BlackRock Long-Term Municipal Advantage Trust

BlackRock Long-Term Municipal Advantage Trustverified

BTA

Price:

$10.31

Market Cap:

$138.57M

BlackRock Long-Term Municipal Advantage Trust is a closed ended fixed income mutual fund launched by BlackRock, Inc. It is managed by BlackRock Advisors, LLC. The fund invests in fixed income markets of the United States. It uses financial derivatives to invest in municipal obligations. The fund primarily invests in long-term municipal bonds with a maturity of more than ten years at the time of investment. BlackRock Long-Term Municipal Advantage Trust was formed on February 28, 2006 and is domiciled in United States.[Read more]

Industry

Asset Management

IPO Date

2006-02-27

Stock Exchange

NYSE

Ticker

BTA

The Current Ratio as of November 2024 (TTM) for BlackRock Long-Term Municipal Advantage Trust (BTA) is 0.03

According to BlackRock Long-Term Municipal Advantage Trust’s latest financial reports and current stock price. The company's current Current Ratio is 0.03. This represents a change of -88.87% compared to the average of 0.24 of the last 4 quarters.

BlackRock Long-Term Municipal Advantage Trust (BTA) Historical Current Ratio (quarterly & annually)

How has BTA Current Ratio performed in the past?

The mean historical Current Ratio of BlackRock Long-Term Municipal Advantage Trust over the last ten years is 15.11. The current 0.03 Current Ratio has changed -82.05% with respect to the historical average. Over the past ten years (40 quarters), BTA's Current Ratio was at its highest in in the April 2016 quarter at 92.00. The Current Ratio was at its lowest in in the April 2023 quarter at 0.03.

Quarterly (TTM)
Annual

Average

15.11

Median

0.35

Minimum

0.03

Maximum

92.00

BlackRock Long-Term Municipal Advantage Trust (BTA) Current Ratio by Quarter and Year

Discovering the peaks and valleys of BlackRock Long-Term Municipal Advantage Trust Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 8.08%

Maximum Annual Current Ratio = 92.00

Minimum Annual Increase = -98.72%

Minimum Annual Current Ratio = 0.03

Quarterly (TTM)
Annual
YearCurrent RatioChange
20230.03-45.98%
20220.0537.12%
20210.04-24.85%
20200.0514.80%
20190.04-93.51%
20180.65-98.72%
201751.00-44.57%
201692.002.46%
20153.600%
20143.608.08%

BlackRock Long-Term Municipal Advantage Trust (BTA) Average Current Ratio

How has BTA Current Ratio performed in the past?

The current Current Ratio of BlackRock Long-Term Municipal Advantage Trust (BTA) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

0.04

5-year avg

0.04

10-year avg

15.11

BlackRock Long-Term Municipal Advantage Trust (BTA) Current Ratio vs. Peers

How is BTA’s Current Ratio compared to its peers?

BlackRock Long-Term Municipal Advantage Trust’s Current Ratio is less than DTF Tax-Free Income 2028 Term Fund Inc. (1.46), less than MFS High Yield Municipal Trust (4.15), less than MFS High Income Municipal Trust (4.29), greater than John Hancock Income Securities Trust (0), less than BlackRock MuniYield Quality Fund II, Inc. (0.17), greater than Invesco High Income 2024 Target Term Fund (0), less than BlackRock MuniYield Quality Fund, Inc. (1.03), less than MFS Municipal Income Trust (0.05), less than BlackRock MuniYield Fund, Inc. (0.30), less than BlackRock Municipal Income Trust II (1.08), less than BlackRock Investment Quality Municipal Trust Inc. (0.43), less than BlackRock Municipal Income Trust (0.33), less than DWS Municipal Income Trust (0.52), less than BlackRock MuniHoldings New York Quality Fund, Inc. (0.34), less than MFS Investment Grade Municipal Trust (3.11), less than Virtus Convertible & Income 2024 Target Term Fund (2.04), less than BlackRock MuniVest Fund II, Inc. (0.27), greater than BlackRock Municipal Income Fund, Inc. (0.03), greater than BlackRock MuniYield Quality Fund III, Inc. (0), greater than BlackRock MuniHoldings Quality Fund II, Inc. (-1.40),

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