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Trending ETFs

Blackrock Long-Term Municipal Advantage Trust

mutual fund
XBTAX
Payout Change
Suspended
Price as of:
$10.72 -0.11 -1.02%
primary theme
High Yield Municipal Bond
share class
Other (XBTAX)
XBTAX (Mutual Fund)

Blackrock Long-Term Municipal Advantage Trust

Payout Change
Suspended
Price as of:
$10.72 -0.11 -1.02%
primary theme
High Yield Municipal Bond
share class
Other (XBTAX)
XBTAX (Mutual Fund)

Blackrock Long-Term Municipal Advantage Trust

Payout Change
Suspended
Price as of:
$10.72 -0.11 -1.02%
primary theme
High Yield Municipal Bond
share class
Other (XBTAX)

Name

As of 12/12/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Blackrock Long-Term Municipal Advantage Trust

XBTAX | Fund

$10.72

$152 M

0.00%

1.73%

Vitals

YTD Return

1.3%

1 yr return

3.9%

3 Yr Avg Return

-7.3%

5 Yr Avg Return

-3.5%

Net Assets

$152 M

Holdings in Top 10

66.6%

52 WEEK LOW AND HIGH

$10.8
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.73%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 27.00%

Redemption Fee N/A

Min Investment

Standard (Taxable)

N/A

IRA

N/A

Fund Classification

Fund Type

Closed-end mutual fund

Name

As of 12/12/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Blackrock Long-Term Municipal Advantage Trust

XBTAX | Fund

$10.72

$152 M

0.00%

1.73%

XBTAX - Profile

Distributions

  • YTD Total Return 1.3%
  • 3 Yr Annualized Total Return -7.3%
  • 5 Yr Annualized Total Return -3.5%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 5.32%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Blackrock Long-Term Municipal Advantage Trust
  • Fund Family Name
    BlackRock
  • Inception Date
    Mar 24, 2006
  • Shares Outstanding
    13432558
  • Share Class
    Other
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Theodore Jaeckel

Fund Description

XBTAX - Performance

Return Ranking - Trailing

Period XBTAX Return Category Return Low Category Return High Rank in Category (%)
YTD 1.3% -0.8% 14.7% 96.52%
1 Yr 3.9% -0.1% 17.8% 96.02%
3 Yr -7.3%* -8.1% 3.4% 98.98%
5 Yr -3.5%* -4.8% 3.9% 94.36%
10 Yr 0.8%* -0.5% 155.7% 95.28%

* Annualized

Return Ranking - Calendar

Period XBTAX Return Category Return Low Category Return High Rank in Category (%)
2023 4.6% -6.2% 7.5% 10.89%
2022 -24.7% -26.9% -3.5% 97.49%
2021 2.9% -1.9% 5.6% 26.40%
2020 1.6% -4.0% 4.2% 19.90%
2019 6.4% -0.7% 9.1% 21.58%

Total Return Ranking - Trailing

Period XBTAX Return Category Return Low Category Return High Rank in Category (%)
YTD 1.3% -0.8% 14.7% 96.52%
1 Yr 3.9% -0.1% 17.8% 96.02%
3 Yr -7.3%* -8.1% 3.4% 98.98%
5 Yr -3.5%* -4.8% 3.9% 94.36%
10 Yr 0.8%* -0.5% 155.7% 95.28%

* Annualized

Total Return Ranking - Calendar

Period XBTAX Return Category Return Low Category Return High Rank in Category (%)
2023 4.6% -4.1% 10.9% 80.69%
2022 -24.7% -26.9% 4.3% 97.49%
2021 2.9% -1.9% 10.0% 87.31%
2020 1.6% -2.6% 8.2% 79.59%
2019 9.0% -0.7% 1028633.9% 43.16%

NAV & Total Return History

XBTAX - Holdings

Concentration Analysis

XBTAX Category Low Category High XBTAX % Rank
Net Assets 152 M 3.1 M 15.6 B 85.50%
Number of Holdings 357 20 3325 64.32%
Net Assets in Top 10 -45.7 M -102 M 1.96 B 99.50%
Weighting of Top 10 66.61% 4.6% 98.9% 5.03%

