0000072971-14-000374.txt : 20140326 0000072971-14-000374.hdr.sgml : 20140326 20140326140646 ACCESSION NUMBER: 0000072971-14-000374 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20140326 DATE AS OF CHANGE: 20140326 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: BlackRock Municipal Target Term Trust CENTRAL INDEX KEY: 0001528437 IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 0430 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-87231 FILM NUMBER: 14718280 BUSINESS ADDRESS: STREET 1: 55 EAST 52ND STREET CITY: NEW YORK STATE: NY ZIP: 10055 BUSINESS PHONE: (800) 882-0052 MAIL ADDRESS: STREET 1: 55 EAST 52ND STREET CITY: NEW YORK STATE: NY ZIP: 10055 FORMER COMPANY: FORMER CONFORMED NAME: BlackRock Municipal 2027 Term Trust DATE OF NAME CHANGE: 20110823 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: WELLS FARGO & COMPANY/MN CENTRAL INDEX KEY: 0000072971 STANDARD INDUSTRIAL CLASSIFICATION: NATIONAL COMMERCIAL BANKS [6021] IRS NUMBER: 410449260 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 420 MONTGOMERY STREET CITY: SAN FRANCISCO STATE: CA ZIP: 94163 BUSINESS PHONE: 6126671234 MAIL ADDRESS: STREET 1: 420 MONTGOMERY STREET CITY: SAN FRANCISCO STATE: CA ZIP: 94163 FORMER COMPANY: FORMER CONFORMED NAME: WELLS FARGO & CO/MN DATE OF NAME CHANGE: 19981103 FORMER COMPANY: FORMER CONFORMED NAME: NORWEST CORP DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: NORTHWEST BANCORPORATION DATE OF NAME CHANGE: 19830516 SC 13G/A 1 wf_blackrockm-09257p204.htm







UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

Under the Securities Exchange Act of 1934
(Amendment No. 1)

BLACKROCK MUNICIPAL TARGET TERM TRUST

(Name of Issuer)

Remarketable Variable Rate Muni Term Preferred

(Title of Class of Securities)

09257P204

(CUSIP Number)

December 31, 2013

(Date of Event Which Requires Filing of this Statement)
 

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

[X]Rule 13d-1(b)
[]Rule 13d-1(c)
[]Rule 13d-1(d)

The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed to be 'filed' for the purpose of Section 18 of the Securities Exchange Act of 1934 ('Act') or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 
CUSIP No. 09257P204

Person 1
 1.(a) Names of Reporting Persons.
Wells Fargo & Company
 (b) Tax ID
41-0449260

 2.Check the Appropriate Box if a Member of a Group (See Instructions)
  (a)  []
  (b)  []

 3.SEC Use Only . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

 4.Citizenship or Place of Organization   Delaware

Number of
Shares
Beneficially
Owned by
Each Reporting
Person With
5. Sole Voting Power 0

6.  Shared Voting Power 150

7. Sole Dispositive Power 150

8. Shared Dispositive Power 0


9.Aggregate Amount Beneficially Owned by Each Reporting Person 150


10.Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)


11. Percent of Class Represented by Amount in Row (9)  100 %


12. Type of Reporting Person (See Instructions)

HC

Item 1.
 (a)Name of Issuer
BLACKROCK MUNICIPAL TARGET TERM TRUST
 (b)Address of Issuer's Principal Executive Offices
  55 EAST 52ND STREET, NEW YORK, NY 10055
Item 2.
 (a)Name of Person Filing
Wells Fargo & Company
 (b)Address of Principal Business Office or, if none, Residence
420 Montgomery Street, San Francisco, CA 94104
 (c)Citizenship
Delaware
 (d)Title of Class of Securities
Remarketable Variable Rate Muni Term Preferred
 (e)CUSIP Number
09257P204
 
Item 3.If this statement is filed pursuant to 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a) [ ] Broker or dealer registered under section 15 of the Act (15 U.S.C. 78c)
(b) [ ] Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).
(c) [ ] Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c).
(d) [ ] Investment company registered under section 8 of the Investment Company Act of 1940
(15 U.S.C 80a-8).
(e) [ ] An investment adviser in accordance with 240.13d-1(b)(1)(ii)(E);
(f) [ ] An employee benefit plan or endowment fund in accordance with 240.13d-1(b)(1)(ii)(F);
(g) [X ] A parent holding company or control person in accordance with 240.13d-1(b)(1)(ii)(G);
(h) [ ] A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act
(12 U.S.C. 1813);
(i) [ ] A church plan that is excluded from the definition of an investment company under section
3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j) [ ] A non-U.S.institution in accordance with 240.13d-1(b)(1)(ii)(J);
(k) [ ] Group, in accordance with 240.13d-1(b)(1)(ii)(K).
If filing as a non-U.S.institution in accordance with 240.13d-1(b)(1)(ii)(J), please specify the type of institution: ______________
 
Item 4.Ownership.
Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.
  (a) Amount beneficially owned:  150
 (b) Percent of class:  100%
 (c)Number of shares as to which the person has:
  (i) Sole power to vote or to direct the vote 0
  (ii) Shared power to vote or to direct the vote  150
   (iii) Sole power to dispose or to direct the disposition of 150
   (iv) Shared power to dispose or to direct the disposition of 0
 

Person 2
 1.(a) Names of Reporting Persons.
Wells Fargo Bank, National Association
 (b) Tax ID
94-1347393

 2.Check the Appropriate Box if a Member of a Group (See Instructions)
  (a)  []
  (b)  []

 3.SEC Use Only . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

 4.Citizenship or Place of Organization   United States

Number of
Shares
Beneficially
Owned by
Each Reporting
Person With
5. Sole Voting Power 0

6.  Shared Voting Power 150

7. Sole Dispositive Power 150

8. Shared Dispositive Power 0


9.Aggregate Amount Beneficially Owned by Each Reporting Person 150


10.Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)


11. Percent of Class Represented by Amount in Row (9)  100 %


12. Type of Reporting Person (See Instructions)

BK

Item 1.
 (a)Name of Issuer
BLACKROCK MUNICIPAL TARGET TERM TRUST
 (b)Address of Issuer's Principal Executive Offices
  55 EAST 52ND STREET, NEW YORK, NY 10055
Item 2.
 (a)Name of Person Filing
Wells Fargo Bank, National Association
 (b)Address of Principal Business Office or, if none, Residence
101 North Phillips Avenue, Sioux Falls, SD 57104
 (c)Citizenship
United States
 (d)Title of Class of Securities
Remarketable Variable Rate Muni Term Preferred
 (e)CUSIP Number
09257P204
 
Item 3.If this statement is filed pursuant to 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a) [ ] Broker or dealer registered under section 15 of the Act (15 U.S.C. 78c)
(b) [X ] Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).
(c) [ ] Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c).
(d) [ ] Investment company registered under section 8 of the Investment Company Act of 1940
(15 U.S.C 80a-8).
(e) [ ] An investment adviser in accordance with 240.13d-1(b)(1)(ii)(E);
(f) [ ] An employee benefit plan or endowment fund in accordance with 240.13d-1(b)(1)(ii)(F);
(g) [ ] A parent holding company or control person in accordance with 240.13d-1(b)(1)(ii)(G);
(h) [ ] A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act
(12 U.S.C. 1813);
(i) [ ] A church plan that is excluded from the definition of an investment company under section
3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j) [ ] A non-U.S.institution in accordance with 240.13d-1(b)(1)(ii)(J);
(k) [ ] Group, in accordance with 240.13d-1(b)(1)(ii)(K).
If filing as a non-U.S.institution in accordance with 240.13d-1(b)(1)(ii)(J), please specify the type of institution: ______________
 
Item 4.Ownership.
Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.
  (a) Amount beneficially owned:  150
 (b) Percent of class:  100%
 (c)Number of shares as to which the person has:
  (i) Sole power to vote or to direct the vote 0
  (ii) Shared power to vote or to direct the vote  150
   (iii) Sole power to dispose or to direct the disposition of 150
   (iv) Shared power to dispose or to direct the disposition of 0
 
 
Item 5.Ownership of Five Percent or Less of a Class
If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following.[ ].
 
Item 6.Ownership of More than Five Percent on Behalf of Another Person.
Not applicable
Item 7.Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company or Control Person.
See Exhibit B
Item 8. Identification and Classification of Members of the Group
Not applicable.
Item 9.Notice of Dissolution of Group
Not applicable.
Item 10.Certification
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

March 26, 2014
Date
/s/ Jane E. Washington
Signature
Jane E. Washington, Vice President Trust Operations
Name/Title
Exhibit A
EXPLANATORY NOTE

This Schedule 13G is filed by Wells Fargo & Company on its own behalf and on behalf of any subsidiaries listed in Exhibit B. Aggregate beneficial ownership reported by Wells Fargo & Company under Item 9 on page 2 is on a consolidated basis and includes any beneficial ownership separately reported herein by a subsidiary.
Exhibit B
The Schedule 13G to which this attachment is appended is filed by Wells Fargo & Company on behalf of the following subsidiaries:

Wells Fargo Bank, National Association (1)

(1) Classified as a bank in accordance with Regulation 13d-1(b)(1)(ii)(B).
Exhibit C
On January 10, 2013 Wells Fargo assigned certain preferred class voting rights on all 50 shares of VMTP acquired by Wells Fargo on such date to a voting trust (the "Voting Trust") created pursuant to the Voting Trust Agreement, dated January 10, 2013 among Wells Fargo, Lord Securities Corporation, as trustee (the "Voting Trustee") and Institutional Shareholder Services Inc. (the "Voting Consultant"). Voting and consent rights on the VMTP not assigned to the Voting Trust have been retained by Wells Fargo. The Voting Trust provides that with respect to voting or consent matters relating to the voting rights assigned to the Voting Trust, the Voting Consultant analyzes such voting or consent matters and makes a recommendation to the Voting Trustee on voting or consenting. The Voting Trustee is obligated to follow any such recommendations of the Voting Consultant when providing a vote or consent. The 50 shares of VMTP acquired by Wells Fargo on January 30, 2013 are subject to the foregoing voting arrangement.

 

 

Attention:Intentional misstatements or omissions of fact constitute Federal criminal violations
(See 18 U.S.C. 1001)