NYSE:BTT

Stock Analysis Report

Blackrock Municipal 2030 Target Term Trust

Executive Summary

Blackrock Municipal 2030 Target Term Trust is a closed end fixed income mutual fund launched by BlackRock, Inc.


Snowflake Analysis

Share Price & News

How has Blackrock Municipal 2030 Target Term Trust's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: BTT has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-0.7%

BTT

1.7%

US Capital Markets

1.5%

US Market


1 Year Return

12.1%

BTT

19.0%

US Capital Markets

20.1%

US Market

Return vs Industry: BTT underperformed the US Capital Markets industry which returned 19% over the past year.

Return vs Market: BTT underperformed the US Market which returned 20.1% over the past year.


Shareholder returns

BTTIndustryMarket
7 Day-0.7%1.7%1.5%
30 Day0.2%0.5%1.4%
90 Day3.3%8.6%8.7%
1 Year15.8%12.1%21.4%19.0%22.7%20.1%
3 Year21.5%9.0%40.0%32.1%50.1%40.5%
5 Year42.1%16.8%83.6%66.5%73.1%54.1%

Price Volatility Vs. Market

How volatile is Blackrock Municipal 2030 Target Term Trust's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Blackrock Municipal 2030 Target Term Trust undervalued compared to its fair value and its price relative to the market?


In this section, we usually try to help investors determine whether Blackrock Municipal 2030 Target Term Trust is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Blackrock Municipal 2030 Target Term Trust has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.

Future Growth

How is Blackrock Municipal 2030 Target Term Trust forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

8.4%

Forecasted Diversified Financials industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Blackrock Municipal 2030 Target Term Trust has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.

Past Performance

How has Blackrock Municipal 2030 Target Term Trust performed over the past 5 years?

16.6%

Historical Diversified Financials annual earnings growth


In this section we usually display a company’s past earnings and revenues to help investors visualise the trend through time. We also gauge the company’s performance by benchmarking its returns and growth to its industry peers and the wider market. However, Blackrock Municipal 2030 Target Term Trust has not provided sufficient past data to assess its track record.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have historical data.

Financial Health

How is Blackrock Municipal 2030 Target Term Trust's financial position? (This company is analysed differently as a bank or financial institution)


In this section we usually analyse Blackrock Municipal 2030 Target Term Trust's finance health to determine how well-positioned it is against times of financial distress, in particular, its ability to manage its cash and debt levels. Blackrock Municipal 2030 Target Term Trust has not provided adequate balance sheet data, its financial health cannot be properly assessed as it.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have financial information.

Dividend

What is Blackrock Municipal 2030 Target Term Trust's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%1.4%markettop25%3.7%industryaverage1.9%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: Unable to evaluate BTT's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate BTT's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if BTT's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if BTT's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of BTT's dividend in 3 years as they are not forecast to pay a notable one for the US market.

Management

How experienced are the management team and are they aligned to shareholders interests?

13.1yrs

Average board tenure


CEO

Blackrock Municipal 2030 Target Term Trust has no CEO, or we have no data on them.


Board Members

NamePositionTenureCompensationOwnership
Paul Audet
Interested Trustee9.1yrsno datano data
Richard Cavanagh
Chairman13.1yrsUS$15.87k0.00075% $0
Frank Fabozzi
Non-Interested Trustee32.1yrsUS$12.86kno data
Kathleen Feldstein
Non-Interested Trustee15.1yrsUS$10.05kno data
W. Kester
Non-Interested Trustee22.1yrsUS$12.06k0.00014% $0
Jerrold Harris
Non-Interested Trustee13.1yrsUS$10.85kno data
Karen Robards
Vice Chairperson13.1yrsUS$15.08kno data
James Flynn
Non-Interested Trustee24.1yrsUS$11.06kno data
Michael Castellano
Non-Interested Trustee9.1yrsUS$11.06k0.0011% $0
Robert Hubbard
Non-Interested Trustee13.1yrsUS$10.45kno data

13.1yrs

Average Tenure

72yo

Average Age

Experienced Board: BTT's board of directors are seasoned and experienced ( 13.1 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Insufficient data to determine if shareholders have been diluted in the past year.


Top Shareholders

Company Information

Blackrock Municipal 2030 Target Term Trust's company bio, employee growth, exchange listings and data sources


Key Information


Location

  • Blackrock Municipal 2030 Target Term Trust
  • 100 Bellevue Parkway
  • Wilmington
  • Delaware
  • 19809
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
BTTNYSE (New York Stock Exchange)YesCOM SHS BEN INUSUSDAug 2012

Biography

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. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/17 00:26
End of Day Share Price2020/02/14 00:00
EarningsN/A
Annual EarningsN/A


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.