Blackrock Municipal 2030 Target Term Trust NPORTP (Oct 2020 report)

Schedule of Investments (unaudited)

October 31, 2020

BlackRock Municipal 2030 Target Term Trust (BTT)

(Percentages shown are based on Net Assets)


Security	Par (000)		Value

Municipal Bonds

Alabama — 3.1%
Alabama Federal Aid Highway Finance Authority, RB
Series A, 5.00%, 09/01/33	$	3,985	$	4,987,825
Series A, 5.00%, 09/01/34		3,500		4,370,205
Alabama Public School and College Authority, Refunding RB, Series A, 5.00%, 11/01/30^(a)		11,900		16,229,220
Alabama Special Care Facilities Financing Authority- Birmingham Alabama, Refunding RB, 5.00%, 06/01/30		10,000		11,623,700
Birmingham-Jefferson Civic Center Authority, ST
Series A, 5.00%, 07/01/31		1,100		1,250,458
Series A, 5.00%, 07/01/32		1,150		1,292,071
Series A, 5.00%, 07/01/33		1,600		1,781,120
County of Jefferson Alabama Sewer Revenue, Refunding RB, CAB^(b)
Series B, Senior Lien, (AGM), 0.00%, 10/01/31		7,375		4,506,789
Series B, Senior Lien, (AGM), 0.00%, 10/01/32		6,295		3,568,258
Series B, Senior Lien, (AGM), 0.00%, 10/01/33		1,275		669,898
Homewood Educational Building Authority, Refunding RB
Series A, 5.00%, 12/01/33		1,010		1,198,668
Series A, 5.00%, 12/01/34		1,380		1,630,318
University of South Alabama, Refunding RB
(AGM), 5.00%, 11/01/29		1,105		1,333,901
(AGM), 5.00%, 11/01/30		2,000		2,405,280

				56,847,711

Alaska — 0.0%
Northern Tobacco Securitization Corp., Refunding RB, Series A, 4.63%, 06/01/23		735		736,103


Arizona — 2.0%
Arizona Health Facilities Authority, Refunding RB
Series A, 5.00%, 02/01/34		6,340		6,662,135
Series B, 5.00%, 02/01/33		1,810		1,973,262
Arizona Industrial Development Authority, RB^(c)
4.00%, 07/01/29		760		802,659
4.50%, 07/01/29		765		791,377
4.00%, 07/01/30		700		704,837
Series A, 4.00%, 07/01/29		4,135		4,189,293
Industrial Development Authority of the City of Phoenix, RB
6.00%, 07/01/23^(d)		275		301,549
Series A, 4.50%, 07/01/22		205		209,405
Series A, 5.75%, 07/01/24^(c)		620		657,212
Series A, 5.00%, 07/01/33		1,000		1,025,090
Industrial Development Authority of the County of Pima, Refunding RB, Series A, 4.00%, 09/01/29		6,000		6,359,340
Maricopa County Industrial Development Authority, Refunding RB
4.00%, 07/01/29^(c)		855		889,816
Series A, 5.00%, 01/01/31		10,000		12,132,700

				36,698,675

California — 7.9%
Alameda Corridor Transportation Authority, Refunding RB, Series A, Sub Lien, (AMBAC), 0.00%, 10/01/30^(b)		10,530		8,256,784


Security	Par (000)		Value

California (continued)
California Health Facilities Financing Authority, RB
Series A, 5.00%, 11/15/32	$	1,600	$	1,973,632
Series A, 5.00%, 11/15/33		1,855		2,281,093
California Municipal Finance Authority, ARB, AMT, Senior Lien, 5.00%, 12/31/33		4,000		4,638,080
California Municipal Finance Authority, RB, 4.00%, 10/01/33		2,500		2,572,975
California Municipal Finance Authority, RB, S/F Housing, Series A, 5.00%, 08/15/30		1,000		1,116,520
California Municipal Finance Authority, Refunding RB
Series A, 5.00%, 07/01/30		1,200		1,428,060
Series A, 5.00%, 07/01/31		1,050		1,241,079
California School Finance Authority, RB^(c)
5.00%, 06/01/30		565		616,483
Series A, 5.00%, 06/01/29		290		319,081
Series A, 5.00%, 06/01/32		1,100		1,210,099
City of Long Beach California Harbor Revenue, ARB
Series A, AMT, 5.00%, 05/15/31		1,200		1,458,624
Series A, AMT, 5.00%, 05/15/32		1,800		2,175,876
Series A, AMT, 5.00%, 05/15/33		675		812,309
Series A, AMT, 5.00%, 05/15/34		1,650		1,978,399
Compton Unified School District, GO^(b)
Series B, (BAM), 0.00%, 06/01/33		1,000		745,520
Series B, (BAM), 0.00%, 06/01/34		1,125		806,873
Series B, (BAM), 0.00%, 06/01/35		1,000		690,270
Series B, (BAM), 0.00%, 06/01/36		1,000		655,490
El Camino Community College District Foundation, GO, CAB^(b)
Series C, 0.00%, 08/01/30		9,090		7,896,392
Series C, 0.00%, 08/01/31		12,465		10,527,690
Series C, 0.00%, 08/01/32		17,435		14,303,325
Golden State Tobacco Securitization Corp., Refunding RB, Series A-1, 5.00%, 06/01/29		14,500		17,600,535
Los Angeles Regional Airports Improvement Corp., Refunding RB, AMT, 5.00%, 01/01/32		4,110		4,295,443
Los Angeles Unified School District, GO, Series A, 4.00%, 07/01/33		3,000		3,374,790
Monterey Peninsula Community College District, Refunding GO, CAB^(b)
0.00%, 08/01/30		3,500		2,824,325
0.00%, 08/01/31		5,940		4,576,711
M-S-R Energy Authority, RB, Series C, 6.13%, 11/01/29		2,445		3,127,668
Norman Y Mineta San Jose International Airport SJC, Refunding RB
Series A, AMT, 5.00%, 03/01/30		500		601,970
Series A, AMT, 5.00%, 03/01/31		1,500		1,792,785
Series A, AMT, 5.00%, 03/01/32		1,000		1,187,470
Series A, AMT, 5.00%, 03/01/33		975		1,150,939
Series A, AMT, 5.00%, 03/01/34		1,250		1,468,687
Series A, AMT, 5.00%, 03/01/35		2,000		2,329,760
Poway Unified School District, GO^(b)
Series A, 0.00%, 08/01/30		10,000		8,632,400
Series A, 0.00%, 08/01/32		12,500		10,157,125
San Diego County Regional Airport Authority, ARB, Sub-Series B, AMT, 5.00%, 07/01/33		1,000		1,188,620


		1

Schedule of Investments (unaudited) (continued)

October 31, 2020

BlackRock Municipal 2030 Target Term Trust (BTT)

(Percentages shown are based on Net Assets)


Security	Par (000)		Value

California (continued)
State of California, Refunding GO, 5.00%, 08/01/30	$	10,000	$	12,558,000
Washington Township Health Care District, Refunding RB, Series B, 3.00%, 07/01/28		750		803,678

				145,375,560

Colorado — 3.4%
Central Platte Valley Metropolitan District, GO
Series A, 5.13%, 12/01/29		700		765,751
Series A, 5.50%, 12/01/29		750		828,803
City & County of Denver Colorado Airport System Revenue, Refunding ARB, Series A, AMT, 5.00%, 12/01/33		25,000		30,368,250
City & County of Denver Colorado, RB, CAB, Series A-2, 0.00%, 08/01/30^(b)		1,000		806,290
Colorado Health Facilities Authority, Refunding RB
4.00%, 05/15/26^(e)		2,860		3,416,642
Series A, 5.00%, 12/01/22^(e)		3,000		3,187,440
Series A, 4.00%, 08/01/37		3,000		3,355,260
Copperleaf Metropolitan District No.2, Refunding GO, 5.25%, 12/01/30		500		515,660
Park Creek Metropolitan District, Refunding RB
Series A, Senior Lien, 5.00%, 12/01/27		1,500		1,794,435
Series A, Senior Lien, 5.00%, 12/01/28		1,500		1,790,955
Series A, Senior Lien, 5.00%, 12/01/30		1,350		1,601,910
Series A, Senior Lien, 5.00%, 12/01/31		1,500		1,769,910
Plaza Metropolitan District No.1, Refunding TA^(c)
4.00%, 12/01/23		1,000		1,008,940
4.10%, 12/01/24		5,080		5,126,685
4.20%, 12/01/25		5,280		5,330,318
Tallyn’s Reach Metropolitan District No.3, GO, 5.00%, 12/01/33		503		502,643

