BlackRock Long-Term Municipal Advantage Trust

BlackRock Long-Term Municipal Advantage Trustverified

BTA

Price:

$10.65

Market Cap:

$143.13M

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 PE Ratio as of September 2024 (TTM) for BlackRock Long-Term Municipal Advantage Trust (BTA) is 39.44

According to BlackRock Long-Term Municipal Advantage Trust’s latest financial reports and current stock price. The company's current PE Ratio is 39.44. This represents a change of -166.03% compared to the average of -59.73 of the last 4 quarters.

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

How has BTA PE Ratio performed in the past?

The mean historical PE Ratio of BlackRock Long-Term Municipal Advantage Trust over the last ten years is 16.61. The current 39.44 PE Ratio has changed 23.64% with respect to the historical average. Over the past ten years (40 quarters), BTA's PE Ratio was at its highest in in the January 2018 quarter at 103.73. The PE Ratio was at its lowest in in the July 2018 quarter at -61382.23.

Quarterly (TTM)
Annual

Average

16.61

Median

7.13

Minimum

-129.50

Maximum

300.31

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

Discovering the peaks and valleys of BlackRock Long-Term Municipal Advantage Trust PE 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 = 2.53%

Maximum Annual PE Ratio = 300.31

Minimum Annual Increase = -1574.45%

Minimum Annual PE Ratio = -129.50

Quarterly (TTM)
Annual
YearPE RatioChange
2023-38.73479.34%
2022-6.69-237.99%
20214.85-129.74%
2020-16.29-213.88%
201914.30-16.08%
201817.05-94.32%
2017300.312.53%
201611.4021.14%
20159.41-107.27%
2014-129.50-1574.45%

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

How has BTA PE Ratio performed in the past?

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

3-year avg

-13.53

5-year avg

-8.51

10-year avg

16.61

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

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

BlackRock Long-Term Municipal Advantage Trust’s PE Ratio is less than DTF Tax-Free Income 2028 Term Fund Inc. (257.08), greater than MFS High Yield Municipal Trust (16.29), greater than MFS High Income Municipal Trust (14.26), greater than John Hancock Income Securities Trust (22.10), greater than BlackRock MuniYield Quality Fund II, Inc. (-651.64), greater than Invesco High Income 2024 Target Term Fund (3.76), greater than BlackRock MuniYield Quality Fund, Inc. (-3026.49), greater than MFS Municipal Income Trust (22.70), greater than BlackRock MuniYield Fund, Inc. (-7203.20), greater than BlackRock Municipal Income Trust II (22.91), greater than BlackRock Investment Quality Municipal Trust Inc. (-893.49), less than BlackRock Municipal Income Trust (1.03K), greater than DWS Municipal Income Trust (35.99), greater than BlackRock MuniHoldings New York Quality Fund, Inc. (26.20), greater than MFS Investment Grade Municipal Trust (28.38), greater than Virtus Convertible & Income 2024 Target Term Fund (0), less than BlackRock MuniVest Fund II, Inc. (1.44K), greater than BlackRock Municipal Income Fund, Inc. (-841.17), greater than BlackRock MuniYield Quality Fund III, Inc. (21.25), greater than BlackRock MuniHoldings Quality Fund II, Inc. (23.24),

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