BTT (Blackrock Municipal 2030 Target Term Trust) Effective Interest Rate on Debt %: 27.35% (As of Jan. 2026)


BTT Blackrock Municipal 2030 Target Term Trust BTT
34 GF Score
Price $22.79
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What is Blackrock Municipal 2030 Target Term Trust Effective Interest Rate on Debt %?

Blackrock Municipal 2030 Target Term Trust BTT -0.65% 34 Effective Interest Rate on Debt % is 27.35% as of Jan. 2026. GuruFocus rates BTT with a GF Score™ of 34/100. The stock has 4 warning signs investors should review.

Effective Interest Rate on Debt % is the usage rate that a borrower actually pays on a debt. It is calculated as the positive value of Interest Expense divided by its average total debt. Total debt equals to Long-Term Debt & Capital Lease Obligation plus Short-Term Debt & Capital Lease Obligation. Blackrock Municipal 2030 Target Term Trust's annualized positive value of Interest Expense for the quarter that ended in Jan. 2026 was $22.97 Mil. Blackrock Municipal 2030 Target Term Trust's average total debt for the quarter that ended in Jan. 2026 was $83.99 Mil. Therefore, Blackrock Municipal 2030 Target Term Trust's annualized Effective Interest Rate on Debt % for the quarter that ended in Jan. 2026 was 27.35%.


Blackrock Municipal 2030 Target Term Trust  (NYSE:BTT) Effective Interest Rate on Debt % Explanation

Effective Interest Rate on Debt % measures the usage rate that a borrower actually pays on a debt.


Blackrock Municipal 2030 Target Term Trust Effective Interest Rate on Debt % Related Terms


Blackrock Municipal 2030 Target Term Trust Effective Interest Rate on Debt % Historical Data

* Premium members only.

The historical data trend for Blackrock Municipal 2030 Target Term Trust's Effective Interest Rate on Debt % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Blackrock Municipal 2030 Target Term Trust Effective Interest Rate on Debt % Chart

Blackrock Municipal 2030 Target Term Trust Annual Data
Trend Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only 2.74 4.02 20.87 52.99 33.68

Blackrock Municipal 2030 Target Term Trust Semi-Annual Data
Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24 Jan25 Jul25 Jan26
Effective Interest Rate on Debt % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 52.94 52.45 39.85 31.11 27.35

BTT vs CSWC, QQQX, NFJ: Effective Interest Rate on Debt % Comparison

For the Asset Management subindustry, Blackrock Municipal 2030 Target Term Trust's Effective Interest Rate on Debt %, along with its competitors' market caps and Effective Interest Rate on Debt % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Blackrock Municipal 2030 Target Term Trust Effective Interest Rate on Debt % vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Blackrock Municipal 2030 Target Term Trust's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Blackrock Municipal 2030 Target Term Trust's Effective Interest Rate on Debt % falls into.


BTT
34GF Score
Blackrock Municipal 2030 Target Term Trust BTT
Effective Interest Rate on Debt % is just one metric. See GF Score™, valuation, warning signs, and more.
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Blackrock Municipal 2030 Target Term Trust Effective Interest Rate on Debt % Calculation

Blackrock Municipal 2030 Target Term Trust's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Jul. 2025 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Jul. 2024 )+Total Debt  (A: Jul. 2025 ))/ count )
=-1  *  -25.763/( (69.593+83.415)/ 2 )
=-1  *  -25.763/76.504
=33.68 %

where

Total Debt  (A: Jul. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=69.593 + 0
=69.593

Total Debt  (A: Jul. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=83.415 + 0
=83.415

Blackrock Municipal 2030 Target Term Trust's annualized Effective Interest Rate on Debt % for the quarter that ended in Jan. 2026 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Jul. 2025 )+Total Debt  (Q: Jan. 2026 ))/ count )
=-1  *  -22.972/( (83.415+84.558)/ 2 )
=-1  *  -22.972/83.9865
=27.35 %

where

Total Debt  (Q: Jul. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=83.415 + 0
=83.415

Total Debt  (Q: Jan. 2026 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=84.558 + 0
=84.558

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Effective Interest Rate on Debt %, the Interest Expense of the last fiscal year and the average total debt over the fiscal year are used. In calculating the quarterly data, the Interest Expense data used here is two times the semi-annual (Jan. 2026) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

What does a Effective Interest Rate on Debt % of 27.35% mean?
Blackrock Municipal 2030 Target Term Trust (BTT) has a Effective Interest Rate on Debt % of 27.35% as of Jan. 2026. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Blackrock Municipal 2030 Target Term Trust and its competitors.
Is Blackrock Municipal 2030 Target Term Trust's Effective Interest Rate on Debt % too high?
Blackrock Municipal 2030 Target Term Trust's current Effective Interest Rate on Debt % is 27.35%. Overall, Blackrock Municipal 2030 Target Term Trust has a GF Score™ of 34/100, reflecting its overall financial health beyond just this single metric.
How does Blackrock Municipal 2030 Target Term Trust's Effective Interest Rate on Debt % compare to CSWC and QQQX?
Blackrock Municipal 2030 Target Term Trust's Effective Interest Rate on Debt % of 27.35% can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Effective Interest Rate on Debt % for an Asset Management company?
A good Effective Interest Rate on Debt % depends on the Asset Management industry context. However, Effective Interest Rate on Debt % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Effective Interest Rate on Debt % mean?
A high Effective Interest Rate on Debt % can signal that a stock is expensive relative to its fundamentals. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Blackrock Municipal 2030 Target Term Trust and its competitors. Blackrock Municipal 2030 Target Term Trust's current Effective Interest Rate on Debt % is 27.35%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Blackrock Municipal 2030 Target Term Trust stock overvalued right now?
Blackrock Municipal 2030 Target Term Trust (BTT) has a current Effective Interest Rate on Debt % of 27.35%. The current Effective Interest Rate on Debt % is 27.35%. Blackrock Municipal 2030 Target Term Trust's overall GF Score™ is 34/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Effective Interest Rate on Debt % calculated?
Effective Interest Rate on Debt % is calculated from a company's financial statements. For Blackrock Municipal 2030 Target Term Trust (BTT), the current Effective Interest Rate on Debt % is 27.35% as of Jan. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Blackrock Municipal 2030 Target Term Trust Business Description

Address 100 Bellevue Parkway, Wilmington, DE, USA, 19809
Blackrock Municipal 2030 Target Term Trust is a United States-based closed-end management investment company. The investment objective of the company is to provide current income exempt from regular federal income tax and to return $25.00 per common share to holders of common shares. The trust seeks to achieve its investment objectives by investing a majority of its assets in municipal bonds exempt from U.S. federal income taxes.
34GF Score

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