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. Check how strategically is Blackrock Municipal Target Term Closed F's equity deployed to assess the company's strategic physical and investment asset allocation.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2016–2024)
This chart shows how Blackrock Municipal Target Term Closed Fund's Asset Resilience Ratio has changed over time. See how leveraged is Blackrock Municipal Target Term Closed F's balance sheet to measure how much of total assets are equity-financed.
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 market capitalisation and broader financial context, see how much is Blackrock Municipal Target Term Closed F worth.
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 |
|---|---|---|
|
Metrics Master Income Trust
AU:MXT |
Asset Management | 0.14% |
|
Northern Trust Corporation
NASDAQ:NTRS |
Asset Management | 6.11% |
|
Principal Financial Group Inc
NASDAQ:PFG |
Asset Management | 8.30% |
|
Industrivarden AB ser. C
ST:INDU-C |
Asset Management | 0.16% |
|
Sprott Physical Gold and Silver Trust
TO:CEF |
Asset Management | 99.66% |
|
Anxin Trust Co Ltd
SHG:600816 |
Asset Management | 36.21% |
|
Norte Grande
SN:NORTEGRAN |
Asset Management | 0.00% |
|
Sprott Inc.
TO:SII |
Asset Management | 1.84% |
Annual Asset Resilience Ratio for Blackrock Municipal Target Term Closed Fund (2016–2024)
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 | -- |
About Blackrock Municipal Target Term Closed Fund
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