Global Endowment Management’s BlackRock Taxable Municipal Bond Trust BBN Stock Holding History

Global Endowment Management’s Portfolio BBN Stock Details BBN Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2014 Q3	–	Sell	-72,900	Closed	-$1.58M	–	250
2014 Q2	$1.58M	Hold	72,900	–	–	0.24%	123
2014 Q1	$1.48M	Hold	72,900	–	–	0.23%	137
2013 Q4	$1.4M	Buy	72,900 +39,300	+117%	+$738K	0.28%	131
2013 Q3	$632K	Hold	33,600	–	–	0.16%	124
2013 Q2	$679K	Buy	+33,600	New	+$736K	0.19%	117

Other funds holding BBN

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

Bank of America Charlotte, North Carolina $1.37T AUM 24.88% 1-Year Est. Return

UBS Zurich, Switzerland $136B AUM 16.36% 1-Year Est. Return

Invesco Atlanta, Georgia $1.02T AUM 30.18% 1-Year Est. Return

Wells Fargo San Francisco, California $530B AUM 22.01% 1-Year Est. Return

Oxbow Advisors Austin, Texas $1.18B AUM 28.15% 1-Year Est. Return

SIA

Sit Investment Associates Minneapolis, Minnesota $4.93B AUM 12.22% 1-Year Est. Return

LPL Financial San Diego, California $377B AUM 19.32% 1-Year Est. Return

Goldman Sachs New York $871B AUM 31.28% 1-Year Est. Return

OHA

Oak Hill Advisors New York $878M AUM 106.46% 1-Year Est. Return

Global Endowment Management's BBN Position: Q3 2014 in Review

Global Endowment Management sold out of BlackRock Taxable Municipal Bond Trust (BBN) in Q3 2014, closing a stake of 72,900 shares — an estimated $1.58M sold.

Global Endowment Management first reported a position in BBN in Q2 2013 and held it in 5 quarters. The position peaked at $1.58M in Q2 2014. 74 funds tracked by Wall St. Rank hold BBN as of Q3 2014.

Global Endowment Management reported no remaining BlackRock Taxable Municipal Bond Trust position as of Q3 2014 after selling out during the quarter.
Global Endowment Management sold 72,900 BlackRock Taxable Municipal Bond Trust shares in Q3 2014, an estimated $1.58M.
Global Endowment Management first reported a position in BlackRock Taxable Municipal Bond Trust in Q2 2013 and held it in 5 quarters.
Global Endowment Management's BlackRock Taxable Municipal Bond Trust position peaked at $1.58M in Q2 2014.
74 funds tracked by Wall St. Rank held BlackRock Taxable Municipal Bond Trust as of Q3 2014.

Based on Global Endowment Management's 13F filing for Q3 2014, filed 13 Nov 2014.