Blackrock Long-Term Municipal Advantage Trust
Name
As of 11/01/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
-0.4%
1 yr return
11.7%
3 Yr Avg Return
-7.5%
5 Yr Avg Return
-3.9%
Net Assets
$152 M
Holdings in Top 10
66.6%
52 WEEK LOW AND HIGH
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 11/01/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
XBTAX - Profile
Distributions
- YTD Total Return -0.4%
- 3 Yr Annualized Total Return -7.5%
- 5 Yr Annualized Total Return -3.9%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 5.32%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameBlackrock Long-Term Municipal Advantage Trust
-
Fund Family NameBlackRock
-
Inception DateMar 24, 2006
-
Shares Outstanding13432558
-
Share ClassOther
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerTheodore Jaeckel
Fund Description
XBTAX - Performance
Return Ranking - Trailing
Period | XBTAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -0.4% | -2.2% | 11.2% | 96.57% |
1 Yr | 11.7% | 1.9% | 21.3% | 74.51% |
3 Yr | -7.5%* | -8.6% | 2.8% | 97.49% |
5 Yr | -3.9%* | -5.1% | 3.7% | 93.88% |
10 Yr | 0.8%* | -0.5% | 155.4% | 93.80% |
* Annualized
Return Ranking - Calendar
Period | XBTAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 4.6% | -6.2% | 7.5% | 10.78% |
2022 | -24.7% | -26.9% | -3.5% | 97.51% |
2021 | 2.9% | -1.9% | 5.6% | 26.77% |
2020 | 1.6% | -4.0% | 4.2% | 19.80% |
2019 | 6.4% | -0.7% | 9.1% | 21.47% |
Total Return Ranking - Trailing
Period | XBTAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -0.4% | -2.2% | 11.2% | 96.57% |
1 Yr | 11.7% | 1.9% | 21.3% | 74.51% |
3 Yr | -7.5%* | -8.6% | 2.8% | 97.49% |
5 Yr | -3.9%* | -5.1% | 3.7% | 93.88% |
10 Yr | 0.8%* | -0.5% | 155.4% | 93.80% |
* Annualized
Total Return Ranking - Calendar
Period | XBTAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 4.6% | -4.1% | 10.9% | 80.39% |
2022 | -24.7% | -26.9% | 4.3% | 97.51% |
2021 | 2.9% | -1.9% | 10.0% | 87.37% |
2020 | 1.6% | -2.6% | 8.2% | 79.70% |
2019 | 9.0% | -0.7% | 1028633.9% | 42.93% |
NAV & Total Return History
XBTAX - Holdings
Concentration Analysis
XBTAX | Category Low | Category High | XBTAX % Rank | |
---|---|---|---|---|
Net Assets | 152 M | 9.79 K | 16.6 B | 85.15% |
Number of Holdings | 357 | 1 | 3325 | 63.68% |
Net Assets in Top 10 | -45.7 M | -102 M | 3.51 B | 99.50% |
Weighting of Top 10 | 66.61% | 4.6% | 98.8% | 5.00% |
Top 10 Holdings
- Blackrock Long-Term Mun Advantage Tr Pfd 0.75% 47.61%
- NEW YORK LIBERTY DEV CORP LIBERTY REV 5.25% 3.48%
- NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV 4% 3.33%
- ARKANSAS ST DEV FIN AUTH INDL DEV REV 4.75% 2.35%
- NEW YORK N Y CITY HSG DEV CORP MULTIFAMILY HSG REV 2.65% 2.31%
- BUCKEYE OHIO TOB SETTLEMENT FING AUTH 5% 2.28%
- HUDSON YDS INFRASTRUCTURE CORP N Y REV 5.75% 2.10%
- PUERTO RICO SALES TAX FING CORP SALES TAX REV 5% 2.06%
- TENDER OPT BD TR RCPTS / CTFS VAR STS 14.02% 1.97%
- 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% | 0.49% |
Cash | 0.92% | -0.64% | 100.00% | 38.81% |
Stocks | 0.00% | 0.00% | 99.62% | 52.94% |
Other | 0.00% | -5.59% | 5.07% | 45.77% |
Convertible Bonds | 0.00% | 0.00% | 0.00% | 30.85% |
Preferred Stocks | -47.61% | -47.61% | 0.00% | 100.00% |
Bond Sector Breakdown
Weighting | Return Low | Return High | XBTAX % Rank | |
---|---|---|---|---|
Municipal | 99.38% | 0.00% | 100.00% | 27.86% |
Cash & Equivalents | 0.62% | 0.00% | 100.00% | 28.36% |
Derivative | 0.00% | -7.53% | 2.16% | 38.81% |
Securitized | 0.00% | 0.00% | 22.44% | 35.32% |
Corporate | 0.00% | 0.00% | 2.83% | 68.16% |
Government | 0.00% | 0.00% | 0.09% | 33.83% |
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% | 2.49% |
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% | 15.76% |
Management Fee | 1.00% | 0.00% | 1.41% | 98.53% |
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% | 70.90% |
XBTAX - Distributions
Dividend Yield Analysis
XBTAX | Category Low | Category High | XBTAX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 5.94% | 93.63% |
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% | 1.47% |
Capital Gain Distribution Analysis
XBTAX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Jun 13, 2019 | $0.051 | OrdinaryDividend |
May 14, 2019 | $0.051 | OrdinaryDividend |
Apr 12, 2019 | $0.051 | OrdinaryDividend |
Mar 14, 2019 | $0.051 | OrdinaryDividend |
Feb 14, 2019 | $0.051 | OrdinaryDividend |
Jan 14, 2019 | $0.051 | OrdinaryDividend |
Dec 12, 2018 | $0.001 | ExtraDividend |
Dec 12, 2018 | $0.051 | OrdinaryDividend |
Nov 14, 2018 | $0.055 | OrdinaryDividend |
Oct 12, 2018 | $0.055 | OrdinaryDividend |
Sep 13, 2018 | $0.055 | OrdinaryDividend |
Aug 14, 2018 | $0.055 | OrdinaryDividend |
Jul 13, 2018 | $0.055 | OrdinaryDividend |
Jun 14, 2018 | $0.055 | OrdinaryDividend |
May 14, 2018 | $0.055 | OrdinaryDividend |
Apr 13, 2018 | $0.055 | OrdinaryDividend |
Mar 14, 2018 | $0.055 | OrdinaryDividend |
Feb 14, 2018 | $0.055 | OrdinaryDividend |
Jan 12, 2018 | $0.055 | OrdinaryDividend |
Dec 11, 2017 | $0.001 | ExtraDividend |
Dec 11, 2017 | $0.055 | OrdinaryDividend |
Nov 14, 2017 | $0.055 | OrdinaryDividend |
Oct 13, 2017 | $0.055 | OrdinaryDividend |
Sep 14, 2017 | $0.055 | OrdinaryDividend |
Aug 11, 2017 | $0.055 | OrdinaryDividend |
Jul 12, 2017 | $0.055 | OrdinaryDividend |
Jun 13, 2017 | $0.055 | OrdinaryDividend |
May 11, 2017 | $0.055 | OrdinaryDividend |
Apr 11, 2017 | $0.055 | OrdinaryDividend |
Mar 13, 2017 | $0.055 | OrdinaryDividend |
Feb 13, 2017 | $0.055 | OrdinaryDividend |
Jan 11, 2017 | $0.055 | OrdinaryDividend |
Dec 08, 2016 | $0.055 | OrdinaryDividend |
Nov 10, 2016 | $0.055 | OrdinaryDividend |
Oct 12, 2016 | $0.055 | OrdinaryDividend |
