Fund Description: BlackRock Enhanced Capital and Income Fund, Inc. formerly BlackRock Capital and Income Strategies Fund, is an exchange-traded closed-end fund or a closed-end ETF that is officially described as a diversified, closed-end management investment company. INVESTMENT OBJECTIVE: The BlackRock Enhanced Capital and Income Fund, Inc. seeks to provide current income and capital appreciation. FUND STRATEGY: The Fund will invest primarily in a diversified portfolio of common stocks in an attempt to generate current income and by employing a strategy of writing (selling) call options on equities in an attempt to generate gains from option premiums. It invests in a portfolio of equity and debt securities of United States and foreign issuers. The Fund’s portfolio includes common stocks in various sectors such as Banks, Building Products, Metals & Mining, Internet Software & Services, Real Estate Investment Trusts (REITs), and Health Care Providers & Services. The Fund invests in various industries, including commercial banks, diversified financial services, food products and diversified telecommunication services. FUND MANAGEMENT: BlackRock Advisors, LLC will serve as the investment advisor to the Fund. BlackRock Financial Management, Inc. will serve as the Sub-Advisor to the Fund.