BlackRock Taxable Municipal Bond Trust declared on 27 September 2021 that its board of trustees authorized a Managed Distribution Plan (the Plan) for the trust, whereby it will pay a monthly distribution of USD0.1229 per share. The distribution will be at a stated annual rate as a percentage of the 3-month average net asset value (NAV) as of 31 August 2021. The monthly distribution payment under the trust's Plan will start from October 2021. Relevant dates for the first distribution under the trust's Plan will be announced after the close of business on 1 October 2021.