BTA
BTA 1-star rating from Upturn Advisory

BlackRock Long-Term Municipal Advantage Trust (BTA)

BlackRock Long-Term Municipal Advantage Trust (BTA) 1-star rating from Upturn Advisory
$9.5
Last Close (24-hour delay)
Profit since last BUY5.79%
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WEAK BUY
BUY since 46 days
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Upturn Advisory Summary

11/05/2025: BTA (1-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

Upturn 1 star rating for performance

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 -3.89%
Avg. Invested days 46
Today’s Advisory WEAK BUY
Upturn Star Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance icon 3.0
Stock Returns Performance Upturn Returns Performance icon 1.0
Upturn Profits based on simulation icon Profits based on simulation
Upturn last close icon Last Close 11/05/2025

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

Icon representing Upturn AI-generated SWOT analysis summary Upturn AI SWOT

BlackRock Long-Term Municipal Advantage Trust

BlackRock Long-Term Municipal Advantage Trust(BTA) company logo displayed in Upturn AI summary

Company Overview

Company history and background logo History and Background

BlackRock Long-Term Municipal Advantage Trust (BTA) is a closed-end fund established to provide current income exempt from federal income tax, with a secondary objective of seeking attractive total return. Details of its founding year and initial milestones are available from BlackRock's official investor relations resources.

Company business area logo Core Business Areas

  • Municipal Bond Investments: Investing in a diversified portfolio of municipal bonds, focusing on long-term maturities to enhance yield.

leadership logo Leadership and Structure

BlackRock, Inc. manages the fund. Specific leadership details for the fund can be found on BlackRock's website and filings.

Top Products and Market Share

Product Key Offerings logo Key Offerings

  • Municipal Bond Portfolio: A diversified portfolio of municipal bonds designed to generate tax-exempt income and long-term capital appreciation. Market share data is not directly applicable as it's a specific fund within a larger asset management landscape. Competitors include other closed-end municipal bond funds managed by firms like Nuveen, Eaton Vance, and Invesco.

Market Dynamics

industry overview logo Industry Overview

The municipal bond market is influenced by interest rates, credit quality of issuers, and tax law changes. Demand is driven by investors seeking tax-advantaged income.

Positioning

BTA is positioned as a long-term, tax-exempt income vehicle. Its competitive advantage lies in BlackRock's extensive research capabilities and portfolio management expertise.

Total Addressable Market (TAM)

The TAM for municipal bonds is trillions of dollars. BTA's market share is relatively small, indicating significant potential for growth within the larger market.

Upturn SWOT Analysis

Strengths

  • Experienced Management Team (BlackRock)
  • Diversified Municipal Bond Portfolio
  • Tax-Exempt Income
  • Established Brand

Weaknesses

  • Interest Rate Sensitivity
  • Credit Risk of Municipal Issuers
  • Closed-End Fund Structure (Discount/Premium to NAV)
  • Management Fees

Opportunities

  • Increasing Demand for Tax-Exempt Income
  • Potential for Capital Appreciation in Undervalued Municipal Bonds
  • Expansion of Investment Mandate
  • Acquisition of Smaller Funds

Threats

  • Rising Interest Rates
  • Credit Downgrades of Municipal Issuers
  • Changes in Tax Laws
  • Increased Competition from Other Funds

Competitors and Market Share

Key competitor logo Key Competitors

  • Nuveen Quality Municipal Income Fund (NAD)
  • Eaton Vance Municipal Income Trust (EIM)
  • Invesco Municipal Trust (VKQ)

Competitive Landscape

BTA competes with other closed-end municipal bond funds based on yield, expense ratio, and investment strategy. BlackRock's size and brand recognition provide an advantage. Accurate market share figures for individual closed-end funds are not readily available.

Growth Trajectory and Initiatives

Historical Growth: Growth depends on NAV appreciation and the ability to maintain a stable distribution rate. Requires analysis of past performance data.

Future Projections: Analyst estimates may provide insights into future growth, but such estimates are subject to change based on market conditions.

Recent Initiatives: Monitor BlackRock's announcements for any changes to BTA's investment strategy or distribution policy.

Summary

BlackRock Long-Term Municipal Advantage Trust offers tax-exempt income through a diversified municipal bond portfolio. Its strength lies in BlackRock's management expertise, but it's vulnerable to interest rate risk. Monitoring credit quality of municipal issuers and maintaining a competitive expense ratio are crucial. The fund's performance is closely tied to broader trends in the municipal bond market.

Similar Stocks

Sources and Disclaimers

Data Sources:

  • BlackRock official website
  • SEC filings
  • Financial data providers (e.g., Bloomberg, Reuters)

Disclaimers:

This analysis is for informational purposes only and should not be considered financial advice. Investment decisions should be based on individual circumstances and consultation with a qualified financial advisor. Market share data for individual closed-end funds is not precise and based on estimated assets under management.

Information icon for Upturn AI Summarization accuracy disclaimer AI Summarization is directionally correct and might not be accurate.

Information icon for Upturn AI Summarization data freshness disclaimer Summarized information shown could be a few years old and not current.

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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.