Updated Quarter-End Portfolio Data Now Available For BlackRock Closed-End Funds
03 May 2007 - 8:20AM
Business Wire
BlackRock, Inc. today announced that quarter-end fund data for its
closed-end funds, as of March 31, 2007, is now available. The
information is available on BlackRock�s website at
www.blackrock.com. About BlackRock BlackRock is one of the world�s
largest publicly traded investment management firms. As of March
31, 2007, assets under management were $1.154 trillion. The firm
manages assets on behalf of institutions and individuals worldwide
through a variety of equity, fixed income, cash management and
alternative investment products. In addition, a growing number of
institutional investors use BlackRock Solutions investment system,
risk management and financial advisory services. Headquartered in
New York City, the firm has approximately 5,000 employees in 18
countries and a major presence in key global markets, including the
U.S., Europe, Asia, Australia and the Middle East. For additional
information, please visit the Company's website at
www.blackrock.com. Forward-Looking Statements This press release,
and other statements that BlackRock may make, may contain
forward-looking statements within the meaning of the Private
Securities Litigation Reform Act, with respect to 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. In addition to factors previously disclosed
in BlackRock's SEC reports and those identified elsewhere in this
communication, the following factors, among others, could cause
actual results to differ materially from forward-looking statements
or historical performance: (1) the introduction, withdrawal,
success and timing of business initiatives and strategies; (2)
changes in political, economic or industry conditions, the interest
rate environment or financial and capital markets, which could
result in changes in demand for products or services or in the
value of assets under management; (3) the relative and absolute
investment performance of BlackRock's investment products,
including its separately managed accounts and the former MLIM
business; (4) the impact of increased competition; (5) the impact
of capital improvement projects; (6) the impact of future
acquisitions or divestitures; (7) the unfavorable resolution of
legal proceedings; (8) the extent and timing of any share
repurchases; (9) the impact, extent and timing of technological
changes and the adequacy of intellectual property protection; (10)
the impact of legislative and regulatory actions and reforms and
regulatory, supervisory or enforcement actions of government
agencies relating to BlackRock, Merrill Lynch or PNC; (11)
terrorist activities and international hostilities, which may
adversely affect the general economy, domestic and local financial
and capital markets, specific industries, and BlackRock; (12) the
ability to attract and retain highly talented professionals; (13)
fluctuations in foreign currency exchange rates, which may
adversely affect the value of advisory fees earned by BlackRock;
(14) the impact of changes to tax legislation and, generally, the
tax position of the Company; (15) BlackRock's ability to
successfully integrate the MLIM business with its existing
business; (16) the ability of BlackRock to effectively manage the
former MLIM assets along with its historical assets under
management; and (17) BlackRock's success in maintaining the
distribution of its products. BlackRock's Annual Reports on Form
10-K and BlackRock's subsequent filings with the SEC, accessible on
the SEC's website at http://www.sec.gov and on BlackRock�s website
at http://www.blackrock.com, discuss these factors in more detail
and identify additional factors that can affect forward-looking
statements. The information contained on our website is not a part
of this press release.
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