Stock fact sheet · data as of
Blackrock Municipal 2030 Target Term Trust (BTT): fair value, margin of safety and Wheel Score
Ticker symbol BTT · Financial Services · Asset Management · United States · Fund / Note
Is BTT undervalued?
BTT closed at 22.50 on 5 Nov 2026 against a GLS average fair value of 24.87 - 9.5% below fair value, which our scans read as "fairly priced". 3 of 8 models are above the current price. There is no discount to lean on here, so the margin of safety is not the reason to look at the stock.
The 8 models disagree widely: DDM gives 8.19 while GLS Growth gives 46.09. A spread that wide means the average is sensitive to which methods you trust; the model table below shows where each one lands, and the Quote page lets you switch any of them off.
BTT looks like a fund, note or preferred share rather than an operating company, so the nightly engine files it under Fund / Note: the valuation models are not built for it, and its Wheel Score is capped at 45.
Nine valuation models for BTT
Each model turns the latest filed numbers into a value per share; the GLS fair value is the simple average of the ones that produce a positive number. The last two rows are shown for reference and never enter the average. The Quote page lets you switch any model off and add your own margin of safety.
| Model | Value | vs price | What it measures |
|---|---|---|---|
| DCF | - | - | Present value of the projected free cash flows, discounted at the cost of capital; no value tonight |
| Graham Number | 20.34 | -10% | The most a defensive investor pays for the earnings and book value per share |
| Graham Growth | 43.06 | +91% | Graham's growth formula: EPS × (8.5 + 2 × growth), adjusted for bond yields |
| Lynch | 18.82 | -16% | EPS × the earnings growth rate (PEG of 1), growth capped at 25% |
| GLS Growth | 46.09 | +105% | EPS compounded ten years at the blended growth rate, discounted back at 15% a year |
| 10 Cap | 18.15 | -19% | Owner's earnings (operating cash flow less maintenance capex) capitalised at 10% |
| Payback Time | 35.93 | +60% | Eight years of compounded free cash flow: the price at which the business pays for itself |
| DDM | 8.19 | -64% | Dividend discount model: next year's dividend ÷ (10% − 3% growth); needs a dividend |
| EPV | 8.37 | -63% | Earnings power value: current EPS capitalised at 9% with no growth |
| Zombie (liquidation) | -12.74 | -157% | Current assets less all liabilities, per share: the balance-sheet floor. Not in the average |
| Wall St target | 0.0000 | -100% | Analysts' average 12-month price target. Not in the average |
Quality and financial health
Financial health is average - BTT passes 5 of the nine Piotroski tests, which falls one point short of the "Piotroski 6 or more" Wheel Trade Filter. The Financials tab on the Quote page shows which tests fail. There is no GLS Moat score for BTT: funds, notes and second share lines get none, and so does a company with fewer than two years of accounts on file. The Moat part of the Wheel Score is zero.
Returns on capital are thin or negative - ROIC 2.0%, ROE 3.1%, ROA 2.0% - with debt at 0.54 times equity and a free-cash-flow yield of 4.0%.
The dividend yield is 2.47% at a payout ratio of 68%; for a wheel trader holding assigned shares the dividend adds to the covered-call premium, and the ex-dividend date is worth knowing before a call is sold.
Institutional ownership scores 5/10, insider activity 1/10 and Congressional trading 5/10 on the GLS smart-money scales.
| Piotroski F-score | 5 / 9 | ROIC | 2.0% |
|---|---|---|---|
| GLS Moat | - / 10 | ROE | 3.1% |
| Debt / equity | 0.54 | ROA | 2.0% |
| Free-cash-flow yield | 4.0% | Payout ratio | 68% |
| Institutions | 5 / 10 | Insiders · Congress | 1 · 5 / 10 |
Wheel Score 17: No options
BTT has no listed options in the nightly snapshot, so there is nothing to sell and the stock cannot be wheeled however good the business. It fails the first Wheel Trade Filter (options that actually trade), so the score stays under 70 and is shown as "No options" (17 here). The valuation and quality numbers still apply to owning the shares outright.
Volume runs at 67k shares a day on a market cap of $1.4B, with a beta of 0.47 - a low beta, so day-to-day moves are smaller than the market's; the Stability part of the Wheel Score rates that fair.
