EX-99.(G)(7) 11 d791219dex99g7.htm AMENDMENT NO. 5 TO AMENDED AND RESTATED MASTER ADVISORY FEE WAIVER AGREEMENT Amendment No. 5 to Amended and Restated Master Advisory Fee Waiver Agreement

Exhibit (g)(7)

Amendment No. 5 to Amended and Restated Master Advisory Fee Waiver Agreement

This AMENDMENT NO. 5 (this “Amendment”) to the Amended and Restated Master Advisory Fee Waiver Agreement dated December 1, 2019 (the “Agreement”) is made as of this 23rd day of September, 2021, by and among BlackRock Advisors, LLC (the “Adviser”) and each investment company listed on Schedule A attached hereto (each, a “Fund”).

WHEREAS, each Fund is registered under the Investment Company Act of 1940, as amended, as a closed-end management company;

WHEREAS, each Fund that is currently party to the Agreement is organized as a statutory trust under the laws of the State of Delaware, a business trust under the laws of the Commonwealth of Massachusetts, a corporation under the laws of the State of Maryland or a statutory trust under the laws of the State of Maryland;

WHEREAS, BlackRock ESG Capital Allocation Trust (the “New Fund”) is a newly organized statutory trust under the laws of the State of Maryland and desires to be added as a party to the Agreement; and

WHEREAS, the Adviser and the Funds desire to amend and restate Schedule A to the Agreement to reflect the addition of the New Fund as a party to the Agreement.

NOW, THEREFORE, in consideration of the mutual covenants set forth herein and other good and valuable consideration, the receipt of which is hereby acknowledged, the parties hereto agree as follows:

1.     Schedule A to the Agreement is hereby deleted in its entirety and replaced with Schedule A attached hereto.

2.     

 

  (a)

Except as expressly amended and provided herein, the Agreement shall remain in full force and effect. In the event of a conflict between the terms of this Amendment with respect to the New Fund and the terms of the Agreement, this Amendment shall control.

 

  (b)

This Amendment may be executed in two or more counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument.

[Signature Page Follows]

IN WITNESS WHEREOF, the parties have caused this Amendment to be signed by their respective officers as of the day and year first above written.

 

EACH OF THE FUNDS LISTED ON

SCHEDULE A ATTACHED HERETO

By:  

/s/ Trent Walker

  Name: Trent Walker
  Title:   Chief Financial Officer
BLACKROCK ADVISORS, LLC
By:  

/s/ Trent Walker

  Name: Trent Walker
  Title:   Managing Director

[Signature Page to Amendment No. 5 to Amended and Restated Master Advisory Fee Waiver Agreement]

AMENDED AND RESTATED SCHEDULE A

Closed-End Fund Master Advisory Fee Waiver Agreement

(Dated as of September 23, 2021)

 

1.

    BGIO    BlackRock 2022 Global Income Opportunity Trust    June 30, 2023

2.

    BFZ    BlackRock California Municipal Income Trust    June 30, 2023

3.

    BCAT    BlackRock Capital Allocation Trust    June 30, 2023

4.

    BHK    BlackRock Core Bond Trust    June 30, 2023

5.

    HYT    BlackRock Corporate High Yield Fund, Inc.    June 30, 2023

6.

    BTZ    BlackRock Credit Allocation Income Trust    June 30, 2023

7.

    CREDX    BlackRock Credit Strategies Fund    June 30, 2023

8.

    DSU    BlackRock Debt Strategies Fund, Inc.    June 30, 2023

9.

    BGR    BlackRock Energy and Resources Trust    June 30, 2023

10.

    CII    BlackRock Enhanced Capital and Income Fund, Inc.    June 30, 2023

11.

    BDJ    BlackRock Enhanced Equity Dividend Trust    June 30, 2023

12.

    BOE    BlackRock Enhanced Global Dividend Trust    June 30, 2023

13.

    EGF    BlackRock Enhanced Government Fund, Inc.    June 30, 2023

14.

    BGY    BlackRock Enhanced International Dividend Trust    June 30, 2023

15.

    ECAT    BlackRock ESG Capital Allocation Trust    June 30, 2023

16.

    FRA    BlackRock Floating Rate Income Strategies Fund, Inc.    June 30, 2023

17.

    BGT    BlackRock Floating Rate Income Trust    June 30, 2023

18.

    BME    BlackRock Health Sciences Trust    June 30, 2023

19.

    BMEZ    BlackRock Health Sciences Trust II    June 30, 2023

20.

    GPS    BlackRock Hedge Fund Guided Portfolio Solution    June 30, 2023

 

A-1

21.

    BKT    BlackRock Income Trust, Inc.    June 30, 2023

22.

    BIGZ    BlackRock Innovation and Growth Trust    June 30, 2023

23.

    BKN    BlackRock Investment Quality Municipal Trust, Inc.    June 30, 2023

24.

    BLW    BlackRock Limited Duration Income Trust    June 30, 2023

25.

    BTA    BlackRock Long-Term Municipal Advantage Trust    June 30, 2023

26.

    BIT    BlackRock Multi-Sector Income Trust    June 30, 2023

27.

    MSO    BlackRock Multi-Sector Opportunities Trust    June 30, 2023

28.

    MSO II    BlackRock Multi-Sector Opportunities Trust II    June 30, 2023

29.

    MUI    BlackRock Muni Intermediate Duration Fund, Inc.    June 30, 2023

30.

    MUA    BlackRock MuniAssets Fund, Inc.    June 30, 2023

31.

    BTT    BlackRock Municipal 2030 Target Term Trust    June 30, 2023

32.

    BYM    BlackRock Municipal Income Quality Trust    June 30, 2023

33.

    BFK    BlackRock Municipal Income Trust    June 30, 2023

34.

    BLE    BlackRock Municipal Income Trust II    June 30, 2023

35.

    MUC    BlackRock MuniHoldings California Quality Fund, Inc.    June 30, 2023

36.

    MHD    BlackRock MuniHoldings Fund, Inc.    June 30, 2023

37.

    MFL    BlackRock MuniHoldings Investment Quality Fund    June 30, 2023

38.

    MUJ    BlackRock MuniHoldings New Jersey Quality Fund, Inc.    June 30, 2023

39.

    MHN    BlackRock MuniHoldings New York Quality Fund, Inc.    June 30, 2023

40.

    MUE    BlackRock MuniHoldings Quality Fund II, Inc.    June 30, 2023

41.

    MVT    BlackRock MuniVest Fund II, Inc.    June 30, 2023

42.

    MVF    BlackRock MuniVest Fund, Inc.    June 30, 2023

43.

    MYC    BlackRock MuniYield California Fund, Inc.    June 30, 2023

 

A-2

44.

    MCA    BlackRock MuniYield California Quality Fund, Inc.    June 30, 2023

45.

    MYD    BlackRock MuniYield Fund, Inc.    June 30, 2023

46.

    MIY    BlackRock MuniYield Michigan Quality Fund, Inc.    June 30, 2023

47.

    MYJ    BlackRock MuniYield New Jersey Fund, Inc.    June 30, 2023

48.

    MYN    BlackRock MuniYield New York Quality Fund, Inc.    June 30, 2023

49.

    MPA    BlackRock MuniYield Pennsylvania Quality Fund    June 30, 2023

50.

    MQT    BlackRock MuniYield Quality Fund II, Inc.    June 30, 2023

51.

    MYI    BlackRock MuniYield Quality Fund III, Inc.    June 30, 2023

52.

    MQY    BlackRock MuniYield Quality Fund, Inc.    June 30, 2023

53.

    BNY    BlackRock New York Municipal Income Trust    June 30, 2023

54.

    BPIF    BlackRock Private Investments Fund    June 30, 2023

55.

    BCX    BlackRock Resources & Commodities Strategy Trust    June 30, 2023

56.

    BST    BlackRock Science and Technology Trust    June 30, 2023

57.

    BSTZ    BlackRock Science and Technology Trust II    June 30, 2023

58.

    BBN    BlackRock Taxable Municipal Bond Trust    June 30, 2023

59.

    BUI    BlackRock Utilities, Infrastructure & Power Opportunities Trust    June 30, 2023

60.

    BHV    BlackRock Virginia Municipal Bond Trust    June 30, 2023

 

A-3