				62,169,892

Connecticut — 0.8%
Capital Region Development Authority, Refunding RB
5.00%, 06/15/30		1,095		1,356,070
5.00%, 06/15/31		1,125		1,383,232
Connecticut State Health & Educational Facilities Authority, RB, Series A, 5.00%, 01/01/30^(c)		370		399,141
Connecticut State Health & Educational Facilities Authority, Refunding RB
Series G-1, 5.00%, 07/01/27^(c)		225		250,758
Series G-1, 5.00%, 07/01/28^(c)		300		336,846
Series G-1, 5.00%, 07/01/29^(c)		300		339,006
Series G-1, 5.00%, 07/01/30^(c)		300		336,984
Series G-1, 5.00%, 07/01/32^(c)		425		472,014
Series G-1, 5.00%, 07/01/34^(c)		355		390,227
Series I-1, 5.00%, 07/01/35		400		474,508
State of Connecticut, GO, Series A, 5.00%, 04/15/33		7,000		8,639,400

				14,378,186

Delaware — 0.5%
County of Kent Delaware, RB
Series A, 4.00%, 07/01/22		230		230,051
Series A, 5.00%, 07/01/24		705		725,579
Series A, 5.00%, 07/01/25		805		831,895
Series A, 5.00%, 07/01/26		850		880,974
Series A, 5.00%, 07/01/27		890		923,802


Security	Par (000)		Value

Delaware (continued)
County of Kent Delaware, RB (continued) Series A, 5.00%, 07/01/28	$	935	$	969,043
Delaware State Health Facilities Authority, RB, 4.00%, 06/01/35		1,250		1,372,113
Delaware Transportation Authority, Refunding RB, 5.00%, 09/01/30		2,000		2,672,980

				8,606,437

District of Columbia — 0.1%
District of Columbia, Refunding RB, Series A, 6.00%, 07/01/23^(e)		1,700		1,956,479


Florida — 8.2%
Capital Projects Finance Authority, Refunding RB, Series A-1, 5.00%, 10/01/30		1,000		1,125,200
Capital Trust Agency, Inc., RB, Series A, 4.00%, 06/15/29^(c)		1,790		1,901,893
Central Florida Expressway Authority, Refunding RB
Senior Lien, 5.00%, 07/01/32		1,610		2,022,595
Senior Lien, 5.00%, 07/01/33		2,750		3,435,740
City of Lakeland Florida, Refunding RB, 5.00%, 11/15/30		3,750		4,595,288
City of Tampa Florida, Refunding RB, Series A, 4.00%, 09/01/33		10,000		10,638,600
County of Broward Florida, RB
Series A, AMT, (AGM), 5.00%, 04/01/30		600		649,146
Series A, AMT, (AGM), 5.00%, 04/01/33		740		798,068
County of Miami-Dade Florida, Refunding RB, Series B, 4.00%, 04/01/32		6,690		7,569,334
County of Palm Beach Florida, RB, 5.00%, 04/01/29^(c)		1,000		1,044,650
County of St. Johns Florida Water & Sewer Revenue, Refunding RB, CAB^(b)
Series B, 0.00%, 06/01/30		2,000		1,711,700
Series B, 0.00%, 06/01/31		1,295		1,073,361
Series B, 0.00%, 06/01/32		2,495		2,000,865
Double Branch Community Development District, Refunding SAB, Series A-1, Senior Lien, 4.13%, 05/01/31		1,200		1,291,776
Florida Development Finance Corp., RB, AMT, 5.00%, 05/01/29^(c)		6,930		7,379,618
Florida Development Finance Corp., Refunding RB, 4.00%, 09/15/30^(c)		470		492,964
Jacksonville Port Authority, Refunding ARB, AMT, 4.50%, 11/01/22^(e)		9,445		10,206,928
Lakewood Ranch Stewardship District, Refunding SAB, 3.20%, 05/01/30^(c)		540		544,406
Lakewood Ranch Stewardship District, SAB, S/F Housing, 3.40%, 05/01/30		375		377,989
LT Ranch Community Development District, SAB, 3.40%, 05/01/30		985		1,002,405
Martin County Industrial Development Authority, Refunding RB, AMT, 4.20%, 12/15/25^(c)		7,250		7,266,965
Miami Beach Health Facilities Authority, Refunding RB, 5.00%, 11/15/30		1,000		1,133,230


2

Schedule of Investments (unaudited) (continued)

October 31, 2020

BlackRock Municipal 2030 Target Term Trust (BTT)

(Percentages shown are based on Net Assets)


Security	Par (000)		Value

Florida (continued)
Orange County Convention Center/Orlando, Refunding RB
5.00%, 10/01/30	$	11,470	$	14,510,123
4.00%, 10/01/32		9,485		10,396,414
Palm Beach County Health Facilities Authority, RB, Series B, 5.00%, 05/15/31		410		448,544
Palm Beach County Health Facilities Authority, Refunding RB, 5.00%, 11/15/32		16,805		19,410,447
Reedy Creek Improvement District, GO, Series A, 5.25%, 06/01/23^(e)		3,825		4,308,136
Sarasota National Community Development District, Refunding SAB, 3.50%, 05/01/31		1,000		1,037,560
School Board of Miami-Dade County, Refunding COP, Series A, 5.00%, 05/01/32		9,000		10,767,420
Tolomato Community Development District, Refunding SAB, Sub-Series A-2, 3.85%, 05/01/29		520		515,200
Village Community Development District No.10, SAB
4.50%, 05/01/23		1,165		1,199,764
5.00%, 05/01/32		5,265		5,472,757
Village Community Development District No.5, Refunding SAB
3.50%, 05/01/28		5,200		5,535,400
4.00%, 05/01/33		1,015		1,086,212
4.00%, 05/01/34		2,195		2,346,016
Village Community Development District No.6, Refunding SAB, 4.00%, 05/01/29		5,455		5,590,884

				150,887,598

Georgia — 1.6%
Main Street Natural Gas, Inc., RB
Series A, 5.00%, 05/15/29		1,250		1,559,813
Series A, 5.00%, 05/15/30		8,000		9,942,240
Municipal Electric Authority of Georgia, RB, Series A, 5.00%, 01/01/34		8,000		9,814,080
Municipal Electric Authority of Georgia, Refunding RB^(a)
Series A, 5.00%, 01/01/29		3,200		4,068,540
Series A, 5.00%, 01/01/30		3,155		4,057,247

				29,441,920

Idaho — 0.0%
Idaho Housing & Finance Association, RB, Series A, 4.63%, 07/01/29^(c)		185		199,141


Illinois — 14.2%
Chicago Board of Education, Refunding GO
Series C, 5.00%, 12/01/22		14,830		15,545,399
Series C, 5.00%, 12/01/30		7,025		7,696,309
Series F, 5.00%, 12/01/22		4,760		4,989,622
Chicago Housing Authority, RB, M/F Housing
Series A, 5.00%, 01/01/33		3,000		3,660,390
Series A, 5.00%, 01/01/35		1,500		1,807,380
Chicago Midway International Airport, Refunding ARB, Series A, 2nd Lien, AMT, 5.00%, 01/01/33		5,000		5,440,350
Chicago O’Hare International Airport, Refunding RB
Series B, AMT, 4.00%, 01/01/27		5,000		5,189,600
Series B, Senior Lien, 5.00%, 01/01/33		6,000		7,105,020
Chicago Transit Authority, Refunding RB, 5.00%, 06/01/26		3,000		3,681,960


