Blackrock Municipal Target Term Closed Fund (BTT) — Net Asset Quality Index
Blackrock Municipal Target Term Closed Fund (BTT) has a Net Asset Quality Index of 65.3% as of January 2026. This metric measures the proportion of total assets financed by shareholders' equity — total assets of $2.42 Billion minus total liabilities of $838.63 Million yields net assets of $1.58 Billion. A higher index indicates a stronger, lower-leverage balance sheet. See operational self-sufficiency of Blackrock Municipal Target Term Closed F to measure how many days the company can operate on defensive assets alone.
Quality Index
Net Assets
Total Assets
Total Liabilities
Blackrock Municipal Target Term Closed Fund Net Asset Quality Index Over Time (2013–2025)
This chart shows how Blackrock Municipal Target Term Closed Fund's Net Asset Quality Index has evolved across 13 annual periods from 2013 to 2025. As of January 2026, the index stands at 65.3%, representing net assets of $1.58 Billion against total assets of $2.42 Billion USD. Explore BTT cash flow conversion to assess how effectively this company generates cash.
Annual Net Asset Quality Index for Blackrock Municipal Target Term Closed Fund (2013–2025)
The table below presents the year-by-year Net Asset Quality Index for Blackrock Municipal Target Term Closed Fund from 2013 to 2025, covering 13 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For market capitalisation and the full company profile, see BTT stock market capitalisation.
| Year | Quality Index | Net Assets (USD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 64.6% | $1.55 Billion | $2.40 Billion | $849.52 Million | ▼ -0.6 pp |
| 2024 | 65.2% | $1.57 Billion | $2.40 Billion | $835.00 Million | ▼ -34.6 pp |
| 2023 | 99.8% | $2.48 Billion | $2.48 Billion | $4.27 Million | ▲ +37.5 pp |
| 2022 | 62.4% | $1.71 Billion | $2.74 Billion | $1.03 Billion | ▼ -37.4 pp |
| 2021 | 99.7% | $2.91 Billion | $2.92 Billion | $7.45 Million | ▼ -0.1 pp |
| 2020 | 99.8% | $2.87 Billion | $2.87 Billion | $4.79 Million | ▲ +0.0 pp |
| 2019 | 99.8% | $2.82 Billion | $2.82 Billion | $5.65 Million | ▲ +38.1 pp |
| 2018 | 61.7% | $1.67 Billion | $2.70 Billion | $1.03 Billion | ▼ -1.1 pp |
| 2017 | 62.9% | $1.68 Billion | $2.67 Billion | $992.07 Million | ▼ -0.6 pp |
| 2016 | 63.5% | $1.79 Billion | $2.82 Billion | $1.03 Billion | ▲ +0.5 pp |
| 2015 | 63.0% | $1.60 Billion | $2.54 Billion | $941.87 Million | ▲ +0.8 pp |
| 2014 | 62.2% | $1.55 Billion | $2.49 Billion | $941.05 Million | ▲ +6.3 pp |
| 2013 | 55.9% | $1.32 Billion | $2.36 Billion | $1.04 Billion | — |