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 declared a monthly dividend on Wednesday, August 1st. Stockholders of record on Wednesday, August 15th will be given a dividend of $0.054 per share on Tuesday, September 4th. This represents a $0.65 annualized dividend and a dividend yield of 5.68%. 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 Wall Street analysts have issued 12 month price targets 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 2,933.6% 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 Dividend 15 Split (DFN).
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?
Headlines about BTA stock have been trending somewhat positive on Tuesday, Accern Sentiment reports. The research group rates the sentiment of media coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. BlackRock LT Municipal Advantage Trust earned a daily sentiment score of 0.17 on Accern's scale. They also gave headlines about the financial services provider an impact score of 46.92 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company'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 variety 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 major investors are selling BlackRock LT Municipal Advantage Trust stock?
Which major 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 $11.40.
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.
