BlackRock Municipal Income Trust II

BlackRock Municipal Income Trust IIverified

BLE

Price:

$11.3

Market Cap:

$539.32M

BlackRock Municipal Income Trust II 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. It primarily invests long-term and short-term investments, and money market funds. The fund primarily in investment grade municipal bonds that are exempt from regular federal income tax. BlackRock Municipal Income Trust II was formed on July 30, 2002 and is domiciled in United States.[Read more]

Industry

Asset Management - Income

IPO Date

2002-07-30

Stock Exchange

NYSE

Ticker

BLE

The ROE as of September 2024 (TTM) for BlackRock Municipal Income Trust II (BLE) is 4.04%

According to BlackRock Municipal Income Trust II’s latest financial reports and current stock price. The company's current ROE is 4.04%. This represents a change of 299.62% compared to the average of 1.01% of the last 4 quarters.

BlackRock Municipal Income Trust II (BLE) Historical ROE (quarterly & annually)

How has BLE ROE performed in the past?

The mean historical ROE of BlackRock Municipal Income Trust II over the last ten years is 3.55%. The current 4.04% ROE has changed 13.87% with respect to the historical average. Over the past ten years (40 quarters), BLE's ROE was at its highest in in the August 2019 quarter at 7.11%. The ROE was at its lowest in in the February 2022 quarter at -4.97%.

Quarterly (TTM)
Annual

Average

3.55%

Median

3.53%

Minimum

-16.84%

Maximum

20.34%

BlackRock Municipal Income Trust II (BLE) ROE by Quarter and Year

Discovering the peaks and valleys of BlackRock Municipal Income Trust II ROE, 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 = 703.31%

Maximum Annual ROE = 20.34%

Minimum Annual Increase = -437.89%

Minimum Annual ROE = -16.84%

Quarterly (TTM)
Annual
YearROEChange
2023-0.50%-97.00%
2022-16.84%-437.89%
20214.99%119.68%
20202.27%-73.51%
20198.57%703.31%
20181.07%-384.99%
2017-0.37%-103.35%
201611.16%132.95%
20154.79%-76.45%
201420.34%-254.99%

BlackRock Municipal Income Trust II (BLE) Average ROE

How has BLE ROE performed in the past?

The current ROE of BlackRock Municipal Income Trust II (BLE) is greater than its 3-year, greater than its 5-year, and less than than its 10-year historical averages

3-year avg

-4.12%

5-year avg

-0.31%

10-year avg

3.55%

BlackRock Municipal Income Trust II (BLE) ROE vs. Peers

How is BLE’s ROE compared to its peers?

BlackRock Municipal Income Trust II’s ROE is less than BlackRock MuniVest Fund II, Inc. (0.06%), less than Invesco Municipal Trust (22.42%), less than BlackRock Municipal Income Quality Trust (1.50%), less than Eaton Vance Municipal Bond Fund (7.25%), less than DTF Tax-Free Income 2028 Term Fund Inc. (0.36%), less than DWS Municipal Income Trust (2.78%), greater than BlackRock MuniYield Quality Fund, Inc. (-0.03%), greater than BlackRock Municipal Income Fund, Inc. (-0.11%), less than BlackRock MuniHoldings Quality Fund II, Inc. (3.99%), greater than BlackRock MuniYield Fund, Inc. (-0.01%), greater than BlackRock Investment Quality Municipal Trust Inc. (-0.11%), less than BlackRock Municipal Income Trust (0.09%), less than PIMCO Corporate & Income Strategy Fund (17.83%), less than BlackRock Limited Duration Income Trust (20.27%), less than BlackRock Core Bond Trust (11.34%), less than BrightSphere Investment Group Inc. (2.57%), greater than BlackRock MuniHoldings Fund, Inc. (-0.09%), less than Invesco Advantage Municipal Income Trust II (20.74%), less than Invesco Quality Municipal Income Trust (11.68%), less than Invesco California Value Municipal Income Trust (22.20%), less than Invesco Trust for Investment Grade Municipals (11.72%),

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