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UNITEDSTATES
SECURITIESANDEXCHANGECOMMISSION
Washington,D.C.20549

FORM N-Q

QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED
MANAGEMENT INVESTMENT COMPANY

Investment Company Act file number 811-21506

Name of Fund: BlackRock Enhanced Capital and Income Fund, Inc. (CII)

Fund Address: 100 Bellevue Parkway, Wilmington, DE 19809

Name and address of agent for service: Anne F. Ackerley, Chief Executive Officer, BlackRock
Enhanced Capital and Income Fund, Inc., 55 East 52nd Street, New York, NY 10055.

Registrant’s telephone number, including area code: (800) 882-0052, Option 4

Date of fiscal year end: 10/31/2010

Date of reporting period: 01/31/2010

Item 1 – Schedule of Investments


Schedule of Investments January 31, 2010 (Unaudited)

BlackRock Enhanced Capital and Income Fund, Inc. (CII)
(Percentages shown are based on Net Assets)

Common Stocks   Shares  Value 
Aerospace & Defense — 5.7%     
Honeywell International, Inc.  333,600  $ 12,890,304 
Northrop Grumman Corp.  203,200  11,501,120 
Raytheon Co.  210,200  11,020,786 
    35,412,210 
Capital Markets — 4.9%     
The Bank of New York Mellon Corp.  344,300  10,015,687 
Invesco Ltd.  582,400  11,240,320 
Morgan Stanley  353,613  9,469,756 
    30,725,763 
Chemicals — 1.9%     
E.I. du Pont de Nemours & Co.  353,100  11,514,591 
Commercial Banks — 1.4%     
Wells Fargo & Co.  316,600  9,000,938 
Communications Equipment — 1.1%     
Nokia Oyj - ADR  503,900  6,898,391 
Computers & Peripherals — 3.9%     
Hewlett-Packard Co.  250,992  11,814,193 
International Business Machines     
Corp.  101,253  12,392,355 
    24,206,548 
Diversified Financial Services — 5.1%     
Bank of America Corp.  424,000  6,436,320 
Citigroup, Inc.  1,835,400  6,093,528 
JPMorgan Chase & Co.  500,439  19,487,095 
    32,016,943 
Diversified Telecommunication Services — 6.7%   
AT&T, Inc.  476,700  12,089,112 
Qwest Communications     
International, Inc.  3,531,401  14,867,198 
Verizon Communications, Inc.  509,300  14,983,606 
    41,939,916 
Electric Utilities — 2.7%     
FPL Group, Inc.  151,144  7,369,781 
The Southern Co.  293,300  9,385,600 
    16,755,381 
Electrical Equipment — 1.0%     
Emerson Electric Co.  155,900  6,476,086 
Energy Equipment & Services — 2.0%     
Halliburton Co.  434,089  12,679,740 
Food & Staples Retailing — 1.3%     
Walgreen Co.  221,000  7,967,050 
Food Products — 7.2%     
General Mills, Inc.  200,171  14,274,194 
Kraft Foods, Inc.  594,200  16,435,572 
Unilever NV - ADR  468,932  14,339,941 
    45,049,707 
Household Products — 3.6%     
Clorox Co.  103,100  6,100,427 

