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
Blackrock Municipal Target Term Closed Fund (BTT) - Total Assets
Latest total assets as of July 2025: $2.40 Billion USD
Based on the latest financial reports, Blackrock Municipal Target Term Closed Fund (BTT) holds total assets worth $2.40 Billion USD as of July 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Blackrock Municipal Target Term Closed Fund - Total Assets Trend (2013–2025)
This chart illustrates how Blackrock Municipal Target Term Closed Fund’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Blackrock Municipal Target Term Closed Fund - Asset Composition Analysis
Current Asset Composition (July 2025)
Blackrock Municipal Target Term Closed Fund's total assets of $2.40 Billion consist of 1.0% current assets and 99.0% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0.0% |
| Accounts Receivable | $21.65 Million | 0.9% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2013–2025)
This chart illustrates how Blackrock Municipal Target Term Closed Fund's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Blackrock Municipal Target Term Closed Fund's current assets represent 1.0% of total assets in 2025, a decrease from 1.1% in 2013.
- Cash Position: Cash and equivalents constituted 0.0% of total assets in 2025, the same as 0.0% in 2013.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2013.
- Asset Diversification: The largest asset category is accounts receivable at 0.9% of total assets.
Blackrock Municipal Target Term Closed Fund Competitors by Total Assets
Key competitors of Blackrock Municipal Target Term Closed Fund based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Jindal Poly Investment and Finance Company Limited
NSE:JPOLYINVST
|
India | ₹16.78 Billion |
|
Gibui Holdings Ltd
TA:GIBUI
|
Israel | ILA445.00 Million |
|
Digital 9 Infrastructure PLC
LSE:DGI9
|
UK | GBX287.45 Million |
|
Angel Oak Financial Strategies Income Term Trust
NYSE:FINS
|
USA | $486.05 Million |
|
Global Data Centre Group
AU:GDC
|
Australia | AU$151.04 Million |
|
Hearts and Minds Investments Ltd
AU:HM1
|
Australia | AU$857.95 Million |
|
MainStay CBRE Global Infrastructure Megatrends Fund
NYSE:MEGI
|
USA | $1.07 Billion |
|
Nippon Active Value Fund Plc
LSE:NAVF
|
UK | GBX390.96 Million |
Blackrock Municipal Target Term Closed Fund - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - Blackrock Municipal Target Term Closed Fund generates 0.03x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, Blackrock Municipal Target Term Closed Fund generates $ 2.27 in net profit.
Blackrock Municipal Target Term Closed Fund - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.23 | 0.83 | 0.10 |
| Quick Ratio | 0.23 | 1.18 | 0.10 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-76.60 Million | $ -14.80 Million | $ -227.84 Million |
Blackrock Municipal Target Term Closed Fund - Advanced Valuation Insights
This section examines the relationship between Blackrock Municipal Target Term Closed Fund's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 0.94 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | -0.1% |
| Total Assets | $2.40 Billion |
| Market Capitalization | $206.75K USD |
Valuation Analysis
Below Book Valuation: The market values Blackrock Municipal Target Term Closed Fund's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Blackrock Municipal Target Term Closed Fund's assets decreased by 0.1% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Blackrock Municipal Target Term Closed Fund (2013–2025)
The table below shows the annual total assets of Blackrock Municipal Target Term Closed Fund from 2013 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-07-31 | $2.40 Billion | -0.13% |
| 2024-07-31 | $2.40 Billion | -3.35% |
| 2023-07-31 | $2.48 Billion | -9.45% |
| 2022-07-31 | $2.74 Billion | -5.96% |
| 2021-07-31 | $2.92 Billion | +1.58% |
| 2020-07-31 | $2.87 Billion | +1.74% |
| 2019-07-31 | $2.82 Billion | +4.67% |
| 2018-07-31 | $2.70 Billion | +0.95% |
| 2017-07-31 | $2.67 Billion | -5.16% |
| 2016-07-31 | $2.82 Billion | +10.73% |
| 2015-07-31 | $2.54 Billion | +2.12% |
| 2014-07-31 | $2.49 Billion | +5.41% |
| 2013-07-31 | $2.36 Billion | -- |