- ISIN
- US09257P1057
- CUSIP
- 09257P105
- Sector
- Financial Services
- Industry
- Asset Management
- IPO Date
- Aug 30, 2012
Highlights
- Market Cap
- $1.44B
- Enterprise Value
- $2.25B
- EPS (TTM)
- $1.87
- PE Ratio
- 12.10
- Total Revenue (TTM)
- $166.87M
- Gross Profit (TTM)
- $151.85M
- EBITDA (TTM)
- $103.66M
- Year Range
- $21.54 - $23.24
- ROA (TTM)
- 4.87%
- ROE (TTM)
- 7.45%
Share Price Chart
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Performance
BTT Performance Chart
Blackrock Municipal 2030 Target Term Trust (BTT) is up 0.3% since the beginning of the year. At $23 per share, BTT is trading just below its 52-week high of $23. Investors who bought $1,000 worth of BTT shares 5 years ago would now be looking at an investment worth $1,001.
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Returns By Period
Blackrock Municipal 2030 Target Term Trust (BTT) has returned 0.30% so far this year and 7.44% over the past 12 months. Over the last ten years, BTT has returned 2.62% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.
Blackrock Municipal 2030 Target Term Trust
- 1D
- -0.26%
- 1M
- -0.02%
- YTD
- 0.30%
- 6M
- 2.27%
- 1Y
- 7.44%
- 3Y*
- 5.65%
- 5Y*
- 0.01%
- 10Y*
- 2.62%
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
BTT Monthly Returns History
Based on dividend-adjusted daily data since Aug 30, 2012, BTT's average daily return is +0.01%, while the average monthly return is +0.29%. At this rate, an investment would double in approximately 19.9 years.
Historically, 61% of months were positive and 39% were negative. The best month was Jan 2014 with a return of +9.5%, while the worst month was Jun 2013 at -7.5%. The longest winning streak lasted 11 consecutive months, and the longest losing streak was 7 months.
On a daily basis, BTT closed higher 51% of trading days. The best single day was Mar 25, 2020 with a return of +7.6%, while the worst single day was Mar 18, 2020 at -11.8%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.07% | 0.86% | -0.84% | 1.48% | -0.45% | -0.80% | 0.30% | ||||||
| 2025 | 2.42% | 2.31% | -0.95% | 0.27% | 1.02% | 2.46% | 1.45% | 1.16% | 0.61% | 1.10% | -0.50% | 1.63% | 13.71% |
| 2024 | 2.92% | -1.47% | 0.51% | -2.53% | 0.18% | 1.69% | 1.91% | 1.50% | 1.29% | -1.68% | 1.26% | -3.71% | 1.64% |
| 2023 | 4.64% | -4.12% | 2.48% | -1.35% | -2.69% | 0.46% | 1.33% | -2.78% | -4.40% | 0.03% | 7.27% | 0.57% | 0.76% |
| 2022 | -3.16% | -0.79% | -4.44% | -5.75% | 5.15% | -4.63% | 7.07% | -6.05% | -7.14% | 0.54% | 5.95% | -1.75% | -15.16% |
| 2021 | 1.30% | -2.89% | 1.32% | 2.57% | -0.06% | 1.44% | 0.39% | 0.35% | -2.73% | 0.75% | -0.34% | 1.93% | 3.94% |
Benchmark Metrics
Blackrock Municipal 2030 Target Term Trust has an annualized alpha of 1.61%, beta of 0.14, and R2 of 0.05 versus S&P 500 Index. Calculated based on daily prices since August 30, 2012.
- This stock participated in 29.75% of S&P 500 Index downside but only 21.66% of its upside - more exposed to losses than it benefited from rallies.
- Beta of 0.14 may look defensive, but with R2 of 0.05 this stock is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this stock's risk.
- R2 of 0.05 means this stock moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.
- Alpha
- 1.61%
- Beta
- 0.14
- R²
- 0.05
- Upside Capture
- 21.66%
- Downside Capture
- 29.75%
Return for Risk
Risk / Return Rank
BTT ranks 80 for risk / return — better than 80% of stocks on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Blackrock Municipal 2030 Target Term Trust (BTT) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| BTT | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.69 | ||
| Sortino ratioReturn per unit of downside risk | -0.72 | ||
| Omega ratioGain probability vs. loss probability | 1.25 | 1.37 | -0.12 |
| Calmar ratioReturn relative to maximum drawdown | 2.90 | 2.78 | +0.11 |
| Martin ratioReturn relative to average drawdown | 8.86 | 12.44 | -3.58 |
Dividends
Dividend History
Blackrock Municipal 2030 Target Term Trust provided a 2.46% dividend yield over the last twelve months, with an annual payout of $0.56 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.56 | $0.56 | $0.56 | $0.65 | $0.75 | $0.75 | $0.75 | $0.75 | $0.81 | $0.91 | $0.96 | $0.96 |
Dividend yield | 2.46% | 2.44% | 2.70% | 3.11% | 3.50% | 2.89% | 2.92% | 3.10% | 3.93% | 4.08% | 4.40% | 4.46% |
Monthly Dividends
The table displays the monthly dividend distributions for Blackrock Municipal 2030 Target Term Trust. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.28 | ||||||
| 2025 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.56 |
| 2024 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.56 |
| 2023 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.05 | $0.05 | $0.05 | $0.65 |
| 2022 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.75 |
| 2021 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.75 |
Dividend Yield & Payout
Dividend Yield
Blackrock Municipal 2030 Target Term Trust has a dividend yield of 2.46%, which is quite average when compared to the overall market.
Payout Ratio
Blackrock Municipal 2030 Target Term Trust has a payout ratio of 61.82%, which is quite average when compared to the overall market. This suggests that Blackrock Municipal 2030 Target Term Trust strikes a balance between reinvesting profits for growth and paying dividends to shareholders.
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Blackrock Municipal 2030 Target Term Trust. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Blackrock Municipal 2030 Target Term Trust was 30.71%, occurring on Dec 5, 2013. Recovery took 516 trading sessions.
The current Blackrock Municipal 2030 Target Term Trust drawdown is 2.10%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
2013 bear market2013 | -30.71%Dec 2013 | 1y 1mo | 2y 18d | 3y 2moOct 2012 - Dec 2015 |
2023 bear market2023 | -23.36%Oct 2023 | 2y 2mo | — | 4y 10moAug 2021 - now |
COVID crash2020 | -20.98%Mar 2020 | 14d | 4mo 7d | 4mo 21dMar 2020 - Jul 2020 |
2016 correction2016 | -12.27%Nov 2016 | 2mo 7d | 2y 3mo | 2y 6moSep 2016 - Mar 2019 |
2021 pullback2021 | -3.73%Feb 2021 | 15d | 1mo 21d | 2mo 6dFeb 2021 - Apr 2021 |
Drawdown Indicators
| BTT | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -30.71% | -56.78% | +26.07% |
Max Drawdown (1Y)Largest decline over 1 year | -2.58% | -9.10% | +6.52% |
Max Drawdown (3Y)Largest decline over 3 years | -9.56% | -18.90% | +9.34% |
Max Drawdown (5Y)Largest decline over 5 years | -23.36% | -25.43% | +2.07% |
Max Drawdown (10Y)Largest decline over 10 years | -23.36% | -33.92% | +10.56% |
Current DrawdownCurrent decline from peak | -2.10% | -1.80% | -0.30% |
Average DrawdownAverage peak-to-trough decline | -7.73% | -10.71% | +2.98% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.84% | 2.03% | -1.19% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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Financials
Financial Performance
The chart below illustrates the trends in the financial health of Blackrock Municipal 2030 Target Term Trust over time, highlighting three key metrics: Total Revenue, Earnings Before Interest and Taxes (EBIT), and Net Income.
Valuation
The Valuation section provides an overview of how Blackrock Municipal 2030 Target Term Trust is priced in the market compared to other companies in the Asset Management industry. It includes key financial ratios that help investors assess whether the stock is undervalued or overvalued.
PE Ratio
The chart displays the Price-to-Earnings (P/E) ratio for BTT, comparing it with other companies in the Asset Management industry. Currently, BTT has a P/E ratio of 12.1. This P/E ratio is in line with the industry average, suggesting the stock may be fairly valued relative to its earnings.
PS Ratio
This chart shows the Price-to-Sales (P/S) ratio for BTT relative to other companies in the Asset Management industry. Currently, BTT has a P/S ratio of 8.5. This P/S ratio is high relative to other companies in the industry. It could mean the stock is overvalued, or that investors expect strong future growth and profitability.
PB Ratio
The chart illustrates the Price-to-Book (P/B) ratio for BTT in comparison with other companies in the Asset Management industry. Currently, BTT has a P/B value of 0.9. This P/B ratio is in line with the industry average, suggesting the stock is valued fairly in relation to its book value.
Income Statement
| TTM | |
|---|---|
Revenue | — |
Total Revenue | — |
Cost Of Revenue | — |
Gross Profit | — |
Operating Expenses | — |
Selling, General & Admin Expenses | — |
R&D Expenses | — |
Depreciation And Amortization | — |
Total Operating Expenses | — |
Income | — |
Income Before Tax | — |
Operating Income | — |
EBITDA | — |
EBIT | — |
Earnings From Continuing Operations | — |
Net Income | — |
Income Tax Expense | — |
Other Non-Operating Income (Expenses) | — |
Extraordinary Items | — |
Discontinued Operations | — |
Effect Of Accounting Charges | — |
Non Recurring | — |
Minority Interest | — |
Other Items | — |
Interest Income | — |
Interest Expense | — |
Net Interest Income | — |
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