BlackRock Municipal 2030 Target Term Trust

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM N-Q

QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED

MANAGEMENT INVESTMENT COMPANY

Investment Company Act file number 811-22603

Name of Fund: BlackRock Municipal 2030 Target Term Trust (BTT)

Fund Address:  100 Bellevue Parkway, Wilmington, DE 19809

Name and address of agent for service: John M. Perlowski, Chief Executive Officer, BlackRock Municipal 2030 Target Term Trust, 55 East 52nd Street, New York, NY 10055

Registrant’s telephone number, including area code: (800) 882-0052, Option 4

Date of fiscal year end: 07/31/2019

Date of reporting period: 10/31/2018

Item 1 – Schedule of Investments

Schedule of Investments  (unaudited) 

October 31, 2018

   

BlackRock Municipal 2030 Target Term Trust (BTT)

(Percentages shown are based on Net Assets)

 

Security   Par
(000)		     Value  

Municipal Bonds — 133.5%

 

Alabama — 2.3%  

Alabama Federal Aid Highway Finance Authority, RB, Series A:

    

5.00%, 09/01/33

   $ 3,985     $ 4,529,550  

5.00%, 09/01/34

     3,500       3,966,760  

Alabama Special Care Facilities Financing Authority-Birmingham, Refunding RB, Children’s Hospital of Albama,
5.00%, 06/01/30

     10,000       11,016,600  

Birmingham-Jefferson Civic Center Authority, Special Tax Bonds, Series A:

    

5.00%, 07/01/31

     1,100       1,241,955  

5.00%, 07/01/32

     1,150       1,293,359  

5.00%, 07/01/33

     1,600       1,792,480  

County of Jefferson Alabama Sewer Revenue, Refunding RB, CAB, Senior Lien-Warrants, Series B (AGM)(a):

    

0.00%, 10/01/31

     7,375       3,888,174  

0.00%, 10/01/32

     6,295       3,075,737  

0.00%, 10/01/33

     1,275       582,955  

Homewood Educational Building Authority, Refunding RB, Educational Facilities, Samford University, Series A:

    

5.00%, 12/01/33

     1,010       1,106,526  

5.00%, 12/01/34

     1,380       1,502,351  

University of South Alabama, Refunding RB, (AGM):

    

5.00%, 11/01/29

     1,105       1,247,689  

5.00%, 11/01/30

     2,000       2,246,240  
   

 

 

  
      37,490,376  
Alaska — 0.1%  

Northern Tobacco Securitization Corp., Refunding RB, Tobacco Settlement, Asset-Backed,
Series A, 4.63%, 06/01/23

     1,285       1,285,244  
   

 

 

  
Arizona — 2.2%  

Arizona Health Facilities Authority, Refunding RB, Phoenix Children’s Hospital:

    

Series A, 5.00%, 02/01/34

     6,340       6,697,005  

Series B, 5.00%, 02/01/33

     1,810       1,908,156  

City of Phoenix Arizona IDA, RB, Facility:

    

Candeo Schools, Inc. Project,
6.00%, 07/01/23

     430       459,812  

Eagle College Preparatory Project, Series A, 4.50%, 07/01/22

     400       407,008  

Eagle College Preparatory Project, Series A, 5.00%, 07/01/33

     1,000       1,008,920  
Security   Par
(000)		     Value  
Arizona (continued)  

City of Phoenix Arizona IDA, RB, Facility (continued):

    

Legacy Traditional Schools Project, Series A, 5.75%, 07/01/24(b)

   $ 750     $ 796,328  

City of Phoenix Arizona IDA, Refunding RB, Downtown Phoenix Student Housing, Series A:

    

5.00%, 07/01/29

     175       193,785  

5.00%, 07/01/31

     175       191,695  

County of Maricopa IDA, Refunding RB, Banner Health, Series A, 5.00%, 01/01/31

     16,280       18,295,464  

County of Pima Arizona IDA, Refunding RB, Tucson Electric Power Co. Project, Series A,
4.00%, 09/01/29

     6,000       6,187,560  
   

 

 

  
      36,145,733  
California — 8.8%  

Alameda Corridor Transportation Authority, Refunding RB, CAB, Sub-Lien, Series A (AMBAC), 0.00%, 10/01/30(a)

     10,530       6,417,508  

California Health Facilities Financing Authority, RB, Sutter Health, Series A:

    

5.00%, 11/15/32

     1,600       1,839,328  

5.00%, 11/15/33

     1,855       2,121,452  

California Health Facilities Financing Authority, Refunding RB, Sutter Health, Series A,
5.00%, 11/15/32

     1,700       1,954,286  

California Municipal Finance Authority, ARB, LINX APM Project, AMT, 5.00%, 12/31/33

     4,000       4,374,760  

California Municipal Finance Authority, RB:

    

Biola University, 4.00%, 10/01/33

     2,500       2,536,725  

Senior, S/F Housing, Caritas Affordable Housing, Inc. Project, Series A,
5.00%, 08/15/30

     1,000       1,086,090  

California Municipal Finance Authority, Refunding RB, Eisenhower Medical Center, Series A:

    

5.00%, 07/01/30

     1,200       1,323,096  

5.00%, 07/01/31

     1,050       1,152,795  

California Pollution Control Financing Authority, RB, Poseidon Resources (Channel Side) LP Desalination Project, AMT, 5.00%, 07/01/30(b)

     13,845       14,504,160  

California Statewide Communities Development Authority, RB:

    

Eskaton Properties, Inc., 5.25%, 11/15/34

     2,500       2,661,375  

Loma Linda University Medical Center,
5.00%, 12/01/28(b)

     275       296,472  
 

 

 

     1  

Schedule of Investments  (unaudited) (continued)

October 31, 2018

   

BlackRock Municipal 2030 Target Term Trust (BTT)

(Percentages shown are based on Net Assets)

 

Security   Par
(000)		     Value  
California (continued)  

California Statewide Communities Development Authority, RB (continued):

    

Loma Linda University Medical Center, 5.00%, 12/01/33(b)

   $ 1,350     $ 1,411,641  

City of Long Beach California Harbor Revenue, RB, AMT, Series A:

    

5.00%, 05/15/31

     1,200       1,355,436  

5.00%, 05/15/32

     1,800       2,026,008  

5.00%, 05/15/33

     675       757,087  

5.00%, 05/15/34

     1,650       1,845,459  

City of San Jose California, Refunding ARB, Norman Y Mineta San Jose International Airport SJC, Series A, AMT:

    

5.00%, 03/01/30

     500       559,515  

5.00%, 03/01/31

     1,500       1,670,475  

5.00%, 03/01/32

     1,000       1,109,820  

5.00%, 03/01/33

     975       1,079,101  

5.00%, 03/01/34

     1,250       1,380,613  

5.00%, 03/01/35

     2,000       2,202,920  

County of San Diego Regional Airport Authority, ARB, AMT, Sub-Series B, 5.00%, 07/01/33

     1,000       1,109,650  

El Camino Community College District, GO, CAB, Election of 2002, Series C(a):

    

0.00%, 08/01/30

     9,090       6,089,118  

0.00%, 08/01/31

     12,465       7,979,470  

0.00%, 08/01/32

     17,435       10,647,031  

Golden State Tobacco Securitization Corp., Refunding RB, Series A-1, 5.00%, 06/01/29

     14,500       15,964,210  

Los Angeles California Unified School District, GO, Election of 2008, Series A, 4.00%, 07/01/33

     3,000       3,097,380  

Los Angeles Regional Airports Improvement Corp., Refunding RB, LAXFuel Corp., Los Angeles International, AMT, 5.00%, 01/01/32

     4,110       4,287,922  

M-S-R Energy Authority, RB, Series C,
6.13%, 11/01/29

     2,500       3,023,525  

Monterey Peninsula Community College District, GO, Refunding, CAB(a):

    

0.00%, 08/01/30

     3,500       2,299,220  

0.00%, 08/01/31

     5,940       3,705,075  

Oakland Unified School District/Alameda County, GO, Refunding, Series C, 5.00%, 08/01/30

     1,300       1,496,521  

Poway Unified School District, GO, Election of 2008, Series A(a):

    

0.00%, 08/01/30

     10,000       6,652,500  
Security   Par
(000)		     Value  
California (continued)  

Poway Unified School District, GO, Election of 2008, Series A(a) (continued):

    

0.00%, 08/01/32

   $ 12,500     $ 7,480,375  

State of California, GO, Refunding,
5.00%, 08/01/30

     10,000       11,528,300  

Washington Township Health Care District, Refunding RB, Series B, 3.00%, 07/01/28

     750       712,343  
   

 

 

  
      141,738,762  
Colorado — 4.0%  

Arista Metropolitan District, Refunding, GOL, 4.38%, 12/01/28

     500       496,565  

Central Platte Valley Metropolitan District, GO, Series A:

    

5.13%, 12/01/29

     700       760,991  

5.50%, 12/01/29

     750       828,420  

City & County of Denver Colarado, RB, CAB, Series A-2, 0.00%, 08/01/30(a)

     1,000       637,690  

City & County of Denver Colarado Airport System Revenue, Refunding ARB, AMT, Series A, 5.00%, 12/01/33

     25,000       27,846,750  

City of Lakewood Colorado Plaza Metropolitan District No. 1, Refunding, Tax Allocation
Bonds(b):

    

4.00%, 12/01/23

     1,000       1,016,930  

4.10%, 12/01/24

     5,080       5,148,478  

4.20%, 12/01/25

     5,280       5,327,150  

4.50%, 12/01/30

     4,305       4,308,014  

Colorado Health Facilities Authority, Refunding RB:

    

