0001752724-20-049301.txt : 20200313
0001752724-20-049301.hdr.sgml : 20200313
20200313162336
ACCESSION NUMBER: 0001752724-20-049301
CONFORMED SUBMISSION TYPE: N-CEN
PUBLIC DOCUMENT COUNT: 2
CONFORMED PERIOD OF REPORT: 20191231
FILED AS OF DATE: 20200313
DATE AS OF CHANGE: 20200313
EFFECTIVENESS DATE: 20200313
FILER:
COMPANY DATA:
COMPANY CONFORMED NAME: BLACKROCK MUNICIPAL 2020 TERM TRUST
CENTRAL INDEX KEY: 0001181250
IRS NUMBER: 000000000
FILING VALUES:
FORM TYPE: N-CEN
SEC ACT: 1940 Act
SEC FILE NUMBER: 811-21181
FILM NUMBER: 20713014
BUSINESS ADDRESS:
STREET 1: 100 BELLEVUE PARKWAY
CITY: WILMINGTON
STATE: DE
ZIP: 19809
BUSINESS PHONE: 800-441-7762
MAIL ADDRESS:
STREET 1: 100 BELLEVUE PARKWAY
CITY: WILMINGTON
STATE: DE
ZIP: 19809
FORMER COMPANY:
FORMER CONFORMED NAME: BLACKROCK MUNICIPAL 2022 TERM TRUST
DATE OF NAME CHANGE: 20020819
N-CEN
1
primary_doc.xml
X0201
N-CEN
LIVE
0001181250
XXXXXXXX
811-21181
false
false
false
N-2
BlackRock Municipal 2020 Term Trust
811-21181
0001181250
3UOUT0TVSWH2MLU2XJ29
100 Bellevue Parkway
Wilmington
19809
US-DE
US
800-441-7762
State Street Bank and Trust Company
1 Lincoln Street
Boston
02111
617-786-3000
Records related to its functions as custodian, sub-administrator and accounting agent
Computershare Trust Company, National Association
250 Royall Street
Canton
02021
781-575-2000
Records related to its functions as transfer agent
BlackRock Investments, LLC
40 East 52nd Street
New York
10022
609-282-3046
Records related to its functions as distributor
BlackRock Advisors, LLC
100 Bellevue Parkway
Wilmington
19809
302-797-2000
Records related to its functions as advisor and administrator
N
N
N-2
Y
Cynthia L. Egan
000000000
N
Henry Gabbay
000000000
N
R. Glenn Hubbard
000000000
N
Frank J. Fabozzi
000000000
N
W. Carl Kester
000000000
N
Michael J. Castellano
000000000
N
John M. Perlowski
000000000
Y
Richard E. Cavanagh
000000000
N
Robert Fairbairn
004992372
Y
Karen P. Robards
000000000
N
Catherine A. Lynch
000000000
N
Charles Park
000000000
55 East 52nd Street
New York
10055
XXXXXX
N
N
N
N
N
BlackRock Investments, LLC
8-48436
000038642
00000000000000000000
Y
N
Deloitte & Touche LLP
34
00000000000000000000
N
N
N
N
N
N
N
BlackRock Municipal 2020 Term Trust
3UOUT0TVSWH2MLU2XJ29
N
0
0
0
N/A
N
N
Y
N
BlackRock Investment Management, LLC
5493006MRTEZZ4S4CQ20
Y
N
Revenue sharing split
Cash collateral reinvestment fee
Other
Rebates paid to borrowers
N/A
N/A
Rule 12d1-1 (17 CFR 270.12d1-1)
Rule 17e-1 (17 CFR 270.17e-1)
Rule 32a-4 (17 CFR 270.32a-4)
Rule 17a-7 (17 CFR 270.17a-7)
Y
Y
N
N
BlackRock Advisors, LLC
801-47710
000106614
5493001LN9MRM6A35J74
N
Computershare Trust Company, National Association
85-11340
2549001YYB62BVMSAO13
N
N
N
ICE Data Services, Inc.
13-3668779
Tax ID
N
IHS Markit Ltd.
549300HLPTRASHS0E726
GB
N
Bloomberg L.P.
549300B56MD0ZC402L06
N
Refinitiv US Holdings Inc.
549300NF240HXJO7N016
N
N
State Street Bank and Trust Company
571474TGEMMWANRLN572
N
N
Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))
Credit Suisse Securities (USA) LLC
1V8Y6QCX6YMJ2OELII46
N
Y
Futures commission merchants and commodity clearing organizations - rule 17f-6 (17 CFR 270.17f-6)
Goldman Sachs & Co. LLC
FOR8UP27PHTHYVLBNG30
N
Y
Futures commission merchants and commodity clearing organizations - rule 17f-6 (17 CFR 270.17f-6)
Barclays Capital Inc.
AC28XWWI3WIBK2824319
N
Y
Futures commission merchants and commodity clearing organizations - rule 17f-6 (17 CFR 270.17f-6)
BofA Securities, Inc.
