BlackRock Municipal 2030 Target Term Trust (BTT) falls -0.3090% for June 16

Equities Staff  |

BlackRock Municipal 2030 Target Term Trust (NYSE: BTT) shares fell -0.3090% to end trading Wednesday at $25.80 per share - a net change of $-0.08. Shares traded between $25.90 and $25.78 throughout the day.

About BlackRock Municipal 2030 Target Term Trust

BlackRock Municipal Target Term Trust’s (BTT) (the 'Trust') investment objectives are to provide current income exempt from regular federal income tax (but which may be subject to the federal alternative minimum tax in certain circumstances) and to return $25.00 per common share (the initial offering price per share) to holders of common shares on or about December 31, 2030. The Trust seeks to achieve its investment objectives by investing at least 80% of its assets in municipal bonds exempt from federal income taxes (except that the interest may be subject to the federal alternative minimum tax). The Trust invests at least 80% of its assets in municipal bonds that are investment grade quality at the time of investment. The Trust actively manages the maturity of its bonds to seek to have a dollar weighted average effective maturity approximately equal to the Trust’s maturity date. The Trust may invest directly in such securities or synthetically through the use of derivatives.

Visit BlackRock Municipal 2030 Target Term Trust’s profile for more information.

About The New York Stock Exchange

The New York Stock Exchange is the world’s largest stock exchange by market value at over $26 trillion. It is also the leader for initial public offerings, with $82 billion raised in 2020, including six of the seven largest technology deals. 63% of SPAC proceeds in 2020 were raised on the NYSE, including the six largest transactions.

To get more information on BlackRock Municipal 2030 Target Term Trust and to follow the company’s latest updates, you can visit the company’s profile page here: BlackRock Municipal 2030 Target Term Trust’s Profile. For more news on the financial markets be sure to visit Equities News. Also, don’t forget to sign-up for the Daily Fix to receive the best stories to your inbox 5 days a week.

Sources: Chart is provided by TradingView based on 15-minute-delayed prices. All other data is provided by IEX Cloud as of 8:05 pm ET on the day of publication.

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