Covenant Retirement Communities, Series A, 4.50%, 12/01/33

     4,595       4,621,329  

Covenant Retirement Communities, Series A, 5.00%, 12/01/33

     3,000       3,152,160  

NCMC, Inc. Project, 4.00%, 05/15/30

     2,860       2,955,896  

Copperleaf Metropolitan District No. 2, GO, Refunding, 5.25%, 12/01/30

     500       519,835  

Park Creek Metropolitan District, Refunding, Tax Allocation Bonds, Senior Limited Property, Series A:

    

5.00%, 12/01/27

     1,500       1,676,865  

5.00%, 12/01/28

     1,500       1,668,810  

5.00%, 12/01/30

     1,350       1,489,334  

5.00%, 12/01/31

     1,500       1,649,865  
 

 

 

2   

Schedule of Investments  (unaudited) (continued)

October 31, 2018

   

BlackRock Municipal 2030 Target Term Trust (BTT)

(Percentages shown are based on Net Assets)

 

Security   Par
(000)		     Value  
Colorado (continued)  

Tallyns Reach Metropolitan District No. 3, GO, Refunding, 5.00%, 12/01/33

   $ 503     $ 522,853  
   

 

 

  
      64,627,935  
Connecticut — 1.4%  

Capital Region Development Authority, Refunding RB:

    

5.00%, 06/15/30

     1,095       1,203,712  

5.00%, 06/15/31

     1,125       1,230,975  

State of Connecticut, GO:

    

Series A, 5.00%, 04/15/33

     7,000       7,609,560  

Series D, 4.00%, 08/15/29

     11,500       11,707,575  

State of Connecticut Health & Educational Facilities Authority, RB, Sacred Heart University Issue, Series I-1:

    

5.00%, 07/01/31

     400       445,756  

5.00%, 07/01/35

     400       438,224  
   

 

 

  
      22,635,802  
Delaware — 0.3%  

County of Kent Delaware, RB, CHF-Dover, LLC-Delaware State University Project, Series A:

    

4.00%, 07/01/22

     230       236,707  

4.00%, 07/01/23

     570       586,849  

5.00%, 07/01/24

     705       761,132  

5.00%, 07/01/25

     805       875,180  

5.00%, 07/01/26

     850       927,256  

5.00%, 07/01/27

     890       972,984  

5.00%, 07/01/28

     935       1,018,832  
   

 

 

  
      5,378,940  
District of Columbia — 0.1%  

District of Columbia, Refunding RB, Kipp Charter School, Series A, 6.00%, 07/01/23(c)

     1,700       1,970,079  
   

 

 

  
Florida — 9.4%  

City of Lakeland Florida, Refunding RB, Lakeland Regional Health System, 5.00%, 11/15/30

     3,750       4,168,762  

City of Tampa Florida, Refunding RB, H. Lee Moffitt Cancer Center Project, Series A,
4.00%, 09/01/33

     10,000       10,184,600  

County of Alachua Florida Health Facilities Authority, RB, East Ridge Retirement Village, Inc. Project, 6.00%, 11/15/29

     5,000       5,231,150  

County of Broward Florida, RB, Fort Lauderdale Fuel Facilities, Series A, AMT (AGM):

    

5.00%, 04/01/30

     600       639,276  

5.00%, 04/01/33

     740       785,325  
Security   Par
(000)		     Value  
Florida (continued)  

County of Martin Florida IDA, Refunding RB, Indiantown Cogeneration, L.P. Project, AMT, 4.20%, 12/15/25(b)

   $ 5,250     $ 5,322,082  

County of Miami-Dade Florida, Refunding RB, Series B, 4.00%, 04/01/32

     6,690       6,871,366  

County of Miami-Dade Florida School Board, COP, Refunding, Series A, 5.00%, 05/01/32

     9,000       9,908,370  

County of Orange Convention Center, Refunding RB, 4.00%, 10/01/32

     9,485       9,790,227  

County of Orange Florida Tourist Development Tax Revenue, Refunding RB:

    

5.00%, 10/01/30

     11,470       13,601,585  

4.00%, 10/01/31

     7,000       7,249,760  

County of Palm Beach Florida Health Facilities Authority, Refunding RB, Acts Retirement-Life Communities, Inc. Obligated Group,
5.00%, 11/15/32

     30,305       32,477,262  

County of Palm Beach Health Facilities Authority, RB, Lifespace Communities, Inc.:

    

5.00%, 05/15/31

     410       431,218  

5.00%, 05/15/33

     1,000       1,043,740  

County of St. Johns Florida Water & Sewer Revenue, Refunding RB, CAB, Series B(a):

    

0.00%, 06/01/30

     2,000       1,330,620  

0.00%, 06/01/31

     1,295       822,584  

0.00%, 06/01/32

     2,495       1,514,465  

Double Branch Community Development District, Refunding, Special Assessment Bonds, Senior Lien, Series A-1, 4.13%, 05/01/31

     1,200       1,213,512  

Greater Orlando Aviation Authority, Refunding RB, Jet Blue Airways Corp. Project, AMT,
5.00%, 11/15/26

     2,000       2,114,480  

Jacksonville Florida Port Authority, Refunding ARB, AMT, 4.50%, 11/01/33

     630       642,228  

Jacksonville Florida Port Authority, Refunding RB, AMT:

    

4.50%, 11/01/30

     2,895       2,973,831  

4.50%, 11/01/31

     3,620       3,705,070  

4.50%, 11/01/32

     2,300       2,350,623  

Miami Beach Health Facilities Authority, Refunding RB, Mont Sinai Medical Center, 5.00%, 11/15/30

     1,000       1,063,620  

Reedy Creek Improvement District, GO, Series A, 5.25%, 06/01/30

     3,825       4,263,460  
 

 

 

     3  

Schedule of Investments  (unaudited) (continued)

October 31, 2018

   

BlackRock Municipal 2030 Target Term Trust (BTT)

(Percentages shown are based on Net Assets)

 

Security   Par
(000)		     Value  
Florida (continued)  

Village Community Development District No. 10, Special Assessment Bonds, Sumter County:

    

4.50%, 05/01/23

   $ 2,000     $ 2,096,860  

5.00%, 05/01/32

     5,475       5,860,714  

Village Community Development District No. 5, Refunding, Special Assessment Bonds, Sumter County:

    

Phase I, 3.50%, 05/01/28

     1,925       1,880,821  

Phase I, 3.50%, 05/01/28

     3,645       3,561,347  

Phase II, 4.00%, 05/01/33

     1,115       1,095,789  

Phase II, 4.00%, 05/01/34

     2,335       2,282,346  

Village Community Development District No. 6, Refunding, Special Assessment Bonds, Sumter County, 4.00%, 05/01/29

     5,830       5,898,153  
   

 

 

  
      152,375,246  
Idaho — 0.0%  

Idaho Housing & Finance Association, RB, Compass Charter School Project, Series A, 4.63%, 07/01/29(b)

     185       179,979  
   

 

 

  
Illinois — 14.1%  

Chicago Board of Education, GO, Refunding, Dedicated Revenues:

    

Series C, 5.00%, 12/01/30

     7,025       7,189,455  

Series F, 5.00%, 12/01/22

     4,760       4,937,405  

Chicago Housing Authority, RB, M/F Housing, Series A:

    

5.00%, 01/01/33

     3,000       3,307,980  

5.00%, 01/01/35

     1,500       1,642,980  

Chicago Midway International Airport, Refunding ARB, 2nd Lien, Series A, AMT,
5.00%, 01/01/33

     5,000       5,329,350  

Chicago Transit Authority, Refunding RB:

    

Section 5307, Urbanized Area Formula Funds, 5.00%, 06/01/26

     2,000       2,210,800  

Section 5337, State of Good Repair Formula Funds, 5.00%, 06/01/26

     1,000       1,108,920  

City of Chicago Illinois, GO, Project, Series A, 5.00%, 01/01/33

     10,000       10,201,500  

City of Chicago Illinois, RB, Wastewater Transmission, 2nd Lien:

    

4.00%, 01/01/31

     10,375       10,275,919  

4.00%, 01/01/32

     10,790       10,605,167  

4.00%, 01/01/33

     11,220       10,958,350  

4.00%, 01/01/35

     9,135       8,838,387  
Security   Par
(000)		     Value  
Illinois (continued)  

City of Chicago Illinois, Refunding ARB, O’Hare International Airport Passenger Facility Charge, Series B, AMT, 4.00%, 01/01/27

   $ 5,000     $ 5,065,100  

City of Chicago Illinois Motor Fuel Tax Revenue, Refunding RB, (AGM), 5.00%, 01/01/30

     730       771,391  

City of Chicago O’Hare International Airport, Refunding GARB, Senior Lien, Series B,
5.00%, 01/01/33

     6,000       6,602,700  

City of St. Charles Illinois, GO, Refunding, Corporate Purpose:

    

4.00%, 12/01/30

     1,620       1,679,859  

4.00%, 12/01/31

     1,715       1,775,025  

Counties of Kane McHenry Cook & De Kalb Unit School District No. 300, GO, Refunding, Series A, 5.00%, 01/01/30

     6,350       7,054,342  

County of Cook Illinois, GO, Refunding, Series C, 4.00%, 11/15/29

     19,750       20,260,735  

Illinois Finance Authority, Refunding RB:

    

