Market Newsdesk

Coeur Announces Third Quarter 2023 Earnings Call

CHICAGO–(BUSINESS WIRE)–
Coeur Mining, Inc. (“Coeur” or the “Company”) (NYSE: CDE) today announced that it will report its third quarter 2023 operational and financial results after the New York Stock Exchange closes for trading on Wednesday, November 8, 2023. The Company will be hosting a conference call at 11:00 a.m. Eastern Time (10:00 a.m. Central Time) on Thursday, November 9, 2023.

Hosting the call will be Mitchell J. Krebs, President and Chief Executive Officer of Coeur, who will be joined by Thomas S. Whelan, Senior Vice President and Chief Financial Officer, Michael “Mick” Routledge, Senior Vice President and Chief Operating Officer, Aoife McGrath, Senior Vice President of Exploration, and other members of management. A replay of the call will be available through November 16, 2023.

Conference Call Details:
U.S.:	(855) 560-2581
Canada:	(855) 669-9657
International:	(412) 542-4166
Conference ID:	Coeur Mining

Replay Numbers:
U.S.:	(877) 344-7529
Canada:	(855) 669-9658
International:	(412) 317-0088
Conference ID:	214 52 78

About Coeur

Coeur Mining, Inc. is a U.S.-based, well-diversified, growing precious metals producer with four wholly-owned operations: the Palmarejo gold-silver complex in Mexico, the Rochester silver-gold mine in Nevada, the Kensington gold mine in Alaska and the Wharf gold mine in South Dakota. In addition, the Company wholly-owns the Silvertip silver-zinc-lead exploration project in British Columbia.

View source version on businesswire.com: https://www.businesswire.com/news/home/20231010448211/en/

Coeur Mining, Inc.

Jeff Wilhoit, Director, Investor Relations

Phone: (312) 489-5800

www.coeur.com

KEYWORDS: North America United States Australia Australia/Oceania Canada Idaho Nevada Alaska Colorado Illinois

INDUSTRY KEYWORDS: Mining/Minerals Natural Resources

MEDIA:

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Butterfield to Announce Third Quarter 2023 Financial Results on October 24, 2023 and Host Earnings Conference Call on October 25, 2023

HAMILTON, Bermuda–(BUSINESS WIRE)–
The Bank of N.T. Butterfield & Son Limited (“Butterfield”) (NYSE: NTB | BSX: NTB.BH) will release third quarter 2023 financial results following the close of the New York Stock Exchange on Tuesday, October 24, 2023.

Earnings conference call: Wednesday, October 25, 2023 at 10:00 a.m. Eastern Time

Dial-in information: +1 (844) 855 9501 (toll-free US) or +1 (412) 858 4603 (international)

Conference ID: Butterfield Group

Live audio webcast: A live audio webcast of the call can be accessed via Butterfield’s investor relations page on Butterfield’s website at https://www.butterfieldgroup.com/investor-relations/events-presentations

Replay: An audio replay of the call will be available at https://www.butterfieldgroup.com/investor-relations/events-presentations for 12 months beginning October 25, 2023.

About Butterfield:

Butterfield is a full-service bank and wealth manager headquartered in Hamilton, Bermuda, providing services to clients from Bermuda, the Cayman Islands, Guernsey and Jersey, where our principal banking operations are located, and The Bahamas, Switzerland, Singapore and the United Kingdom, where we offer specialized financial services. Banking services comprise deposit, cash management and lending solutions for individual, business and institutional clients. Wealth management services are composed of trust, private banking, asset management and custody. In Bermuda, the Cayman Islands and Guernsey, we offer both banking and wealth management. In The Bahamas, Singapore and Switzerland, we offer select wealth management services. In the UK, we offer residential property lending. In Jersey, we offer select banking and wealth management services. Butterfield is publicly traded on the New York Stock Exchange (symbol: NTB) and the Bermuda Stock Exchange (symbol: NTB.BH). Further details on the Butterfield Group can be obtained from our website at: www.butterfieldgroup.com.

BF-All

View source version on businesswire.com: https://www.businesswire.com/news/home/20231010369392/en/

Investor Relations Contact:

Noah Fields

Investor Relations

The Bank of N.T. Butterfield & Son Limited

Phone : (441) 299 3816

E-mail : [email protected]

Media Relations Contact:

Nicky Stevens

Group Strategic Marketing & Communications

The Bank of N.T. Butterfield & Son Limited

Phone: (441) 299 1624

Cellular: (441) 524 4106

E-mail: [email protected]

 

KEYWORDS: New York Caribbean United States Bermuda North America

INDUSTRY KEYWORDS: Banking Professional Services Finance

MEDIA:

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Masonite Announces Dates of Third Quarter 2023 Earnings Release and Investor Conference Call

TAMPA, Fla.–(BUSINESS WIRE)–
Masonite International Corporation (NYSE: DOOR) today announced it will release third quarter 2023 financial results after the market close on Tuesday, November 7, 2023.

Management will host a conference call at 9:00 a.m. (Eastern Time) on Wednesday, November 8, 2023, to discuss the results.

A webcast of the conference call will be available on the Masonite website at investor.masonite.com. It is recommended that listeners log on at least 10 minutes prior to the start of the call.

Telephone access to the call will be available at 877-407-8289 (in the U.S.) or by dialing 201-689-8341 (outside the U.S.).

A telephone replay will be available approximately one hour following completion of the call through November 22, 2023. To access the replay, please dial 877-660-6853 (in the U.S.) or 201-612-7415 (outside the U.S.). Enter Conference ID #13741857.

