BlackRock Long-Term Municipal Advantage Trust (BTA)
BlackRock Long-Term Municipal Advantage Trust operates in the Asset Management industry of the Financial Services sector, headquartered in New York City, NY, US. The stock last traded at $9.72, down 0.10% on the session, giving a market capitalisation of $130.6M. On trailing twelve-month figures it carries a trailing P/E of -6.07, a net margin of -284.6%. Its beta of 0.84 implies it has historically moved less than the broad market.
The BlackRock Long-Term Municipal Advantage Trust (BTA) operates as a closed-end investment fund, overseen by BlackRock Advisors, LLC, an entity of BlackRock, Inc. Its investment strategy centers on the fixed income sector within the United States. The fund employs financial derivatives as a tool to gain exposure to municipal debt instruments. A significant portion of its capital is channeled into long-duration municipal bonds, specifically those carrying an original maturity of more than a decade. This U.S.-domiciled trust was constituted on February 28, 2006.
BlackRock Long-Term Municipal Advantage Trust is most often compared with the following Financial Services names: