BlackRock Enhanced Capital and Income Fund, Inc. Announce Change of Fiscal Year-End from October 31 to December 31
September 19, 2014 at 09:30 pm
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BlackRock Advisors, LLC announced that the Boards of Directors/Trustees of BlackRock Enhanced Capital and Income Fund, Inc. have approved a change of the fiscal year-end of each of the Funds from October 31st to December 31st. This change will be effective following the October 31, 2014 fiscal year-end.
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.