Stock fact sheet · data as of
Blackrock Municipal 2030 Target Term Trust (BTT): fair value, margin of safety and Wheel Score
Financial Services · Asset Management · United States · Defensive
Is BTT undervalued?
BTT closed at 21.85 on 16 Oct 2026, 12% below the GLS average fair value of 24.87 from 8 models (3 of them above the price). That is a moderate margin of safety: the stock passes the "below fair value" rule of the Sunday Scan, and the Wheel Score gives it 18 of the 25 Value points.
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.
The nightly engine files BTT under Defensive: a low beta, a dividend and positive earnings.
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 | -7% | The most a defensive investor pays for the earnings and book value per share |
| Graham Growth | 43.06 | +97% | Graham's growth formula: EPS × (8.5 + 2 × growth), adjusted for bond yields |
| Lynch | 18.82 | -14% | EPS × the earnings growth rate (PEG of 1), growth capped at 25% |
| GLS Growth | 46.09 | +111% | EPS compounded ten years at the blended growth rate, discounted back at 15% a year |
| 10 Cap | 18.15 | -17% | Owner's earnings (operating cash flow less maintenance capex) capitalised at 10% |
| Payback Time | 35.93 | +64% | Eight years of compounded free cash flow: the price at which the business pays for itself |
| DDM | 8.19 | -63% | Dividend discount model: next year's dividend ÷ (10% − 3% growth); needs a dividend |
| EPV | 8.37 | -62% | Earnings power value: current EPS capitalised at 9% with no growth |
| Zombie (liquidation) | -12.74 | -158% | 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
On financial health BTT scores 7/9 (Piotroski): most of the nine tests - positive earnings and cash flow, falling debt, rising margins and turnover - are passed, which is the kind of balance sheet a wheel trader is happy to be assigned. The GLS Moat score is low at 2.8 out of 10, which says the ten-year record of revenue, earnings, margins and returns on capital has been inconsistent - growth and shocks rather than steady compounding.
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 4.2%.
The dividend yield is 2.55% 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 | 7 / 9 | ROIC | 2.0% |
|---|---|---|---|
| GLS Moat | 2.8 / 10 | ROE | 3.1% |
| Debt / equity | 0.54 | ROA | 2.0% |
| Free-cash-flow yield | 4.2% | Payout ratio | 68% |
| Institutions | 5 / 10 | Insiders · Congress | 1 · 5 / 10 |
Wheel Score 39: 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; the Wheel Score is capped at 39 and shown as "No options" (39 here). The valuation and quality numbers still apply to owning the shares outright.
Volume runs at 168k shares a day on a market cap of $1.4B, with a beta of 0.46 - a low beta, so day-to-day moves are smaller than the market's; the Stability part of the Wheel Score gives that 10 of 20.
| Part | Points | From | |
|---|---|---|---|
| Value | 18 / 25 | 12% margin of safety | |
| Health | 16 / 20 | Piotroski 7/9 | |
| Moat | 4 / 15 | moat 2.8/10 | |
| Premium | 0 / 20 | no option data | |
| Stability | 10 / 20 | 168k shares/day, $1.4B cap, beta 0.46 |
The Wheel Score ranks ~7,400 US stocks for selling cash-secured puts and covered calls; it is updated nightly and is not a recommendation. The walkthrough lesson shows how the score 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 |
|---|---|---|---|---|---|
| BCAT BlackRock Capital Allocation Trust | 13.14 | 74.26 | +82% | 39No options | $1.4B |
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| LISOX Lazard International Strategic Equity Ptf Open Shares | 13.64 | 10.25 | -33% | 22No options | $1.4B |
| RLITX Lazard International Strategic Eq R6 | 13.45 | 21.63 | +38% | 39No options | $1.4B |
| ECAT BlackRock ESG Capital Allocation Trust | 13.57 | 75.35 | +82% | 39No options | $1.3B |
| BPAIX Boston Partners All-Cap Value Fd Insti Class | 38.58 | 31.77 | -21% | 21No options | $1.3B |
| GSG iShares S&P GSCI Commodity-Indexed Trust | 36.58 | 129.77 | +72% | 74Good | $1.3B |
| BCSFX Brown Capital Management International Small Company Fund Institutional Shares | 22.31 | 556.65 | +96% | 39No options | $1.3B |
| ARTTX Artisan Focus Fund Investor Shares | 27.47 | 14.88 | -85% | 23No options | $1.3B |
| RQI Cohen & Steers Quality Income Realty Fund, Inc. | 10.98 | 23.91 | +54% | 39No options | $1.5B |
| FLMFX Meeder Muirfield Retail | 11.30 | 6.51 | -74% | 30No options | $1.3B |
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Start free See the Sunday ScanQuestions about BTT
Is BTT undervalued right now?
By the GLS models, moderately: at 21.85 the stock trades 12% below the average fair value of 24.87 (data as of 16 Oct 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; its Wheel Score is capped at 39 and shown as "No options".
What is the GLS fair value for BTT?
24.87 per share as of 16 Oct 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 16 Oct 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 is capped at 39.