BTA News and Press, BlackRock Long-Term Municipal Advantage Trust of Beneficial Interest From 02/20/19

Introduction Over the past few months, most of you have noticed our increased activity in closed-end funds as the inflow of volatility finally shook them up and created various arbitrage, and directional, opportunities for active traders like us. Now that these products have grabbed our ...

Introduction Over the past few months, most of you have noticed our increased activity in closed-end funds as the inflow of volatility finally shook them up and created various arbitrage, and directional, opportunities for active traders like us. Now that these products have grabbed our ...

Introduction Over the past few months, most of you have noticed our increased activity in closed-end funds as the inflow of volatility finally shook them up and created various arbitrage, and directional, opportunities for active traders like us. Now that these products have grabbed our ...

The BlackRock registered closed-end funds (each a "Fund" and collectively, the "Funds") announced today that Henry Gabbay will become an independent director/trustee of each Fund on January 1, 2019. Mr. Gabbay will stand for election at the 2019 annual shareholder meeting for each Fund liste...

Introduction Over the past few months, most of you have noticed our increased activity in closed-end funds as the inflow of volatility finally shook them up and created various arbitrage, and directional, opportunities for active traders like us. Now that these products have grabbed ou...

The bear market for municipal bonds likely peaked in November, say Bank of America analysts. More news on: PIMCO Intermediate Municipal Bond Strategy, Western Asset Intermediate Muni Fund, BlackRock Muni Intermediate Duration Fund, Financial stocks news, News on ETFs, Read more ...

In the December distribution announcements, we had 27 funds decrease their distributions and 7 increase them. Of the 27 that cut, the largest was the DoubleLine Opportunistic Credit ( DBL ) which chopped the distribution by a massive 34%. We will discuss this cut more in detail in a bit. Of ...

Introduction Over the past few months, most of you have noticed our increased activity in closed-end funds as the inflow of volatility finally shook them up and created various arbitrage, and directional, opportunities for active traders like us. Now that these products have grabbed our ...

BlackRock California Municipal Income Trust (NYSE: BFZ ) - $0.004096 (STCG $0.000624 & LTCG $0.162818). BlackRock Investment Quality Municipal Trust (NYSE: BKN ) - $0.000246 (LTCG $0.003090). BlackRock Long-Term Municipal Advantage Trust (NYSE: BTA ) - $0.000905. BlackRock Maryland...

Introduction Closed-end funds do not seem like the best place to be for active traders, at least on paper. However, these products have been our bread and butter for a while now, and as long as we are capable of detecting opportunities and successfully acting on them, we intend to keep o...