# EDGAR Filing Document

**Accession Number:** 0001847516
**File Stem:** 0001193125-25-233460
**Filing Date:** 2025-10
**Character Count:** 12909
**Document Hash:** 8e06aa46e636c82e8232fc5d06ef6c6b
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-25-233460.hdr.sgml**: 20251007

**ACCESSION NUMBER**: 0001193125-25-233460

**CONFORMED SUBMISSION TYPE**: 40-17F2

**PUBLIC DOCUMENT COUNT**: 2

**FILED AS OF DATE**: 20251007

**DATE AS OF CHANGE**: 20251007

**EFFECTIVENESS DATE**: 20251007

**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:** 40-17F2
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23670
- **FILM NUMBER:** 251379904

**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:** 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:** 40-17F2

**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

**UNITED STATES** 

**SECURITIES AND EXCHANGE COMMISSION** 

**Washington, D.C. 20549** 

**FORM N-17f-2** 

Certificate of Accounting of Securities and Similar

Investments in the Custody of

Management Investment Companies

Pursuant to Rule 17f-2 [17 CFR 270.17f-2]

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|:---|:---|:---|
| &nbsp;&nbsp;&nbsp; OMB APPROVAL | &nbsp;&nbsp;&nbsp; OMB APPROVAL | &nbsp;&nbsp;&nbsp; OMB APPROVAL |
| &nbsp;&nbsp;&nbsp;OMB Number: | &nbsp;&nbsp;&nbsp;OMB Number: | 3235-0360 |
| &nbsp;&nbsp;&nbsp;Expires: | December 31, 2026 | December 31, 2026 |
| &nbsp;&nbsp;&nbsp;Estimated average burden | &nbsp;&nbsp;&nbsp;Estimated average burden | &nbsp;&nbsp;&nbsp;Estimated average burden |
| &nbsp;&nbsp;&nbsp;hours per response | &nbsp;&nbsp;&nbsp;hours per response | 2.0 |

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br> 1. Investment Company Act File Number: | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br> 1. Investment Company Act File Number: | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br> 1. Investment Company Act File Number: | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br> 1. Investment Company Act File Number: | <br> Date examination completed | <br> Date examination completed |
| &nbsp;&nbsp;&nbsp; 811-23670 | &nbsp;&nbsp;&nbsp; 811-23670 | &nbsp;&nbsp;&nbsp; 811-23670 | &nbsp;&nbsp;&nbsp; 811-23670 | November 30, 2021 | November 30, 2021 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br> 2. State identification Number: | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br> 2. State identification Number: | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br> 2. State identification Number: | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br> 2. State identification Number: | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br> 2. State identification Number: | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br> 2. State identification Number: |
| <br> AL<br>| <br> AK<br>| <br> AZ<br>| <br> AR<br>| <br> CA<br>| <br> CO<br>|
| <br> CT<br>| <br> DE<br>| <br> DC<br>| <br> FL<br>| <br> GA<br>| <br> HI<br>|
| <br> ID<br>| <br> IL<br>| <br> IN<br>| <br> IA<br>| <br> KS<br>| <br> KY<br>|
| <br> LA<br>| <br> ME<br>| <br> MD<br>| <br> MA<br>| <br> MI<br>| <br> MN<br>|
| <br> MS<br>| <br> MO<br>| <br> MT<br>| <br> NE<br>| <br> NV<br>| <br> NH<br>|
| <br> NJ<br>| <br> NM<br>| <br> NY<br>| <br> NC<br>| <br> ND<br>| <br> OH<br>|
| <br> OK<br>| <br> OR<br>| <br> PA<br>| <br> RI<br>| <br> SC<br>| <br> SD<br>|
| <br> TN<br>| <br> TX<br>| <br> UT<br>| <br> VT<br>| <br> VA<br>| <br> WA<br>|
| <br> WV<br>| <br> WI<br>| <br> WY<br>| <br> PUERTO RICO<br>|  |  |
| Other (specify):<br>|  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br> 3. Exact name of investment company as specified in registration statement: | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br> 3. Exact name of investment company as specified in registration statement: | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br> 3. Exact name of investment company as specified in registration statement: | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br> 3. Exact name of investment company as specified in registration statement: | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br> 3. Exact name of investment company as specified in registration statement: | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br> 3. Exact name of investment company as specified in registration statement: |
| &nbsp;&nbsp;&nbsp; Tax Free Target Maturity Fund for Puerto Rico Residents, Inc. | &nbsp;&nbsp;&nbsp; Tax Free Target Maturity Fund for Puerto Rico Residents, Inc. | &nbsp;&nbsp;&nbsp; Tax Free Target Maturity Fund for Puerto Rico Residents, Inc. | &nbsp;&nbsp;&nbsp; Tax Free Target Maturity Fund for Puerto Rico Residents, Inc. | &nbsp;&nbsp;&nbsp; Tax Free Target Maturity Fund for Puerto Rico Residents, Inc. | &nbsp;&nbsp;&nbsp; Tax Free Target Maturity Fund for Puerto Rico Residents, Inc. |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br> 4. Address of principal executive office (number, street, city, state, zip code): | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br> 4. Address of principal executive office (number, street, city, state, zip code): | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br> 4. Address of principal executive office (number, street, city, state, zip code): | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br> 4. Address of principal executive office (number, street, city, state, zip code): | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br> 4. Address of principal executive office (number, street, city, state, zip code): | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br> 4. Address of principal executive office (number, street, city, state, zip code): |
| &nbsp;&nbsp;&nbsp; American International Plaza Building - Tenth Floor, 250 Munoz Rivera Avenue,<br> San Juan, Puerto Rico 00918 | &nbsp;&nbsp;&nbsp; American International Plaza Building - Tenth Floor, 250 Munoz Rivera Avenue,<br> San Juan, Puerto Rico 00918 | &nbsp;&nbsp;&nbsp; American International Plaza Building - Tenth Floor, 250 Munoz Rivera Avenue,<br> San Juan, Puerto Rico 00918 | &nbsp;&nbsp;&nbsp; American International Plaza Building - Tenth Floor, 250 Munoz Rivera Avenue,<br> San Juan, Puerto Rico 00918 | &nbsp;&nbsp;&nbsp; American International Plaza Building - Tenth Floor, 250 Munoz Rivera Avenue,<br> San Juan, Puerto Rico 00918 | &nbsp;&nbsp;&nbsp; American International Plaza Building - Tenth Floor, 250 Munoz Rivera Avenue,<br> San Juan, Puerto Rico 00918 |

