Early Declaration of Regular Distributions Announced for BlackRock Municipal 2020 Term Trust

Business Wire 13-Jan-2017 4:30 PM

NEW YORK--(BUSINESS WIRE)-- The Board of Trustees ofBlackRock Municipal 2020 Term Trust (NYSE:BKK, the Fund) today announced the early declaration of regular monthly distributions for February, March and April 2017. The applicable dates and amounts are detailed below.

Early Declaration of Regular Monthly Distributions:

February 2017 Distribution:
Declaration- 1/13/2017 Ex-Date- 2/13/2017 Record- 2/15/2017 Payable- 3/1/2017
March 2017 Distribution:
Declaration- 1/13/2017 Ex-Date- 3/13/2017 Record- 3/15/2017 Payable- 4/3/2017
April 2017 Distribution:
Declaration- 1/13/2017 Ex-Date- 4/11/2017 Record- 4/13/2017 Payable- 4/28/2017

Monthly Per-Share Distribution Amount:

Fund

Ticker

CUSIP

Distribution

Change From Prior Distribution

BlackRock Municipal 2020 Term Trust BKK 09249X109 $0.044800 -

About BlackRock

BlackRock is a global leader in investment management, risk management and advisory services for institutional and retail clients. At September 30, 2016, BlackRocks AUM was $5.1 trillion. BlackRock helps clients around the world meet their goals and overcome challenges with a range of products that include separate accounts, mutual funds, iShares (exchange-traded funds), and other pooled investment vehicles. BlackRock also offers risk management, advisory and enterprise investment system services to a broad base of institutional investors through BlackRock Solutions. As of September 30, 2016, the firm had approximately 13,000 employees in 30 countries and a major presence in global markets, including North and South America, Europe, Asia, Australia and the Middle East and Africa. For additional information, please visit the Companys website at www.blackrock.com | Twitter: @blackrock_news | Blog: www.blackrockblog.com | LinkedIn: www.linkedin.com/company/blackrock

Availability of Fund Updates

BlackRock will update performance and certain other data for the Fund on a monthly basis on its website in the Closed-end Funds section of http://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 Fund. This reference to BlackRocks website is intended to allow investors public access to information regarding the Fund and does not, and is not intended to, incorporate BlackRocks website in this release.

Forward-Looking Statements

This press release, and other statements that BlackRock or the Fund may make, may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act, with respect to the Fund or BlackRocks 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.

With respect to the Fund, the following factors, among others, could cause actual events to differ materially from forward-looking statements or historical performance: (1) changes and volatility in political, economic or industry conditions, the interest rate environment, foreign exchange rates or financial and capital markets, which could result in changes in demand for the Fund or in the Funds net asset value; (2) the relative and absolute investment performance of the Fund and its investments; (3) the impact of increased competition; (4) the unfavorable resolution of any legal proceedings; (5) the extent and timing of any distributions or share repurchases; (6) the impact, extent and timing of technological changes; (7) the impact of legislative and regulatory actions and reforms, including the Dodd-Frank Wall Street Reform and Consumer Protection Act, and regulatory, supervisory or enforcement actions of government agencies relating to the Fund or BlackRock, as applicable; (8) terrorist activities, international hostilities and natural disasters, which may adversely affect the general economy, domestic and local financial and capital markets, specific industries or BlackRock; (9) BlackRocks ability to attract and retain highly talented professionals; (10) the impact of BlackRock electing to provide support to its products from time to time; and (11) the impact of problems at other financial institutions or the failure or negative performance of products at other financial institutions.

Annual and Semi-Annual Reports and other regulatory filings of the Fund with the Securities and Exchange Commission (SEC) are accessible on the SEC's website at www.sec.govand on BlackRocks website at www.blackrock.com, and may discuss these or other factors that affect the Fund. The information contained on BlackRocks website is not a part of this press release.

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BlackRock Closed-End Funds 1-800-882-0052

Source: BlackRock Closed-End Funds