BlackRock Taxable Municipal Bond Trust (BBN)

• Market cap: $981M
• 1 day: 0.25%
• 5 days: -5.31%
• 1 month: -2.04%
• 3 months: -11.63%
• 6 months: -1.79%
• Year to date: -2.46%
• 1 year: -3.41%
• 5 years: -34.41%
• 10 years: -27.29%

About: BlackRock Taxable Municipal Bond Trust is a diversified, closed-end management investment company. Its investment objective is to seek high current income, with a secondary objective of capital appreciation.

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

6% more repeat investments, than reductions

Existing positions increased: 38 | Existing positions reduced: 36

5% more first-time investments, than exits

New positions opened: 22 | Existing positions closed: 21

1% more funds holding

Funds holding: 122 [Q2] → 123 (+1) [Q3]

0% more funds holding in top 10

Funds holding in top 10: 2 [Q2] → 2 (+0) [Q3]

8.23% less ownership

Funds ownership: 40.81% [Q2] → 32.57% (-8.23%) [Q3]

13% less capital invested

Capital invested by funds: $412M [Q2] → $358M (-$54.1M) [Q3]