{"id":744410,"date":"2023-03-31T17:45:11","date_gmt":"2023-03-31T21:45:11","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/blackrock-announces-name-changes-for-five-closed-end-funds-with-contingent-limited-terms\/"},"modified":"2023-03-31T17:45:11","modified_gmt":"2023-03-31T21:45:11","slug":"blackrock-announces-name-changes-for-five-closed-end-funds-with-contingent-limited-terms","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/blackrock-announces-name-changes-for-five-closed-end-funds-with-contingent-limited-terms\/","title":{"rendered":"BlackRock Announces Name Changes for Five Closed-End Funds with Contingent Limited Terms"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }\n.bwblockalignl { margin-left: 0px; margin-right: auto }\n.bwcellpmargin { margin-bottom: 0px; margin-top: 0px }\n.bwleftsingle { border-left: solid black 1pt }\n.bwnowrap { white-space: nowrap }\n.bwpadl0 { padding-left: 0px }\n.bwrightsingle { border-right: solid black 1pt }\n.bwsinglebottom { border-bottom: solid black 1pt }\n.bwtablemarginb { margin-bottom: 10px }\n.bwtopsingle { border-top: solid black 1pt }\n.bwuline { text-decoration: underline }\n.bwvertalignm { vertical-align: middle }\n.bwvertalignt { vertical-align: top }\n.bwwidth10 { width: 10% }\n.bwwidth100 { width: 100% }\n.bwwidth14 { width: 14% }\n.bwwidth33 { width: 33% }\n.bwwidth35 { width: 35% }\n.bwwidth8 { width: 8% }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>BlackRock Announces Name Changes for Five Closed-End Funds with Contingent Limited Terms<\/b><\/p>\n<p>NEW YORK&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nBlackRock Advisors, LLC (\u201cBlackRock\u201d) announced today name changes for five BlackRock closed-end funds with contingent limited terms (each, a \u201cTrust\u201d). The name changes are being made to increase awareness of the contingent limited term structure and the fact that there will be a liquidity event at net asset value for Trust shareholders, either at the Dissolution Date (as indicated below) or in connection with an Eligible Tender Offer (as discussed below). These name changes will be effective on or around April 5, 2023. Each Trust will continue to trade on the NYSE under its current ticker symbol. <b>There are no changes to the Trusts\u2019 investment policies or strategies in conjunction with the name changes.<\/b><\/p>\n<table cellspacing=\"0\" class=\"bwblockalignl bwtablemarginb bwwidth100\">\n<tr>\n<td class=\"bwtopsingle bwsinglebottom bwleftsingle bwrightsingle bwpadl0 bwalignc bwwidth10\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignc bwcellpmargin\"><b>NYSE<br \/>\n<br \/>Ticker<\/b><\/p>\n<\/td>\n<td class=\"bwtopsingle bwsinglebottom bwrightsingle bwpadl0 bwwidth8 bwvertalignm\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignc bwcellpmargin\"><b>CUSIP<\/b><\/p>\n<\/td>\n<td class=\"bwtopsingle bwsinglebottom bwrightsingle bwpadl0 bwnowrap bwwidth33 bwvertalignm\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignc bwcellpmargin\"><b>Current Fund Name<\/b><\/p>\n<\/td>\n<td class=\"bwtopsingle bwsinglebottom bwrightsingle bwpadl0 bwnowrap bwwidth35 bwvertalignm\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignc bwcellpmargin\"><b>New Fund Name<\/b><\/p>\n<\/td>\n<td class=\"bwtopsingle bwsinglebottom bwrightsingle bwpadl0 bwwidth14\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignc bwcellpmargin\"><b>Dissolution<br \/>\n<br \/>Date<\/b><sup>1<\/sup><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"bwsinglebottom bwleftsingle bwrightsingle bwpadl0 bwwidth10\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignc bwcellpmargin\">\nBSTZ\n<\/p>\n<\/td>\n<td class=\"bwsinglebottom bwrightsingle bwpadl0 bwwidth8\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignc bwcellpmargin\">\n09260K101\n<\/p>\n<\/td>\n<td class=\"bwsinglebottom bwrightsingle bwpadl0 bwwidth33\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\">\nBlackRock Science and Technology Trust II\n<\/p>\n<\/td>\n<td class=\"bwsinglebottom bwrightsingle bwpadl0 bwwidth35\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\">\nBlackRock Science and Technology Term Trust\n<\/p>\n<\/td>\n<td class=\"bwsinglebottom