BlackRock Taxable Muni Bond:BBN


    As of 3/16/2018

    52 Wk Avg$22.92$23.40-2.08%
    52 Wk High$23.95$24.160.44%
    52 Wk Low$21.55$22.47-6.68%
    Regular Distribution TypeIncome Only
    Distribution Rate7.03%
    Distribution Amount$0.1318
    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 3/16/2018

    Total Net Assets:$2,048.768M
    Total Common Assets:$1,319.733M
    Common Shares Outstanding:57,114,082

    As of 7/31/2017

    Preferred Share Assets:
    Type of Preferred:
    Total Debt (USD):
    Structural Leverage (USD):
    Structural Leverage (%): 0.00%
    Effective Leverage (USD): $729.000M
    Effective Leverage (%): 35.25%
    Annual Expense Ratios

    As of 7/31/2017

      Per Common Share
    Management Fees0.86%
    Other Expenses:0.05%
    Baseline Expense: 0.91%
    Interest Expense:0.60%
    Total: 1.51%

    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)

    Category: Taxable Income-Municipal
    Ticker: BBN
    NAV Ticker: XBBNX
    Average Daily Volume (shares): 128,000
    Average Daily Volume (USD): $2.912M
    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


    As of 3/16/2018

    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 12/31/2017
    Annualized Distribution Rate on NAV:
    As of 3/16/2018
    Total Return on NAV (12 months):
    As of 3/16/2018
    Avg. UNII Per Share:
    As of 12/31/2017
    Avg. Portfolio Coupon:
    As of 3/16/2018
    Total % Portfolio Effectively Leveraged:
    As of 3/16/2018

    Pricing Information

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

    As of 3/16/2018

    PeriodAvg Discount
    6 Month-3.23%
    1 Year-2.08%
    3 Year-3.98%
    5 Year-5.54%

    As of 3/16/2018

    3 Month1.10
    6 Month0.10
    1 Year-0.50
    Pricing History
    Date NAV Premium / Discount


    Calendar Year Total Returns

    As of 3/16/2018
    Category: Taxable Municipal Leveraged Non-Insured

    Past 20 Years

    Return YearPriceNAVCategory - PriceCategory - NAV
    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 3/16/2018
    Category: Taxable Municipal Leveraged Non-Insured

    Past performance is no guarantee of future results.

    Portfolio Characteristics

    Portfolio Characteristics
    Average Coupon:
    As of 3/16/2018
    Average Maturity:
    As of 6/30/2017
    32.24 yrs
    Number of Holdings:
    As of 10/31/2017
    Annual Portfolio Turnover:
    As of 7/31/2017
    Asset Allocation

    As of 1/31/2017 reported by Fund Sponsor

    Top Sectors

    As of 6/30/2017 reported by Fund Sponsor

    Utility 28.46%
    Local Tax-Backed 19.34%
    Transportation 15.78%
    State Tax-Backed 15.41%
    Education 8.04%
    Tobacco 4.25%
    School Districts 3.98%
    Housing 0.92%
    Cash and/or Derivatives 0.86%
    Health 0.85%
    Call Exposure

    As of 6/30/2017 reported by Fund Sponsor

    Top Holdings

    As of 10/31/2017 reported by Fund Sponsor

    HoldingValue% Portfolio
    New Jersey State Turnpike Authority, Rb, 7.10 01 Jan 2041$50.15M2.41%
    Metropolitan Government of Nashville& Da 7.43 01 Jul 2043$48.21M2.32%
    Chicago Ill Wastewater Transmi Seco 6.9% 6.90 01 Jan 2040$45.85M2.21%
    Illinois St Go Bds 7.35% 7.35 01 Jul 2035$41.91M2.02%
    Los Angeles Calif Dept Wtr & P Pw 6.166% 6.17 01 Jul 2040$41.23M1.98%
    Tobacco Settlement Fin Auth 7.467% 7.47 01 Jun 2047$39.07M1.88%
    Franklin Cnty Ohio Convention Leas 6.64% 6.64 01 Dec 2042$38.69M1.86%
    City of San Antonio Texas Public Service 6.31 01 Feb 2037$38.17M1.84%
    San Diego Cnty Calif Regl Arpt Re 6.628% 6.63 01 Jul 2040$35.43M1.70%
    Municipal Elec Auth 6.637% 6.64 01 Apr 2057$34.29M1.65%
    Univ Hawaii Rev Rev Bds 6.034% 6.03 01 Oct 2040$33.76M1.62%
    Credit Quality

    As of 6/30/2017 reported by Fund Sponsor

    Maturity Breakdown

    As of 6/30/2017 reported by Fund Sponsor

    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.


    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.

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