Penn Mutual Life Insurance’s BlackRock Taxable Municipal Bond Trust BBN Stock Holding History

Penn Mutual Life Insurance’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
2016 Q3	–	Sell	-109,000	Closed	-$2.65M	–	27
2016 Q2	$2.65M	Hold	109,000	–	–	1.91%	18
2016 Q1	$2.49M	Hold	109,000	–	–	2.11%	14
2015 Q4	$2.28M	Hold	109,000	–	–	2.34%	15
2015 Q3	$2.19M	Hold	109,000	–	–	1.96%	17
2015 Q2	$2.16M	Hold	109,000	–	–	1.79%	17
2015 Q1	$2.46M	Buy	+109,000	New	+$2.46M	2.04%	15

Other funds holding BBN

AWA

AmeriServ Wealth Advisors Johnstown, Pennsylvania $150M AUM 18.14% 1-Year Est. Return

Morgan Stanley New York $1.89T AUM 35.08% 1-Year Est. Return

UBS Group Zurich, Switzerland $786B AUM 40.34% 1-Year Est. Return

JHIU

Janus Henderson Investors US Denver, Colorado $122B AUM 18.26% 1-Year Est. Return

Wells Fargo San Francisco, California $617B AUM 30.33% 1-Year Est. Return

Bank of America Charlotte, North Carolina $1.55T AUM 33.47% 1-Year Est. Return

Invesco Atlanta, Georgia $1.26T AUM 61.52% 1-Year Est. Return

Royal Bank of Canada Toronto, Ontario, Canada $672B AUM 33.48% 1-Year Est. Return

Longer Investments Fayetteville, Arkansas $84.6M AUM 4.85% 1-Year Est. Return

LPL Financial San Diego, California $445B AUM 25.58% 1-Year Est. Return

Penn Mutual Life Insurance's BBN Position: Q3 2016 in Review

Penn Mutual Life Insurance sold out of BlackRock Taxable Municipal Bond Trust (BBN) in Q3 2016, closing a stake of 109,000 shares — an estimated $2.65M sold.

Penn Mutual Life Insurance first reported a position in BBN in Q1 2015 and held it in 6 quarters. The position peaked at $2.65M in Q2 2016. 84 funds tracked by Wall St. Rank hold BBN as of Q3 2016.

Penn Mutual Life Insurance reported no remaining BlackRock Taxable Municipal Bond Trust position as of Q3 2016 after selling out during the quarter.
Penn Mutual Life Insurance sold 109,000 BlackRock Taxable Municipal Bond Trust shares in Q3 2016, an estimated $2.65M.
Penn Mutual Life Insurance first reported a position in BlackRock Taxable Municipal Bond Trust in Q1 2015 and held it in 6 quarters.
Penn Mutual Life Insurance's BlackRock Taxable Municipal Bond Trust position peaked at $2.65M in Q2 2016.
84 funds tracked by Wall St. Rank held BlackRock Taxable Municipal Bond Trust as of Q3 2016.

Based on Penn Mutual Life Insurance's 13F filing for Q3 2016, filed 9 Nov 2016.