DePaul University, Series A, 5.00%, 10/01/30

     1,000       1,114,580  

DePaul University, Series A, 4.00%, 10/01/31

     1,000       1,019,700  

DePaul University, Series A, 4.00%, 10/01/32

     1,000       1,016,270  

Lutheran Home & Services Obligated Group, 5.00%, 05/15/22

     3,185       3,285,264  

Lutheran Home & Services Obligated Group, 5.50%, 05/15/27

     4,350       4,558,713  

Lutheran Home & Services Obligated Group, 5.50%, 05/15/30

     4,900       5,094,138  

Presence Health Network, Series C,
5.00%, 02/15/30

     12,000       13,551,360  

Rush University Medical Center, Series A, 5.00%, 11/15/31

     8,415       9,198,016  

Rush University Medical Center, Series A, 5.00%, 11/15/32

     2,075       2,260,463  

Rush University Medical Center, Series A, 5.00%, 11/15/33

     2,125       2,308,472  

The Peoples Gas Light & Coke Company Project, 4.00%, 02/01/33

     11,000       11,115,060  

The University of Chicago Medical Centre, Series B, 5.00%, 08/15/30

     3,205       3,562,646  

Illinois State Toll Highway Authority, Refunding RB, Senior, Series A, 4.00%, 12/01/31

     20,000       20,449,600  
 

 

 

4   

Schedule of Investments  (unaudited) (continued)

October 31, 2018

   

BlackRock Municipal 2030 Target Term Trust (BTT)

(Percentages shown are based on Net Assets)

 

Security   Par
(000)		     Value  
Illinois (continued)  

Metropolitan Pier & Exposition Authority, Refunding RB, McCormick Place Expansion Project:

    

5.00%, 12/15/28

   $ 1,200     $ 1,300,428  

5.00%, 12/15/30

     1,385       1,484,429  

State of Illinois, GO, Refunding, Series B,
5.00%, 10/01/30

     7,000       7,153,440  

Winnebago & Boone Counties School District No. 205 Rockford, GO:

    

4.00%, 02/01/29

     9,080       9,275,311  

4.00%, 02/01/30

     9,835       9,911,025  
   

 

 

  
      227,474,280  
Indiana — 3.9%            

City of Indianapolis Department of Public Utilities Water System Revenue, Refunding RB, First Lien, Series A, 5.00%, 10/01/35

     10,000       11,309,700  

City of Valparaiso Indiana, RB, Exempt Facilities, Pratt Paper LLC Project, AMT,
5.88%, 01/01/24

     1,650       1,803,483  

City of Whiting Indiana, RB, BP Products North America, Inc. Project, AMT,
5.00%, 03/01/46(e)

     8,500       9,192,410  

Indiana Finance Authority, Refunding RB:

    

Community Health Network Project,

    

Series A, 4.00%, 05/01/35

     22,565       22,675,794  

Earlham College Project, 5.00%, 10/01/32

     11,255       11,361,810  

VRDN, Indiana University Health Obligated Group (Wells Fargo Bank NA),
1.58%, 12/01/31(e)

     3,600       3,600,000  

Northern Indiana Commuter Transportation District, RB:

    

5.00%, 07/01/32

     1,000       1,100,730  

5.00%, 07/01/33

     1,400       1,535,100  
   

 

 

  
      62,579,027  
Iowa — 0.9%  

Iowa Finance Authority, Refunding RB, Midwestern Disaster Area, Iowa Fertilizer Co. Project:

    

5.50%, 12/01/22

     60       60,114  
Security   Par
(000)		     Value  
Iowa (continued)  

Iowa Finance Authority, Refunding RB, Midwestern Disaster Area, Iowa Fertilizer Co. Project (continued):

    

5.25%, 12/01/25

   $ 13,345     $ 14,098,325  
   

 

 

  
      14,158,439  
Kansas — 0.1%  

Wyandotte County-Kansas City Unified Government Utility System Revenue, RB, Series A,
5.00%, 09/01/33

     1,370       1,512,206  
   

 

 

  
Kentucky — 0.6%  

Countyof Louisville/Jefferson Metropolitan Government, Refunding RB, Norton Healthcare, Inc., Series A, 5.00%, 10/01/32

     7,300       7,961,380  

Kentucky Public Transportation Infrastructure Authority, RB, CAB, 1st Tier-DownTown Crossing Project:

    

Series B, 0.00%, 07/01/30(a)

     1,230       708,677  

Convertible Series C, 6.40%, 07/01/33(f)

     1,500       1,386,570  
   

 

 

  
      10,056,627  
Louisiana — 3.0%  

City of Ruston Louisiana, RB, (AGM):

    

5.00%, 06/01/29

     1,060       1,176,208  

5.00%, 06/01/30

     1,000       1,106,100  

5.00%, 06/01/31

     1,020       1,124,642  

5.00%, 06/01/32

     1,225       1,346,385  

Louisiana Public Facilities Authority, Refunding RB:

    

5.00%, 05/15/29

     1,235       1,363,650  

5.00%, 05/15/30

     990       1,088,990  

3.00%, 05/15/31

     2,225       2,052,963  

5.00%, 05/15/32

     1,485       1,620,105  

5.00%, 05/15/33

     2,175       2,365,400  

Entergy Louisiana, Series B, 3.50%, 06/01/30

     5,990       5,830,726  

Louisiana Stadium & Exposition District, Refunding RB, Senior, Series A, 5.00%, 07/01/30

     3,000       3,278,340  

Port New Orleans Board of Commissioners, Refunding RB, Series B, AMT:

    

5.00%, 04/01/31

     300       317,997  

5.00%, 04/01/32

     1,000       1,056,220  

5.00%, 04/01/33

     1,575       1,658,286  

State of Louisiana, GO, Series A, 4.00%, 05/15/30

     6,540       6,764,780  

Terrebonne Levee & Conservation District, RB, Sales Tax, 5.00%, 07/01/29

     1,925       2,102,716  
 

 

 

     5  

Schedule of Investments  (unaudited) (continued)

October 31, 2018

   

BlackRock Municipal 2030 Target Term Trust (BTT)

(Percentages shown are based on Net Assets)

 

Security   Par
(000)		     Value  
Louisiana (continued)  

Tobacco Settlement Financing Corp., Refunding RB, Asset-Backed, Series A:

    

5.25%, 05/15/31

   $ 3,425     $ 3,607,518  

5.25%, 05/15/32

     4,375       4,663,487  

5.25%, 05/15/33

     4,750       5,029,015  

5.25%, 05/15/35

     1,500       1,587,450  
   

 

 

  
      49,140,978  
Maryland — 1.8%  

City of Baltimore Maryland, Refunding RB, Convention Center Hotel, 5.00%, 09/01/31

     1,250       1,382,613  

County of Anne Arundel Maryland Consolidated, Special Taxing District, Special Tax Bonds, Villages At Two Rivers Project:

    

4.20%, 07/01/24

     700       688,877  

4.90%, 07/01/30

     1,315       1,303,402  

County of Howard Maryland Housing Commission, RB, M/F Housing, Woodfield Oxford Square Apartments, 5.00%, 12/01/33

     1,765       1,940,547  

Maryland EDC, RB, Purple Line Light Rail Project, Series D, AMT, 5.00%, 03/31/30

     1,325       1,443,110  

Maryland EDC, Refunding RB, CNX Marine Terminals, Inc., 5.75%, 09/01/25

     3,225       3,329,812  

Maryland Health & Higher Educational Facilities Authority, Refunding RB:

    

Charlestown Community, Series A,
5.00%, 01/01/31

     2,865       3,125,400  

Charlestown Community, Series A,
5.00%, 01/01/32

     3,010       3,275,181  

Charlestown Community, Series A,
5.00%, 01/01/33

     3,165       3,432,822  

LifeBridge Health Issue, 5.00%, 07/01/31

     1,000       1,115,980  

LifeBridge Health Issue, 5.00%, 07/01/32

     500       555,610  

Lifebridge Health Issue, 5.00%, 07/01/33

     385       424,324  

LifeBridge Health Issue, 5.00%, 07/01/33

     1,000       1,106,500  

LifeBridge Health Issue, 5.00%, 07/01/34

     775       854,500  

Meritus Medical Center, 5.00%, 07/01/29

     2,200       2,391,796  

Meritus Medical Center, 5.00%, 07/01/31

     1,400       1,509,984  
Security   Par
(000)		     Value  
Maryland (continued)  

Maryland Health & Higher Educational Facilities Authority, Refunding RB (continued):

    

Meritus Medical Center, 5.00%, 07/01/33

   $ 1,200     $ 1,286,928  
   

 

 

  
      29,167,386  
Massachusetts — 2.1%  

Commonwealth of Massachusetts, Refunding, GOL, Series A (AMBAC), 5.50%, 08/01/30

     2,500       3,066,650  

Commonwealth of Massachusetts, GOL, Series I, 5.00%, 12/01/33

     5,000       5,640,050  

Massachusetts Bay Transportation Authority, Refunding RB, CAB, Series A, 0.00%, 07/01/32(a)

     5,500       3,209,965  

Massachusetts Development Finance Agency, RB, Emmanuel College Issue, Series A,
5.00%, 01/01/33

     1,070       1,150,785  

Massachusetts Development Finance Agency, Refunding RB, Series A:

    

Emmanuel College Issue, 5.00%, 10/01/31

     3,635       3,912,605  

Emmanuel College Issue, 5.00%, 10/01/33

     1,285       1,374,089  

5.00%, 01/01/32

     2,020       2,196,225  

5.00%, 01/01/33

     1,500       1,624,830  

5.00%, 01/01/34

     2,085       2,250,173  

5.00%, 01/01/35

     2,000       2,150,480  

Massachusetts Educational Financing Authority, Refunding RB, Series K, AMT, 5.25%, 07/01/29

     6,820       7,171,571  
   

 

 

  
      33,747,423  
Michigan — 1.2%  

Michigan Finance Authority, Refunding RB:

    

MidMichigan Health, 5.00%, 06/01/33

     2,750       2,990,817  

Oakwood Obligation Group, 5.00%, 08/15/30

     2,105       2,286,409  

Michigan State Hospital Finance Authority, Refunding RB, Trinity Health Credit Group, Series C,
4.00%, 12/01/32

