BTA Stock Overview
About the company
BlackRock Long-Term Municipal Advantage Trust is a closed ended fixed income mutual fund launched by BlackRock, Inc. It is managed by BlackRock Advisors, LLC. The fund invests in fixed income markets of the United States. It uses financial derivatives to invest in municipal obligations. The fund primarily invests in long-term municipal bonds with a maturity of more than ten years at the time of investment. BlackRock Long-Term Municipal Advantage Trust was formed on February 28, 2006 and is domiciled in United States.
Snowflake Analysis
| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 0/6 |
| Past Performance | 1/6 |
| Financial Health | 2/6 |
| Dividends | 4/6 |
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BlackRock Long-Term Municipal Advantage Trust Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$9.48 |
| 52 Week High | US$12.40 |
| 52 Week Low | US$8.65 |
| Beta | 0.63 |
| 1 Month Change | -1.76% |
| 3 Month Change | 2.05% |
| 1 Year Change | -18.77% |
| 3 Year Change | -14.13% |
| 5 Year Change | -16.25% |
| Change since IPO | -36.80% |
Recent News & Updates
BlackRock Long-Term Municipal Advantage Trust declares $0.0435 dividend
Feb 03BlackRock Long-Term Municipal Advantage Trust declares $0.0435 dividend
Dec 12BlackRock Long-Term Municipal Advantage Trust declares $0.0435 dividend
Nov 07BlackRock Long-Term Municipal Advantage Trust declines dividend by 20.2% to $ 0.0435
Oct 06BlackRock Long-Term Municipal Advantage Trust declares $0.055 dividend
Sep 02BlackRock Long-Term Municipal Advantage Trust declares $0.0545 dividend
Aug 02Recent updates
BlackRock Long-Term Municipal Advantage Trust declares $0.0435 dividend
Feb 03BlackRock Long-Term Municipal Advantage Trust declares $0.0435 dividend
Dec 12BlackRock Long-Term Municipal Advantage Trust declares $0.0435 dividend
Nov 07BlackRock Long-Term Municipal Advantage Trust declines dividend by 20.2% to $ 0.0435
Oct 06BlackRock Long-Term Municipal Advantage Trust declares $0.055 dividend
Sep 02BlackRock Long-Term Municipal Advantage Trust declares $0.0545 dividend
Aug 02BlackRock Long-Term Municipal Advantage Trust declares $0.0545 dividend
Jul 05BlackRock Long-Term Municipal Advantage Trust declares $0.05 dividend
May 07BlackRock Long-Term Municipal Advantage Trust declares $0.0505 dividend
Feb 04BlackRock Long-Term Municipal Advantage Trust declares $0.0505 dividend
Jan 05BlackRock Long-Term Municipal Advantage Trust declares $0.0505 dividend
Dec 04BlackRock Long-Term Municipal Advantage Trust declares $0.0505 dividend
Nov 03Shareholder Returns
| BTA | US Capital Markets | US Market | |
|---|---|---|---|
| 7D | -3.0% | 0.02% | 1.3% |
| 1Y | -18.8% | -18.9% | -14.6% |
Return vs Industry: BTA matched the US Capital Markets industry which returned -18.9% over the past year.
Return vs Market: BTA underperformed the US Market which returned -14.6% over the past year.
Price Volatility
| BTA volatility | |
|---|---|
| BTA Average Weekly Movement | 2.0% |
| Capital Markets Industry Average Movement | 0.6% |
| Market Average Movement | 6.5% |
| 10% most volatile stocks in US Market | 16.6% |
| 10% least volatile stocks in US Market | 3.0% |
Stable Share Price: BTA is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 2% a week.
Volatility Over Time: BTA's weekly volatility (2%) has been stable over the past year.
BlackRock Long-Term Municipal Advantage Trust Fundamentals Summary
| BTA fundamental statistics | |
|---|---|
| Market Cap | US$127.29m |
| Earnings (TTM) | US$12.56m |
| Revenue (TTM) | US$11.58m |
10.1x
P/E Ratio11.0x
P/S RatioIs BTA overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| BTA income statement (TTM) | |
|---|---|
| Revenue | US$11.58m |
| Cost of Revenue | US$0 |
| Gross Profit | US$11.58m |
| Other Expenses | -US$976.41k |
| Earnings | US$12.56m |
Last Reported Earnings
Jul 31, 2022
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.94 |
| Gross Margin | 100.00% |
| Net Profit Margin | 108.43% |
| Debt/Equity Ratio | 71.4% |
How did BTA perform over the long term?
See historical performance and comparison