Distribution Dates and Amounts Announced for Certain BlackRock Closed-End Funds

Mon Apr 1, 2013 4:30pm EDT

* Reuters is not responsible for the content in this press release.



NEW YORK--(Business Wire)--
Certain BlackRock closed-end funds (the "Funds") announced distributions today
as detailed below.

 Municipal Funds:                                                                             
 Declaration- 4/1/2013      Ex-Date- 4/11/2013      Record- 4/15/2013      Payable- 5/1/2013  

 National Funds                                                Ticker    Distribution    Change From    
 BlackRock Municipal Income Quality Trust                      BYM       $0.078000       -              
 BlackRock Municipal Income Investment Quality Trust           BAF       $0.068500       -              
 BlackRock Long-Term Municipal Advantage Trust                 BTA       $0.062000       -              
 BlackRock Muni Intermediate Duration Fund, Inc.               MUI       $0.071500       -              
 BlackRock MuniAssets Fund, Inc.                               MUA       $0.062500       -              
 BlackRock Municipal 2018 Term Trust                           BPK       $0.061000       -              
 BlackRock Municipal Bond Trust                                BBK       $0.078500       -              
 BlackRock Municipal Bond Investment Trust                     BIE       $0.076000       -              
 BlackRock Municipal Income Trust                              BFK       $0.080100       -              
 BlackRock Municipal Income Trust II                           BLE       $0.085000       -              
 BlackRock Municipal Income Investment Trust                   BBF       $0.072375       -              
 BlackRock Municipal Target Term Trust*                        BTT       $0.099000       -              
 BlackRock MuniEnhanced Fund, Inc.                             MEN       $0.058000       -              
 BlackRock MuniHoldings Fund II, Inc.                          MUH       $0.083000       -              
 BlackRock MuniHoldings Fund, Inc.                             MHD       $0.091500       -              
 BlackRock MuniHoldings Quality Fund II, Inc.                  MUE       $0.070500       -              
 BlackRock MuniHoldings Quality Fund, Inc.                     MUS       $0.074000       -              
 BlackRock MuniHoldings Investment Quality Fund                MFL       $0.076500       -              
 BlackRock MuniVest Fund II, Inc.                              MVT       $0.091000       -              
 BlackRock MuniVest Fund, Inc.                                 MVF       $0.059000       -              
 BlackRock MuniYield Fund, Inc.                                MYD       $0.083500       -              
 BlackRock MuniYield Quality Fund III, Inc.                    MYI       $0.072000       -              
 BlackRock MuniYield Investment Quality Fund                   MFT       $0.071000       -              
 BlackRock MuniYield Investment Fund                           MYF       $0.079000       -              
 BlackRock MuniYield Quality Fund II, Inc.                     MQT       $0.069500       -              
 BlackRock MuniYield Quality Fund, Inc.                        MQY       $0.080000       -              
 The BlackRock Investment Quality Municipal Trust, Inc.        BKN       $0.080000       -              
 The BlackRock Strategic Municipal Trust                       BSD       $0.074000       -              

