BLACKROCK HEALTH : Certain BlackRock Closed-End Funds Announce Estimated Sources of Distributions
July 30, 2010 at 11:35 pm
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Today, BlackRock Real Asset Equity Trust (NYSE: BCF), BlackRock Enhanced
Dividend AchieversTM Trust (NYSE: BDJ), BlackRock Strategic
Dividend AchieversTM Trust (NYSE: BDT), BlackRock Dividend
AchieversTM Trust (NYSE: BDV), BlackRock Energy and Resources
Trust (NYSE: BGR), BlackRock International Growth and Income Trust
(NYSE: BGY), BlackRock Health Sciences Trust (NYSE: BME), BlackRock
EcoSolutions Investment Trust (NYSE: BQR), BlackRock Enhanced Capital
and Income Fund, Inc. (NYSE: CII) and BlackRock Enhanced Government
Fund, Inc. (NYSE: EGF) (collectively, the ?Funds?) paid the following
dividends per share:
Fund
Pay Date
Per Share
BCF
June 30, 2010
$0.271800
BDJ
June 30, 2010
$0.245000
BDT
June 30, 2010
$0.162500
BDV
June 30, 2010
$0.162500
BGR
June 30, 2010
$0.405000
BGY
June 30, 2010
$0.340000
BME
June 30, 2010
$0.384375
BQR
June 30, 2010
$0.300000
CII
June 30, 2010
$0.485000
EGF
June 30, 2010
$0.080000
Each of the Funds has adopted a level distribution plan (the ?Plan?) and
employs 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 Fund's Board. Under its Plan, each
Fund 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 Funds will distribute long-term capital gains and/or return
capital to their shareholders in order to maintain a level distribution.
The Funds' estimated sources of the distributions paid this month and
for their current fiscal years are as follows:
Estimated Allocations as of June 30, 2010
Fund
Distribution
Net Investment
Income
Net Realized
Short-Term Gains
Net Realized
Long-Term Gains
Return of Capital
BCF1
$0.271800
$0.016900 (6%)
$0.00 (0%)
$0.00 (0%)
$0.254900 (94%)
BDJ1
$0.245000
$0.039323 (16%)
$0.00 (0%)
$0.00 (0%)
$0.205677 (84%)
BDT1
$0.162500
$0.065380 (40%)
$0.00 (0%)
$0.00 (0%)
$0.097120 (60%)
BDV1
$0.162500
$0.055320 (34%)
$0.00 (0%)
$0.00 (0%)
$0.107180 (66%)
BGR
$0.405000
$0.075510 (19%)
$0.329490 (81%)
$0.00 (0%)
$0.00 (0%)
BGY1
$0.340000
$0.097894 (29%)
$0.00 (0%)
$0.00 (0%)
$0.242106 (71%)
BME
$0.384375
$0.00 (0%)
$0.384375 (100%)
$0.00 (0%)
$0.00 (0%)
BQR1
$0.300000
$0.023700 (8%)
$0.00 (0%)
$0.00 (0%)
$0.276300 (92%)
CII1
$0.485000
$0.088490 (18%)
$0.00 (0%)
$0.00 (0%)
$0.396510 (82%)
EGF1
$0.080000
$0.056040 (70%)
$0.00 (0%)
$0.00 (0%)
$0.023960 (30%)
Estimated Allocations for the fiscal year through June 30, 2010
Fund
Distribution
Net Investment
Income
Net Realized
Short-Term Gains
Net Realized
Long-Term Gains
Return of Capital
BCF1
$0.815400
$0.025900 (3%)
$0.00 (0%)
$0.00 (0%)
$0.789500 (97%)
BDJ1
$0.735000
$0.119093 (16%)
$0.00 (0%)
$0.00 (0%)
$0.615907 (84%)
BDT1
$0.487500
$0.196650 (40%)
$0.00 (0%)
$0.00 (0%)
$0.290850 (60%)
BDV1
$0.487500
$0.158650 (33%)
$0.00 (0%)
$0.00 (0%)
$0.328850 (67%)
BGR
$1.215000
$0.190860 (16%)
$1.024140 (84%)
$0.00 (0%)
$0.00 (0%)
BGY1
$1.250200
$0.118598 (9%)
$0.00 (0%)
$0.00 (0%)
$1.131602 (91%)
BME
$1.153125
$0.060893 (5%)
$1.092232 (95%)
$0.00 (0%)
$0.00 (0%)
BQR1
$0.900000
$0.036300 (4%)
$0.00 (0%)
$0.00 (0%)
$0.863700 (96%)
CII1
$1.455000
$0.214220 (15%)
$0.00 (0%)
$0.00 (0%)
$1.240780 (85%)
EGF1
$0.425000
$0.286860 (67%)
$0.00 (0%)
$0.00 (0%)
$0.138140 (33%)
1The Fund estimates that it has distributed more than its
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 Fund'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
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:
BlackRock Health Sciences Trust (the Trust) is a closed-end management investment company. The Trust investment objective is to provide total return through a combination of current income and long-term capital appreciation. The Trust seeks to achieve its investment objective by investing, approximately 80% of its total assets in equity securities of companies engaged in the health sciences and related industries and equity derivatives with exposure to the health sciences industry. The Trust is focused on achieving its goal primarily by investing in a portfolio of equity securities and also by employing a strategy of writing (selling) call and put options. The Trust invests in a portfolio of sectors, which include biotechnology, health care equipment and supplies, life sciences tools and services, and pharmaceuticals. BlackRock Advisors, LLC acts as the manager of the Trust.
BLACKROCK HEALTH SCIENCES TRUST 
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