BlackRock Funds announce May 30 distributions

NEW YORK - BlackRock’s suite of investment trusts, including BlackRock Resources & Commodities Strategy Trust (NYSE: BCX) and BlackRock Enhanced Equity Dividend Trust (NYSE: BDJ), among others, have declared their latest distributions. The payments, made on May 30, 2025, ranged from $0.042600 to $0.299770 per share across the various funds.

These funds operate under managed distribution plans, aiming to provide consistent monthly income to shareholders. This may include income, capital gains, or return of capital, depending on the fund’s earnings and capital appreciation. Notably, some funds like the BlackRock Capital Allocation Term Trust (NYSE: BCAT) and BlackRock ESG Capital Allocation Term Trust (NYSE: ECAT) offer monthly distributions based on an annual rate tied to the fund’s net asset value. InvestingPro analysis reveals these trusts maintain strong financial health, with HYT showing a GREAT overall financial score of 3.19 and impressive revenue growth of 3.76% over the last twelve months.

The distributions are part of each fund’s strategy to manage payouts, which can be adjusted by their respective Boards of Directors. The announcement highlighted that the distributions are estimates and may not reflect the funds’ investment performance, cautioning investors not to equate them with yield or income.

For the fiscal year through May 30, 2025, the funds’ distributions have been sourced from a mix of net income, net realized short-term gains, net realized long-term gains, and return of capital. The specific allocation varies per fund, with some like the BlackRock Science and Technology Trust (NYSE: BST) distributing entirely from long-term gains, while others, such as BCX, have a significant portion classified as a return of capital.

The release also provided performance data, such as average annual total returns and distribution rates as a percentage of net asset value, offering a snapshot of each fund’s financial health. For deeper insights into fund performance metrics and valuations, InvestingPro subscribers can access comprehensive analysis, including P/E ratios, market capitalization data, and exclusive ProTips that help identify investment opportunities in the closed-end fund sector.

Investors are advised to consult the BlackRock website for updated performance data and other relevant information. The press release statement serves as a regulatory requirement and is not intended for tax reporting purposes; the actual amounts for tax purposes will depend on each fund’s performance for the rest of the fiscal year.

The information in this article is based on a press release statement from BlackRock Closed-End Funds.

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