BlackRock LT Municipal Advantage Trust Company Profile (NYSE:BTA)

About BlackRock LT Municipal Advantage Trust

BlackRock LT Municipal Advantage Trust logoBlackRock Long-Term Municipal Advantage Trust (the Trust) is a non-diversified, closed-end management investment company. The Trust's investment objective is to provide current income exempt from regular federal income tax. The Trust seeks to achieve its investment objective by investing, under normal market conditions, at least 80% of its assets in municipal obligations and derivative instruments with exposure to such municipal obligations, in each case that are exempt from federal income tax (except that the interest may be subject to the federal alternative minimum tax). The Trust invests primarily in long-term municipal bonds with a maturity of more than 10 years at the time of investment. The Trust's municipal bond portfolio will have a dollar-weighted average maturity of more than 10 years. The Trust may invest directly in such securities or synthetically through the use of derivatives. BlackRock Advisors, LLC is the investment manager of the Trust.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Closed-End Fund - Debt
  • Sub-Industry: N/A
  • Exchange: NYSE
  • Symbol: BTA
  • CUSIP:
Key Metrics:
  • Previous Close: $12.06
  • 50 Day Moving Average: $12.4623
  • 200 Day Moving Average: $12.5746
  • 52-Week Range: GBX 10.95 - GBX 13.44
  • Trailing P/E Ratio: N/A
  • P/E Growth: 0.0000
  • Market Cap: $N/A
  • Outstanding Shares: 13,422,000
Additional Links:
Companies Related to BlackRock LT Municipal Advantage Trust:

Analyst Ratings

Consensus Ratings for BlackRock LT Municipal Advantage Trust (NYSE:BTA) (?)
Ratings Breakdown: 3 Sell Ratings, 4 Hold Ratings, 8 Buy Ratings
Consensus Rating:Hold (Score: 2.33)
Consensus Price Target: GBX 462.93 (3,748.12% upside)

Analysts' Ratings History for BlackRock LT Municipal Advantage Trust (NYSE:BTA)
DateFirmActionRatingPrice TargetDetails
10/18/2016Goldman Sachs Group Inc.Reiterated RatingBuyGBX 560View Rating Details
10/7/2016MacquarieDowngradeUnderperformGBX 360 -> GBX 310View Rating Details
10/10/2016Berenberg BankReiterated RatingBuyGBX 506View Rating Details
9/30/2016JPMorgan Chase & Co.Reiterated RatingNeutralView Rating Details
9/20/2016Deutsche Bank AGReiterated RatingSellGBX 370View Rating Details
8/10/2016Credit Suisse Group AGReiterated RatingNeutralGBX 400View Rating Details
8/5/2016HSBCReiterated RatingBuyView Rating Details
7/29/2016Royal Bank Of CanadaReiterated RatingOutperformGBX 550View Rating Details
7/27/2016Jefferies GroupBoost Price TargetHoldGBX 400 -> GBX 405View Rating Details
7/22/2016Societe GeneraleUpgradeBuyGBX 545 -> GBX 500View Rating Details
6/27/2016Citigroup Inc.Reiterated RatingBuyGBX 440View Rating Details
5/5/2016Bank of America Corp.Reiterated RatingOverweightView Rating Details
4/18/2016BNP ParibasReiterated RatingUnderperformGBX 395View Rating Details
2/2/2016NomuraReiterated RatingNeutralGBX 525View Rating Details
2/2/2016Barclays PLCReiterated RatingOverweightGBX 600View Rating Details
7/31/2015Charles StanleyReiterated RatingaccumulateView Rating Details
1/19/2015KillikReiterated RatingBuyView Rating Details
11/28/2014Beaufort SecuritiesReiterated RatingBuyView Rating Details
(Data available from 10/24/2014 forward)


Earnings History for BlackRock LT Municipal Advantage Trust (NYSE:BTA)
No earnings announcements for this company have been tracked by


Earnings Estimates for BlackRock LT Municipal Advantage Trust (NYSE:BTA)
No earnings estimates for this company have been tracked by


Current Dividend Information for BlackRock LT Municipal Advantage Trust (NYSE:BTA)
Annual Dividend:$0.65
Dividend Yield:5.40%
Dividend Growth:-6.40% (3 Year Average)
Payout Ratio:

Dividend History for BlackRock LT Municipal Advantage Trust (NYSE:BTA)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
10/4/2016GBX 0.0510/12/201610/14/201611/1/2016
9/2/2016GBX 0.059/13/20169/15/201610/3/2016
8/2/2016GBX 0.058/11/20168/15/20169/1/2016
7/5/2016GBX 0.057/13/20167/15/20168/1/2016
6/2/2016GBX 0.056/13/20166/15/20167/1/2016
5/3/2016GBX 0.065/12/20165/16/20166/1/2016
4/4/2016GBX 0.064/13/20164/15/20165/2/2016
3/2/2016GBX 0.063/11/20163/15/20164/1/2016
2/2/2016GBX 0.062/11/20162/16/20163/1/2016
1/5/2016GBX 0.061/13/20161/15/20162/1/2016
12/2/2015GBX 0.0612/10/201512/14/201512/31/2015
11/3/2015GBX 0.0611/12/201511/16/201512/1/2015
7/2/2015monthlyGBX 0.066.49%7/13/20157/15/20158/3/2015
6/2/2015monthlyGBX 0.066.3%6/11/20156/15/20157/1/2015
5/4/2015monthlyGBX 0.066.15%5/13/20155/15/20156/1/2015
4/2/2015monthlyGBX 0.066.09%4/13/20154/15/20155/1/2015
3/3/2015monthlyGBX 0.066.12%3/11/20153/13/20154/1/2015
2/3/2015monthlyGBX 0.065.93%2/11/20152/13/20153/2/2015
1/5/2015monthlyGBX 0.066.15%1/13/20151/15/20152/2/2015
12/2/2014monthlyGBX 0.066.18%12/10/201412/12/201412/31/2014
11/4/2014monthlyGBX 0.066.17%11/12/201411/14/201412/1/2014
10/2/2014monthlyGBX 0.066.23%10/10/201410/15/201411/3/2014
9/4/2014monthlyGBX 0.066.6%9/11/20149/15/201410/1/2014
8/4/2014monthlyGBX 0.066.81%8/13/20148/15/20149/2/2014
7/2/2014monthlyGBX 0.066.68%7/11/20147/15/20148/1/2014
6/3/2014monthlyGBX 0.066.56%6/12/20146/16/20147/1/2014
5/2/2014monthlyGBX 0.066.57%5/13/20145/15/20146/2/2014
4/2/2014monthlyGBX 0.066.86%4/11/20144/15/20145/1/2014
3/4/2014monthlyGBX 0.066.88%3/12/20143/14/20144/1/2014
2/4/2014monthlyGBX 0.066.98%2/12/20142/14/20143/3/2014
1/3/2014monthlyGBX 0.067.22%1/13/20141/15/20142/3/2014
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for BlackRock LT Municipal Advantage Trust (NYSE:BTA)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
2/12/2016Jerrold B HarrisDirectorBuy6,000GBX 11.71£702.60View SEC Filing  
1/29/2016Jerrold B HarrisDirectorBuy4,000GBX 11.66£466.40View SEC Filing  
1/20/2016Peter HayesInsiderBuy1,300GBX 11.33£147.29View SEC Filing  
1/5/2015Henry GabbayDirectorSell1,600GBX 11.30£180.80View SEC Filing  
12/17/2013Peter HayesInsiderSell2,000GBX 10.19£203.80View SEC Filing  
6/5/2013Peter HayesInsiderBuy3,000GBX 11.63£348.90View SEC Filing  
(Data available from 1/1/2013 forward)


Latest Headlines for BlackRock LT Municipal Advantage Trust (NYSE:BTA)
DateHeadline logoSky customer growth slows as new products take priority (NYSE:BTA) - April 21 at 6:38 AM logoInvestors Seeking High Yield Should Try Closed-End Funds (NYSE:BTA) - April 24 at 6:19 PM


BlackRock LT Municipal Advantage Trust (NYSE:BTA) Chart for Monday, October, 24, 2016

Last Updated on 10/24/2016 by Staff