BalckRock Taxable Municipal Bond Trust Stock News

NEW YORK--(BUSINESS WIRE)---- $BBN--Certain BlackRock closed-end funds (the “Funds”) announced distributions today as detailed below. Municipal Funds: Declaration- 5/1/2024 Ex-Date- 5/14/2024 Reco

NEW YORK--(BUSINESS WIRE)---- $BBN--Certain BlackRock closed-end funds (the “Funds”) announced distributions today as detailed below. Municipal Funds: Declaration- 4/1/2024   Ex-Date- 4/12/2024

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

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

NEW YORK--(BUSINESS WIRE)--Certain BlackRock closed-end funds (the “Funds”) announced distributions today as detailed below. Municipal Funds: Declaration- 3/1/2024   Ex-Date- 3/14/2024   Recor

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.

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,

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

NEW YORK--(BUSINESS WIRE)--Certain BlackRock closed-end funds (the “Funds”) announced distributions today as detailed below. BlackRock Floating Rate Income Trust (NYSE: BGT), BlackRock Floating Ra

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%

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"

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

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 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

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.