Blackrock Municipal Target Term Closed Fund (BTT) — Cash Flow Quality Index

Latest as of January 2026: 0.54x

Blackrock Municipal Target Term Closed Fund (BTT) has a Cash Flow Quality Index of 0.54x as of January 2026. Operating cash flow of $28.81 Million is below net income of $53.57 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore long-term investment intensity of Blackrock Municipal Target Term Closed F to see how much of total assets are deployed in long-term investments.

Cash Flow Quality Index

0.54x
Operating CF / Net Income

Operating Cash Flow

$28.81 Million
USD

Net Income

$53.57 Million
USD

Data as of

Jan 2026
Most recent filing

Blackrock Municipal Target Term Closed Fund Cash Flow Quality Index (2014–2025)

Historical Cash Flow Quality Index for Blackrock Municipal Target Term Closed Fund across 9 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check BTT intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Annual Cash Flow Quality Index for Blackrock Municipal Target Term Closed Fund (2014–2025)

Year-by-year earnings quality comparison for Blackrock Municipal Target Term Closed Fund. For live market cap and the full company financial profile, see Blackrock Municipal Target Term Closed F stock valuation.

Year Quality Index Operating CF (USD) Net Income YoY Change
2025 1.11x $60.49 Million $54.45 Million ▼ -62.3%
2024 2.95x $137.43 Million $46.65 Million ▲ +348.8%
2021 0.66x $81.36 Million $123.95 Million ▲ +28.1%
2020 0.51x $52.76 Million $102.93 Million ▲ +83.0%
2019 0.28x $53.87 Million $192.34 Million ▲ +174.4%
2018 -0.38x $-17.11 Million $45.47 Million ▼ -217.5%
2016 0.32x $81.53 Million $254.50 Million ▼ -43.3%
2015 0.56x $67.64 Million $119.72 Million ▲ +1.3%
2014 0.56x $171.09 Million $306.89 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.