549300HN4UKV1E2R3U73
N
Y
Futures commission merchants and commodity clearing organizations - rule 17f-6 (17 CFR 270.17f-6)
Morgan Stanley & Co. LLC
9R7GPTSO7KV3UQJZQ078
N
Y
Futures commission merchants and commodity clearing organizations - rule 17f-6 (17 CFR 270.17f-6)
N
N
State Street Bank and Trust Company
571474TGEMMWANRLN572
N
Y
BlackRock Advisors, LLC
5493001LN9MRM6A35J74
Y
N
N
BlackRock Execution Services
8-48719
000039438
549300HFCRQ0NT5KY652
0
BlackRock Investments, LLC
8-48436
000038642
00000000000000000000
0
0
Pershing LLC
8-17574
000007560
ZI8Q1A8EI8LQFJNM0D94
3000000
UBS Securities LLC
8-22651
000007654
T6FIZBDPKLYJKFCRVK44
5097200
Barclays Capital Inc.
8-41342
000019714
AC28XWWI3WIBK2824319
7500000
RBC Capital Markets, LLC
8-45411
000031194
549300LCO2FLSSVFFR64
7500000
Citigroup Global Markets Inc.
8-8177
000007059
MBNUM2BPBDO7JBLYG310
2999490
BlackRock Liquidity Funds - MuniCash
N/A
000000000
549300RWBJ885673DL84
176396766.93
J.P. Morgan Securities LLC
8-35008
000000079
ZBUT11V806EZRVTWT807
1500000
Morgan Stanley & Co. LLC
8-15869
000008209
9R7GPTSO7KV3UQJZQ078
3050000
Jefferies LLC
8-15074
000002347
58PU97L1C0WSRCWADL48
3020430
Goldman Sachs & Co. LLC
8-129
000000361
FOR8UP27PHTHYVLBNG30
44904000
256488446.93
N
306076185.47
Common stock
BlackRock Municipal 2020 Term Trust
N
N
N
N
N
N
0.5
0.57
14.89000000
15.08
true
INTERNAL CONTROL RPT
2
NCEN_8775128422493415.txt
REPORT OF INDEPENDENT REGISTERED PUBLIC
ACCOUNTING FIRM
To the Shareholders and Board of Trustees of BlackRock
Municipal 2020 Term Trust and BlackRock Florida
Municipal 2020 Term Trust:
In planning and performing our audits of the financial
statements of BlackRock Municipal 2020 Term Trust and
BlackRock Florida Municipal 2020 Term Trust (the "Funds")
as of and for the year ended December 31, 2019, in accordance
with the standards of the Public Company Accounting
Oversight Board (United States) (PCAOB), we considered the
Funds' internal control over financial reporting, including
controls over safeguarding securities, as a basis for designing
our auditing procedures for the purpose of expressing our
opinion on the financial statements and to comply with the
requirements of Form N-CEN, but not for the purpose of
expressing an opinion on the effectiveness of the Funds'
internal control over financial reporting. Accordingly, we
express no such opinion.
The management of the Funds is responsible for establishing
and maintaining effective internal control over financial
reporting. In fulfilling this responsibility, estimates and
judgments by management are required to assess the expected
benefits and related costs of controls. A company's internal
control over financial reporting is a process designed to provide
reasonable assurance regarding the reliability of financial
reporting and the preparation of financial statements for
external purposes in accordance with generally accepted
accounting principles. A company's internal control over
financial reporting includes those policies and procedures that
(1) pertain to the maintenance of records that, in reasonable
detail, accurately and fairly reflect the transactions and
dispositions of the assets of the company; (2) provide
reasonable assurance that transactions are recorded as necessary
to permit preparation of financial statements in accordance with
generally accepted accounting principles, and that receipts and
expenditures of the company are being made only in
accordance with authorizations of management and directors of
the company; and (3) provide reasonable assurance regarding
prevention or timely detection of unauthorized acquisition, use,
or disposition of a company's assets that could have a material
effect on the financial statements.
Because of its inherent limitations, internal control over
financial reporting may not prevent or detect misstatements.
Also, projections of any evaluation of effectiveness to future
periods are subject to the risk that controls may become
inadequate because of changes in conditions or that the degree
of compliance with the policies or procedures may deteriorate.
A deficiency in internal control over financial reporting exists
when the design or operation of a control does not allow
management or employees, in the normal course of performing
their assigned functions, to prevent or detect misstatements on a
timely basis. A material weakness is a deficiency, or a
combination of deficiencies, in internal control over financial
reporting, such that there is a reasonable possibility that a
material misstatement of the company's annual or interim
financial statements will not be prevented or detected on a
timely basis.
Our consideration of the Funds' internal control over financial
reporting was for the limited purpose described in the first
paragraph and would not necessarily disclose all deficiencies in
internal control that might be material weaknesses under
standards established by the PCAOB. However, we noted no
deficiencies in the Funds' internal control over financial
reporting and its operation, including controls for safeguarding
securities, that we consider to be a material weakness, as
defined above, as of December 31, 2019.
This report is intended solely for the information and use of
management and the Board of Trustees of the Funds and the
Securities and Exchange Commission and is not intended to be
and should not be used by anyone other than these specified
parties.
Deloitte & Touche LLP
Boston, Massachusetts
February 25, 2020