| Filter | Wheel Trade Filter | Result | Detail |
|---|---|---|---|
| 1 | Options that actually trade | Fails | no listed options |
| 2 | A real business, not a gamble | Fails | a fund or note, not a company |
| 3 | Below fair value | Passes | Trading below the nine-model average fair value (margin of safety above 0) |
| 4 | Financially healthy | Fails | Piotroski 5/9 (under 6) |
| 5 | Can repay its debt | Passes | Long-term debt repaid from 3 years of operating cash flow or less (6 for real estate and utilities; banks and insurers are not judged on it) |
| 6 | No serious red flags | Passes | Red Flags score 60 or more out of 100 (earnings, margins, debt, analysts, filings and price checked the same way for every stock) |
| 7 | A premium worth selling | Fails | no implied volatility |
| 8 | Big enough | Passes | Market cap $1 billion or more |
| 9 | Not a penny stock | Passes | Share price $5 or more |
| How it ranks | Rating | From | |
|---|---|---|---|
| Value | Weak | 10% below fair value | |
| Premium | Weak | no option data | |
| Moat | Weak | no moat score | |
| Health | Fair | Piotroski 5/9 | |
| Red Flags | Fair | not scored yet - half marks | |
| Option trading | Weak | no option volume data | |
| Stability | Fair | beta 0.47, $1.4B company |
The Wheel Score ranks ~7,400 US stocks for selling cash-secured puts and covered calls: a stock must pass all 9 Wheel Trade Filters to score 70, and the score then ranks the ones that pass; the Sunday Scan is the top 10. It is updated nightly and is not a recommendation. How the Wheel Score works · the walkthrough lesson shows how it fits into a trade, start to finish.
Upcoming events
No upcoming earnings date is recorded for BTT in the nightly calendar. The shares go ex-dividend on 13 Nov 2026 (0.0464 per share), so a covered call sold before then carries a small early-assignment risk around that date.
Earnings, dividend, IPO, split and economic calendars for the whole market, filterable to your watchlists.
Similar stocks in Asset Management
The 12 companies below are the closest to Blackrock Municipal 2030 Target Term Trust by market cap within the Asset Management industry, each with its own fact sheet; the Compare page puts up to eight of them side by side.
| Stock | Close | Fair value | MoS | Wheel | Mkt cap |
|---|---|---|---|---|---|
| PQTAX PIMCO TRENDS Fund A | 10.57 | 13.23 | +20% | 21No options | $1.4B |
| BCAT BlackRock Capital Allocation Trust | 13.77 | 74.26 | +81% | 31No options | $1.5B |
| QQQX Nuveen Nasdaq 100 Dynamic Overwrite Fund | 30.19 | 152.84 | +80% | 26No options | $1.5B |
| RYTFX Royce Small-Cap Total Return Fund;Service | 8.52 | 12.58 | +32% | 26No options | $1.4B |
| RLITX Lazard International Strategic Eq R6 | 13.39 | 21.60 | +38% | 25No options | $1.4B |
| LISOX Lazard International Strategic Equity Ptf Open Shares | 13.54 | 10.25 | -32% | 10No options | $1.4B |
| AMFAX Virtus AlphaSimplex Mgd Futs Strat A | 8.63 | 2.58 | -234% | 14No options | $1.5B |
| SATA Strive Inc. Perp. Pfd. Series A | 98.00 | - | - | 18Weak | $1.4B |
| BCSFX Brown Capital Management International Small Company Fund Institutional Shares | 22.99 | 556.65 | +96% | 29No options | $1.4B |
| ECAT BlackRock ESG Capital Allocation Trust | 13.77 | 75.35 | +82% | 31No options | $1.4B |
| BPAIX Boston Partners All-Cap Value Fd Insti Class | 39.45 | - | - | 10No options | $1.4B |
| NFJ Virtus Dividend, Interest & Premium Strategy Fund | 14.40 | 89.22 | +84% | 27No options | $1.4B |
⚖ Compare BTT with 7 of them All Financial Services stocks →
Scan the whole market the same way
A free GLS Equity account gets you nightly fair value and the Wheel Score on ~7,400 US stocks, a watchlist, the scanner preview and the Sunday Scan - the top 10 stocks that pass all 9 Wheel Trade Filters, emailed every week. Pro adds the full put and call scanners, unlimited watchlists with alerts and the trade journal.
Start free See the Sunday ScanQuestions about BTT
Is BTT undervalued right now?
Not meaningfully: at 22.50 the stock trades within a few percent of the GLS average fair value of 24.87 (9.5% below fair value, data as of 5 Nov 2026).
What is the Wheel Score of BTT and what does it mean?
BTT has no listed options in our nightly snapshot, so it cannot be wheeled; it fails the first Wheel Trade Filter (options that actually trade), stays under 70 and is shown as "No options".
What is the GLS fair value for BTT?
24.87 per share as of 5 Nov 2026 - the simple average of the 8 valuation models (out of nine: DCF, Graham Number, Graham Growth, Lynch, GLS Growth, 10 Cap, Payback Time, DDM and EPV) that produced a positive value. The models run every night on the latest filings; the Quote page lets you switch any of them off and add a margin of safety of your own.
When does Blackrock Municipal 2030 Target Term Trust report earnings next?
No upcoming earnings date is recorded for BTT in our calendar as of 5 Nov 2026; the Calendars page is refreshed every morning.
Does BTT have listed options, and how liquid are they?
No. The nightly options snapshot found no listed contracts on BTT, so the wheel strategy cannot be run on it and the Wheel Score stays under 70.