Inc.
        
        
        
        
          BKT
        
        
        
        
          $0.024000
        
        
        
        
          -
        
      
      
        
          BlackRock Limited Duration Income Trust*
        
        
        
        
          BLW
        
        
        
        
          $0.070000
        
        
        
        
          -$0.012500
        
      
      
        
          BlackRock Income Opportunity Trust, Inc.
        
        
        
        
          BNA
        
        
        
        
          $0.051000
        
        
        
        
          -
        
      
      
        
          BlackRock Preferred Opportunity Trust*
        
        
        
        
          BPP
        
        
        
        
          $0.072500
        
        
        
        
          -
        
      
      
        
          BlackRock Preferred and Equity Advantage Trust*
        
        
        
        
          BTZ
        
        
        
        
          $0.100000
        
        
        
        
          -
        
      
      
        
          BlackRock Corporate High Yield Fund, Inc.
        
        
        
        
          COY
        
        
        
        
          $0.061000
        
        
        
        
          -
        
      
      
        
          BlackRock Corporate High Yield Fund III, Inc.
        
        
        
        
          CYE
        
        
        
        
          $0.055000
        
        
        
        
          -
        
      
      
        
          BlackRock Debt Strategies Fund, Inc.*
        
        
        
        
          DSU
        
        
        
        
          $0.031000
        
        
        
        
          -$0.004500
        
      
      
        
          BlackRock Diversified Income Strategies Fund, Inc.*
        
        
        
        
          DVF
        
        
        
        
          $0.078500
        
        
        
        
          -$0.009000
        
      
      
        
          BlackRock Enhanced Government Fund, Inc.*
        
        
        
        
          EGF
        
        
        
        
          $0.105000
        
        
        
        
          -
        
      
      
        
          BlackRock Floating Rate Income Strategies Fund, Inc.*
        
        
        
        
          FRA
        
        
        
        
          $0.081500
        
        
        
        
          -$0.008335
        
      
      
        
          BlackRock Floating Rate Income Strategies Fund II, Inc.*
        
        
        
        
          FRB
        
        
        
        
          $0.081000
        
        
        
        
          -$0.012350
        
      
      
        
          BlackRock High Income Shares
        
        
        
        
          HIS
        
        
        
        
          $0.013200
        
        
        
        
          -
        
      
      
        
          BlackRock Corporate High Yield Fund VI, Inc.
        
        
        
        
          HYT
        
        
        
        
          $0.087500
        
        
        
        
          -
        
      
      
        
          BlackRock Corporate High Yield Fund V, Inc.
        
        
        
        
          HYV
        
        
        
        
          $0.087500
        
        
        
        
          -
        
      
      
        
          BlackRock Preferred and Corporate Income Strategies Fund, Inc.
        
        
        
        
          PSW
        
        
        
        
          $0.060000
        
        
        
        
          -
        
      
      
        
          BlackRock Preferred Income Strategies Fund, Inc.*
        
        
        
        
          PSY
        
        
        
        
          $0.075000
        
        
        
        
          -
        
      
    
    
      
        
          Equity Funds:
        
        
           
        
        
        
        
           
        
        
        
        
           
        
        
        
      
      
        
          Declaration- 9/1/2009 Ex-Date- 9/11/2009 Record- 9/15/2009
        
        
        
        
          Payable- 9/30/2009
        
        
        
        
        
        
        
        
        
      
      
        
          Fund
        
        
        
        
          Ticker
        
        
        
        
          Dividend
        
        
        
        
          

Change FromPrior

Dividend

        
      
      
        
          BlackRock Dividend AchieversTM Trust*
        
        
        
        
          BDV
        
        
        
        
          $0.162500
        
        
        
        
          -
        
      
      
        
          BlackRock EcoSolutions Investment Trust*
        
        
        
        
          BQR
        
        
        
        
          $0.300000
        
        
        
        
          -$0.100000
        
      
      
        
          BlackRock Enhanced Capital and Income Fund, Inc.*
        
        
        
        
          CII
        
        
        
        
          $0.485000
        
        
        
        
          -
        
      
      
        
          BlackRock Enhanced Dividend AchieversTM Trust *
        
        
        
        
          BDJ
        
        
        
