EX-99.77O 3 c51512_ex99-77o.txt FORM 10f-3 THE BLACKROCK FUNDS RECORD OF SECURITIES PURCHASED UNDER THE TRUST'S RULE 10f-3 PROCEDURES 1. Name of Purchasing Portfolio: EQ/Long Term Bond Portfolio (AXA-LTB), AXA Premier VIP Core Bond Portfolio (AXA-VIP), BlackRock Balanced Capital Portfolio (FI) (Ins - Series) (BCS_F), BlackRock Core Bond Trust (BHK), BlackRock Income Opportunity Trust (BNA-USD), BlackRock Preferred Opportunity Trust (BPP), BlackRock Total Return Portfolio II (BR-CORE), BlackRock Total Return Portfolio (BR-COREPL), BlackRock Intermediate Bond Portfolio II (BR-INT), BlackRock Managed Income Portfolio (BR-MINC), BlackRock Preferred and Equity Advantage Trust - Preferred Sleeve (BTZ-PREF), BlackRock Bond V.I. Fund (Ins - Var Ser) (BVA-BF), BlackRock Bond Portfolio (Ins - Series) (BVA-TR), BlackRock Balanced Capital VI Fund (FI) (BVI_F), Diversified Investment Advisors Core Bond Fund (DIA-CORE), Hirtle Callaghan & Co. Fixed Income II Portfolio(HCIIX), Metropolitan Series BlackRock Bond Income Portfolio (MET-BI), Metropolitan Series BlackRock Diversified Portfolio (Core Bond) (METD_B), Master Aggregate Bond Index Series of the Quantitative Master Series Trust (MF-LBAG), BlackRock Preferred & Corporate Income Strategies Fund, Inc. (PSW), BlackRock Preferred Income Strategies Fund, Inc. (PSY), UBS PACE Intermediate Fixed Income Investments (UBS-PACE), BlackRock Asset Allocation Portfolio (Fixed Income) (BR_AA_FI), Master Core Bond Portfolio of Master Bond Trust (MF-BOND) 2. Issuer: The Progressive Corporation 3. Date of Purchase: 6/18/07 1 4. Underwriter from whom purchased: Goldman Sachs & Co. 5. Name of Affiliated Underwriter (as defined in the Trust's procedures) managing or participating in syndicate: Merrill Lynch, Pierce, Fenner & Smith Incorporated 6. Aggregate principal amount of purchased (out of total offering): $60,750,000 out of $1,000,000,000 7. Aggregate principal amount purchased by funds advised by BlackRock and any purchases by other accounts with respect to which BlackRock has investment discretion (out of the total offering): $105,000,000 out of $1,000,000,000 8. Purchase price (net of fees and expenses): $99.729 9. Date offering commenced: 6/18/07 10. Offering price at end of first day on which any sales were made: 11. Have the following conditions been satisfied: YES NO --- --- a. The securities are part of an issue registered under the Securities Act of 1933, as amended, which is being offered to the public, OR are Eligible Municipal Securities, OR are securities sold in an Eligible Foreign Offering OR are securities sold in an Eligible Rule 144A Offering OR part of an issue of government securities. X --- --- b. The securities were purchased prior to the end of the first day on which any sales were made, at a price that was not more than the price paid by each other purchaser of securities in that offering or in any concurrent offering of the securities (except, in the case of an Eligible Foreign Offering, for any rights to purchase required by laws to be granted to existing security holders of the Issuer) OR, if a rights offering, the securities were purchased on or before the fourth day preceding the day on which the rights offering terminated. X --- --- 2 c. The underwriting was a firm commitment underwriting. X --- --- d. The commission, spread or profit was reasonable and fair in relation to that being received by others for underwriting similar securities during the same period. X --- --- e. In respect of any securities other than Eligible Municipal Securities, the issuer of such securities has been in continuous operation for not less than three years (including the operations of predecessors). X --- --- f. Has the affiliated underwriter confirmed that it will not receive any direct or indirect benefit as a result of BlackRock's participation in the offering? X --- --- Approved: Dan Chen Date: 6/29/07 -------- ------- 3 FORM 10f-3 THE BLACKROCK FUNDS RECORD OF SECURITIES PURCHASED UNDER THE TRUST'S RULE 10f-3 PROCEDURES 1. Name of Purchasing Portfolio: EQ/Long Term Bond Portfolio (AXA-LTB), AXA Multimanager Core Bond Portfolio (AXA-VIP), BlackRock Bond Allocation Target Shares: Series C Portfolio (BATSC), BlackRock Balanced Capital Portfolio (FI) (Ins - Series) (BCS_F), BlackRock Core Bond Trust (BHK), BlackRock Income Opportunity Trust (BNA_USD), BlackRock Total Return Portfolio II (BR-CORE), BlackRock Total Return Portfolio (BR-COREPL), BlackRock Managed Income Portfolio (BR-MINC), BlackRock Asset Allocation Portfolio (Fixed Income) (BR_AA_FI), BlackRock Bond V.I. Fund (Ins - Var Ser) (BVA-BF), BlackRock Bond Portfolio (Ins - Series) (BVA-TR), BlackRock Balanced Capital VI Fund (FI) (BVI_F), Diversified Investment Advisors Core Bond Fund (DIA-CORE), Hirtle Callaghan & Co. Fixed Income II Portfolio (HCIIX), Metropolitan Series BlackRock Bond Income Portfolio (MET-BI), Metropolitan Series BlackRock Diversified Portfolio (Core Bond) (METD_B), Master Core Bond Portfolio of Master Bond Trust (MF-BOND), Master Core Bond Enhanced Index Series of the Quantitative Master Series Tr (MF-LBAG), MGI Core Opportunistic Fixed Income Fund (MGI), SEI Institutional International Trust International Fixed Income Fund (SIT-IB) 2. Issuer: AT&T Inc. 3. Date of Purchase: 8/28/07 4. Underwriter from whom purchased: Banc of America Securities LLC 1 5. Name of Affiliated Underwriter (as defined in the Trust's procedures) managing or participating in syndicate: Merrill Lynch, Pierce, Fenner & Smith Incorporated 6. Aggregate principal amount of purchased (out of total offering): $92,000,000 out of $2,000,000,000 7. Aggregate principal amount purchased by funds advised by BlackRock and any purchases by other accounts with respect to which BlackRock has investment discretion (out of the total offering): $200,000,000 out of $2,000,000,000 8. Purchase price (net of fees and expenses): 99.568 9. Date offering commenced: 8/28/07 10. Offering price at end of first day on which any sales were made: 11. Have the following conditions been satisfied: YES NO --- --- a. The securities are part of an issue registered under the Securities Act of 1933, as amended, which is being offered to the public, OR are Eligible Municipal Securities, OR are securities sold in an Eligible Foreign Offering OR are securities sold in an Eligible Rule 144A Offering OR part of an issue of government securities. X --- --- b. The securities were purchased prior to the end of the first day on which any sales were made, at a price that was not more than the price paid by each other purchaser of securities in that offering or in any concurrent offering of the securities (except, in the case of an Eligible Foreign Offering, for any rights to purchase required by laws to be granted to existing security holders of the Issuer) OR, if a rights offering, the securities were purchased on or before the fourth day preceding the day on which the rights offering terminated. X --- --- c. The underwriting was a firm commitment underwriting. X --- --- 2 d. The commission, spread or profit was reasonable and fair in relation to that being received by others for underwriting similar securities during the same period. X --- --- e. In respect of any securities other than Eligible Municipal Securities, the issuer of such securities has been in continuous operation for not less than three years (including the operations of predecessors). X --- --- f. Has the affiliated underwriter confirmed that it will not receive any direct or indirect benefit as a result of BlackRock's participation in the offering? X --- --- Approved: Jeff Cucunato Date: 9/l7/2007 ------------- --------- 3 FORM 10f-3 THE BLACKROCK FUNDS RECORD OF SECURITIES PURCHASED UNDER THE TRUST'S RULE 10f-3 PROCEDURES 1. Name of Purchasing Portfolio: AXA Multimanager Core Bond Portfolio (AXA- VIP), BlackRock Bond Allocation Target Shares: Series C Portfolio (BATSC), BlackRock Balanced Capital Portfolio (FI) (Ins-Series) (BCS_F), BlackRock Core Bond Trust (BHK), BlackRock Income Opportunity Trust (BNA-USD), BlackRock Preferred Opportunity Trust (BPP), BlackRock Managed Income Portfolio (BR-MINC), BlackRock Asset Allocation Portfolio (Fixed Income) (BR_AA_FI), BlackRock Preferred and Equity Advantage Trust - Preferred Sleeve (BTZ-PREF), BlackRock Bond V.I. Fund (Ins - Var Ser) (BVA-BF), Metropolitan Series BlackRock Diversified Portfolio (Core Bond) (METD_B), BlackRock Preferred & Corporate Income Strategies Fund, Inc. (PSW), BlackRock Preferred Income Strategies Fund, Inc. (PSY) 2. Issuer: Royal Bank of Scotland (cusip 780097AU5) 3. Date of Purchase: 9/26/07 4. Underwriter from whom purchased: RBS Greenwich Capital 5. Name of Affiliated Underwriter (as defined in the Trust's procedures) managing or participating in syndicate: Merrill Lynch, Pierce, Fenner & Smith Incorporated 6. Aggregate principal amount of purchased (out of total offering): 33mm (1.5B) 1 7. Aggregate principal amount purchased by funds advised by BlackRock and any purchases by other accounts with respect to which BlackRock has investment discretion (out of the total offering): 100mm(1.5B) 8. Purchase price (net of fees and expenses): $100 9. Date offering commenced: 9/26/07 10. Offering price at end of first day on which any sales were made: 11. Have the following conditions been satisfied: YES NO --- --- a. The securities are part of an issue registered under the Securities Act of 1933, as amended, which is being offered to the public, OR are Eligible Municipal Securities, OR are securities sold in an Eligible Foreign Offering OR are securities sold in an Eligible Rule 144A Offering OR part of an issue of government securities. X --- --- b. The securities were purchased prior to the end of the first day on which any sales were made, at a price that was not more than the price paid by each other purchaser of securities in that offering or in any concurrent offering of the securities (except, in the case of an Eligible Foreign Offering, for any rights to purchase required by laws to be granted to existing security holders of the Issuer) OR, if a rights offering, the securities were purchased on or before the fourth day preceding the day on which the rights offering terminated. X --- --- c. The underwriting was a firm commitment underwriting. X --- --- 2 d. The commission, spread or profit was reasonable and fair in relation to that being received by others for underwriting similar securities during the same period. X --- --- e. In respect of any securities other than Eligible Municipal Securities, the issuer of such securities has been in continuous operation for not less than three years (including the operations of predecessors). X --- --- f. Has the affiliated underwriter confirmed that it will not receive any direct or indirect benefit as a result of BlackRock's participation in the offering? X --- --- Approved: Dan Chen Date: 10/10/07 -------- -------- 3