Frequently Asked Questions About BTT

What does BTT invest in?

Operating as a closed-end mutual fund, the Blackrock Municipal 2030 Target Term Trust concentrates its investments in fixed-income securities. This trust was originally established by BlackRock, Inc., and its portfolio is actively managed by BlackRock Advisors, LLC. A core component of its investment strategy involves acquiring high-quality municipal bonds that are exempt from standard federal income taxation. The trust, domiciled in the United States, was launched on August 30, 2012, and was formerly known as BlackRock Municipal Target Term Trust.

What is the expense ratio of BTT?

Blackrock Municipal 2030 Target Term Trust (BTT) charges an expense ratio of 2.70%. This is the annual fee deducted from fund assets to cover management and operations.

What is BTT's dividend yield?

BTT's trailing-twelve-month yield is 2.52%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of BTT?

Effective duration measures BTT's sensitivity to interest-rate changes: a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. BTT's current duration is published on the fund's factsheet on the issuer's website.

What is the credit quality of BTT?

BTT's credit quality breakdown (the share of holdings rated AAA through CCC and below) is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds.

What is the yield to maturity of BTT?

Yield to maturity (YTM) is the total return you'd earn from BTT if every bond in the portfolio is held to maturity at the current price. BTT's YTM is published on the fund's factsheet on the issuer's website. It differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid.

BTT

Blackrock Municipal 2030 Target Term Trust

NYSE·Asset Management · Financial Services

$22.12$0.17+0.77%

After hours·$22.12+0.00%

Market closed·Oct 26 4:00 PM EDT

Price Chart

$22.12+$0.17 (+0.77%)today

−13.39%CAGR −2.83%

Select date range

FromTo

Aug 29, 2012Oct 26, 2021 → Oct 26, 2026· 5.0 yrsOct 26, 2026

Key Metrics

DistributionDividend Tab

Annual Distribution (FWD)$0.56

Distribution Yield (FWD)2.52%

Annual Distribution (TTM)$0.56

Distribution Yield (TTM)2.52%

Distribution Growth (5Y)−5.8%

FrequencyMonthly

Most Recent$0.05

Ex-Dividend DateOct 15

Payment DateNov 2

Cost & RiskExpenses Tab

Expense Ratio2.70%

Cost per 10k Invested$270

AUM$1.54B

Avg Daily Volume102.42K

Price$22.12

NAV$24.22

Premium / Discount−8.67%

52-Week Range$21.30 – $23.24

Beta0.46

Fund Overview

Cost Verdict

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Issuer: BlackRock
Asset Class: Fixed Income
Strategy: Actively Managed
Inception: August 30, 2012
Fund Type: Mutual Fund
Domicile: US
Currency: USD
ISIN: US09257P1057
CUSIP: 09257P105
Website: www.blackrock.com/us/individual/products/241461/municipal-2030-target-term-trust

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Frequently Asked Questions About BTT

What does BTT invest in?: Operating as a closed-end mutual fund, the Blackrock Municipal 2030 Target Term Trust concentrates its investments in fixed-income securities. This trust was originally established by BlackRock, Inc., and its portfolio is actively managed by BlackRock Advisors, LLC. A core component of its investment strategy involves acquiring high-quality municipal bonds that are exempt from standard federal income taxation. The trust, domiciled in the United States, was launched on August 30, 2012, and was formerly known as BlackRock Municipal Target Term Trust.
What is the expense ratio of BTT?: Blackrock Municipal 2030 Target Term Trust (BTT) charges an expense ratio of 2.70%. This is the annual fee deducted from fund assets to cover management and operations.
What is BTT's dividend yield?: BTT's trailing-twelve-month yield is 2.52%, calculated from the sum of dividends over the past year divided by the current price.
What is the duration of BTT?: Effective duration measures BTT's sensitivity to interest-rate changes: a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. BTT's current duration is published on the fund's factsheet on the issuer's website.
What is the credit quality of BTT?: BTT's credit quality breakdown (the share of holdings rated AAA through CCC and below) is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds.
What is the yield to maturity of BTT?: Yield to maturity (YTM) is the total return you'd earn from BTT if every bond in the portfolio is held to maturity at the current price. BTT's YTM is published on the fund's factsheet on the issuer's website. It differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid.

Blackrock Municipal 2030 Target Term Trust

Frequently Asked Questions About BTT

Blackrock Municipal 2030 Target Term Trust

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Fund Overview

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