BlackRock Taxable Municipal Bond Trust (the Trust) is a non-diversified, closed-end management investment company. The Trust's investment objective is to seek high current income, with a secondary objective of capital appreciation. The Trust seeks to achieve its investment objectives by investing primarily in a portfolio of taxable municipal securities, including Build America Bonds (BABs), issued by state and local governments to finance capital projects, such as public schools, roads, transportation infrastructure, bridges, ports and public buildings. It also has the ability to invest up to 20% of its managed assets in securities other than taxable municipal securities. It may invest at least 80% of its managed assets in securities that at the time of purchase are investment-grade quality. It invests in various sectors, including utilities, transportation, education, tobacco, commercial services and supplies, and housing. The Trust's investment manager is BlackRock Advisors, LLC.
Industry, Sector and Symbol:
Average Prices:- 50 Day Moving Avg: $23.19
- 200 Day Moving Avg: $22.70
- 52 Week Range: $19.50 - $25.09
P/E:- Trailing P/E Ratio: N/A
- P/E Growth: 0.00
Misc:- Average Volume: 107,427 shs.
Frequently Asked Questions for Blackrock Taxable Municipal Bond Trust (NYSE:BBN)
What is Blackrock Taxable Municipal Bond Trust's stock symbol?
Blackrock Taxable Municipal Bond Trust trades on the New York Stock Exchange (NYSE) under the ticker symbol "BBN."
How often does Blackrock Taxable Municipal Bond Trust pay dividends? What is the dividend yield for Blackrock Taxable Municipal Bond Trust?
Blackrock Taxable Municipal Bond Trust declared a monthly dividend on Thursday, August 3rd. Stockholders of record on Tuesday, August 15th will be given a dividend of $0.1318 per share on Thursday, August 31st. This represents a $1.58 dividend on an annualized basis and a dividend yield of 6.82%. The ex-dividend date of this dividend is Friday, August 11th. View Blackrock Taxable Municipal Bond Trust's Dividend History.
Who are some of Blackrock Taxable Municipal Bond Trust's key competitors?
Some companies that are related to Blackrock Taxable Municipal Bond Trust include Ares Capital Corporation (ARCC), Prospect Capital Corporation (PSEC), FS Investment Corporation (FSIC), 3i Infrastructure PLC (3IN), Tortoise Energy Infrastructure Corporation (TYG), Apollo Investment Corporation (AINV), TPG Specialty Lending (TSLX), Golub Capital BDC (GBDC), New Mountain Finance Corporation (NMFC), Liberty All-Star Equity Fund (USA), Hercules Capital (HTGC), TCP Capital Corp. (TCPC), Solar Capital (SLRC), Ithaca Energy (IAE), Triangle Capital Corporation (TCAP), Invesco California Value Municipal Income Trust (VCV), PennantPark Investment Corporation (PNNT) and BlackRock Capital Investment Corporation (BKCC).
Who are Blackrock Taxable Municipal Bond Trust's key executives?
Blackrock Taxable Municipal Bond Trust's management team includes the folowing people:
- Richard E. Cavanagh, Independent Chairman of the Board of the Trustees
- John M. Perlowski, President, Chief Executive Officer, Director/Trustee
- Karen P. Robards, Independent Vice Chairman of the Board
- Neal J. Andrews, Chief Financial Officer
- Charles C. S. Park, Chief Compliance Officer
- Robert W. Crothers, Vice President
- Jay M. Fife, Treasurer
- Janey Ahn, Secretary
- Michael J. Castellano, Independent Trustee
- Frank J. Fabozzi, Independent Trustee
Who owns Blackrock Taxable Municipal Bond Trust stock?
Blackrock Taxable Municipal Bond Trust's stock is owned by a number of of retail and institutional investors. Top institutional investors include Wells Fargo & Company MN (0.00%), Ameriprise Financial Inc. (0.00%), Longer Investments Inc. (0.00%), Stifel Financial Corp (0.00%), Royal Bank of Canada (0.00%) and Sit Investment Associates Inc. (0.00%). View Institutional Ownership Trends for Blackrock Taxable Municipal Bond Trust.
Who sold Blackrock Taxable Municipal Bond Trust stock? Who is selling Blackrock Taxable Municipal Bond Trust stock?
