BlackRock Announces Additional Details Related to Proposed Reorganization of Certain BlackRock Equity Closed-End Funds
27 1월 2012 - 7:30AM
Business Wire
BlackRock Advisors, LLC announced today that, at a special
meeting of shareholders of BlackRock Equity Dividend Trust
(NYSE:BDV) and BlackRock Enhanced Equity Dividend Trust (NYSE:BDJ)
held today, shareholders of BDV and BDJ have approved the
reorganization of each of (i) BDV with and into BDJ (the “BDV
Reorganization”) and (ii) BlackRock Strategic Equity Dividend Trust
(NYSE:BDT) with and into BDJ (the “BDT Reorganization”,
collectively with the BDV Reorganization, the “Reorganizations”).
As announced on December 22, 2011, shareholders of BDT previously
approved the BDT Reorganization.
It is currently expected that the Reorganizations will be
completed on or about February 24, 2012, subject to all regulatory
requirements and customary closing conditions being satisfied. The
Reorganizations, if completed, would occur based on the relative
net asset values of (i) BDV and BDJ and (ii) BDT and BDJ,
respectively.
This communication is not intended to, and shall not, constitute
an offer to purchase or sell shares of any of the BlackRock funds,
including BDJ, the surviving fund in the Reorganizations. Investors
should consider the investment objectives, risks, charges and
expenses of their fund(s) carefully and consider in its entirety
the Joint Proxy Statement/Prospectus relating to the
Reorganizations which contains important information regarding the
investment objectives and policies, risks, charges, expenses and
other important information about BDJ.
About BlackRock
BlackRock is a leader in investment management, risk management
and advisory services for institutional and retail clients
worldwide. At December 31, 2011, BlackRock’s AUM was $3.513
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, 2011, the firm
has approximately 10,100 employees in 27 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 of BDV, BDT and BDJ (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 each Fund or in each fund’s net asset
value; (2) the relative and absolute investment performance of each
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 each 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; (11) the impact
of problems at other financial institutions or the failure or
negative performance of products at other financial institutions;
and (12) the ability of BlackRock to integrate the operations of
Barclays Global Investors.
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.gov and 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 Equity Dividend Trust (NYSE:BDV)
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부터 10월(10) 2024 으로 11월(11) 2024
Blackrock Equity Dividend Trust (NYSE:BDV)
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부터 11월(11) 2023 으로 11월(11) 2024