BlackRock Taxable Municipal Bond Trust:BBN

    Manage Alerts

    Overview

    As of 12/10/2024

     Share
    Price    		NAVPremium/
    Discount
    Current$17.14$17.83-3.87%
    52 Wk Avg$16.61$17.76-6.46%
    52 Wk High$18.42$18.63-0.98%
    52 Wk Low$15.39$16.95-10.02%
    Regular Distribution Type†Managed Distribution
    Distribution Rate6.50%
    Distribution Amount$0.0929
    Distribution FrequencyMonthly
    Past performance is no guarantee of future results.

    Basic Information

    Investment Objective

    The Trust’s primary investment objective is to seek high current income, with a secondary objective of capital appreciation.The Trust seeks to achieve its investment objectives by investing primarily in a portfolio of taxable municipal securities, including Build America Bonds (“BABs”), issued by state and local governments to finance capital projects such as public schools, roads, transportation infrastructure, bridges, ports and public buildings.

    Capital Structure

    As of 12/10/2024

    Total Investment Exposure:$1,641.525M
    Total Common Assets:$1,101.761M
    Common Shares Outstanding:61,792,514
    Leverage

    As of 12/10/2024

    Preferred Share Assets:
    Total Debt (USD): $539.765M
    Regulatory Leverage (USD):
    Effective Leverage (USD): $539.765M
    Effective Leverage (%): 32.88%
    Annual Expense Ratios

    As of 12/31/2023

      Per Common Share
    Management Fees0.82%
    Other Expenses:0.05%
    Baseline Expense: N/A
    Interest Expense:2.63%
    Total: 3.50%
    Fund Management

    Fund Sponsor
    BlackRock

    Portfolio Managers
    Phillip Soccio, Christian G. Romaglino, Kevin Maloney, Kristi Manidis, Peter J. Hayes, Walter O'Connor, Michael Kalinoski

    Basics
    Category: Fixed Income - Taxable-Taxable Muni
    Ticker: BBN
    NAV Ticker: XBBNX
    Average Daily Volume (shares): 240,943
    Average Daily Volume (USD): $4.017M
    Inception Date: 8/27/2010
    Inception Share Price: $20.00
    Inception NAV: $19.06
    Tender Offer: No
    Term: No
    Fiscal Year End: December 31
    Third Party Links & Reports

    Distributions

    As of 12/10/2024

    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.

    to
    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 6/30/2024    		 $0.4483
    Annualized Distribution Rate on NAV:
    As of 12/10/2024    		6.25%
    Total Return on NAV (12 months):
    As of 12/10/2024    		11.84%
    Avg. Portfolio Coupon:
    As of 12/10/2024    		 6.06%
    Total % Portfolio Effectively Leveraged:
    As of 12/10/2024     		32.88%

    Pricing Information

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

    As of 12/11/2024

    PeriodAvg Discount
    6 Month-4.99%
    1 Year-6.46%
    3 Year-4.20%
    5 Year-1.93%
    Z-Score

    As of 12/10/2024

    PeriodZStat
    3 Month0.22
    6 Month0.55
    1 Year1.13
    Pricing History
     from  
    Date NAV Premium / Discount

    Performance

    Calendar Year Total Returns

    As of 11/30/2024
    Category: Morningstar US CEF Taxable Muni

    Past 20 Years

    Return YearPriceNAVCategory - PriceCategory - NAV
    YTD11.46%4.87%9.66%5.78%
    20233.51%11.54%6.78%11.68%
    2022-30.95%-26.67%-26.70%-24.82%
    20212.76%5.74%1.07%4.97%
    202017.07%10.11%15.74%10.56%
    201922.79%14.59%20.35%10.50%
    2018-2.87%0.34%-3.39%-1.46%
    201715.01%13.23%11.55%8.87%
    201610.34%7.88%7.26%5.48%
    20152.13%-0.16%3.02%0.77%
    201424.77%25.28%17.45%17.53%
    2013-9.46%-5.64%-7.25%-4.25%
    201214.83%13.45%12.76%12.46%
    201132.81%32.00%  
    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 11/30/2024
    Category: Morningstar US CEF Taxable Muni

    Past performance is no guarantee of future results.

    Portfolio Characteristics

    Portfolio Characteristics
    Average Coupon:
    As of 12/10/2024    		6.06%
    Number of Holdings:
    As of 6/30/2024    		192
    Annual Portfolio Turnover:
    As of 12/31/2023    		8.00%
    Average Bond Price:
    As of 6/30/2024    		$100.04
    Asset Allocation

    As of 6/30/2024

    Top Sectors

    As of 6/30/2024

    Sector%Portfolio
    Municipal (Super Sector)140.36%
    Municipal139.07%
    Corporate (Super Sector)9.08%
    Corporate Bond8.97%
    US Municipal Tax Advantaged1.29%
    Bank Loan0.11%
    Cash Equivalents-49.44%
    Cash Equivalents (Super Sector)-49.44%
    Call Exposure

    As of 10/31/2024

    State Allocation

    As of 6/30/2024

    State% Portfolio
    California21.32%
    Illinois13.63%
    New Jersey10.82%
    New York6.99%
    Ohio6.46%
    Georgia5.71%
    Florida4.92%
    Massachusetts4.90%
    Tennessee4.70%
    Texas4.25%
    Top Holdings

    As of 6/30/2024

    HoldingValue% Portfolio
    METROPOLITAN GOVT NASHVILLE & DAVIDSON CNTY TENN CONVENTION CTR AUTH TOURIS$42.78M3.98%
    CHICAGO ILL WASTEWATER TRANSMISSION REV 6.9%$40.86M3.80%
    NEW JERSEY ST TPK AUTH TPK REV 7.102%$39.95M3.71%
    FRANKLIN CNTY OHIO CONVENTION FACS AUTH 6.64%$34.10M3.17%
    ILLINOIS ST 7.35%$31.05M2.89%
    MUNICIPAL ELEC AUTH GA 6.637%$28.05M2.61%
    REGIONAL TRANSN DIST COLO CTFS PARTN 7.672%$27.53M2.56%
    UTAH TRAN AUTH SALES TAX REV 5.705%$27.08M2.52%
    GOLDEN ST TOB SECURITIZATION CORP CALIF TOB SETTLEMENT REV 4.214%$26.69M2.48%
    AMERICAN MUN PWR OHIO INC REV 7.834%$25.53M2.37%
    Credit Quality

    As of 6/30/2024

    Maturity Breakdown

    As of 6/30/2024

    Country Allocation

    As of 6/30/2024

    Country% Portfolio
    United States - Fixed Income147.86%
    Others - Fixed Income1.47%
    Invalid Country - Fixed Income0.00%

    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. In general, managed distributions may be sourced from net investment income, realized gains and return of capital. CEFConnect.com does not undertake to disclose specific information about closed-end fund distribution sources. 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.

    E-2949862P-E0623W

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