Sep 13, 2016 | $0.055 | OrdinaryDividend |
Aug 11, 2016 | $0.055 | OrdinaryDividend |
Jul 13, 2016 | $0.055 | OrdinaryDividend |
Jun 13, 2016 | $0.055 | OrdinaryDividend |
May 12, 2016 | $0.058 | OrdinaryDividend |
Apr 13, 2016 | $0.058 | OrdinaryDividend |
Mar 11, 2016 | $0.058 | OrdinaryDividend |
Feb 11, 2016 | $0.058 | OrdinaryDividend |
Jan 13, 2016 | $0.058 | OrdinaryDividend |
Dec 10, 2015 | $0.058 | OrdinaryDividend |
Nov 12, 2015 | $0.058 | OrdinaryDividend |
Oct 13, 2015 | $0.058 | OrdinaryDividend |
Sep 11, 2015 | $0.058 | OrdinaryDividend |
Aug 12, 2015 | $0.058 | OrdinaryDividend |
Jul 13, 2015 | $0.058 | OrdinaryDividend |
Jun 11, 2015 | $0.058 | OrdinaryDividend |
May 13, 2015 | $0.058 | OrdinaryDividend |
Apr 13, 2015 | $0.058 | OrdinaryDividend |
Mar 11, 2015 | $0.058 | OrdinaryDividend |
Feb 11, 2015 | $0.058 | OrdinaryDividend |
Jan 13, 2015 | $0.058 | OrdinaryDividend |
Dec 10, 2014 | $0.001 | ExtraDividend |
Dec 10, 2014 | $0.058 | OrdinaryDividend |
Nov 12, 2014 | $0.058 | OrdinaryDividend |
Oct 10, 2014 | $0.058 | OrdinaryDividend |
Sep 11, 2014 | $0.062 | OrdinaryDividend |
Aug 13, 2014 | $0.062 | OrdinaryDividend |
Jul 11, 2014 | $0.062 | OrdinaryDividend |
Jun 12, 2014 | $0.062 | OrdinaryDividend |
May 13, 2014 | $0.062 | OrdinaryDividend |
Apr 11, 2014 | $0.062 | OrdinaryDividend |
Mar 12, 2014 | $0.062 | OrdinaryDividend |
Feb 12, 2014 | $0.062 | OrdinaryDividend |
Jan 13, 2014 | $0.062 | OrdinaryDividend |
Dec 11, 2013 | $0.062 | OrdinaryDividend |
Nov 13, 2013 | $0.062 | OrdinaryDividend |
Oct 11, 2013 | $0.062 | OrdinaryDividend |
Sep 12, 2013 | $0.062 | OrdinaryDividend |
Aug 13, 2013 | $0.062 | OrdinaryDividend |
Jul 11, 2013 | $0.062 | OrdinaryDividend |
Jun 12, 2013 | $0.062 | OrdinaryDividend |
May 13, 2013 | $0.062 | OrdinaryDividend |
Apr 11, 2013 | $0.062 | OrdinaryDividend |
Mar 13, 2013 | $0.062 | OrdinaryDividend |
Feb 13, 2013 | $0.062 | OrdinaryDividend |
Jan 11, 2013 | $0.062 | OrdinaryDividend |
Dec 12, 2012 | $0.000 | ExtraDividend |
Dec 12, 2012 | $0.062 | OrdinaryDividend |
Nov 13, 2012 | $0.062 | OrdinaryDividend |
Oct 11, 2012 | $0.062 | OrdinaryDividend |
Sep 12, 2012 | $0.066 | OrdinaryDividend |
Aug 13, 2012 | $0.066 | OrdinaryDividend |
Jul 12, 2012 | $0.066 | OrdinaryDividend |
Jun 13, 2012 | $0.066 | OrdinaryDividend |
May 11, 2012 | $0.066 | OrdinaryDividend |
Apr 12, 2012 | $0.066 | OrdinaryDividend |
Mar 13, 2012 | $0.066 | OrdinaryDividend |
Feb 13, 2012 | $0.065 | OrdinaryDividend |
Jan 11, 2012 | $0.065 | OrdinaryDividend |
Dec 13, 2011 | $0.000 | ExtraDividend |
Dec 13, 2011 | $0.065 | OrdinaryDividend |
Nov 10, 2011 | $0.065 | OrdinaryDividend |
Oct 12, 2011 | $0.065 | OrdinaryDividend |
Sep 13, 2011 | $0.063 | OrdinaryDividend |
Aug 11, 2011 | $0.063 | OrdinaryDividend |
Jul 13, 2011 | $0.063 | OrdinaryDividend |
