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

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 and the Fund’s leverage and asset levels.

In addition, several other Funds announced dividend reductions. Generally, these dividend reductions were made in order to better align the Funds with their current earnings rates in light of the current market environment. With respect to BlackRock Diversified Income Strategies Fund, Inc. (NYSE:DVF) and BlackRock Floating Rate Income Strategies Fund II, Inc. (NYSE:FRB), 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. With respect to BlackRock Enhanced Equity Dividend Trust (NYSE:BDJ), BlackRock EcoSolutions Investment Trust (NYSE:BQR) and BlackRock Enhanced Capital and Income Fund, Inc. (NYSE:CII), these dividend reductions take into account each Fund’s relatively high current distribution level, the current level of each Fund’s net assets and current and projected levels of dividend income, option premiums and volatility in the market.

Municipal Funds:

Declaration- 6/1/2011 Ex-Date- 6/13/2011 Record- 6/15/2011 Payable- 7/1/2011

National Funds Ticker Dividend

Change From

Prior

Dividend

BlackRock Municipal Income Quality Trust BYM $0.077000 -
BlackRock Municipal Income Investment Quality Trust BAF $0.074500 -
BlackRock Investment Quality Municipal Income Trust RFA $0.070000 -
BlackRock Long-Term Municipal Advantage Trust BTA $0.062500 -
BlackRock Muni Intermediate Duration Fund, Inc. MUI $0.071500 -
BlackRock MuniAssets Fund, Inc. MUA $0.062500 -
BlackRock Municipal 2020 Term Trust BKK $0.062250 -
BlackRock Municipal Bond Trust BBK $0.088500 -
BlackRock Municipal Bond Investment Trust BIE $0.081000 -
BlackRock Municipal Income Trust BFK $0.080100 -
BlackRock Municipal Income Trust II BLE $0.083500 -
BlackRock Municipal Income Investment Trust BBF $0.075375 -
BlackRock Municipal 2018 Term Trust BPK $0.078000 -
BlackRock MuniEnhanced Fund, Inc. MEN $0.057000 -
BlackRock MuniHoldings Fund II, Inc. MUH $0.081500 -
BlackRock MuniHoldings Fund, Inc. MHD $0.090500 -
BlackRock MuniHoldings Quality Fund II, Inc. MUE $0.073500 -
BlackRock MuniHoldings Quality Fund, Inc. MUS $0.074000 -
BlackRock MuniHoldings Investment Quality Fund MFL $0.076500 -
BlackRock MuniVest Fund II, Inc. MVT $0.088500 -
BlackRock MuniVest Fund, Inc. MVF $0.059000 -
BlackRock MuniYield Fund, Inc. MYD $0.082500 -
BlackRock MuniYield Quality Fund III, Inc. MYI $0.072000 -
BlackRock MuniYield Investment Quality Fund MFT $0.071000 -
BlackRock MuniYield Investment Fund MYF $0.077500 -
BlackRock MuniYield Quality Fund II, Inc. MQT $0.068000 -
BlackRock MuniYield Quality Fund, Inc. MQY $0.077000 -
The BlackRock Investment Quality Municipal Trust, Inc. BKN $0.084000 -
The BlackRock Strategic Municipal Trust BSD $0.074000 -

