BlackRock Municipal 2030 Target Term Trust (BTT)
FairStock Score: 49/100 — MIXED
Key Financials
| Current Price | $21.95 |
| Market Cap | $1.5B |
| P/E Ratio | 15.91 |
| ROE | 5.29% |
| Dividend Yield | 2.51% |
| Sector | Financial Services |
AI Analysis
AI-generated, general educational analysis — not personal investment advice.
As a value investor, I start by asking what I own. BTT is not an operating business but a closed-end municipal bond fund, holding mostly investment-grade debt exempt from regular federal income tax, managed by BlackRock and due to terminate in 2030. The appeal is steadiness: beta of 0.46, dividend yield 2.51%, and a $1.5B market cap. The price of $21.76 on 2026-10-13 sits near the low end of the 52-week range of $21.30-$23.24. FairStock calculations show P/B 0.88, P/E 15.77, ROE 5.29%, ROCE 1.72%, and D/E 0.53. The discount to book and Graham Number of $27.75, a 21.59% margin of safety, suggest some value, but the quality signals are poor: Piotroski F-Score 1/9, Altman Z-Score 1.06, FairStock Score 49/100. Revenue and profit growth are not available. The Lynch category is none because only zero years of filed results are present, needing three. Competitive moat? BlackRock's scale and municipal expertise are meaningful, but a bond fund's returns are largely driven by interest rates, credit, and leverage, not a durable pricing advantage. Growth trajectory is limited; this is a target-term fund, not a compounder. The tax-exempt income and low sensitivity are attractive, but the weak financial-strength scores and modest ROE/ROCE argue for caution. A bargain case would require the discount to narrow and credit and leverage to stay benign.
In plain English: BlackRock Municipal 2030 Target Term Trust is a closed-end fund that owns mostly investment-grade U.S. municipal bonds, aims to provide tax-exempt income, and is set to end in 2030. The fund looks mixed: it trades below its stated book value, but its return and financial-strength measures are weak in the provided data. At $21.76, the price is somewhat below a long-term value estimate, but not so much that it clearly looks cheap.
The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.
Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash
Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer