BTA News and Press, BlackRock Long-Term Municipal Advantage Trust of Beneficial Interest From 11/05/21

BlackRock Long-Term Municipal Advantage Trust (NYSE:BTA) declares $0.0545/share monthly dividend, in line with previous. Forward yield 4.75% Payable Dec. 1; for shareholders of record Nov. 15; ex-div Nov. 12. See BTA Dividend Scorecard, Yield Chart, & Dividend Growth. For further detail...

Rising interest rates drove negative total returns. Supply and demand dynamics turned less seasonally favorable and acted as a headwind. More attractive valuations could provide near-term opportunity. For further details see: Munis Remained Tethered To Rates In September...

Interest in municipal closed-end funds (CEFs) vs. municipal bonds often stems from higher return potential - this is mostly due to the use of leverage in municipal closed-end funds. Leverage could potentially amplify both the fund's net asset value (NAV) and its distribution; however,...

Modestly negative performance in August capped a robust summer seasonal period. Issuance exceeded expectations, resulting in less of a supply/demand imbalance than is typical. We maintain a defensive posture into the historically less favorable month of September. For furthe...

Rallying interest rates drove strong muni bond performance in July. Market dynamics remained seasonally favorable, with demand for munis broadly outpacing supply. A more defensive posture may be warranted ahead of elevated risks in the fall. For further details see: Muni...

Only funds with coverage >100% are considered. Top lists of discount, yield, DxY and DxYxZ are given. Muni CEFs feature in the top list of widest discount. For further details see: The Quality Closed-End Fund Report: May 2021

We take a look at the Municipal CEF sector which has been buffeted over the past few months by rising Treasury yields. Fundamentals are in good shape with tax collections down just 1% year-on-year, the stimulus package exceeding budget shortfalls, and potential infrastructure spending...

BlackRock Long-Term Municipal Advantage Trust (BTA) declares $0.05/share monthly dividend, in line with previous.Forward yield 4.73%Payable April 1; for shareholders of record March 15; ex-div March 12.See BTA Dividend Scorecard, Yield Chart, & Dividend Growth. For further details see: ...

BlackRock Advisors, LLC announced today that the Boards of Directors/Trustees of sixty two BlackRock municipal, taxable fixed-income, and equity closed-end funds (the “Funds”) have authorized the renewal of open market share repurchase programs (the “Repurchase Prog...

In contrast to Morgan Stanley strategist Mike Wilson's recommendation to start buying stocks, Guggenheim CIO Scott Minerd is waiting for the other shoe to drop in equity markets. More news on: Vanguard Long-Term Corporate Bond Index ETF, SPDR Portfolio Long Term Corporate Bond ETF, iSh...