Blackrock Taxable Municipal Bond Trust's stock was sold by a variety of institutional investors in the last quarter, including Royal Bank of Canada, Cornerstone Advisory LLP, Cambridge Investment Research Advisors Inc., BB&T Securities LLC, Longer Investments Inc., Sit Investment Associates Inc., Private Advisor Group LLC and D.A. Davidson & CO.. View Insider Buying and Selling for Blackrock Taxable Municipal Bond Trust.
Who bought Blackrock Taxable Municipal Bond Trust stock? Who is buying Blackrock Taxable Municipal Bond Trust stock?
Blackrock Taxable Municipal Bond Trust's stock was purchased by a variety of institutional investors in the last quarter, including Ameriprise Financial Inc., Wells Fargo & Company MN, SG Americas Securities LLC, Doliver Capital Advisors LP, Cliftonlarsonallen Wealth Advisors LLC, Susquehanna International Group LLP, NINE MASTS CAPITAL Ltd and Strategic Financial Group LLC. View Insider Buying and Selling for Blackrock Taxable Municipal Bond Trust.
How do I buy Blackrock Taxable Municipal Bond Trust stock?
Shares of Blackrock Taxable Municipal Bond Trust can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Blackrock Taxable Municipal Bond Trust's stock price today?
One share of Blackrock Taxable Municipal Bond Trust stock can currently be purchased for approximately $23.19.
MarketBeat Community Rating for Blackrock Taxable Municipal Bond Trust (NYSE BBN)MarketBeat's community ratings are surveys of what our community members think about Blackrock Taxable Municipal Bond Trust and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Consensus Ratings for Blackrock Taxable Municipal Bond Trust (NYSE:BBN) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | No ratings tracked in the last 12 months. |
| Consensus Rating: | N/A (Score: NaN) |
| Consensus Price Target: | N/A |
Analysts' Ratings History for Blackrock Taxable Municipal Bond Trust (NYSE:BBN)
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No equities research coverage for this company has been tracked by MarketBeat.com
Earnings History for Blackrock Taxable Municipal Bond Trust (NYSE:BBN)
No earnings announcements for this company have been tracked by MarketBeat.com
Earnings Estimates for Blackrock Taxable Municipal Bond Trust (NYSE:BBN)No earnings estimates for this company have been tracked by MarketBeat.com
Current Dividend Information for Blackrock Taxable Municipal Bond Trust (NYSE:BBN)| Next Dividend: | 8/31/2017 |
| Annual Dividend: | $1.58 |
| Dividend Yield: | 6.81% |
| Dividend Growth: | 0.00% (3 Year Average) |
| Payout Ratio: | |
Dividend History by Quarter for Blackrock Taxable Municipal Bond Trust (NYSE BBN)| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 8/3/2017 | monthly | $0.13 | 6.78% | 8/11/2017 | 8/15/2017 | 8/31/2017 |
| 7/5/2017 | monthly | $0.13 | 6.87% | 7/12/2017 | 7/14/2017 | 7/31/2017 |
| 6/2/2017 | monthly | $0.13 | 6.87% | 6/13/2017 | 6/15/2017 | 6/30/2017 |
| 5/2/2017 | monthly | $0.13 | 6.96% | 5/11/2017 | 5/15/2017 | 5/31/2017 |
| 4/4/2017 | monthly | $0.13 | 7.04% | 4/11/2017 | 4/13/2017 | 4/28/2017 |
| 3/2/2017 | monthly | $0.13 | 7.11% | 3/13/2017 | 3/15/2017 | 3/31/2017 |
