BlackRock Taxable Municipal Bond Trust (BBN)
| Market Value | 1.00B |
| Revenue (ttm) | n/a |
| Net Income (ttm) | n/a |
| Shares Out | 61.79M |
| EPS (ttm) | n/a |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | $1.12 (6.89%) |
| Ex-Dividend Date | Nov 15, 2024 |
| Volume | 231,905 |
| Open | 16.16 |
| Previous Close | 16.21 |
| Day's Range | 16.05 - 16.25 |
| 52-Week Range | 15.39 - 18.42 |
| Beta | 0.68 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | n/a |
About BBN
BlackRock Taxable Municipal Bond Trust is a closed-ended fixed income mutual fund launched by BlackRock, Inc. It is managed by BlackRock Advisors, LLC. The fund invests in the fixed income markets of the United States. It primarily invests in taxable municipal securities, which include Build America Bonds. The fund also invests in tax-exempt securities, U.S. treasury securities, obligations of the U.S. government, its agencies and instrumentalities, and corporate bonds. It was formerly known as BlackRock Build America Bond Trust. BlackRock Taxa... [Read more]
News
BBN: I Believe This Fund Is In The 'Buy' Zone (Rating Upgrade)
The BlackRock Taxable Municipal Bond Trust (BBN) aims for high current income and capital appreciation through taxable municipal bonds. I previously favored tax-exempt munis over BBN, but my outlook o...
Distribution Dates and Amounts Announced for Certain BlackRock Closed-End Funds
NEW YORK--(BUSINESS WIRE)---- $BBN--Certain BlackRock closed-end funds (the “Funds”) announced distributions today as detailed below. Municipal Funds: Declaration- 11/1/2024 Ex-Date- 11/15/2024 Record...
Certain BlackRock Closed-End Funds Announce Estimated Sources of Distributions
NEW YORK--(BUSINESS WIRE)---- $BBN--Today, BlackRock Resources & Commodities Strategy Trust (NYSE: BCX), BlackRock Enhanced Equity Dividend Trust (NYSE: BDJ), BlackRock Energy and Resources Trust (NYS...
CEF Report | May 2024 | Activism Is Heating Up
Taxable bond CEF space value shrinking as discounts tighten. Opportunities exist, especially following activists. Focus on top-down assessment, cheap sectors, and specific funds like Cohen & Steers Se...
BBN: Inflation Is Persistent, Don't Get Carried Away With Leveraged Plays
BlackRock Taxable Municipal Bond Trust has not performed as well as expected, with returns not keeping up with cash. The high amount of leverage in BBN and lack of progress in inflation make a cautiou...
The 8% Income Portfolio: 2023 Year-End Review
2023 year-end review of our 8% Income Portfolio. This high-income portfolio earned over $29,000 in distributions amounting to over 14% yield-on-cost basis and roughly 8.6% on average portfolio value. ...
The Month In Closed-End Funds: December 2023
For the second consecutive month, both equity (+3.42% on a NAV basis) and fixed income (+3.14%) CEFs on average posted plus-side returns. At month end, 9% of all CEFs traded at a premium to their NAV,...
CEF Weekly Commentary | December 10, 2023 | High Quality Opportunities
Stocks were up slightly as the jobs report shifted the narrative towards 'higher for longer.' The payroll report came in stronger than expected, but the narrative was that it was a hawkish report, mea...
BBN: Benefiting From A Market That Appears Too Optimistic About Rates
The BlackRock Taxable Municipal Bond Trust is a closed-end fund that invests in taxable municipal debt, offering income-seeking investors a different option to corporates. The BBN CEF's yield of 7.18%...
BBN: Investors Continue To Get Punished By Leverage
BlackRock Taxable Municipal Bond Trust has registered losses and the leverage headwind has not evened out. Higher short-term rates on highly leveraged funds remain a stubborn headwind, making a "buy" ...
BBN: The Security Of Municipals And A 7.05% Yield
The high rate of inflation in the U.S. is causing the cost of living to rise significantly, putting financial strain on American consumers. Investors can consider purchasing shares of closed-end funds...
BBN: Taxable Munis Continue To Present An Opportunity
BlackRock Taxable Municipal Bond Trust is trading at a sharp discount to NAV, along with one of its sister funds. Taxable munis appear safe, as state coffers have seen their "rainy day" funds grow ove...
The Near-Perfect Portfolio: Sleep Well During Turbulent Times
The stock market is inherently volatile. With the economy going through the boom and bust cycles more frequently, the extreme ups and downs of the market are inevitable. For most conservative investor...
The Month In Closed-End Funds: January 2023
For the third month in four, equity CEFs (+5.60% on a NAV basis) on average witnessed positive performance. While their fixed income CEF cohorts (+4.08%) posted gains for the second month in three.
CEF Weekly Review: Key CEF Lessons Of 2022
We review closed-end fund market valuation and performance through the second week of January and highlight recent market action. CEFs continue to power ahead, stringing together two strong weeks in a...
The 8% Income Portfolio: 2022 Year-End Review
Presenting our 2022 year-end review of our 8% Income Portfolio. This high-income portfolio earned over $29,000 in distributions (including year-end special distributions) amounting to over 14% yield-o...
BBN Vs. NBB: Comparing Taxable CEFs From Different Managers
The BlackRock Taxable Municipal Bond Trust benchmarks against the Bloomberg Taxable Municipal Bond USD index. The Nuveen Taxable Municipal Income Fund benchmarks against the same benchmark. I wasn't a...
CEF Weekly Review: Gauging Portfolio Yields Remains Tricky At Best
We review CEF market valuation and performance through the third week of November and highlight recent market action. The CEF market was fairly flat this week after a volatile few months with Muni sec...
CEF Report July 2022: Not Safe To Tread In Taxables Just Yet
CEF NAVs took a big hit in June and continue to show downward trends as they have for most of this year. That trend is driven by wider spreads. Discounts have tightened a bit in recent weeks and are b...
BBN: I Still See Value Here
BBN has had a poor return in 2022, but its recent momentum and current discount to NAV continue to suggest buying is warranted. Taxable municipal debt continues to have strong credit quality, and supp...
BBN: Getting Too Cheap To Ignore
Municipal debt continues to be well supported by few defaults and a strong credit backdrop for IG debt.
The Near-Perfect Portfolio For The Bull Markets And The Bear Markets
No portfolio or strategy can be perfect. But can there be a strategy that can work well in a bull market, a bear market, or a stagnant market, generate a decent income, and conserve capital, all at th...