Welcome to our dedicated page for BlackRock Taxable Municipal Bond Trust SEC filings (Ticker: BBN), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The BlackRock Taxable Municipal Bond Trust (BBN) SEC filings page on Stock Titan provides access to the fund’s regulatory documents as filed with the U.S. Securities and Exchange Commission. As a diversified, closed-end management investment company, BBN submits annual and semi‑annual reports and other regulatory filings that are referenced in its public disclosures and made available through the SEC’s EDGAR system.
These filings typically discuss the fund’s investment objectives, which are to seek high current income with a secondary objective of capital appreciation, and provide detail on portfolio composition, performance, risks, and the operation of its distribution policies. Documents may also address the Managed Distribution Plan approved by the Board of Trustees, including how the stated annual distribution rate is calculated as a percentage of a three‑month average net asset value and how distributions may consist of net investment income, capital gains, or return of capital.
BBN’s regulatory materials explain that, in order to comply with Section 19 of the Investment Company Act of 1940, the fund issues Section 19 notices when distributions include sources other than net investment income. While these notices are not tax reporting documents, related filings and year‑end tax forms, such as Form 1099‑DIV, clarify how distributions should be treated for federal income tax purposes.
On Stock Titan, investors can review BBN’s SEC filings alongside AI-powered summaries that highlight key sections, such as discussions of distribution policies, risk factors, leverage, and other material information. Real-time updates from EDGAR, combined with simplified explanations, help users navigate lengthy filings like annual reports and understand how regulatory disclosures relate to the fund’s income objectives and distribution practices.
BlackRock Taxable Municipal Bond Trust (BBN) delivers its certified shareholder report for the period ended 12/31/2025, presenting portfolio, leverage and distribution details. The Trust reports net assets $1,067,702,351 and NAV $17.28 per share with shares outstanding 61,792,514.
The Trust’s managed distribution plan pays a monthly distribution of $0.098600 per share (annualized $1.183200) and the reported leverage (reverse repurchase agreements) is 35% of managed assets (borrowings outstanding $565,957,000). For the year, net investment income was $60,648,440, interest expense $23,638,799, and 1-year total return at NAV was 7.93%.
BlackRock Taxable Municipal Bond Trust portfolio manager Walter O'Connor reported a small share transaction involving common stock and cash-settled phantom shares. On January 30, 2026, he acquired 243.5732 shares of common stock following the exercise of phantom share-based rights, then disposed of the same 243.5732 shares at a price of $16.3 per share, leaving 0 common shares directly owned. The filing also shows movements in phantom shares, which are stated to be the economic equivalent of common stock but payable in cash upon vesting, with remaining phantom share balances of 265.0239 and 111.0613 recorded as directly owned.
BlackRock Taxable Municipal Bond Trust portfolio manager Kevin Maloney reported routine equity-based compensation and a small share sale. On January 30, 2026, he received 1,119.6319 phantom shares at
On the same date, Maloney exercised previously granted phantom shares into 417.7669 common shares and then disposed of those common shares at
BlackRock Taxable Municipal Bond Trust portfolio manager Michael Kalinoski reported compensation-related transactions in common stock and phantom shares. On January 30, 2026, he received 128.0675 phantom shares, which are cash-settled units economically equivalent to common stock and vest over three years.
On the same date, previously granted phantom shares vested and were converted into 128.6224 common shares, which were then sold at $16.30 per share. After these trades, Kalinoski directly held 1,523.9209 common shares and 128.0675 phantom shares.
BlackRock Taxable Municipal Bond Trust portfolio manager Christian Romaglino reported a mix of phantom share awards, conversions, and a small share sale. On January 30, 2026, he received 123.4663 phantom shares at
On the same date, 54.5506 phantom shares were converted to the same number of common shares and then sold at