     8,195       8,334,315  

Michigan State Housing Development Authority, RB, M/F Housing, Series A, 3.55%, 10/01/33

     1,825       1,767,312  

Saginaw Valley State University, Refunding RB, Series A:

    

5.00%, 07/01/31

     2,070       2,281,430  
 

 

 

6   

Schedule of Investments  (unaudited) (continued)

October 31, 2018

   

BlackRock Municipal 2030 Target Term Trust (BTT)

(Percentages shown are based on Net Assets)

 

Security   Par
(000)		     Value  
Michigan (continued)  

Saginaw Valley State University, Refunding RB, Series A (continued):

    

5.00%, 07/01/32

   $ 1,430     $ 1,571,012  
   

 

 

  
      19,231,295  
Minnesota — 0.3%  

Sartell-St Stephen Independent School District No. 748, GO, Series B(a):

    

0.00%, 02/01/30

     3,915       2,584,526  

0.00%, 02/01/31

     2,190       1,383,160  

0.00%, 02/01/32

     1,450       872,074  
   

 

 

  
      4,839,760  
Mississippi — 1.3%  

Mississippi Development Bank, Refunding RB, Municipal Energy Agency of Mississippi, Series A (AGM):

    

5.00%, 03/01/30

     2,280       2,516,390  

5.00%, 03/01/31

     1,595       1,753,846  

5.00%, 03/01/32

     2,000       2,192,400  

5.00%, 03/01/33

     1,275       1,393,346  

State of Mississippi, RB, Series E,
5.00%, 10/15/33

     12,225       13,339,920  
   

 

 

  
      21,195,902  
Missouri — 0.7%  

City of St. Louis Missouri IDA, Refunding RB, Ballpark Village Development Project, Series A, 3.88%, 11/15/29

     1,035       1,029,929  

Missouri State Health & Educational Facilities Authority, Refunding RB:

    

CoxHealth, Series A, 4.00%, 11/15/33

     2,010       2,042,080  

St. Louis College of Pharmacy,
5.00%, 05/01/30

     3,000       3,246,720  

The Children’s Mercy Hospital,
5.00%, 05/15/31

     1,175       1,294,121  

The Children’s Mercy Hospital,
4.00%, 05/15/32

     1,680       1,709,534  

The Children’s Mercy Hospital,
4.00%, 05/15/33

     2,000       2,028,600  
   

 

 

  
      11,350,984  
Nebraska — 1.2%  

Central Plains Nebraska Energy Project, RB:

    

Energy Project No. 3, 5.00%, 09/01/27

     5,000       5,372,250  

Gas Project No. 3, 5.00%, 09/01/32

     4,500       4,835,025  
Security   Par
(000)		     Value  
Nebraska (continued)  

Public Power Generation Agency, Refunding RB, Whelan Energy Center Unit 2, Series A,
5.00%, 01/01/32

   $ 7,630     $ 8,420,163  
   

 

 

  
      18,627,438  
Nevada — 0.0%  

Nevada Department of Business & Industry, RB, Series A, 5.00%, 07/15/27(b)

     335       347,127  
   

 

 

  
New Hampshire — 0.4%  

New Hampshire Business Finance Authority, Refunding RB, Resource Recovery, Covanta Project, Series A, AMT, 4.00%, 11/01/27(b)

     2,205       2,177,107  

New Hampshire State Turnpike System, RB,
Series C, 4.00%, 08/01/33

     4,350       4,436,304  
   

 

 

  
      6,613,411  
New Jersey — 18.1%  

Casino Reinvestment Development Authority, Refunding RB:

    

5.00%, 11/01/21

     2,465       2,619,136  

5.00%, 11/01/22

     1,890       2,025,494  

County of Gloucester New Jersey Pollution Control Financing Authority, Refunding RB, Keystone Urban Renewal Project, Series A, AMT,
5.00%, 12/01/24

     1,500       1,586,010  

New Jersey EDA, RB:

    

Continental Airlines, Inc. Project, AMT,
5.25%, 09/15/29

     12,230       13,105,423  

Continental Airlines, Inc. Project, Series A, AMT, 5.63%, 11/15/30

     1,740       1,931,296  

Continental Airlines, Inc. Project, Series B, AMT, 5.63%, 11/15/30

     1,315       1,459,571  

Foundation Academy Charter School Project, Series A, 4.00%, 07/01/29

     350       344,015  

Private Activity Bond, The Goethals Bridge Replacement Project, AMT, 5.00%, 01/01/28

     4,705       5,074,766  

Series DDD, 5.00%, 06/15/35

     2,000       2,093,980  

State Government Buildings Project, Series A, 5.00%, 06/15/32

     4,500       4,773,690  

State Government Buildings Project, Series C, 5.00%, 06/15/32

     3,600       3,818,952  

New Jersey EDA, Refunding RB:

    

Cigarette Tax, 5.00%, 06/15/26

     10,610       11,194,293  

Cigarette Tax, 4.25%, 06/15/27

     16,500       16,928,010  

Continental Airlines, Inc. Project, AMT,
5.75%, 09/15/27

     6,200       6,744,918  
 

 

 

     7  

Schedule of Investments  (unaudited) (continued)

October 31, 2018

   

BlackRock Municipal 2030 Target Term Trust (BTT)

(Percentages shown are based on Net Assets)

 

Security   Par
(000)		     Value  
New Jersey (continued)  

New Jersey EDA, Refunding RB (continued):

    

Provident Group - Montclaire Properties LLC (AGM), 5.00%, 06/01/30

   $ 1,500     $ 1,646,820  

Provident Group - Montclaire Properties LLC (AGM), 5.00%, 06/01/31

     1,750       1,911,858  

Provident Group - Montclaire Properties LLC (AGM), 4.00%, 06/01/32

     2,125       2,140,321  

Provident Group-Monteclair Properites LLC (AGM), 5.00%, 06/01/28

     1,000       1,111,110  

Series BBB, 5.50%, 06/15/29

     10,000       11,089,200  

Sub-Series A, 4.00%, 07/01/32

     9,855       9,521,704  

New Jersey EDA, Refunding, Special Assessment Bonds, Kapkowski Road Landfill Project,
5.75%, 04/01/31

     5,000       5,403,650  

New Jersey Health Care Facilities Financing Authority, Refunding RB:

    

Princeton HealthCare System,
5.00%, 07/01/29

     2,900       3,290,108  

Princeton HealthCare System,
5.00%, 07/01/30

     2,400       2,710,584  

RWJ Barnabas Health Obligated Group, Series A, 5.00%, 07/01/30

     11,245       12,618,689  

St. Joseph Health System, 5.00%, 07/01/28

     1,500       1,627,980  

St. Joseph Health System, 5.00%, 07/01/29

     1,250       1,349,725  

St. Joseph Health System Obligated Group Issue, 5.00%, 07/01/30

     1,100       1,182,456  

New Jersey Higher Education Student Assistance Authority, RB, Senior Student Loan, AMT:

    

Series 1A, 5.00%, 12/01/23

     3,475       3,779,653  

Series 1A, 5.00%, 12/01/24

     6,000       6,585,360  

Series 1A, 5.00%, 12/01/25

     5,500       6,078,655  

Series 1A, 5.00%, 12/01/26

     2,250       2,471,827  

Series A, 4.00%, 12/01/32

     2,500       2,481,325  

Series A, 4.00%, 12/01/33

     2,000       1,982,060  

Series A, 4.00%, 12/01/34

     1,000       990,610  

Series A, 4.00%, 12/01/35

     1,000       981,750  

New Jersey Housing & Mortgage Finance Agency, Refunding RB, S/F Housing, Series BB, AMT, 3.80%, 10/01/32

     13,230       12,687,173  
Security   Par
(000)		     Value  
New Jersey (continued)  

New Jersey Transportation Trust Fund Authority, RB:

    

CAB, Transportation System, Series C (NPFGC), 0.00%, 12/15/31(a)

   $ 40,000     $ 22,196,000  

Transportation Program, Series AA,
5.25%, 06/15/27

     4,225       4,624,347  

Transportation Program, Series AA,
5.25%, 06/15/28

     4,500       4,903,245  

Transportation System, Series AA,
4.00%, 06/15/30

     10,815       10,588,101  

Transportation System, Series C,
5.25%, 06/15/32

     10,000       10,672,100  

Transportation System, Series D,
5.00%, 06/15/32

     5,000       5,268,800  

New Jersey Transportation Trust Fund Authority, Refunding RB, Series A:

    

Federal Highway Reimbursement Revenue Notes,
5.00%, 06/15/30

     6,600       7,174,002  

5.00%, 12/15/30

     20,000       21,495,000  

Newark Housing Authority, Refunding RB, Newark Redevelopment Project (NPFGC),
5.25%, 01/01/27

     5,000       5,635,350  

South Jersey Transportation Authority, Refunding RB, Transportation System, Series A:

    

5.00%, 11/01/33

     500       536,620  

5.00%, 11/01/34

     500       534,675  

Tobacco Settlement Financing Corp., Refunding RB, Series A:

    

5.00%, 06/01/30

     16,740       18,438,943  

5.00%, 06/01/32

     8,270       9,025,713  

Township of Irvington New Jersey, GO, Refunding, Series A (AGM):

    

5.00%, 07/15/30

     2,000       2,192,760  

5.00%, 07/15/31

     1,450       1,587,373  
   

 

 

  
      292,215,201  
New Mexico — 1.0%  

New Mexico Educational Assistance Foundation, RB, Education Loan, AMT:

    

