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BlackRock Taxable Municipal Bond Trust (BBN)

National Muni Bond Funds - Taxable Municipal Bond Funds

Data as of May 17, 2024
Market Price $15.84 (- $0.02)
NAV (May 17, 2024) $17.46 (- $0.08)
Fund Listed NYSE
Premium / Discount -9.28% (+0.30%)
Fund Info
Inception Aug. 27, 2010
Sponsor BlackRock Advisors
Website www.blackrock.com/inve...
Phone 1-800-882-0052
Location Delaware
Incorporated Delaware
Staggered Board Yes
Term Date N/A
Objective: High current income; Taxable municipal securities for capital projects. The Trust invests at least 80% of its managed assets in taxable municipal securities, which include BABs
Related Indexes
15 Major CEF Sectors Index
60/40 Balanced (w/ BDCs) Index
Investment Grade Bond Index
Capital & Leverage
Outstanding Shares 61,792,514
Total Assets (Reported: Dec. 31, 2023) $1,625M
Estimated Total Assets $1,580M
Net Assets $1,079M
Market Cap $979M
Portfolio Turnover 8.00%
Total Leverage 31.70%
Structural Leverage (out of total) 0.00%
Portfolio Leverage (out of total) 100.00%
Expense Ratio 3.50%
Non Lev Exp Ratio 0.87%
Rel Lev Cost 5.70%
Discount Data
Average Discount (3 Yr) -2.92%
Discount Low(3 Yr) -10.60%
Discount High(3 Yr) 7.39%
Discount Rel Range (3 Yr) 7.36%
Comp Discount -4.36
Discount St Dev (1Yr) 1.21
Z-Stat (6mo) -1.14
Z-Stat (1Yr) -1.31
Z-Stat (3Yr) -1.56
Comp Z-Stat (6mo) -0.39
Comp Z-Stat (3Yr) -0.72
Distribution Data
Market Yield 7.04%
Income Yield 7.04%
Lev Adj NAV Yield 4.85%
Distribution Frequency M
Current Distribution $0.093
Current Income $0.093
Ex-Date 5/14/24
Payable Date 5/31/24
Div Growth (3yr) -20.60%
Dividend Change -9.7% on 6/1/23
Expected Div 6/3/24
RoC (1yr) 20.54%
RoC (3yr) 17.18%
Tax Dividend Data 2023 2021 - 2023
Income 76.0% 83.5%
ST Gains 0% 0%
QDI 0% 0%
LT Gains 0% 0%
RoC 24.0% 16.5%
Volume & Liquidity
Average Daily $ (K) $3,039
Avg Volume 30 day 167,082
Avg Volume 90 day 191,873
Volume Trend -12.92%
Comp Volume Trend -3.71%
Correlation & Volatility
Price Correlation (1yr)
vs. S&P 500 (TR)
Price Correlation (1yr)
vs. CEFA's 12 Major CEF Sectors Index
Price Correlation (1yr)
vs. CEFA's National Municipal Bond Index
Most Correlated Peer (Mk Pr): NBB 85.0%
NAV - Price Correlation (30 d) 94.5%
NAV - Price Correlation (90 d) 94.7%
NAV - Price Correlation (1 Yr) 93.6%
Price St Dev (1Yr) 14.6%
NAV St Dev (1Yr) 11.3%
Earnings / Share (3/28/24) $0.076
Earn Coverage 81.70%
Earnings Trend Up
UNII / Share (3/28/24) $-0.051
Rel UNII -4.57
UNII Trend Down
Bond Specific Data
Maturity 23.11
Duration 11.53
Credit Rating (rbo) A
Investment Grade 90.88%
Non Investment Grade 4.49%
Unrated Bonds 4.63%
Average Bond Price 100.32
Discount vs Price -8.96
Coupon 5.66%
Zero Coupon 0.96%
AMT 0.00%
AMT Yield 7.04%
Bond Calls Risk 2.05%
NAV Beta (2yr)
vs. S&P 500 (TR)
NAV Beta (2yr)
vs. CEFA's 12 Major CEF Sectors Index
NAV Beta (2yr)
vs. CEFA's National Municipal Bond Index


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