NEW YORK--(BUSINESS WIRE)--Dec 6, 2024-- Certain BlackRock closed-end funds (the “Funds”) announced distributions today as detailed below. Declaration- 12/6/2024 Ex-Date- 12/16/2024 Record- 12/16/2024 Payable- 12/31/2024 National Funds Ticker Distribution Change From Prior Distribution * BYM $0.055500 - * BTA $0.049500 - .* MUA $0.055500 - * MUI $0.055000 - * BFK $0.050000 - * BKN $0.057000 - * BLE $0.054000 - BTT $0.046400 - * MHD $0.059500 - * MQT $0.051000 - .* MQY $0.058000 - * MUE $0.051000 - * MVT $0.054000 - .* MYD $0.054500 - * MYI $0.055500 - * MVF $0.036000 - BMN $0.093750 - State-Specific Funds Ticker Distribution Change From Prior Distribution * MUC $0.053500 - * BFZ $0.059000 - .* MIY $0.054500 - * MUJ $0.054000 - * MHN $0.051500 - * MYN $0.051200 - * BNY $0.051000 - * MPA $0.066000 - * BHV $0.051500 - Declaration- 12/6/2024 Ex-Date- 12/16/2024 Record- 12/16/2024 Payable- 12/23/2024 Fund Ticker Distribution Change From Prior Distribution * BBN $0.092900 - Declaration- 12/6/2024 Ex-Date- 12/16/2024 Record- 12/16/2024 Payable- 12/23/2024 Fund Ticker Distribution Change From Prior Distribution * BGT $0.120280 - * BHK $0.074600 - * BIT $0.123700 - * BKT $0.088200 - * BLW $0.113200 - * BTZ $0.083900 - * DSU $0.098730 - .* EGF $0.041000 - * FRA $0.123840 - * HYT $0.077900 - Declaration- 12/6/2024 Ex-Date- 12/16/2024 Record- 12/16/2024 Payable- 12/23/2024 Fund Ticker Distribution Change From Prior Distribution BMEZ $0.178090 0.001190 BSTZ $0.218000 0.002510 * BIGZ $0.086760 0.000430 Declaration- 12/6/2024 Ex-Date- 12/16/2024 Record- 12/16/2024 Payable- 12/23/2024 Fund Ticker Distribution Change From Prior Distribution BCAT $0.289190 0.000650 * ECAT $0.306840 0.001810 * In order to comply with the requirements of Section 19 of the Investment Company Act of 1940, as amended (the “1940 Act”), each of the Funds noted above posted to the DTC bulletin board and sent to its shareholders of record as of the applicable record date a Section 19 notice with the previous distribution payment. The Section 19 notice was provided for informational purposes only and not for tax reporting purposes. This information can be found in the “Closed-End Funds” section of . As applicable, the final determination of the source and tax characteristics of all distributions in 2024 will be made after the end of the year. BlackRock Capital Allocation Term Trust (NYSE: BCAT), BlackRock ESG Capital Allocation Term Trust (NYSE: ECAT), BlackRock Science and Technology Term Trust (NYSE: BSTZ), BlackRock Health Sciences Term Trust (NYSE: BMEZ) and BlackRock Innovation and Growth Term Trust (NYSE: BIGZ) have adopted a managed distribution plan (a “Plan”) to support a level monthly distribution of income, capital gains and/or return of capital, or in the case of BMEZ, BSTZ, BIGZ, ECAT and BCAT a monthly distribution based on an annual rate of 12% (for BMEZ, BSTZ and BIGZ) and 20% (for ECAT and BCAT) of the Fund’s 12-month rolling average daily net asset value calculated 5 business days prior to declaration date of each distribution. The December 2024 distribution for each of BMEZ, BSTZ, BIGZ, ECAT and BCAT was calculated based on the average net asset value from 11/28/2023 to 11/27/2024. Below are the 12-month rolling average daily net asset values used to calculate BMEZ, BSTZ, BIGZ, ECAT and BCAT’s December distributions: BMEZ: $17.808095 BSTZ: $21.799921 BIGZ: $8.675040 ECAT: $18.410000 BCAT: $17.351032 Under its Plan, each Fund will distribute all available investment 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, a Fund will distribute long-term capital gains and/or return capital to its shareholders in order to maintain a level distribution. Each Fund’s estimated sources of the distributions paid as of November 29, 2024 and for its current fiscal year are as follows: Fund Distribution Net Income Net Realized Short-Term Gains Net Realized Long-Term Gains Return of Capital BMEZ 1 $0.176900 $0 (0%) $0 (0%) $0 (0%) $0.176900 (100%) BSTZ 1 $0.215490 $0 (0%) $0 (0%) $0 (0%) $0.215490 (100%) BIGZ 1 $0.086330 $0 (0%) $0 (0%) $0 (0%) $0.086330 (100%) BCAT 1 $0.288540 $0.032627 (11%) $0 (0%) $0 (0%) $0.255913 (89%) ECAT 1 $0.305030 $0.015937 (5%) $0 (0%) $0 (0%) $0.289093 (95%) Fund Distribution Net