Snapshot: BBN

BLACKROCK TAXABLE MUNICIPAL BOND TRUST

20.05up0.10 (0.50%)

 as of 4:02:00pm ET 09/04/2015

Please note: Closed end funds are subject to the risk of their underlying assets and investment strategy. Unlike open end funds, closed end funds trade on an exchange at a price which is often a discount to their net asset value (NAV). The market price may experience periods of increased volatility due to the use of leverage as well as market and fund illiquidity. Important information you should know about investing in closed-end funds.

Bid/Size 0.00/0
Ask/Size 20.29/0
Open 19.99
High 20.05
Low 19.90
Previous Close
AS OF 09/04/2015
20.05
Price Performance (Last 52 Wk) -8.07%
Volume 0
Volume (90-Day Average) 198,015
NAV (Daily) --
Bid/Ask Midpoint (Previous Day) --
Premium / Discount (1 Month Average)^
as of 08/31/2015
-9.26%
NAV
as of 09/03/2015
22.11
NAV Update Frequency DAY
Options No
Detailed Quote

Note: You can save only one view at the time. Saving this view will overwrite your previously saved view.

Please use the Advanced Chart if you want to have more than one view.

Cancel 
Save View
Your view has been saved
Failed
Your view hasn't been saved
TODAY 2D 5D 10D 1M 3M 6M YTD 1Y 3Y 5Y 10Y
DELAYED DATA AS OF
Text Note
Chart Settings
Show/Hide


Please note you can display only one indicator at a time in this view. Please use Advanced Chart if you want to display more than one.

Attention

Please note you can display only one indicator at a time in this view. Please use Advanced Chart if you want to display more than one.

Don't show again

Security Type

Closed End Fund

Total Leverage Ratio

36.83%

Asset Class

Taxable Bond

Morningstar Category

Long-Term Bond

Prospectus Objective

Municipal Bond - National

Net Assets
AS OF 08/31/2015

$1.3B

Total Expense Ratio (Reported)
AS OF 07/31/2014

1.13%

Sponsor

BlackRock

Inception Date

08/27/2010

Financial Year-End

July 31, 2014

Benchmark Index

Long-Term Bond

Legal Structure

Closed End Fund

Total Holdings
AS OF 04/30/2015

128

Investment Objective Summary

Under normal market conditions, the Trust will invest at least 80% of its Managed Assets in taxable municipal securities, which include Build America Bonds (BABs). The Trust may invest up to 20% of its Managed Assets in securities other than BABs, including taxable municipal securities that do not qualify for federal subsidy payments under the Act, tax-exempt municipal securities, U.S. Treasury securities and obligations of the U.S. Government, its agencies and instrumentalities. Under normal market conditions, the Trust will invest at least 80% of its Managed Assets in securities that at the time of investment are investment grade quality.

Learn More

News, Commentary & Events

Log in for more news

News

  • Show article details.

    Distribution Dates and Amounts Announced for Certain BlackRock Closed-End Funds

    Business Wire - 09/01/2015
    Certain BlackRock closed-end funds announced distributions today as detailed below. * In order to comply with the requirements of Section 19 of the Investment Company Act of 1940, as amended, each of the Funds noted above posted to the DTC bulletin board and sent to its shareholders of record as of the applicable record date a Section 19 notice with the previous distribution payment.
  • Show article details.

    Form N-PX BlackRock Taxable Munici For: Jun 30

    EDGAR SEC Filings - 08/26/2015
    http://archive.fast-edgar.com/20150826/AN22BQ2FZ22RSZZ222262ZXRUO7VOZ22D272 Filed on: August 26, 2015.

Commentary

Analyst Opinions

Analyst Ratings

LAST CHANGE
Firm Name As of Date Action Rating Report
Morningstar, Inc.* 04/30/2015 Downgrade 3 out of 53 out of 53 out of 53 out of 53 out of 5
Overall - 5 Large Growth funds rated
Details
--
More Analyst Opinions

Key Statistics

Bond Holdings Valuation AS OF 04/30/2015

Average Duration --
Average Maturity --
Average Coupon % --

Distributions as of 09/04/2015

Total Distribution Rate (Market Price) 7.93%
Total Distribution Rate (NAV) 7.15%

Leverage as of --

Total Leverage Ratio 36.83%
1940 Act Leverage Ratio 0.00%
Non-1940 Act Leverage Ratio 36.87%
See all Key Stats

Compare

BBN
BLACKROCK TAXABLE MUNICIPAL BOND TRUST
Asset Class Median
Market Capitalization
AS OF 04/30/2015
2.1B 467.2M
Volume (10-Day Avg)
AS OF 09/03/2015
158.3K 90.9M
YTD Market Price Total Return
AS OF 08/31/2015
-5.66% -2.66%
1 Month Market Price Total Return
AS OF 08/31/2015
-1.05% -2.55%
1 Year Market Price Total Return
AS OF 08/31/2015
-1.44% -4.95%
1 Year NAV Total Return
AS OF 08/31/2015
+0.49% -1.13%
3 Year Annualized Market Price Total Return
AS OF 08/31/2015
+2.84% -4.95%
Beta (Market Price 1 Yr)
AS OF 08/31/2015
2.22 0.20
Annual Turnover Ratio
AS OF 7/31/2014
6.00% 45.00%
Total Expense Ratio (Reported)
AS OF 07/31/2014
1.59% 1.15%
Total Expense Ratio (Adjusted)
AS OF 07/31/2014
0.88% 1.01%
Compare to Other CEFs

