BlackRock Enhanced Capital and Income Fund, Inc. Announces Monthly Distribution, Payable on January 31, 2017
January 04, 2017 at 04:00 am IST
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BlackRock Enhanced Capital and Income Fund, Inc. announced monthly distribution of $0.082800, payable on January 31, 2017. Record date is January 13, 2017 and ex-date is January 11, 2017.
BlackRock Enhanced Capital and Income Fund, Inc. (the Trust) is a closed-end management investment company. The Trust's investment objective is to provide current income and capital appreciation. It seeks to achieve its investment objective by investing in a portfolio of equity securities of the United States and foreign issuers. The Trust may invest directly in such securities or synthetically through the use of derivatives. The Trust also seeks to achieve its investment objective by employing a strategy of writing (selling) call and put options. In addition to its option strategy on indices, the Trust may pursue a strategy that includes the writing (selling) of both call and put options on individual common stocks. The Trust invests in various sectors, including Information technology, consumer discretionary, communication services, financials, health care, industrials, materials, energy, consumer staples, and real estate. Investment adviser of the Trust is BlackRock Advisors, LLC.