BBN: Optimistic Outlook Fades For Taxable Muni Fund That Has Been Outperforming Equities [Seeking Alpha]
BlackRock Taxable Municipal Bond Trust Common Shares of Beneficial Interest (BBN)
US:NYSE Investor Relations:
blackrock.com/investing/products/240174/blackrock-build-america-bond-trust-fund
Company Research
Source: Seeking Alpha
BBN: Optimistic Outlook Fades For Taxable Muni Fund That Has Been Outperforming Equities Feb. 24, 2020 12:21 PM ET | About: BlackRock Build America Bond Trust (BBN) by: Dividend Seeker ETF investing, dividend investing, long-term horizon, value Summary BBN has seen a sharp two month return, actually exceeding the gain posted by the S&P 500, which is unusual for a risk-on market. The fund holds a large share non-callable bonds, which is helping support its underlying value despite a large amount of refinancing activity. While an upcoming presidential election could cloud the market outlook for munis, I believe these bonds will continues to see strong demand, especially from non-US residents. Main Thesis The purpose of this article is to evaluate the Taxable Municipal Bond Trust ( Despite not having the tax-advantages of their tax-exempt counterparts, funds like BBN have been seeing strong gains in the short-term as investors have been on the hunt for yield wherever they can find it. Wi
Show less
Read more
Impact Snapshot
Event Time:
BBN
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
BBN alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
BBN alerts
High impacting BlackRock Taxable Municipal Bond Trust Common Shares of Beneficial Interest news events
Weekly update
A roundup of the hottest topics
BBN
Sec Filings
- 11/6/24 - Form SC
- 10/30/24 - Form 4
- 9/5/24 - Form N-CSRS
- BBN's page on the SEC website