The BlackRock closed-end funds listed below (the "Funds") announced today their distributions.
Details are as follows:
Municipal Funds: | ||||||
Declaration- 10/1/2008 |  | Ex-Date- 10/10/2008 |  | Record- 10/15/2008 |  | Payable- 11/3/2008 |
National Funds |  | Ticker |  | Dividend | Change From |
 | |||||
BlackRock Apex Municipal Fund, Inc. | APX | $0.046500 | - | ||
BlackRock Insured Municipal Income Trust | BYM | $0.061000 | - | ||
BlackRock Insured Municipal Income Investment Trust | BAF | $0.058000 | - | ||
BlackRock Investment Quality Municipal Income Trust | RFA | $0.044500 | - | ||
BlackRock Long-Term Municipal Advantage Trust | BTA | $0.055000 | - | ||
BlackRock Muni Intermediate Duration Fund, Inc. | MUI | $0.058000 | - | ||
BlackRock MuniAssets Fund, Inc. | MUA | $0.067500 | - | ||
BlackRock Municipal 2020 Term Trust | BKK | $0.062250 | - | ||
BlackRock Municipal Bond Trust | BBK | $0.072500 | - | ||
BlackRock Municipal Bond Investment Trust | BIE | $0.068800 | - | ||
BlackRock Municipal Income Trust | BFK | $0.068600 | - | ||
BlackRock Municipal Income Trust II | BLE | $0.066000 | - | ||
BlackRock Municipal Income Investment Trust | BBF | $0.072875 | - | ||
BlackRock MuniEnhanced Fund, Inc. | MEN | $0.043000 | - | ||
BlackRock MuniHoldings Fund II, Inc. | MUH | $0.063000 | - | ||
BlackRock MuniHoldings Fund, Inc. | MHD | $0.071000 | - | ||
BlackRock MuniHoldings Insured Fund II, Inc. | MUE | $0.050000 | - | ||
BlackRock MuniHoldings Insured Fund, Inc. | MUS | $0.048500 | - | ||
BlackRock MuniHoldings Insured Investment Fund | MFL | $0.055500 | - | ||
BlackRock MuniVest Fund II, Inc. | MVT | $0.071000 | - | ||
BlackRock MuniVest Fund, Inc. | MVF | $0.043000 | - | ||
BlackRock MuniYield Fund, Inc. | MYD | $0.064000 | - | ||
BlackRock MuniYield Insured Fund, Inc. | MYI | $0.056000 | - | ||
BlackRock MuniYield Insured Investment Fund | MFT | $0.053500 | - | ||
BlackRock MuniYield Investment Fund | MYF | $0.058000 | - | ||
BlackRock MuniYield Quality Fund II, Inc. | MQT | $0.050000 | - | ||
BlackRock MuniYield Quality Fund, Inc. | MQY | $0.057000 | - | ||
The BlackRock Investment Quality Municipal Trust, Inc. | BKN | $0.063000 | - | ||
The BlackRock Strategic Municipal Trust | BSD | $0.062500 | - |
State-Specific Funds |  | Ticker |  | Dividend |  | Change From |
 | ||||||
BlackRock California Insured Municipal Income Trust | BCK | $0.056000 | - | |||
BlackRock California Municipal 2018 Term Trust | BJZ | $0.061250 | - | |||
BlackRock California Municipal Bond Trust | BZA | $0.062000 | - | |||
BlackRock California Municipal Income Trust | BFZ | $0.068200 | - | |||
BlackRock California Municipal Income Trust II | BCL | $0.057000 | - | |||
BlackRock MuniHoldings California Insured Fund, Inc. | MUC | $0.053000 | - | |||
BlackRock MuniYield California Fund, Inc. | MYC | $0.055000 | - | |||
BlackRock MuniYield California Insured Fund, Inc. | MCA | $0.053500 | - | |||
The BlackRock California Investment Quality Municipal Trust, Inc. | RAA | $0.046500 | - | |||
BlackRock Florida Municipal 2020 Term Trust, Inc. | BFO | $0.051000 | - | |||
BlackRock Maryland Municipal Bond Trust | BZM | $0.065400 | - | |||
BlackRock Muni New York Intermediate Duration Fund, Inc. | MNE | $0.053000 | - | |||
BlackRock MuniHoldings New York Insured Fund, Inc. | MHN | $0.053000 | - | |||
BlackRock MuniYield New York Insured Fund, Inc. | MYN | $0.052500 | - | |||
BlackRock New York Insured Municipal Income Trust | BSE | $0.058000 | - | |||
BlackRock New York Municipal Bond Trust | BQH | $0.068000 | - | |||
BlackRock New York Municipal Income Trust | BNY | $0.075339 | - | |||
BlackRock New York Municipal Income Trust II | BFY | $0.062500 | - | |||
The BlackRock New York Investment Quality Municipal Trust, Inc. | RNY | $0.058200 | - | |||
BlackRock MuniHoldings New Jersey Insured Fund, Inc. | MUJ | $0.053000 | - | |||
BlackRock MuniYield New Jersey Fund, Inc. | MYJ | $0.058000 | - | |||
BlackRock MuniYield New Jersey Insured Fund, Inc. | MJI | $0.054000 | - | |||
BlackRock New Jersey Municipal Bond Trust | BLJ | $0.070500 | - | |||
BlackRock New Jersey Municipal Income Trust | BNJ | $0.077600 | - | |||
The BlackRock New Jersey Investment Quality Municipal Trust, Inc. | RNJ | $0.051400 | - | |||
BlackRock MuniYield Arizona Fund, Inc. | MZA | $0.057000 | - | |||
BlackRock MuniYield Michigan Insured Fund II, Inc. | MYM | $0.054000 | - | |||
BlackRock MuniYield Michigan Insured Fund, Inc. | MIY | $0.054000 | - | |||