Series A-1, 3.75%, 09/01/31

     6,250       6,193,187  

Series A-2, 3.80%, 11/01/32

     5,850       5,781,146  

Series A-2, 3.80%, 09/01/33

     5,000       4,916,200  
   

 

 

  
      16,890,533  
New York — 4.4%  

Build NYC Resource Corp., Refunding RB, Pratt Paper, Inc. Project, AMT, 4.50%, 01/01/25(b)

     900       963,387  
 

 

 

8   

Schedule of Investments  (unaudited) (continued)

October 31, 2018

   

BlackRock Municipal 2030 Target Term Trust (BTT)

(Percentages shown are based on Net Assets)

 

Security   Par
(000)		     Value  
New York (continued)  

County of Nassau New York, GOL, Series A (AGM):

    

5.00%, 04/01/34

   $ 4,165     $ 4,680,044  

5.00%, 04/01/35

     4,385       4,908,525  

Metropolitan Transportation Authority, Refunding RB, CAB(a):

    

Series A, 0.00%, 11/15/30

     23,000       14,603,160  

Green Bond, Series C-2, 0.00%, 11/15/32

     19,315       10,946,583  

New York City Housing Development Corp., RB, M/F Housing, Series C-4, 1.61%, 05/01/57(e)

     9,100       9,100,000  

New York City Transitional Finance Authority Future Tax Secured Revenue, RB, Sub-Series B-1, 5.00%, 08/01/30

     10,150       11,583,789  

New York Transportation Development Corp., RB, LaGuardia Airport Terminal B Redevelopment Project, Series A, AMT:

    

4.00%, 07/01/32

     5,500       5,519,140  

4.00%, 07/01/33

     6,000       6,005,760  

New York Transportation Development Corp., Refunding ARB, American Airlines, Inc., AMT, 5.00%, 08/01/31

     3,465       3,575,949  
   

 

 

  
      71,886,337  
North Carolina — 0.3%  

North Carolina Medical Care Commission, Refunding RB, Mission Health Combined Group:

    

5.00%, 10/01/32

     3,700       3,692,489  

4.00%, 10/01/33

     1,500       1,496,610  
   

 

 

  
      5,189,099  
Ohio — 1.2%  

County of Butler Ohio, Refunding RB, UC Health:

    

5.00%, 11/15/30

     1,225       1,365,275  

5.00%, 11/15/31

     2,500       2,776,050  

5.00%, 11/15/32

     2,200       2,435,752  

County of Franklin Ohio, RB, Health Care Facilities Improvement, OPRS Communities, Series A:

    

5.25%, 07/01/28

     500       505,110  

5.63%, 07/01/32

     1,000       1,011,990  

County of Hamilton Ohio Sales Tax Revenue, Refunding RB, Series A, 5.00%, 12/01/30

     4,500       5,072,625  

Ohio Air Quality Development Authority, Refunding RB, AMT, 3.95%, 11/01/32(e)(g)(h)

     1,500       1,065,000  
Security   Par
(000)		     Value  
Ohio (continued)  

State of Ohio, RB, Portsmouth Bypass Project, AMT (AGM):

    

5.00%, 12/31/29

   $ 1,625     $ 1,771,656  

5.00%, 12/31/30

     2,400       2,606,208  
   

 

 

  
      18,609,666  
Oklahoma — 0.8%  

Norman Regional Hospital Authority, Refunding RB:

    

5.00%, 09/01/27

     2,100       2,341,416  

5.00%, 09/01/28

     2,000       2,218,280  

5.00%, 09/01/29

     2,150       2,372,224  

5.00%, 09/01/30

     5,130       5,634,382  
   

 

 

  
      12,566,302  
Oregon — 0.5%  

Oregon Health & Science University, Refunding RB, Series B, 5.00%, 07/01/35

     7,390       8,207,851  
   

 

 

  
Pennsylvania — 21.4%            

Allentown Neighborhood Improvement Zone Development Authority, RB, City Center Project(b):

    

5.00%, 05/01/23

     640       674,720  

5.00%, 05/01/28

     835       897,709  

Allentown Neighborhood Improvement Zone Development Authority, Refunding RB, Series A:

    

5.00%, 05/01/27

     6,750       7,071,502  

5.00%, 05/01/28

     5,000       5,216,400  

5.00%, 05/01/29

     3,745       3,895,849  

5.00%, 05/01/30

     5,300       5,495,888  

Chester County Health & Education Facilities Authority, Refunding RB, Series A:

    

Main Line Health System, 5.00%, 10/01/31

     1,350       1,524,839  

Main Line Health System, 5.00%, 10/01/32

     1,450       1,631,830  

Main Line Health System, 5.00%, 10/01/33

     2,300       2,578,990  

Simpson Senior Services Project,
5.00%, 12/01/30

     2,180       2,209,735  

City of Philadelphia Pennsylvania, GO, Refunding:

    

(AGM), 5.00%, 08/01/30

     9,235       10,359,269  

Series A, 5.00%, 08/01/30

     4,500       4,993,875  

Commonwealth Financing Authority, RB, Tobacco Master Settlement Payment:

    

5.00%, 06/01/30

     3,500       3,893,995  

5.00%, 06/01/32

     6,000       6,619,140  
 

 

 

     9  

Schedule of Investments  (unaudited) (continued)

October 31, 2018

   

BlackRock Municipal 2030 Target Term Trust (BTT)

(Percentages shown are based on Net Assets)

 

Security   Par
(000)		     Value  
Pennsylvania (continued)            

Commonwealth of Pennsylvania, GO, Refunding, , 1st Series, 4.00%, 01/01/30

   $ 7,000     $ 7,216,300  

County of Allegheny Hospital Development Authority, Refunding RB, Allegheny Health Network Obligated Group Issue, Series A:

    

5.00%, 04/01/31

     3,075       3,377,426  

5.00%, 04/01/34

     3,345       3,632,503  

5.00%, 04/01/35

     1,000       1,081,850  

County of Beaver Pennsylvania IDA, Refunding RB, First Energy Nuclear Energy Project(e)(g)(h):

    

Series A, 4.00%, 01/01/35

     9,765       6,933,150  

Series B, 3.50%, 12/01/35

     890       631,900  

County of Berks IDA, Refunding RB, Tower Health Project:

    

5.00%, 11/01/29

     2,000       2,208,720  

5.00%, 11/01/30

     2,000       2,197,440  

5.00%, 11/01/34

     2,500       2,710,950  

5.00%, 11/01/35

     3,325       3,587,209  

County of Bucks Pennsylvania IDA, Refunding RB, Grand View Hospital, Series A,
1.60%, 07/01/34(e)

     10,385       10,385,000  

County of Chester Industrial Development Authority, Woodlands At Graystone Project, 4.38%, 03/01/28(b)

     265       259,520  

County of Cumberland Pennsylvania Municipal Authority, Refunding RB:

    

Asbury Pennsylvania Obligated Group, 5.00%, 01/01/22

     615       640,498  

Asbury Pennsylvania Obligated Group, 5.25%, 01/01/27

     1,275       1,312,294  

Asbury Pennsylvania Obligated Group, 5.25%, 01/01/32

     3,350       3,410,266  

Diakon Lutheran Social Ministries Project, 5.00%, 01/01/29

     1,300       1,397,513  

Diakon Lutheran Social Ministries Project, 5.00%, 01/01/30

     2,675       2,863,454  

Diakon Lutheran Social Ministries Project, 5.00%, 01/01/32

     1,510       1,615,791  

County of Dauphin General Authority, Refunding RB, Pinnacle Health System Project, Series A, 4.00%, 06/01/31

     2,275       2,304,666  

County of Delaware Authority, Refunding RB, Cabrini University:

    

5.00%, 07/01/26

     1,180       1,288,076  

5.00%, 07/01/28

     800       868,416  

5.00%, 07/01/29

     1,365       1,471,306  

5.00%, 07/01/30

     1,435       1,538,033  
Security   Par
(000)		     Value  
Pennsylvania (continued)            

County of Delaware Pennsylvania Authority, Refunding RB, Villanova University,
4.00%, 12/01/31

   $ 1,000     $ 1,037,760  

County of Lancaster Hospital Authority, Refunding RB, University of Pennsylvania Health System Obligation, Series A, 3.00%, 08/15/30

     2,535       2,387,539  

County of Montgomery Higher Education & Health Authority, Refunding RB, Thomas Jefferson University:

    

5.00%, 09/01/31

     1,750       1,962,030  

5.00%, 09/01/32

     1,315       1,468,539  

County of Montgomery Pennsylvania IDA, Refunding RB:

    

Acts Retirement-Life Communities, Inc. Obligated Group, 5.00%, 11/15/26

     2,500       2,647,575  

Albert Einstein Healthcare Network, Series A, 5.25%, 01/15/29

     3,250       3,515,525  

Albert Einstein Healthcare Network, Series A, 5.25%, 01/15/30

     6,185       6,665,451  

Whitemarsh Continuing Care Retirement Community Project, 5.00%, 01/01/30

     2,000       1,989,720  

County of Northampton Pennsylvania General Purpose Authority, RB, St. Luke’s Hospital of Bethlehem, Series A, 5.00%, 08/15/33

     12,660       13,363,769  

County of Northampton Pennsylvania General Purpose Authority, Refunding RB, Lafayette College, 5.00%, 11/01/34

     4,000       4,489,200  

County of Westmoreland Municipal Authority, Refunding RB, (BAM):

    

5.00%, 08/15/27

     1,500       1,685,835  

5.00%, 08/15/30

     4,000       4,505,040  

5.00%, 08/15/31

     17,010       19,088,792  

5.00%, 08/15/32

     17,945       20,065,740  

Geisinger Authority, Refunding RB, Geisinger Health System, Series A-2:

    

5.00%, 02/15/32

     4,000       4,470,840  

5.00%, 02/15/34

     1,750       1,938,632  

Pennsylvania Economic Development Financing Authority, RB:

    

PA Bridges Finco LP, AMT, 5.00%, 12/31/34

     16,500       17,533,890  

Pennsylvania Bridge Finco LP,
5.00%, 12/31/29

     5,000       5,412,600  

Pennsylvania Rapid Bridge Replacement Project, AMT, 5.00%, 12/31/30

     13,100       14,117,739  
 

 

 

10   

Schedule of Investments  (unaudited) (continued)

October 31, 2018

   

BlackRock Municipal 2030 Target Term Trust (BTT)

(Percentages shown are based on Net Assets)

 

Security   Par
(000)		     Value  
Pennsylvania (continued)            

Pennsylvania Economic Development Financing Authority, Refunding RB, University of Pittsburgh Medical Center:

    

5.00%, 03/15/30

   $ 5,250     $ 5,860,050  

5.00%, 03/15/31

     4,500       5,003,145  

Pennsylvania Higher Educational Facilities Authority, RB, Series AT-1, 5.00%, 06/15/30

     7,910       8,780,970  

Pennsylvania Higher Educational Facilities Authority, Refunding RB:

    

Drexel University, 5.00%, 05/01/30

     425       469,668  

Drexel University, 5.00%, 05/01/31

     1,000       1,099,550  

Drexel University, 5.00%, 05/01/32

     1,750       1,915,743  

Drexel University, 5.00%, 05/01/33

     3,320       3,618,468  

Drexel University, 5.00%, 05/01/35

     1,000       1,083,760  

La Salle University, 4.00%, 05/01/32

     3,000       2,887,710  

Pennsylvania Housing Finance Agency, Refunding RB, Series 125-A, AMT, 3.40%, 10/01/32

     9,000       8,427,870  

Pennsylvania Turnpike Commission, RB, Sub-Series B-1:

    

5.00%, 06/01/31

     3,000       3,272,880  

5.00%, 06/01/32

     4,075       4,426,958  

5.00%, 06/01/33

     4,000       4,330,280  

Pennsylvania Turnpike Commission, Refunding RB:

    

Motor License Fund, Enhanced Turnpike, 5.00%, 12/01/30

     5,000       5,549,800  

Subordinate, Series B-2 (AGM),
5.00%, 06/01/34

     5,000       5,470,150  

Turnpike Subordinate Revenue, Second Series, 5.00%, 12/01/32

     1,000       1,086,590  

Turnpike Subordinate Revenue, Second Series, 5.00%, 12/01/33

     1,815       1,964,937  

Turnpike Subordinate Revenue, Second Series, 5.00%, 12/01/34

     1,500       1,617,960  

Turnpike Subordinate Revenue, Second Series, 5.00%, 12/01/35

     2,005       2,154,773  

Philadelphia Gas Works Co., Refunding RB, General Ordinance, Series 14-T, 5.00%, 10/01/30

     425       471,822  

State Public School Building Authority, RB, School District of Philadelphia Project:

    

5.00%, 04/01/27

     4,130       4,358,926  

5.00%, 04/01/28

     8,000       8,419,600  

5.00%, 04/01/29

     6,000       6,296,940  

5.00%, 04/01/30

     5,500       5,755,915  
Security   Par
(000)		     Value  
Pennsylvania (continued)            

Township of East Hempfield Pennsylvania IDA, RB, Student Services, Inc. Student Housing Project:

    

5.00%, 07/01/30

   $ 1,280     $ 1,349,491  

5.00%, 07/01/30

     825       878,262  

Wayne County Hospital & Health Facilities Authority, RB, Wayne Memorial Hospital Project, Series A:

    

5.00%, 07/01/31

     355       397,302  

4.00%, 07/01/33

     440       443,190  
   

 

 

  
      345,734,948  
Rhode Island — 1.7%  

Rhode Island Health & Educational Building Corp., RB, Hospital Financing, LifeSpan Obligation, 5.00%, 05/15/30

     1,500       1,635,450  

Rhode Island Housing & Mortgage Finance Corp., RB, S/F Housing, Homeownership Opportunity Bonds, Series 68-B, 3.00%, 10/01/31

     13,500       12,669,075  

Tobacco Settlement Financing Corp., Refunding RB, Series A:

    

5.00%, 06/01/28

     2,750       2,967,030  

5.00%, 06/01/29

     4,500       4,830,615  

5.00%, 06/01/30

     4,215       4,501,873  
   

 

 

  
      26,604,043  
South Carolina — 0.1%  

South Carolina Jobs EDA, Refunding RB, The Lutheran Homes of South Carolina, Inc.,
5.00%, 05/01/28

     2,000       2,060,820  
   

 

 

  
Tennessee — 0.5%  

Chattanooga-Hamilton County Hospital Authority, Refunding RB, Erlanger Health System, Series A, 5.00%, 10/01/31

     6,210       6,624,890  

Counties of Nashville & Davidson Tennessee Metropolitan Government Health & Educational Facilities Board, RB, Vanderbilt University Medical Center, Series A, 5.00%, 07/01/31

     1,300       1,429,116  

County of Memphis-Shelby Industrial Development Board, Refunding, Tax Allocation Bonds, Graceland Project, Series A, 4.75%, 07/01/27

     605       625,812  
   

 

 

  
      8,679,818  
Texas — 17.6%  

Central Texas Regional Mobility Authority, RB, Senior Lien, Series A:

    

5.00%, 01/01/30

     1,600       1,764,464  
 

 

 

     11  

Schedule of Investments  (unaudited) (continued)

October 31, 2018

   

BlackRock Municipal 2030 Target Term Trust (BTT)

(Percentages shown are based on Net Assets)

 

Security   Par
(000)		     Value  
Texas (continued)  

Central Texas Regional Mobility Authority, RB, Senior Lien, Series A (continued):

    

5.00%, 01/01/31

   $ 1,175     $ 1,291,349  

5.00%, 01/01/33

     1,500       1,635,435  

Central Texas Turnpike System, Refunding RB, Series C:

    

5.00%, 08/15/32

     12,500       13,358,875  

5.00%, 08/15/33

     14,000       14,924,420  

City of Houston Texas Airport System, Refunding ARB, United Airlines, Inc. Terminal E Project, AMT, 5.00%, 07/01/29

     2,665       2,832,042  

City of Houston Texas Airport System Revenue, Refunding RB:

    

Series B-2, AMT, 5.00%, 07/15/20

     5,970       6,155,428  

Series D, 5.00%, 07/01/33

     7,000       7,909,440  

City of Houston Texas Combined Utility System Revenue, Refunding RB, First Lien, Series B:

    

5.25%, 11/15/33

     10,000       11,359,000  

5.00%, 11/15/34

     19,815       22,101,453  

Clifton Higher Education Finance Corp., RB, Idea Public Schools, 6.00%, 08/15/33

     1,650       1,820,280  

Clifton Higher Education Finance Corp., Refunding RB, Series A:

    

Idea Public Schools (PSF-GTD),
4.00%, 08/15/31

     1,250       1,299,137  

Idea Public Schools (PSF-GTD),
4.00%, 08/15/33

     1,200       1,234,752  

Uplift Education, 3.10%, 12/01/22

     630       618,370  

Uplift Education, 3.95%, 12/01/32

     1,800       1,724,724  

County of Harris Texas, Refunding RB, Toll Road, Senior Lien, Series C, 4.00%, 08/15/33

     12,325       12,695,736  

County of Harris Texas Cultural Education Facilities Finance Corp., RB, 1st Mortgage, Brazos Presbyterian Homes, Inc. Project,
Series B:

    

5.75%, 01/01/28

     500       540,395  

6.38%, 01/01/33

     460       506,120  

County of Harris Texas Cultural Education Facilities Finance Corp., Refunding RB,
Series A:

    

Brazos Presbyterian Homes, Inc. Project, 5.00%, 01/01/33

     1,090       1,118,743  

YMCA of the Greater Houston Area,
5.00%, 06/01/28

     1,150       1,209,950  

YMCA of the Greater Houston Area,
5.00%, 06/01/33

     3,000       3,125,610  
Security   Par
(000)		     Value  
Texas (continued)  

County of Matagorda Texas Navigation District No. 1, Refunding RB:

    

Series A (AMBAC), 4.40%, 05/01/30

   $ 31,120     $ 32,995,291  

Series B (AMBAC), AMT, 4.55%, 05/01/30

     10,000       10,493,500  

Series B-2, 4.00%, 06/01/30

     12,995       13,312,078  

County of Midland Texas Fresh Water Supply District No. 1, RB, CAB, City of Midland Project, Series A(a):

    

0.00%, 09/15/31

     6,235       3,861,647  

0.00%, 09/15/32

     15,135       8,898,169  

County of Tarrant Texas Cultural Education Facilities Finance Corp., RB, Baylor Health Care System Project, Series A:

    

4.00%, 11/15/31

     5,500       5,616,655  

4.00%, 11/15/32

     15,420       15,708,200  

County of Tarrant Texas Cultural Education Facilities Finance Corp., Refunding RB, Trinity Terrace Project, Series A-1, 5.00%, 10/01/29

     1,000       1,063,540  

Leander ISD, GO, CAB, Refunding, Series D (PSF-GTD)(a):

    

0.00%, 08/15/31

     1,200       736,188  

0.00%, 08/15/32

     2,000       1,164,860  

0.00%, 08/15/33

     4,485       2,480,878  

Mission EDC., Refunding RB, Senior Lien, Natural Gasoline Project, AMT, 4.63%, 10/01/31(b)(d)

     4,125       4,110,934  

New Hope Cultural Education Facilities Corp., RB, Series A:

    

Station 1 LLC Texas A&M University Project, 5.00%, 04/01/29

     2,290       2,415,217  

Stephenville LLC Tarleton State University Project, 5.38%, 04/01/28

     1,150       1,227,740  

Stephenville LLC Tarleton State University Project, 5.00%, 04/01/29

     725       765,738  

New Hope Cultural Education Facilities Corp., Refunding RB, 1st Mortgage, Morningside Ministries Project, 6.25%, 01/01/33

     1,600       1,736,720  

New Hope Cultural Education Facilities Finance Corp., RB, Jubilee Academic Center Project, Series A(b):

    

3.63%, 08/15/22

     295       291,646  

4.25%, 08/15/27

     450       440,285  
 

 

 

12   

Schedule of Investments  (unaudited) (continued)

October 31, 2018

   

BlackRock Municipal 2030 Target Term Trust (BTT)

(Percentages shown are based on Net Assets)

 

Security   Par
(000)		     Value  
Texas (continued)  

North Texas Tollway Authority, Refunding RB, 1st Tier, Series A, 5.00%, 01/01/35

   $ 5,750     $ 6,344,722  

Red River Health Facilities Development Corp., RB, Wichita Falls Retirement Foundation Project:

    

4.70%, 01/01/22

     520       532,329  

5.50%, 01/01/32

     1,000       1,032,390  

Socorro Independent School District, GO, Refunding, Series B, 4.00%, 08/15/34

     3,000       3,094,140  

Texas Municipal Gas Acquisition & Supply Corp. III, RB, Natural Gas Utility Improvements:

    

5.00%, 12/15/30

     13,000       13,839,150  

5.00%, 12/15/31

     25,000       26,564,000  

Texas Public Finance Authority, Refunding RB, Midwestern State University:

    

4.00%, 12/01/30

     2,000       2,055,620  

4.00%, 12/01/31

     1,650       1,690,062  

Texas Transportation Commission State Highway Fund, Refunding RB, 1st Tier,
5.00%, 10/01/22

     5,000       5,494,550  

University of Texas System, Refunding RB, Financing System, Series C, 5.00%, 08/15/20

     7,410       7,780,574  
   

 

 

  
      284,972,546  
Vermont — 0.2%  

Vermont EDA, Refunding, MRB, Wake Robin Corp. Project, 5.40%, 05/01/33

     2,400       2,503,080  
   

 

 

  
Virginia — 0.8%  

County of Fairfax Virginia EDA, RB, Vinson Hall LLC, Series A, 5.00%, 12/01/32

     2,000       2,105,160  

County of Hanover Virginia EDA, Refunding RB, Covenant Woods, Series A:

    

4.50%, 07/01/30

     3,000       3,022,020  

4.50%, 07/01/32

     1,100       1,104,367  

Dulles Town Center Community Development Authority, Refunding, Special Assessment, Dulles Town Center Project, 4.25%, 03/01/26

     500       491,935  

Virginia College Building Authority, RB, Green Bonds, Marymount University Project, Series B, 5.25%, 07/01/30(b)

     2,000       2,118,460  
Security   Par
(000)		     Value  
Virginia (continued)  

Virginia Small Business Financing Authority, RB, Senior Lien, Express Lanes LLC, AMT,
5.00%, 07/01/34

   $ 3,940     $ 4,127,032  
   

 

 

  
      12,968,974  
Washington — 2.3%  

Grant & Douglas Counties School District No. 144-101 Quincy, GO, 4.00%, 12/01/34

     7,475       7,701,717  

Greater Wenatchee Regional Events Center Public Facilities District, Refunding RB, Series A:

    

5.00%, 09/01/27

     1,000       1,014,540  

5.25%, 09/01/32

     1,850       1,869,018  

Port of Seattle Washington, Refunding RB, Interemediate Lien, AMT, Series C,
5.00%, 05/01/34

     6,000       6,591,780  

Port of Seattle Washington Industrial Development Corp., Refunding RB, Special Facilities, Delta Airline, Inc. Project, AMT, 5.00%, 04/01/30

     5,000       5,340,000  

Washington Biomedical Research Properties 3.2, RB, Series A:

    

5.00%, 01/01/31

     1,000       1,118,670  

5.00%, 01/01/32

     1,140       1,270,906  

Washington Health Care Facilities Authority, Refunding RB, MultiCare Health System, Series B, 5.00%, 08/15/35

     9,485       10,596,263  

Washington State Housing Finance Commission, Refunding RB, Emerald Heights Project:

    

5.00%, 07/01/28

     1,000       1,071,550  

5.00%, 07/01/33

     1,100       1,163,107  
   

 

 

  
      37,737,551  
West Virginia — 0.2%  

West Virginia Hospital Finance Authority, RB, West Virginia University Health System, Series A:

    

5.00%, 06/01/31

     1,950       2,148,412  

5.00%, 06/01/33

     1,100       1,201,739  
   

 

 

  
      3,350,151  
Wisconsin — 2.2%  

Public Finance Authority, Refunding RB, AMT:

    

National Gypsum Co., 5.25%, 04/01/30

     6,690       6,997,673  

Waste Management, Inc. Project,
2.63%, 11/01/25

     3,000       2,832,960  
 

 

 

     13  

Schedule of Investments  (unaudited) (continued)

October 31, 2018

   

BlackRock Municipal 2030 Target Term Trust (BTT)

(Percentages shown are based on Net Assets)

 

Security   Par
(000)		     Value  
Wisconsin (continued)  

Public Finance Authority, Refunding RB, AMT (continued):

    

Wisconsin Airport Facilities, Senior Obligated Group, Series B, 5.25%, 07/01/28

   $ 2,250     $ 2,389,748  

Wisconsin Health & Educational Facilities Authority, Refunding RB:

    

Advocate Aurora Health Credit Group, Series C-4, 2.26%, 08/15/54(e)

     8,200       8,200,000  

Marquette University, 4.00%, 10/01/32

     4,520       4,610,174  

Milwaukee Regional Medical Center Thermal Service, Inc.,
5.00%, 04/01/35(d)

     2,500       2,791,375  

Wisconsin Housing & Economic Development Authority, Refunding RB, S/F Housing, Series D, 3.00%, 09/01/32

     9,000       8,378,100  
   

 

 

  
      36,200,030  
   

 

 

  

Total Municipal Bonds — 133.5%
(Cost — $2,183,080,561)

 

     2,160,247,329  
   

 

 

  

Municipal Bonds Transferred to Tender Option Bond Trusts(i)

 

Colorado — 5.1%  

City & County of Denver Colorado, Refunding ARB, Department of Aviation,
Series A, AMT(j):

    

4.25%, 11/15/29

     33,820       35,067,349  

4.25%, 11/15/30

     35,210       36,508,615  

4.25%, 11/15/31

     8,085       8,383,191  

4.25%, 11/15/32

     2,230       2,312,247  
   

 

 

  
      82,271,402  
Florida — 5.9%  

County of Broward Florida, ARB, Series Q-1(j):

    

4.00%, 10/01/29

     17,200       17,433,815  

4.00%, 10/01/30

     18,095       18,340,981  

4.00%, 10/01/31

     18,820       19,075,837  

4.00%, 10/01/32

     19,575       19,841,100  

4.00%, 10/01/33

     20,355       20,631,704  
      95,323,437  
Iowa — 2.7%            

Iowa State Board of Regents, RB, University of Iowa Hospitals & Clinics:

 

  

4.00%, 09/01/28

     3,375       3,478,614  

4.00%, 09/01/29

     6,524       6,725,321  
Security   Par
(000)		     Value  
Iowa (continued)  

Iowa State Board of Regents, RB, University of Iowa Hospitals & Clinics (continued):

    

4.00%, 09/01/30

   $ 6,324     $ 6,519,181  

4.00%, 09/01/31

     8,649       8,915,559  

4.00%, 09/01/32

     7,749       7,987,929  

4.00%, 09/01/33

     9,374       9,662,817  
   

 

 

  
      43,289,421  
Nevada — 1.1%  

Clark County Nevada, 4.00%, 11/01/34

     17,710       18,148,917  
   

 

 

  
Pennsylvania — 2.8%  

Commonwealth of Pennsylvania, GO, 1st Series, 5.00%, 03/01/32(j)

     20,000       22,319,000  

Lehigh County Pennsylvania General Purpose Hospital, 4.00%, 07/01/33

     22,285       22,625,814  
   

 

 

  
      44,944,814  
Texas — 9.7%  

City of San Antonio Texas Public Facilities Corp., Refunding LRB, Convention Center Refinancing & Expansion Project:

    

4.00%, 09/15/30

     15,000       15,368,001  

4.00%, 09/15/31

     19,475       19,952,788  

4.00%, 09/15/32

     18,075       18,518,441  

4.00%, 09/15/33

     11,000       11,269,868  

4.00%, 09/15/34

     11,885       12,176,580  

4.00%, 09/15/35

     4,500       4,610,400  

Dallas Fort Worth International Airport, Refunding RB, AMT(j):

    

Series E, 4.00%, 11/01/32

     6,915       7,135,641  

Series E, 4.13%, 11/01/35

     10,435       10,767,955  

Series F, 5.00%, 11/01/29

     12,820       13,229,055  

Series F, 5.00%, 11/01/30

     15,565       16,061,641  

Series F, 5.00%, 11/01/31

     10,000       10,319,076  

Series F, 5.00%, 11/01/32

     17,170       17,717,853  
   

 

 

  
      157,127,299  
   

 

 

  

Total Municipal Bonds Transferred to Tender Option Bond Trusts — 27.3%
(Cost — $438,961,704)

 

     441,105,290  
   

 

 

  

Total Long-Term Investments — 160.8%
(Cost — $2,622,042,265)

 

     2,601,352,619  
   

 

 

  
 

 

 

14   

Schedule of Investments  (unaudited) (continued)

October 31, 2018

   

BlackRock Municipal 2030 Target Term Trust (BTT)

(Percentages shown are based on Net Assets)

 

Security       
Shares		     Value  
Short-Term Securities — 0.7%  

BlackRock Liquidity Funds, MuniCash, Institutional Class, 1.45%(k)(l)

     11,696,767     $ 11,697,937  
   

 

 

  

Total Short-Term Securities — 0.7%
(Cost — $11,697,937)

       11,697,937  
   

 

 

  

Total Investments — 161.5%
(Cost — $2,633,740,202)

 

     2,613,050,556  

Other Assets Less Liabilities — 1.0%

 

     16,638,974  

Liability for TOB Trust Certificates, Including Interest Expense and Fees Payable — (16.2)%

 

     (262,575,903 ) 

RVMTP Shares at Liquidation Value, Net of Deferred Offering Costs — (46.3)%

 

     (749,619,260 ) 
   

 

 

  

Net Assets Applicable to Common
Shares — 100.0%

 

   $   1,617,494,367  
   

 

 

  
 

 

(a) 

Zero-coupon bond.