Security	Par (000)		Value

Illinois (continued)
City of Chicago Illinois Motor Fuel Tax Revenue, Refunding RB, (AGM), 5.00%, 01/01/30	$	730	$	801,978
City of Chicago Illinois Wastewater Transmission Revenue, RB
2nd Lien, 4.00%, 01/01/31		10,375		10,703,576
2nd Lien, 4.00%, 01/01/32		10,790		11,129,022
2nd Lien, 4.00%, 01/01/33		11,220		11,568,942
2nd Lien, 4.00%, 01/01/35		9,135		9,409,598
City of St. Charles Illinois, Refunding GO
4.00%, 12/01/30		1,620		1,731,829
4.00%, 12/01/31		1,715		1,831,174
County of Cook Illinois, Refunding GO, Series C, 4.00%, 11/15/29		19,750		20,840,595
Illinois Finance Authority, Refunding RB
Series A, 4.00%, 11/01/24		425		434,065
Series A, 5.00%, 11/01/26		460		496,000
Series A, 5.00%, 11/01/28		1,745		1,906,430
Series A, 5.00%, 11/01/29		1,840		2,011,690
Series A, 5.00%, 10/01/30		1,000		1,189,420
Series A, 5.00%, 11/01/30		1,935		2,110,640
Series A, 5.00%, 11/15/31		8,415		9,787,992
Series A, 4.00%, 10/01/32		1,000		1,109,470
Series A, 5.00%, 11/15/32		2,075		2,404,054
Series A, 4.00%, 02/01/33		11,000		11,803,440
Series A, 5.00%, 11/15/33		2,125		2,449,403
Series B, 5.00%, 08/15/30		3,205		3,869,845
Series C, 5.00%, 02/15/30		12,000		14,726,400
Illinois State Toll Highway Authority, Refunding RB, Series A, 4.00%, 12/01/31		20,000		22,519,200
Kane McHenry Cook & De Kalb Counties Unit School District No.300, Refunding GO, Series A, 5.00%, 01/01/30		6,350		7,750,493
Metropolitan Pier & Exposition Authority, Refunding RB
5.00%, 12/15/28		1,200		1,396,380
5.00%, 12/15/30		1,385		1,589,135
State of Illinois, GO
Series A, 5.00%, 12/01/28		9,950		10,941,020
Series D, 5.00%, 11/01/28		10,805		11,639,470
State of Illinois, Refunding GO, Series B, 5.00%, 10/01/30		7,000		7,681,170
Upper Illinois River Valley Development Authority, Refunding RB, 4.00%, 01/01/31^(c)		370		372,216
Winnebago & Boone Counties School District
No.205 Rockford, GO 4.00%, 02/01/29		9,080		9,759,002
4.00%, 02/01/30		9,835		10,562,200

				261,641,879

Indiana — 2.7%
City of Indianapolis Department of Public Utilities Water System Revenue, Refunding RB, Series A, 1st Lien, 5.00%, 10/01/35		10,000		12,499,700
City of Valparaiso Indiana, RB, AMT, 5.88%, 01/01/24		1,105		1,161,498
City of Whiting Indiana, RB, Series A, AMT, 5.00%, 03/01/46^(f)		8,500		9,351,870


		3

Schedule of Investments (unaudited) (continued)

October 31, 2020

BlackRock Municipal 2030 Target Term Trust (BTT)

(Percentages shown are based on Net Assets)


Security	Par (000)		Value

Indiana (continued)
Indiana Finance Authority, Refunding RB, Series A, 4.00%, 05/01/23^(e)	$	22,565	$	24,621,800
Northern Indiana Commuter Transportation District, RB 5.00%, 07/01/32		1,000		1,201,140
5.00%, 07/01/33		1,400		1,673,896

				50,509,904

Iowa — 2.2%
Iowa Finance Authority, Refunding RB, 5.25%, 12/01/25		13,345		14,169,854
PEFA, Inc., RB, 5.00%, 09/01/49^(f)		21,415		25,914,292

				40,084,146

Kansas — 0.1%
Wyandotte County-Kansas City Unified Government Utility System Revenue, RB, Series A, 5.00%, 09/01/33		1,370		1,621,642


Kentucky — 0.6%
Kentucky Public Transportation Infrastructure Authority, RB, CAB Series B, 0.00%, 07/01/30^(b)		1,230		865,416
Series C, Convertible, 6.40%, 07/01/33^(g)		1,500		1,590,600
Louisville/Jefferson County Metropolitan Government, Refunding RB, Series A, 5.00%, 10/01/32		7,300		8,632,396

				11,088,412

Louisiana — 3.2%
City of Ruston Louisiana, RB (AGM), 5.00%, 06/01/29		1,060		1,284,720
(AGM), 5.00%, 06/01/30		1,000		1,207,010
(AGM), 5.00%, 06/01/31		1,020		1,224,643
(AGM), 5.00%, 06/01/32		1,225		1,462,613
Louisiana Local Government Environmental Facilities & Community Development Authority, RB, Series A-2, 6.50%, 11/01/35		2,130		2,138,371
Louisiana Public Facilities Authority, RB^(c)Series A, 5.00%, 06/01/29		710		744,336
Series A, 5.00%, 04/01/30		525		548,289
Louisiana Public Facilities Authority, Refunding RB 5.00%, 05/15/29		1,235		1,475,837
5.00%, 05/15/30		990		1,176,684
3.00%, 05/15/31		2,225		2,327,751
5.00%, 05/15/32		1,485		1,741,059
5.00%, 05/15/33		2,175		2,535,919
Series B, 3.50%, 06/01/30		5,990		6,093,088
Louisiana Stadium & Exposition District, Refunding RB, Series A, 5.00%, 07/01/30		3,000		3,214,380
Parish of St. John the Baptist Louisiana, Refunding RB 2.00%, 06/01/37^(f)		2,250		2,252,925
2.10%, 06/01/37^(f)		1,305		1,308,693
Sub-Series B-1, 2.13%, 06/01/37^(f)		1,800		1,806,498
Sub-Series B-1, 2.38%, 06/01/37^(f)		3,260		3,289,666
Port New Orleans Board of Commissioners, Refunding RB, Series B, AMT, 5.00%, 04/01/23^(e)		2,875		3,190,244
State of Louisiana, GO, Series A, 4.00%, 05/15/23^(e)		6,540		7,162,281
Terrebonne Levee & Conservation District, RB, 5.00%, 07/01/23^(e)		1,925		2,168,339


Security	Par (000)		Value

Louisiana (continued)
Tobacco Settlement Financing Corp., Refunding RB Series A, 5.25%, 05/15/32	$	4,375	$	4,584,387
Series A, 5.25%, 05/15/33		4,750		4,973,060
Series A, 5.25%, 05/15/35		1,500		1,596,975

				59,507,768

Maine — 0.1%
City of Portland Maine General Airport Revenue, Refunding RB 5.00%, 01/01/33		695		844,585
5.00%, 01/01/34		305		367,982
4.00%, 01/01/35		1,000		1,105,710

