BBN News and Press, BlackRock Taxable Municipal Bond Trust of Beneficial Interest From 07/27/22

BBN has had a poor return in 2022, but its recent momentum and current discount to NAV continue to suggest buying is warranted. Taxable municipal debt continues to have strong credit quality, and supply is down markedly from a year ago. These are favorable dynamics. State and loca...

In the second quarter, we've seen double-digit negative returns across the fixed income landscape. For corporate bonds on the investment-grade side of things, we've seen spreads tick 160. A lot of what's going on right now is just the aftermath of a pandemic that's disrupted the h...

As we push into the second half of the year, it is time to reflect on Q1 and Q2, despite not really wanting to. 2022 has been a year where most asset classes are heavily in the red. One area that isn't is Energy. With the sector seeing some weakness recently, I personally see value. ...

Regular income from your investments can have a powerful impact on your goal of becoming financially independent and reaching your retirement goals. Only regular income can make you financially independent unless you have accumulated very large net worth. Being financially independent...

As the Treasury curve flattened and yields rose, spreads on investment-grade corporates and taxable municipals continued to show signs of weakness. Wider spreads and longer durations hurt our performance during the quarter, but locking in higher book yields should be beneficial to our...

We review CEF market valuation and performance through the fourth week of June and highlight recent market action. CEFs had a good week on the back of a drop in Treasury yields and a rally in risky assets. A lot of CEF fee commentary doesn't provide the right kind of context for i...

Retirees and conservative investors need income, growth to exceed inflation, and most importantly, conservation of capital. Most investors find it difficult to tolerate large and deep drawdowns and want an escape from the roller coaster ride of the stock market. However, that is not p...

The municipal bond sector has been hit very hard in 2022. While this is unnerving, I believe it offers long-term investors an opportunity for buys. NBB in particular looks attractive because it has a discount to NAV nearing 8%, and it is relatively cheaper than its chief CEF rival. ...

A sharp sell-off to start the year has pushed down municipal bond valuations and muni closed-end funds to discounts, presenting an attractive entry point for investors seeking tax-exempt income. Muni CEFs borrow money at short-term interest rates and invest the proceeds in muni bonds ...

GOF yields 12.37%. It pays monthly, and goes ex-dividend this week. Management uses a mix of fixed income and equity strategies. For further details see: GOF: 12% Dividend Yield, Outperforming Monthly Payer