About BlackRock Municipal2030 Target Term Trust (BTT)
BlackRock Municipal 2030 Target Term Trust is an investment fund that primarily focuses on generating income through municipal bonds. The trust aims to provide investors with a predictable stream of income while managing the investment's duration and interest rate risk. By targeting bonds with maturities aligned to a specific timeframe, the fund seeks to offer capital appreciation alongside tax-exempt income. It is designed for investors looking to benefit from municipal bond investments while having a clear timeline for their investment goals. Read More
BlackRock Advisors, LLC announced today that each of the Boards of Directors/Trustees of each of the closed-end funds named below (each, a “Fund” and collectively, the “Funds”) has approved the following reorganizations and mergers (each, a “Reorganization” and collectively, the “Reorganizations”), as applicable:
BlackRock Advisors, LLC announced today that the Board of Trustees (the “Board”) of BlackRock Municipal 2030 Target Term Trust (“BTT” or the “Trust”) has reauthorized the Trust’s open market share repurchase program (the “Repurchase Program”). Under BTT’s most recent Repurchase Program, which ended November 30, 2024, the Trust could repurchase up to 5% of its outstanding common shares (based on common shares outstanding on November 30, 2023) in open market transactions. Pursuant to the Boards’ reauthorization of the Repurchase Program, BTT may repurchase up to 5% of its outstanding common shares (based on common shares outstanding on March 31, 2025) through November 30, 2025. The Repurchase Program seeks to enhance shareholder value by purchasing Trust shares trading at a discount to the Trust’s net asset value (“NAV”) per share, which could result in incremental accretion to the Trust’s NAV.
BlackRock Advisors, LLC announced today that the Boards of Directors/Trustees of fifty BlackRock municipal, taxable fixed income, equity, and multi-asset closed-end funds (the “Funds”) have authorized the renewal of open market share repurchase programs (the “Repurchase Programs”). Under each Fund’s current Repurchase Program, each Fund may repurchase, through November 30, 2023, up to 5% of its outstanding common shares (based on common shares outstanding on November 30, 2022) in open market transactions. Pursuant to the Boards’ renewal of the Repurchase Programs, commencing on December 1, 2023, each Fund may repurchase up to 5% of its outstanding common shares (based on common shares outstanding on November 30, 2023) in open market transactions through November 30, 2024. The Repurchase Programs seek to enhance shareholder value by purchasing Fund shares trading at a discount from their net asset value (“NAV”) per share, which could result in incremental accretion to a Fund’s NAV. The Boards have authorized the renewal of a Repurchase Program for the following Funds:
BitTorrent’s native token BTT (CRYPTO: BTT) has emerged as the top performer over the past week, recording a 194% surge that outpaced both Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO:
BlackRock Advisors, LLC (“BlackRock”) released today share repurchase activity for certain BlackRock-advised closed-end funds (the “Funds”) during the quarter ended December 31, 2023. The Funds have authorized open market share repurchase programs (the “Repurchase Programs”) pursuant to which each Fund may repurchase, through November 30, 2024, up to 5% of its outstanding common shares in open market transactions. The Repurchase Programs seek to enhance shareholder value by purchasing Fund shares trading at a discount from their net asset value (“NAV”) per share, which could result in incremental accretion to a Fund’s NAV.
Today, the Board of Directors/Trustees of the BlackRock municipal closed-end funds listed below (the “Funds”) announced distributions, which reflect distribution increases for several Funds. The distribution increases ranged between 29% and 64%. In addition, the Funds declared their December, January, and February monthly distributions early.