        
          $0.245000
        
        
        
        
          -$0.060625
        
      
      
        
          BlackRock Energy and Resources Trust*
        
        
        
        
          BGR
        
        
        
        
          $0.405000
        
        
        
        
          -
        
      
      
        
          BlackRock Health Sciences Trust*
        
        
        
        
          BME
        
        
        
        
          $0.384375
        
        
        
        
          -
        
      
      
        
          BlackRock International Growth and Income Trust*
        
        
        
        
          BGY
        
        
        
        
          $0.455100
        
        
        
        
          -
        
      
      
        
          BlackRock Real Asset Equity Trust*
        
        
        
        
          BCF
        
        
        
        
          $0.271800
        
        
        
        
          -
        
      
      
        
          BlackRock Strategic Dividend AchieversTM Trust*
        
        
        
        
          BDT
        
        
        
        
          $0.162500
        
        
        
        
          -
        
      
    
    

*In order to comply with the requirements of Section 19 of the Investment Company Act of 1940, as amended, each of the Funds noted above posted to the DTC bulletin board and sent to their shareholders as of the applicable record date a Section 19 notice with the previous dividend payment. The Section 19 notice was provided not for tax reporting purposes but for informational purposes only. This information can be found in the “Closed-End Funds” section of www.blackrock.com. If applicable, the final determination of the source and tax characteristics of all distributions in 2009 will be made after the end of the year.

The BlackRock Dividend AchieversTM Trust (NYSE:BDV), BlackRock EcoSolutions Investment Trust (NYSE:BQR), BlackRock Enhanced Capital and Income Fund, Inc. (NYSE:CII), BlackRock Enhanced Dividend AchieversTM Trust (NYSE:BDJ), BlackRock Energy and Resources Trust (NYSE:BGR), BlackRock Health Sciences Trust (NYSE:BME), BlackRock International Growth and Income Trust (NYSE:BGY), BlackRock Real Asset Equity Trust (NYSE:BCF), BlackRock Strategic Dividend AchieversTM Trust (NYSE: BDT), BlackRock Preferred and Equity Advantage Trust (NYSE: BTZ) and BlackRock Enhanced Government Fund, Inc. (NYSE: EGF) (collectively, the “Trusts”) have adopted a level distribution plan (the “Plan”) and employ either a managed distribution or an option over-write policy to support a level 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 Trust’s Board. Under its Plan, each Trust will distribute all available investment income to its shareholders, consistent with its primary investment objectives and as required by the Internal Revenue Code of 1986, as amended (the “Code”). If sufficient investment income is not available on a quarterly/monthly basis, the Trusts will distribute long-term capital gains and or return capital to their shareholders in order to maintain a level distribution.

The Trusts’ estimated sources of the distributions paid as of August 31, 2009 and June 30, 2009 and for their current fiscal year through August 31, 2009 and June 30, 2009 are as follows:

Estimated Allocations as of August 31, 2009

        
        
           
        
        
           
        
        
           
        
        
           
        
      
      
        
          Trust
        
        
           
        
        
          Distribution
        
        
           
        
        
          

Net InvestmentIncome

Net RealizedShort-Term Gains

Net RealizedLong-TermGains

        
        
           
        
        
          Return of Capital
        
      
      
        
          BTZ1
        
        
           
        
        
          $0.100000
        
        
           
        
        
          $0.055500 (55%)
        
        
           
        
        
          $0.00 (0%)
        
        
           
        
        
          $0.00 (0%)
        
        
           
        
        
          $0.044500 (45%)
        
      
      
        
          EGF
        
        
           
        
        
          $0.105000
        
        
           
        
        
          $0.105000 (100%)
        
        
           
        
        
          $0.00 (0%)
        
        
           
        
        
          $0.00 (0%)
        
        
           
        
        
          $0.000000 (0%)
        
      
      
        
        
        
           
        
        
        
        
           
        
        
        
        
           
        
        
        
        
           
        
        
        
        
           
        
        
        
      
      
        
          

Estimated Allocations as of June 30, 2009

        
        
           
        
        
           
        
        
           
        
        
           
        
        
           
        
        
           
        
      
      
        
          Trust
        
        
           
        
        
          Distribution
        
        
           
        
        
