BTT Overview

Distribution Dates Announced: Specific distribution dates for certain BlackRock closed-end funds have been announced.

Amounts Specified: The announcement includes details on the amounts to be distributed for these funds.

Repurchase Program Announcement: BlackRock Municipal 2030 Target Term Trust (BTT) has reauthorized its open market share repurchase program, allowing for the repurchase of up to 5% of its outstanding common shares through November 30, 2026.

Objective of the Program: The Repurchase Program aims to enhance shareholder value by buying shares trading at a discount to the Trust's net asset value (NAV), potentially contributing to the goal of returning at least $25 per share to shareholders by 2030.

Repurchase History: As of November 14, 2025, BTT has repurchased $140 million in shares, resulting in a total NAV accretion of $19 million, or $0.26 per share.

Forward-Looking Statements: BlackRock cautions that forward-looking statements regarding the Trust's performance are subject to various risks and uncertainties, and actual results may differ significantly from those anticipated.

Distribution Announcements: BlackRock has announced distributions for various closed-end funds, including municipal, taxable municipal, taxable fixed income, equity, and multi-asset funds, with declaration dates set for November 3, 2025, and payable dates on November 28, 2025.

Managed Distribution Plans: The BlackRock Capital Allocation Term Trust and BlackRock ESG Capital Allocation Term Trust have adopted managed distribution plans to maintain a consistent monthly distribution of income, capital gains, and/or return of capital, calculated based on their 12-month rolling average daily net asset value.

Estimated Sources of Distributions: The estimated sources of distributions for the funds include net income, net realized short-term gains, net realized long-term gains, and return of capital, with many funds expected to distribute more than their income and gains, indicating a potential return of capital.

Forward-Looking Statements: BlackRock cautions that forward-looking statements regarding the funds' performance and distributions are subject to various risks and uncertainties, and actual results may differ significantly from those anticipated.