# BlackRock Municipal 2030 Target Term Trust (BTT) fundamentals

Data as of 2026-11-04. NYSE, United States. Sector: Financial Services / Capital Markets. Price $22.35, market value $1.4 billion.

## Valuation
- **P/E (trailing): 29.4×** (5-yr avg 22.1×, 3-yr avg 22.1×). BlackRock Municipal 2030 Target Term Trust trades at 29.4× trailing earnings, well above its own five-year average of 22.1×: investors are paying up relative to the company's past. The Financial Services median in the September 2026 study was 13.1×.
- **Price / sales: 26.0×**. Each dollar of revenue is priced at 26.0×, a level that requires very high margins or very fast growth to justify.
- **Price / book: 0.9×**. The shares trade below book value, which can signal a bargain or a balance sheet the market doubts.
- **Free-cash-flow yield: 2.9%** (5-yr avg 11.8%). Free cash flow equals 2.9% of the market value, below its five-year average of 11.8%, so the shares are pricier on cash than usual.
- **Earnings yield: 3.4%**. The inverse of the P/E: 3.4% of the price is earned each year.

## Profitability
- **Net margin: 87.6%**. 87.6% of each dollar of sales reaches the bottom line.
- **Return on equity: 3.1%**. 3.1% on shareholders' equity is weak; the business earns little on the capital its owners have in it.
- **Return on assets: 2.0%**. Each dollar of assets produces 2.0% of profit; low single digits are normal for banks and insurers.

## Growth
- **Revenue growth (1 yr): 15.6%**. Revenue grew 15.6% over the last year.
- **Free-cash-flow growth (3 yr): -11.5%/yr**. Free cash flow has compounded at -11.5% a year over three years.

## Dividends
- **Dividend yield: 2.49%** ($0.56 per share, trailing). BlackRock Municipal 2030 Target Term Trust yields 2.49%, a modest yield more typical of a growth-oriented payer.
- **Payout ratio: 68%** (81% of free cash flow). 68% of earnings goes out as dividends, leaving room to keep raising it.
- **Consecutive years of increases: 1**. 1 straight year of increases.
- **Dividend growth (5 yr): -5.8%/yr** (1-yr 0.0%). The dividend has not grown over five years.
- **Shareholder yield: 3.0%**. Dividends plus net buybacks return 3.0% of the market value a year.

## Price and momentum
- **Total return (1 yr): 0.3%** (YTD -0.8%, 3-mo -0.6%). The shares are up 0.3% over twelve months including dividends.
- **From 52-week high: -3.8%** (4.9% above the low). Trading within 5% of its 52-week high.
- **200-day average: below**. The price sits below its 200-day moving average, the usual definition of a downtrend.
- **RSI (14-day): 62**. An RSI of 62 is neutral.
- **Beta (1 yr): 0.16** (volatility 7%). Beta of 0.16 against the S&P 500: the shares move much less than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=BTT · Page: https://foliofundamentals.com/stocks/btt

Not investment advice.
