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BlackRock Closed-End Funds
Dividend Dates and Distribution Amounts Announced for Certain BlackRock Closed-End Funds
September 19th, 2010
Certain BlackRock closed-end funds (the "Funds") announced distributions today as detailed below.
Several of the Funds announced dividend increases. These dividend increases take into account each Fund's earnings potential in light of the current market environment. In addition, two other Funds announced dividend reductions. Generally, these dividend reductions take into account each Fund's earnings potential in light of the relatively low interest rates paid on floating rate securities held by the Funds.
Keywords: BlackRock Closed-End Funds, Closed End Funds, Finance, Investing, Investment, Mutual Funds.
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Source: Marketing Business Weekly (2010-09-19)