# EDGAR Filing Document

**Accession Number:** 0001847516
**File Stem:** 0001062993-25-016451
**Filing Date:** 2025-11
**Character Count:** 8907
**Document Hash:** c81274214dba92be67104497d0c20718
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001062993-25-016451.hdr.sgml**: 20251104

**ACCESSION NUMBER**: 0001062993-25-016451

**CONFORMED SUBMISSION TYPE**: SCHEDULE 13D/A

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20251104

**DATE AS OF CHANGE**: 20251104

**SUBJECT COMPANY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Tax Free Target Maturity Fund for Puerto Rico Residents, Inc.
- **CENTRAL INDEX KEY:** 0001847516

**ORGANIZATION NAME:**
- **EIN:** 223822779
- **STATE OF INCORPORATION:** PR
- **FISCAL YEAR END:** 0630

**FILING VALUES:**
- **FORM TYPE:** SCHEDULE 13D/A
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 005-93685
- **FILM NUMBER:** 251450213

**BUSINESS ADDRESS:**
- **STREET 1:** 250 MUNOZ RIVERA
- **STREET 2:** TENTH FLOOR
- **CITY:** SAN JUAN
- **STATE:** PR
- **ZIP:** 00918
- **BUSINESS PHONE:** 787-250-3600

**MAIL ADDRESS:**
- **STREET 1:** 250 MUNOZ RIVERA
- **STREET 2:** TENTH FLOOR
- **CITY:** SAN JUAN
- **STATE:** PR
- **ZIP:** 00918

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Tax Free Puerto Rico Target Maturity Fund, Inc.
- **DATE OF NAME CHANGE:** 20210223
**FILED BY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** RAD Investments LLC
- **CENTRAL INDEX KEY:** 0001959513

**ORGANIZATION NAME:**
- **EIN:** 660849795

**FILING VALUES:**
- **FORM TYPE:** SCHEDULE 13D/A

**BUSINESS ADDRESS:**
- **STREET 1:** 954 AVENIDA PONCE DE LEON
- **STREET 2:** SUITE 204
- **CITY:** SAN JUAN
- **STATE:** PR
- **ZIP:** 00907
- **BUSINESS PHONE:** 305-807-2136

**MAIL ADDRESS:**
- **STREET 1:** 954 AVENIDA PONCE DE LEON
- **STREET 2:** SUITE 204
- **CITY:** SAN JUAN
- **STATE:** PR
- **ZIP:** 00907

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

## SCHEDULE 13D

### Under the Securities Exchange Act of 1934

**(Amendment No. 12)**

**Tax Free Target Maturity Fund for Puerto Rico Residents, Inc.**

*(Name of Issuer)*

**Common Shares, $0.01 par value**

*(Title of Class of Securities)*

**87677T105**

*(CUSIP Number)*

**Daniel Morman**<br>5055 Collins Ave

#6L<br>Miami Beach FL 33140<br>(305) 807-2136

*(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)*

**11/03/2025**

*(Date of Event Which Requires Filing of this Statement)*

| **CUSIP No.** | **87677T105** |

---

| | | | |
|:--|:--|:--|:--|
| 1 | Name of reporting person<br>**RAD Investments LLC** | Name of reporting person<br>**RAD Investments LLC** | |
| 2 | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | |
| 3 | SEC use only | SEC use only | |
| 4 | Source of funds (See Instructions)<br>**WC** | Source of funds (See Instructions)<br>**WC** | |
| 5 | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | |
| 6 | Citizenship or place of organization<br>**PR** | Citizenship or place of organization<br>**PR** | |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 7 | Sole Voting Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 8 | Shared Voting Power<br>**2531711.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 9 | Sole Dispositive Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 10 | Shared Dispositive Power<br>**2531711.00** |
| 11 | Aggregate amount beneficially owned by each reporting person<br>**2531711.00** | Aggregate amount beneficially owned by each reporting person<br>**2531711.00** | |
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | |
| 13 | Percent of class represented by amount in Row (11)<br>**10.6%** | Percent of class represented by amount in Row (11)<br>**10.6%** | |
| 14 | Type of Reporting Person (See Instructions)<br>**OO** | Type of Reporting Person (See Instructions)<br>**OO** | |