Income Net Realized Short-Term Gains Net Realized Long-Term Gains Return of Capital BMEZ 1 $1.512960 $0.040694 (3%) $0 (0%) $0 (0%) $1.472266 (97%) BSTZ 1 $1.801010 $0 (0%) $0 (0%) $0.619326 (34%) $1.181684 (66%) BIGZ 1 $0.747140 $0 (0%) $0 (0%) $0 (0%) $0.747140 (100%) BCAT 1 $2.359050 $0.244754 (10%) $0 (0%) $0 (0%) $2.114296 (90%) ECAT 1 $2.554050 $0.163438 (6%) $0 (0%) $0 (0%) $2.390612 (94%) 1 The 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. Fund Average annual total return (in relation to NAV) for the 5-year period ending on 10/31/2024 Annualized current distribution rate expressed as a percentage of NAV as of 10/31/2024 Cumulative total return (in relation to NAV) for the fiscal year through 10/31/2024 Cumulative fiscal year distributions as a percentage of NAV as of 10/31/2024 BMEZ* 5.15% 12.30% 4.83% 7.74% BSTZ 11.57% 11.80% 11.18% 7.24% BIGZ* (14.24%) 12.60% (0.66%) 8.04% BCAT* 4.90% 20.66% 10.23% 12.35% ECAT* 6.70% 20.43% 12.89% 12.55% * Portfolio launched within the past 5 years; the performance and distribution rate information presented for this Fund reflects data from inception to 10/31/2024. BlackRock Enhanced Government Fund, Inc. (NYSE: EGF), BlackRock Debt Strategies Fund, Inc. (NYSE: DSU), BlackRock Floating Rate Income Strategies Fund, Inc. (NYSE: FRA), 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), BlackRock Multi-Sector Income Trust (NYSE: BIT), BlackRock Income Trust, Inc. (NYSE: BKT) and BlackRock Taxable Municipal Bond Trust (NYSE: BBN) have adopted a Plan to support a level monthly distribution of income, capital gains and/or return of capital. 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 as of November 29, 2024 and for its current fiscal year are as follows: Fund Distribution Net Income Net Realized Short-Term Gains Net Realized Long-Term Gains Return of Capital EGF 2 $0.041000 $0.030660 (75%) $0 (0%) $0 (0%) $0.010340 (25%) BKT 2 $0.088200 $0.040551 (46%) $0 (0%) $0 (0%) $0.047649 (54%) DSU 2 $0.098730 $0.077696 (79%) $0 (0%) $0 (0%) $0.021034 (21%) FRA 2 $0.123840 $0.096014 (78%) $0 (0%) $0 (0%) $0.027826 (22%) BBN 2 $0.092900 $0.084923 (91%) $0 (0%) $0 (0%) $0.007977 (9%) BGT 2 $0.120280 $0.091087 (76%) $0 (0%) $0 (0%) $0.029193 (24%) HYT 2 $0.077900 $0.065724 (84%) $0 (0%) $0 (0%) $0.012176 (16%) BTZ 2 $0.083900 $0.060993 (73%) $0 (0%) $0 (0%) $0.022907 (27%) BLW 2 $0.113200 $0.099226 (88%) $0 (0%) $0 (0%) $0.013974 (12%) BHK 2 $0.074600 $0.048859 (65%) $0 (0%) $0 (0%) $0.025741 (35%) BIT 2 $0.123700 $0.083688 (68%) $0 (0%) $0 (0%) $0.040012 (32%) Fund Distribution Net Income Net Realized Short-Term Gains Net Realized Long-Term Gains Return of Capital EGF 2 $0.451000 $0.331478 (73%) $0 (0%) $0 (0%) $0.119522 (27%) BKT 2 $0.970200 $0.375393 (39%) $0 (0%) $0 (0%) $0.594807 (61%) DSU 2 $1.086030 $0.814092 (75%) $0 (0%) $0 (0%) $0.271938 (25%) FRA 2 $1.362240 $1.085287 (80%) $0 (0%) $0 (0%) $0.276953 (20%) BBN 2 $1.021900 $0.834551 (82%) $0 (0%) $0 (0%) $0.187349 (18%) BGT 2 $1.323080 $0.982460 (74%) $0 (0%) $0 (0%) $0.340620 (26%) HYT 2 $0.856900 $0.660644 (77%) $0 (0%) $0 (0%) $0.196256 (23%) BTZ 2 $0.922900 $0.620538 (67%) $0 (0%) $0 (0%) $0.302362 (33%) BLW 2 $1.213400 $1.026867 (85%) $0 (0%) $0 (0%) $0.186533 (15%) BHK 2 $0.820600 $0.519873 (63%) $0 (0%) $0 (0%) $0.300727 (37%) BIT 2 $1.360700 $0.846067 (62%) $0 (0%) $0 (0%) $0.514633 (38%) 2 The 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. Fund Average annual total return (in relation to NAV) for the 5-year period ending on 10/31/2024 Annualized current distribution rate expressed as a percentage of NAV as of 10/31/2024 Cumulative total return (in relation to NAV) for the fiscal year through 10/31/2024 Cumulative fiscal year distributions as a percentage of NAV as 10/31/2024 EGF (1.59%) 4.90% 1.39% 4.08% BKT (1.52%) 8.78% 1.76% 7.32% DSU 6.42% 11.08% 7.55% 9.24% FRA 6.63% 11.46% 7.56% 9.55% BBN (0.57%) 6.35% 2.66% 5.29% BGT 6.71% 11.42% 7.65% 9.52% HYT 5.53% 9.61% 8.34% 8.01% BTZ 2.98% 8.81% 6.47% 7.34% BLW 4.81% 9.62% 8.22% 7.79% BHK (0.49%) 8.45% 2.97% 7.04% BIT 5.58% 10.16% 7.65% 8.47% Each Plan will be subject to ongoing review by the Board to determine whether the Plan should be continued, modified or terminated. The Board may amend the terms