State-Specific Funds

Ticker Dividend

Change From

Prior

Dividend

BlackRock California Municipal Income Trust BFZ $0.075700 -
BlackRock California Municipal 2018 Term Trust BJZ $0.072000 -
BlackRock MuniHoldings California Quality Fund, Inc. MUC $0.076500 -
BlackRock MuniYield California Fund, Inc. MYC $0.079000 -
BlackRock MuniYield California Quality Fund, Inc. MCA $0.073500 -
BlackRock Florida Municipal 2020 Term Trust, Inc. BFO $0.056000 -
BlackRock Maryland Municipal Bond Trust BZM $0.079000 -
BlackRock Muni New York Intermediate Duration Fund, Inc. MNE $0.061000 -
BlackRock MuniHoldings New York Quality Fund, Inc. MHN $0.079500 -
BlackRock MuniYield New York Quality Fund, Inc. MYN $0.071000 -
BlackRock New York Municipal 2018 Term Trust, Inc. BLH $0.082000 -
BlackRock New York Municipal Income Quality Trust BSE $0.071500 -
BlackRock New York Municipal Bond Trust BQH $0.082000 -
BlackRock New York Municipal Income Trust BNY $0.082500 -
BlackRock New York Municipal Income Trust II BFY $0.083500 -
The BlackRock New York Investment Quality Municipal Trust, Inc. RNY $0.073000 -
BlackRock MuniHoldings New Jersey Quality Fund, Inc. MUJ $0.074000 -
BlackRock MuniYield New Jersey Fund, Inc. MYJ $0.072500 -
BlackRock MuniYield New Jersey Quality Fund, Inc. MJI $0.072000 -
BlackRock New Jersey Municipal Bond Trust BLJ $0.078000 -
BlackRock New Jersey Municipal Income Trust BNJ $0.079100 -
The BlackRock New Jersey Investment Quality Municipal Trust RNJ $0.065500 -
BlackRock MuniYield Arizona Fund, Inc. MZA $0.069500 -
BlackRock MuniYield Michigan Quality Fund II, Inc. MYM $0.071500 -
BlackRock MuniYield Michigan Quality Fund, Inc. MIY $0.076500 -
BlackRock MuniYield Pennsylvania Quality Fund MPA $0.076500 -
The BlackRock Pennsylvania Strategic Municipal Trust BPS $0.076000 -
BlackRock Virginia Municipal Bond Trust BHV $0.083000 -
Massachusetts Health & Education Tax-Exempt Trust MHE $0.070000 -

Taxable Municipal Fund:

Declaration- 6/1/2011 Ex-Date- 6/13/2011 Record- 6/15/2011 Payable- 6/30/2011

Fund Ticker Dividend

Change From

Prior

Dividend

BlackRock Build America Bond Trust BBN $0.118300 -

Taxable Funds:

Declaration- 6/1/2011 Ex-Date- 6/13/2011 Record- 6/15/2011 Payable- 6/30/2011

Fund Ticker Dividend

Change From

Prior

Dividend

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 $0.067000 -
BlackRock Defined Opportunity Credit Trust BHL $0.066000 -
The BlackRock High Yield Trust* BHY $0.043500 -
The BlackRock Income Trust, Inc. BKT $0.036500 $0.010000
BlackRock Limited Duration Income Trust BLW $0.102500 $0.002500
BlackRock Income Opportunity Trust, Inc. BNA $0.051000 -
BlackRock Credit Allocation Income Trust III BPP $0.054000 -
BlackRock Credit Allocation Income Trust IV BTZ $0.069000 -
BlackRock Corporate High Yield Fund, Inc. COY $0.051000 -
BlackRock Corporate High Yield Fund III, Inc. CYE $0.050000 -
BlackRock Debt Strategies Fund, Inc. DSU $0.027000 -
BlackRock Diversified Income Strategies Fund, Inc.* DVF $0.058500 -$0.005000
BlackRock Enhanced Government Fund, Inc.* EGF $0.080000 -
BlackRock Floating Rate Income Strategies Fund, Inc. FRA $0.077000 -
BlackRock Floating Rate Income Strategies Fund II, Inc. FRB $0.073000 -$0.002000
BlackRock High Income Shares HIS $0.014200 -
BlackRock Corporate High Yield Fund VI, Inc. HYT $0.082500 -
BlackRock Corporate High Yield Fund V, Inc. HYV $0.085000 -
BlackRock Credit Allocation Income Trust I, Inc. PSW $0.049500 -
BlackRock Credit Allocation Income Trust II, Inc. PSY $0.053500 -

Equity Funds:

Declaration- 6/1/2011 Ex-Date- 6/13/2011 Record- 6/15/2011 Payable- 6/30/2011

Fund Ticker Dividend

Change From

Prior

Dividend

BlackRock Real Asset Equity Trust* BCF $0.271800 -
BlackRock Enhanced Equity Dividend Trust* BDJ $0.170000 -$0.075000
BlackRock Strategic Equity Dividend Trust* BDT $0.162500 -
BlackRock Equity Dividend Trust* BDV $0.162500 -
BlackRock Energy and Resources Trust* BGR $0.405000 -
BlackRock International Growth and Income Trust* BGY $0.340000 -
BlackRock Health Sciences Trust* BME $0.384375 -
BlackRock EcoSolutions Investment Trust* BQR $0.235000 -$0.065000
BlackRock Enhanced Capital and Income Fund, Inc.* CII $0.360000 -$0.125000

* 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 as of the applicable record date a Section 19 notice with the previous dividend payment. The Section 19 notice was provided not for tax reporting purposes but for informational purposes only. This information can be found in the “Closed-End Funds” section of www.blackrock.com. If applicable, the final determination of the source and tax characteristics of all distributions in 2011 will be made after the end of the year.

The BlackRock Enhanced Government Fund, Inc. (NYSE:EGF), BlackRock Real Asset Equity Trust (NYSE:BCF), BlackRock Enhanced Equity Dividend Trust (NYSE:BDJ), BlackRock Strategic Equity Dividend Trust (NYSE: BDT), BlackRock Equity Dividend Trust (NYSE:BDV), BlackRock Energy and Resources Trust (NYSE:BGR), BlackRock International Growth and Income Trust (NYSE:BGY), BlackRock Health Sciences Trust (NYSE:BME), BlackRock EcoSolutions Investment Trust (NYSE:BQR) and BlackRock Enhanced Capital and Income Fund, Inc. (NYSE:CII) (collectively, the “Trusts”) have adopted a level distribution plan (the “Plan”) and employ 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 each Trust’s Board. Under its Plan, each Trust 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 quarterly/monthly basis, the Trusts will distribute long-term capital gains and or return capital to their shareholders in order to maintain a level distribution.

The Trusts’ estimated sources of the distributions paid currently and for their current fiscal year through March 31, 2011 and May 31, 2011 are as follows:

Estimated Allocations as of May 31, 2011
Trust Distribution Net Investment Income Net Realized Short-Term Gains Net Realized Long-Term Gains Return of Capital
EGF1 $0.080000 $0.056591 (71%) $0 (0%) $0 (0%) $0.023409 (29%)
Estimated Allocations as of March 31, 2011
Trust Distribution Net Investment Income Net Realized Short-Term Gains Net Realized Long-Term Gains Return of Capital
BCF1 $0.271800 $0.023436 (9%) $0 (0%) $0 (0%) $0.248364 (91%)
BDJ1 $0.245000 $0.043719 (18%) $0 (0%) $0 (0%) $0.201281 (82%)
BDT1 $0.162500 $0.064146 (39%) $0 (0%) $0 (0%) $0.098354 (61%)
BDV1 $0.162500 $0.063787 (39%) $0 (0%) $0 (0%) $0.098713 (61%)
BGR1 $0.405000 $0.022080 (5%) $0.202719 (50%) $0.163847 (41%) $0.016354 (4%)
BGY1 $0.340000 $0.010773 (3%) $0 (0%) $0 (0%) $0.329227 (97%)
BME $0.384375 $0 (0%) $0.384375 (100%) $0 (0%) $0 (0%)
BQR1 $0.300000 $0 (0%) $0 (0%) $0 (0%) $0.300000 (100%)
CII1 $0.485000 $0.077433 (16%) $0 (0%) $0 (0%) $0.407567 (84%)
Estimated Allocations for the fiscal year through May 31, 2011
Trust Distribution Net Investment Income Net Realized Short-Term Gains Net Realized Long-Term Gains Return of Capital
EGF1 $0.320000 $0.252264 (79%) $0 (0%) $0 (0%) $0.067736 (21%)
Estimated Allocations for the fiscal year through March 31, 2011
Trust Distribution Net Investment Income Net Realized Short-Term Gains Net Realized Long-Term Gains Return of Capital
BCF1 $0.543600 $0.027539 (5%) $0 (0%) $0 (0%) $0.516061 (95%)
BDJ1 $0.490000 $0.071362 (15%) $0 (0%) $0 (0%) $0.418638 (85%)
BDT1 $0.325000 $0.114725 (35%) $0 (0%) $0 (0%) $0.210275 (65%)
BDV1 $0.325000 $0.102213 (31%) $0 (0%) $0 (0%) $0.222787 (69%)
BGR1 $0.810000 $0.041851 (5%) $0.202719 (25%) $0.163847 (20%) $0.401583 (50%)
BGY1 $0.680000 $0.019335 (3%) $0 (0%) $0 (0%) $0.660665 (97%)
BME $1.468750 $0 (0%) $1.117916 (76%) $0.350834 (24%) $0 (0%)
BQR1 $0.600000 $0.003015 (1%) $0 (0%) $0 (0%) $0.596985 (99%)
CII1 $0.970000 $0.162336 (17%) $0 (0%) $0 (0%) $0.807664 (83%)