bwrightsingle bwpadl0 bwwidth14\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignc bwcellpmargin\">\n6\/26\/2031\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"bwsinglebottom bwleftsingle bwrightsingle bwpadl0 bwwidth10\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignc bwcellpmargin\">\nBMEZ\n<\/p>\n<\/td>\n<td class=\"bwsinglebottom bwrightsingle bwpadl0 bwwidth8\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignc bwcellpmargin\">\n09260E105\n<\/p>\n<\/td>\n<td class=\"bwsinglebottom bwrightsingle bwpadl0 bwwidth33\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\">\nBlackRock Health Sciences Trust II\n<\/p>\n<\/td>\n<td class=\"bwsinglebottom bwrightsingle bwpadl0 bwwidth35\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\">\nBlackRock Health Sciences Term Trust\n<\/p>\n<\/td>\n<td class=\"bwsinglebottom bwrightsingle bwpadl0 bwwidth14\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignc bwcellpmargin\">\n1\/29\/2032\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"bwsinglebottom bwleftsingle bwrightsingle bwpadl0 bwwidth10\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignc bwcellpmargin\">\nBCAT\n<\/p>\n<\/td>\n<td class=\"bwsinglebottom bwrightsingle bwpadl0 bwwidth8\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignc bwcellpmargin\">\n09260U109\n<\/p>\n<\/td>\n<td class=\"bwsinglebottom bwrightsingle bwpadl0 bwwidth33\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\">\nBlackRock Capital Allocation Trust\n<\/p>\n<\/td>\n<td class=\"bwsinglebottom bwrightsingle bwpadl0 bwwidth35\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\">\nBlackRock Capital Allocation Term Trust\n<\/p>\n<\/td>\n<td class=\"bwsinglebottom bwrightsingle bwpadl0 bwwidth14\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignc bwcellpmargin\">\n9\/27\/2032\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"bwsinglebottom bwleftsingle bwrightsingle bwpadl0 bwwidth10\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignc bwcellpmargin\">\nBIGZ\n<\/p>\n<\/td>\n<td class=\"bwsinglebottom bwrightsingle bwpadl0 bwwidth8\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignc bwcellpmargin\">\n09260Q108\n<\/p>\n<\/td>\n<td class=\"bwsinglebottom bwrightsingle bwpadl0 bwwidth33\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\">\nBlackRock Innovation and Growth Trust\n<\/p>\n<\/td>\n<td class=\"bwsinglebottom bwrightsingle bwpadl0 bwwidth35\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\">\nBlackRock Innovation and Growth Term Trust\n<\/p>\n<\/td>\n<td class=\"bwsinglebottom bwrightsingle bwpadl0 bwwidth14\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignc bwcellpmargin\">\n3\/25\/2033\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"bwsinglebottom bwleftsingle bwrightsingle bwpadl0 bwwidth10\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignc bwcellpmargin\">\nECAT\n<\/p>\n<\/td>\n<td class=\"bwsinglebottom bwrightsingle bwpadl0 bwwidth8\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignc bwcellpmargin\">\n09262F100\n<\/p>\n<\/td>\n<td class=\"bwsinglebottom bwrightsingle bwpadl0 bwwidth33\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\">\nBlackRock ESG Capital Allocation Trust\n<\/p>\n<\/td>\n<td class=\"bwsinglebottom bwrightsingle bwpadl0 bwwidth35\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\">\nBlackRock ESG Capital Allocation Term Trust\n<\/p>\n<\/td>\n<td class=\"bwsinglebottom bwrightsingle bwpadl0 bwwidth14\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignc bwcellpmargin\">\n9\/27\/2033\n<\/p>\n<\/td>\n<\/tr>\n<\/table>\n<table cellspacing=\"0\" class=\"bwtablemarginb bwblockalignl\">\n<tr>\n<td class=\"bwvertalignt bwpadl0\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\"><sup>1<\/sup> In accordance with each Trust\u2019s Agreement and Declaration of Trust, each Trust intends to dissolve as of the first business day following the twelfth anniversary of the effective date of the Trust\u2019s initial registration statement (the \u201cDissolution Date\u201d), provided that the Board may, without shareholder approval, vote to extend the Dissolution Date: (i) once for up to one year, and (ii) once for up to