(b) 

Security exempt from registration pursuant to Rule 144A under the Securities Act of 1933, as amended. These securities may be resold in transactions exempt from registration to qualified institutional investors.

(c)

U.S. Government securities, held in escrow, are used to pay interest on this security, as well as to retire the bond in full at the date indicated, typically at a premium to par.

(d) 

When-issued security.

(e) 

Variable or floating rate security, which interest rate adjusts periodically based on changes in current interest rates and prepayments on the underlying pool of assets. Rate shown is the rate in effect as of period end.

(f) 

Step-up bond that pays an initial coupon rate for the first period and then a higher coupon rate for the following periods. Rate as of period end.

(g) 

Issuer filed for bankruptcy and/or is in default.

(h) 

Non-income producing security.

(i) 

Represent bonds transferred to a TOB Trust in exchange of cash and residual certificates received by the Trust. These bonds serve as collateral in a secured borrowing.

(j) 

All or a portion of security is subject to a recourse agreement. The aggregate maximum potential amount the Trust could ultimately be required to pay under the agreements, which expires between May 1, 2020 to March 1, 2026, is $180,165,748.

(k) 

Annualized 7-day yield as of period end.

(l) 

During the period ended October 31, 2018, investments in issuers considered to be an affiliate of the Trust for purposes of Section 2(a)(3) of the Investment Company Act of 1940, as amended, were as follows:

 

Affiliate    Shares
Held at
07/31/18		      Net
Activity		      Shares
Held at
10/31/18		      Value at
10/31/18		      Income     

Net

Realized
Gain (Loss)(a)

      Change in
Unrealized
Appreciation
(Depreciation)		  

BlackRock Liquidity Funds, MuniCash, Institutional Class

      26,798,334        (15,101,567 )       11,696,767      $ 11,697,937      $ 88,411      $ (3 )     $ (2,680 ) 
           

 

 

     

 

 

     

 

 

     

 

 

  

 

  (a) 

Includes net capital gain distributions, if applicable.

 

For Fund compliance purposes, the Fund’s sector classifications refer to one or more of the sector sub-classifications used by one or more widely recognized market indexes or rating group indexes, and/or as defined by the investment adviser. These definitions may not apply for purposes of this report, which may combine such sector sub-classifications for reporting ease.

 

 

     15  

Schedule of Investments  (unaudited) (continued)

October 31, 2018

   

BlackRock Municipal 2030 Target Term Trust (BTT)

 

Portfolio Abbreviations

AGM — Assured Guaranty Municipal Corp.

AMBAC — American Municipal Bond Assurance Corp.

AMT — Alternative Minimum Tax (subject to)

ARB — Airport Revenue Bonds

BAM — Build America Mutual Assurance Co.

CAB — Capital Appreciation Bonds

COP — Certificates of Participation

EDA — Economic Development Authority

EDC — Economic Development Corp.

GARB — General Airport Revenue Bonds

GO — General Obligation Bonds

IDA — Industrial Development Authority

ISD — Independent School District

LRB — Lease Revenue Bonds

M/F — Multi-Family

MRB — Mortgage Revenue Bonds

NPFGC — National Public Finance Guarantee Corp.

PSF-GTD — Permanent School Fund Guaranteed

RB — Revenue Bonds

S/F — Single-Family

VRDN — Variable Rate Demand Notes

Fair Value Hierarchy as of Period End

Various inputs are used in determining the fair value of investments. These inputs to valuation techniques are categorized into a fair value hierarchy consisting of three broad levels for financial reporting purposes as follows:

 

  •  

Level 1 — Unadjusted price quotations in active markets/exchanges for identical assets or liabilities that the Trust has the ability to access

 

  •  

Level 2 — Other observable inputs (including, but not limited to, quoted prices for similar assets or liabilities in markets that are active, quoted prices for identical or similar assets or liabilities in markets that are not active, inputs other than quoted prices that are observable for the assets or liabilities (such as interest rates, yield curves, volatilities, prepayment speeds, loss severities, credit risks and default rates) or other market-corroborated inputs)

 

  •  

Level 3 — Unobservable inputs based on the best information available in the circumstances, to the extent observable inputs are not available (including the Trust’s own assumptions used in determining the fair value of investments)

The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to unobservable inputs (Level 3 measurements). Accordingly, the degree of judgment exercised in determining fair value is greatest for instruments categorized in Level 3. The inputs used to measure fair value may fall into different levels of the fair value hierarchy. In such cases, for disclosure purposes, the fair value hierarchy classification is determined based on the lowest level input that is significant to the fair value measurement in its entirety. Investments classified within Level 3 have significant unobservable inputs used by the BlackRock Global Valuation Methodologies Committee (the “Global Valuation Committee”) in determining the price for Fair Valued Investments. Level 3 investments include equity or debt issued by privately held companies or funds. There may not be a secondary market, and/or there are a limited number of investors. Level 3 investments may also be adjusted to reflect illiquidity and/or non-transferability, with the amount of such discount estimated by the Global Valuation Committee in the absence of market information.

Changes in valuation techniques may result in transfers into or out of an assigned level within the hierarchy. In accordance with the Trust’s policy, transfers between different levels of the fair value hierarchy are deemed to have occurred as of the beginning of the reporting period. The categorization of a value determined for investments is based on the pricing transparency of the investments and is not necessarily an indication of the risks associated with investing in those securities. For information about the Trust’s policy regarding valuation of investments, refer to the Trust’s most recent financial statements as contained in its annual report.

 

 

16   

Schedule of Investments  (unaudited) (continued)

October 31, 2018

   

BlackRock Municipal 2030 Target Term Trust (BTT)

 

Fair Value Hierarchy as of Period End (continued)

The following tables summarize the Trust’s investments categorized in the disclosure hierarchy:

 

      Level 1        Level 2        Level 3        Total  

Assets:

 

Investments:

 

Long-Term Investments (a)

    $ —        $ 2,601,352,619        $ —        $ 2,601,352,619  

Short-Term Securities

      11,697,937          —          —          11,697,937  
  

 

 

       

 

 

       

 

 

       

 

 

  
   $ 11,697,937        $ 2,601,352,619        $ —        $ 2,613,050,556  
  

 

 

       

 

 

       

 

 

       

 

 

  

 

  (a) 

See above Schedule of Investments for values in each state or political subdivision.

 

The Trust may hold assets and/or liabilities in which the fair value approximates the carrying amount for financial reporting purposes. As of period end, such assets and/or liabilities are categorized within the disclosure hierarchy as follows:

 

      Level 1        Level 2        Level 3        Total  

Liabilities:

 

RVMTP Shares at Liquidation Value

    $ —        $ (750,000,000 )       $ —        $ (750,000,000 ) 

TOB Trust Certificates

      —          (261,819,915 )         —          (261,819,915 ) 
  

 

 

       

 

 

       

 

 

       

 

 

  
   $ —        $ (1,011,819,915 )       $ —        $ (1,011,819,915 ) 
  

 

 

       

 

 

       

 

 

       

 

 

  

During the period ended October 31, 2018, there were no transfers between levels.

 

 

     17  

Item 2 – Controls and Procedures

 

2(a) –

The registrant’s principal executive and principal financial officers, or persons performing similar functions, have concluded that the registrant’s disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940, as amended (the “1940 Act”)) are effective as of a date within 90 days of the filing of this report based on the evaluation of these controls and procedures required by Rule 30a-3(b) under the 1940 Act and Rule 13a-15(b) under the Securities Exchange Act of 1934, as amended.

 

2(b) –

There were no changes in the registrant’s internal control over financial reporting (as defined in Rule 30a-3(d) under the 1940 Act) that occurred during the registrant’s last fiscal quarter that have materially affected, or are reasonably likely to materially affect, the registrant’s internal control over financial reporting.

Item 3 – Exhibits

Certifications – Attached hereto

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

BlackRock Municipal 2030 Target Term Trust

 

By:     /s/ John M. Perlowski                    
    John M. Perlowski

 Chief Executive Officer (principal executive officer) of BlackRock Municipal 2030 Target Term Trust

Date: December 19, 2018

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.

 

By:     /s/ John M. Perlowski                    
    John M. Perlowski

 Chief Executive Officer (principal executive officer) of BlackRock Municipal 2030 Target Term Trust

Date: December 19, 2018

 

By:     /s/ Neal J. Andrews                      
    Neal J. Andrews

 Chief Financial Officer (principal financial officer) of BlackRock Municipal 2030 Target Term Trust

Date: December 19, 2018