BlackRock Announces Increased Distribution Rates for Certain Closed-End Funds
BlackRock ESG Capital Allocation Trust (ECAT)
Company Research
Source: Business Wire
NEW YORK--(BUSINESS WIRE)--Today, the Board of Trustees of each of BlackRock ESG Capital Allocation Term Trust (NYSE: ECAT), BlackRock Capital Allocation Term Trust (NYSE: BCAT), BlackRock Health Sciences Term Trust (NYSE: BMEZ), BlackRock Science and Technology Term Trust (NYSE: BSTZ), and BlackRock Innovation and Growth Term Trust (NYSE: BIGZ) (each a “Fund,” and collectively the “Funds”) announced increased distribution rates under each Fund’s managed distribution plan (“Plan”). Each Fund has adopted a Plan to support a level monthly distribution of income, capital gains and/or return of capital.“We have taken this step to support shareholders of these Funds, consistent with our goal of delivering long-term value. We are focused on enhancing returns for our closed-end fund shareholders and helping them plan for their financial futures,” said R. Glenn Hubbard, Chair of the Board of BlackRock Closed-End FundsEffective today, each of ECAT and BCAT will pay monthly distributions to
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ECAT
Sec Filings
- 6/26/24 - Form DFAN14A
- 6/26/24 - Form DFAN14A
- 6/25/24 - Form DFAN14A
- ECAT's page on the SEC website