---

**Comment for Reporting Person:** The percentages used herein are based upon 23,897,920 shares of common stock outstanding, which represents the shares of common stock outstanding as of June 30, 2025, according to the Fund's Certified Shareholder Report on Form N-CSR (the "Shareholder Report") filed with the Securities and Exchange Commission ("SEC") on September 5, 2025.

| **CUSIP No.** | **87677T105** |

---

| | | | |
|:--|:--|:--|:--|
| 1 | Name of reporting person<br>**Ethan Danial** | Name of reporting person<br>**Ethan Danial** | |
| 2 | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | |
| 3 | SEC use only | SEC use only | |
| 4 | Source of funds (See Instructions)<br>**WC** | Source of funds (See Instructions)<br>**WC** | |
| 5 | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | |
| 6 | Citizenship or place of organization<br>**X1** | Citizenship or place of organization<br>**X1** | |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 7 | Sole Voting Power<br>**1593656.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 8 | Shared Voting Power<br>**2531711.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 9 | Sole Dispositive Power<br>**1593656.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 10 | Shared Dispositive Power<br>**2531711.00** |
| 11 | Aggregate amount beneficially owned by each reporting person<br>**4125367.00** | Aggregate amount beneficially owned by each reporting person<br>**4125367.00** | |
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | |
| 13 | Percent of class represented by amount in Row (11)<br>**17.3%** | Percent of class represented by amount in Row (11)<br>**17.3%** | |
| 14 | Type of Reporting Person (See Instructions)<br>**IN** | Type of Reporting Person (See Instructions)<br>**IN** | |

---

**Comment for Reporting Person:** These Shared Voting Power and Shared Dispositive Power shares are deemed to be beneficially owned by Mr. Danial in his capacity as manager of RAD Investments LLC.
The percentages used herein are based upon 23,897,920 shares of Common Stock outstanding as of June 30, 2025, as disclosed in the Shareholder Report.

**Item 1. Security and Issuer**

**(a) Title of Class of Securities:**
Common Shares, $0.01 par value

**(b) Name of Issuer:**
Tax Free Target Maturity Fund for Puerto Rico Residents, Inc.

**(c) Address of Issuer's Principal Executive Offices:**
250 Munoz Rivera Avenue, San Juan, PR, 00918

This Amendment No. 12 amends the Schedule 13D first filed on June 7, 2022 (as amended to date, the "Schedule 13D") as specifically set forth herein:

**Item 5. Interest in Securities of the Issuer**

**(a)**
Items 5(a) - (c) are hereby amended and restated as follows:

(a) and (b) Items 7 through 11 and 13 of each of the cover pages ofthis Amendment No. 11 and Item 3 are incorporated herein by reference.
 The aggregate percentage of shares of Common Stock reported to beowned by each Reporting Person is based upon 23,897,920 shares of
Common Stock outstanding as of June 30, 2025, as disclosed inthe Issuer's Shareholder Report on Form N-CSR filed with the SEC on
 September 5, 2025.

**(b)**
—

**(c)**
This Schedule sets forth information with respect to each purchaseand sale of shares of Common Stock which were effectuated by the
Reporting Person during the past sixty days. All transactions wereeffectuated in the open market through a broker.

Reporting Person  	Trade Date  Shares Purchased (Sold)  Price Per Share ($)

Ethan Danial		10/31/2025	5,370			0.821
Ethan Danial		10/31/2025	2,000			0.820
Ethan Danial		11/3/2025	8,000			0.821

### 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.

**Reporting Person:** RAD Investments LLC

**Signature:** /s/ Ethan Danial

**Name/Title:** Member; Manager

**Date:** 11/03/2025

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.

**Reporting Person:** Ethan Danial

**Signature:** /s/ Ethan Danial

**Name/Title:** Ethan Danial

**Date:** 11/03/2025