BlackRock Announces Increased Distribution Rates for Certain Municipal Closed-End Funds

Today, the Board of Directors/Trustees of BlackRock MuniYield Pennsylvania Quality Fund (NYSE: MPA) and BlackRock California Municipal Income Trust (NYSE: BFZ), (each a “Fund,” and collectively the “Funds”) announced distributions, which reflect distribution increases for the Funds.

“We have taken this step to support shareholders of these Funds, consistent with our goal of delivering long-term value. We are focused on enhancing returns for our closed-end fund shareholders and helping them plan for their financial futures,” said R. Glenn Hubbard, Chair of the Board of BlackRock Closed-End Funds.

Each Fund’s monthly distribution rate for June 2024 can be found below:

Municipal Funds:

June 2024 Distribution:

Declaration: 5/20/2024 Ex-Date: 6/14/2024 Record: 6/14/2024 Payable: 7/1/2024

State-Specific Funds		Ticker		Distribution		Change From Prior Distribution
BlackRock MuniYield Pennsylvania Quality Fund*		MPA		$0.066000		+38%
BlackRock California Municipal Income Trust		BFZ		$0.059000		+16%

*In order to comply with the requirements of Section 19 of the Investment Company Act of 1940, as amended (the “1940 Act”), the Fund noted above posted to the DTC bulletin board and sent to its shareholders of record as of the applicable record date a Section 19 notice with the previous distribution payment. The Section 19 notice was provided for informational purposes only and not for tax reporting purposes. This information can be found in the “Closed-End Funds” section of www.blackrock.com. As applicable, the final determination of the source and tax characteristics of all distributions in 2024 will be made after the end of the year.