          

Net InvestmentIncome

Net RealizedShort-Term Gains

Net RealizedLong-TermGains

        
        
           
        
        
          Return of Capital
        
      
      
        
          BCF1
        
        
           
        
        
          $0.271800
        
        
           
        
        
          $0.013300 (5%)
        
        
           
        
        
          $0.00 (0%)
        
        
           
        
        
          $0.00 (0%)
        
        
           
        
        
          $0.258500 (95%)
        
      
      
        
          BDJ1
        
        
           
        
        
          $0.305625
        
        
           
        
        
          $0.051365 (17%)
        
        
           
        
        
          $0.00 (0%)
        
        
           
        
        
          $0.00 (0%)
        
        
           
        
        
          $0.254260 (83%)
        
      
      
        
          BDT1
        
        
           
        
        
          $0.162500
        
        
           
        
        
          $0.080000 (49%)
        
        
           
        
        
          $0.00 (0%)
        
        
           
        
        
          $0.00 (0%)
        
        
           
        
        
          $0.082500 (51%)
        
      
      
        
          BDV1
        
        
           
        
        
          $0.162500
        
        
           
        
        
          $0.063600 (39%)
        
        
           
        
        
          $0.00 (0%)
        
        
           
        
        
          $0.00 (0%)
        
        
           
        
        
          $0.098900 (61%)
        
      
      
        
          BGR1
        
        
           
        
        
          $0.405000
        
        
           
        
        
          $0.034000 (8%)
        
        
           
        
        
          $0.121000 (30%)
        
        
           
        
        
          $0.00 (0%)
        
        
           
        
        
          $0.250000 (62%)
        
      
      
        
          BGY1
        
        
           
        
        
          $0.455100
        
        
           
        
        
          $0.147800 (32%)
        
        
           
        
        
          $0.00 (0%)
        
        
           
        
        
          $0.00 (0%)
        
        
           
        
        
          $0.307300 (68%)
        
      
      
        
          BME1
        
        
           
        
        
          $0.384375
        
        
           
        
        
          $0.041755 (11%)
        
        
           
        
        
          $0.00 (0%)
        
        
           
        
        
          $0.00 (0%)
        
        
           
        
        
          $0.342620 (89%)
        
      
      
        
          BQR1
        
        
           
        
        
          $0.400000
        
        
           
        
        
          $0.040000 (11%)
        
        
           
        
        
          $0.00 (0%)
        
        
           
        
        
          $0.00 (0%)
        
        
           
        
        
          $0.360000 (89%)
        
      
      
        
          CII1
        
        
           
        
        
          $0.485000
        
        
           
        
        
          $0.036000 (7%)
        
        
           
        
        
          $0.00 (0%)
        
        
           
        
        
          $0.00 (0%)
        
        
           
        
        
          $0.449000 (93%)
        
      
      
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
           
        
      
      
        
          

Estimated Allocations for the fiscal year through August 31, 2009

        
        
           
        
        
           
        
      
      
        
          Trust
        
        
           
        
        
          Distribution
        
        
           
        
        
          

Net InvestmentIncome

Net RealizedShort-Term Gains

Net RealizedLong-TermGains

        
        
           
        
        
          Return of Capital
        
      
      
        
          BTZ1
        
        
           
        
        
          $1.210000
        
        
           
        
        
          $0.799700 (66%)
        
        
           
        
        
          $0.00 (0%)
        
        
           
        
        
          $0.00 (0%)
        
        
           
        
        
          $0.410300 (34%)
        
      
      
        
          EGF
        
        
           
        
        
          $0.735000
        
        
           
        
        
          $0.735000 (100%)
        
        
           
        
        
          $0.00 (0%)
        
        
           
        
        
          $0.00 (0%)
        
        
           
        
        
          $0.000000 (0%)
        
      
      
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
           
        
      
      
        
          

Estimated Allocations for the fiscal year through June 30, 2009

        
        
           
        
        
           
        
      
      
        
          Trust
        
        
           
        
        
          Distribution
        
        
           
        
        
          

Net InvestmentIncome

Net RealizedShort-Term Gains

Net RealizedLong-TermGains

        
        
           
        
        
          Return of Capital
        
      
      
        
          BCF1
        
        
           