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|:---|:---|:---|
| ![LOGO](g51026snap2.jpg)  | <br> Ernst & Young LLP<br> Parque Las Americas 1<br> Suite 410<br> 235 Federico Costas<br> San Juan, PR 00918-1341 | <br> Tel: +1 787 759 8212<br> Fax: +1 787 753 0808<br> ey.com |

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Independent Accountant's Report

The Board of Directors of Tax Free Target Maturity Fund for Puerto Rico Residents, Inc.

We have examined management's assertion, included in the accompanying Report of Management on Compliance with Certain Provisions of the Investment Company Act of 1940, that Tax Free Target Maturity Fund for Puerto Rico Residents, Inc. (the Fund), complied with the requirements of subsections (b) and (c) of Rule 17f-2 under the Investment Company Act of 1940 (the Act) as of November 30, 2021. Management is responsible for its assertion about compliance with the requirements of subsections (b) and (c) of Rule 17f-2 of the Act (the specified requirements). Our responsibility is to express an opinion on management's assertion about the Fund's compliance with the specified requirements based on our examination.

Our examination was conducted in accordance with the attestation standards established by the American Institute of Certified Public Accountants ("AICPA). Those standards require that we plan and perform the examination to obtain reasonable assurance about whether management's assertion about compliance with the specified requirements is fairly stated, in all material respects. An examination involves performing procedures to obtain evidence about whether management's assertion is fairly stated, in all material respects. The nature, timing, and extent of the procedures selected depend on our judgment, including an assessment of the risks of material misstatement of management's assertion, whether due to fraud or error. We believe that the evidence we obtained is sufficient and appropriate to provide a reasonable basis for our opinion.

We are required to be independent of the Tax Free Target Maturity Fund for Puerto Rico Residents, Inc., and to meet our other ethical responsibilities, as applicable for examination engagements set forth in the Preface: Applicable to All Members and Part 1 – Members in Public Practice of the Code of Professional Conduct established by the AICPA.

Included among our procedures were the following tests performed as of November 30, 2021, the examination date we selected without prior notice to management and with respect to agreement of security purchases and sales, for the period from July 1, 2021 (the immediate date after our last examination) through November 30, 2021:

• Confirmation of all securities held by JPMorgan Chase & Co ("Custodian"), brokers and others;

• Reconciliation of all such securities to the books and records of the Fund and the Custodian's;

• Confirmation of all repurchase agreements with broker/banks and agreement of underlying collateral with the
Custodian's records; when replies were not received from brokers and others, we performed alternative procedures; and

• Agreement of one security purchase and one security sale or maturity, if occurred, since our last report from the
books and records of the Fund to corresponding bank statements.

We believe that our examination provides a reasonable basis for our opinion. Our examination does not provide a legal determination on the Fund's compliance with the specified requirements.

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In our opinion, management's assertion that the Tax Free Target Maturity Fund for Puerto Rico Residents, Inc., complied with the requirements of subsections (b) and (c) of Rule 17f-2 of the Act as of November 30, 2021, with respect to securities reflected in the investment account of the Fund is fairly stated, in all material respects.

This report is intended solely for the information and use of management and the Board of Directors of Tax Free Target Maturity Fund for Puerto Rico Residents, Inc., and the Securities and Exchange Commission and is not intended to be and should not be used by anyone other than these specified parties.

/s/ Ernst & Young LLP

San Juan, Puerto Rico

October 7, 2025

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Report of Management on Compliance with Certain Provisions of the Investment Company Act of 1940

October 7, 2025

We, as members of management of Tax Free Target Maturity Fund for Puerto Rico Residents, Inc., (the Fund) are responsible for complying with the requirements of subsections (b) and (c) of Rule 17f-2, "Custody of Investments by Registered Management Investment Companies," of the Investment Company Act of 1940 ("the Act"). We are also responsible for establishing and maintaining effective internal controls over compliance with those requirements. We have performed an evaluation of the Fund's compliance with the requirements of subsections (b) and (c) of Rule 17f-2 as of November 30, 2021 and from July 1, 2021 (immediate date after the last examination date) through November 30, 2021.

Based on this evaluation, we assert that the Fund was in compliance with the requirements of subsections (b) and (c) of Rule 17f-2 of the Act as of November 30, 2021 and from July 1, 2021 through November 30, 2021, with respect to securities reflected in the investment account of the Fund.

Sincerely,

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

/s/ Claudio Ballester

/s/ Heydi Cuadrado

Claudio Ballester

Executive Director of Fund Administrator

Heydi Cuadrado

Director of the Investment Advisor