<SEC-DOCUMENT>0001193125-23-250067.txt : 20231004
<SEC-HEADER>0001193125-23-250067.hdr.sgml : 20231004
<ACCEPTANCE-DATETIME>20231003174609
ACCESSION NUMBER:		0001193125-23-250067
CONFORMED SUBMISSION TYPE:	424B3
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20231004
DATE AS OF CHANGE:		20231003

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			BlackRock Taxable Municipal Bond Trust
		CENTRAL INDEX KEY:			0001493683
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0731

	FILING VALUES:
		FORM TYPE:		424B3
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	333-252961
		FILM NUMBER:		231305683

	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 Build America Bond Trust
		DATE OF NAME CHANGE:	20100608
</SEC-HEADER>
<DOCUMENT>
<TYPE>424B3
<SEQUENCE>1
<FILENAME>d332133d424b3.htm
<DESCRIPTION>BLACKROCK TAXABLE MUNICIPAL BOND TRUST
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<TITLE>BLACKROCK TAXABLE MUNICIPAL BOND TRUST</TITLE>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="right"><B>Filed Pursuant to Rule 424(b)(3)<BR>Registration File No.: 333-252961 </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>BLACKROCK TAXABLE MUNICIPAL BOND TRUST </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>Supplement dated October&nbsp;4, 2023 to the Prospectus, dated February&nbsp;10, 2021, </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>and the Prospectus Supplements dated July&nbsp;18, 2022, September&nbsp;29, 2022 and March&nbsp;2, 2023 </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">This supplement amends certain information in the Prospectus, dated February&nbsp;10, 2021, as supplemented on July&nbsp;18, 2022, September&nbsp;29, 2022 and
March&nbsp;2, 2023, of BlackRock Taxable Municipal Bond Trust (the &#147;Trust&#148;). Unless otherwise indicated, all information included in the Prospectus that is not inconsistent with the information set forth in this supplement remains
unchanged. Capitalized terms not otherwise defined in this supplement have the same meanings as in the Prospectus. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>The following changes are made to
the Trust&#146;s Prospectus: </B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>The section of the Prospectus entitled &#147;Management of the Trust &#151; Portfolio Managers&#148; is deleted in
its entirety and replaced with the following: </B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Portfolio Managers </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">The members of the portfolio management team who are primarily responsible for the
<FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">day-to-day</FONT></FONT> management of the Trust&#146;s portfolio are as follows: </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><I>Peter Hayes</I>, Managing Director of BlackRock, Inc., is Chief Investment Officer and Head of the Municipal Bond Group within the Portfolio Management
Group (&#147;PMG&#148;) as well as Global Head of the Financial Institutions Group Investments Business. He is a member of the PMG Executive Committee and BlackRock&#146;s Global Operating Committee. He also leads the Municipal Management Committee
responsible for Portfolio Management, Credit Research, Trading and Strategy. Mr.&nbsp;Hayes&#146; service with BlackRock, Inc. dates back to 1987, including his years with Merrill Lynch Investment Managers (&#147;MLIM&#148;), which merged with
BlackRock in 2006. At MLIM, he was head of the short term <FONT STYLE="white-space:nowrap">tax-exempt</FONT> trading desk, and managed the CMA <FONT STYLE="white-space:nowrap">Tax-Exempt</FONT> Fund and other short term municipal bond portfolios.
Prior to joining MLIM, Mr.&nbsp;Hayes was a trader for Shawmut Bank. Mr.&nbsp;Hayes earned a BA degree in economics from the College of the Holy Cross. During the first quarter of 2024, Mr.&nbsp;Hayes will retire from BlackRock, Inc., and will no
longer serve as a portfolio manager of the Trust. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><I>Walter O&#146;Connor</I>, CFA, Managing Director of BlackRock, Inc., is <FONT
STYLE="white-space:nowrap">Co-Head</FONT> of the Municipal Funds team within the Municipal Fixed Income business within BlackRock&#146;s Portfolio Management Group. He is also a member of the Municipal Management Committee, which oversees all
