Special Dividend Dates and Distribution Amounts Announced for BlackRock Municipal Target Term Trust, Inc.
September 01 2006 - 7:49PM
Business Wire
The Board of Directors of the BlackRock Municipal Target Term
Trust, Inc. (BMN) announced today special dividend dates and
distribution amounts. -0- *T Early Declaration of Normal Monthly
Dividends The Trust declared normal monthly dividends for October,
November and December. Details are as follows: October: Amount -
$0.031125 Declaration - 9/01/06 Ex-Date - 10/12/06 Record Date -
10/16/06 Payable Date - 11/01/06 November: Amount - $0.031125
Declaration - 9/01/06 Ex-Date - 11/13/06 Record Date - 11/15/06
Payable Date - 12/01/06 December: Amount - $0.031125 Declaration -
9/01/06 Ex-Date - 12/13/06 Record Date - 12/15/06 Payable Date -
12/28/06 Special Income Distribution Amount - $0.130000 Declaration
- 9/01/06 Ex-Date - 12/13/06 Record Date - 12/15/06 Payable Date -
12/28/06 *T About BlackRock BlackRock is one of the largest
publicly traded investment management firms in the United States
with approximately $464.1 billion of assets under management at
June 30, 2006. BlackRock manages assets on behalf of institutional
and individual investors worldwide through a variety of equity,
fixed income, cash management and alternative investment products.
In addition, BlackRock provides risk management, investment system
outsourcing and financial advisory services to a growing number of
institutional investors. Headquartered in New York City, the firm
serves clients from offices in the U.S., Europe and Asia. BlackRock
is majority owned by The PNC Financial Services Group, Inc. and by
BlackRock employees. For additional information, please visit
BlackRock's website at www.blackrock.com. Forward-Looking
Statements This press release, and other statements that BlackRock
may make, may contain forward-looking statements within the meaning
of the Private Securities Litigation Reform Act, with respect to
BlackRock's future financial or business performance, strategies or
expectations. Forward-looking statements are typically identified
by words or phrases such as "trend," "potential," "opportunity,"
"pipeline," "believe," "comfortable," "expect," "anticipate,"
"current," "intention," "estimate," "position," "assume,"
"outlook," "continue," "remain," "maintain," "sustain," "seek,"
"achieve," and similar expressions, or future or conditional verbs
such as "will," "would," "should," "could," "may" or similar
expressions. BlackRock cautions that forward-looking statements are
subject to numerous assumptions, risks and uncertainties, which
change over time. Forward-looking statements speak only as of the
date they are made, and BlackRock assumes no duty to and does not
undertake to update forward-looking statements. Actual results
could differ materially from those anticipated in forward-looking
statements and future results could differ materially from
historical performance. In addition to factors previously disclosed
in BlackRock's SEC reports and those identified elsewhere in this
communication, the following factors, among others, could cause
actual results to differ materially from forward-looking statements
or historical performance: (1) the introduction, withdrawal,
success and timing of business initiatives and strategies; (2)
changes in political, economic or industry conditions, the interest
rate environment or financial and capital markets, which could
result in changes in demand for products or services or in the
value of assets under management; (3) the relative and absolute
investment performance of BlackRock's investment products,
including its separately managed accounts and the former Merrill
Lynch Investment Managers (MLIM) business; (4) the impact of
increased competition; (5) the impact of capital improvement
projects; (6) the impact of future acquisitions or divestitures;
(7) the unfavorable resolution of legal proceedings; (8) the extent
and timing of any share repurchases; (9) the impact, extent and
timing of technological changes and the adequacy of intellectual
property protection; (10) the impact of legislative and regulatory
actions and reforms and regulatory, supervisory or enforcement
actions of government agencies relating to BlackRock or PNC; (11)
terrorist activities and international hostilities, which may
adversely affect the general economy, domestic and global financial
and capital markets, specific industries, and BlackRock; (12) the
ability to attract and retain highly talented professionals; (13)
fluctuations in foreign currency exchange rates, which may
adversely affect the value of advisory fees earned by BlackRock;
(14) the impact of changes to tax legislation and, generally, the
tax position of BlackRock; (15) BlackRock's ability to successfully
integrate the MLIM business with its existing business; (16) the
ability of BlackRock to effectively manage the former MLIM assets
along with its historical assets under management; (17) BlackRock's
success in maintaining the distribution of its products; and (18)
the ability of BlackRock to complete the transaction with Merrill
Lynch & Co., Inc. BlackRock's Annual Reports on Form 10-K and
BlackRock's subsequent reports filed with the SEC, accessible on
the SEC's website at http://www.sec.gov and on BlackRock's website
at http://www.blackrock.com, discuss these factors in more detail
and identify additional factors that can affect forward-looking
statements. The information contained on BlackRock's website is not
a part of this press release.
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