ABOUT MASONITE

Masonite International Corporation is a leading global designer, manufacturer, marketer and distributor of interior and exterior doors and door systems for the new construction and repair, renovation and remodeling sectors of the residential and non-residential building construction markets. Since 1925, Masonite has provided its customers with innovative products and superior service at compelling values. Masonite currently serves approximately 7,000 customers globally. Additional information about Masonite can be found at www.masonite.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20231010714447/en/

Investor Contacts:

Richard Leland

VP, FINANCE AND TREASURER

813.739.1808 | [email protected]

Marcus Devlin

DIRECTOR, INVESTOR RELATIONS

813.371.5839 | [email protected]

KEYWORDS: United States North America Florida

INDUSTRY KEYWORDS: Commercial Building & Real Estate Construction & Property Interior Design Home Goods Building Systems Architecture Retail Other Construction & Property Residential Building & Real Estate

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Posted on October 10, 2023 5:51 pm

Compass Digital Acquisition Corp. Announces Postponement of its Extraordinary General Meeting of Shareholders to 12 P.M. ET on October 19, 2023

NEW YORK, Oct. 10, 2023 (GLOBE NEWSWIRE) — Compass Digital Acquisition Corp. (NASDAQ: CDAQ) (the “Company”) today announced that its extraordinary general meeting of the shareholders (the “Meeting”) will be postponed from 12:00 p.m. Eastern Time on October 12, 2023 to 1:00 p.m. Eastern Time on October 19, 2023. The record date for determining the Company shareholders entitled to receive notice of and to vote at the Meeting remains the close of business on September 21, 2023 (the “Record Date”). Shareholders who have previously submitted their proxies or otherwise voted and who do not want to change their vote need not take any action. Shareholders as of the Record Date can vote, even if they have subsequently sold their shares. In connection with the postponement of the Meeting, the deadline for holders of the Company’s Class A ordinary shares issued in the Company’s initial public offering to submit their shares for redemption has been extended to 5:00 PM Eastern time on October 17, 2023. Shareholders who wish to withdraw their previously submitted redemption request may do so by requesting that the transfer agent return such shares prior to the rescheduled meeting on October 19, 2023.

About Compass Digital Acquisition Corp.

The Company is a blank check company incorporated in the Cayman Islands on March 8, 2021. The Company was formed for the purpose of effectuating a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or other similar business combination with one or more businesses. The Company is an early stage and emerging growth company and, as such, the Company is subject to all of the risks associated with early stage and emerging growth companies.

Forward Looking Statements

The information included herein may include, and oral statements made from time to time by representatives of the Company may include, “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Statements other than statements of historical fact included in this document are forward-looking statements. When used in this document, words such as “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “might,” “plan,” “possible,” “potential,” “predict,” “project,” “should,” “would” and similar expressions, as they relate to us or our management team, identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. Such forward-looking statements are based on the beliefs of management, as well as assumptions made by, and information currently available to, the Company’s management. Forward-looking statements are not guarantees of future performance, and actual results could differ materially from those contemplated by the forward-looking statements, so undue reliance should not be placed on forward-looking statements. Forward-looking statements are subject to numerous conditions, risks, and uncertainties, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company’s Annual Report on Form 10-K for the year ended December 31, 2022 filed with the U.S. Securities and Exchange Commission (the “SEC”), under the “Risk Factors” section in the definitive proxy statement (the “Proxy Statement”) in connection with the Meeting, filed by the Company with the SEC on September 29, 2023, and in other reports filed by the Company with the SEC. The Company assumes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events or otherwise.

No Offer or Solicitation

This communication shall not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any states or jurisdictions in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such jurisdiction. No offering of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended, or an exemption therefrom.

Additional Information and Where to Find It

The Company urges investors, shareholders and other interested persons to read the Proxy Statement as well as other documents filed by the Company with the SEC, because these documents will contain important information about the Company and the Extension Amendment Proposal. Shareholders may obtain copies of the Proxy Statement, any amendments or supplements thereto and other documents containing important information about the Company, once such documents are filed with the SEC, without charge, at the SEC’s website at www.sec.gov or by directing a request to the Company’s proxy solicitor, Morrow Sodali LLC, at 33 Ludlow Street, 5th Floor, South Tower, Stamford, CT 06902, Toll-Free (800) 662-5200 or (203) 658-9400, Email: [email protected].

Participants in Solicitation

The Company and its directors and executive officers and other persons may be deemed to be participants in the solicitation of proxies from the Company’s shareholders in respect of the Extension Amendment Proposal. Information regarding the Company’s directors and executive officers is available in its annual report on Form 10-K filed with the SEC. Additional information regarding the participants in the proxy solicitation and a description of their direct and indirect interests are contained in Proxy Statement, which may be obtained free of charge from the sources indicated above.

Contact

Investor & Media Relations
Cody Slach
949-574-3860
[email protected]

Posted on October 10, 2023 5:47 pm

BlackRock Closed-End Funds have Repurchased over $1 Billion of Shares since the Share Repurchase Program’s Inception

BlackRock Closed-End Funds have Repurchased over $1 Billion of Shares since the Share Repurchase Program’s Inception

NEW YORK–(BUSINESS WIRE)–
BlackRock Advisors, LLC (“BlackRock”) released today share repurchase activity for certain BlackRock-advised closed-end funds (the “Funds”) during the quarter ended September 30, 2023. The Funds have authorized open market share repurchase programs (the “Repurchase Programs”) pursuant to which each Fund may repurchase, through November 30, 2023, up to 5% of its outstanding common shares in open market transactions. The Repurchase Programs seek to enhance shareholder value by purchasing Fund shares trading at a discount from their net asset value (“NAV”) per share, which could result in incremental accretion to a Fund’s NAV.

• Since the initial Repurchase Program’s inception in 2016, BlackRock has repurchased over $1.1 billion in shares across the closed-end fund (“CEF”) complex, leading to over $184 million in NAV accretion.

• BlackRock repurchased over $153 million in shares across the entire CEF complex in the third quarter, leading to over $27 million in NAV accretion.

Below is a summary of share repurchase activity over this past quarter and since the inception of each Fund’s Repurchase Program:

Municipal CEFs

Summary of share repurchase activity during the most recent calendar quarter ended September 30, 2023:

