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home / news releases / BBN - BBN: Entry Point More Attractive Now

BBN - BBN: Entry Point More Attractive Now

BlackRock Taxable Municipal Bond Trust of Beneficial Interest
  • BBN holds taxable muni bonds, which have seen a surge in activity in 2020 and have performed well.
  • The fund offers a 5% yield that is fairly safe, as it holds many investment grade and non-callable bonds.
  • Rising supply remains a headwind in the sector, as it has for some time. However, investor interest should remain high and absorb new issuance.

For further details see:

BBN: Entry Point More Attractive Now
Stock Information
Company Name: BlackRock Taxable Municipal Bond Trust of Beneficial Interest
Stock Symbol: BBN
Market: NYSE
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