BBN News and Press, BlackRock Taxable Municipal Bond Trust of Beneficial Interest From 10/10/23

BlackRock Advisors, LLC (“BlackRock”) released today share repurchase activity for certain BlackRock-advised closed-end funds (the “Funds”) during the quarter ended September 30, 2023. The Funds have authorized open market share repurchase programs (the “Repurch...

2023-09-28 12:29:00 ET Summary Treasury yields rose during the 3rd quarter as market participants digested economic data and the Fed continued to maintain a hawkish bias, leading to expectations that rates will remain higher for longer. Spread volatility remained muted during the ...

2023-08-05 14:36:56 ET Summary BlackRock Taxable Municipal Bond Trust has registered losses and the leverage headwind has not evened out. Higher short-term rates on highly leveraged funds remain a stubborn headwind, making a "buy" case difficult. The discount on BBN has widene...

2023-08-04 18:11:18 ET Summary The high rate of inflation in the U.S. is causing the cost of living to rise significantly, putting financial strain on American consumers. Investors can consider purchasing shares of closed-end funds specializing in income generation to combat the r...

2023-07-04 10:38:15 ET BlackRock Taxable Municipal Bond Trust ( NYSE: BBN ) declared $0.0929/share monthly dividend , in line with previous. Forward yield 6.68% Payable July 31; for shareholders of record July 14; ex-div July 13. See BBN Dividend Scorecard, Y...

2023-06-30 09:45:00 ET Summary The municipal market has been able to post positive performance thus far in 2023 despite negative net mutual fund flows. Negative fund flows have been manageable as issuance has remained muted, and flows are expected to turn as funds from coupons and...

2023-06-17 09:00:00 ET Summary Retirees, by the very definition of retirement, need to be financially independent. However, even for folks who are several years away from retirement, it can offer great benefits. We will go over our strategy as to how a diversified income and growt...

2023-05-09 08:00:00 ET Summary This has been an interesting year, with the major indices up but with a lot of volatility at the same time. With bank failures, more Fed rate hikes, and a recession looming (for years now it seems) there is a lot of merit to being cautious. Especiall...

2023-05-08 05:00:58 ET Let’s say we want to quit working and attain financial freedom—not in decades, but in just a few years. Or heck, maybe less. How do we do it? One “must-have” is the need to clock out on dividends alone. It’s the only way to r...

2023-04-26 10:33:00 ET Summary Municipal closed-end funds primarily invest in investment-grade municipal bonds with longer maturities to maximize tax-exempt income. Municipal CEF discounts typically widen in periods of market stress, but we believe this time may be different as cr...