 State-Specific Funds                                            Ticker    Distribution    Change From    
 BlackRock California Municipal Income Trust                     BFZ       $0.077700       -              
 BlackRock California Municipal 2018 Term Trust                  BJZ       $0.051300       -              
 BlackRock MuniHoldings California Quality Fund, Inc.            MUC       $0.079000       -              
 BlackRock MuniYield California Fund, Inc.                       MYC       $0.079000       -              
 BlackRock MuniYield California Quality Fund, Inc.               MCA       $0.076000       -              
 BlackRock Florida Municipal 2020 Term Trust                     BFO       $0.056000       -              
 BlackRock Maryland Municipal Bond Trust                         BZM       $0.062500       -              
 BlackRock Muni New York Intermediate Duration Fund, Inc.        MNE       $0.062500       -              
 BlackRock MuniHoldings New York Quality Fund, Inc.              MHN       $0.076500       -              
 BlackRock MuniYield New York Quality Fund, Inc.                 MYN       $0.071000       -              
 BlackRock New York Municipal 2018 Term Trust                    BLH       $0.045300       -              
 BlackRock New York Municipal Income Quality Trust               BSE       $0.067500       -              
 BlackRock New York Municipal Bond Trust                         BQH       $0.066500       -              
 BlackRock New York Municipal Income Trust                       BNY       $0.069000       -              
 BlackRock New York Municipal Income Trust II                    BFY       $0.070000       -              
 BlackRock MuniHoldings New Jersey Quality Fund, Inc.            MUJ       $0.074000       -              
 BlackRock MuniYield New Jersey Fund, Inc.                       MYJ       $0.074000       -              
 BlackRock MuniYield New Jersey Quality Fund, Inc.               MJI       $0.072000       -              
 BlackRock New Jersey Municipal Bond Trust                       BLJ       $0.073000       -              
 BlackRock New Jersey Municipal Income Trust                     BNJ       $0.075100       -              
 BlackRock MuniYield Arizona Fund, Inc.                          MZA       $0.069500       -              
 BlackRock MuniYield Michigan Quality Fund II, Inc.              MYM       $0.069000       -              
 BlackRock MuniYield Michigan Quality Fund, Inc.                 MIY       $0.076500       -              
 BlackRock MuniYield Pennsylvania Quality Fund                   MPA       $0.074000       -              
 The BlackRock Pennsylvania Strategic Municipal Trust            BPS       $0.071000       -              
 BlackRock Virginia Municipal Bond Trust                         BHV       $0.073000       -              
 Massachusetts Health & Education Tax-Exempt Trust               MHE       $0.062500       -              

 Taxable Municipal Fund:                                                                       
 Declaration- 4/1/2013      Ex-Date- 4/11/2013      Record- 4/15/2013      Payable- 4/30/2013  

 Fund                                      Ticker    Distribution    Change From    
 BlackRock Build America Bond Trust        BBN       $0.131800       -              

 Taxable Funds:                                                                                
 Declaration- 4/1/2013      Ex-Date- 4/11/2013      Record- 4/15/2013      Payable- 4/30/2013  

 Fund                                                        Ticker    Distribution    Change From    
 BlackRock Senior High Income Fund, Inc.                     ARK       $0.025000       -              
 BlackRock Floating Rate Income Trust                        BGT       $0.077500       -              
 BlackRock Strategic Bond Trust                              BHD       $0.084500       -              
 BlackRock Core Bond Trust                                   BHK       $0.073000       -              
 BlackRock Defined Opportunity Credit Trust                  BHL       $0.068500       -              
 The BlackRock High Yield Trust                              BHY       $0.044500       -              
 The BlackRock Income Trust, Inc.                            BKT       $0.040500       -              
 BlackRock Limited Duration Income Trust                     BLW       $0.109500       -              
 BlackRock Income Opportunity Trust, Inc.                    BNA       $0.057000       -              
 BlackRock Credit Allocation Income Trust*                   BTZ       $0.078500       -              
 BlackRock Corporate High Yield Fund, Inc.                   COY       $0.051000       -              
 BlackRock Corporate High Yield Fund III, Inc.               CYE       $0.052500       -              
 BlackRock Debt Strategies Fund, Inc.                        DSU       $0.027000       -              
 BlackRock Enhanced Government Fund, Inc.*                   EGF       $0.065000       -              
 BlackRock Floating Rate Income Strategies Fund, Inc.        FRA       $0.077000       -              
 BlackRock High Income Shares                                HIS       $0.015200       -              
 BlackRock Corporate High Yield Fund VI, Inc.                HYT       $0.087500       -              
 BlackRock Corporate High Yield Fund V, Inc.                 HYV       $0.090000       -              

* In order to comply with the requirements of Section 19 of the Investment
Company Act of 1940, as amended, each of the Funds noted above posted to the DTC
bulletin board and sent to their shareholders of record as of the applicable
record date a Section 19 notice with the previous distribution payment. The
Section 19 notice was provided for informational purposes only and not for tax
reporting purposes. This information can be found in the "Closed-End Funds"
section of www.blackrock.com. As applicable, the final determination of the
source and tax characteristics of all distributions in 2013 will be made after
the end of the year. 