        
        
          $0.815400
        
        
           
        
        
          $0.074400 (9%)
        
        
           
        
        
          $0.00 (0%)
        
        
           
        
        
          $0.00 (0%)
        
        
           
        
        
          $0.741000 (91%)
        
      
      
        
          BDJ1
        
        
           
        
        
          $0.916875
        
        
           
        
        
          $0.191234 (21%)
        
        
           
        
        
          $0.00 (0%)
        
        
           
        
        
          $0.00 (0%)
        
        
           
        
        
          $0.725641 (79%)
        
      
      
        
          BDT1
        
        
           
        
        
          $0.487500
        
        
           
        
        
          $0.239900 (49%)
        
        
           
        
        
          $0.00 (0%)
        
        
           
        
        
          $0.00 (0%)
        
        
           
        
        
          $0.247600 (51%)
        
      
      
        
          BDV1
        
        
           
        
        
          $0.487500
        
        
           
        
        
          $0.224600 (46%)
        
        
           
        
        
          $0.00 (0%)
        
        
           
        
        
          $0.00 (0%)
        
        
           
        
        
          $0.262900 (54%)
        
      
      
        
          BGR1
        
        
           
        
        
          $1.215000
        
        
           
        
        
          $0.226000 (19%)
        
        
           
        
        
          $0.400000 (33%)
        
        
           
        
        
          $0.00 (0%)
        
        
           
        
        
          $0.589000 (48%)
        
      
      
        
          BGY1
        
        
           
        
        
          $1.365300
        
        
           
        
        
          $0.232200 (17%)
        
        
           
        
        
          $0.00 (0%)
        
        
           
        
        
          $0.00 (0%)
        
        
           
        
        
          $1.133100 (83%)
        
      
      
        
          BME1
        
        
           
        
        
          $1.324369
        
        
           
        
        
          $0.063400 (5%)
        
        
           
        
        
          $0.538862 (41%)
        
        
           
        
        
          $0.00 (0%)
        
        
           
        
        
          $0.722107 (54%)
        
      
      
        
          BQR1
        
        
           
        
        
          $1.200000
        
        
           
        
        
          $0.150000 (12%)
        
        
           
        
        
          $0.00 (0%)
        
        
           
        
        
          $0.00 (0%)
        
        
           
        
        
          $1.050000 (88%)
        
      
      
        
          CII1
        
        
           
        
        
          $1.455000
        
        
           
        
        
          $0.264000 (18%)
        
        
           
        
        
          $0.00 (0%)
        
        
           
        
        
          $0.00 (0%)
        
        
           
        
        
          $1.191000 (82%)
        
      
    
    

1 The Trusts estimate that they have distributed more than their income and 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 a Trust's investment performance and should not be confused with ‘yield’ or ‘income’.

The amounts and sources of distributions reported are only estimates and are not provided for tax reporting purposes. The actual amounts and sources of the amounts for tax reporting purposes will depend upon each Trust’s investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. The Trusts 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.

Trust Performance and Distribution Rate Information:

        
        
           
        
        
           
        
      
      
        
          Trust
        
        
           
        
        
          

Average annualtotal return (inrelation to NAV) forthe inception todate ending on July31, 2009

Current fiscal period'sannualized distributionrate as a percentage ofNAV as of July 31, 2009

Cumulative totalreturn (in relation toNAV) for the fiscal yearthrough July 31, 2009

Cumulative fiscalyear distributionrate expressed as apercentage of NAVas of July 31, 2009

        
      
      
        
          BTZ
        
        
           
        
        
          (14.34)%
        
        
           
        
        
          10.38%
        
        
           
        
        
          25.58%
        
        
           
        
        
          9.60%
        
      
      
        
          EGF
        
        
           
        
        
          4.18%
        
        
           
        
        
          7.49%
        
        
           
        
        
          9.06%
        
        
           
        
        
          3.74%
        
      
      
        
          BCF
        
        
           
        
        
          0.43%
        
        
           
        
        
          9.77%
        
        
           
        
        
          30.59%
        
        
           
        
        
          7.33%
        
      
      
        
          BDJ
        
        
           
        
        
          (4.41)%
        
        
           
        
        
          15.26%
        
        
           
