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 early declaration of a regular monthly distribution for November. The Funds also announced a special distribution in order to meet their December 31, 2017 tax spillback requirements. Commonly referred to as a “spillback” distribution, this distribution of income from the Fund’s preceding fiscal year is required in order for the Fund to satisfy regulated investment company-related U.S. federal income tax requirements. The applicable dates and amounts are detailed below.
Early Declaration of Regular Monthly Distributions:
|November 2018 Distribution:|
|Declaration – 10/1/18||Ex-Date – 11/14/18||Record Date – 11/15/18||Payable Date – 12/3/18|
|BlackRock California Municipal 2018 Term Trust||BJZ||$0.002500|
|BlackRock New York Municipal 2018 Term Trust||BLH||$0.002500|
|BlackRock Municipal 2018 Term Trust||BPK||$0.005000|
|Declaration – 10/1/18||Ex-Date – 12/12/18||Record Date – 12/13/18||Payable Date – 12/27/18|
|BlackRock California Municipal 2018 Term Trust||BJZ||$0.336300|
|BlackRock New York Municipal 2018 Term Trust||BLH||$0.253400|
|BlackRock Municipal 2018 Term Trust||BPK||$0.285500|
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BlackRock will update performance and certain other data for the Funds on a monthly basis on its website in the “Closed-end Funds” section of www.blackrock.com as well as certain other material information as necessary from time to time. Investors and others are advised to check the website for updated performance information and the release of other material information about the Funds. This reference to BlackRock’s website is intended to allow investors public access to information regarding the Funds and does not, and is not intended to, incorporate BlackRock’s website in this release.
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Annual and Semi-Annual Reports and other regulatory filings of the Funds with the Securities and Exchange Commission (“SEC”) are accessible on the SEC's website at www.sec.gov and on BlackRock’s website at www.blackrock.com, and may discuss these or other factors that affect the Funds. The information contained on BlackRock’s website is not a part of this press release.