of a Plan or suspend or terminate a Plan at any time without prior notice to the Fund’s shareholders if it deems such actions to be in the best interest of the Fund or its shareholders. The amendment or termination of a Plan could have an adverse effect on the market price of the Fund's shares. BlackRock’s purpose is to help more and more people experience financial well-being. As a fiduciary to investors and a leading provider of financial technology, we help millions of people build savings that serve them throughout their lives by making investing easier and more affordable. For additional information on BlackRock, please visit BlackRock will update performance and certain other data for the Funds on a monthly basis on its website in the “Closed-end Funds” section of as well as certain other material information as necessary from time to time. Investors and others are advised to check the website for updated performance information and the release of other material information about the Funds. This reference to BlackRock’s website is intended to allow investors public access to information regarding the Funds and does not, and is not intended to, incorporate BlackRock’s website in this release. This press release, and other statements that BlackRock or a Fund may make, may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act, with respect to a Fund’s or 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 the Funds, the following factors, among others, could cause actual events to differ materially from forward-looking statements or historical performance: (1) changes and volatility in political, economic or industry conditions, the interest rate environment, foreign exchange rates or financial and capital markets, which could result in changes in demand for the Funds or in a Fund’s net asset value; (2) the relative and absolute investment performance of a Fund and its investments; (3) the impact of increased competition; (4) the unfavorable resolution of any legal proceedings; (5) the extent and timing of any distributions or share repurchases; (6) the impact, extent and timing of technological changes; (7) the impact of legislative and regulatory actions and reforms, and regulatory, supervisory or enforcement actions of government agencies relating to a Fund or BlackRock, as applicable; (8) terrorist activities, international hostilities, health epidemics and/or pandemics and natural disasters, which may adversely affect the general economy, domestic and local financial and capital markets, specific industries or BlackRock; (9) BlackRock’s ability to attract and retain highly talented professionals; (10) the impact of BlackRock electing to provide support to its products from time to time; and (11) the impact of problems at other financial institutions or the failure or negative performance of products at other financial institutions. Annual and Semi-Annual Reports and other regulatory filings of the Funds with the Securities and Exchange Commission (“SEC”) are accessible on the SEC's website at and on BlackRock’s website at , and may discuss these or other factors that affect the Funds. The information contained on BlackRock’s website is not a part of this press release. View source version on : 1-800-882-0052 KEYWORD: NEW YORK UNITED STATES NORTH AMERICA INDUSTRY KEYWORD: ASSET MANAGEMENT PROFESSIONAL SERVICES FINANCE SOURCE: BlackRock Closed-End Funds Copyright Business Wire 2024. PUB: 12/06/2024 04:56 PM/DISC: 12/06/2024 04:56 PM
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Linda Annis offered a holiday message for shoppers: don’t let Christmastime Grinches steal your Christmas or your Christmas cheer. Annis, executive director of Metro Vancouver Crime Stoppers, gave her annual tips for a crime-free Christmas at a home in Cloverdale Dec. 9. “Every year, we ask the Grinch himself to help us remind people to follow some very common-sense precautions,” she said. “Nonetheless, every year we hear stories of people who still take chances with their valuables and their personal safety. That’s why we like to come out as the shopping season heats up with some helpful reminders, and a few things people might not have thought about.” Annis, who is also a Surrey