Fund Name	Ticker	Number of Shares Repurchased	Total Amount of Shares Repurchased	Total Amount of NAV Accretion	Average Discount on Days Repurchased
BlackRock California Municipal Income Trust	BFZ	34,606	$385,787	$47,791	-11.2%
BlackRock MuniHoldings California Quality Fund, Inc.	MUC	735,540	$7,647,378	$1,341,702	-15.1%
BlackRock MuniHoldings New Jersey Quality Fund, Inc.	MUJ	312,775	$3,398,237	$574,036	-14.7%
BlackRock MuniYield Michigan Quality Fund, Inc.	MIY	153,763	$1,650,642	$281,853	-14.9%
BlackRock MuniYield Pennsylvania Quality Fund	MPA	42,618	$474,751	$63,876	-12.1%
BlackRock Virginia Municipal Bond Trust	BHV	9,633	$96,541	$16,212	-14.4%
BlackRock New York Municipal Income Trust	BNY	122,952	$1,217,057	$211,284	-15.1%
BlackRock MuniHoldings New York Quality Fund, Inc.	MHN	158,889	$1,585,881	$272,214	-14.9%
BlackRock MuniYield New York Quality Fund, Inc.	MYN	221,503	$2,147,910	$362,206	-14.8%
BlackRock MuniVest Fund, Inc.	MVF	340,658	$2,236,420	$376,409	-14.7%
BlackRock MuniVest Fund II, Inc.	MVT	166,496	$1,685,265	$291,106	-14.9%
BlackRock Municipal Income Fund, Inc.	MUI	483,701	$5,309,379	$870,034	-14.3%
BlackRock MuniYield Quality Fund, Inc.	MQY	562,040	$6,282,246	$906,467	-12.9%
BlackRock MuniYield Quality Fund II, Inc.	MQT	161,131	$1,574,826	$251,602	-14.1%
BlackRock Municipal Income Trust II	BLE	349,645	$3,495,946	$583,128	-14.5%
BlackRock Municipal Income Quality Trust	BYM	207,486	$2,220,992	$329,675	-13.1%
BlackRock Investment Quality Municipal Trust Inc.	BKN	148,704	$1,641,023	$242,627	-13.0%
BlackRock MuniYield Fund, Inc.	MYD	320,004	$3,199,424	$532,652	-14.4%
BlackRock Municipal Income Trust	BFK	395,136	$3,815,411	$646,636	-14.7%
BlackRock MuniYield Quality Fund III, Inc.	MYI	555,665	$5,829,800	$894,539	-13.5%
BlackRock MuniHoldings Quality Fund II, Inc.	MUE	240,199	$2,269,264	$397,475	-15.0%
BlackRock MuniHoldings Fund, Inc.	MHD	425,427	$4,779,984	$808,797	-14.7%
BlackRock MuniAssets Fund, Inc.	MUA	88,775	$826,505	$110,860	-12.3%

Summary of share repurchase activity since Repurchase Program inception as of September 30, 2023:

Fund Name	Ticker	Number of Shares Repurchased	Total Amount of Shares Repurchased	Total Amount of NAV Accretion	Average Discount on Days Repurchased
BlackRock California Municipal Income Trust	BFZ	1,663,310	$19,512,332	$3,071,465	-13.6%
BlackRock MuniHoldings California Quality Fund, Inc.	MUC	2,621,333	$28,301,909	$4,494,148	-14.2%
BlackRock MuniHoldings New Jersey Quality Fund, Inc.	MUJ	1,106,333	$12,552,142	$1,940,909	-14.0%
BlackRock MuniYield Michigan Quality Fund, Inc.	MIY	476,746	$5,370,544	$866,490	-14.3%
BlackRock MuniYield Pennsylvania Quality Fund	MPA	367,579	$4,241,328	$645,345	-12.9%
BlackRock Virginia Municipal Bond Trust	BHV	15,392	$157,923	$25,966	-14.2%
BlackRock New York Municipal Income Trust	BNY	401,087	$4,053,212	$692,198	-14.4%
BlackRock MuniHoldings New York Quality Fund, Inc.	MHN	704,554	$7,171,483	$1,121,240	-13.9%
BlackRock MuniYield New York Quality Fund, Inc.	MYN	1,005,789	$9,915,953	$1,549,492	-13.9%
BlackRock MuniVest Fund, Inc.	MVF	1,030,405	$6,903,752	$1,064,057	-13.8%
BlackRock MuniVest Fund II, Inc.	MVT	392,282	$4,085,532	$649,784	-14.0%
BlackRock Municipal Income Fund, Inc.	MUI	1,348,660	$15,345,720	$2,284,385	-13.4%
BlackRock MuniYield Quality Fund, Inc.	MQY	1,012,460	$11,476,304	$1,617,081	-12.6%
BlackRock MuniYield Quality Fund II, Inc.	MQT	339,561	$3,397,997	$512,709	-13.5%
BlackRock Municipal Income Trust II	BLE	833,204	$8,560,298	$1,325,686	-13.9%
BlackRock Municipal Income Quality Trust	BYM	330,309	$3,599,426	$514,021	-12.7%
BlackRock Investment Quality Municipal Trust Inc.	BKN	376,081	$4,187,507	$591,719	-12.8%
BlackRock MuniYield Fund, Inc.	MYD	749,894	$7,737,267	$1,185,618	-13.7%
BlackRock Municipal Income Trust	BFK	877,427	$8,609,992	$1,405,305	-14.3%
BlackRock MuniYield Quality Fund III, Inc.	MYI	1,020,790	$10,891,959	$1,598,590	-13.0%
BlackRock MuniHoldings Quality Fund II, Inc.	MUE	437,902	$4,200,900	$709,986	-14.5%
BlackRock MuniHoldings Fund, Inc.	MHD	887,327	$10,165,532	$1,650,197	-14.1%
BlackRock MuniAssets Fund, Inc.	MUA	88,775	$826,505	$110,860	-12.3%

Equity CEFs

Summary of share repurchase activity during the most recent calendar quarter ended September 30, 2023:

Fund Name	Ticker	Number of Shares Repurchased	Total Amount of Shares Repurchased	Total Amount of NAV Accretion	Average Discount on Days Repurchased
BlackRock Health Sciences Term Trust	BMEZ	1,515,753	$22,384,628	$4,276,401	-15.7%
BlackRock Innovation and Growth Term Trust	BIGZ	2,490,297	$17,319,181	$3,938,979	-19.0%
BlackRock Science and Technology Term Trust	BSTZ	845,159	$14,060,665	$3,213,653	-19.1%
BlackRock Resources & Commodities Strategy Trust	BCX	1,000,736	$9,420,661	$1,398,013	-13.2%
BlackRock Enhanced International Dividend Trust	BGY	660,810	$3,485,985	$497,831	-12.9%
BlackRock Enhanced Global Dividend Trust	BOE	351,426	$3,476,988	$534,150	-13.6%
BlackRock Energy and Resources Trust	BGR	214,134	$2,727,745	$361,972	-12.1%

Summary of share repurchase activity since Repurchase Program inception as of September 30, 2023:

Fund Name	Ticker	Number of Shares Repurchased	Total Amount of Shares Repurchased	Total Amount of NAV Accretion	Average Discount on Days Repurchased
BlackRock Innovation and Growth Term Trust	BIGZ	18,909,732	$176,860,365	$35,473,427	-18.5%
BlackRock Health Sciences Term Trust	BMEZ	6,155,567	$95,748,350	$17,702,027	-15.6%
BlackRock Science and Technology Term Trust	BSTZ	2,467,361	$41,616,419	$8,535,673	-16.7%
BlackRock Energy and Resources Trust	BGR	2,211,550	$22,631,112	$3,118,124	-12.3%
BlackRock Enhanced Equity Dividend Trust	BDJ	2,974,888	$23,626,347	$2,641,607	-10.1%
BlackRock Enhanced Global Dividend Trust	BOE	7,603,259	$77,598,471	$10,349,962	-12.2%
BlackRock Enhanced International Dividend Trust	BGY	9,274,687	$49,389,567	$6,386,285	-11.9%
BlackRock Resources & Commodities Strategy Trust	BCX	14,201,774	$116,163,619	$16,914,856	-13.1%
BlackRock Science and Technology Trust	BST	136,367	$2,799,570	$284,111	-9.1%

Multi-Asset CEFs

Summary of share repurchase activity during the most recent calendar quarter ended September 30, 2023:

Fund Name	Ticker	Number of Shares Repurchased	Total Amount of Shares Repurchased	Total Amount of NAV Accretion	Average Discount on Days Repurchased
BlackRock Capital Allocation Term Trust	BCAT	673,184	$9,718,056	$1,515,672	-13.8%
BlackRock ESG Capital Allocation Term Trust	ECAT	489,120	$7,268,837	$1,090,235	-13.4%

Summary of share repurchase activity since Repurchase Program inception as of September 30, 2023:

Fund Name	Ticker	Number of Shares Repurchased	Total Amount of Shares Repurchased	Total Amount of NAV Accretion	Average Discount on Days Repurchased
BlackRock Capital Allocation Term Trust	BCAT	5,127,654	$78,243,175	$13,254,684	-15.3%
BlackRock ESG Capital Allocation Term Trust	ECAT	3,814,731	$54,526,808	$10,776,340	-16.7%

Fixed Income CEFs

Summary of share repurchase activity during the most recent calendar quarter ended September 30, 2023:

No repurchases during the calendar quarter ended September 30, 2023.

Summary of share repurchase activity since Repurchase Program inception as of September 30, 2023:

Fund Name	Ticker	Number of Shares Repurchased	Total Amount of Shares Repurchased	Total Amount of NAV Accretion	Average Discount on Days Repurchased
BlackRock Corporate High Yield Fund, Inc.	HYT	4,695,612	$48,249,031	$6,328,699	-11.8%
BlackRock Credit Allocation Income Trust	BTZ	4,222,616	$52,321,626	$7,126,080	-12.1%
BlackRock Debt Strategies Fund, Inc.	DSU	4,887,450	$54,871,336	$5,651,691	-9.7%
BlackRock Floating Rate Income Strategies Fund, Inc.	FRA	2,000,291	$24,605,346	$3,520,574	-12.8%
BlackRock Floating Rate Income Trust	BGT	1,361,673	$15,886,943	$2,250,227	-12.4%
BlackRock Income Trust, Inc.	BKT	145,423	$854,488	$79,581	-8.7%
BlackRock Limited Duration Income Trust	BLW	1,341,749	$19,494,225	$2,522,574	-11.4%
BlackRock Multi-Sector Income Trust	BIT	884,028	$14,722,265	$1,722,801	-10.5%

The amount and timing of any repurchases under each Fund’s Repurchase Program will be determined either at the discretion of the Fund’s management or pursuant to predetermined parameters and instructions subject to market conditions. There is no assurance that any Fund will repurchase shares in any particular amounts. A Fund’s repurchase activity will be disclosed in its shareholder report for the relevant fiscal period. Any repurchases made under any Repurchase Program will be made on a national securities exchange at the prevailing market price, subject to exchange requirements and certain volume and timing limitations and other regulations under federal securities laws.

About BlackRock

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 www.blackrock.com/corporate | Twitter: @blackrock | LinkedIn: www.linkedin.com/company/blackrock

Availability of Fund Updates

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 www.blackrock.com 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.

Forward-Looking Statements

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 www.sec.gov and on BlackRock’s website at www.blackrock.com, 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 businesswire.com: https://www.businesswire.com/news/home/20231010320811/en/

1-800-882-0052

KEYWORDS: New York United States North America

INDUSTRY KEYWORDS: Asset Management Professional Services Finance

MEDIA:

Posted on October 10, 2023 5:46 pm

BIGZ, BMEZ, BSTZ, BCAT, and ECAT Repurchased over $137 Million of Shares in 2023

BIGZ, BMEZ, BSTZ, BCAT, and ECAT Repurchased over $137 Million of Shares in 2023

NEW YORK–(BUSINESS WIRE)–
BlackRock Advisors, LLC (“BlackRock”) released today share repurchase activity for certain BlackRock-advised closed-end funds (the “Funds”) during the quarter ended September 30, 2023. The Funds have authorized open market share repurchase programs (the “Repurchase Programs”) pursuant to which each Fund may repurchase, through November 30, 2023, up to 5% of its outstanding common shares in open market transactions. The Repurchase Programs seek to enhance shareholder value by purchasing Fund shares trading at a discount from their net asset value (“NAV”) per share, which could result in incremental accretion to a Fund’s NAV. Below is a summary of share repurchase activity over this past quarter and since the inception of each Fund’s Repurchase Program:

• BlackRock Innovation and Growth Term Trust (“BIGZ”), BlackRock Health Sciences Term Trust (“BMEZ”), BlackRock Science and Technology Term Trust (“BSTZ”), BlackRock Capital Allocation Term Trust (“BCAT”) and BlackRock ESG Capital Allocation Term Trust (“ECAT”) have repurchased over $137 million in shares in 2023, leading to over $27 million in NAV accretion.
• BIGZ, BSTZ, BMEZ, BCAT, and ECAT have repurchased approximately $447 million in shares, leading to over $85 million in NAV accretion since their Repurchase Programs’ respective inceptions.
• Since the initial Repurchase Program inception in 2016, BlackRock has repurchased over $1.1 billion in shares across the closed-end fund (“CEF”) complex, leading to over $184 million in NAV accretion.

