BlackRock closed-end funds announce August distributions

BlackRock announced distributions for 24 of its closed-end funds with a pay date of August 29, 2025, according to a company statement.

The distributions ranged from $0.042600 per share for BlackRock Enhanced International Dividend Trust (NYSE: BGY) to $0.290170 per share for BlackRock ESG Capital Allocation Term Trust (NYSE: ECAT).

The funds operate under managed distribution plans that support monthly distributions of income, capital gains and return of capital. Five funds - BMEZ, BSTZ, BTX, BCAT and ECAT - distribute based on annual rates of 12% or 20% of their 12-month rolling average daily net asset value.

Distribution sources varied significantly among funds. BlackRock Science and Technology Trust (NYSE: BST) and BlackRock Science and Technology Term Trust (NYSE: BSTZ) distributed entirely from long-term capital gains, while BlackRock Health Sciences Term Trust (NYSE: BMEZ) and BlackRock Technology and Private Equity Term Trust (NYSE: BTX) distributed entirely from return of capital.

Several funds distributed portions as return of capital, including BlackRock Capital Allocation Term Trust (NYSE: BCAT) at 90% and ECAT at 94% of their respective distributions.

The company noted that distribution amounts are subject to change at the discretion of each fund's board. The funds will distribute all available net income consistent with investment objectives and tax code requirements.

BlackRock stated the estimated sources are provided for regulatory purposes and actual amounts for tax reporting will depend on each fund's investment experience during the remainder of the fiscal year.

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