city councillor, said the message is “especially important” as the year draws to a close and concerns with crime and public safety are riding. “Now is not the time to let down our guard when it comes to porch pirates, purse snatchers, home break-ins, parking lot B&Es and online fraudsters,” she said. “If you see a crime in action, call 9-1-1 or the local police right away. And if you have information about what nefarious deeds somebody’s up to, or see a suspicious person in the neighbourhood, but want to remain anonymous, call us at Crime Stoppers.” She added if anyone has information, they can telephone Crime Stoppers, use the P3 smartphone app to report crime anonymously, or visit solvecrime.ca. “Your anonymity is guaranteed by the Supreme Court of Canada. You’ll never be questioned or called to testify.” Annis, the Grinch, and little Cindy Lou Who teamed up to stage safety scenarios. Their efforts helped illustrate the dos and dont’s for the holidays as it pertained to shopping, both at stores and online. Annis ended her remarks with a few red hot, Grinch-thwarting tips to help prevent the onset of some Christmas blues. Ask neighbours to help keep an eye on your front door for deliveries. Some thieves actually follow delivery trucks to people’s homes so they can steal parcels as soon as the truck is gone. Use your video camera feeds to watch for both deliveries and crooks. Maybe you’ll spot someone stealing your Christmas lawn display, or packages from your porch. Where programs exist, register your doorbell and home security cameras to help police quickly find recordings of neighbourhood crimes. Voluntary programs in some cities, like Project Iris in Surrey, could help police solve a break-in or other crime at your house or your neighbour’s. Does the website you’re buying from, and the merch you buying, look legit? Maybe it’s cheaper that it really should be? Organized retail crime costs Canadians almost $5 billion a year, so buy from established businesses, not unknown sources. Shoplifted or stolen goods may be sold online or through flea markets, with the money often going to gangs dealing in drugs or illegal weapons. Think about who might be watching your sunny vacation pics on social media. Remember, your post from the beach tells the whole world you’re not at home – and that includes thieves. Large empty boxes outside your home tell everyone what valuable goodies are inside your house to steal. Boxes from that gaming computer, 65-inch TV, or other expensive gifts should be stored out of sight until the cardboard can be recycled. You can also close blinds to keep people from seeing inside your house. Etch your valuables in case they’re stolen. Ask local police to help etch your property with your driver’s license number. Also photograph valuables showing make, model and serial number. Theft is getting worse, so don’t leave valuables visible in your car. Before you lock up your car to go shopping, leave nothing visible inside. Not even pocket change or empty bottles or cans. And don’t fill your car with gifts and then go back into more stores. Someone may be watching what you’ve bought. Find a busy, well-lit section of the parking lot and lock your gifts out of sight in the trunk. Leave your garage door opener at home or in your pocket. A thief who takes your remote sitting from your console, and finds your address somewhere in the car, considers that an open invitation to come open your garage for a look. Watch your pockets in busy stores. Keep purses and wallets where you can keep track of them and thwart pickpockets who look to take advantage while jostling with holiday crowds. Visit for more info.Readers Write: Abortion debate, Gaetz report, Dean Phillips, headlines, media literacyNASHVILLE, Tenn. (AP) — The Tennessee Titans keep proving that for every step forward, they always find ways to take two back. Read this article for free: Already have an account? To continue reading, please subscribe: * NASHVILLE, Tenn. (AP) — The Tennessee Titans keep proving that for every step forward, they always find ways to take two back. Read unlimited articles for free today: Already have an account? NASHVILLE, Tenn. (AP) — The Tennessee Titans keep proving that for every