Below is a summary of share repurchase activity over this past quarter and since the inception of each Fund’s Repurchase Program:

Municipal CEFs

Summary of share repurchase activity during the most recent calendar quarter ended September 30, 2023:

Fund Name	Ticker	Number of Shares Repurchased	Total Amount of Shares Repurchased	Total Amount of NAV Accretion	Average Discount on Days Repurchased
BlackRock California Municipal Income Trust	BFZ	34,606	$385,787	$47,791	-11.2%
BlackRock MuniHoldings California Quality Fund, Inc.	MUC	735,540	$7,647,378	$1,341,702	-15.1%
BlackRock MuniHoldings New Jersey Quality Fund, Inc.	MUJ	312,775	$3,398,237	$574,036	-14.7%
BlackRock MuniYield Michigan Quality Fund, Inc.	MIY	153,763	$1,650,642	$281,853	-14.9%
BlackRock MuniYield Pennsylvania Quality Fund	MPA	42,618	$474,751	$63,876	-12.1%
BlackRock Virginia Municipal Bond Trust	BHV	9,633	$96,541	$16,212	-14.4%
BlackRock New York Municipal Income Trust	BNY	122,952	$1,217,057	$211,284	-15.1%
BlackRock MuniHoldings New York Quality Fund, Inc.	MHN	158,889	$1,585,881	$272,214	-14.9%
BlackRock MuniYield New York Quality Fund, Inc.	MYN	221,503	$2,147,910	$362,206	-14.8%
BlackRock MuniVest Fund, Inc.	MVF	340,658	$2,236,420	$376,409	-14.7%
BlackRock MuniVest Fund II, Inc.	MVT	166,496	$1,685,265	$291,106	-14.9%
BlackRock Municipal Income Fund, Inc.	MUI	483,701	$5,309,379	$870,034	-14.3%
BlackRock MuniYield Quality Fund, Inc.	MQY	562,040	$6,282,246	$906,467	-12.9%
BlackRock MuniYield Quality Fund II, Inc.	MQT	161,131	$1,574,826	$251,602	-14.1%
BlackRock Municipal Income Trust II	BLE	349,645	$3,495,946	$583,128	-14.5%
BlackRock Municipal Income Quality Trust	BYM	207,486	$2,220,992	$329,675	-13.1%
BlackRock Investment Quality Municipal Trust Inc.	BKN	148,704	$1,641,023	$242,627	-13.0%
BlackRock MuniYield Fund, Inc.	MYD	320,004	$3,199,424	$532,652	-14.4%
BlackRock Municipal Income Trust	BFK	395,136	$3,815,411	$646,636	-14.7%
BlackRock MuniYield Quality Fund III, Inc.	MYI	555,665	$5,829,800	$894,539	-13.5%
BlackRock MuniHoldings Quality Fund II, Inc.	MUE	240,199	$2,269,264	$397,475	-15.0%
BlackRock MuniHoldings Fund, Inc.	MHD	425,427	$4,779,984	$808,797	-14.7%
BlackRock MuniAssets Fund, Inc.	MUA	88,775	$826,505	$110,860	-12.3%

Summary of share repurchase activity since Repurchase Program inception as of September 30, 2023:

Fund Name	Ticker	Number of Shares Repurchased	Total Amount of Shares Repurchased	Total Amount of NAV Accretion	Average Discount on Days Repurchased
BlackRock California Municipal Income Trust	BFZ	1,663,310	$19,512,332	$3,071,465	-13.6%
BlackRock MuniHoldings California Quality Fund, Inc.	MUC	2,621,333	$28,301,909	$4,494,148	-14.2%
BlackRock MuniHoldings New Jersey Quality Fund, Inc.	MUJ	1,106,333	$12,552,142	$1,940,909	-14.0%
BlackRock MuniYield Michigan Quality Fund, Inc.	MIY	476,746	$5,370,544	$866,490	-14.3%
BlackRock MuniYield Pennsylvania Quality Fund	MPA	367,579	$4,241,328	$645,345	-12.9%
BlackRock Virginia Municipal Bond Trust	BHV	15,392	$157,923	$25,966	-14.2%
BlackRock New York Municipal Income Trust	BNY	401,087	$4,053,212	$692,198	-14.4%
BlackRock MuniHoldings New York Quality Fund, Inc.	MHN	704,554	$7,171,483	$1,121,240	-13.9%
BlackRock MuniYield New York Quality Fund, Inc.	MYN	1,005,789	$9,915,953	$1,549,492	-13.9%
BlackRock MuniVest Fund, Inc.	MVF	1,030,405	$6,903,752	$1,064,057	-13.8%
BlackRock MuniVest Fund II, Inc.	MVT	392,282	$4,085,532	$649,784	-14.0%
BlackRock Municipal Income Fund, Inc.	MUI	1,348,660	$15,345,720	$2,284,385	-13.4%
BlackRock MuniYield Quality Fund, Inc.	MQY	1,012,460	$11,476,304	$1,617,081	-12.6%
BlackRock MuniYield Quality Fund II, Inc.	MQT	339,561	$3,397,997	$512,709	-13.5%
BlackRock Municipal Income Trust II	BLE	833,204	$8,560,298	$1,325,686	-13.9%
BlackRock Municipal Income Quality Trust	BYM	330,309	$3,599,426	$514,021	-12.7%
BlackRock Investment Quality Municipal Trust Inc.	BKN	376,081	$4,187,507	$591,719	-12.8%
BlackRock MuniYield Fund, Inc.	MYD	749,894	$7,737,267	$1,185,618	-13.7%
BlackRock Municipal Income Trust	BFK	877,427	$8,609,992	$1,405,305	-14.3%
BlackRock MuniYield Quality Fund III, Inc.	MYI	1,020,790	$10,891,959	$1,598,590	-13.0%
BlackRock MuniHoldings Quality Fund II, Inc.	MUE	437,902	$4,200,900	$709,986	-14.5%
BlackRock MuniHoldings Fund, Inc.	MHD	887,327	$10,165,532	$1,650,197	-14.1%
BlackRock MuniAssets Fund, Inc.	MUA	88,775	$826,505	$110,860	-12.3%

