BlackRock Long-Term Municipal Advantage Trust (BTA)
Company Info
Highlights
$133.73M
$0.89
11.18
$9.23 - $10.99
0.14%
0.32
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in BlackRock Long-Term Municipal Advantage Trust, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
BlackRock Long-Term Municipal Advantage Trust had a return of 2.48% year-to-date (YTD) and 1.44% in the last 12 months. Over the past 10 years, BlackRock Long-Term Municipal Advantage Trust had an annualized return of 3.96%, while the S&P 500 had an annualized return of 11.41%, indicating that BlackRock Long-Term Municipal Advantage Trust did not perform as well as the benchmark.
BTA
2.48%
1.03%
-3.95%
1.44%
-0.13%
3.96%
^GSPC (Benchmark)
2.66%
1.61%
15.23%
22.15%
12.59%
11.41%
Monthly Returns
The table below presents the monthly returns of BTA, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 1.86% | 2.48% | |||||||||||
| 2024 | 1.50% | -1.03% | -1.54% | -2.67% | 3.97% | 1.53% | 3.21% | 0.90% | 2.91% | -3.84% | 3.32% | -7.06% | 0.57% |
| 2023 | 8.46% | -3.83% | 2.83% | 2.35% | -5.60% | 1.94% | 0.86% | -1.51% | -5.34% | -1.19% | 9.38% | 7.02% | 14.89% |
| 2022 | -16.06% | -1.56% | -4.19% | -10.56% | 13.43% | -5.38% | 9.71% | -8.02% | -10.75% | -10.14% | 12.48% | -4.02% | -33.60% |
| 2021 | 1.82% | -2.02% | 0.96% | 4.67% | 1.45% | 2.41% | 0.69% | 6.43% | -6.21% | -0.79% | 1.06% | 11.95% | 23.57% |
| 2020 | 1.81% | 0.08% | -12.68% | -2.22% | 5.07% | 4.23% | 7.45% | -3.49% | -2.79% | -0.25% | 8.56% | 0.82% | 4.83% |
| 2019 | 8.64% | 0.36% | 6.61% | -2.36% | 1.02% | 5.96% | 2.39% | 2.27% | -3.43% | 0.94% | -0.86% | 2.33% | 25.80% |
| 2018 | -4.14% | -0.66% | 0.49% | -0.14% | 1.47% | -0.22% | 0.22% | 3.08% | -1.79% | -5.38% | 4.74% | -3.18% | -5.81% |
| 2017 | 4.14% | -1.24% | 0.23% | 2.23% | 1.60% | 0.55% | 3.53% | 0.79% | -0.30% | -0.72% | -0.21% | 1.38% | 12.49% |
| 2016 | 1.63% | 0.23% | 3.09% | 3.68% | 1.37% | 3.43% | -0.28% | 1.30% | -0.66% | -5.52% | -8.15% | 4.28% | 3.69% |
| 2015 | 4.15% | -1.73% | 0.86% | -0.10% | -2.47% | -2.00% | 1.75% | 0.62% | 1.17% | 1.80% | 1.07% | 3.12% | 8.32% |
| 2014 | 5.52% | 1.98% | 0.58% | 4.64% | 1.17% | -0.07% | -2.29% | 3.58% | 0.19% | 0.69% | 0.25% | 0.97% | 18.33% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of BTA is 44, indicating average performance compared to other stocks on our website. Here’s a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for BlackRock Long-Term Municipal Advantage Trust (BTA) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
BlackRock Long-Term Municipal Advantage Trust provided a 5.55% dividend yield over the last twelve months, with an annual payout of $0.55 per share.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.55 | $0.55 | $0.53 | $0.64 | $0.64 | $0.62 | $0.61 | $0.66 | $0.66 | $0.68 | $0.70 | $0.73 |
Dividend yield | 5.55% | 5.59% | 5.16% | 6.80% | 4.24% | 4.83% | 4.79% | 6.15% | 5.50% | 5.98% | 6.05% | 6.49% |
Monthly Dividends
The table displays the monthly dividend distributions for BlackRock Long-Term Municipal Advantage Trust. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.05 | $0.00 | $0.05 | ||||||||||
| 2024 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.05 | $0.05 | $0.05 | $0.55 |
| 2023 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.53 |
| 2022 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.04 | $0.04 | $0.06 | $0.64 |
| 2021 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.64 |
| 2020 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.62 |
| 2019 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.61 |
| 2018 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.05 | $0.66 |
| 2017 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.66 |
| 2016 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.68 |
| 2015 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.70 |
| 2014 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.73 |
Dividend Yield & Payout
Dividend Yield
Payout Ratio
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the BlackRock Long-Term Municipal Advantage Trust. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the BlackRock Long-Term Municipal Advantage Trust was 56.67%, occurring on Dec 16, 2008. Recovery took 426 trading sessions.
The current BlackRock Long-Term Municipal Advantage Trust drawdown is 22.31%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -56.67% | Feb 20, 2007 | 462 | Dec 16, 2008 | 426 | Aug 26, 2010 | 888 |
| -39.85% | Dec 31, 2021 | 213 | Nov 3, 2022 | — | — | — |
| -31.92% | Feb 24, 2020 | 21 | Mar 23, 2020 | 213 | Jan 26, 2021 | 234 |
| -23.46% | Jan 28, 2013 | 142 | Aug 19, 2013 | 573 | Nov 25, 2015 | 715 |
| -21.24% | Aug 30, 2010 | 99 | Jan 19, 2011 | 174 | Sep 27, 2011 | 273 |
Volatility
Volatility Chart
The current BlackRock Long-Term Municipal Advantage Trust volatility is 2.68%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.
Financials
Financial Performance
Valuation
The Valuation section provides an assessment of the market value of BlackRock Long-Term Municipal Advantage Trust compared to its peers in the Asset Management industry.
PE Ratio
The chart displays the price to earnings (P/E) ratio for BTA in comparison to other companies of the Asset Management industry. Currently, BTA has a PE value of 11.2. This PE ratio falls in the average range for the industry.PEG Ratio
The chart displays the price to earnings to growth (PEG) ratio for BTA in comparison to other companies of the Asset Management industry. Currently, BTA has a PEG value of 0.0. This PEG ratio is much higher than those of other companies of the industry. This might be an indicator of the company being overvalued.Historical P/E Ratio Chart
The chart below displays the historical trend of the price-to-earnings (P/E) ratio for BlackRock Long-Term Municipal Advantage Trust.
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Income Statement
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Operating Income | — |
EBITDA | — |
EBIT | — |
Earnings From Continuing Operations | — |
Net Income | — |
Income Tax Expense | — |
Other Non-Operating Income (Expenses) | — |
Extraordinary Items | — |
Discontinued Operations | — |
Effect Of Accounting Charges | — |
Non Recurring | — |
Minority Interest | — |
Other Items | — |
Interest Income | — |
Interest Expense | — |
Net Interest Income | — |