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BlackRock Long-Term Municipal Advantage Trust (BTA)

National Muni Bond Funds - Muni High Yield

Data as of Aug. 12, 2022
Current
Market Price $12.16 (- $0.14)
NAV (Aug. 12, 2022) $11.11 (- $0.08)
Fund Listed NYSE
Premium / Discount 9.45% (-0.47%)
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
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 13,438,462
Total Assets (Reported: April 30, 2022) $259M
Estimated Total Assets $253M
Net Assets $149M
Market Cap $163M
Portfolio Turnover 17.00%
Total Leverage 41.06%
Structural Leverage (out of total) 72.09%
Portfolio Leverage (out of total) 27.91%
Expense Ratio 1.72%
Non Lev Exp Ratio 1.14%
Rel Lev Cost 0.81%
Discount Data
Average Discount (3 Yr) -0.71%
Discount Low(3 Yr) -18.13%
Discount High(3 Yr) 13.20%
Discount Rel Range 88.04%
Comp Discount 11.41
Discount St Dev (1Yr) 4.75
Z-Stat
Z-Stat (6mo) 1.85
Z-Stat (1Yr) 1.57
Z-Stat (3Yr) 2.66
Comp Z-Stat (6mo) 0.30
Comp Z-Stat (3Yr) 2.22
Distribution Data
Market Yield 5.38%
Income Yield 5.38%
Lev Adj NAV Yield 4.17%
Distribution Frequency M
Current Distribution $0.055
Current Income $0.055
Ex-Date 8/12/22
Payable Date 9/1/22
Div Growth (3yr) 7.92%
Dividend Change 7.9% on 7/1/21
Expected Div 9/1/22
RoC (1yr) 0.00%
RoC (3yr) 0.00%
Volume & Liquidity
Average Daily $ (K) $551
Avg Volume 30 day 29,104
Avg Volume 90 day 45,321
Volume Trend -35.78%
Comp Volume Trend -13.81%
Correlation & Volatility
Price Correlation (1yr)
vs. S&P 500 (TR)
60.0%
Price Correlation (1yr)
vs. CEFA's 12 Major CEF Sectors Index
52.0%
Price Correlation (1yr)
vs. CEFA's High Yield Municipal Index
74.0%
Most Correlated Peer (Mk Pr): CMU 77.0%
NAV - Price Correlation (30 d) 89.5%
NAV - Price Correlation (90 d) 83.9%
NAV - Price Correlation (1 Yr) 91.4%
Price St Dev (1Yr) 20.7%
NAV St Dev (1Yr) 7.8%
Earnings
Earnings / Share (6/30/22) $0.052
Earn Coverage 94.50%
Earnings Trend Down
UNII / Share (6/30/22) $0.078
Rel UNII 11.96
UNII Trend Down
Bond Specific Data
Maturity 31.82
Duration 16.15
Credit Rating (rbo) A
Investment Grade 54.40%
Non Investment Grade 16.84%
Unrated Bonds 28.77%
Average Bond Price 134.51
Discount vs Price 43.96
Coupon 3.32%
Zero Coupon 6.52%
AMT 14.68%
AMT Yield 5.16%
Bond Calls Risk 6.18%
Performance
NAV Beta (2yr)
vs. S&P 500 (TR)
0.93
NAV Beta (2yr)
vs. CEFA's 12 Major CEF Sectors Index
0.60
NAV Beta (2yr)
vs. CEFA's High Yield Municipal Index
1.06

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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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