| 2/10/2017 | monthly | $0.13 | 6.97% | 2/13/2017 | 2/15/2017 | 2/28/2017 |
| 12/20/2016 | monthly | $0.13 | 7.35% | 12/28/2016 | 12/30/2016 | 1/9/2017 |
| 7/2/2015 | monthly | $0.13 | 7.98% | 7/13/2015 | 7/15/2015 | 7/31/2015 |
| 6/2/2015 | monthly | $0.13 | 7.61% | 6/11/2015 | 6/15/2015 | 6/30/2015 |
| 5/4/2015 | monthly | $0.13 | 7.12% | 5/13/2015 | 5/15/2015 | 5/29/2015 |
| 4/2/2015 | monthly | $0.13 | 6.99% | 4/13/2015 | 4/15/2015 | 4/30/2015 |
| 3/3/2015 | monthly | $0.13 | 6.95% | 3/11/2015 | 3/13/2015 | 3/31/2015 |
| 2/3/2015 | monthly | $0.13 | 6.83% | 2/11/2015 | 2/13/2015 | 2/27/2015 |
| 12/23/2014 | monthly | $0.13 | 7.25% | 12/29/2014 | 12/31/2014 | 1/9/2015 |
| 12/2/2014 | monthly | $0.13 | 7.39% | 12/10/2014 | 12/12/2014 | 12/19/2014 |
| 11/4/2014 | monthly | $0.13 | 7.42% | 11/12/2014 | 11/14/2014 | 11/28/2014 |
| 10/2/2014 | monthly | $0.13 | 7.52% | 10/10/2014 | 10/15/2014 | 10/31/2014 |
| 9/4/2014 | monthly | $0.13 | 7.25% | 9/11/2014 | 9/15/2014 | 9/30/2014 |
| 8/4/2014 | monthly | $0.13 | 7.39% | 8/13/2014 | 8/15/2014 | 8/29/2014 |
| 7/2/2014 | monthly | $0.13 | 7.38% | 7/11/2014 | 7/15/2014 | 7/31/2014 |
| 6/3/2014 | monthly | $0.13 | 7.6% | 6/12/2014 | 6/16/2014 | 6/30/2014 |
| 5/2/2014 | monthly | $0.13 | 7.65% | 5/13/2014 | 5/15/2014 | 5/30/2014 |
| 4/2/2014 | monthly | $0.13 | 7.89% | 4/11/2014 | 4/15/2014 | 4/30/2014 |
| 3/4/2014 | monthly | $0.13 | 7.97% | 3/12/2014 | 3/14/2014 | 3/31/2014 |
| 2/4/2014 | monthly | $0.13 | 8.08% | 2/12/2014 | 2/14/2014 | 2/28/2014 |
| 12/20/2013 | monthly | $0.13 | 8.21% | 12/27/2013 | 12/31/2013 | 1/8/2014 |
| 12/3/2013 | monthly | $0.13 | 8.64% | 12/11/2013 | 12/13/2013 | 12/19/2013 |
| 11/4/2013 | monthly | $0.13 | 8.11% | 11/13/2013 | 11/15/2013 | 11/29/2013 |
| 10/2/2013 | monthly | $0.13 | 8.39% | 10/11/2013 | 10/16/2013 | 10/31/2013 |
| 9/4/2013 | monthly | $0.13 | 8.33% | 9/12/2013 | 9/16/2013 | 9/30/2013 |
| 8/2/2013 | monthly | $0.13 | 8.24% | 8/13/2013 | 8/15/2013 | 8/30/2013 |
(Data available from 1/1/2013 forward)
Insider Trading and Institutional Ownership History for Blackrock Taxable Municipal Bond Trust (NYSE:BBN)Insider Trades by Quarter for Blackrock Taxable Municipal Bond Trust (NYSE:BBN)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 1/6/2014 | Jerrold B Harris | Director | Sell | 17,500 | $19.20 | $336,000.00 |  |
| 7/17/2013 | Jerrold B Harris | Director | Sell | 24,000 | $20.01 | $480,240.00 | |
| 5/16/2013 | Jerrold B Harris | Director | Buy | 3,500 | $22.62 | $79,170.00 | |
| 9/19/2012 | Michael J Castellano | Director | Buy | 1,000 | $23.05 | $23,050.00 | |
| 9/13/2012 | Jerrold B Harris | Director | Buy | 16,000 | $23.17 | $370,720.00 | |
| 9/11/2012 | Jerrold B Harris | Director | Buy | 12,200 | $23.54 | $287,188.00 | |
| 8/6/2012 | Jerrold B Harris | Director | Buy | 6,165 | $23.83 | $146,911.95 | |
(Data available from 1/1/2013 forward)
Headline Trends for Blackrock Taxable Municipal Bond Trust (NYSE:BBN)
Latest Headlines for Blackrock Taxable Municipal Bond Trust (NYSE:BBN)
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Blackrock Taxable Municipal Bond Trust (BBN) Chart for Wednesday, August, 16, 2017