				2,318,277

Maryland — 1.9%
Anne Arundel County Consolidated Special Taxing District, ST 4.20%, 07/01/24		540		548,386
4.90%, 07/01/30		1,315		1,351,202
City of Baltimore Maryland, Refunding RB, 5.00%, 09/01/31		1,250		1,077,875
County of Prince George’s Maryland, TA, 5.00%, 07/01/30^(c)		585		612,881
Howard County Housing Commission, RB, M/F Housing, 5.00%, 12/01/33		1,765		2,089,072
Maryland Economic Development Corp., RB, Series D, AMT, 5.00%, 03/31/30		1,325		1,307,801
Maryland Economic Development Corp., Refunding RB, 5.75%, 09/01/25		1,985		1,988,216
Maryland Health & Higher Educational Facilities Authority, Refunding RB 5.00%, 07/01/29		2,200		2,546,698
5.00%, 07/01/31		2,400		2,820,800
5.00%, 07/01/32		500		603,910
5.00%, 07/01/33		2,585		3,015,520
5.00%, 07/01/34		775		928,512
Series A, 5.00%, 01/01/31		2,865		3,319,217
Series A, 5.00%, 01/01/32		3,010		3,468,363
Series A, 5.00%, 01/01/33		3,165		3,630,571
State of Maryland, GO, 1st Series, 3.00%, 03/15/34		5,000		5,533,400

				34,842,424

Massachusetts — 1.6%
Commonwealth of Massachusetts, GO, Series I, 5.00%, 12/01/33		5,000		6,139,100
Commonwealth of Massachusetts, Refunding GO, Series A, (AMBAC), 5.50%, 08/01/30		2,500		3,490,350
Massachusetts Bay Transportation Authority, Refunding RB, CAB, Series A, 0.00%, 07/01/32^(b)		5,500		4,291,210
Massachusetts Development Finance Agency, RB, Series A, 5.00%, 01/01/33		1,070		1,209,175
Massachusetts Development Finance Agency, Refunding RB Series A, 5.00%, 01/01/32		2,020		2,324,879
Series A, 5.00%, 01/01/33		1,500		1,721,055
Series A, 5.00%, 10/01/33		1,285		1,449,955
Series A, 5.00%, 01/01/34		2,085		2,380,861
Series A, 5.00%, 01/01/35		2,000		2,274,880
Massachusetts Educational Financing Authority, Refunding RB, Series K, AMT, 5.25%, 07/01/29		4,495		4,694,758

				29,976,223


4

Schedule of Investments (unaudited) (continued)

October 31, 2020

BlackRock Municipal 2030 Target Term Trust (BTT)

(Percentages shown are based on Net Assets)


Security	Par (000)		Value

Michigan — 1.6%
City of Detroit Michigan, GO 5.00%, 04/01/26	$	735	$	791,411
5.00%, 04/01/27		580		629,399
5.00%, 04/01/28		665		725,934
5.00%, 04/01/29		665		723,706
5.00%, 04/01/30		510		563,071
5.00%, 04/01/31		735		794,638
5.00%, 04/01/32		625		673,337
5.00%, 04/01/33		830		888,100
Michigan Finance Authority, Refunding RB
5.00%, 06/01/24^(e)		2,750		3,210,267
5.00%, 08/15/30		2,105		2,350,275
Michigan State Hospital Finance Authority, Refunding RB, Series C, 4.00%, 12/01/32		8,195		8,625,237
Michigan Strategic Fund, RB, AMT, 5.00%, 12/31/32		2,000		2,368,680
Michigan Strategic Fund, Refunding RB 5.00%, 11/15/29		1,260		1,396,861
5.00%, 11/15/34		1,410		1,516,131
Saginaw Valley State University, Refunding RB Series A, 5.00%, 07/01/31		2,070		2,477,728
Series A, 5.00%, 07/01/32		1,430		1,702,015

				29,436,790

Minnesota — 0.4%
City of Spring Lake Park Minnesota, RB, 4.00%, 06/15/29		1,185		1,232,945
Sartell-St Stephen Independent School District No.748, GO, CAB^(b)
Series B, 0.00%, 02/01/30		3,915		3,188,024
Series B, 0.00%, 02/01/31		2,190		1,718,624
Series B, 0.00%, 02/01/32		1,450		1,094,982

				7,234,575

Mississippi — 1.5%
Mississippi Development Bank, Refunding RB
Series A, (AGM), 5.00%, 03/01/30		2,280		2,666,391
Series A, (AGM), 5.00%, 03/01/31		1,595		1,858,701
Series A, (AGM), 5.00%, 03/01/32		2,000		2,320,940
Series A, (AGM), 5.00%, 03/01/33		1,275		1,477,024
State of Mississippi, RB
Series A, 5.00%, 10/15/35		5,000		5,854,250
Series E, 5.00%, 10/15/33		12,225		13,811,683

				27,988,989

Missouri — 0.6%
Health & Educational Facilities Authority of the State of Missouri, Refunding RB 5.00%, 05/01/30		3,000		3,177,510
5.00%, 05/15/31		1,175		1,392,728
4.00%, 05/15/32		1,680		1,868,899
4.00%, 05/15/33		2,000		2,212,240
Series A, 4.00%, 11/15/33		2,010		2,156,067
Industrial Development Authority of the City of St. Louis Missouri, Refunding RB, Series A, 3.88%, 11/15/29		970		855,365

				11,662,809

Montana — 0.6%
City of Forsyth Montana, Refunding RB, Series A, 3.90%, 03/01/31^(f)		10,050		10,611,996


Security	Par (000)		Value

Nebraska — 0.6%
Central Plains Energy Project, RB 5.00%, 09/01/27	$	5,000	$	5,392,450
5.00%, 09/01/32		4,500		4,842,855
Elkhorn School District, GO 4.00%, 12/15/32		325		391,999
4.00%, 12/15/33		375		449,362

				11,076,666

Nevada^(c)— 0.1%
Nevada Department of Business & Industry, RB, Series A, 5.00%, 07/15/27		335		362,631
State of Nevada Department of Business & Industry, RB, Series A, 4.50%, 12/15/29		655		686,178

				1,048,809

New Hampshire — 0.4%
New Hampshire Business Finance Authority, Refunding RB, Series A, AMT, 4.00%, 11/01/27^(c)		2,205		2,247,579
New Hampshire State Turnpike System, RB, Series C, 4.00%, 08/01/33		4,350		4,607,781

				6,855,360

New Jersey — 14.7%
Casino Reinvestment Development Authority, Inc., Refunding RB 5.00%, 11/01/21		2,465		2,505,648
5.00%, 11/01/22		1,890		1,950,782
Industrial Pollution Control Financing Authority of Gloucester County, Refunding RB, Series A, AMT, 5.00%, 12/01/24		1,270		1,319,111
New Jersey Economic Development Authority, RB
Series A, 4.00%, 06/15/29^(c)		665		707,274
Series A, 4.00%, 07/01/29		350		382,830
Series A, 5.00%, 06/15/32		4,500		5,119,515
Series C, 5.00%, 06/15/32		3,600		4,095,216
Series DDD, 5.00%, 06/15/35		2,000		2,236,980
AMT, 5.00%, 01/01/28		4,705		5,197,002
Series A, AMT, 5.63%, 11/15/30		1,740		1,786,632
Series B, AMT, 5.63%, 11/15/30		1,315		1,351,163
New Jersey Economic Development Authority, Refunding RB 5.00%, 06/15/26		10,610		11,089,678
4.25%, 06/15/27		16,500		17,025,525
(AGM), 5.00%, 06/01/28		1,000		1,211,660
5.00%, 01/01/29		2,280		2,528,908
(AGM), 5.00%, 06/01/30		1,500		1,792,650
(AGM), 5.00%, 06/01/31		1,750		2,080,470
(AGM), 4.00%, 06/01/32		2,125		2,367,887
Series BBB, 5.50%, 06/15/29		10,000		11,729,300
Series MMM, 4.00%, 06/15/35		5,000		5,329,150
Sub-Series A, 4.00%, 07/01/32		9,855		10,272,458
New Jersey Economic Development Authority, Refunding SAB, 5.75%, 04/01/31		5,000		5,115,750
New Jersey Educational Facilities Authority, RB,
Series A, 4.00%, 09/01/30		5,860		6,144,327
New Jersey Health Care Facilities Financing Authority, Refunding RB 5.00%, 07/01/28		1,500		1,738,380
5.00%, 07/01/29		4,150		4,962,132
5.00%, 07/01/30		3,500		4,161,427
Series A, 5.00%, 07/01/30		11,245		13,500,747


