Certain BlackRock Closed-End Funds Announce Estimated Sources of Distributions

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NEW YORK, April 30, 2024--(BUSINESS WIRE)--Today, BlackRock Resources & Commodities Strategy Trust (NYSE: BCX), BlackRock Enhanced Equity Dividend Trust (NYSE: BDJ), BlackRock Energy and Resources Trust (NYSE: BGR), BlackRock Enhanced International Dividend Trust (NYSE: BGY), BlackRock Health Sciences Trust (NYSE: BME), BlackRock Health Sciences Term Trust (NYSE: BMEZ), BlackRock Enhanced Global Dividend Trust (NYSE: BOE), BlackRock Utilities, Infrastructure & Power Opportunities Trust (NYSE: BUI), BlackRock Enhanced Capital and Income Fund, Inc. (NYSE: CII), BlackRock Science and Technology Trust (NYSE: BST), BlackRock Science and Technology Term Trust (NYSE: BSTZ), BlackRock Innovation and Growth Term Trust (NYSE: BIGZ), BlackRock Capital Allocation Term Trust (NYSE: BCAT), and BlackRock ESG Capital Allocation Term Trust (NYSE: ECAT) (collectively, the "Funds") paid the following distributions per share:

Fund

Pay Date

Per Share

BCX

April 30, 2024

$0.051800

BDJ

April 30, 2024

$0.056200

BGR

April 30, 2024

$0.065700

BGY

April 30, 2024

$0.033800

BME

April 30, 2024

$0.213000

BMEZ

April 30, 2024

$0.090150

BOE

April 30, 2024

$0.063000

BUI

April 30, 2024

$0.121000

CII

April 30, 2024

$0.099500

BST

April 30, 2024

$0.250000

BSTZ

April 30, 2024

$0.104460

BIGZ

April 30, 2024

$0.044480

BCAT

April 30, 2024

$0.127500

ECAT

April 30, 2024

$0.150000

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 and BIGZ a monthly distribution based on an annual rate of 6% 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.

The Funds’ estimated sources of the distributions paid this month and for their current fiscal year are as follows:

Estimated Allocations as of April 30, 2024

Fund

Distribution

Net Income

Net Realized Short-Term Gains

Net Realized Long-Term Gains

Return of Capital

BCX1

$0.051800

$0.018402 (36%)

$0 (0%)

$0 (0%)

$0.033398 (64%)

BDJ

$0.056200

$0.016192 (29%)

$0 (0%)

$0.040008 (71%)

$0 (0%)

BGR1

$0.065700

$0.003098 (5%)

$0 (0%)

$0 (0%)

$0.062602 (95%)

BGY1

$0.033800

$0.010717 (32%)

$0 (0%)

$0 (0%)

$0.023083 (68%)

BME1

$0.213000

$0.008265 (4%)

$0 (0%)

$0 (0%)

$0.204735 (96%)

BMEZ1

$0.090150

$0 (0%)

$0 (0%)

$0 (0%)

$0.090150 (100%)

BOE1

$0.063000

$0.026188 (42%)

$0 (0%)

$0 (0%)

$0.036812 (58%)

BUI1

$0.121000

$0 (0%)

$0 (0%)

$0.121000 (100%)

$0 (0%)

CII

$0.099500

$0.000364 (0%)

$0 (0%)

$0.099136 (100%)

$0 (0%)

BST

$0.250000

$0 (0%)

$0 (0%)

$0.250000 (100%)

$0 (0%)

BSTZ1

$0.104460

$0 (0%)

$0 (0%)

$0 (0%)

$0.104460 (100%)

BIGZ1

$0.044480

$0 (0%)

$0 (0%)

$0 (0%)

$0.044480 (100%)

BCAT1

$0.127500

$0 (0%)

$0 (0%)

$0 (0%)

$0.127500 (100%)

ECAT1

$0.150000

$0 (0%)

$0 (0%)

$0 (0%)

$0.150000 (100%)

Estimated Allocations for the Fiscal Year through April 30, 2024

Fund

Distribution

Net Income

Net Realized Short-Term Gains

Net Realized Long-Term Gains

Return of Capital

BCX1

$0.207200

$0.083677 (40%)

$0 (0%)

$0 (0%)

$0.123523 (60%)

BDJ

$0.224800

$0.224105 (100%)

$0 (0%)

$0.000695 (0%)

$0 (0%)

BGR1

$0.262800

$0.097331 (37%)

$0 (0%)

$0 (0%)

$0.165469 (63%)

BGY1

$0.135200

$0.015804 (12%)

$0 (0%)

$0 (0%)

$0.119396 (88%)

BME1

$0.852000

$0.046461 (5%)

$0 (0%)

$0 (0%)

$0.805539 (95%)

BMEZ1

$0.361530

$0 (0%)

$0 (0%)

$0 (0%)

$0.361530 (100%)

BOE1

$0.252000

$0.064975 (26%)

$0 (0%)

$0 (0%)

$0.187025 (74%)

BUI1

$0.484000

$0.076425 (16%)

$0 (0%)

$0.373447 (77%)

$0.034128 (7%)

CII

$0.398000

$0.032080 (8%)

$0 (0%)

$0.365920 (92%)

$0 (0%)

BST1

$1.000000

$0 (0%)

$0 (0%)

$1.000000 (100%)

$0 (0%)

BSTZ

$0.413970

$0 (0%)

$0 (0%)

$0 (0%)

$0.413970 (100%)

BIGZ1

$0.178320

$0 (0%)

$0 (0%)

$0 (0%)

$0.178320 (100%)

BCAT1

$0.510000

$0 (0%)

$0 (0%)

$0 (0%)

$0.510000 (100%)

ECAT1

$0.600000

$0 (0%)

$0 (0%)

$0 (0%)

$0.600000 (100%)

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.