Common Stocks  Shares             Value 
Household Products (concluded)     
Kimberly-Clark Corp.  274,800  $ 16,320,372 
    22,420,799 
Insurance — 7.1%     
ACE Ltd.  202,000  9,952,540 
MetLife, Inc.  275,225  9,720,947 
The Travelers Cos., Inc.  484,530  24,551,135 
    44,224,622 
Machinery — 1.9%     
Deere & Co.  232,700  11,623,365 
Media — 3.3%     
Comcast Corp. Special, Class A  391,000  5,919,740 
Time Warner, Inc.  538,272  14,775,566 
    20,695,306 
Metals & Mining — 1.5%     
Nucor Corp.  232,300  9,477,840 
Multi-Utilities — 1.1%     
Dominion Resources, Inc.  181,700  6,806,482 
Oil, Gas & Consumable Fuels — 7.3%     
Anadarko Petroleum Corp.  83,700  5,338,386 
Chevron Corp.  256,400  18,491,568 
Exxon Mobil Corp.  247,100  15,920,653 
Peabody Energy Corp.  129,500  5,454,540 
    45,205,147 
Pharmaceuticals — 12.0%     
Bristol-Myers Squibb Co.  812,600  19,794,936 
Eli Lilly & Co.  362,500  12,760,000 
Johnson & Johnson  151,400  9,517,004 
Merck & Co., Inc.  426,800  16,295,224 
Pfizer, Inc.  861,500  16,075,590 
    74,442,754 
Semiconductors & Semiconductor Equipment — 10.4%   
Analog Devices, Inc.  490,900  13,234,664 
Intel Corp.  501,078  9,720,913 
LSI Corp. (a)  3,494,200  17,436,058 
Maxim Integrated Products, Inc.  794,500  13,887,860 
Micron Technology, Inc. (a)  1,170,500  10,206,760 
    64,486,255 
Software — 0.9%     
Microsoft Corp.  189,514  5,340,504 
Specialty Retail — 2.6%     
Home Depot, Inc.  238,000  6,666,380 
Limited Brands, Inc.  488,500  9,291,270 
    15,957,650 
Total Common Stocks – 96.6%    601,323,988 

Portfolio Abbreviation
To simplify the listings of portfolio holdings in the Schedules of Investments, the name and description of the securities have been abbreviated according to
the following list:

ADR     American Depositary Receipts

BlackRock Enhanced Capital and Income Fund, Inc. January 31, 2010 1


Schedule of Investments (continued)

BlackRock Enhanced Capital and Income Fund, Inc. (CII)
(Percentages shown are based on Net Assets)

Preferred Securities  Shares  Value 
Preferred Stocks     
Diversified Financial Services — 0.3%     
Bank of America Corp., 10.00% (b)  108,000 $  1,630,800 
Total Preferred Securities – 0.3%    1,630,800 
Total Long-Term Investments     
(Cost – $670,148,903)  – 96.9%                                       602,954,788
Short-Term Securities     
BlackRock Liquidity Funds,     
   TempFund, Institutional Class,     
   0.10% (c)(d)  18,267,129  18,267,129 
Total Short-Term Securities     
(Cost – $18,267,129) – 2.9%    18,267,129 
Total Investments Before Options Written   
(Cost – $688,416,032*) – 99.8%    621,221,917 
Options Written  Contracts   
Exchange-Traded Call Options Written — (0.4)%   
ACE Ltd., Strike Price $50, Expires     
   2/20/10  610  (51,850) 
ACE Ltd., Strike Price $55, Expires     
   2/20/10  100  (1,000) 
AT&T Inc., Strike Price $28, Expires     
   2/20/10  380  (1,140) 
Analog Devices, Inc., Strike Price     
   $32.50, Expires 2/20/10  97  (485) 
Bank of America Corp., Strike Price     
   $16, Expires 2/20/10  650  (13,325) 
Bank of America Corp., Strike Price     
   $17, Expires 2/20/10  500  (2,750) 
Bank of America Corp., Strike Price     
   $16, Expires 3/20/10  500  (24,500) 
Bank of America Corp., Strike Price     
   $17, Expires 3/20/10  350  (7,700) 
The Bank of New York Mellon Corp.,     
   Strike Price $28, Expires 2/20/10  1,450  (221,125) 
The Bank of New York Mellon Corp.,     
   Strike Price $31, Expires 3/20/10  175  (9,625) 
Bristol-Myers Squibb Co. , Strike Price     
   $26, Expires 2/20/10  1,390  (9,035) 
Bristol-Myers Squibb Co. , Strike Price     
   $26, Expires 3/20/10  260  (7,670) 
Citigroup, Inc., Strike Price $4,     
   Expires 3/20/10  2,500  (8,750) 
Comcast Corp., Special, Class A,     
   Strike Price $16, Expires 3/20/10  1,250  (50,000) 
Comcast Corp., Special, Class A,     
   Strike Price $17, Expires 4/17/10  100  (2,250) 

