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Upturn AI SWOT - About
BlackRock Long-Term Municipal Advantage Trust (BTA)
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Upturn Advisory Summary
08/28/2025: BTA (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Analysis of Past Performance
Type Stock | Historic Profit -8.67% | Avg. Invested days 44 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  2.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 08/28/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 121.23M USD | Price to earnings Ratio 15.55 | 1Y Target Price - |
Price to earnings Ratio 15.55 | 1Y Target Price - | ||
Volume (30-day avg) - | Beta 0.79 | 52 Weeks Range 8.62 - 10.70 | Updated Date 06/29/2025 |
52 Weeks Range 8.62 - 10.70 | Updated Date 06/29/2025 | ||
Dividends yield (FY) 6.59% | Basic EPS (TTM) 0.58 |
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 70.85% | Operating Margin (TTM) 81.9% |
Management Effectiveness
Return on Assets (TTM) 2.53% | Return on Equity (TTM) 5.51% |
Valuation
Trailing PE 15.55 | Forward PE - | Enterprise Value 223932112 | Price to Sales(TTM) 11.11 |
Enterprise Value 223932112 | Price to Sales(TTM) 11.11 | ||
Enterprise Value to Revenue 14.92 | Enterprise Value to EBITDA - | Shares Outstanding 13439900 | Shares Floating - |
Shares Outstanding 13439900 | Shares Floating - | ||
Percent Insiders - | Percent Institutions 26.7 |
Upturn AI SWOT
BlackRock Long-Term Municipal Advantage Trust
Company Overview
History and Background
BlackRock Long-Term Municipal Advantage Trust (BTA) is a closed-end management investment company. It was launched to provide current income exempt from federal income tax, with a secondary goal of capital appreciation. Details about its specific founding year and earlier milestones are generally less emphasized in public information compared to operational performance.
Core Business Areas
- Municipal Bond Investments: Primarily invests in a diversified portfolio of long-term municipal bonds to generate income exempt from federal income tax. Portfolio management and credit analysis are key.
Leadership and Structure
BTA is managed by BlackRock Advisors, LLC, a subsidiary of BlackRock, Inc. Key decision-makers include portfolio managers specializing in municipal bonds. As a closed-end fund, it has a board of directors overseeing its operations.
Top Products and Market Share
Key Offerings
- Municipal Bond Portfolio: BTA offers a professionally managed portfolio of municipal bonds. Market share data specific to BTA's AUM versus the total municipal bond fund market is difficult to pinpoint precisely. Competitors include other closed-end municipal bond funds and open-end municipal bond mutual funds. Market data not readily available.
Market Dynamics
Industry Overview
The municipal bond market is influenced by factors such as interest rates, credit quality of issuers, tax policy, and overall economic conditions. Demand for municipal bonds is driven by investors seeking tax-exempt income.
Positioning
BTA is positioned as a provider of tax-exempt income through a diversified portfolio of municipal bonds. Competitive advantages include BlackRock's extensive research capabilities and experienced portfolio management team.
Total Addressable Market (TAM)
The total municipal bond market is in the trillions of dollars. BTA's position in relation to this TAM is as a specific closed-end fund offering a particular investment strategy within the broader market. Precise percentages are not readily available.
Upturn SWOT Analysis
Strengths
- Experienced management team (BlackRock)
- Diversified municipal bond portfolio
- Tax-exempt income
- Established track record
Weaknesses
- Closed-end fund structure (potential for trading at a discount to NAV)
- Sensitivity to interest rate changes
- Dependence on creditworthiness of municipal issuers
- Management fees
Opportunities
- Rising demand for tax-exempt income
- Potential for capital appreciation in a declining interest rate environment
- Expansion of municipal bond market
- Increased investor awareness of closed-end funds
Threats
- Rising interest rates
- Credit downgrades of municipal issuers
- Changes in tax policy
- Increased competition from other fixed-income investments
Competitors and Market Share
Key Competitors
- NUV
- VFL
- EOT
- MUB
Competitive Landscape
BTA's advantages include BlackRock's management expertise. Disadvantages include the closed-end fund structure and sensitivity to interest rate risk. Competition comes from other municipal bond funds and fixed-income investments. Market share estimates are difficult to ascertain precisely due to varying fund sizes and reporting practices.
Growth Trajectory and Initiatives
Historical Growth: Growth is reflected in the fund's ability to maintain or increase NAV and distribution rates over time. This is dependent on market conditions and portfolio performance.
Future Projections: Future growth is dependent on factors such as interest rates, credit quality of municipal issuers, and investor demand for tax-exempt income. Analyst estimates are generally not available for individual closed-end funds.
Recent Initiatives: Recent initiatives would likely involve adjustments to the portfolio composition based on market conditions and credit analysis of municipal issuers. Specific initiatives are not always publicly disclosed.
Summary
BlackRock Long-Term Municipal Advantage Trust (BTA) offers tax-exempt income through a diversified portfolio of municipal bonds managed by BlackRock. BTA's strength lies in BlackRock's expertise. Investors should be aware of the risks associated with closed-end funds and interest rate sensitivity. Future performance depends on market conditions and the creditworthiness of municipal issuers. BTA is a viable option for investors seeking tax-advantaged income, but it's crucial to consider its limitations and market dynamics.
Peer Comparison
Sources and Disclaimers
Data Sources:
- BlackRock official website
- SEC filings
- Financial news sources
Disclaimers:
The information provided is for informational purposes only and does not constitute financial advice. Investment decisions should be made based on individual circumstances and consultation with a qualified financial advisor. Market share data is estimated and may not be precise.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About BlackRock Long-Term Municipal Advantage Trust
Exchange NYSE | Headquaters New York, NY, United States | ||
IPO Launch date 2006-02-27 | CEO - | ||
Sector Financial Services | Industry Asset Management | Full time employees - | |
Full time employees - | |||
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.
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