BlackRock Investment Quality Municipal Trust (BKN)

Certain BlackRock municipal closed-end funds (the “Funds”) previously announced mergers or reorganizations (“Reorganizations”). The March distributions for the Surviving Funds below represents the distributions to be paid by the combined Funds post-Reorganization. The distributions for the Target Funds below represents only the pre-Reorganization distributions to be paid to Target Fund shareholders in January and February. Shareholders who continue to hold shares of the Surviving Fund as of the March record date, or who receive shares of the Surviving Fund in connection with the applicable Reorganization and hold such shares on the March record date, will be eligible for the March 13, 2026 Ex and Record Distribution in the Surviving Fund.

BlackRock Advisors, LLC (“BlackRock”) announced today that shareholders of each of the closed-end funds named below (each, a “Fund” and collectively, the “Funds”) have approved the following reorganizations (each, a “Reorganization” and collectively, the “Reorganizations”).

Certain BlackRock closed-end funds (the “Funds”) announced distributions today as detailed below.

Certain BlackRock closed-end funds (the “Funds”) announced distributions today as detailed below.

Certain BlackRock closed-end funds (the “Funds”) announced distributions today as detailed below.

Certain BlackRock closed-end funds (the “Funds”) announced distributions today as detailed below.

Certain BlackRock closed-end funds (the “Funds”) announced distributions today as detailed below.

The BlackRock municipal closed-end funds listed below (the “Funds”) announced today their July 2025 distribution payable date has been updated to 7/31/2025. The prior press release listed the payable date for the July 2025 distribution as 8/1/2025. No other changes are being made to the information announced in the prior press release.

Certain BlackRock closed-end funds (the “Funds”) announced distributions today as detailed below.

BlackRock Advisors, LLC announced today that each of the Boards of Directors/Trustees of each of the closed-end funds named below (each, a “Fund” and collectively, the “Funds”) has approved the following reorganizations and mergers (each, a “Reorganization” and collectively, the “Reorganizations”), as applicable:

BlackRock Advisors, LLC announced today that each of the Boards of Directors/Trustees of each of the closed-end funds named below (each, a “Fund” and collectively, the “Funds”) has approved the following reorganizations (each, a “Reorganization” and collectively, the “Reorganizations), as applicable:

Certain BlackRock closed-end funds (the “Funds”) announced distributions today as detailed below.

Certain BlackRock closed-end funds (the “Funds”) announced distributions today as detailed below.

Certain BlackRock closed-end funds (the “Funds”) announced distributions today as detailed below.

Certain BlackRock closed-end funds (the “Funds”) announced distributions today as detailed below.

Certain BlackRock closed-end funds (the “Funds”) announced distributions today as detailed below.

Certain BlackRock closed-end funds (the “Funds”) announced distributions today as detailed below.

Certain BlackRock closed-end funds (the “Funds”) announced distributions today as detailed below.

Certain BlackRock closed-end funds (the “Funds”) announced distributions today as detailed below.

Certain BlackRock closed-end funds (the “Funds”) announced distributions today as detailed below.

Certain BlackRock closed-end funds (the “Funds”) announced distributions today as detailed below.

Certain BlackRock closed-end funds (the “Funds”) announced distributions today as detailed below.

Certain BlackRock closed-end funds (the “Funds”) announced distributions today as detailed below.

Certain BlackRock closed-end funds (the “Funds”) announced distributions today as detailed below.

The BlackRock closed-end funds (each a “Fund,” and collectively the “Funds”) listed below announced today the implementation of voluntary management fee waivers, effective May 1, 2024. Under the terms of this initiative, BlackRock Advisors, LLC (“BlackRock”) intends to waive management fees if certain conditions, detailed below, are met. In addition, BlackRock will be waiving an additional one-time $2 million in management/advisory fees pro-rata across the Funds.