BTT News and Press, BlackRock Municipal 2030 Target Term Trust From 02/16/21

The tax-exempt CEF sector has proven to be relatively resilient over the past year, generating attractive absolute and risk-adjusted returns. We take a look at the sector and, in particular, focus on the two key allocation dimensions for investors: Duration and credit risk. We als...

I have recently covered several Municipal Bond CEFs as their risk-reward profiles looked good, especially when tax rates appear to be going up. BTT is not one of them. My understanding is any CEF using the verbiage 'Target Term' means most assets held mature near the termination date....

Tax-exempt bonds have been a staple of tax-efficient income portfolios for a long time. We take a look at some of the key investment dimensions that underlie the construction of a tax-exempt portfolio. Democrat control of the Senate increases the likelihood of both muni fiscal sup...

Allocating to municipal bonds can be a fraught proposition of having to choose duration, credit quality, investment vehicle and other investment characteristics. This is why many investors short-circuit this process by choosing CEFs of a fund company they are familiar with. We tak...

Municipal bonds are still looking like a compelling piece of the CEF market despite the prospect of higher interest rates. For munis, remember it's the spread between borrowing costs (for leverage) and earnings on that borrowed money that matters most for sustainable distributions. ...

Written by Nick Ackerman, co-produced by Stanford Chemist Municipal bond funds are a great way to gain exposure to a diversified portfolio of these fixed-income assets. These assets provide a safer income, second only to U.S. treasuries for those that live in the U.S. The primary driver ...

Municipal Market Overview We have made no secret that the municipal bond sector is one of our favorites. It has been hard to feel confident in this space in the last couple of months due to both liquidity concerns at the outset and credit concerns more recently. Munis were hit by the thoug...

In a recent article we discussed CEF sector distribution profiles and why we were leaning to those sectors that are likely to boast more resilient earnings and hence distributions. In this article we take a more micro perspective and take a look at fund-level distribution and, more specificall...

(This report was published on April 29 to members of Yield Hunting. All data herein is from that date except the commentary in the update near the end.) Both Blackrock and Nuveen have reported their UNII and coverage data for March. The data is a bit different as the Nuveen muni CEFs sho...

BlackRock Municipal 2030 Target Term Trust (NYSE: BTT ) declares $0.0624/share monthly dividend , in line with previous. Forward yield 3.35% Payable June 1; for shareholders of record May 15; ex-div May 14. Press Release See BTT Dividend Scorecard, Yield Chart, & Dividend ...