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BTT
Upturn stock ratingUpturn stock rating

Blackrock Municipal Target Term Closed Fund (BTT)

Upturn stock ratingUpturn stock rating
$21.89
Last Close (24-hour delay)
Profit since last BUY3.16%
upturn advisory
Consider higher Upturn Star rating
BUY since 36 days
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
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Upturn Stock infoUpturn Stock info Stock price based on last close
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Upturn Advisory Summary

06/30/2025: BTT (1-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

rating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Number of Analysts

rating

Analysts rated it

Very few follow this stock; limited insights, higher-risk early investing.

1 Year Target Price $0

1 Year Target Price $0

Analysts Price Target For last 52 week
$0Target price
Low$
Current$21.89
high$

Analysis of Past Performance

Type Stock
Historic Profit 6.47%
Avg. Invested days 46
Today’s Advisory Consider higher Upturn Star rating
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 4.0
Stock Returns Performance Upturn Returns Performance 2.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 06/30/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 1.42B USD
Price to earnings Ratio 36.1
1Y Target Price -
Price to earnings Ratio 36.1
1Y Target Price -
Volume (30-day avg) -
Beta 0.45
52 Weeks Range 20.02 - 21.75
Updated Date 06/29/2025
52 Weeks Range 20.02 - 21.75
Updated Date 06/29/2025
Dividends yield (FY) 2.57%
Basic EPS (TTM) 0.6

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin 41.34%
Operating Margin (TTM) 80.06%

Management Effectiveness

Return on Assets (TTM) 1.8%
Return on Equity (TTM) 2.16%

Valuation

Trailing PE 36.1
Forward PE -
Enterprise Value 2205477376
Price to Sales(TTM) 17.12
Enterprise Value 2205477376
Price to Sales(TTM) 17.12
Enterprise Value to Revenue 39.16
Enterprise Value to EBITDA -
Shares Outstanding 65612000
Shares Floating -
Shares Outstanding 65612000
Shares Floating -
Percent Insiders -
Percent Institutions 38.76

Analyst Ratings

Rating -
Target Price -
Buy -
Strong Buy -
Buy -
Strong Buy -
Hold -
Sell -
Strong Sell -
Strong Sell -

ai summary icon Upturn AI SWOT

Blackrock Municipal Target Term Closed Fund

stock logo

Company Overview

overview logo History and Background

BlackRock Municipal Target Term Trust Inc. (BTT) is a closed-end management investment company. It was formed to seek to provide current income exempt from federal income tax and to return the original capital investment upon termination of the trust on or about December 31, 2030.

business area logo Core Business Areas

  • Investment Management: Manages a portfolio of municipal securities seeking federal income tax-exempt current income with a target termination date.

leadership logo Leadership and Structure

BlackRock Advisors, LLC serves as the investment advisor. The fund is overseen by a board of directors and managed by BlackRock portfolio managers.

Top Products and Market Share

overview logo Key Offerings

  • Municipal Bond Portfolio: A diversified portfolio of municipal bonds designed to provide tax-exempt income and return of capital at the target termination date. Market share data is not directly applicable as BTT is a closed-end fund competing with similar funds for investor capital, rather than market share of a specific product. Competitors include other closed-end municipal bond funds.

Market Dynamics

industry overview logo Industry Overview

The municipal bond market is influenced by factors such as interest rates, tax policy, credit quality, and economic conditions. Demand for tax-exempt income typically increases during periods of high tax rates.

Positioning

BTT is positioned as a target term closed-end fund, offering investors a defined exit strategy and focus on capital preservation by the target term date. Its competitive advantage lies in BlackRock's investment expertise and the fund's structure.

Total Addressable Market (TAM)

The total addressable market is the overall municipal bond market, which is trillions of dollars. BTT's position is a niche within this market, catering to investors seeking tax-exempt income and a defined term investment.

Upturn SWOT Analysis

Strengths

  • Experienced management team (BlackRock)
  • Defined termination date
  • Focus on tax-exempt income
  • Diversified portfolio

Weaknesses

  • Closed-end fund structure can lead to trading at a discount to NAV
  • Sensitivity to interest rate changes
  • Management fees reduce returns
  • Reliance on BlackRock's investment performance

Opportunities

  • Increasing demand for tax-exempt income in a rising tax environment
  • Potential for capital appreciation as the termination date approaches
  • Expansion of investment mandate to include new municipal bond sectors
  • Increased investor awareness of target term funds

Threats

  • Rising interest rates
  • Changes in tax policy
  • Credit downgrades of municipal issuers
  • Market volatility
  • Increased competition from other municipal bond funds

Competitors and Market Share

competitor logo Key Competitors

  • NUV
  • MUB
  • VTEB

Competitive Landscape

BTT competes with other closed-end and exchange-traded municipal bond funds. Its target term structure differentiates it from perpetual funds. Its expense ratios and management expertise are key competitive factors.

Growth Trajectory and Initiatives

Historical Growth: Growth is primarily driven by asset appreciation and reinvestment of distributions. Historical data depends on market conditions.

Future Projections: Future projections depend on interest rates, credit spreads, and market demand for municipal bonds. Analyst estimates are not directly applicable to closed-end funds like BTT.

Recent Initiatives: Recent initiatives focus on managing the portfolio to achieve the target termination date and maintaining a competitive distribution yield.

Summary

BlackRock Municipal Target Term Trust (BTT) is a closed-end fund that seeks tax-exempt income and return of capital by a specific date. Its strengths lie in its experienced management and target-term structure. Weaknesses include potential discounts to NAV and sensitivity to interest rate changes. BTT should monitor tax policy changes and credit quality to ensure investor value.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • BlackRock Fund Fact Sheet
  • SEC Filings
  • Morningstar

Disclaimers:

Data is for informational purposes only and does not constitute investment advice. Market share data is estimated and may not be precise.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Blackrock Municipal Target Term Closed Fund

Exchange NYSE
Headquaters New York, NY, United States
IPO Launch date 2012-08-30
CEO -
Sector Financial Services
Industry Asset Management
Full time employees -
Full time employees -

Blackrock Municipal 2030 Target Term Trust is a closed end fixed income mutual fund launched by BlackRock, Inc. The fund is managed by by BlackRock Advisors, LLC. It invests in fixed income markets. The fund invests primarily in investment grade municipal bonds that are exempt from regular federal income tax. It was formerly known as BlackRock Municipal Target Term Trust. Blackrock Municipal 2030 Target Term Trust was formed on August 30, 2012 and is domiciled in the United States.