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BlackRock Municipal Income Trust II (BLE)

Equity · Currency in USD · Last updated Mar 28, 2023

Share Price Chart


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Performance

The chart shows the growth of $10,000 invested in BlackRock Municipal Income Trust II in Oct 2022 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $24,857 for a total return of roughly 148.57%. All prices are adjusted for splits and dividends.


150.00%200.00%250.00%300.00%350.00%400.00%NovemberDecember2023FebruaryMarch
148.57%
367.61%
BLE (BlackRock Municipal Income Trust II)
Benchmark (^GSPC)

S&P 500

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Return

BlackRock Municipal Income Trust II had a return of 1.60% year-to-date (YTD) and -10.64% in the last 12 months. Over the past 10 years, BlackRock Municipal Income Trust II had an annualized return of 1.19%, while the S&P 500 had an annualized return of 9.80%, indicating that BlackRock Municipal Income Trust II did not perform as well as the benchmark.


PeriodReturnBenchmark
1 month-0.25%0.19%
Year-To-Date1.60%3.59%
6 months4.98%7.70%
1 year-10.64%-12.45%
5 years (annualized)-0.11%8.85%
10 years (annualized)1.19%9.80%

Monthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
20236.76%-4.23%
2022-9.47%-5.20%14.68%-3.82%

Sharpe Ratio Chart

The Sharpe ratio shows whether the portfolio's excess returns are due to smart investment decisions or a result of taking a higher risk. The higher a portfolio's Sharpe ratio, the better its risk-adjusted performance.

The current BlackRock Municipal Income Trust II Sharpe ratio is -0.81. A negative Sharpe ratio means that the risk-free rate is higher than the portfolio's return. This value does not convey any meaningful information.

The chart below displays rolling 12-month Sharpe Ratio.


-2.00-1.50-1.00-0.50NovemberDecember2023FebruaryMarch
-0.81
-0.52
BLE (BlackRock Municipal Income Trust II)
Benchmark (^GSPC)

Dividend History

BlackRock Municipal Income Trust II granted a 6.92% dividend yield in the last twelve months. The annual payout for that period amounted to $0.72 per share.


PeriodTTM20222021202020192018201720162015201420132012
Dividend$0.72$0.61$0.75$0.71$0.69$0.74$0.85$0.91$0.94$0.98$1.01$1.02

Dividend yield

6.92%5.98%5.27%5.17%5.38%7.00%7.68%8.59%8.97%9.59%12.70%11.18%

Monthly Dividends

The table displays the monthly dividend distributions for BlackRock Municipal Income Trust II. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDec
2023$0.04$0.04
2022$0.06$0.06$0.05$0.05$0.05$0.05$0.05$0.05$0.05$0.04$0.04$0.04
2021$0.06$0.06$0.06$0.06$0.06$0.06$0.06$0.06$0.06$0.06$0.06$0.06
2020$0.06$0.06$0.06$0.06$0.06$0.06$0.06$0.06$0.06$0.06$0.06$0.06
2019$0.06$0.06$0.06$0.06$0.06$0.06$0.06$0.06$0.06$0.06$0.06$0.06
2018$0.06$0.06$0.06$0.06$0.06$0.06$0.06$0.06$0.06$0.06$0.06$0.06
2017$0.07$0.07$0.07$0.07$0.07$0.07$0.07$0.07$0.07$0.06$0.06$0.07
2016$0.08$0.08$0.08$0.08$0.08$0.07$0.07$0.07$0.07$0.07$0.07$0.08
2015$0.08$0.08$0.08$0.08$0.08$0.08$0.08$0.08$0.08$0.08$0.08$0.08
2014$0.08$0.08$0.08$0.08$0.08$0.08$0.08$0.08$0.08$0.08$0.08$0.08
2013$0.08$0.08$0.08$0.08$0.08$0.08$0.08$0.08$0.08$0.08$0.08$0.08
2012$0.08$0.08$0.08$0.08$0.08$0.08$0.08$0.08$0.08$0.08$0.08$0.09

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


-35.00%-30.00%-25.00%-20.00%-15.00%NovemberDecember2023FebruaryMarch
-30.37%
-17.08%
BLE (BlackRock Municipal Income Trust II)
Benchmark (^GSPC)

Worst Drawdowns

The table below shows the maximum drawdowns of the BlackRock Municipal Income Trust II. A maximum drawdown is an indicator of risk. It shows a reduction in portfolio value from its maximum due to a series of losing trades.

The maximum drawdown since January 2010 for the BlackRock Municipal Income Trust II is 55.29%, recorded on Oct 10, 2008. It took 417 trading sessions for the portfolio to recover.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-55.29%Dec 4, 2006467Oct 10, 2008417Jun 9, 2010884
-37.94%Sep 2, 2021290Oct 27, 2022
-34.95%Jan 28, 202036Mar 18, 202097Aug 5, 2020133
-22.72%Dec 3, 2012261Dec 13, 2013207Oct 10, 2014468
-18.28%Oct 4, 201073Jan 14, 2011166Sep 13, 2011239
-15.86%Jul 8, 2016578Oct 22, 2018150May 30, 2019728
-14.68%Feb 3, 201588Jun 9, 2015164Feb 2, 2016252
-14.48%Mar 11, 200442May 10, 200490Sep 17, 2004132
-12.35%Aug 19, 200274Dec 2, 2002117May 21, 2003191
-9.69%Jun 17, 200330Jul 29, 2003113Jan 8, 2004143

Volatility Chart

Current BlackRock Municipal Income Trust II volatility is 5.28%. The chart below shows the rolling 10-day volatility. Volatility is a statistical measure showing how big price swings are in either direction. The higher asset volatility, the riskier it is, because the price movements are less predictable.


0.00%10.00%20.00%30.00%40.00%NovemberDecember2023FebruaryMarch
5.28%
17.88%
BLE (BlackRock Municipal Income Trust II)
Benchmark (^GSPC)