BlackRock Enhanced Government Fund, Inc. (NYSE:EGF) ("EGF") has adopted a level
distribution plan (the "Plan") and employs either a managed distribution or an
option over-write policy to support a level distribution of income, capital
gains and/or return of capital. The fixed amounts distributed per share are
subject to change at the discretion of EGF`s Board of Directors. Under its Plan,
EGF will distribute all available investment income to its shareholders,
consistent with its primary investment objectives and as required by the
Internal Revenue Code of 1986, as amended. If sufficient investment income is
not available on a monthly basis, EGF will distribute long-term capital gains
and/or return capital to its shareholders in order to maintain a level

EGF`s estimated sources of the distribution paid as of March 31, 2013 and for
its current fiscal year are as follows:

 Estimated Allocations as of March 31, 2013                                                                                                       
 Fund                 Distribution                Net Investment                 Net Realized                Net Realized      Return of Capital  
                                                  Income                         Short-Term                  Long-Term                            
                                                                                 Gains                       Gains                                
 EGF1                 $0.065000                   $0.037747 (58%)                $0 (0%)                     $0 (0%)           $0.027253 (42%)    
 Estimated Allocations for the fiscal year through March 31, 2013                                                                                 
 Fund                 Distribution                Net Investment                 Net Realized                Net Realized      Return of Capital  
                                                  Income                         Short-Term                  Long-Term                            
                                                                                 Gains                       Gains                                
 EGF1                 $0.130000                   $0.088668 (68%)                $0 (0%)                     $0 (0%)           $0.041332 (32%)    

1 EGF estimates that it has distributed more than its income and net realized
capital gains in the current fiscal year; therefore, a portion of your
distribution may be a return of capital. A return of capital may occur, for
example, when some or all of the shareholder`s investment is paid back to the
shareholder. A return of capital distribution does not necessarily reflect EGF`s
investment performance and should not be confused with `yield` or `income`. When
distributions exceed total return performance, the difference will reduce EGF`s
net asset value per share. 

The amounts and sources of distributions reported are only estimates and are not
provided for tax reporting purposes. The actual amounts and sources of the
amounts for tax reporting purposes will depend upon EGF`s investment experience
during the remainder of its fiscal year and may be subject to changes based on
tax regulations. EGF will send you a Form 1099-DIV for the calendar year that
will tell you how to report these distributions for federal income tax

 Fund Performance and Distribution Rate Information:                                                                                                       
 Fund                    Average annual total                     Annualized current                     Cumulative total             Cumulative fiscal    
                         return (in relation to                   distribution rate                      return (in relation to       year distributions   
                         NAV) for the 5-year                      expressed as a                         NAV) for the fiscal          as a percentage of   
                         period ending on                         percentage of NAV as                   year through                 NAV as of            
                         02/28/2013                               of 02/28/2013                          02/28/2013                   02/28/2013           
 EGF                     4.33%                                    4.88%                                  (0.39)%                      0.41%                

Shareholders should not draw any conclusions about EGF`s investment performance
from the amount of EGF`s current distributions or from the terms of EGF`s Plan.

About BlackRock

BlackRock is a leader in investment management, risk management and advisory
services for institutional and retail clients worldwide. At December 31, 2012,
BlackRock`s AUM was $3.792 trillion. BlackRock offers products that span the
risk spectrum to meet clients` needs, including active, enhanced and index
strategies across markets and asset classes. Products are offered in a variety
of structures including separate accounts, mutual funds, iShares (exchange
traded funds), and other pooled investment vehicles. BlackRock also offers risk
management, advisory and enterprise investment system services to a broad base
of institutional investors through BlackRock Solutions. Headquartered in New
York City, as of December 31, 2012, the firm has approximately 10,500 employees
in 30 countries and a major presence in key global markets, including North and
South America, Europe, Asia, Australia and the Middle East and Africa. For
additional information, please visit BlackRock`s website at www.blackrock.com. 

Forward-Looking Statements

This press release, and other statements that BlackRock or the Funds may make,
may contain forward-looking statements within the meaning of the Private
Securities Litigation Reform Act, with respect to the Funds 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

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, including the Dodd-Frank Wall Street Reform and Consumer Protection
Act, and regulatory, supervisory or enforcement actions of government agencies
relating to a Fund or BlackRock, as applicable; (8) terrorist activities,
international hostilities 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 a Fund with the
Securities and Exchange Commission ("SEC") are accessible on the SEC's website
at www.sec.govand 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.

BlackRock Closed-End Funds

Copyright Business Wire 2013