Equity CEFs

Summary of share repurchase activity during the most recent calendar quarter ended September 30, 2023:

Fund Name	Ticker	Number of Shares Repurchased	Total Amount of Shares Repurchased	Total Amount of NAV Accretion	Average Discount on Days Repurchased
BlackRock Health Sciences Term Trust	BMEZ	1,515,753	$22,384,628	$4,276,401	-15.7%
BlackRock Innovation and Growth Term Trust	BIGZ	2,490,297	$17,319,181	$3,938,979	-19.0%
BlackRock Science and Technology Term Trust	BSTZ	845,159	$14,060,665	$3,213,653	-19.1%
BlackRock Resources & Commodities Strategy Trust	BCX	1,000,736	$9,420,661	$1,398,013	-13.2%
BlackRock Enhanced International Dividend Trust	BGY	660,810	$3,485,985	$497,831	-12.9%
BlackRock Enhanced Global Dividend Trust	BOE	351,426	$3,476,988	$534,150	-13.6%
BlackRock Energy and Resources Trust	BGR	214,134	$2,727,745	$361,972	-12.1%

Summary of share repurchase activity since Repurchase Program inception as of September 30, 2023:

Fund Name	Ticker	Number of Shares Repurchased	Total Amount of Shares Repurchased	Total Amount of NAV Accretion	Average Discount on Days Repurchased
BlackRock Innovation and Growth Term Trust	BIGZ	18,909,732	$176,860,365	$35,473,427	-18.5%
BlackRock Health Sciences Term Trust	BMEZ	6,155,567	$95,748,350	$17,702,027	-15.6%
BlackRock Science and Technology Term Trust	BSTZ	2,467,361	$41,616,419	$8,535,673	-16.7%
BlackRock Energy and Resources Trust	BGR	2,211,550	$22,631,112	$3,118,124	-12.3%
BlackRock Enhanced Equity Dividend Trust	BDJ	2,974,888	$23,626,347	$2,641,607	-10.1%
BlackRock Enhanced Global Dividend Trust	BOE	7,603,259	$77,598,471	$10,349,962	-12.2%
BlackRock Enhanced International Dividend Trust	BGY	9,274,687	$49,389,567	$6,386,285	-11.9%
BlackRock Resources & Commodities Strategy Trust	BCX	14,201,774	$116,163,619	$16,914,856	-13.1%
BlackRock Science and Technology Trust	BST	136,367	$2,799,570	$284,111	-9.1%

Multi-Asset CEFs

Summary of share repurchase activity during the most recent calendar quarter ended September 30, 2023:

Fund Name	Ticker	Number of Shares Repurchased	Total Amount of Shares Repurchased	Total Amount of NAV Accretion	Average Discount on Days Repurchased
BlackRock Capital Allocation Term Trust	BCAT	673,184	$9,718,056	$1,515,672	-13.8%
BlackRock ESG Capital Allocation Term Trust	ECAT	489,120	$7,268,837	$1,090,235	-13.4%

Summary of share repurchase activity since Repurchase Program inception as of September 30, 2023:

Fund Name	Ticker	Number of Shares Repurchased	Total Amount of Shares Repurchased	Total Amount of NAV Accretion	Average Discount on Days Repurchased
BlackRock Capital Allocation Term Trust	BCAT	5,127,654	$78,243,175	$13,254,684	-15.3%
BlackRock ESG Capital Allocation Term Trust	ECAT	3,814,731	$54,526,808	$10,776,340	-16.7%

Fixed Income CEFs

Summary of share repurchase activity during the most recent calendar quarter ended September 30, 2023:

No Repurchase this quarter.

Summary of share repurchase activity since Repurchase Program inception as of September 30, 2023:

Fund Name	Ticker	Number of Shares Repurchased	Total Amount of Shares Repurchased	Total Amount of NAV Accretion	Average Discount on Days Repurchased
BlackRock Corporate High Yield Fund, Inc.	HYT	4,695,612	$48,249,031	$6,328,699	-11.8%
BlackRock Credit Allocation Income Trust	BTZ	4,222,616	$52,321,626	$7,126,080	-12.1%
BlackRock Debt Strategies Fund, Inc.	DSU	4,887,450	$54,871,336	$5,651,691	-9.7%
BlackRock Floating Rate Income Strategies Fund, Inc.	FRA	2,000,291	$24,605,346	$3,520,574	-12.8%
BlackRock Floating Rate Income Trust	BGT	1,361,673	$15,886,943	$2,250,227	-12.4%
BlackRock Income Trust, Inc.	BKT	145,423	$854,488	$79,581	-8.7%
BlackRock Limited Duration Income Trust	BLW	1,341,749	$19,494,225	$2,522,574	-11.4%
BlackRock Multi-Sector Income Trust	BIT	884,028	$14,722,265	$1,722,801	-10.5%

The amount and timing of any repurchases under each Fund’s Repurchase Program will be determined either at the discretion of the Fund’s management or pursuant to predetermined parameters and instructions subject to market conditions. There is no assurance that any Fund will repurchase shares in any particular amounts. A Fund’s repurchase activity will be disclosed in its shareholder report for the relevant fiscal period. Any repurchases made under any Repurchase Program will be made on a national securities exchange at the prevailing market price, subject to exchange requirements and certain volume and timing limitations and other regulations under federal securities laws.

About BlackRock

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 www.blackrock.com/corporate | Twitter: @blackrock | LinkedIn: www.linkedin.com/company/blackrock

Availability of Fund Updates

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 www.blackrock.com 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.

Forward-Looking Statements

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 www.sec.gov and on BlackRock’s website at www.blackrock.com, 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 businesswire.com: https://www.businesswire.com/news/home/20231010178180/en/

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Posted on October 10, 2023 5:43 pm

BlackRock Municipal Closed-End Funds Repurchased Over $160 Million of Shares in 2023

BlackRock Municipal Closed-End Funds Repurchased Over $160 Million of Shares in 2023

NEW YORK–(BUSINESS WIRE)–
BlackRock Advisors, LLC (“BlackRock”) released today share repurchase activity for certain BlackRock-advised closed-end funds (the “Funds”) during the quarter ended September 30, 2023. The Funds have authorized open market share repurchase programs (the “Repurchase Programs”) pursuant to which each Fund may repurchase, through November 30, 2023, up to 5% of its outstanding common shares in open market transactions. The Repurchase Programs seek to enhance shareholder value by purchasing Fund shares trading at a discount from their net asset value (“NAV”) per share, which could result in incremental accretion to a Fund’s NAV. Below is a summary of share repurchase activity over this past quarter and since the inception of each Fund’s Repurchase Program:

• BlackRock repurchased over $160 million in BlackRock municipal closed-end fund (“CEF”) shares, leading to approximately $25 million in shares in NAV accretion in 2023 year to date.