Performance

Premium / Discount to NAV^ as of 08/31/2015

Premium Chart
Date Average
08/2015 -9.26%
07/2015 -9.47%
06/2015 -10.17%
05/2015 -6.94%
04/2015 -5.17%
03/2015 -6.21%
02/2015 -5.82%
01/2015 -6.22%
12/2014 -7.71%
11/2014 -9.38%
10/2014 -8.28%
09/2014 -9.00%
Quarter-End Average Annual Total ReturnsAS OF 06/30/2015
NAV Return Market Return
1 Year +3.31% -1.49%
3 Year +5.41% +2.59%
5 Year -- --
10 Year -- --
Life +10.55% +7.50%
Life as of inception date: 08/27/2010       Gross Expense Ratio: 1.59

The performance data featured represents past performance, which is no guarantee of future results. Investment return and principal value of an investment will fluctuate; therefore, you may have a gain or loss when you sell your shares. Current performance may be higher or lower than the performance data quoted.

More about Performance & Risk

Portfolio Composition

Reported by Fund Sponsor

Top 10 HoldingsAs of 04/30/2015

New Jersey St Tpk Auth 7.102% 3.66%
Metropolitan Government Of Nashville- Davidson County Convention Center Aut 3.51%
New Jersey St Transn Tr Fd Aut Tr 6.104% 3.49%
City Of Chicago Illinois Wastewater Transmission, Rb, Build America Bonds, 3.39%
Los Angeles Department Of Water- Power, Rb, Build America Bonds: 6.17% 3.17%
Illinois St Go Bds 7.35% 3.13%
City Of San Antonio Texas, Refunding Rb, Build America Bonds, Junior Lien, 2.97%
County Of Franklin Ohio Convention Facilities Authority, Rb, Build America 2.95%
Regl Transn Dist 7.672% 2.74%
San Diego County Regional Airport Authority, Refunding Rb, Build America Bo 2.73%
Assets in Top 10 Holdings31.74%

Credit Quality  AS OF --

Type % Bonds
AAA --
AA --
A --
BBB --
BB --
B --
Below B --
Not Rated --

Maturity  AS OF 04/30/2015

% Bonds
10 to 15 Years 6.14
15 to 20 Years 6.91
1 to 3 Years 0.52
20 to 30 Years 71.92
3 to 5 Years 0.00
5 to 7 Years 1.13
7 to 10 Years 0.00
Over 30 Years 13.38
More about Portfolio Composition
*The Overall Morningstar RatingTM for a fund is derived from a weighted average of the performance figures associated with its three-, five-, and ten-year (if applicable) Morningstar Rating metrics. For each fund with at least a three-year history, Morningstar calculates a Morningstar Rating based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a funds monthly performance (including the effects of sales charges, loads and redemption fees, if applicable), placing more emphasis on downward variations and rewarding consistent performance. The top 10% of funds in each category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars and the bottom 10% receive 1 star. (Each share class is counted as a fraction of one fund within this scale and rated separately, which may cause slight variations in the distribution percentages.)

The performance data shown represents past performance, which is no guarantee of future results. Current performance may be higher or lower than the performance data quoted. Distributions are not guaranteed and the amount of distributions will vary depending on a number of factors. Market prices and investment return will vary, therefore you may have a gain or loss when you sell your shares. Click on the "Performance & Risk" link to view quarter-end performance. All performance data is for the common shares of the fund. Total distribution rate (at market or NAV) may include unknown combinations of income, capital gains and return of capital.

Cumulative total returns are reported as of the period indicated. Life of fund figures are reported as of the commencement date to the period indicated.

^Premium/Discount to NAV represents the percentage by which the funds market price exceeds or is less than net asset value (NAV). Shares of closed-end funds frequently trade at a market price that is a discount to their NAV.

Top holdings are as of the date indicated and may not be representative of the funds current or future investments.

News, commentary and events are from third-party sources unaffiliated with Fidelity. Fidelity does not endorse or adopt their content. Fidelity makes no guarantees that information supplied is accurate, complete, or timely, and does not provide any warranties regarding results obtained from their use.

Any data, charts and other information provided on this page are intended to help self-directed investors evaluate closed end funds. Criteria and inputs entered, including the choice to make closed end fund comparisons, are at the sole discretion of the user and are solely for the convenience of the user. Analyst opinions, ratings and reports are provided by third-parties unaffiliated with Fidelity. All information supplied or obtained from this page is for informational purposes only and should not be considered investment advice or guidance, an offer of or a solicitation of an offer to buy or sell a particular security, or a recommendation or endorsement by Fidelity of any security or investment strategy. Fidelity does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating closed end funds. Fidelity makes no guarantees that information supplied is accurate, complete, or timely, and does not provide any warranties regarding results obtained from their use. Determine which securities are right for you based on your investment objectives, risk tolerance, financial situation and other individual factors and re-evaluate them on a periodic basis.

© 2011 Morningstar, Inc. All rights reserved. The Morningstar information contained herein (1) is proprietary to Morningstar or its affiliates; (2) may not be copied or redistributed; and (3) is not warranted to be accurate, complete, or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.

Before investing in any fund, you should consider its investment objective, risks, charges and expenses. Contact Fidelity for the most recent shareholder report for this information. Read it carefully. Please also review information provided by the fund on its web site.