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BlackRock to Host Call for BCAT and BIGZ Closed-End Funds on Thursday, June 24th

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BlackRock will host a conference call on June 24 at 4:00pm ET, featuring portfolio managers Rick Rieder and Phil Ruvinsky from BlackRock Capital Allocation Trust (BCAT) and BlackRock Innovation and Growth Trust (BIGZ). Key topics include Rieder's strategy on unconstrained investments across public and private markets in BCAT, and Ruvinsky's management of the $5 billion raised during BIGZ's March 2021 IPO. Investors can join the call by dialing 855-255-2663 with the Call ID 7885364.

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BlackRock will host a conference call on Thursday, June 24th at 4:00pm ET. The call will feature Rick Rieder and Phil Ruvinsky, portfolio managers for BlackRock Capital Allocation Trust (NYSE: BCAT) and BlackRock Innovation and Growth Trust (NYSE: BIGZ), respectively.

Featuring:

  • Rick Rieder, CIO of Global Fixed Income and Head of the Global Allocation Team
  • Phil Ruvinsky, Portfolio Manager, Alpha Strategies Group

Topics will include:

  • Rick Rieder will share how he's using the “closed” structure to invest unconstrained across public and private markets in BCAT
  • Phil Ruvinsky will discuss how he’s investing the $5 billion raised from BIGZ’s March 2021 IPO

Call details:

Date

Thursday, June 24th

Time

4:00pm ET

Dial-in

855-255-2663

Call ID

7885364

Questions

Please submit any questions to: CEFconferencecall@blackrock.com

For more information on BlackRock’s closed-end funds, please visit www.blackrock.com/CEF

About BlackRock

BlackRock’s purpose is to help more and more people experience financial well-being. As a fiduciary to investors and a leading provider of financial technology, we help millions of people build savings that serve them throughout their lives by making investing easier and more affordable. For additional information on BlackRock, please visit www.blackrock.com/corporate | Twitter: @blackrock | LinkedIn: www.linkedin.com/company/blackrock

Availability of Fund Updates

BlackRock will update performance and certain other data for the Funds on a monthly basis on its website in the “Closed-end Funds” section of www.blackrock.com as well as certain other material information as necessary from time to time. Investors and others are advised to check the website for updated performance information and the release of other material information about the Funds. This reference to BlackRock’s website is intended to allow investors public access to information regarding the Funds and does not, and is not intended to, incorporate BlackRock’s website in this release.

Forward-Looking Statements

This press release, and other statements that BlackRock or a Fund may make, may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act, with respect to a Fund’s or 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 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 the Funds or in a Fund’s net asset value; (2) the relative and absolute investment performance of a 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 a 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; and (11) the impact of problems at other financial institutions or the failure or negative performance of products at other financial institutions.

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.

FAQ

What is the date and time of the BlackRock conference call?

The BlackRock conference call is scheduled for June 24 at 4:00pm ET.

Who are the featured speakers in the BlackRock conference call?

Rick Rieder and Phil Ruvinsky are the featured speakers in the BlackRock conference call.

What will Rick Rieder discuss during the BlackRock call?

Rick Rieder will discuss his use of the 'closed' structure for unconstrained investments in BCAT.

What will Phil Ruvinsky address during the conference call?

Phil Ruvinsky will address the investment strategies for the $5 billion raised from the BIGZ IPO.

How can investors participate in the BlackRock call?

Investors can participate by calling 855-255-2663 and entering the Call ID 7885364.

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