BlackRock MuniYield Pennsylvania Insured Fund | MPA | $0.053000 | - | |||
The BlackRock Pennsylvania Strategic Municipal Trust | BPS | $0.045000 | - | |||
BlackRock Virginia Municipal Bond Trust | BHV | $0.072428 | - | |||
Massachusetts Health & Education Tax-Exempt Trust | MHE | $0.049000 | - |
Taxable Funds: |  |  |  | |||
Declaration- 10/1/2008 | Ex-Date- 10/10/2008 | Record- 10/15/2008 | Payable- 10/31/2008 |
Fund |  | Ticker |  | Dividend |  | Change From |
 | ||||||
BlackRock Senior High Income Fund, Inc.* | ARK | $0.040000 | - | |||
The BlackRock Broad Investment Grade 2009 Term Trust, Inc. | BCT | $0.049000 | - | |||
BlackRock Global Floating Rate Income Trust | BGT | $0.105000 | - | |||
BlackRock Strategic Bond Trust | BHD | $0.077000 | - | |||
BlackRock Core Bond Trust | BHK | $0.062000 | - | |||
 | ||||||
Fund | Ticker | Dividend | Change From | |||
 | ||||||
BlackRock Defined Opportunity Credit Trust* | BHL | $0.112500 | - | |||
The BlackRock High Yield Trust | BHY | $0.051000 | - | |||
The BlackRock Income Trust, Inc.* | BKT | $0.024000 | - | |||
BlackRock Limited Duration Income Trust* | BLW | $0.105000 | - | |||
BlackRock Income Opportunity Trust, Inc. | BNA | $0.051000 | - | |||
BlackRock Preferred Opportunity Trust* | BPP | $0.125000 | - | |||
BlackRock Preferred and Equity Advantage Trust* | BTZ | $0.130000 | - | |||
BlackRock Corporate High Yield Fund, Inc. | COY | $0.061000 | - | |||
BlackRock Corporate High Yield Fund III, Inc. | CYE | $0.060000 | - | |||
BlackRock Debt Strategies Fund, Inc. | DSU | $0.053000 | - | |||
BlackRock Diversified Income Strategies Fund, Inc. | DVF | $0.135000 | - | |||
BlackRock Enhanced Government Fund, Inc.* | EGF | $0.105000 | - | |||
BlackRock Floating Rate Income Strategies Fund, Inc. | FRA | $0.124835 | - | |||
BlackRock Floating Rate Income Strategies Fund II, Inc. | FRB | $0.123350 | - | |||
BlackRock High Income Shares | HIS | $0.018200 | - | |||
BlackRock Corporate High Yield Fund VI, Inc. | HYT | $0.100000 | - | |||
BlackRock Corporate High Yield Fund V, Inc. | HYV | $0.100000 | - | |||
BlackRock Preferred and Corporate Income Strategies Fund, Inc. | PSW | $0.103300 | - | |||
BlackRock Preferred Income Strategies Fund, Inc. | PSY | $0.114583 | - |
*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 2008 will be made after the end of the year.
About BlackRock
The Funds are managed by BlackRock Advisors, LLC, a subsidiary of BlackRock, Inc. ("BlackRock"). BlackRock is one of the world's largest publicly traded investment management firms. At June 30, 2008, BlackRock's AUM was $1.428 trillion. The firm manages assets on behalf of institutions and individuals worldwide through a variety of equity, fixed income, cash management and alternative investment products. In addition, a growing number of institutional investors use BlackRock Solutions investment system, risk management and financial advisory services. Headquartered in New York City, as of June 30, 2008, the firm has approximately 5,700 employees in 19 countries and a major presence in key global markets, including the U.S., Europe, Asia, Australia and the Middle East. For additional information, please visit the Company'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.
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The amount of dividends paid by each Fund may vary depending on a number of factors. As portfolio and market conditions change, the rate of dividends on the common shares could change. Past amounts of dividends are no guarantee of future dividend payment amounts. The following factors, among others, could cause fund distributions and performance to differ materially from forward-looking statements or historical performance: (1) the introduction, withdrawal, success and timing of business initiatives and strategies; (2) changes in political, economic, financial, market, or industry conditions, the interest rate environment or financial and capital markets, which could result in changes in demand for products or services or in the value of assets under management, and (3) the relative and absolute investment performance of the Funds.
The Annual and Semi-Annual Reports and other regulatory filings of the BlackRock Closed-End Funds with the 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 Closed-End Funds. The information contained on our website is not a part of this press release.