Special Distribution Announced for Certain BlackRock Closed-End Funds
BLACKROCK NY MUNI 2018 TERM CO (BLH)
US:NYSE Investor Relations:
blackrock.com/investing/products/240239/blackrock-new-york-municipal-2018-term-trust-usd-fund
Company Research
Source: Business Wire
NEW YORK--(BUSINESS WIRE)-- The Boards of Trustees of BlackRock California Municipal 2018 Term Trust (NYSE:BJZ), BlackRock New York Municipal 2018 Term Trust (NYSE:BLH) and BlackRock Municipal 2018 Term Trust (NYSE:BPK) (together the “Funds”) today announced the declaration of a special tax-exempt income distribution. Investors in the Funds should consider the distribution declared today, along with the special distribution declared on October 1, 2018 that is also payable on December 27, 2018 and any subsequent distributions, as part of the final distribution of proceeds in connection with the Funds’ investment objective to return $15 per share (the initial public offering price per common share) to holders of common shares on or about December 31, 2018. BPK, BLH and BJZ’s net asset value (“NAV”) per share as of the close of business on October 31, 2018 was $15.12, $15.00 and $15.00, respect
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