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Business Wire (Mon, 23-Feb 8:30 AM ET)
Distribution Dates and Amounts Announced for Certain BlackRock Municipal Closed-End Funds
Business Wire (Fri, 2-Jan 4:31 PM ET)
Distribution Dates and Amounts Announced for Certain BlackRock Closed-End Funds
Business Wire (Fri, 12-Dec 4:30 PM ET)
BlackRock Long-Term Municipal Advantage Trust’s (BTA) (the “Trust”) investment objective is to provide current income exempt from regular federal income tax. The Trust seeks to achieve its investment objective by investing, under normal market conditions, at least 80% of its assets in municipal obligations and derivative instruments with exposure to such municipal obligations, in each case that are exempt from federal income tax (except that the interest may be subject to the federal alternative minimum tax). The Trust invests, under normal market conditions, primarily in long-term municipal bonds with a maturity of more than ten years at the time of investment and, under normal market conditions, the Trust’s municipal bond portfolio will have a dollar-weighted average maturity of greater than 10 years. The Trust may invest directly in such securities or synthetically through the use of derivatives.
Blackrock Long-Term Muni Adv C trades on the NYSE stock market under the symbol BTA.
As of February 26, 2026, BTA stock price was flat at $9.72 with million shares trading.
BTA has a beta of 0.04, meaning it tends to be less sensitive to market movements. BTA has a correlation of 0.00 to the broad based SPY ETF.
BTA has a market cap of $130.64 million. This is considered a Micro Cap stock.
In the last 3 years, BTA traded as high as $11.10 and as low as $8.59.
BTA has underperformed the market in the last year with a return of +2.9%, while SPY returned +17.2%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in BTA shares. However, BTA has outperformed the market in the last 3 month and 2 week periods, returning +5.0% and +0.1%, while SPY returned +2.4% and -0.4%, respectively. This indicates BTA has been having a stronger performance recently.
BTA support price is $9.65 and resistance is $9.79 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that BTA shares will trade within this expected range on the day.