BlackRock Municipal 2030 Target Term Trust (BTT)

• Market cap: $1.34B
• 1 day: -0.29%
• 5 days: -2.29%
• 1 month: -2.61%
• 3 months: -4.83%
• 6 months: -0.34%
• Year to date: -1.54%
• 1 year: -0.77%
• 5 years: -14.66%
• 10 years: 2.19%

About: Blackrock Municipal 2030 Target Term Trust is a United States-based closed-end management investment company. The investment objective of the company is to provide current income exempt from regular federal income tax and to return $25.00 per common share to holders of common shares. The trust seeks to achieve its investment objectives by investing a majority of its assets in municipal bonds exempt from U.S. federal income taxes.

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

50% more funds holding in top 10

Funds holding in top 10: 2 [Q2] → 3 (+1) [Q3]

2% more capital invested

Capital invested by funds: $461M [Q2] → $469M (+$8.23M) [Q3]

0% more repeat investments, than reductions

Existing positions increased: 41 | Existing positions reduced: 41

0.7% less ownership

Funds ownership: 33.84% [Q2] → 33.14% (-0.7%) [Q3]

1% less funds holding

Funds holding: 126 [Q2] → 125 (-1) [Q3]

8% less first-time investments, than exits

New positions opened: 12 | Existing positions closed: 13