BlackRock Municipal Income Trust IIBLE
Market Cap: 515M
About: Blackrock Municipal Income Trust II is a perpetual closed-end municipal bond fund. Its objective is to provide current income exempt from regular Federal income taxes and Maryland personal income taxes. The company's diverse platform of active (alpha) and index (beta) investment strategies across asset classes enables it to tailor investment outcomes and asset allocation solutions for clients. Blackrock's product offerings include single and multi-asset class portfolios investing in equities, fixed income, alternatives and money market instruments.
Fund manager confidence
Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)
30% more repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 27
1% less capital invested
Capital invested by funds: $165M [Q4 2023] → $163M (-$1.44M) [Q1 2024]
1.45% less ownership
Funds ownership: 65.68% [Q4 2023] → 64.22% (-1.45%) [Q1 2024]
5% less funds holding
Funds holding: 103 [Q4 2023] → 98 (-5) [Q1 2024]
36% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 14
50% less funds holding in top 10
Funds holding in top 10: 2 [Q4 2023] → 1 (-1) [Q1 2024]
Research analyst outlook
We haven’t received any recent analyst ratings for BLE.