BlackRock Long-Term Municipal Advantage Trust

BlackRock Long-Term Municipal Advantage Trustverified

BTA

Price:

$10.7

Market Cap:

$143.81M

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 ROE as of September 2024 (TTM) for BlackRock Long-Term Municipal Advantage Trust (BTA) is -0.50%

According to BlackRock Long-Term Municipal Advantage Trust’s latest financial reports and current stock price. The company's current ROE is -0.50%. This represents a change of -15.86% compared to the average of -0.59% of the last 4 quarters.

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

How has BTA ROE performed in the past?

The mean historical ROE of BlackRock Long-Term Municipal Advantage Trust over the last ten years is 2.76%. The current -0.50% ROE has changed -117.99% with respect to the historical average. Over the past ten years (40 quarters), BTA's ROE was at its highest in in the April 2014 quarter at 8.86%. The ROE was at its lowest in in the April 2020 quarter at -11.80%.

Quarterly (TTM)
Annual

Average

2.76%

Median

2.84%

Minimum

-14.11%

Maximum

20.46%

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

Discovering the peaks and valleys of BlackRock Long-Term Municipal Advantage Trust 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 = 1.60%

Maximum Annual ROE = 20.46%

Minimum Annual Increase = -1437.45%

Minimum Annual ROE = -14.11%

Quarterly (TTM)
Annual
YearROEChange
2023-2.42%-82.86%
2022-14.11%-168.94%
202120.46%-441.84%
2020-5.99%-189.77%
20196.67%24.45%
20185.36%1.60%
20170.32%-96.22%
20168.36%-13.85%
20159.70%-1437.45%
2014-0.73%-106.55%

BlackRock Long-Term Municipal Advantage Trust (BTA) Average ROE

How has BTA ROE performed in the past?

The current ROE 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

1.31%

5-year avg

0.92%

10-year avg

2.76%

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

How is BTA’s ROE compared to its peers?

BlackRock Long-Term Municipal Advantage Trust’s ROE is less than DTF Tax-Free Income 2028 Term Fund Inc. (0.36%), less than MFS High Yield Municipal Trust (6.05%), less than MFS High Income Municipal Trust (6.81%), less than John Hancock Income Securities Trust (4.59%), greater than BlackRock MuniYield Quality Fund II, Inc. (-0.14%), less than Invesco High Income 2024 Target Term Fund (25.55%), greater than BlackRock MuniYield Quality Fund, Inc. (-0.03%), less than MFS Municipal Income Trust (4.56%), greater than BlackRock MuniYield Fund, Inc. (-0.01%), less than BlackRock Municipal Income Trust II (4.04%), greater than BlackRock Investment Quality Municipal Trust Inc. (-0.11%), less than BlackRock Municipal Income Trust (0.09%), less than DWS Municipal Income Trust (2.78%), less than BlackRock MuniHoldings New York Quality Fund, Inc. (3.45%), less than MFS Investment Grade Municipal Trust (3.44%), less than Virtus Convertible & Income 2024 Target Term Fund (21.86%), less than BlackRock MuniVest Fund II, Inc. (0.06%), greater than BlackRock Municipal Income Fund, Inc. (-0.11%), less than BlackRock MuniYield Quality Fund III, Inc. (4.41%), less than BlackRock MuniHoldings Quality Fund II, Inc. (3.99%),

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