BlackRock Taxable Municipal Bond Trust (BBN)

• Market cap: $1.02B
• 1 day: 0.00%
• 5 days: -0.24%
• 1 month: 0.85%
• 3 months: 1.91%
• 6 months: -8.35%
• Year to date: 2.86%
• 1 year: 1.35%
• 5 years: -18.73%
• 10 years: -25.99%

About: BlackRock Taxable Municipal Bond Trust is a diversified, closed-end management investment company. Its investment objective is to seek high current income, with a secondary objective of capital appreciation.

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

102% more capital invested

Capital invested by funds: $359M [Q3] → $725M (+$366M) [Q4]

3.5% more ownership

Funds ownership: 32.6% [Q3] → 36.1% (+3.5%) [Q4]

5% more first-time investments, than exits

New positions opened: 22 | Existing positions closed: 21

0% more funds holding in top 10

Funds holding in top 10: 2 [Q3] → 2 (+0) [Q4]

2% less funds holding

Funds holding: 124 [Q3] → 121 (-3) [Q4]

11% less repeat investments, than reductions

Existing positions increased: 33 | Existing positions reduced: 37