        
        
          (5.90)%
        
        
           
        
        
          11.45%
        
      
      
        
          BDT
        
        
           
        
        
          (0.87)% *
        
        
           
        
        
          6.83%
        
        
           
        
        
          (5.02)%
        
        
           
        
        
          5.13%
        
      
      
        
          BDV
        
        
           
        
        
          (2.57)% *
        
        
           
        
        
          7.34%
        
        
           
        
        
          (8.46)%
        
        
           
        
        
          5.50%
        
      
      
        
          BGR
        
        
           
        
        
          7.34%
        
        
           
        
        
          7.29%
        
        
           
        
        
          15.03%
        
        
           
        
        
          5.47%
        
      
      
        
          BGY
        
        
           
        
        
          (11.38)%
        
        
           
        
        
          16.69%
        
        
           
        
        
          21.28%
        
        
           
        
        
          12.51%
        
      
      
        
          BME
        
        
           
        
        
          8.85%
        
        
           
        
        
          6.19%
        
        
           
        
        
          12.02%
        
        
           
        
        
          5.33%
        
      
      
        
          BQR
        
        
           
        
        
          (17.07)%
        
        
           
        
        
          14.83%
        
        
           
        
        
          18.97%
        
        
           
        
        
          11.12%
        
      
      
        
          CII
        
        
           
        
        
          3.90% *
        
        
           
        
        
          13.65%
        
        
           
        
        
          16.53%
        
        
           
        
        
          10.24%
        
      
    
    

* Five year total return (in relation to NAV) as of July 31, 2009

Shareholders should not draw any conclusions about a Trust’s investment performance from the amount of the Trust’s current distributions or from the terms of the Trust’s Plan.

About BlackRock

BlackRock is one of the world’s largest publicly traded investment management firms. At June 30, 2009, BlackRock’s assets under management were $1.373 trillion. The firm manages assets on behalf of institutions and individuals worldwide through a variety of equity, fixed income, cash management and alternative investment products. In addition, a growing number of institutional investors use BlackRock Solutions® investment system, risk management and financial advisory services. The firm is headquartered in New York City and has employees in 21 countries throughout the U.S., Europe and Asia Pacific. For additional information, please visit the firm's website at www.blackrock.com.

Forward-Looking Statements

This press release, and other statements that BlackRock may make, may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act, with respect to BlackRock’s future financial or business performance, strategies or expectations. Forward-looking statements are typically identified by words or phrases such as “trend,” “potential,” “opportunity,” “pipeline,” “believe,” “comfortable,” “expect,” “anticipate,” “current,” “intention,” “estimate,” “position,” “assume,” “outlook,” “continue,” “remain,” “maintain,” “sustain,” “seek,” “achieve,” and similar expressions, or future or conditional verbs such as “will,” “would,” “should,” “could,” “may” or similar expressions.

BlackRock cautions that forward-looking statements are subject to numerous assumptions, risks and uncertainties, which change over time. Forward-looking statements speak only as of the date they are made, and BlackRock assumes no duty to and does not undertake to update forward-looking statements. Actual results could differ materially from those anticipated in forward-looking statements and future results could differ materially from historical performance.

With respect to each Fund, the following factors, among others, could cause actual events to differ materially from forward-looking statements or historical performance: (1) changes in political, economic or industry conditions, the interest rate environment or financial and capital markets, which could result in changes in the Fund’s net asset value; (2) the performance of the Fund’s investments; (3) the impact of increased competition; (4) the extent and timing of any distributions or share repurchases; (5) the impact of legislative and regulatory actions and reforms and regulatory, supervisory or enforcement actions of government agencies relating to the Fund or BlackRock, as applicable; (6) BlackRock’s ability to attract and retain highly talented professionals; and (7) the impact of legislative and regulatory actions and reforms and regulatory, supervisory or enforcement actions of government agencies relating to BlackRock, Barclays PLC, Bank of America, Merrill Lynch or PNC.

The Annual and Semi-Annual Reports and other regulatory filings of the Funds with the SEC are accessible on the SEC's website at www.sec.gov and on BlackRock’s website at www.blackrock.com, and may discuss these or other factors that affect the Funds. The information contained on our website is not a part of this press release.