BlackRock Enhanced Government Fund Inc.
Cusip: 09255K108
Ticker: EGF
| |
| Record Date | December 15, 2009 |
| Pay Date | December 18, 2009 |
| Distribution Amount per share | $ 0.2720 |
The following table sets forth the estimated amounts of the current distribution and the cumulative distributions paid this
fiscal year to date from the following sources: net investment income, net realized short-term capital gains, net realized long-
term capital gains and return of capital. All amounts are expressed per common share.
| | | | |
| | | | | % Breakdown of the |
| | | % Breakdown | Total Cumulative | Total Cumulative |
| | | of the Current | Distributions for the | Distributions for the |
| | Current Distribution | Distribution | Fiscal Year to Date | Fiscal Year to Date |
| Net Investment Income | $ 0.0616 | 23% | $ 0.9467 | 72% |
| Net Realized Short-Term Capital Gains | $ - | 0% | $ - | 0% |
| Net Realized Long-Term Capital Gains | $ 0.1670 | 61% | $ 0.2968 | 22% |
| Return of Capital | $ 0.0434 | 16% | $ 0.0785 | 6% |
| Total (per common share) | $ 0.2720 | 100% | $ 1.3220 | 100% |
| |
| Average annual total return (in relation to NAV) for the inception to date ending on November 30, 2009 | 4.71% |
| Annualized current distribution rate expressed as a percentage of NAV as of November 30, 2009 | 19.21% |
| Cumulative total return (in relation to NAV) for the fiscal year through November 30, 2009 | 12.85% |
| Cumulative fiscal year distributions as a percentage of NAV as of November 30, 2009 | 7.78% |
At December 14, 2009, and after giving effect to the distribution, the sum of the Fund's accumulated net realized losses and net unrealized depreciation
of portfolio securities approximated $(13.5) million, of which approximately $(13.6) million represents unrealized depreciation of portfolio securities.
You should not draw any conclusions about the Fund’s investment performance from the amount of this distribution or from the terms of the
Fund's Managed Distribution Plan.
The Fund estimates that it has distributed more than its income and net realized gains; therefore, a portion of your distribution may be a
return of capital. A return of capital may occur, for example, when some or all of the money that you invested in the Fund is paid back to you. A return
of capital does not necessarily reflect the Fund’s investment performance and should not be confused with ‘yield’ or ‘income’ .
The amounts and sources of distributions reported in the Notice are only estimates and are not being provided for tax reporting purposes.
The actual amounts and sources of the amounts for tax reporting purposes will depend upon the Fund’s investment experience during the remainder
of its fiscal year and may be subject to changes based on the tax regulations. The Fund will send you a Form 1099-DIV for the calendar year that will
tell you how to report these distributions for federal income tax purpose.
Contact Number: 888-825-2257
