Blackrock Municipal 2030 Target Term TrustBTT 29 Return-on-Tangible-Equity is 6.85% as of Jan. 2026, which is 137% above its 10-year median of 2.89. GuruFocus rates BTT with a GF Score™ of 29/100. The stock has 4 warning signs investors should review. Among 1,588 Asset Management companies, Blackrock Municipal 2030 Target Term Trust ranks worse than 56.42% on this metric.
BTT's Return-on-Tangible-Equity is ranked worse than 56.42% of 1588
companies
in the Asset Management industry
Industry Median: 7.19
vs BTT: 5.32
Blackrock Municipal 2030 Target Term Trust (NYSE:BTT) Return-on-Tangible-Equity Explanation
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
Blackrock Municipal 2030 Target Term Trust Return-on-Tangible-Equity Related Terms
Blackrock Municipal 2030 Target Term Trust Return-on-Tangible-Equity Historical Data
* 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 Return-on-Tangible-Equity Chart
Blackrock Municipal 2030 Target Term Trust Annual Data
BTT vs CSWC, QQQX, NFJ: Return-on-Tangible-Equity Comparison
For the Asset Management subindustry, Blackrock Municipal 2030 Target Term Trust's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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 Return-on-Tangible-Equity vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Blackrock Municipal 2030 Target Term Trust's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Blackrock Municipal 2030 Target Term Trust's Return-on-Tangible-Equity falls into.
* 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 Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is two times the semi-annual (Jan. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 6.85% mean?
Blackrock Municipal 2030 Target Term Trust (BTT) has a Return-on-Tangible-Equity of 6.85% as of Jan. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Blackrock Municipal 2030 Target Term Trust and its competitors. This is 137% above median its historical median of 2.89. According to the industry distribution chart, Blackrock Municipal 2030 Target Term Trust ranks #896 out of 1588 companies in the Asset Management industry, placing it in the top 56.4%.
Is Blackrock Municipal 2030 Target Term Trust's Return-on-Tangible-Equity too high?
Blackrock Municipal 2030 Target Term Trust's current Return-on-Tangible-Equity of 6.85% is 137% above median its 10-year median of 2.89. The Asset Management industry median Return-on-Tangible-Equity is 7.19. Blackrock Municipal 2030 Target Term Trust's value of 6.85% is 4.7% below this industry median. Based on the distribution chart, Blackrock Municipal 2030 Target Term Trust ranks #896 out of 1588 companies in the Asset Management industry, which is below the industry midpoint. Overall, Blackrock Municipal 2030 Target Term Trust has a GF Score™ of 29/100, reflecting its overall financial health beyond just this single metric.
How does Blackrock Municipal 2030 Target Term Trust's Return-on-Tangible-Equity compare to CSWC and QQQX?
According to the Asset Management industry distribution chart, Blackrock Municipal 2030 Target Term Trust ranks #896 out of 1588 companies for Return-on-Tangible-Equity. This places Blackrock Municipal 2030 Target Term Trust in the lower half of its industry. The industry median Return-on-Tangible-Equity is 7.19. Blackrock Municipal 2030 Target Term Trust's value of 6.85% is 4.7% below this benchmark. While the company's 10-year median is 2.89 vs. the industry median of 7.19, Blackrock Municipal 2030 Target Term Trust has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Equity for an Asset Management company?
The median Return-on-Tangible-Equity among Asset Management companies is 7.19, based on 1,588 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Blackrock Municipal 2030 Target Term Trust's current Return-on-Tangible-Equity of 6.85% is 4.7% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Blackrock Municipal 2030 Target Term Trust and its competitors. For the Asset Management industry, the median Return-on-Tangible-Equity is 7.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Blackrock Municipal 2030 Target Term Trust's current Return-on-Tangible-Equity is 6.85%, which is 137% above median its own 10-year median of 2.89. 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 Return-on-Tangible-Equity of 6.85%. The current Return-on-Tangible-Equity is 6.85%, which is 137% above median its 10-year median of 2.89 and 4.7% below the Asset Management industry median of 7.19. Blackrock Municipal 2030 Target Term Trust's overall GF Score™ is 29/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Blackrock Municipal 2030 Target Term Trust (BTT), the current Return-on-Tangible-Equity is 6.85% 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
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.
29GF Score
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