CII - BlackRock Enhanced Large Cap Core Fund

What this means for you

None of the investors we follow has reported owning 5% or more of this fund. That is the normal state for most closed-end funds.

Nothing is required of you. If that changes, the notice appears here within a day of being filed with the regulator.

Email me if this changes

What happened, and when

In the fund's last buy-back (results filed Feb 25, 2025), holders offered 10.2% of all shares and the fund bought about 24 of every 100 shares offered, so holders who took part got only part of what they offered. Results of the last buy-back →

1. July 27, 2026

   The fund said it may sell new shares.

   Original document →

2. July 15, 2026

   The fund said it may sell new shares.

   Original document →

3. Feb 25, 2025

   The buy-back ended; holders offered 10.2% of all shares and the fund paid $21.1974 a share.

   Original document →

4. Feb 24, 2025

   The buy-back ended; an early count says holders offered 10.2% of all shares.

   Original document →

5. Jan 22, 2025

   The fund offered to buy back 2.5% of its shares at 98% of value, until Feb 21, 2025.

   Original document →

About this fund

• Run by BlackRock Advisors, LLC. Part of the BlackRock-advised Funds fund family. As of Dec 31, 2025, from the fund's yearly report. Original document →
• Size: about $1.08 billion of holdings, as of June 30, 2026. As of June 30, 2026, from the fund's quarterly holdings report. Original document →
• Borrowing: the fund borrows about 4% on top of its own money, as of June 30, 2026. Borrowed money makes gains and losses bigger. As of June 30, 2026, from the fund's quarterly holdings report. Original document →
• Costs: 0.9% a year in management fees; 0.9% a year in total, including interest on borrowed money. Fiscal year ended Dec 31, 2025. As of Dec 31, 2025, from the fund's yearly report. Original document →
  Among the 53 funds we follow that invest in shares, 15 charge a lower management fee and 6 charge less in total, at their last yearly reports. Both numbers are measured against the fund's own money, not the money it borrows on top, so a fund that borrows more shows higher costs on both counts.
• Payouts: last fiscal year (ended Dec 31, 2025) the fund paid $3.89 a share. $0.03 of that was income; $3.86 came from gains. Most funds announce their monthly or quarterly payout on their own website, not in a filing with the regulator, so a cut or a raise there does not show up here until the next yearly report. A few funds do file a notice about a fixed payout; those appear under What happened, and when. As of Dec 31, 2025, from the fund's annual report. Original document →
• Value of holdings per share at the last fiscal year end (Dec 31, 2025): $22.62. The shares traded at $23.37, about 3.3% above that. As of Dec 31, 2025, from the fund's yearly report. Original document →
• How the holdings did: up 17.2% over the last three months we have (April-June 2026), before the share price is taken into account. As of June 30, 2026, from the fund's quarterly holdings report. Original document →
• First reported to the regulator in 2004.

How this has changed

• Payouts per share: $3.89 in the fiscal year ended Dec 31, 2025; $1.24 in the year ended Dec 31, 2024; $1.19 in the year ended Dec 31, 2023.As of Dec 31, 2025, from the fund's annual report. Original document →
• None of those payouts was your own money back; all of it was income or gains.As of Dec 31, 2025, from the fund's annual report. Original document →
• Costs, including interest on borrowed money: 0.93% a year in the fiscal year ended Dec 31, 2025; 0.93% a year in the year ended Dec 31, 2024; 0.89% a year in the year ended Dec 31, 2023.As of Dec 31, 2025, from the fund's annual report. Original document →
• Size of the holdings: about $926 million at Dec 31, 2025; $900 million at Dec 31, 2024; $875 million at Dec 31, 2023. From the fund's quarterly holdings reports. Original documents: Dec 31, 2025 →, Dec 31, 2024 →, Dec 31, 2023 →.
• Borrowing: about 11% on top of its own money at Dec 31, 2025; 3% at Dec 31, 2024; 3% at Dec 31, 2023. From the fund's quarterly holdings reports. Original documents: Dec 31, 2025 →, Dec 31, 2024 →, Dec 31, 2023 →.
• The fund had about 41 million shares at Dec 31, 2025, down 7.1% from Dec 31, 2023.As of Dec 31, 2025, from the fund's annual report. Original document →
  In between, the fund bought back shares. Original document →

What these lines mean: a payout that is your own money back, what a fund costs, borrowing.

What a holder made

• The year ended Dec 31, 2025: the shares returned +38.2%, counting payouts; the holdings +25.4%. The holdings figure is what the fund's investments earned, before the share price is taken into account. As of Dec 31, 2025, from the fund's annual report. Original document →
• The year ended Dec 31, 2024: the shares returned +12.7%, counting payouts; the holdings +15.2%. As of Dec 31, 2024, from the fund's annual report. Original document →
• The year ended Dec 31, 2023: the shares returned +18.4%, counting payouts; the holdings +20.5%. As of Dec 31, 2023, from the fund's annual report. Original document →
• The year ended Dec 31, 2022: the shares returned -13.2%, counting payouts; the holdings -11%. As of Dec 31, 2022, from the fund's annual report. Original document →
• The year ended Dec 31, 2021: the shares returned +34.2%, counting payouts; the holdings +22%. As of Dec 31, 2021, from the fund's annual report. Original document →
• Those five years together: the shares returned +114.6%. $10,000 of shares bought at the start (Jan 1, 2021) would have become about $21,500 by Dec 31, 2025, with every payout counted, before tax. As of Dec 31, 2025, from the fund's annual report. Original document →
• The holdings over the last twelve months we have, to June 30, 2026: +28.5%. The quarterly reports carry no share price, so this is the holdings alone. As of June 30, 2026, from the fund's quarterly holdings report. Original document →
• Of the 46 funds that invest in shares with a fiscal year ending within six months of this one, 0 reported a higher share return for that year and 45 a lower one. As of Dec 31, 2025, from the fund's annual report. Original document →
• A past year says nothing about the next one. All figures are the fund's own, from its reports to the regulator.

Why the shares and the holdings can differ: the gap between price and value. Why payouts count: a payout that is your own money back.

What the fund holds

Mostly shares (99%), the rest cash and short-term holdings. About 94% issued in the U.S.

The fund also sells options on its holdings to raise income.

1. Nvidia - 7.3%
2. Amazon.com - 6.6%
3. Alphabet - 5.1%
4. Micron Technology - 4.5%
5. Microsoft - 4.2%
6. Meta Platforms - 4.1%
7. Visa - 3.7%
8. Intel - 3.6%
9. Cardinal Health - 3.6%
10. Apple - 3.5%

As of June 30, 2026, from the fund's quarterly holdings report. Original document →