BlackRock Long-Term Municipal Advantage Trust (BTA)

• Market cap: $133M
• 1 day: -2.66%
• 5 days: -7.75%
• 1 month: -3.89%
• 3 months: -7.32%
• 6 months: -2.85%
• Year to date: -3.70%
• 1 year: -1.79%
• 5 years: -24.29%
• 10 years: -12.33%

About: Blackrock Long-term Municipal AdtgTrust is a diversified investment fund with an investment objective to provide current income exempt from regular U.S. federal income tax. The Fund invests more of its total assets in municipal bonds, municipal securities, and derivative instruments.

Fund manager confidence

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

100% more repeat investments, than reductions

Existing positions increased: 12 | Existing positions reduced: 6

18% more funds holding

Funds holding: 34 [Q2] → 40 (+6) [Q3]

7% more capital invested

Capital invested by funds: $23.8M [Q2] → $25.5M (+$1.7M) [Q3]

0.24% more ownership

Funds ownership: 17.44% [Q2] → 17.68% (+0.24%) [Q3]