BlackRock Taxable Municipal Bond Trust (BBN)
BlackRock Taxable Municipal Bond Trust operates in the Asset Management - Bonds industry of the Financial Services sector, headquartered in New York City, NY, US. The stock last traded at $15.93, down 0.06% on the session, giving a market capitalisation of $984.4M. On trailing twelve-month figures it carries a trailing P/E of 12.54, a net margin of 91.3%. Its beta of 0.64 implies it has historically moved less than the broad market.
The BlackRock Taxable Municipal Bond Trust is a closed-ended investment fund sponsored by BlackRock, Inc., and expertly managed by BlackRock Advisors, LLC. This trust primarily allocates its capital within the United States' fixed income markets. Its core holdings are taxable municipal securities, notably including Build America Bonds. Beyond this, the fund diversifies its portfolio with investments in tax-exempt securities, U.S. Treasury obligations, debt from U.S. government agencies and instrumentalities, and corporate debt instruments. Previously, it operated under the name BlackRock Build America Bond Trust. Established on August 27, 2010, the trust is domiciled within the United States.
BlackRock Taxable Municipal Bond Trust is most often compared with the following Financial Services names: