BlackRock Long-Term Municipal Advantage Trust (BTA)
Company Info
ISIN | US09250B1035 |
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CUSIP | 09250B103 |
Sector | Financial Services |
Industry | Asset Management |
Highlights
Market Cap | $141.39M |
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EPS (TTM) | $0.27 |
PE Ratio | 38.96 |
Year Range | $8.23 - $10.92 |
Short % | 0.26% |
Short Ratio | 1.46 |
Share Price Chart
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Popular comparisons: BTA vs. VOO, BTA vs. XLK
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 6.71% year-to-date (YTD) and 17.31% in the last 12 months. Over the past 10 years, BlackRock Long-Term Municipal Advantage Trust had an annualized return of 4.75%, while the S&P 500 had an annualized return of 10.55%, indicating that BlackRock Long-Term Municipal Advantage Trust did not perform as well as the benchmark.
Period | Return | Benchmark |
---|---|---|
Year-To-Date | 6.71% | 13.39% |
1 month | 0.37% | 4.02% |
6 months | 6.33% | 5.56% |
1 year | 17.31% | 21.51% |
5 years (annualized) | 0.51% | 12.69% |
10 years (annualized) | 4.75% | 10.55% |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
2024 | 1.50% | -1.03% | -1.54% | -2.67% | 3.96% | 1.53% | 3.20% | 0.90% | 6.71% | ||||
2023 | 8.46% | -3.84% | 2.82% | 2.35% | -5.60% | 1.93% | 0.86% | -1.52% | -5.35% | -1.20% | 9.37% | 7.03% | 14.83% |
2022 | -16.07% | -1.56% | -4.20% | -10.56% | 13.42% | -5.39% | 9.70% | -8.02% | -10.75% | -10.15% | 12.47% | -4.02% | -33.65% |
2021 | 1.82% | -2.03% | 0.95% | 4.67% | 1.45% | 2.41% | 0.69% | 6.42% | -6.21% | -0.80% | 1.06% | 11.94% | 23.50% |
2020 | 1.81% | 0.07% | -12.69% | -2.23% | 5.06% | 4.22% | 7.44% | -3.49% | -2.80% | -0.26% | 8.55% | 0.82% | 4.78% |
2019 | 8.63% | 0.36% | 6.60% | -2.37% | 1.01% | 5.95% | 2.39% | 2.26% | -3.43% | 0.94% | -0.86% | 2.32% | 25.72% |
2018 | -4.15% | -0.66% | 0.48% | -0.15% | 1.47% | -0.22% | 0.22% | 3.07% | -1.80% | -5.38% | 4.73% | -3.17% | -5.86% |
2017 | 4.13% | -1.25% | 0.23% | 2.22% | 1.59% | 0.55% | 3.52% | 0.79% | -0.30% | -0.72% | -0.22% | 1.39% | 12.43% |
2016 | 1.63% | 0.23% | 3.09% | 3.68% | 1.37% | 3.43% | -0.28% | 1.29% | -0.66% | -5.52% | -8.15% | 4.27% | 3.65% |
2015 | 4.15% | -1.73% | 0.86% | -0.11% | -2.47% | -2.00% | 1.75% | 0.61% | 1.17% | 1.80% | 1.07% | 3.12% | 8.31% |
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% | 18.32% |
2013 | 4.78% | -2.89% | -2.75% | 2.30% | -6.98% | -1.79% | -5.57% | -4.51% | 5.92% | -1.49% | -2.68% | 2.22% | -13.44% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of BTA is 76, placing it in the top 24% of stocks on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
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 granted a 4.96% dividend yield in the last twelve months. The annual payout for that period amounted to $0.52 per share.
Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Dividend | $0.52 | $0.52 | $0.63 | $0.63 | $0.61 | $0.60 | $0.65 | $0.65 | $0.67 | $0.69 | $0.73 | $0.74 |
Dividend yield | 4.96% | 5.11% | 6.73% | 4.19% | 4.79% | 4.74% | 6.09% | 5.45% | 5.94% | 6.04% | 6.48% | 7.28% |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
2024 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.00 | $0.35 | |||
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 | $0.52 |
2022 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.04 | $0.04 | $0.06 | $0.63 |
2021 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.63 |
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 | $0.61 |
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 | $0.60 |
2018 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.65 |
2017 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.06 | $0.65 |
2016 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.67 |
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 | $0.69 |
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 |
2013 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.74 |
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 56.68%, occurring on Dec 16, 2008. Recovery took 426 trading sessions.
The current BlackRock Long-Term Municipal Advantage Trust drawdown is 19.66%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
---|---|---|---|---|---|---|
-56.68% | Feb 20, 2007 | 462 | Dec 16, 2008 | 426 | Aug 26, 2010 | 888 |
-39.88% | 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 1.67%, 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 39.0. This PE ratio is much higher than those of other companies of the industry. This might be an indicator of the company being overvalued.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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