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BlackRock Long-Term Municipal Advantage Trust (BTA)

National Muni Bond Funds - Muni High Yield

Data as of Dec. 9, 2024
Current
Market Price $10.44 (- $0.02)
NAV (Dec. 9, 2024) $10.87 ( $0.00)
Fund Listed NYSE
Premium / Discount -3.96% (-0.18%)
Fund Info
Inception Feb. 23, 2006
Sponsor BlackRock Advisors
Website www.blackrock.com/inve...
Phone 1-800-882-0052
NAV Symbol XBTAX
Location Delaware
Incorporated Delaware
Staggered Board Yes
Term Date N/A
Objective: Current income exempt from regular federal income tax; long-term, municipal bonds maturing after 10 years
Related Indexes
High Yield Municipal Index
Capital & Leverage
Outstanding Shares 13,439,892
Total Assets (Reported: July 31, 2024) $231M
Estimated Total Assets $231M
Net Assets $146M
Market Cap $140M
Portfolio Turnover 22.00%
Total Leverage 36.85%
Structural Leverage (out of total) 91.67%
Portfolio Leverage (out of total) 8.33%
Expense Ratio 3.81%
Non Lev Exp Ratio 1.18%
Rel Lev Cost 4.44%
Discount Data
Average Discount (3 Yr) -2.60%
Discount Low(3 Yr) -9.16%
Discount High(3 Yr) 13.20%
Discount Rel Range (3 Yr) 23.28%
Comp Discount 2.45
Discount St Dev (1Yr) 1.52
Z-Stat
Z-Stat (6mo) -0.68
Z-Stat (1Yr) -0.58
Z-Stat (3Yr) -0.33
Comp Z-Stat (6mo) -0.69
Comp Z-Stat (3Yr) -0.87
Distribution Data
Market Yield 5.69%
Income Yield 5.69%
Lev Adj NAV Yield 3.99%
Distribution Frequency M
Current Distribution $0.050
Current Income $0.050
Ex-Date 12/16/24
Payable Date 12/31/24
Div Growth (3yr) -9.17%
Dividend Change 13.8% on 9/12/24
Expected Div 1/2/25
RoC (1yr) 23.06%
RoC (3yr) 11.70%
Volume & Liquidity
Average Daily $ (K) $304
Avg Volume 30 day 26,262
Avg Volume 90 day 29,131
Volume Trend -9.85%
Comp Volume Trend -8.01%
Correlation & Volatility
Price Correlation (1yr)
vs. S&P 500 (TR)
26.0%
Price Correlation (1yr)
vs. CEFA's 12 Major CEF Sectors Index
49.0%
Price Correlation (1yr)
vs. CEFA's High Yield Municipal Index
73.0%
Most Correlated Peer (Mk Pr): NDMO 66.0%
NAV - Price Correlation (30 d) 39.5%
NAV - Price Correlation (90 d) 79.5%
NAV - Price Correlation (1 Yr) 77.6%
Price St Dev (1Yr) 10.4%
NAV St Dev (1Yr) 6.3%
Earnings
Earnings / Share (10/31/24) $0.035
Earn Coverage 70.71%
Earnings Trend Flat
UNII / Share (10/31/24) $-0.074
Rel UNII -12.46
UNII Trend Down
Bond Specific Data
Maturity 27.46
Duration 12.50
Credit Rating (rbo) A
Investment Grade 55.11%
Non Investment Grade 12.29%
Unrated Bonds 32.60%
Average Bond Price 128.85
Discount vs Price 24.89
Coupon 3.49%
Zero Coupon 7.23%
AMT 18.08%
AMT Yield 5.40%
Bond Calls Risk 12.14%
Performance
NAV Beta (2yr)
vs. S&P 500 (TR)
1.01
NAV Beta (2yr)
vs. CEFA's 12 Major CEF Sectors Index
0.70
NAV Beta (2yr)
vs. CEFA's High Yield Municipal Index
1.05

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NOTES: Distribution type sourced from CEFdata.com. For specific information about a fund's distribution sources, visit the fund sponsor's website.

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