1 The Trust 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 the Trust's investment performance and should not be confused with ‘yield’ or ‘income’.

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 the Trust’s investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. Each Trust in which you are invested will send you a Form 1099-DIV for the calendar year that will tell you how to report these distributions for federal income tax purposes.

Trust Performance and Distribution Rate Information:
Trust

Average annual

total return (in

relation to NAV)

for the 5-year

period ending on

04/30/2011

Annualized current

distribution rate

expressed as a

percentage of NAV as

of 04/30/2011

Cumulative total return

(in relation to NAV) for

the fiscal year through

04/30/2011

Cumulative fiscal

year distributions as

a percentage of

NAV as of

04/30/2011

BCF * 11.45% 6.96% 20.68% 3.48%
BDJ 1.15% 11.25% 10.85% 5.63%
BDT 2.06% 5.31% 13.92% 2.66%
BDV 1.01% 5.90% 13.61% 2.95%
BGR 9.35% 4.93% 30.56% 2.46%
BGY * (0.35)% 12.55% 9.86% 6.27%
BME 10.15% 5.16% 15.66% 4.93%
BQR * (3.33)% 10.81% 9.97% 5.41%
CII 5.86% 12.74% 11.87% 6.37%
EGF 4.96% 5.85% 1.68% 1.46%

* Portfolio launched within the past 5 years; this represents the average annual total return (in relation to NAV) from inception to April 30, 2011.

Shareholders should not draw any conclusions about a Trust’s investment performance from the amount of the Trust’s current distributions or from the terms of the Trust’s Plan

About BlackRock

BlackRock is a leader in investment management, risk management and advisory services for institutional and retail clients worldwide. At March 31, 2011, BlackRock’s assets under management were $3.648 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 March 31, 2011, the firm has approximately 9,300 employees in 26 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 the firm’s website at www.blackrock.com.

Forward-Looking Statements

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

With respect to each Fund, 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 Fund or in the Fund’s net asset value; (2) the relative and absolute investment performance of the 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 recently approved Dodd-Frank Wall Street Reform and Consumer Protection Act, and regulatory, supervisory or enforcement actions of government agencies relating to the 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) BlackRock’s success in maintaining secondary market support for the Fund; (11) the impact of BlackRock electing to provide support to its products from time to time; (12) the impact of problems at other financial institutions or the failure or negative performance of products at other financial institutions; and (13) the ability of BlackRock to integrate the operations of Barclays Global Investors.

The Annual and Semi-Annual Reports and other regulatory filings of the Funds 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.

Contacts:

BlackRock Closed-End Funds
1-800-882-0052

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