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Blackrock Municipal 2030 Target Term Trust (Blackrock Municipal 2030 Target Term Trust) 5-Year Yield-on-Cost % : 2.58 (As of Apr. 27, 2024)


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What is Blackrock Municipal 2030 Target Term Trust 5-Year Yield-on-Cost %?

Blackrock Municipal 2030 Target Term Trust's yield on cost for the quarter that ended in Jan. 2024 was 2.58.


The historical rank and industry rank for Blackrock Municipal 2030 Target Term Trust's 5-Year Yield-on-Cost % or its related term are showing as below:

BTT' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 2.47   Med: 2.93   Max: 3.91
Current: 2.58


During the past 7 years, Blackrock Municipal 2030 Target Term Trust's highest Yield on Cost was 3.91. The lowest was 2.47. And the median was 2.93.


BTT's 5-Year Yield-on-Cost % is ranked worse than
81.55% of 1214 companies
in the Asset Management industry
Industry Median: 6 vs BTT: 2.58

Competitive Comparison of Blackrock Municipal 2030 Target Term Trust's 5-Year Yield-on-Cost %

For the Asset Management subindustry, Blackrock Municipal 2030 Target Term Trust's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % 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's 5-Year Yield-on-Cost % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Blackrock Municipal 2030 Target Term Trust's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Blackrock Municipal 2030 Target Term Trust's 5-Year Yield-on-Cost % falls into.



Blackrock Municipal 2030 Target Term Trust 5-Year Yield-on-Cost % Calculation

Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.

Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.

Therefore, Yield-on-Cost of Blackrock Municipal 2030 Target Term Trust is calculated as

Yield-on-Cost=Dividend Yield %*(1+Dividend Growth Rate)^5

Blackrock Municipal 2030 Target Term Trust  (NYSE:BTT) 5-Year Yield-on-Cost % Explanation

Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.


Blackrock Municipal 2030 Target Term Trust 5-Year Yield-on-Cost % Related Terms

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Blackrock Municipal 2030 Target Term Trust (Blackrock Municipal 2030 Target Term Trust) Business Description

Traded in Other Exchanges
N/A
Address
100 Bellevue Parkway, Wilmington, DE, USA, 19809
Blackrock Municipal 2030 Target Term Trust is the United States based closed-end management investment company. Its investment objective 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.
Executives
Arthur Philip Steinmetz director 50 HUDSON YARDS, NEW YORK NY 10001
Aaron David Wasserman officer: Chief Compliance Officer 50 HUDSON YARDS, NEW YORK NY 10001
Kristi Manidis Santiago other: Portfolio Manager 1 UNIVERSITY SQUARE DRIVE, PRINCETON NJ 08540
Kevin Maloney other: Portfolio Manager 55 EAST 52ND STREET, NEW YORK NY 10055
Michael Kalinoski other: Portfolio Manager 800 SCUDDERS MILL ROAD, PLAINSBORO NJ 08536
Christian Romaglino other: Portfolio Manager 55 EAST 52ND STREET, NEW YORK NY 10055
Walter Oconnor other: Portfolio Manager 800 SCUDDERS MILL ROAD, PLAINSBORO NJ 08536
Peter Hayes other: Officer of the Advisor 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Lorenzo Flores director 2100 LOGIC DRIVE, SAN JOSE CA 95124
James Phillip Holloman director P.O. BOX 625737, 6800 CINTAS BOULEVARD, CINCINNATI OH 45262
Stayce D. Harris director 1999 S. BASCOM AVE., SUITE 700, CAMPBELL CA 95008
Trent Walker officer: Chief Financial Officer C/O PIMCO, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Phillip Soccio other: Portfolio Manager 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Jaeckel Theodore R Jr other: Portfolio Manager 800SCUDDERS MILL ROAD, PLAINSBORO NJ 08536
Henry Gabbay director 100 BELLEVUE PARKWAY, WILMINGTON DE 19809

Blackrock Municipal 2030 Target Term Trust (Blackrock Municipal 2030 Target Term Trust) Headlines