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Black Rock Municipal 2018 Term Trust



The Fund is a newly organized, diversified, closed-end management investment company. The Fund's objective will be to provide current income exempt from Federal and/or California income taxes and return $15 per common share on or about 12/31/18. Management will invest at least 90% of its nest assets in investment grade quality municipal bonds, including bonds not rated but judged to be investment grade quality bonds by the Fund's management. The Fund may invest up to 10% of its net assets in municipal bonds that are Ba/BB or B or that are unrated but judged to be of comparable quality by the Fund's portfolio manager.
Offering TypeMutual Fund
Expected Price$15
Expected TickerBPK
Min Purchase100 shares
Expected Yield5.10% - 5.30%
Exchange ListingAmerican Stock Exchange (AMEX)
Final Price$15.00
Final Date10/25/2001
Inv AdviserBLACKROCK
 
Dividends: The funds will make monthly distributions, declaring the first dividend approximately 45 days, and paid approximately 60 to 90 days after the IPO.
 

See Important Information below.

Important Information

Review the complete preliminary offering prospectus by clicking on the "prospectus" button or you may contact Wedbush for a copy by calling 1 (877) 4EIBANK. Offers and sales can be made only pursuant to a prospectus. A registration statement relating to these securities has been filed with the Securities and Exchange Commission but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This communication shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sales of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of such jurisdiction. No offer to buy the securities can be accepted and no part of the purchase price can be received until the registration statement becomes effective, and any such offer or indication of interest may be withdrawn and revoked without obligation or commitment of any kind, at any time prior to notice of its acceptance given after the effective date. An indication of interest in response to this advertisement will involve no obligation or commitment of any kind.

Please read the prospectus carefully before you invest. It contains important information about the fund including fees, charges and expenses. If you would like a paper copy of the prospectus, please call 1-877-434-2265.


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