step forward, they always find ways to take two back. The Titans (3-9) clinched a third straight losing record to mark first-year coach Brian Callahan’s debut season in an ugly 42-19 loss to Washington. Yet another slow start, more turnovers, sacks, penalties ruined their chance at stringing together consecutive wins for the first time in more than two years. Callahan said Monday they’re trying to build consistency. “In the NFL, a lot of it is about not losing the game first, and we do right now with the amount of penalties and turnovers we’ve had,” Callahan said. “We put ourselves in position to lose games and not win them. And so, yes, there is a there is an element of learning how to win.” Tennessee had 11 of 12 penalties before halftime, trailing 28-7. The Titans also were the previous NFL team to be flagged for at least 11 penalties and trail by 20 or more points at halftime in Week 17 of 2005 against the Jaguars. Only Baltimore has been penalized more than Tennessee this season. Two-time Pro Bowl defensive lineman Jeffery Simmons said after the loss that the Titans need to learn how to deal with winning better coming off a 32-27 win at Houston. Simmons said they were “hungover from our own success.” Callahan said Monday he didn’t see any hangover issues. “You have a performance like that and you’re sort of grasping for an explanation on why and there really wasn’t one other than we made too many errors early in the game and put ourselves in a hole,” Callahan said. What’s working Quarterback Will Levis’ development over the four games since his return from a sprained, right throwing shoulder at least gives the Titans promise for the future. The second-year quarterback made some nice throws and limited yards lost on two sacks Sunday. He threw two TD passes for 212 yards. Since his return, he is completing 61.7% of his passes for 960 yards with seven touchdown passes and only two interceptions with a 101.3 passer rating in that span. What needs help Now the defense is struggling after going into Washington second in the NFL in yards allowed, ninth against the run and first defending the pass. They gave up a season-high 267 yards rushing after giving up just 40 a week ago. The Titans also gave up 28 points within the first 20 minutes, becoming only the third team to do that in the past five seasons. The Titans also did that in Week 8 earlier this season after being routed by the Lions in Detroit. Washington did it against Dallas in Week 16 of 2021. Stock up WR Nick Westbrook-Ikhine. Originally undrafted out of Indiana, Westbrook-Ikhine is tied for fourth in the NFL with eight TD catches entering Monday. That’s despite starting only five games this season and not having a pass thrown to him the first month of the season. He has earned a multi-year deal with his performance. He had three receptions for 61 yards against Washington and was targeted a season-high eight times. Stock down Rookie Jha’Quan Jackson. A sixth-round pick out of Tulane and nephew of Pro Football Hall of Fame defensive back Ed Reed has fumbled five times as the punt returner recovering only two of those. That got him benched against Washington. His fumbles have come in the past six games, including one in each of the past two. His fumble against Washington led to an early touchdown. Injuries LT JC Latham hurt a quadriceps muscle but finished the game. Callahan said they will see how CB Roger McCreary (shoulder) and LB Kenneth Murray Jr. (strained hamstring) recover during the week. Key number 36 — The number of games since the Titans have had consecutive victories. Winnipeg Jets Game Days On Winnipeg Jets game days, hockey writers Mike McIntyre and Ken Wiebe send news, notes and quotes from the morning skate, as well as injury updates and lineup decisions. Arrives a few hours prior to puck drop. Next steps The Titans at least are home with their best focus trying to improve their standing inside the AFC South with four divisional games down the stretch. They have two games remaining against Jacksonville (2-10) starting Sunday with Trevor Lawrence likely out. But their biggest question now is how high does this franchise draft in April. ___ AP NFL: https://apnews.com/hub/nfl Advertisement Advertisement