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Blackrock Municipal Target Term Closed Fund (US:BTT) — Company Overview, News & Financial Data

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Company profile

Blackrock Municipal Target Term Closed Fund

Blackrock Municipal Target Term Trust (NYSE:BTT) is focused on providing shareholders with high levels of current income exempt from federal income taxes by primarily investing in a diversified portfolio of municipal bonds. As part of its operations, the fund aims to manage its portfolio in a way that distributes tax-exempt monthly income to its investors. It seeks investments across a broad range of municipal debt securities, including general obligation bonds, revenue bonds, and pre-refunded bonds. The fund is designed with a specific target term structure, aiming to return the original NAV to its shareholders at the end of its term, adding a unique aspect to its investment approach. Through its targeted investment strategies and dedicated management, Blackrock Municipal Target Term Trust focuses on achieving tax-efficient income and capital preservation for its investors, while navigating the complex landscape of municipal securities.

Snapshot

Public USOwnership
2012Year founded
25371Employees
New York, United StatesHead office
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Global footprint

Operations

All Locations
New York City, US

Products and/or services of Blackrock Municipal Target Term Closed Fund

  • Managed portfolios offering exposure to municipal bonds designed for tax-advantaged income.
  • Customized investment strategies focusing on risk management and diversified municipal bond holdings.
  • Access to a broad range of municipal bonds, aiming for consistent returns over the targeted term.
  • Strategic asset allocation services to optimize investment portfolios for individual and institutional investors.
  • Tax-exempt income services designed to meet specific investor income needs.
  • Research and insights on municipal bond market trends, helping investors make informed decisions.

Blackrock Municipal Target Term Closed Fund executive team

  • Mr. Charles Choon Sik ParkChief Compliance Officer and Anti-Money Laundering Officer
  • Mr. Phillip Soccio C.F.A.Portfolio Manager
  • Mr. Michael Kalinoski C.F.A.Portfolio Manager