an additional six months, to a date up to and including eighteen months after the initial Dissolution Date (which date shall then become the Dissolution Date). Within twelve months prior to the Dissolution Date at the discretion of a Trust\u2019s Board, the Trust may conduct a tender offer to purchase 100% of the then outstanding common shares at a price equal to the NAV per common share on the expiration date of the tender offer (an \u201cEligible Tender Offer\u201d). The Trust must have at least $200 million of aggregate net assets immediately following the completion of an Eligible Tender Offer to ensure the continued viability of the Trust. Following the completion of an Eligible Tender Offer, the Board may vote to eliminate the Dissolution Date without shareholder approval and provide for the Trust\u2019s perpetual existence. If an Eligible Tender Offer would result in the Trust having aggregate net assets below $200 million, the Eligible Tender Offer will be canceled and the Trust will dissolve on its Dissolution Date.\n<\/p>\n<\/td>\n<\/tr>\n<\/table>\n<p><b><span class=\"bwuline\">Additional Fund Information<\/span><\/b><\/p>\n<p><a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.blackrock.com%2Fus%2Findividual%2Fproducts%2F308764%2F%3Freferrer%3DtickerSearch&amp;esheet=53371813&amp;newsitemid=20230331005295&amp;lan=en-US&amp;anchor=BSTZ&amp;index=1&amp;md5=19c66031ac97de52cba81ed6222ed52c\"><b>BSTZ<\/b><\/a><b \/>takes a unique approach to investing in the technology sector by blending \u201cnext generation\u201d technology stocks and private investments along with a tactical single-stock option-writing strategy.\n<\/p>\n<p>\nQuarterly Commentary: <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.blackrock.com%2Fus%2Findividual%2Fliterature%2Ffund-commentary%2Fbstz-quarterly-commentary.pdf&amp;esheet=53371813&amp;newsitemid=20230331005295&amp;lan=en-US&amp;anchor=BSTZ&amp;index=2&amp;md5=f0dbebf46ca2084645f0178ca2aa2113\">BSTZ<\/a><\/p>\n<p><a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.blackrock.com%2Fus%2Findividual%2Fproducts%2F312196%2F%3Freferrer%3DtickerSearch&amp;esheet=53371813&amp;newsitemid=20230331005295&amp;lan=en-US&amp;anchor=BMEZ&amp;index=3&amp;md5=93727dd5442bfa05b159ec738c4a805e\"><b>BMEZ<\/b><\/a> takes a unique approach to investing in the healthcare sector by blending \u201cnext generation\u201d healthcare stocks and private investments along with a tactical single-stock option-writing strategy.\n<\/p>\n<p>\nQuarterly Commentary: <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.blackrock.com%2Fus%2Findividual%2Fliterature%2Finvestor-education%2Fbmez-quarterly-commentary.pdf&amp;esheet=53371813&amp;newsitemid=20230331005295&amp;lan=en-US&amp;anchor=BMEZ&amp;index=4&amp;md5=b2a89ef3538a1e0a94046eb6dcdaefdb\">BMEZ<\/a><\/p>\n<p><a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.blackrock.com%2Fus%2Findividual%2Fproducts%2F315530%2F%3Freferrer%3DtickerSearch&amp;esheet=53371813&amp;newsitemid=20230331005295&amp;lan=en-US&amp;anchor=BCAT&amp;index=5&amp;md5=1aa80d7cf3dc9e1b0d4303ab835526f1\"><b>BCAT<\/b><\/a> has an unconstrained approach with the ability to invest in public and private markets across different asset classes.\n<\/p>\n<p>\nQuarterly Commentary: <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.blackrock.com%2Fus%2Findividual%2Fliterature%2Finvestor-education%2Fbcat-commentary.pdf&amp;esheet=53371813&amp;newsitemid=20230331005295&amp;lan=en-US&amp;anchor=BCAT&amp;index=6&amp;md5=d2ac33451605a898df580a480807995e\">BCAT<\/a><\/p>\n<p><a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.blackrock.com%2Fus%2Findividual%2Fproducts%2F317597%2F%3Freferrer%3DtickerSearch&amp;esheet=53371813&amp;newsitemid=20230331005295&amp;lan=en-US&amp;anchor=BIGZ&amp;index=7&amp;md5=3c5f9808b6319534ddef407c8a95acfe\"><b>BIGZ<\/b><\/a> takes a unique approach to investing in innovation. The Trust will invest primarily in equity securities issued by mid- and small-capitalization companies that the adviser believes has above-average earnings growth potential.