Options Written  Contracts  Value 
Exchange-Traded Call Options Written (continued)   
Dominion Resources, Inc., Strike     
   Price $40, Expires 2/20/10  1,210  $ (6,050) 
Eli Lilly & Co., Strike Price $37,     
   Expires 2/20/10  795  (11,925) 
Eli Lilly & Co., Strike Price $37,     
   Expires 3/20/10  150  (6,375) 
Emerson Electric Co., Strike Price     
   $43, Expires 2/20/10  345  (13,800) 
Emerson Electric Co., Strike Price     
   $45, Expires 2/20/10  19  (190) 
Emerson Electric Co., Strike Price     
   $44, Expires 3/20/10  50  (2,500) 
Emerson Electric Co., Strike Price     
   $45, Expires 3/20/10  100  (3,000) 
General Mills, Inc., Strike Price $70,     
   Expires 2/20/10  770  (148,225) 
General Mills, Inc., Strike Price     
   $72.50, Expires 3/20/10  730  (94,900) 
Halliburton Co., Strike Price $36,     
   Expires 3/20/10  1,300  (12,350) 
Home Depot, Inc., Strike Price $30,     
   Expires 2/20/10  1,750  (10,500) 
Honeywell International, Inc. , Strike     
   Price $42, Expires 2/20/10  200  (1,500) 
Honeywell International, Inc., Strike     
   Price $43, Expires 3/20/10  650  (13,000) 
Intel Corp., Strike Price $21, Expires     
   2/20/10  1,375  (12,375) 
International Business Machines     
   Corp., Strike Price $130, Expires     
   2/20/10  510  (14,280) 
International Business Machines     
   Corp., Strike Price $135, Expires     
   3/20/10  50  (1,925) 
Invesco Ltd., Strike Price $25,     
   Expires 2/20/10  300  (3,000) 
Invesco Ltd., Strike Price $22.50,     
   Expires 4/17/10  295  (9,587) 
JPMorgan Chase & Co., Strike Price     
   $43, Expires 2/20/10  875  (14,875) 
JPMorgan Chase & Co., Strike Price     
   $44, Expires 3/20/10  630  (26,460) 
JPMorgan Chase & Co., Strike Price     
   $45, Expires 3/20/10  250  (7,250) 
Johnson & Johnson, Strike Price     
   $65, Expires 2/20/10  235  (4,817) 
Kraft Foods, Inc., Strike Price $28,     
   Expires 2/20/10  1,680  (92,400) 
Kraft Foods, Inc., Strike Price $27,     
   Expires 3/20/10  1,770  (247,800) 
Kraft Foods, Inc., Strike Price $28,     
   Expires 3/20/10  1,000  (85,000) 
Limited Brands, Inc., Strike Price     
   $20, Expires 3/20/10  287  (18,655) 
Maxim Integrated Products, Inc.,     
   Strike Price $17.50, Expires     
   3/20/10  400  (30,000) 
Merck & Co., Inc., Strike Price $38,     
   Expires 2/20/10  385  (47,355) 

2 BlackRock Enhanced Capital and Income Fund, Inc. January 31, 2010


Schedule of Investments (continued)

BlackRock Enhanced Capital and Income Fund, Inc. (CII)
(Percentages shown are based on Net Assets)

