BlackRock Taxable Muni Bond:BBN

    Manage Alerts

    Overview

    As of 9/20/2019

     Share
    Price
    NAVPremium/
    Discount
    Current$24.47$24.89-1.69%
    52 Wk Avg$22.36$23.29-4.03%
    52 Wk High$25.49$25.67-0.16%
    52 Wk Low$19.63$21.97-10.93%
    Regular Distribution TypeIncome Only
    Distribution Rate5.48%
    Distribution Amount$0.1118
    Distribution FrequencyMonthly
    Past performance is no guarantee of future results.

    Basic Information

    Investment Objective

    The Fund seeks high current income with capital appreciation through investments in a portfolio of taxable municipal securities known as Build America Bonds

    Capital Structure

    As of 9/20/2019

    Total Net Assets:$2,181.685M
    Total Common Assets:$1,418.143M
    Common Shares Outstanding:57,114,082
    Leverage

    As of 1/31/2019

    Preferred Share Assets:
    Type of Preferred:
    Total Debt (USD):
    Structural Leverage (USD):
    Structural Leverage (%): 0.00%
    Effective Leverage (USD): $764.000M
    Effective Leverage (%): 37.12%
    Annual Expense Ratios

    As of 7/31/2019

      Per Common Share
    Management Fees0.86%
    Other Expenses:0.05%
    Baseline Expense: 0.90%
    Interest Expense:1.13%
    Total: 2.03%
    Fund Management

    Fund Sponsor
    Blackrock Advisors

    Portfolio Managers
    Peter J. Hayes (31 Aug 2010) / Theodore R Jaeckel (31 Aug 2010) / Michael Kalinoski (31 Aug 2010) / Christian G. Romaglino (10 Jul 2017)

    Basics
    Category: Taxable Income-Municipal
    Ticker: BBN
    NAV Ticker: XBBNX
    Average Daily Volume (shares): 167,000
    Average Daily Volume (USD): $3.679M
    Inception Date: 8/27/2010
    Inception Share Price: $20.00
    Inception NAV: $19.06
    Tender Offer: No
    Term: No
    Fiscal Year End: July 31
    Third Party Links & Reports

    Distributions

    As of 9/20/2019

    Past performance is no guarantee of future results.
    Distribution History

    Enter declared start and end dates to display distribution history below. Income, Long Gain, Short Gain and ROC breakdowns will only be shown for the past year.

    Declared Date Payable Date Ex Date Distrib Amount Income Long Gain Short Gain ROC

    *Indicates a Special Distribution: A distribution disbursed in addition to the normal distributions paid out by the company.

    Key Information Regarding Distributions
    Avg. Earnings Per Share:
    As of 7/31/2019
    $0.1140
    Annualized Distribution Rate on NAV:
    As of 9/20/2019
    5.39%
    Total Return on NAV (12 months):
    As of 9/20/2019
    17.00%
    Avg. UNII Per Share:
    As of 7/31/2019
    -$0.0100
    Avg. Portfolio Coupon:
    As of 9/20/2019
    9.54%
    Total % Portfolio Effectively Leveraged:
    As of 9/20/2019
    37.12%

    Pricing Information

    Premium/Discount Information
    Past performance is no guarantee of future results.
    Premium/Discount Information

    As of 9/20/2019

    PeriodAvg Discount
    6 Month-2.00%
    1 Year-4.03%
    3 Year-3.53%
    5 Year-4.50%
    Z-Score

    As of 9/20/2019

    PeriodZStat
    3 Month0.30
    6 Month0.40
    1 Year0.80
    Pricing History
    Date NAV Premium / Discount

    Performance

    Calendar Year Total Returns

    As of 9/20/2019
    Category: Taxable Municipal Leveraged Non-Insured

    Past 20 Years

    Return YearPriceNAVCategory - PriceCategory - NAV
    YTD21.17%15.35%19.26%12.92%
    2018-2.87%0.34%-2.64%-0.09%
    201715.01%13.23%14.37%11.99%
    201610.34%7.88%9.51%7.62%
    20152.13%-0.16%2.01%-0.89%
    201424.77%25.28%23.48%23.22%
    2013-9.46%-5.64%-8.24%-4.57%
    201214.83%13.90%13.13%13.38%
    201132.81%31.48%26.01%25.41%
    Past performance is no guarantee of future results.
    Annualized Total Returns

    Returns for periods less than one year are cumulative rather than annualized

    As of 9/20/2019
    Category: Taxable Municipal Leveraged Non-Insured

    Past performance is no guarantee of future results.

    Portfolio Characteristics

    Portfolio Characteristics
    AMT:
    As of 12/31/2018
    1.05%
    Average Coupon:
    As of 9/20/2019
    9.54%
    Number of Holdings:
    As of 4/30/2019
    143
    Annual Portfolio Turnover:
    As of 7/31/2019
    8.00%
    Asset Allocation

    As of 1/31/2018 reported by Fund Sponsor

    Top Sectors

    As of 6/30/2018 reported by Fund Sponsor

    Sector%Portfolio
    Utility 28.27%
    Local Tax-Backed 17.94%
    State Tax-Backed 15.14%
    Transportation 14.77%
    Education 8.52%
    Tobacco 4.84%
    School Districts 4.14%
    Health 2.90%
    Other Industries 1.19%
    Prerefund/Escrow 1.07%
    Top Holdings

    As of 10/31/2018 reported by Fund Sponsor

    HoldingValue% Portfolio
    New Jersey St Transn Tr Fd Aut Tr 6.104% 6.10 15 Dec 2028$47.83M2.36%
    New Jersey St Tpk Auth 7.102%$45.96M2.27%
    Metropolitan Govt Nashville & Tou 7.431% 7.43 01 Jul 2043$45.67M2.25%
    Chicago Ill Wastewater Transmi Seco 6.9%$45.06M2.22%
    Franklin Cnty Ohio Convention Leas 6.64% 6.64 01 Dec 2042$39.46M1.95%
    Los Angeles Calif Dept Wtr & P Pw 6.166% 6.17 01 Jul 2040$39.04M1.93%
    Illinois St Go Bds 7.35% 7.35 01 Jul 2035$39.03M1.93%
    Tobacco Settlement Fin Auth 7.467% 7.47 01 Jun 2047$38.80M1.91%
    San Antonio Tex Elec & Gas Rev Re 6.308% 6.31 01 Feb 2037$36.37M1.79%
    Tobacco Settlement Financing Corp., Refu 6.71 01 Jun 2046$34.00M1.68%
    San Diego Cnty Calif Regl Arpt Re 6.628% 6.63 01 Jul 2040$33.77M1.67%
    Country Allocation

    As of 1/31/2017 reported by Fund Sponsor

    Country% Portfolio
    USA 100.00%

    Closed-end fund historical distribution sources have included net investment income, realized gains, and return of capital. For more detailed information on the distributions of a specific fund, please visit the sponsor's website.

    NOTES:

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

    The following information applies to closed-end funds in general: Fund shares are not guaranteed or endorsed by any bank or other insured depository institution, and are not federally insured by the Federal Deposit Insurance Corporation. Shares of closed-end funds are subject to investment risks, including the possible loss of principal invested. There can be no assurance that fund objectives will be achieved. Closed-end funds frequently trade at a discount to their net asset value. NAV returns are net of fund expenses, and assume reinvestment of distributions.

    EWB-854124PR-E