About Blackrock Taxable Municipal Bond Trust (NYSE:BBN)
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
Industry Closed End Funds
Trailing P/E RatioN/A
Forward P/E RatioN/A
Sales & Book Value
Price / SalesN/A
Price / CashN/A
Price / BookN/A
Return on EquityN/A
Return on AssetsN/A
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, November 2nd. Investors of record on Wednesday, November 15th will be given a dividend of $0.1318 per share on Thursday, November 30th. This represents a $1.58 annualized dividend and a yield of 6.84%. The ex-dividend date of this dividend is Tuesday, November 14th. 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 3i Infrastructure PLC (3IN), FS Investment Corporation (FSIC), AllianceBernsteinome Fund (ACG), Apollo Investment Corporation (AINV), Tortoise Energy Infrastructure Corporation (TYG), John Laing Infrastructure Fund Ld (JLIF), TPG Specialty Lending (TSLX), Liberty All-Star Equity Fund (USA), Hercules Capital (HTGC), Golub Capital BDC (GBDC), New Mountain Finance Corporation (NMFC), Eaton Vance Tax-Managed Buy-Write Opportunities Fund (ETV), TCP Capital Corp. (TCPC), BlackRock Enhanced Global Dividend Trust (BOE), Solar Capital (SLRC), Invesco California Value Municipal Income Trust (VCV), Eaton Vance Floating-Rate Income Trust (EFT) and PennantPark Investment Corporation (PNNT).
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 (Age 71)
- John M. Perlowski, President, Chief Executive Officer, Director/Trustee (Age 53)
- Karen P. Robards, Independent Vice Chairman of the Board (Age 67)
- Neal J. Andrews, Chief Financial Officer (Age 51)
- Charles C. S. Park, Chief Compliance Officer (Age 50)
- Robert W. Crothers, Vice President (Age 36)
- Jay M. Fife, Treasurer (Age 47)
- Janey Ahn, Secretary (Age 42)
- Michael J. Castellano, Independent Trustee (Age 71)
- Frank J. Fabozzi, Independent Trustee (Age 69)
Who owns Blackrock Taxable Municipal Bond Trust stock?
Blackrock Taxable Municipal Bond Trust's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Ameriprise Financial Inc. (0.96%), Wells Fargo & Company MN (0.85%), Stifel Financial Corp (0.34%), Sit Investment Associates Inc. (0.00%), Commonwealth Equity Services Inc (0.13%) and Evergreen Capital Management LLC (0.06%). 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 Bank of New York Mellon Corp, Sit Investment Associates Inc., Stifel Financial Corp, Doliver Capital Advisors LP, Conning Inc., Stratos Wealth Partners LTD., IFC Holdings Incorporated FL and Good Life Advisors LLC. 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 acquired by a variety of institutional investors in the last quarter, including Ameriprise Financial Inc., Evergreen Capital Management LLC, Wells Fargo & Company MN, Sigma Planning Corp, Citadel Advisors LLC, FinTrust Investment Advisory Services LLC, Commonwealth Equity Services Inc and Yellowstone Partners 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 with access to the U.S. stock market 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 $23.12.
How big of a company is Blackrock Taxable Municipal Bond Trust?
Blackrock Taxable Municipal Bond Trust has a market capitalization of $1.14 billion.
How can I contact Blackrock Taxable Municipal Bond Trust?
Blackrock Taxable Municipal Bond Trust's mailing address is 100 Bellevue Pkwy, WILMINGTON, DE 19809-3700, United States. The investment management company can be reached via phone at +1-800-8820052.
MarketBeat Community Rating for Blackrock Taxable Municipal Bond Trust (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.
Analysts' Consensus Rating for Blackrock Taxable Municipal Bond Trust (NYSE:BBN) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus analyst ratings for company stocks 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). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst 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: ||0 Sell Ratings, 0 Hold Ratings, 0 Buy Ratings, 0 Strong Buy RatingsNo ratings tracked in the last 12 months.|
|Consensus Rating:||N/A (Score: NaN)|
|Analysts' Consensus Price Target: ||N/A|
Consensus Price Target History for Blackrock Taxable Municipal Bond Trust (NYSE:BBN)
Analysts' Ratings History for Blackrock Taxable Municipal Bond Trust (NYSE:BBN)
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)
|Dividend Growth:||0.00% (3 Year Average)|
Dividend History by Quarter for Blackrock Taxable Municipal Bond Trust (NYSE BBN)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
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)
(Data available from 1/1/2013 forward)
|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|| |
Latest Headlines for Blackrock Taxable Municipal Bond Trust (NYSE BBN)
Blackrock Taxable Municipal Bond Trust (NYSE BBN) Chart for Thursday, November, 23, 2017