municipal bond portfolio management, research and trading activities. Mr.&nbsp;O&#146;Connor&#146;s service with BlackRock, Inc. dates back to 1991, including his years with MLIM. At MLIM, he was a portfolio manager for municipal bond retail mutual
funds. Prior to joining MLIM, Mr.&nbsp;O&#146;Connor was with Prudential Securities, where he was involved in trading, underwriting, and arbitrage for municipal securities and financial futures. Mr.&nbsp;O&#146;Connor earned a BA degree in finance
and philosophy from the University of Notre Dame in 1984. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><I>Kevin Maloney</I>, CFA, Director of BlackRock, Inc., is
<FONT STYLE="white-space:nowrap">Co-Head</FONT> of the Municipal Funds team and a portfolio manager within the Municipal Fixed Income business within BlackRock&#146;s Portfolio Management Group. He is also a member of the Municipal Management
Committee, which oversees all municipal bond portfolio management, research and trading activities. Mr.&nbsp;Maloney began his career at BlackRock in 2011 as an analyst on the Municipal Credit Research Team. Mr.&nbsp;Maloney earned a BS degree in
finance from Drexel University in 2011. </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><I>Phillip Soccio</I>, CFA, Director of BlackRock, Inc., is a portfolio manager for the Municipal Fixed Income
business in BlackRock&#146;s Portfolio Management Group. Prior to assuming his current role in 2007, Mr.&nbsp;Soccio was a member of BlackRock&#146;s Cash Management Group, where he was responsible for managing various
<FONT STYLE="white-space:nowrap">tax-exempt</FONT> money market funds. From 1998 to 2000, he was a member of BlackRock&#146;s Account Management Group responsible for institutional client service and marketing support. Mr.&nbsp;Soccio began his
career at BlackRock in 1998. Mr.&nbsp;Soccio earned a BS degree in finance from Wilmington University. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><I>Michael A. Kalinoski</I>, CFA, Director of
BlackRock, Inc., is a portfolio manager on the Municipal Mutual Fund Desk within BlackRock&#146;s Municipal Fixed Income business within PMG. Mr.&nbsp;Kalinoski&#146;s service with BlackRock, Inc. dates back to 1999, including his years with MLIM.
At MLIM, he was a member of the <FONT STYLE="white-space:nowrap">tax-exempt</FONT> fixed income team responsible for managing a number of national and state funds. Prior to joining MLIM in 1999, Mr.&nbsp;Kalinoski was a municipal trader with Strong
Capital Management. Mr.&nbsp;Kalinoski earned a BS degree in accounting from Marquette University in 1992. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><I>Christian Romaglino</I>, CFA, Director of
BlackRock, Inc., is a portfolio manager for the Municipal Fixed Income business within BlackRock&#146;s Portfolio Management Group. Prior to joining BlackRock, Inc. in 2017, Mr.&nbsp;Romaglino was a portfolio manager at Brown Brothers Harriman
focusing on a diverse set of institutional mandates and high net worth separately managed accounts. Mr.&nbsp;Romaglino also held various trading and portfolio construction positions at Brown Brothers Harriman across several taxable fixed income
sectors prior to 2010 when he transitioned to Municipals. Mr.&nbsp;Romaglino earned a BS degree in Industrial Engineering from Lehigh University. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><I>Kristi Manidis</I>, Director of BlackRock, Inc., is a portfolio manager for the Municipal Fixed Income business in BlackRock&#146;s Portfolio Management
Group. Prior to moving to her current role in 2009, Ms.&nbsp;Manidis was a trader and portfolio manager on various high net worth equity and balanced separately managed accounts. Previously, she was responsible for institutional client service and
marketing. Ms.&nbsp;Manidis began her career at BlackRock in 2003. Ms.&nbsp;Manidis earned a BS degree in Business Administration, with concentrations in Finance and Management Information Systems, from Drexel University in 2003. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">The SAI provides additional information about each portfolio manager&#146;s compensation, other accounts managed by the portfolio management team and the
ownership of the Trust&#146;s securities by each portfolio manager. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>Shareholders should retain this Supplement for future reference.
</B></P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">- 2 - </P>

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