Options Written  Contracts  Value 
Exchange-Traded Call Options Written (concluded)   
Merck & Co., Inc., Strike Price $40,     
   Expires 2/20/10  35  $ (1,488) 
Merck & Co., Inc., Strike Price $41,     
   Expires 2/20/10  1,950  (43,875) 
MetLife, Inc., Strike Price $39,     
   Expires 3/20/10  830  (53,950) 
Micron Technology, Inc., Strike Price     
   $10, Expires 2/20/10  600  (4,500) 
Micron Technology, Inc., Strike Price     
   $11, Expires 2/20/10  600  (3,000) 
Micron Technology, Inc., Strike Price     
   $11, Expires 3/20/10  3,000  (22,500) 
Microsoft Corp., Strike Price $31,     
   Expires 2/20/10  390  (3,315) 
Microsoft Corp., Strike Price $32,     
   Expires 2/20/10  100  (350) 
Morgan Stanley, Strike Price $31,     
   Expires 2/20/10  1,250  (8,125) 
Nokia Oyj – ADR, Strike Price $13,     
   Expires 2/20/10  1,000  (85,000) 
Nokia Oyj – ADR, Strike Price $14,     
   Expires 2/20/10  750  (19,875) 
Nucor Corp., Strike Price $45,     
   Expires 2/20/10  150  (3,375) 
Nucor Corp., Strike Price $48,     
   Expires 2/20/10  665  (6,650) 
Peabody Energy Corp., Strike Price     
   $50, Expires 2/20/10  450  (6,750) 
Pfizer, Inc., Strike Price $19, Expires     
   3/20/10  2,555  (136,693) 
Pfizer, Inc., Strike Price $20, Expires     
   3/20/10  1,350  (31,725) 
Raytheon Co., Strike Price $55,     
   Expires 2/20/10  300  (4,500) 
Time Warner, Inc., Strike Price $30,     
   Expires 2/20/10  1,350  (23,625) 
Time Warner, Inc., Strike Price $31,     
   Expires 2/20/10  1,350  (10,125) 
Time Warner, Inc., Strike Price $30,     
   Expires 3/20/10  250  (11,875) 
The Travelers Cos., Inc., Strike Price     
   $50, Expires 2/20/10  725  (101,500) 
The Travelers Cos., Inc., Strike Price     
   $50, Expires 3/20/10  1,000  (197,500) 
Verizon Communications, Inc., Strike     
   Price $34, Expires 2/20/10  1,600  (2,400) 
Verizon Communications, Inc., Strike     
   Price $30, Expires 3/20/10  1,200  (81,600) 
Walgreen Co., Strike Price $38,     
   Expires 2/20/10  700  (8,750) 
Walgreen Co., Strike Price $37,     
   Expires 3/20/10  100  (7,000) 
Wells Fargo & Co., Strike Price $28,     
   Expires 2/20/10  350  (48,650) 
Wells Fargo & Co., Strike Price $29,     
   Expires 3/20/10  1,400  (188,300) 
    (2,468,295) 

