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home / news releases / BBN - BBN: Hard To Get Excited At This Price


BBN - BBN: Hard To Get Excited At This Price

  • Muni bonds continue to make up the bulk of my fixed-income position. This includes both tax-exempt and taxable holdings, such as BBN.
  • Looking ahead to 2022, I think the sector will hold up well. However, one of the chief risks is interest rate risk. This is a major sore spot for BBN in particular.
  • There are positive points. The fund's valuation is reasonable, there has been a recent distribution boost, and munis tend to do well in a rising rate environment historically.

For further details see:

BBN: Hard To Get Excited At This Price
Stock Information

Company Name: BlackRock Taxable Municipal Bond Trust of Beneficial Interest
Stock Symbol: BBN
Market: NYSE

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