BBN News and Press, BlackRock Taxable Municipal Bond Trust of Beneficial Interest From 10/09/21

We review CEF market valuation and performance over the last week of September and highlight recent market events. After a string of positive returns, the CEF space finished September in the red as both NAVs and discounts moved lower with shorter-duration credit sectors outperforming....

As a working professional, the municipal bond market has been a preferred asset class of mine for a long time. I find the tax-exempt income preferable to alternative, taxable investment grade options. With a new administration in the White House that is calling for higher tax rates on...

The Board of Trustees (the "Board") of BlackRock Taxable Municipal Bond Trust (NYSE: BBN, the “Trust”) approved a Managed Distribution Plan (the "Plan") for the Trust. Pursuant to the Plan, the Trust will pay a monthly distribution to shareholders at a stated annual rate a...

For income investors, closed-end funds remain an attractive investment class that covers a variety of asset classes and promise high distributions and reasonable total returns. Closed-end funds are generally characterized by higher volatility and deeper drawdowns than the broad market...

For the ninth month in a row, equity CEFs on average posted positive returns, rising 0.18% on an NAV basis for July. While for the fifth month running, fixed-income CEFs posted plus-side returns (+0.60%). Thirty-four percent of all CEFs traded at a premium to their NAV, with 32% o...

For most people, especially retirees, it's very difficult to tolerate large and deep drawdowns. But with index investing, there's no escape from a roller coaster ride. Early last year, we introduced the concept of the Near-Perfect Portfolio (NPP). Since that time, the market has made ...

The major indices had their best week since March after having their worst week since January. New highs were recorded on both the S&P 500 and the Nasdaq. I continue to hold Invesco S&P SmallCap Energy ETF (PSCE) in my account which was up 10% in the last week and 21% in the l...

For income investors, closed-end funds remain an attractive investment class that covers a variety of asset classes and promise high distributions and reasonable total returns. Closed-end funds are generally characterized by higher volatility and deeper drawdowns than the broad market...

Munis, both tax-exempt and taxable, had a reasonably strong first half of the year. A combination of a rebounding economy, stronger than expected tax receipts, and federal aid, all point to the possibility of more gains in the months ahead. Despite these positives, investors shoul...

For the eighth month in a row, equity CEFs on average posted positive returns, rising 1.34% on a NAV basis for June. While for the fourth month running fixed income CEFs posted plus-side returns (+0.85%). Thirty-two percent of all CEFs traded at a premium to their NAV, with 31% of...