Blackrock Municipal Target Term Closed Fund (BTT) — Defensive Interval Ratio
Blackrock Municipal Target Term Closed Fund (BTT) has a Defensive Interval Ratio of 8759 days as of January 2026. Defensive assets of $27.69 Million (cash $-, short-term investments $-, receivables $27.69 Million) cover 8759 days of daily cash needs of $3.16K/day. Check tangible net worth ratio of Blackrock Municipal Target Term Closed F to evaluate the tangible quality of the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Blackrock Municipal Target Term Closed Fund Defensive Interval Ratio (2013–2025)
This chart shows how Blackrock Municipal Target Term Closed Fund's Defensive Interval Ratio has evolved across 13 annual periods from 2013 to 2025. As of January 2026, the ratio stands at 8759 days, meaning defensive assets of $27.69 Million can fund 8759 days of operations without new revenue. Also explore Blackrock Municipal Target Term Closed F annual equity growth to track the company's year-over-year net asset growth rate.
Annual Defensive Interval Ratio for Blackrock Municipal Target Term Closed Fund (2013–2025)
The table below presents the year-by-year Defensive Interval Ratio for Blackrock Municipal Target Term Closed Fund from 2013 to 2025, covering 13 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. For live market cap and the full company financial profile, see Blackrock Municipal Target Term Closed F (BTT) market capitalisation.
| Year | DIR (days) | Defensive Assets (USD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2025 | 79 days | $21.65 Million | $272.79K/day | $- | $- | ▼ -222 days |
| 2024 | 301 days | $70.36 Million | $233.43K/day | $- | $50.25 Million | ▼ -9078 days |
| 2023 | 9379 days | $109.82 Million | $11.71K/day | $- | $88.18 Million | ▲ +8702 days |
| 2022 | 677 days | $99.74 Million | $147.24K/day | $- | $53.02 Million | ▼ -3021 days |
| 2021 | 3698 days | $75.51 Million | $20.42K/day | $- | $50.95 Million | ▼ -2315 days |
| 2020 | 6013 days | $78.89 Million | $13.12K/day | $- | $53.79 Million | ▲ +3314 days |
| 2019 | 2699 days | $41.82 Million | $15.49K/day | $0.00 | $16.23 Million | ▲ +2630 days |
| 2018 | 69 days | $53.36 Million | $773.70K/day | $0.00 | $26.80 Million | ▼ -41 days |
| 2017 | 110 days | $73.09 Million | $664.38K/day | $0.00 | $47.76 Million | ▼ -46 days |
| 2016 | 156 days | $119.21 Million | $763.11K/day | $0.00 | $96.81 Million | ▲ +106 days |
| 2015 | 50 days | $26.16 Million | $525.66K/day | $- | $- | ▲ +2 days |
| 2014 | 48 days | $25.25 Million | $523.42K/day | $- | $- | ▲ +16 days |
| 2013 | 32 days | $25.86 Million | $799.05K/day | $- | $- | — |