Options Written  Contracts  Value 
Over-the-Counter Call Options Written — (0.3)%   
AT&T, Inc., Strike Price $27.85,     
   Expires 2/03/10, Broker Credit     
   Suisse International  1,960  $ (10) 
AT&T, Inc. , Strike Price $27.55,     
   Expires 3/05/10, Broker Morgan     
   Stanley Capital Services, Inc.  270  (2,024) 
Analog Devices, Inc., Strike Price     
   $28.06, Expires 3/01/10, Broker     
   Morgan Stanley Capital Services,     
   Inc.  1,620  (152,118) 
Anadarko Petroleum Corp., Strike     
   Price $67.47, Expires 3/26/10,     
   Broker Credit Suisse International  460  (98,976) 
Bristol-Myers Squibb Co., Strike Price     
   $26.28, Expires 2/04/10, Broker     
   Citibank NA  1,075  (29) 
Bristol-Myers Squibb Co., Strike Price     
   $26.01, Expires 2/25/10, Broker     
   Morgan Stanley Capital Services,     
   Inc.  1,745  (11,636) 
Chevron Corp., Strike Price $78.13,     
   Expires 2/08/10, Broker     
   Citibank NA  750  (1,162) 
Chevron Corp., Strike Price $79.25,     
   Expires 2/18/10, Broker Deutsche     
   Bank AG  1,170  (6,499) 
Citigroup, Inc., Strike Price $3.65,     
   Expires 2/05/10, Broker Credit     
   Suisse International  5,500  (4,263) 
Clorox Co., Strike Price $62.53,     
   Expires 2/04/10, Broker Morgan     
   Stanley Capital Services, Inc.  370  (465) 
Clorox Co., Strike Price $62.27,     
   Expires 3/26/10, Broker Morgan     
   Stanley Capital Services, Inc.  400  (20,915) 
Deere & Co., Strike Price $56.06,     
   Expires 2/26/10, Broker Credit     
   Suisse International  1,430  (87,330) 
Deere & Co., Strike Price $56,     
   Expires 3/08/10, Broker UBS AG  320  (22,630) 
E.I. Du Pont De Nemours & Co. ,     
   Strike Price $33, Expires 2/16/10,     
   Broker UBS AG  2,650  (163,208) 
Eli Lilly & Co., Strike Price $37.97,     
   Expires 3/05/10, Broker UBS AG  1,050  (15,923) 
Exxon Mobil Corp., Strike Price     
   $69.71, Expires 3/05/10, Broker     
   Deutsche Bank AG  1,850  (47,712) 
FPL Group, Inc., Strike Price $51.21,     
   Expires 2/18/10, Broker UBS AG  920  (10,885) 
FPL Group, Inc., Strike Price $53.82,     
   Expires 2/26/10, Broker Morgan     
   Stanley Capital Services, Inc.  214  (2,795) 
Halliburton Co., Strike Price $30.93,     
   Expires 2/26/10, Broker Morgan     
   Stanley Capital Services, Inc.  1,100  (61,290) 
Hewlett-Packard Co., Strike Price     
   $52, Expires 2/19/10, Broker     
   Jeffries & Co.  290  (4,906) 

BlackRock Enhanced Capital and Income Fund, Inc. January 31, 2010 3


Schedule of Investments (continued)

BlackRock Enhanced Capital and Income Fund, Inc. (CII)
(Percentages shown are based on Net Assets)

Options Written  Contracts  Value 
Over-the-Counter Call Options Written     
(continued)     
Hewlett-Packard Co., Strike Price     
   $52.75, Expires 3/19/10, Broker     
   Jeffries & Co.  460  $ (20,833) 
Honeywell International, Inc., Strike     
   Price $39.59, Expires 2/19/10,     
   Broker Morgan Stanley Capital     
   Services, Inc.  1,000  (47,184) 
Intel Corp., Strike Price $21.05,     
   Expires 3/26/10, Broker Goldman     
   Sachs Bank USA  1,390  (40,359) 
Invesco Ltd., Strike Price $23.44,     
   Expires 2/11/10, Broker Morgan     
   Stanley Capital Services, Inc.  1,440  (86) 
Johnson & Johnson, Strike Price     
   $65, Expires 2/16/10, Broker     
   Deustche Bank AG  310  (6,355) 
Johnson & Johnson, Strike Price     
   $65.44, Expires 2/26/10, Broker     
   UBS AG  589  (11,196) 
Kimberly-Clark Corp., Strike Price     
   $60.50, Expires 3/12/10, Broker     
   Citibank NA  430  (35,439) 
Kimberly-Clark Corp., Strike Price     
   $63.29, Expires 3/26/10, Broker     
   Credit Suisse International  950  (28,805) 
LSI Corp., Strike Price $6.12, Expires     
   2/05/10, Broker Morgan Stanley     
   Capital Services, Inc.  9,600  (10) 
LSI Corp., Strike Price $5.91, Expires     
   3/05/10, Broker Morgan Stanley     
   Capital Services, Inc.  2,500  (7,665) 
Limited Brands Inc., Strike Price     
   $20.29, Expires 3/04/10, Broker     
   JPMorgan Chase Bank NA  2,435  (82,878) 
Maxim Integrated Products, Inc.,     
   Strike Price $20.25, Expires     
   2/12/10, Broker Jeffries & Co.  375  (357) 
Maxim Integrated Products, Inc.,     
   Strike Price $20.65, Expires     
   2/26/10, Broker Morgan Stanley     
   Capital Services, Inc.  355  (1,338) 
Maxim Integrated Products, Inc.,     
   Strike Price $20.91, Expires     
   2/26/10, Broker Morgan Stanley     
   Capital Services, Inc.  1,240  (3,502) 
Maxim Integrated Products, Inc.,     
   Strike Price $20.29, Expires     
   3/12/10, Broker Morgan Stanley     
   Capital Services, Inc.  2,000  (24,382) 
Microsoft Corp., Strike Price $31.26,     
   Expires 3/08/10, Broker Goldman     
   Sachs Bank USA  940  (15,692) 

Options Written  Contracts  Value 
Over-the-Counter Call Options Written     
(concluded)     
Northrop Grumman Corp., Strike     
   Price $56.13, Expires 2/26/10,     
   Broker Credit Suisse International  157 $  (26,534) 
Northrop Grumman Corp., Strike     
   Price $57.37, Expires 2/26/10,     
   Broker Morgan Stanley Capital     
   Services, Inc.  1,367  (153,047) 
Pfizer, Inc., Strike Price $18.50,     
   Expires 2/19/10, Broker UBS AG  2,555  (138,803) 
Qwest Communications     
   International, Inc., Strike Price     
   $4.60, Expires 2/25/10, Broker     
   Credit Suisse International  6,760  (104,516) 
Qwest Communications     
   International, Inc., Strike Price     
   $4.72, Expires 3/09/10, Broker     
   UBS AG  6,330  (111,756) 
Qwest Communications     
   International, Inc., Strike Price     
   $4.72, Expires 3/16/10, Broker     
   UBS AG  6,330  (128,721) 
Raytheon Co., Strike Price $53.44,     
   Expires 2/04/10, Broker Morgan     
   Stanley Capital Services, Inc.  475  (6,641) 
Raytheon Co., Strike Price $53.89,     
   Expires 3/11/10, Broker Morgan     
   Stanley Capital Services, Inc.  800  (60,198) 
The Southern Co., Strike Price     
   $33.78, Expires 2/26/10, Broker     
   Goldman Sachs Bank USA  1,925  (30,138) 
The Southern Co., Strike Price     
   $33.94, Expires 3/05/10, Broker     
   Citibank NA  275  (1,179) 
Unilever NV - ADR, Strike Price     
   $32.82, Expires 2/11/10, Broker     
   Morgan Stanley Capital Services,     
   Inc.  1,090  (20,383) 
    (1,822,773) 
Total Options Written     
(Premiums Received – $9,771,311) – (0.7)%  (4,291,068) 
Total Investments, Net of Options Written – 99.1%  616,930,849 
Other Assets Less Liabilities – 0.9%    5,308,724 
Net Assets – 100.0%  $ 622,239,573 
* The cost and unrealized appreciation (depreciation) of investments as of 
January 31, 2010, as computed for federal income tax purposes, were as 
     follows:     
     Aggregate cost  $ 713,932,535 
     Gross unrealized appreciation  $ 2,733,317 
     Gross unrealized depreciation    (95,443,935) 
     Net unrealized depreciation  $ (92,710,618) 
(a) Non-income producing security.     
(b) Convertible security.     

4 BlackRock Enhanced Capital and Income Fund, Inc. January 31, 2010


Schedule of Investments (concluded) BlackRock Enhanced Capital and Income Fund, Inc. (CII)

(c) Investments in companies considered to be an affiliate of the Fund, for 
     purposes of Section 2(a)(3) of the Investment Company Act of 1940, 
     were as follows:     
  Net   
     Affiliate  Activity  Income 
     BlackRock Liquidity Funds,     
     TempFund, Institutional Class  $ (6,300,326)$  7,949 
(d) Represents the current yield as of report date.   
• For Fund compliance purposes, the Fund’s industry classifications refer 
     to any one or more of the industry sub-classifications used by one or 
     more widely recognized market indexes or ratings group indexes, 
     and/or as defined by Fund management. This definition may not apply 
     for purposes of this report, which may combine industry sub- 
     classifications for reporting ease.     
• Fair Value Measurements — Various inputs are used in determining the 
     fair value of investments, which are as follows:   
     • Level 1 — price quotations in active markets/exchanges for identical 
         assets and liabilities     
     • Level 2 — other observable inputs (including, but not limited to: quoted 
         prices for similar assets or liabilities in markets that are active, quoted 
         prices for identical or similar assets or liabilities in markets that are not 
         active, inputs other than quoted prices that are observable for the assets 
         or liabilities (such as interest rates, yield curves, volatilities, prepayment 
         speeds, loss severities, credit risks and default rates) or other market- 
         corroborated inputs)     
     • Level 3 — unobservable inputs based on the best information available in 
    the circumstances, to the extent observable inputs are not available 
         (including the Fund’s own assumptions used in determining the fair value 
         of investments)     
     The inputs or methodologies used for valuing securities are not 
     necessarily an indication of the risk associated with investing in those 
     securities. For information about the Fund’s policy regarding valuation of 
     investments and other significant accounting policies, please refer to the 
     Fund’s most recent financial statements as contained in its annual 
     report.     
     The following table summarizes the inputs used as of January 31, 2010 
     in determining the fair valuation of the Fund’s investments: 
  Investments in 
     Valuation Inputs    Securities 
    Assets 
     Level 1     
     Long-Term Investments1  $ 601,323,988 
     Short-Term Securities    18,267,129 
     Total Level 1    619,591,117 
     Level 2     
Long-Term Investments     
Preferred Stocks    1,630,800 
     Level 3    - 
     Total  $ 621,221,917 
       1See above Schedule of Investments for values in each security type 
         excluding the security types in Level 2 within the table.   

  Other Financial 
  Instruments2 
Valuation Inputs  Liabilities 
Level 1  $ (2,468,295) 
Level 2  (1,822,773) 
Level 3  - 
Total  $ (4,291,068) 
2 Other financial instruments are options, which are shown at market 
   value.   

BlackRock Enhanced Capital and Income Fund, Inc. January 31, 2010 5


Item 2 – Controls and Procedures

2(a) – The registrant's principal executive and principal financial officers or persons performing similar
functions have concluded that the registrant's disclosure controls and procedures (as defined in Rule
30a-3(c) under the Investment Company Act of 1940, as amended (the “1940 Act”)) are effective as
of a date within 90 days of the filing of this report based on the evaluation of these controls and
procedures required by Rule 30a-3(b) under the 1940 Act and Rule 13(a)-15(b) under the Securities
Exchange Act of 1934, as amended.

2(b) – There were no changes in the registrant's internal control over financial reporting (as defined in Rule
30a-3(d) under the 1940 Act) that occurred during the registrant's last fiscal quarter that have
materially affected, or are reasonably likely to materially affect, the registrant's internal control over
financial reporting.

Item 3 – Exhibits

Certifications – Attached hereto

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company
Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned,
thereunto duly authorized.

BlackRock Enhanced Capital and Income Fund, Inc.

By: /s/ Anne F. Ackerley
Anne F. Ackerley
Chief Executive Officer of
BlackRock Enhanced Capital and Income Fund, Inc.

Date: March 19, 2010

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company
Act of 1940, this report has been signed below by the following persons on behalf of the registrant
and in the capacities and on the dates indicated.

By: /s/ Anne F. Ackerley
Anne F. Ackerley
Chief Executive Officer (principal executive officer) of
BlackRock Enhanced Capital and Income Fund, Inc.

Date: March 19, 2010

By: /s/ Neal J. Andrews
Neal J. Andrews
Chief Financial Officer (principal financial officer) of
BlackRock Enhanced Capital and Income Fund, Inc.

Date: March 19, 2010