		5

Schedule of Investments (unaudited) (continued)

October 31, 2020

BlackRock Municipal 2030 Target Term Trust (BTT)

(Percentages shown are based on Net Assets)


Security	Par (000)		Value

New Jersey (continued)
New Jersey Higher Education Student Assistance Authority, RB
Series 1A, AMT, 5.00%, 12/01/25	$	5,500	$	6,430,325
Series 1A, AMT, 5.00%, 12/01/26		2,250		2,623,882
Series A, AMT, 4.00%, 12/01/32		2,500		2,696,825
Series A, AMT, 4.00%, 12/01/33		2,000		2,138,160
Series A, AMT, 4.00%, 12/01/34		1,000		1,076,840
Series A, AMT, 4.00%, 12/01/35		1,000		1,058,350
New Jersey Housing & Mortgage Finance Agency, Refunding RB, Series A, AMT, 3.80%, 10/01/32		12,180		13,255,129
New Jersey Transportation Trust Fund Authority, RB
Series AA, 5.25%, 06/15/27		4,225		4,828,119
Series AA, 5.25%, 06/15/28		4,500		5,124,465
Series AA, 4.00%, 06/15/30		10,815		11,197,202
Series BB, 5.00%, 06/15/30		1,500		1,758,150
Series C, 5.25%, 06/15/32		10,000		11,053,900
Series D, 5.00%, 06/15/32		5,000		5,475,300
New Jersey Transportation Trust Fund Authority, Refunding RB
Series A, 5.00%, 06/15/30		6,600		7,557,858
Series A, 5.00%, 12/15/30		21,325		24,840,639
Newark Housing Authority Scholarship Foundation A New Jersey Non, Refunding RB, (NPFGC), 5.25%, 01/01/27		5,000		5,749,200
South Jersey Transportation Authority, Refunding RB, Series A, 5.00%, 11/01/33		500		557,870
Tobacco Settlement Financing Corp., Refunding RB
Series A, 5.00%, 06/01/30		16,740		20,964,004
Series A, 5.00%, 06/01/32		8,270		10,198,068
Township of Irvington NJ, Refunding GO
Series A, (AGM), 5.00%, 07/15/30		2,000		2,280,180
Series A, (AGM), 5.00%, 07/15/31		1,450		1,650,506

				270,217,574

New Mexico — 1.4%
City of Santa Fe New Mexico, RB, Series A, 5.00%, 05/15/34		480		514,762
New Mexico Educational Assistance Foundation, RB
Series A-1, AMT, (GTD), 3.75%, 09/01/31		6,250		6,575,625
Series A-1, AMT, (GTD), 3.88%, 04/01/34		2,000		2,089,600
Series A-2, AMT, (GTD), 3.80%, 11/01/32		5,850		6,136,065
Series A-2, AMT, (GTD), 3.80%, 09/01/33		10,000		10,438,700

				25,754,752

New York — 3.9%
Build NYC Resource Corp., Refunding RB, AMT, 4.50%, 01/01/25^(c)		820		856,539
County of Nassau New York, GO
Series A, (AGM), 5.00%, 04/01/34		4,165		5,120,659
Series A, (AGM), 5.00%, 04/01/35		4,385		5,369,170
Metropolitan Transportation Authority, Refunding RB, Sub-Series C-1, 5.00%, 11/15/34		10,000		10,676,100
Metropolitan Transportation Authority, Refunding RB, CAB^(b)
Series A, 0.00%, 11/15/30		13,000		9,537,970
Series C-2, 0.00%, 11/15/32		19,315		12,634,714
New York City Transitional Finance Authority Future Tax Secured Revenue, RB, Sub-Series B-1, 5.00%, 08/01/30		4,980		6,127,890


Security	Par (000)		Value

New York (continued)
New York Transportation Development Corp., ARB
Series A, AMT, 4.00%, 07/01/32	$	5,500	$	5,835,390
Series A, AMT, 4.00%, 07/01/33		6,000		6,339,840
New York Transportation Development Corp., RB, AMT, 4.00%, 10/01/30		8,140		8,324,290

				70,822,562

North Carolina — 0.0%
North Carolina Medical Care Commission, RB, Series A, 4.00%, 10/01/27		600		686,976


Ohio — 1.3%
County of Butler Ohio, Refunding RB 5.00%, 11/15/30		1,225		1,503,393
5.00%, 11/15/31		2,500		3,050,075
5.00%, 11/15/32		2,200		2,670,096
County of Franklin Ohio, RB
Series A, 5.25%, 07/01/28		470		470,766
Series A, 5.63%, 07/01/32		940		941,664
County of Hamilton Ohio Sales Tax Revenue, Refunding RB, Series A, 5.00%, 12/01/30		4,500		5,428,035
Ohio Air Quality Development Authority, Refunding RB, 3.25%, 09/01/29		4,450		4,482,574
State of Ohio, RB
AMT, (AGM), 5.00%, 12/31/29		1,625		1,888,250
AMT, (AGM), 5.00%, 12/31/30		2,400		2,783,400

				23,218,253

Oklahoma — 0.9%
Norman Regional Hospital Authority, Refunding RB
5.00%, 09/01/27		2,100		2,502,591
5.00%, 09/01/28		2,000		2,370,600
5.00%, 09/01/29		2,150		2,530,421
5.00%, 09/01/30		5,130		5,998,971
Oklahoma Capitol Improvement Authority, RB, Series B, 5.00%, 07/01/30^(a)		2,150		2,884,827

				16,287,410

Oregon — 0.5%
Oregon Health & Science University, Refunding RB, Series B, 5.00%, 07/01/35		7,390		8,793,804


Pennsylvania — 18.3%
Allegheny County Hospital Development Authority, Refunding RB
Series A, 5.00%, 04/01/31		3,075		3,748,886
Series A, 5.00%, 04/01/34		3,345		4,005,169
Series A, 5.00%, 04/01/35		1,000		1,191,340
Allentown Neighborhood Improvement Zone Development Authority, RB^(c)
5.00%, 05/01/23		490		502,333
5.00%, 05/01/28		835		891,972
Allentown Neighborhood Improvement Zone Development Authority, Refunding RB
Series A, 5.00%, 05/01/27		6,750		7,023,375
Series A, 5.00%, 05/01/28		5,000		5,200,650
Series A, 5.00%, 05/01/29		3,745		3,893,901
Series A, 5.00%, 05/01/30		5,300		5,509,085
Chester County Health and Education Facilities Authority, Refunding RB
Series A, 5.00%, 12/01/30		2,180		2,230,205
Series A, 5.00%, 10/01/32		1,450		1,775,163


6

Schedule of Investments (unaudited) (continued)

October 31, 2020

BlackRock Municipal 2030 Target Term Trust (BTT)

(Percentages shown are based on Net Assets)


Security	Par (000)		Value

Pennsylvania (continued)
Chester County Health and Education Facilities Authority, Refunding RB (continued) Series A, 5.00%, 10/01/33	$	2,300	$	2,805,379
Chester County Industrial Development Authority, SAB, 4.38%, 03/01/28^(c)		265		265,522
City of Philadelphia Pennsylvania Airport Revenue, Refunding RB, Series A, 5.00%, 07/01/30		5,000		6,477,750
City of Philadelphia Pennsylvania, Refunding GO
(AGM), 5.00%, 08/01/30		9,235		11,477,720
(AGM), 4.00%, 08/01/32		6,000		6,994,080
Series A, 5.00%, 08/01/30		4,500		5,517,180
Clarion County Industrial Development Authority, Refunding RB, AMT, 2.45%, 12/01/39^(f)		4,200		4,482,072
Commonwealth Financing Authority, RB
5.00%, 06/01/30		3,500		4,388,860
5.00%, 06/01/32		6,000		7,425,600
Commonwealth of Pennsylvania, Refunding GO, 1st Series, 4.00%, 01/01/30		7,000		8,178,520
Cumberland County Municipal Authority, Refunding RB
5.00%, 01/01/29		1,300		1,415,375
5.00%, 01/01/30		2,675		2,898,737
5.00%, 01/01/32		1,510		1,631,570
Dauphin County General Authority, Refunding RB, Series A, 4.00%, 06/01/31		2,275		2,512,942
Delaware County Authority, Refunding RB
5.00%, 07/01/28		800		908,736
5.00%, 07/01/29		1,365		1,542,559
5.00%, 07/01/30		1,435		1,602,680
East Hempfield Township Industrial Development Authority, RB, 5.00%, 07/01/30		2,105		2,132,914
Geisinger Authority, Refunding RB
Series A-2, 5.00%, 02/15/32		4,000		4,800,640
Series A-2, 5.00%, 02/15/34		1,750		2,083,882
Lancaster County Hospital Authority, Refunding RB, Series A, 3.00%, 08/15/30		2,535		2,746,825
Montgomery County Higher Education and Health Authority, Refunding RB
4.00%, 09/01/34		3,000		3,333,390
4.00%, 09/01/35		1,735		1,916,117
4.00%, 09/01/36		1,500		1,649,775
Series A, 5.00%, 09/01/31		1,750		2,109,275
Series A, 5.00%, 09/01/32		1,315		1,573,490
Montgomery County Industrial Development Authority, Refunding RB
5.00%, 05/15/22^(e)		2,500		2,681,600
5.00%, 01/01/30		2,000		2,009,460
Series A, 5.25%, 01/15/29		3,250		3,487,835
Northampton County General Purpose Authority, RB, Series A, 5.00%, 08/15/33		12,660		13,990,693
Northampton County General Purpose Authority, Refunding RB, 5.00%, 11/01/34		5,400		6,543,558
Pennsylvania Economic Development Financing Authority, RB
Series A-1, 5.00%, 04/15/30		2,500		3,245,975
AMT, 5.00%, 12/31/29		5,000		5,930,450
AMT, 5.00%, 12/31/30		13,100		15,423,285
AMT, 5.00%, 12/31/34		16,500		19,058,985


Security	Par (000)		Value

Pennsylvania (continued)
Pennsylvania Economic Development Financing Authority, Refunding RB, 5.00%, 03/15/31	$	4,500	$	5,386,320
Pennsylvania Higher Educational Facilities Authority, RB, Series AT-1, 5.00%, 06/15/30		7,910		9,541,279
Pennsylvania Higher Educational Facilities Authority, Refunding RB
5.00%, 05/01/30		425		500,994
5.00%, 05/01/31		1,275		1,494,415
4.00%, 05/01/32		3,000		2,990,010
5.00%, 05/01/32		1,750		2,040,063
5.00%, 05/01/33		3,320		3,850,602
5.00%, 05/01/35		1,000		1,153,140
Pennsylvania Housing Finance Agency, Refunding RB, Series 125A, AMT, 3.40%, 10/01/32		9,000		9,508,230
Pennsylvania Turnpike Commission, RB
Series B, 5.00%, 12/01/29		800		1,056,552
Series B, 5.00%, 12/01/30		620		829,628
Sub-Series B-1, 5.00%, 06/01/31		3,000		3,623,490
Sub-Series B-1, 5.00%, 06/01/32		4,075		4,897,090
Sub-Series B-1, 5.00%, 06/01/33		4,000		4,787,560
Pennsylvania Turnpike Commission, Refunding RB
5.00%, 12/01/30		5,000		5,984,350
2nd Series, 5.00%, 12/01/32		1,000		1,210,380
2nd Series, 5.00%, 12/01/35		2,005		2,393,088
2nd Sub Series, 5.00%, 12/01/33		1,815		2,187,801
2nd Sub Series, 5.00%, 12/01/34		1,500		1,798,290
Sub-Series B-2, (AGM), 5.00%, 06/01/34		4,000		4,873,840
Philadelphia Authority for Industrial Development, RB, 4.00%, 06/15/29		350		362,873
Philadelphia Gas Works Co, RB, Series A, (AGM), 5.00%, 08/01/30		800		1,056,864
Philadelphia Gas Works Co, Refunding RB, Series 14-T, 5.00%, 10/01/30		425		514,645
Southeastern Pennsylvania Transportation Authority, RB
5.00%, 06/01/21		250		256,710
5.00%, 06/01/30		5,000		6,577,450
State Public School Building Authority, RB, 5.00%, 04/01/22^(e)		23,630		25,210,783
Wayne County Hospital & Health Facilities Authority, RB
Series A, (GTD), 5.00%, 07/01/31		460		565,630
Series A, (GTD), 4.00%, 07/01/33		440		497,455
Westmoreland County Municipal Authority, Refunding RB
(BAM), 5.00%, 08/15/27		1,500		1,784,010
(BAM), 5.00%, 08/15/31		5,000		6,122,900
(BAM), 5.00%, 08/15/32		17,945		21,891,823

				336,163,775

Puerto Rico^(b)— 4.0%
Puerto Rico Sales Tax Financing Corp. Sales Tax Revenue, RB, CAB
Series A-1, Restructured, 0.00%, 07/01/29		14,055		11,122,003
Series A-1, Restructured, 0.00%, 07/01/31		34,336		25,199,877
Series A-1, Restructured, 0.00%, 07/01/33		43,149		28,993,107
Series B-1, Restructured, 0.00%, 07/01/31		5,755		4,169,958
Series B-1, Restructured, 0.00%, 07/01/33		6,477		4,314,200

				73,799,145


		7

Schedule of Investments (unaudited) (continued)

October 31, 2020

BlackRock Municipal 2030 Target Term Trust (BTT)

(Percentages shown are based on Net Assets)


Security	Par (000)		Value

Rhode Island — 1.6%
Rhode Island Health and Educational Building Corp., Refunding RB, 5.00%, 05/15/30	$	1,500	$	1,702,380
Rhode Island Housing and Mortgage Finance Corp., RB, S/F Housing, Series 68-B, 3.00%, 10/01/31		13,500		14,103,585
Tobacco Settlement Financing Corp., Refunding RB
Series A, 5.00%, 06/01/28		2,750		3,189,945
Series A, 5.00%, 06/01/29		4,500		5,210,640
Series A, 5.00%, 06/01/30		4,215		4,870,643

				29,077,193

South Carolina — 0.8%
South Carolina Jobs-Economic Development Authority, Refunding RB, Series A, 5.00%, 05/01/35		10,000		11,833,000
South Carolina Public Service Authority, Refunding RB, Series A, 5.00%, 12/01/31^(a)		2,800		3,659,376

				15,492,376

Tennessee — 0.6%
Chattanooga Health Educational & Housing Facility Board, Refunding RB, Series A, 4.00%, 08/01/36		2,000		2,200,400
Chattanooga-Hamilton County Hospital Authority, Refunding RB, Series A, 5.00%, 10/01/31		6,210		6,889,995
Memphis-Shelby County Industrial Development Board, Refunding TA, Series A, 4.75%, 07/01/27		525		484,727
Metropolitan Government Nashville & Davidson County Health & Educational Facs Bd, RB, Series A, 5.00%, 07/01/31		1,300		1,542,762

				11,117,884

Texas — 14.3%
Central Texas Regional Mobility Authority, RB
Series A, Senior Lien, 5.00%, 01/01/30		1,600		1,874,272
Series A, Senior Lien, 5.00%, 01/01/31		1,175		1,373,845
Series A, Senior Lien, 5.00%, 01/01/33		1,500		1,737,540
Central Texas Turnpike System, RB
Series C, 5.00%, 08/15/32		12,500		14,288,125
Series C, 5.00%, 08/15/33		14,000		15,970,780
City of Austin Texas Water & Wastewater System Revenue, Refunding RB, Series C, 5.00%, 11/15/30^(a)		900		1,227,825
City of Houston Texas Airport System Revenue, Refunding RB, Sub-Series D, 5.00%, 07/01/33		7,000		8,627,710
City of Houston Texas Combined Utility System Revenue, Refunding RB
Series B, 1st Lien, 5.25%, 11/15/33		4,000		4,943,360
Series B, 1st Lien, 5.00%, 11/15/34		7,315		8,884,945
Clifton Higher Education Finance Corp., RB, 6.00%, 08/15/33		1,650		1,831,797
Clifton Higher Education Finance Corp., Refunding RB
Series A, 3.10%, 12/01/22		480		486,360
Series A, (PSF-GTD), 4.00%, 08/15/31		1,250		1,439,037
Series A, 3.95%, 12/01/32		1,800		1,826,460
Series A, (PSF-GTD), 4.00%, 08/15/33		1,200		1,371,672
County of Harris Texas, Refunding RB, Series C, Senior Lien, 4.00%, 08/15/33		12,325		12,970,707
County of Nueces Texas, Refunding GO
4.00%, 02/15/33		1,165		1,387,585
4.00%, 02/15/35		725		855,138


Security	Par (000)		Value

Texas (continued)
Dallas Fort Worth International Airport, Refunding RB, 5.00%, 11/01/32	$	5,000	$	6,497,850
Harris County Cultural Education Facilities Finance Corp., RB
Series B, 5.75%, 01/01/28		500		528,310
Series B, 6.38%, 01/01/33		460		490,006
Harris County Cultural Education Facilities Finance Corp., Refunding RB
Series A, 5.00%, 06/01/28		1,150		1,189,100
Series A, 5.00%, 01/01/33		1,090		1,119,833
Series A, 5.00%, 06/01/33		3,000		3,038,370
Leander Independent School District, Refunding GO, CAB^(b)
Series D, (PSF-GTD), 0.00%, 08/15/31		1,200		829,392
Series D, (PSF-GTD), 0.00%, 08/15/32		2,000		1,336,780
Series D, (PSF-GTD), 0.00%, 08/15/33		4,485		2,848,917
Matagorda County Navigation District No.1, Refunding RB
Series A, (AMBAC), 4.40%, 05/01/30		26,120		31,195,116
Series B-2, 4.00%, 06/01/30		12,995		13,899,322
Series B, AMT, (AMBAC), 4.55%, 05/01/30		10,000		12,071,400
Midland County Fresh Water Supply District No.1, RB, CAB^(b)
Series A, 0.00%, 09/15/31		6,235		4,578,548
Series A, 0.00%, 09/15/32		15,135		10,541,679
Mission Economic Development Corp., Refunding RB, AMT, Senior Lien, 4.63%, 10/01/31^(c)		3,805		4,030,522
New Hope Cultural Education Facilities Finance Corp., RB^(c)
Series A, 3.63%, 08/15/22		195		195,755
Series A, 4.25%, 08/15/27		450		452,462
Series A, 4.00%, 08/15/29		335		351,294
North Texas Tollway Authority, Refunding RB, Series A, 5.00%, 01/01/35		5,750		6,901,437
Red River Health Facilities Development Corp., RB
4.70%, 01/01/22		275		277,189
5.50%, 01/01/32		1,000		1,016,080
Socorro Independent School District, Refunding GO, Series B, (PSF-GTD), 4.00%, 08/15/34		3,000		3,513,540
Tarrant County Cultural Education Facilities Finance Corp., RB
Series A, 4.00%, 11/15/31		5,500		5,939,120
Series A, 4.00%, 11/15/32		15,420		16,628,003
Series B, 5.00%, 07/01/35		6,000		7,356,300
Tarrant County Cultural Education Facilities Finance Corp., Refunding RB, Series A-1, 5.00%, 10/01/29		1,000		1,080,110
Texas Municipal Gas Acquisition & Supply Corp. III, RB
5.00%, 12/15/30		13,000		14,044,810
5.00%, 12/15/31		25,000		27,010,000
Texas Public Finance Authority, Refunding RB, 4.00%, 12/01/31		1,650		1,874,565
Texas Transportation Commission State Highway Fund, Refunding RB, 5.00%, 10/01/22		1,000		1,090,590

				263,023,558

Utah — 0.3%
Utah Transit Authority, Refunding RB, Subordinate, 4.00%, 12/15/31		5,000		5,692,500


8

Schedule of Investments (unaudited) (continued)

October 31, 2020

BlackRock Municipal 2030 Target Term Trust (BTT)

(Percentages shown are based on Net Assets)


Security	Par (000)		Value

Virginia — 0.6%
Dulles Town Center Community Development Authority, Refunding SAB, 4.25%, 03/01/26	$	500	$	495,270
Fairfax County Economic Development Authority, RB, Series A, 5.00%, 12/01/32		2,000		2,103,900
Hanover County Economic Development Authority, Refunding RB
Series A, 4.50%, 07/01/30		3,000		3,022,950
Series A, 4.50%, 07/01/32		1,100		1,106,655
Virginia Small Business Financing Authority, RB, AMT, Senior Lien, 5.00%, 07/01/34		3,940		4,076,442

				10,805,217

Washington — 2.3%
Grant & Douglas Counties School District No.144-101 Quincy, GO, 4.00%, 12/01/34		7,475		8,535,104
Greater Wenatchee Regional Events Center Public Facilities District, Refunding RB
Series A, 5.00%, 09/01/27		1,000		1,002,980
Series A, 5.25%, 09/01/32		1,555		1,556,882
Port of Seattle Washington, ARB
Series C, AMT, Intermediate Lien, 5.00%, 05/01/33		6,695		7,848,883
Series C, AMT, Intermediate Lien, 5.00%, 05/01/34		6,000		6,994,560
Washington Health Care Facilities Authority, Refunding RB, Series B, 5.00%, 08/15/35		9,485		11,494,113
Washington State Housing Finance Commission, Refunding RB
5.00%, 07/01/28		1,000		1,090,260
5.00%, 07/01/33		1,100		1,194,061
WBRP 3.2, RB
Series A, 5.00%, 01/01/31		1,000		1,191,240
Series A, 5.00%, 01/01/32		1,140		1,355,665

				42,263,748

West Virginia — 0.2%
West Virginia Hospital Finance Authority, RB
Series A, 5.00%, 06/01/31		1,950		2,328,944
Series A, 5.00%, 06/01/33		1,100		1,299,254

				3,628,198

Wisconsin — 2.1%
Public Finance Authority, RB^(c)
5.00%, 01/01/31		650		687,395
Series A, 4.00%, 07/15/29		645		657,410
Series A, 4.00%, 03/01/30		1,305		1,326,245
Series A, 3.75%, 06/01/30		345		329,561
Public Finance Authority, Refunding RB 4.00%, 09/01/29^(c)		430		424,651
AMT, 2.63%, 11/01/25		3,000		3,140,550
Series B, AMT, 5.25%, 07/01/28		2,250		2,391,322
State of Wisconsin, GO, Series B, 3.00%, 05/01/21^(e)		5,000		5,068,200
Wisconsin Health & Educational Facilities Authority, Refunding RB
4.00%, 10/01/32		4,520		4,763,040
5.00%, 04/01/35		2,500		3,095,775


Security	Par (000)		Value

Wisconsin (continued)
Wisconsin Health & Educational Facilities Authority, Refunding RB (continued) Series C-4, 0.76%, 08/15/54^(f)	$	8,200	$	8,191,456
Wisconsin Housing & Economic Development Authority, Refunding RB, S/F Housing, Series D, (FNMA), 3.00%, 09/01/32		9,000		9,388,530

				39,464,135


Total Municipal Bonds — 127.8% (Cost: $2,193,901,720)				2,351,113,431


Municipal Bonds Transferred to Tender Option Bond Trusts^(h)

Colorado⁽ⁱ⁾— 4.6%
City & County of Denver Colorado Airport System Revenue, Refunding ARB
Series A, AMT, 4.25%, 11/15/22^(e)		69,030		73,690,049
Series A, AMT, 4.25%, 11/15/31		8,085		8,630,799
Series A, AMT, 4.25%, 11/15/32		2,230		2,380,542

				84,701,390

Florida⁽ⁱ⁾— 5.4%
County of Broward Florida Airport System Revenue, ARB
Series Q-1, 4.00%, 10/01/29		17,200		18,239,471
Series Q-1, 4.00%, 10/01/30		18,095		19,188,560
Series Q-1, 4.00%, 10/01/31		18,820		19,957,375
Series Q-1, 4.00%, 10/01/32		19,575		20,758,003
Series Q-1, 4.00%, 10/01/33		20,355		21,585,142

				99,728,551

Iowa — 2.4%
State of Iowa Board of Regents, RB
4.00%, 09/01/28		3,375		3,584,071
4.00%, 09/01/29		6,525		6,929,204
4.00%, 09/01/30		6,325		6,716,815
4.00%, 09/01/31		8,650		9,185,842
4.00%, 09/01/32		7,750		8,230,089
4.00%, 09/01/33		9,375		9,955,753

				44,601,774

Nevada — 1.1%
County of Clark Nevada, Refunding GO, Series B, 4.00%, 11/01/34		17,710		20,099,964


Pennsylvania — 2.7%
Commonwealth of Pennsylvania, GO, 1st Series, 5.00%, 03/01/32⁽ⁱ⁾		20,000		25,022,600
County of Lehigh Pennsylvania, Refunding RB, 4.00%, 07/01/33		22,285		23,387,664

				48,410,264

Texas⁽ⁱ⁾— 8.6%
Dallas Fort Worth International Airport, Refunding RB
Series E, AMT, 4.00%, 11/01/32		6,915		6,914,998
Series E, AMT, 4.13%, 11/01/35		10,435		10,434,997
Series F, AMT, 5.00%, 11/01/29		12,820		12,819,997
Series F, AMT, 5.00%, 11/01/30		15,565		15,564,996
Series F, AMT, 5.00%, 11/01/31		10,000		9,999,998
Series F, AMT, 5.00%, 11/01/32		17,170		17,169,996
San Antonio Public Facilities Corp., Refunding RB 4.00%, 09/15/30		15,000		15,955,537


		9

Schedule of Investments (unaudited) (continued)

October 31, 2020

BlackRock Municipal 2030 Target Term Trust (BTT)

(Percentages shown are based on Net Assets)


Security	Par (000)		Value

Texas (continued)
San Antonio Public Facilities Corp., Refunding RB (continued)
4.00%, 09/15/31	$	19,475	$	20,715,605
4.00%, 09/15/32		18,075		19,226,422
4.00%, 09/15/33		11,000		11,700,727
4.00%, 09/15/34		11,885		12,642,104
4.00%, 09/15/35		4,500		4,786,661

				157,932,038


Total Municipal Bonds Transferred to Tender Option Bond Trusts — 24.8% (Cost: $434,168,381)				455,473,981


Total Long-Term Investments — 152.6% (Cost: $2,628,070,101)				2,806,587,412


	Shares

Short-Term Securities

Money Market Funds — 2.7%
BlackRock Liquidity Funds, MuniCash, Institutional Class, 0.01%^(j)(k)		49,531,740		49,536,693


Total Short-Term Securities — 2.7% (Cost: $49,537,703)				49,536,693


Total Investments — 155.3% (Cost: $2,677,607,804)				2,856,124,105

Liabilities in Excess of Other Assets — (0.3)%				(5,385,138	)

Liability for TOB Trust Certificates, Including Interest Expense and Fees Payable — (14.2)%				(261,916,358	)

RVMTP Shares at Liquidation Value, Net of Deferred Offering Costs — (40.8)%				(749,681,885	)


Net Assets Applicable to Common Shares — 100.0%			$	1,839,140,724

^(a)	When-issued security.

^(b)	Zero-coupon bond.

^(c)	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.

^(d)	Security is collateralized by municipal bonds or U.S. Treasury obligations.

^(e)	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.

^(f)	Variable rate security. Interest rate resets periodically. The rate shown is the effective interest rate as of period end. Security description also includes the reference rate and spread if published and available.

^(g)	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.

^(h)	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.

⁽ⁱ⁾	All or a portion of the security is subject to a recourse agreement. The aggregate maximum potential amount the Trust could ultimately be required to pay under the agreements, which expire between November 2, 2020 to March 1, 2026, is $221,778,857.

^(j)	Affiliate of the Trust.

^(k)	Annualized 7-day yield as of period end.

Affiliates

Investments in issuers considered to be affiliate(s) of the Trust during the period ended October 31, 2020 for purposes of Section 2(a)(3) of the Investment Company Act of 1940, as amended, were as follows:


Affiliated Issuer	Value at 07/31/20		Purchases at Cost		Proceeds from Sales			Net Realized Gain (Loss)			Change in Unrealized Appreciation (Depreciation)			Value at 10/31/20		Shares Held at 10/31/20		Income		Capital Gain Distributions from Underlying Funds
BlackRock Liquidity Funds, MuniCash, Institutional Class	$	53,785,322	$	—	$	(4,242,807	)^(a)	$	(1,447	)	$	(4,375	)	$	49,536,693		49,531,740	$	1,343	$	—

^(a)

Represents net amount purchased (sold).

Fair Value Hierarchy as of Period End

Various inputs are used in determining the fair value of financial instruments. 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)


10

Schedule of Investments (unaudited) (continued)

October 31, 2020

BlackRock Municipal 2030 Target Term Trust (BTT)

Fair Value Hierarchy as of Period End (continued)

•

Level 3 – Unobservable inputs based on the best information available in the circumstances, to the extent observable inputs are not available (including the BlackRock Global Valuation Methodologies Committee’s (the “Global Valuation Committee’s”) assumptions used in determining the fair value of financial instruments)

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 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. The categorization of a value determined for financial instruments is based on the pricing transparency of the financial instruments 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 financial instruments, refer to its most recent financial statements.

The following table summarizes the Trust’s investments categorized in the disclosure hierarchy. The breakdown of the Trust’s investments into major categories is disclosed in the Schedule of Investments above.


	Level 1		Level 2		Level 3		Total
Assets
Investments
Long-Term Investments
Municipal Bonds	$	—	$	2,351,113,431	$	—	$	2,351,113,431
Municipal Bonds Transferred to Tender Option Bond Trusts		—		455,473,981		—		455,473,981
Short-Term Securities
Money Market Funds		49,536,693		—		—		49,536,693

	$	49,536,693	$	2,806,587,412	$	—	$	2,856,124,105

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
TOB Trust Certificates	$	—	$	(261,824,933	)	$	—	$	(261,824,933	)
RVMTP Shares at Liquidation Value		—		(750,000,000	)		—		(750,000,000	)

	$	—	$	(1,011,824,933	)	$	—	$	(1,011,824,933	)

Portfolio Abbreviation



AGM		Assured Guaranty Municipal Corp.

AMBAC		AMBAC Assurance Corp.

AMT		Alternative Minimum Tax

ARB		Airport Revenue Bonds

BAM		Build America Mutual Assurance Co.

CAB		Capital Appreciation Bonds

COP		Certificates of Participation

FNMA		Federal National Mortgage Association

GO		General Obligation Bonds

GTD		GTD Guaranteed

M/F		Multi-Family

NPFGC		National Public Finance Guarantee Corp.

PSF-GTD		Permanent School Fund Guaranteed

RB		Revenue Bond

S/F		Single-Family

SAB		Special Assessment Bonds

ST		Special Tax



Portfolio Abbreviation (continued)

TA		Tax Allocation


		11

Blackrock Municipal 2030 Target Term Trust (BTT) NPORT-PBlackRock Municipal 2030 Target Term Trust (Oct 2020 report)