Top 10 Holdings

  1. Blackrock Long-Term Mun Advantage Tr Pfd 0.75% 47.61%
  2. NEW YORK LIBERTY DEV CORP LIBERTY REV 5.25% 3.48%
  3. NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV 4% 3.33%
  4. ARKANSAS ST DEV FIN AUTH INDL DEV REV 4.75% 2.35%
  5. NEW YORK N Y CITY HSG DEV CORP MULTIFAMILY HSG REV 2.65% 2.31%
  6. BUCKEYE OHIO TOB SETTLEMENT FING AUTH 5% 2.28%
  7. HUDSON YDS INFRASTRUCTURE CORP N Y REV 5.75% 2.10%
  8. PUERTO RICO SALES TAX FING CORP SALES TAX REV 5% 2.06%
  9. TENDER OPT BD TR RCPTS / CTFS VAR STS 14.02% 1.97%
  10. TOBACCO SETTLEMENT FING CORP N J 5% 1.96%

Asset Allocation

Weighting Return Low Return High XBTAX % Rank
Bonds 		146.69% 0.00% 146.69% 0.50%
Cash 		0.92% -0.64% 10.86% 39.20%
Stocks 		0.00% 0.00% 99.72% 53.47%
Other 		0.00% -5.67% 5.07% 43.72%
Convertible Bonds 		0.00% 0.00% 0.00% 31.66%
Preferred Stocks 		-47.61% -47.61% 0.00% 100.00%

Bond Sector Breakdown

Weighting Return Low Return High XBTAX % Rank
Municipal 		99.38% 50.68% 100.00% 27.64%
Cash & Equivalents 		0.62% 0.00% 10.86% 27.64%
Derivative 		0.00% -7.70% 2.16% 38.69%
Securitized 		0.00% 0.00% 22.44% 35.18%
Corporate 		0.00% 0.00% 2.83% 64.32%
Government 		0.00% 0.00% 0.09% 34.67%

Bond Geographic Breakdown

Weighting Return Low Return High XBTAX % Rank
US 		139.84% 0.00% 139.84% 0.50%
Non US 		6.85% 0.00% 13.35% 2.51%

XBTAX - Expenses

Operational Fees

XBTAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.73% 0.22% 3.44% 14.85%
Management Fee 1.00% 0.00% 1.41% 98.51%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.02% 0.35% N/A

Sales Fees

XBTAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 1.00% 4.50% N/A
Deferred Load N/A 1.00% 4.00% N/A

Trading Fees

XBTAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A N/A N/A N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

XBTAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 27.00% 2.00% 121.00% 70.59%

XBTAX - Distributions

Dividend Yield Analysis

XBTAX Category Low Category High XBTAX % Rank
Dividend Yield 0.00% 0.00% 5.94% 92.57%

Dividend Distribution Analysis

XBTAX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Monthly Monthly Monthly

Net Income Ratio Analysis

XBTAX Category Low Category High XBTAX % Rank
Net Income Ratio 5.32% 1.11% 5.44% 1.49%

Capital Gain Distribution Analysis

XBTAX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually

Distributions History

View More +

XBTAX - Fund Manager Analysis

Managers

Theodore Jaeckel

Start Date

Tenure

Tenure Rank

Oct 31, 2006

15.59

15.6%

Jaeckel Jr. is managing director at BlackRock. He joined BlackRock following the merger with Merrill Lynch Investment Managers (MLIM) in 2006. He is a member of BlackRock's Fixed Income Portfolio Management Group. Prior to joining MLIM in 1990, he was a municipal bond trader with Chemical Bank. Jaeckel holds the Chartered Financial Analyst designation.

Michael Perilli

Start Date

Tenure

Tenure Rank

Dec 31, 2021

0.41

0.4%

Jointly and primarily responsible for the day-to-day management of the Fund’s portfolio, including setting the Fund’s overall investment strategy and overseeing the management of the Fund. Vice President of BlackRock, Inc. since 2017;Associate of BlackRock, Inc. since 2011.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.25 21.43 7.58 2.52

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