\n<\/p>\n<p>\nQuarterly Commentary: <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.blackrock.com%2Fus%2Findividual%2Fliterature%2Finvestor-education%2Fbigz-commentary.pdf&amp;esheet=53371813&amp;newsitemid=20230331005295&amp;lan=en-US&amp;anchor=BIGZ&amp;index=8&amp;md5=684ef8fa4413d812f2d5c9da9e8bfb4a\">BIGZ<\/a><\/p>\n<p><a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.blackrock.com%2Fus%2Findividual%2Fproducts%2F320060%2F%3Freferrer%3DtickerSearch&amp;esheet=53371813&amp;newsitemid=20230331005295&amp;lan=en-US&amp;anchor=ECAT&amp;index=9&amp;md5=1fda245644de0d0aebab111c705a7698\"><b>ECAT<\/b><\/a> has an unconstrained approach with the ability to invest in public and private markets across different asset classes, looking to identify untapped growth opportunities tied to the evolution of environmental, social, and governance (\u201cESG\u201d).\n<\/p>\n<p>\nQuarterly Commentary: <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.blackrock.com%2Fus%2Findividual%2Fliterature%2Finvestor-education%2Fecat-commentary.pdf&amp;esheet=53371813&amp;newsitemid=20230331005295&amp;lan=en-US&amp;anchor=ECAT&amp;index=10&amp;md5=82158af660475ac42df5d31d0f1c6494\">ECAT<\/a><\/p>\n<p>\nFor more information on BlackRock\u2019s closed-end funds, please visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.blackrock.com%2FCEF&amp;esheet=53371813&amp;newsitemid=20230331005295&amp;lan=en-US&amp;anchor=www.blackrock.com%2FCEF&amp;index=11&amp;md5=d4b5f4854bb35dc2ce885c0184c875ae\">www.blackrock.com\/CEF<\/a><\/p>\n<p><b>Investing involves risk, including the possible loss of the principal.<\/b><\/p>\n<p><strong><i>Carefully consider each Trust\u2019s investment objective, risk factors, and charges and expenses before investing.<\/i><\/strong><\/p>\n<p><b>About BlackRock<\/b><\/p>\n<p>\nBlackRock\u2019s 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 <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.blackrock.com%2Fcorporate&amp;esheet=53371813&amp;newsitemid=20230331005295&amp;lan=en-US&amp;anchor=www.blackrock.com%2Fcorporate&amp;index=12&amp;md5=ebc8ad74738ab10100f195ce603ceff8\">www.blackrock.com\/corporate<\/a><\/p>\n<p><b>Availability of Trust Updates<\/b><\/p>\n<p>\nBlackRock will update performance and certain other data for the Trusts on a monthly basis on its website in the \u201cClosed-end Funds\u201d section of <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.blackrock.com&amp;esheet=53371813&amp;newsitemid=20230331005295&amp;lan=en-US&amp;anchor=www.blackrock.com&amp;index=13&amp;md5=f17f3b9c1393df1e2db09680fd572a07\">www.blackrock.com<\/a> 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 Trusts. This reference to BlackRock\u2019s website is intended to allow investors public access to information regarding the Trusts and does not, and is not intended to, incorporate BlackRock\u2019s website in this release.\n<\/p>\n<p><b>Forward-Looking Statements<\/b><\/p>\n<p>\nThis press release, and other statements that BlackRock or a Trust may make, may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act, with respect to a Trust\u2019s or BlackRock\u2019s future financial or business performance, strategies or expectations. Forward-looking statements are typically identified by words or phrases such as \u201ctrend,\u201d \u201cpotential,\u201d \u201copportunity,\u201d \u201cpipeline,\u201d \u201cbelieve,\u201d \u201ccomfortable,\u201d \u201cexpect,\u201d \u201canticipate,\u201d \u201ccurrent,\u201d \u201cintention,\u201d \u201cestimate,\u201d \u201cposition,\u201d \u201cassume,\u201d \u201coutlook,\u201d \u201ccontinue,\u201d \u201cremain,\u201d \u201cmaintain,\u201d \u201csustain,\u201d \u201cseek,\u201d \u201cachieve,\u201d and similar expressions, or future or conditional verbs such as \u201cwill,\u201d \u201cwould,\u201d \u201cshould,\u201d \u201ccould,\u201d \u201cmay\u201d or similar expressions.\n<\/p>\n<p>\nBlackRock 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.\n<\/p>\n<p>\nWith respect to the Trusts, 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 Trusts or in a Trust\u2019s net asset value; (2) the relative and absolute investment performance of a Trust 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 Trust 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\u2019s 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.\n<\/p>\n<p>\nAnnual and Semi-Annual Reports and other regulatory filings of the Trusts with the Securities and Exchange Commission (\u201cSEC\u201d) are accessible on the SEC&#8217;s website at <b><a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.sec.gov&amp;esheet=53371813&amp;newsitemid=20230331005295&amp;lan=en-US&amp;anchor=www.sec.gov&amp;index=14&amp;md5=9033308a58888750e51d9b2617f74ec0\">www.sec.gov<\/a><\/b>and on BlackRock\u2019s website at <b><a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.blackrock.com&amp;esheet=53371813&amp;newsitemid=20230331005295&amp;lan=en-US&amp;anchor=www.blackrock.com&amp;index=15&amp;md5=b80c6f539d3e29ae1fcb6454beeaaa64\">www.blackrock.com<\/a><\/b>, and may discuss these or other factors that affect the Trusts. The information contained on BlackRock\u2019s website is not a part of this press release.\n<\/p>\n<p>\nNOT FDIC INSURED \u2502 MAY LOSE VALUE \u2502 NO BANK GUARANTEE\n<\/p>\n<p>\nPrepared by BlackRock Investments, LLC, member FINRA\n<\/p>\n<p>\n\u00a9 2023 BlackRock, Inc. or its affiliates. All Rights Reserved. <b>BLACKROCK <\/b>is a trademark of BlackRock, Inc. or its affiliates. All other trademarks are those of their respective owners.\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20230331005295r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20230331005295\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20230331005295\/en\/<\/a><\/span><\/p>\n<p><b>1-800-882-0052<\/b><\/p>\n<p><b>KEYWORDS:<\/b> New York United States North America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Banking Professional Services Finance<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\" \/>\n","protected":false},"excerpt":{"rendered":"<p>BlackRock Announces Name Changes for Five Closed-End Funds with Contingent Limited Terms NEW YORK&#8211;(BUSINESS WIRE)&#8211; BlackRock Advisors, LLC (\u201cBlackRock\u201d) announced today name changes for five BlackRock closed-end funds with contingent limited terms (each, a \u201cTrust\u201d). The name changes are being made to increase awareness of the contingent limited term structure and the fact that there will be a liquidity event at net asset value for Trust shareholders, either at the Dissolution Date (as indicated below) or in connection with an Eligible Tender Offer (as discussed below). These name changes will be effective on or around April 5, 2023. Each Trust will continue to trade on the NYSE under its current ticker symbol. There are no changes to the Trusts\u2019 investment &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/blackrock-announces-name-changes-for-five-closed-end-funds-with-contingent-limited-terms\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;BlackRock Announces Name Changes for Five Closed-End Funds with Contingent Limited Terms&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-744410","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>BlackRock Announces Name Changes for Five Closed-End Funds with Contingent Limited Terms - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/blackrock-announces-name-changes-for-five-closed-end-funds-with-contingent-limited-terms\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"BlackRock Announces Name Changes for Five Closed-End Funds with Contingent Limited Terms - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"BlackRock Announces Name Changes for Five Closed-End Funds with Contingent Limited Terms NEW YORK&#8211;(BUSINESS WIRE)&#8211; BlackRock Advisors, LLC (\u201cBlackRock\u201d) announced today name changes for five BlackRock closed-end funds with contingent limited terms (each, a \u201cTrust\u201d). The name changes are being made to increase awareness of the contingent limited term structure and the fact that there will be a liquidity event at net asset value for Trust shareholders, either at the Dissolution Date (as indicated below) or in connection with an Eligible Tender Offer (as discussed below). These name changes will be effective on or around April 5, 2023. Each Trust will continue to trade on the NYSE under its current ticker symbol. 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