Jun 13, 2011 | $0.063 | OrdinaryDividend |
May 12, 2011 | $0.063 | OrdinaryDividend |
Apr 13, 2011 | $0.063 | OrdinaryDividend |
Mar 11, 2011 | $0.063 | OrdinaryDividend |
Feb 11, 2011 | $0.061 | OrdinaryDividend |
Jan 12, 2011 | $0.061 | OrdinaryDividend |
Dec 13, 2010 | $0.002 | ExtraDividend |
Dec 13, 2010 | $0.061 | OrdinaryDividend |
Nov 10, 2010 | $0.061 | OrdinaryDividend |
Oct 13, 2010 | $0.061 | OrdinaryDividend |
Sep 13, 2010 | $0.061 | OrdinaryDividend |
Aug 12, 2010 | $0.060 | OrdinaryDividend |
Jul 13, 2010 | $0.060 | OrdinaryDividend |
Jun 11, 2010 | $0.060 | OrdinaryDividend |
May 12, 2010 | $0.060 | OrdinaryDividend |
Apr 13, 2010 | $0.060 | OrdinaryDividend |
Mar 11, 2010 | $0.060 | OrdinaryDividend |
Feb 10, 2010 | $0.060 | OrdinaryDividend |
Jan 13, 2010 | $0.060 | OrdinaryDividend |
Dec 11, 2009 | $0.060 | OrdinaryDividend |
Nov 10, 2009 | $0.058 | OrdinaryDividend |
Oct 13, 2009 | $0.058 | OrdinaryDividend |
Sep 11, 2009 | $0.058 | OrdinaryDividend |
Aug 12, 2009 | $0.055 | OrdinaryDividend |
Jul 13, 2009 | $0.055 | OrdinaryDividend |
Jun 11, 2009 | $0.055 | OrdinaryDividend |
May 13, 2009 | $0.055 | OrdinaryDividend |
Apr 13, 2009 | $0.055 | OrdinaryDividend |
Mar 12, 2009 | $0.055 | OrdinaryDividend |
Feb 11, 2009 | $0.055 | OrdinaryDividend |
Jan 13, 2009 | $0.055 | OrdinaryDividend |
Dec 11, 2008 | $0.055 | OrdinaryDividend |
Nov 12, 2008 | $0.055 | OrdinaryDividend |
Oct 10, 2008 | $0.055 | OrdinaryDividend |
Sep 11, 2008 | $0.055 | OrdinaryDividend |
Aug 13, 2008 | $0.055 | OrdinaryDividend |
Jul 11, 2008 | $0.055 | OrdinaryDividend |
Jun 12, 2008 | $0.055 | OrdinaryDividend |
May 13, 2008 | $0.055 | OrdinaryDividend |
Apr 11, 2008 | $0.055 | OrdinaryDividend |
Mar 12, 2008 | $0.055 | OrdinaryDividend |
Feb 13, 2008 | $0.055 | OrdinaryDividend |
Jan 17, 2008 | $0.055 | OrdinaryDividend |
Dec 12, 2007 | $0.055 | OrdinaryDividend |
Nov 13, 2007 | $0.055 | OrdinaryDividend |
Oct 11, 2007 | $0.055 | OrdinaryDividend |
Sep 12, 2007 | $0.055 | OrdinaryDividend |
Aug 13, 2007 | $0.055 | OrdinaryDividend |
Jul 12, 2007 | $0.055 | OrdinaryDividend |
Jun 13, 2007 | $0.055 | OrdinaryDividend |
May 11, 2007 | $0.055 | OrdinaryDividend |
Apr 12, 2007 | $0.055 | OrdinaryDividend |
Mar 13, 2007 | $0.055 | OrdinaryDividend |
Feb 13, 2007 | $0.069 | OrdinaryDividend |
Jan 11, 2007 | $0.069 | OrdinaryDividend |
Dec 13, 2006 | $0.069 | OrdinaryDividend |
Nov 13, 2006 | $0.069 | OrdinaryDividend |
Oct 12, 2006 | $0.069 | OrdinaryDividend |
Sep 13, 2006 | $0.069 | OrdinaryDividend |
Aug 11, 2006 | $0.069 | OrdinaryDividend |
Jul 12, 2006 | $0.069 | OrdinaryDividend |
Jun 13, 2006 | $0.069 | OrdinaryDividend |
May 11, 2006 | $0.069 | OrdinaryDividend |
Apr 24, 2006 | $0.069 | OrdinaryDividend |
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 | 7.55 | 2.52 |