Blackrock Municipal Target Term Closed Fund Asset Resilience Ratio

Latest as of July 2024: 2.09%

Blackrock Municipal Target Term Closed Fund asset resilience ratio. Blackrock Municipal Target Term Closed Fund (BTT) has an Asset Resilience Ratio of 2.09% as of July 2024. The Asset Resilience Ratio measures the percentage of a company's total assets that are held in liquid form (cash and short-term investments). This metric indicates how well-positioned the company is to handle unexpected financial challenges, economic downturns, or strategic opportunities without requiring external financing. See BTT cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.

Liquid Assets

$50.25 Million
Cash + Short-term Investments

Total Assets

$2.40 Billion
All company assets

Resilience Assessment

Low
Financial Resilience Level

Asset Resilience Ratio of Blackrock Municipal Target Term Closed Fund (2016–2024)

Asset resilience ratio of Blackrock Municipal Target Term Closed Fund from 2016 to 2024. This chart shows how Blackrock Municipal Target Term Closed Fund's Asset Resilience Ratio has changed over time. Read Blackrock Municipal Target Term Closed F (BTT) total liabilities for a breakdown of total debt and financial obligations.

Liquid Assets Composition Over Time

This chart breaks down Blackrock Municipal Target Term Closed Fund's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. For the complete balance sheet picture, see balance sheet size of Blackrock Municipal Target Term Closed F.

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents $0.00 0%
Short-term Investments $50.25 Million 2.09%
Total Liquid Assets $50.25 Million 2.09%

Asset Resilience Insights

  • Limited Liquidity: Blackrock Municipal Target Term Closed Fund maintains only 2.09% of assets in liquid form.
  • This low level may indicate efficient asset utilization but could pose risks during economic downturns.
  • The company has significant short-term investments, indicating active treasury management.

Blackrock Municipal Target Term Closed Fund Industry Peers by Asset Resilience Ratio

Compare Blackrock Municipal Target Term Closed Fund's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
Sherborne Investors Guernsey C Ltd
LSE:SIGC
Asset Management 4.26%
Julius Baer Gruppe AG
SW:BAER
Asset Management 15.49%
Caitong Securities Co Ltd
SHG:601108
Asset Management 13.57%
Argo Investments Ltd
AU:ARG
Asset Management 0.46%
Anxin Trust Co Ltd
SHG:600816
Asset Management 36.21%
Investco Holding AS
IS:INVES
Asset Management 11.35%
Shaanxi International Trust Co Ltd
SHE:000563
Asset Management 12.83%
A.F.P. Habitat
SN:HABITAT
Asset Management 7.59%

Blackrock Municipal Target Term Closed Fund Asset Resilience Ratio by Year (2016–2024)

Blackrock Municipal Target Term Closed Fund asset resilience ratio by year from 2016 to 2024. The table below shows the annual Asset Resilience Ratio data for Blackrock Municipal Target Term Closed Fund.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2024-07-31 2.09% $50.25 Million $2.40 Billion -1.46pp
2023-07-31 3.55% $88.18 Million $2.48 Billion +1.62pp
2022-07-31 1.93% $53.02 Million $2.74 Billion +0.19pp
2021-07-31 1.75% $50.95 Million $2.92 Billion -0.13pp
2020-07-31 1.87% $53.79 Million $2.87 Billion +1.30pp
2019-07-31 0.57% $16.23 Million $2.82 Billion -0.42pp
2018-07-31 0.99% $26.80 Million $2.70 Billion -0.79pp
2017-07-31 1.79% $47.76 Million $2.67 Billion -1.65pp
2016-07-31 3.44% $96.81 Million $2.82 Billion --
pp = percentage points

About Blackrock Municipal Target Term Closed Fund

NYSE:BTT USA Asset Management
Market Cap
$1.42 Billion
Market Cap Rank
#7302 Global
#2245 in USA
Share Price
$22.32
Change (1 day)
+0.04%
52-Week Range
$21.42 - $23.07
All Time High
$24.05
About

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… Read more