• Since the initial Repurchase Program inception in 2016, BlackRock has repurchased over $1.1 billion in shares across the BlackRock CEF complex, leading to over $184 million in NAV accretion.

Below is a summary of share repurchase activity over this past quarter and since the inception of each Fund’s Repurchase Program:

Municipal CEFs

Summary of share repurchase activity during the most recent calendar quarter ended September 30, 2023:

Fund Name	Ticker	Number of Shares Repurchased	Total Amount of Shares Repurchased	Total Amount of NAV Accretion	Average Discount on Days Repurchased
BlackRock California Municipal Income Trust	BFZ	34,606	$385,787	$47,791	-11.2%
BlackRock MuniHoldings California Quality Fund, Inc.	MUC	735,540	$7,647,378	$1,341,702	-15.1%
BlackRock MuniHoldings New Jersey Quality Fund, Inc.	MUJ	312,775	$3,398,237	$574,036	-14.7%
BlackRock MuniYield Michigan Quality Fund, Inc.	MIY	153,763	$1,650,642	$281,853	-14.9%
BlackRock MuniYield Pennsylvania Quality Fund	MPA	42,618	$474,751	$63,876	-12.1%
BlackRock Virginia Municipal Bond Trust	BHV	9,633	$96,541	$16,212	-14.4%
BlackRock New York Municipal Income Trust	BNY	122,952	$1,217,057	$211,284	-15.1%
BlackRock MuniHoldings New York Quality Fund, Inc.	MHN	158,889	$1,585,881	$272,214	-14.9%
BlackRock MuniYield New York Quality Fund, Inc.	MYN	221,503	$2,147,910	$362,206	-14.8%
BlackRock MuniVest Fund, Inc.	MVF	340,658	$2,236,420	$376,409	-14.7%
BlackRock MuniVest Fund II, Inc.	MVT	166,496	$1,685,265	$291,106	-14.9%
BlackRock Municipal Income Fund, Inc.	MUI	483,701	$5,309,379	$870,034	-14.3%
BlackRock MuniYield Quality Fund, Inc.	MQY	562,040	$6,282,246	$906,467	-12.9%
BlackRock MuniYield Quality Fund II, Inc.	MQT	161,131	$1,574,826	$251,602	-14.1%
BlackRock Municipal Income Trust II	BLE	349,645	$3,495,946	$583,128	-14.5%
BlackRock Municipal Income Quality Trust	BYM	207,486	$2,220,992	$329,675	-13.1%
BlackRock Investment Quality Municipal Trust Inc.	BKN	148,704	$1,641,023	$242,627	-13.0%
BlackRock MuniYield Fund, Inc.	MYD	320,004	$3,199,424	$532,652	-14.4%
BlackRock Municipal Income Trust	BFK	395,136	$3,815,411	$646,636	-14.7%
BlackRock MuniYield Quality Fund III, Inc.	MYI	555,665	$5,829,800	$894,539	-13.5%
BlackRock MuniHoldings Quality Fund II, Inc.	MUE	240,199	$2,269,264	$397,475	-15.0%
BlackRock MuniHoldings Fund, Inc.	MHD	425,427	$4,779,984	$808,797	-14.7%
BlackRock MuniAssets Fund, Inc.	MUA	88,775	$826,505	$110,860	-12.3%

Summary of share repurchase activity since Repurchase Program inception as of September 30, 2023:

Fund Name	Ticker	Number of Shares Repurchased	Total Amount of Shares Repurchased	Total Amount of NAV Accretion	Average Discount on Days Repurchased
BlackRock California Municipal Income Trust	BFZ	1,663,310	$19,512,332	$3,071,465	-13.6%
BlackRock MuniHoldings California Quality Fund, Inc.	MUC	2,621,333	$28,301,909	$4,494,148	-14.2%
BlackRock MuniHoldings New Jersey Quality Fund, Inc.	MUJ	1,106,333	$12,552,142	$1,940,909	-14.0%
BlackRock MuniYield Michigan Quality Fund, Inc.	MIY	476,746	$5,370,544	$866,490	-14.3%
BlackRock MuniYield Pennsylvania Quality Fund	MPA	367,579	$4,241,328	$645,345	-12.9%
BlackRock Virginia Municipal Bond Trust	BHV	15,392	$157,923	$25,966	-14.2%
BlackRock New York Municipal Income Trust	BNY	401,087	$4,053,212	$692,198	-14.4%
BlackRock MuniHoldings New York Quality Fund, Inc.	MHN	704,554	$7,171,483	$1,121,240	-13.9%
BlackRock MuniYield New York Quality Fund, Inc.	MYN	1,005,789	$9,915,953	$1,549,492	-13.9%
BlackRock MuniVest Fund, Inc.	MVF	1,030,405	$6,903,752	$1,064,057	-13.8%
BlackRock MuniVest Fund II, Inc.	MVT	392,282	$4,085,532	$649,784	-14.0%
BlackRock Municipal Income Fund, Inc.	MUI	1,348,660	$15,345,720	$2,284,385	-13.4%
BlackRock MuniYield Quality Fund, Inc.	MQY	1,012,460	$11,476,304	$1,617,081	-12.6%
BlackRock MuniYield Quality Fund II, Inc.	MQT	339,561	$3,397,997	$512,709	-13.5%
BlackRock Municipal Income Trust II	BLE	833,204	$8,560,298	$1,325,686	-13.9%
BlackRock Municipal Income Quality Trust	BYM	330,309	$3,599,426	$514,021	-12.7%
BlackRock Investment Quality Municipal Trust Inc.	BKN	376,081	$4,187,507	$591,719	-12.8%
BlackRock MuniYield Fund, Inc.	MYD	749,894	$7,737,267	$1,185,618	-13.7%
BlackRock Municipal Income Trust	BFK	877,427	$8,609,992	$1,405,305	-14.3%
BlackRock MuniYield Quality Fund III, Inc.	MYI	1,020,790	$10,891,959	$1,598,590	-13.0%
BlackRock MuniHoldings Quality Fund II, Inc.	MUE	437,902	$4,200,900	$709,986	-14.5%
BlackRock MuniHoldings Fund, Inc.	MHD	887,327	$10,165,532	$1,650,197	-14.1%
BlackRock MuniAssets Fund, Inc.	MUA	88,775	$826,505	$110,860	-12.3%

