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.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Asset Management
Sub-IndustryN/A
SectorFinancial Services
SymbolNYSE:BTA
CUSIPN/A
Phone+1-800-8820052
Debt
Debt-to-Equity RatioN/A
Current RatioN/A
Quick RatioN/A
Price-To-Earnings
Trailing P/E RatioN/A
Forward P/E RatioN/A
P/E GrowthN/A
Sales & Book Value
Annual SalesN/A
Price / SalesN/A
Cash FlowN/A
Price / CashN/A
Book ValueN/A
Price / BookN/A
Profitability
EPS (Most Recent Fiscal Year)N/A
Net IncomeN/A
Net Margins128.30%
Return on Equity9.69%
Return on Assets5.76%
Miscellaneous
EmployeesN/A
Outstanding Shares13,420,000
Market Cap$152.34 million
BlackRock LT Municipal Advantage Trust (NYSE:BTA) Frequently Asked Questions
What is BlackRock LT Municipal Advantage Trust's stock symbol?
BlackRock LT Municipal Advantage Trust trades on the New York Stock Exchange (NYSE) under the ticker symbol "BTA."
How often does BlackRock LT Municipal Advantage Trust pay dividends? What is the dividend yield for BlackRock LT Municipal Advantage Trust?
BlackRock LT Municipal Advantage Trust announced a monthly dividend on Wednesday, August 1st. Stockholders of record on Wednesday, August 15th will be paid a dividend of $0.054 per share on Tuesday, September 4th. This represents a $0.65 dividend on an annualized basis and a dividend yield of 5.71%. The ex-dividend date of this dividend is Tuesday, August 14th. View BlackRock LT Municipal Advantage Trust's Dividend History.
What price target have analysts set for BTA?
7 brokers have issued 12 month target prices for BlackRock LT Municipal Advantage Trust's shares. Their forecasts range from $265.00 to $450.00. On average, they anticipate BlackRock LT Municipal Advantage Trust's stock price to reach $345.8333 in the next year. This suggests a possible upside of 2,947.0% from the stock's current price. View Analyst Price Targets for BlackRock LT Municipal Advantage Trust.
What is the consensus analysts' recommendation for BlackRock LT Municipal Advantage Trust?
7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for BlackRock LT Municipal Advantage Trust in the last year. There are currently 1 sell rating, 3 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for BlackRock LT Municipal Advantage Trust.
Who are some of BlackRock LT Municipal Advantage Trust's key competitors?
Some companies that are related to BlackRock LT Municipal Advantage Trust include Sprott (SPOXF), Nuveen Intermediate Duration Munpl Tm Fd (NID), Clough Global Opportunities Fund (GLO), Western Asset High Income Fund II (HIX), ICG Enterprise Trust (ICGT), MLP (MLP), John Hancock Preferred Income Fund III (HPS), First Trust High Income Long/short Fund (FSD), Mainstay Definedterm Municipal Opptys Fd (MMD), Standard Life Private Equity Trust (SLPE), Guggenheim Strategic Opportunities Fund (GOF), Neuberger Berman MLP Income Fund (NML), Invesco Advantage Municipal Income Tr II (VKI), Goldman Sachs MLP and Energy Renassnc Fd (GER) and First Trust Energy Income & Growth Fund (FEN).
Who are BlackRock LT Municipal Advantage Trust's key executives?
BlackRock LT Municipal Advantage Trust's management team includes the folowing people:
- Mr. John M. Perlowski, Chief Exec. Officer and Pres (Age 54)
- Mr. Neal J. Andrews, Chief Financial Officer (Age 52)
- Mr. Charles Choon Sik Park, Chief Compliance Officer and Anti- Money Laundering Officer (Age 51)
- Mr. Jay M. Fife, Treasurer (Age 48)
- Ms. Janey Ahn, Sec. (Age 43)
Has BlackRock LT Municipal Advantage Trust been receiving favorable news coverage?
Media coverage about BTA stock has trended somewhat positive on Thursday, Accern reports. Accern identifies negative and positive news coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. BlackRock LT Municipal Advantage Trust earned a news impact score of 0.16 on Accern's scale. They also assigned press coverage about the financial services provider an impact score of 45.56 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the next several days. View Recent Headlines for BlackRock LT Municipal Advantage Trust.
Who are BlackRock LT Municipal Advantage Trust's major shareholders?
BlackRock LT Municipal Advantage Trust's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Advisors Asset Management Inc. (2.11%), Laurion Capital Management LP (0.83%), Van ECK Associates Corp (0.31%), IFP Advisors Inc (0.23%), Robinson Capital Management LLC (0.22%) and Oxbow Advisors LLC (0.16%). View Institutional Ownership Trends for BlackRock LT Municipal Advantage Trust.
Which institutional investors are selling BlackRock LT Municipal Advantage Trust stock?
Which institutional investors are buying BlackRock LT Municipal Advantage Trust stock?
How do I buy shares of BlackRock LT Municipal Advantage Trust?
Shares of BTA 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 LT Municipal Advantage Trust's stock price today?
One share of BTA stock can currently be purchased for approximately $11.35.
How big of a company is BlackRock LT Municipal Advantage Trust?
BlackRock LT Municipal Advantage Trust has a market capitalization of $152.34 million.
How can I contact BlackRock LT Municipal Advantage Trust?
BlackRock LT Municipal Advantage Trust's mailing address is 100 Bellevue Pkwy, WILMINGTON, DE 19809-3700, United States. The financial services provider can be reached via phone at +1-800-8820052.
MarketBeat Community Rating for BlackRock LT Municipal Advantage Trust (NYSE BTA)
MarketBeat's community ratings are surveys of what our community members think about BlackRock LT Municipal Advantage Trust and other stocks. Vote "Outperform" if you believe BTA will outperform the S&P 500 over the long term. Vote "Underperform" if you believe BTA will underperform the S&P 500 over the long term. You may vote once every thirty days.
