BTT CEF — Blackrock Municipal 2030 Target Term Trust

Blackrock Municipal 2030 Target Term Trust (BTT)

Updated November 12, 2026.

BTT is a CEF. Its distribution rate is 2.51%, its trailing-12-month yield is 2.70%. Dividend Vision Distribution Safety Score™ is 81/100 (Safe). Total return is 48.6% over the past 14.2 years, 535.2 points behind SPY at 583.8%.

At the current 2.51% distribution rate, a $10,000 investment would generate approximately $251 per year, or $20.92 per month.

BlackRock Municipal 2030 Target Term Trust is a closed-end fund that invests primarily in investment-grade municipal bonds exempt from regular federal income tax. The fund distributes income monthly at a modest current distribution rate and carries no publicly available expense ratio. It appeals to income-focused investors seeking tax-advantaged municipal bond exposure with regular monthly payouts.

BTT performance versus SPY

As of Nov 12, 2026

Total return is 48.6% over the past 14.2 years, 535.2 points behind SPY at 583.8%. Over the past year its total return — price change plus distributions reinvested — is 0.7%. Its deepest 1-year drawdown was 6.2%.

BTT key facts

Distribution Safety Score™

81 · Safe

Safety-Adjusted Yield

2.03%

Issuer

BlackRock

Asset type

CEF

Asset class

Fixed Income

Inception date

08/29/2012

Distribution rate

2.51%

Distribution frequency

Monthly

Trailing yield

2.70%

5-year average yield

2.86

Last close

$22.17 (as of 2026-11-12)

NAV

N/A

Premium / discount

Premium not shown · NAV date unknown

Market cap

$1,432,208,000

Average volume

106,775

Dividend

$0.0464

Ex-dividend date

11/13/2026

Payment date

12/01/2026

Beta

0.468

Expense ratio and AUM unavailable in this published snapshot. Missing values do not mean zero or complete coverage. ?

How Dividend Vision calculates yield and returns

Distribution rate (2.51%) uses latest regular dividend ($0.0464) × 12 ÷ market price dated 2026-11-12; one-off specials excluded; identified recurring supplementals included. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (2.70%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: BlackRock; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

BTT risks and drawbacks

BTT's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 6.2%.

Who may consider BTT — and who may not

BTT may suit someone looking for a high Distribution Safety Score, moderate current income with a quality tilt. It is a weaker fit for investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

More on BTT

• CEFs going ex-dividend this week
• BlackRock upcoming distributions
• All tickers starting with B

Frequently asked questions

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