BLACKROCK CORE BOND TRUST — Director's Dealing 2014

Nov 17, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BLACKROCK CORE BOND TRUST (BHK)
CIK: 0001160864
Period of Report: 2014-11-10

Reporting Person: FELDSTEIN KATHLEEN F (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-11-10	Common Stock	J	78.4143	—	Acquired	179.8173	Direct

Footnotes

F1: Effective as of November 10, 2014, BlackRock Income Opportunity Trust, Inc. (the "Target Fund") was reorganized into BlackRock Core Bond Trust (the "Acquiring Fund," and such reorganization, the "Reorganization"). In the Reorganization, common shareholders of the Target Fund received common shares of the Acquiring Fund having a value equal to the aggregate NAV of the Target Fund common shares surrendered as determined at the close of business on November 7, 2014, less the costs of the Reorganization. As of November 7, 2014, the Target Fund reported a NAV per share of $11.6062 and the Acquiring Fund reported a NAV per share of $14.8701. The conversion ratio for the Target Fund's common shares was 0.78050585. In the Reorganization, Ms. Feldstein received 78.4143 common shares of the Acquiring Fund in exchange for her 100.466 common shares of the Target Fund.