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Name

As of 11/29/2024

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 Municipal Income Trust II

XBLEX | Fund

$12.26

$623 M

0.00%

1.60%

Vitals

YTD Return

-0.9%

1 yr return

2.3%

3 Yr Avg Return

-6.5%

5 Yr Avg Return

-3.9%

Net Assets

$623 M

Holdings in Top 10

60.6%

52 WEEK LOW AND HIGH

$12.2
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.60%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 15.00%

Redemption Fee N/A

Min Investment

Standard (Taxable)

N/A

IRA

N/A

Fund Classification

Fund Type

Closed-end mutual fund

Name

As of 11/29/2024

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 Municipal Income Trust II

XBLEX | Fund

$12.26

$623 M

0.00%

1.60%

XBLEX - Profile

Distributions

  • YTD Total Return -0.9%
  • 3 Yr Annualized Total Return -6.5%
  • 5 Yr Annualized Total Return -3.9%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 4.54%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Blackrock Municipal Income Trust II
  • Fund Family Name
    BlackRock
  • Inception Date
    May 22, 2003
  • Shares Outstanding
    48856664
  • Share Class
    Other
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Walter O'Connor

Fund Description

XBLEX - Performance

Return Ranking - Trailing

Period XBLEX Return Category Return Low Category Return High Rank in Category (%)
YTD -0.9% -4.9% 34.7% 97.31%
1 Yr 2.3% -1.6% 40.8% 96.44%
3 Yr -6.5%* -10.3% 5.2% 97.40%
5 Yr -3.9%* -6.5% 1104.6% 98.11%
10 Yr 0.1%* -0.9% 248.9% 97.62%

* Annualized

Return Ranking - Calendar

Period XBLEX Return Category Return Low Category Return High Rank in Category (%)
2023 6.3% -1.4% 41.0% 0.81%
2022 -22.3% -39.7% 0.3% 98.36%
2021 -1.2% -5.6% 6.9% 82.75%
2020 1.7% -2.6% 310.0% 51.54%
2019 4.0% 0.0% 26.0% 39.52%

Total Return Ranking - Trailing

Period XBLEX Return Category Return Low Category Return High Rank in Category (%)
YTD -0.9% -4.9% 34.7% 97.31%
1 Yr 2.3% -1.6% 40.8% 96.44%
3 Yr -6.5%* -10.3% 5.2% 97.40%
5 Yr -3.9%* -6.5% 1104.6% 98.11%
10 Yr 0.1%* -0.9% 248.9% 97.62%

* Annualized

Total Return Ranking - Calendar

Period XBLEX Return Category Return Low Category Return High Rank in Category (%)
2023 6.3% -1.3% 41.0% 34.34%
2022 -22.3% -39.7% 1.1% 98.57%
2021 -1.2% -4.8% 23761504.0% 98.35%
2020 1.7% -1.5% 17057.9% 92.23%
2019 6.6% 0.2% 3514.6% 49.60%

NAV & Total Return History

XBLEX - Holdings

Concentration Analysis

XBLEX Category Low Category High XBLEX % Rank
Net Assets 623 M 3.22 M 71.9 B 42.27%
Number of Holdings 624 4 13418 19.61%
Net Assets in Top 10 -205 M -317 M 3.09 B 99.80%
Weighting of Top 10 60.62% 1.8% 100.3% 1.61%

Top 10 Holdings

  1. Blackrock Mun Income Tr Ii Var Rate 0% 45.86%
  2. HARRIS CNTY-HOUSTON SPORTS AUTH TEX REV 0% 2.73%
  3. PUERTO RICO SALES TAX FING CORP SALES TAX REV 5% 2.50%
  4. TOBACCO SETTLEMENT FING CORP N J 5% 2.14%
  5. SALT VERDE FINL CORP SR GAS REV ARIZ 5% 2.12%
  6. TENNERGY CORP TENN GAS REV 4% 1.86%
  7. DISTRICT COLUMBIA TOB SETTLEMENT FING CORP 6.75% 1.84%
  8. CHICAGO ILL O HARE INTL ARPT REV 6.5% 1.83%
  9. NEW JERSEY ST TRANSN TR FD AUTH 5% 1.78%
  10. TARRANT CNTY TEX CULTURAL ED FACS FIN CORP REV 5% 1.67%

Asset Allocation

Weighting Return Low Return High XBLEX % Rank
Bonds 		145.61% 0.00% 150.86% 0.20%
Stocks 		0.00% 0.00% 99.78% 96.11%
Preferred Stocks 		0.00% 0.00% 0.07% 95.77%
Other 		0.00% -3.69% 53.54% 89.79%
Convertible Bonds 		0.00% 0.00% 0.93% 95.75%
Cash 		-45.60% -50.86% 44.62% 99.87%

Bond Sector Breakdown

Weighting Return Low Return High XBLEX % Rank
Municipal 		99.82% 44.39% 100.00% 20.36%
Cash & Equivalents 		0.18% 0.00% 44.41% 48.89%
Derivative 		0.00% -3.69% 53.54% 89.72%
Securitized 		0.00% 0.00% 5.93% 95.82%
Corporate 		0.00% 0.00% 9.41% 96.83%
Government 		0.00% 0.00% 52.02% 96.16%

Bond Geographic Breakdown

Weighting Return Low Return High XBLEX % Rank
US 		139.44% 0.00% 142.23% 0.13%
Non US 		6.17% 0.00% 23.89% 0.60%

XBLEX - Expenses

Operational Fees

XBLEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.60% 0.01% 8.02% 10.42%
Management Fee 0.55% 0.00% 1.20% 95.84%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.44% N/A

Sales Fees

XBLEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.50% 4.75% N/A
Deferred Load N/A 0.25% 5.00% N/A

Trading Fees

XBLEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 1.00% 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.

XBLEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 15.00% 0.00% 283.00% 42.68%

XBLEX - Distributions

Dividend Yield Analysis

XBLEX Category Low Category High XBLEX % Rank
Dividend Yield 0.00% 0.00% 14.51% 99.60%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

XBLEX Category Low Category High XBLEX % Rank
Net Income Ratio 4.54% -0.53% 5.33% 1.09%

Capital Gain Distribution Analysis

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

Distributions History

View More +

XBLEX - Fund Manager Analysis

Managers

Walter O'Connor

Start Date

Tenure

Tenure Rank

Oct 31, 2006

15.59

15.6%

Walter O’Connor, CFA, is a Managing Director and Co-Head of the Municipal Funds team within BlackRock’s Global Fixed Income Group. He is also a member of the Municipal Bond Operating Committee, which oversees all municipal bond portfolio management, research and trading activities. Mr. O’Connor’s service with the firm dates back to 1991, including his years with Merrill Lynch Investment Managers (MLIM), which merged with BlackRock in 2006. At MLIM, he was a portfolio manager for municipal bond retail mutual funds. Prior to joining MLIM, Mr. O’Connor was with Prudential Securities, where he was involved in trading, underwriting, and arbitrage for municipal securities and financial futures. Mr. O’Connor earned a B.A. degree in finance and philosophy from the University of Notre Dame in 1984.

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

Mar 21, 2022

0.19

0.2%

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
0.08 35.05 7.36 1.58

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