BFO

BlackRock Municipal 2020 Term Trust (NYSE:BKK) and BlackRock Florida Municipal 2020 Term Trust (NYSE:BFO) (each, a "Fund" and collectively, the "Funds") today announced that there will be no distributions in connection with the final wind up of the Fund's affairs and liquidation of its assets. In conjunction with the closure of the Funds, all escrow shares will be terminated. There will be no tax consequences related to the closure. About BlackRock BlackRock's purpose is to help more and more people experience financial well-being. As a fiduciary to investors and a leading provider of financial technology, we help millions of people build savings that serve them throughout their lives by

N-PX - BLACKROCK FLORIDA MUNICIPAL 2020 TERM TRUST (0001181249) (Filer)

N-CEN - BLACKROCK FLORIDA MUNICIPAL 2020 TERM TRUST (0001181249) (Filer)

3 - BLACKROCK FLORIDA MUNICIPAL 2020 TERM TRUST (0001181249) (Issuer)

NEW YORK--(BUSINESS WIRE)--BlackRock Advisors, LLC today announced details regarding the final liquidation of BlackRock Municipal 2020 Term Trust (NYSE:BKK, CUSIP: 09249X109) and BlackRock Florida Municipal 2020 Term Trust (NYSE:BFO, CUSIP: 09250M109) (each, a “Fund” and together, the “Funds”). BKK has met its investment objective of returning $15 per share (the initial public offering price per common share) to holders of common shares on or about December 31, 2020. BFO did not achieve its investment objective of returning $15.00 per common share on or about December 31, 2020. BFO’s ability to achieve its investment objective was negatively impacted by a confluence of factors, prim

NEW YORK--(BUSINESS WIRE)--BlackRock Advisors, LLC announced today that the Board of each of BlackRock Florida Municipal 2020 Term Trust (NYSE:BFO, CUSIP: 09250M109) and BlackRock Municipal 2020 Term Trust (NYSE:BKK, CUSIP: 09249X109) (each, a “Fund” and together, the “Funds”) approved the adoption of a Plan of Termination. Under each Fund's Plan of Termination, which is effective as of November 19, 2020, the Fund will begin the process of liquidating portfolio assets and unwinding its affairs. Each Fund expects to make a final liquidating distribution or transfer any remaining assets into a liquidation trust, if necessary, on or around December 23, 2020. Upon the effectiveness of

NEW YORK--(BUSINESS WIRE)--The Boards of Trustees of BlackRock Municipal 2020 Term Trust (NYSE: BKK, CUSIP: 09249X109) and BlackRock Florida Municipal 2020 Term Trust (NYSE: BFO, CUSIP: 09250M109) (together the “Funds”) today announced the declaration of a special tax-exempt income cash distribution. Investors in the Funds should consider the distribution declared today, along with the special distribution declared on October 1, 2020 that is also payable on December 22, 2020 and any subsequent distributions, as part of the final distribution of proceeds in connection with each Fund’s investment objective to return $15 per share (the initial public offering price per common share) t

NEW YORK--(BUSINESS WIRE)--Certain BlackRock closed-end funds (the “Funds”) announced distributions today as detailed below. BlackRock Science and Technology Trust (NYSE: BST), BlackRock Science and Technology Trust II (NYSE: BSTZ), and several municipal Funds announced increases to their monthly distribution rates. BlackRock Municipal 2020 Term Trust (NYSE:BKK) announced a decrease to its monthly distribution rate. Generally, these distribution changes were made in order to better align the applicable Fund’s distribution rate with its current and projected level of earnings. BlackRock Enhanced Equity Dividend Trust (NYSE: BDJ), BlackRock Municipal 2020 Term Trust (NYSE: BKK), and