Company: BCAT
Filing Date: 2025-03-07
Form Type: N-CSR
Source: 0001193125-25-049576
Chunk: 57

Company: BlackRock Capital Allocation Term Trust
Filing Date: 2025-03-07
Form: N-CSR
Chunk 57
---
4 and ended on December 31, 2024.The results of the fourth measurement period, and any action approved by the Board as a result, will be announced promptly after the end of the measurement period. There is no guarantee that shareholders will be able to sell all of the shares that they desire to sell in any particular tender offer that is executed and there can be no assurance as to the effect that the Program will have on the market for a Trust’s shares or the discount at which a Trust’s shares may trade relative to its NAV. As a result of the discount trigger being met during the first measurement period, each Trust conducted a tender offer for 2.5% of its outstanding common shares, at a price equal to 98% of the NAV per share, determined on the business day after the tender offer expired. The results of the tender offers were as follows: BCAT

| CommencementDate of TenderOffer 
 Period(a)                       | ValuationDate | Number of SharesTendered | Tendered Sharesas a Percentage ofOutstanding Shares | Number of TenderedSharesPurchased | Tendered SharesPurchasedas a Percentage ofOutstanding Shares | Purchase Price | Total Amount ofPurchases |
| 07/17/24                        | 08/19/24      |               14,916,872 | 13.9%                                               |                         2,686,545 | 2.5%                                                         |       $16.8854 |              $45,363,387 |

| (a) | Date                               
 the repurchase offer period began. |

ECAT

| CommencementDate of TenderOffer 
 Period(a)                       | ValuationDate | Number of SharesTendered | Tendered Sharesas a Percentage ofOutstanding Shares | Number of TenderedSharesPurchased | Tendered SharesPurchasedas a Percentage ofOutstanding Shares | Purchase Price | Total Amount ofPurchases |
| 07/22/24                        | 08/22/24      |               17,487,970 | 17.2%                                               |                         2,547,328 | 2.5%                                                         |       $18.0516 |              $45,983,346 |

| (a) | Date                               
 the repurchase offer period began. |

As of December 31, 2024, BlackRock Financial Management, Inc., an affiliate of the Trusts, owned 5,000 shares of each of BCAT and ECAT.

Notes to Consolidated