Equity CEFs

Summary of share repurchase activity during the most recent calendar quarter ended September 30, 2023:

Fund Name	Ticker	Number of Shares Repurchased	Total Amount of Shares Repurchased	Total Amount of NAV Accretion	Average Discount on Days Repurchased
BlackRock Health Sciences Term Trust	BMEZ	1,515,753	$22,384,628	$4,276,401	-15.7%
BlackRock Innovation and Growth Term Trust	BIGZ	2,490,297	$17,319,181	$3,938,979	-19.0%
BlackRock Science and Technology Term Trust	BSTZ	845,159	$14,060,665	$3,213,653	-19.1%
BlackRock Resources & Commodities Strategy Trust	BCX	1,000,736	$9,420,661	$1,398,013	-13.2%
BlackRock Enhanced International Dividend Trust	BGY	660,810	$3,485,985	$497,831	-12.9%
BlackRock Enhanced Global Dividend Trust	BOE	351,426	$3,476,988	$534,150	-13.6%
BlackRock Energy and Resources Trust	BGR	214,134	$2,727,745	$361,972	-12.1%

Summary of share repurchase activity since Repurchase Program inception as of September 30, 2023:

Fund Name	Ticker	Number of Shares Repurchased	Total Amount of Shares Repurchased	Total Amount of NAV Accretion	Average Discount on Days Repurchased
BlackRock Innovation and Growth Term Trust	BIGZ	18,909,732	$176,860,365	$35,473,427	-18.5%
BlackRock Health Sciences Term Trust	BMEZ	6,155,567	$95,748,350	$17,702,027	-15.6%
BlackRock Science and Technology Term Trust	BSTZ	2,467,361	$41,616,419	$8,535,673	-16.7%
BlackRock Energy and Resources Trust	BGR	2,211,550	$22,631,112	$3,118,124	-12.3%
BlackRock Enhanced Equity Dividend Trust	BDJ	2,974,888	$23,626,347	$2,641,607	-10.1%
BlackRock Enhanced Global Dividend Trust	BOE	7,603,259	$77,598,471	$10,349,962	-12.2%
BlackRock Enhanced International Dividend Trust	BGY	9,274,687	$49,389,567	$6,386,285	-11.9%
BlackRock Resources & Commodities Strategy Trust	BCX	14,201,774	$116,163,619	$16,914,856	-13.1%
BlackRock Science and Technology Trust	BST	136,367	$2,799,570	$284,111	-9.1%

Multi-Asset CEFs

Summary of share repurchase activity during the most recent calendar quarter ended September 30, 2023:

Fund Name	Ticker	Number of Shares Repurchased	Total Amount of Shares Repurchased	Total Amount of NAV Accretion	Average Discount on Days Repurchased
BlackRock Capital Allocation Term Trust	BCAT	673,184	$9,718,056	$1,515,672	-13.8%
BlackRock ESG Capital Allocation Term Trust	ECAT	489,120	$7,268,837	$1,090,235	-13.4%

Summary of share repurchase activity since Repurchase Program inception as of September 30, 2023:

Fund Name	Ticker	Number of Shares Repurchased	Total Amount of Shares Repurchased	Total Amount of NAV Accretion	Average Discount on Days Repurchased
BlackRock Capital Allocation Term Trust	BCAT	5,127,654	$78,243,175	$13,254,684	-15.3%
BlackRock ESG Capital Allocation Term Trust	ECAT	3,814,731	$54,526,808	$10,776,340	-16.7%

Fixed Income CEFs

Summary of share repurchase activity during the most recent calendar quarter ended September 30, 2023:

No Repurchase this quarter.

Summary of share repurchase activity since Repurchase Program inception as of September 30, 2023:

Fund Name	Ticker	Number of Shares Repurchased	Total Amount of Shares Repurchased	Total Amount of NAV Accretion	Average Discount on Days Repurchased
BlackRock Corporate High Yield Fund, Inc.	HYT	4,695,612	$48,249,031	$6,328,699	-11.8%
BlackRock Credit Allocation Income Trust	BTZ	4,222,616	$52,321,626	$7,126,080	-12.1%
BlackRock Debt Strategies Fund, Inc.	DSU	4,887,450	$54,871,336	$5,651,691	-9.7%
BlackRock Floating Rate Income Strategies Fund, Inc.	FRA	2,000,291	$24,605,346	$3,520,574	-12.8%
BlackRock Floating Rate Income Trust	BGT	1,361,673	$15,886,943	$2,250,227	-12.4%
BlackRock Income Trust, Inc.	BKT	145,423	$854,488	$79,581	-8.7%
BlackRock Limited Duration Income Trust	BLW	1,341,749	$19,494,225	$2,522,574	-11.4%
BlackRock Multi-Sector Income Trust	BIT	884,028	$14,722,265	$1,722,801	-10.5%

The amount and timing of any repurchases under each Fund’s Repurchase Program will be determined either at the discretion of the Fund’s management or pursuant to predetermined parameters and instructions subject to market conditions. There is no assurance that any Fund will repurchase shares in any particular amounts. A Fund’s repurchase activity will be disclosed in its shareholder report for the relevant fiscal period. Any repurchases made under any Repurchase Program will be made on a national securities exchange at the prevailing market price, subject to exchange requirements and certain volume and timing limitations and other regulations under federal securities laws.

About BlackRock

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 www.blackrock.com/corporate | Twitter: @blackrock | LinkedIn: www.linkedin.com/company/blackrock

Availability of Fund Updates

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 www.blackrock.com 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.

Forward-Looking Statements

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 www.sec.gov and on BlackRock’s website at www.blackrock.com, 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 businesswire.com: https://www.businesswire.com/news/home/20231010550526/en/

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KEYWORDS: New York United States North America

INDUSTRY KEYWORDS: Banking Professional Services Finance

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