(BLE) BlackRock MIT II - Overview
Exchange: NYSE •
Country: United States •
Currency: USD •
Type: Common Stock •
ISIN: US09249N1019
Stock: Municipal Bonds, Tax-Exempt, Fixed Income, Investment Grade
Total Rating 32
Risk 82
Buy Signal 0.05
Dividends
| Dividend Yield | 6.82% |
| Yield on Cost 5y | 5.83% |
| Yield CAGR 5y | -3.49% |
| Payout Consistency | 93.6% |
| Payout Ratio | 264.2% |
| Risk 5d forecast | |
|---|---|
| Volatility | 7.41% |
| Relative Tail Risk | -0.88% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.06 |
| Alpha | -2.02 |
| Character TTM | |
|---|---|
| Beta | 0.201 |
| Beta Downside | 0.227 |
| Drawdowns 3y | |
|---|---|
| Max DD | 17.31% |
| CAGR/Max DD | 0.27 |
Description: BLE BlackRock MIT II December 27, 2025
BlackRock Municipal Income Trust II (NYSE: BLE) is a closed-ended, tax-exempt fixed-income fund launched on July 30 2002 and managed by BlackRock Advisors, LLC. The fund primarily holds investment-grade municipal bonds-both long- and short-term-as well as money-market securities, aiming to generate federally tax-free income for shareholders.
Key metrics as of Q3 2024 show BLE managing roughly $1.2 billion in net assets with an expense ratio near 0.78 % and a distribution yield of about 5.2 % (annualized). Its average portfolio duration sits around 5 years, making it moderately sensitive to changes in short-term interest rates, while the broader municipal bond market is driven by state-level fiscal health, supply of new tax-exempt issuance, and the prevailing federal-tax environment.
If you want a data-rich assessment of BLE’s price-discount dynamics and distribution sustainability, ValueRay’s platform offers a convenient deep-dive tool for further analysis.
Piotroski VR‑10 (Strict, 0-10) 2.5
| Net Income: -17.6m TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.02 > 0.02 and ΔFCF/TA -28.42 > 1.0 |
| NWC/Revenue: -301.6% < 20% (prev 38.22%; Δ -339.8% < -1%) |
| CFO/TA -0.02 > 3% & CFO -18.4m > Net Income -17.6m |
| Net Debt (343.2m) to EBITDA (23.4m): 14.66 < 3 |
| Current Ratio: 0.14 > 1.5 & < 3 |
| Outstanding Shares: last quarter (47.7m) vs 12m ago 0.0% < -2% |
| Gross Margin: 84.34% > 18% (prev 0.79%; Δ 8355 % > 0.5%) |
| Asset Turnover: 6.32% > 50% (prev 5.41%; Δ 0.91% > 0%) |
| Interest Coverage Ratio: 0.66 > 6 (EBITDA TTM 23.4m / Interest Expense TTM 52.5m) |
Altman Z'' 0.05
| A: -0.19 (Total Current Assets 26.1m - Total Current Liabilities 190.1m) / Total Assets 881.5m |
| B: -0.14 (Retained Earnings -126.8m / Total Assets 881.5m) |
| C: 0.04 (EBIT TTM 34.9m / Avg Total Assets 860.6m) |
| D: 1.39 (Book Value of Equity 513.2m / Total Liabilities 368.2m) |
| Altman-Z'' Score: 0.05 = B |
What is the price of BLE shares?
As of February 08, 2026, the stock is trading at USD 10.54 with a total of 133,992 shares traded.
Over the past week, the price has changed by +0.13%, over one month by +2.19%, over three months by +2.18% and over the past year by +4.20%.
Over the past week, the price has changed by +0.13%, over one month by +2.19%, over three months by +2.18% and over the past year by +4.20%.
Is BLE a buy, sell or hold?
BlackRock MIT II has no consensus analysts rating.
What are the forecasts/targets for the BLE price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 11.2 | 6.3% |
BLE Fundamental Data Overview February 02, 2026
P/S = 12.7977
P/B = 0.9783
Revenue TTM = 54.4m USD
EBIT TTM = 34.9m USD
EBITDA TTM = 23.4m USD
Long Term Debt = 174.1m USD (estimated: total debt 351.8m - short term 177.7m)
Short Term Debt = 177.7m USD (from shortTermDebt, last quarter)
Debt = 351.8m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 343.2m USD (from netDebt column, last quarter)
Enterprise Value = 848.2m USD (505.0m + Debt 351.8m - CCE 8.56m)
Interest Coverage Ratio = 0.66 (Ebit TTM 34.9m / Interest Expense TTM 52.5m)
EV/FCF = -46.15x (Enterprise Value 848.2m / FCF TTM -18.4m)
FCF Yield = -2.17% (FCF TTM -18.4m / Enterprise Value 848.2m)
FCF Margin = -33.79% (FCF TTM -18.4m / Revenue TTM 54.4m)
Net Margin = -32.33% (Net Income TTM -17.6m / Revenue TTM 54.4m)
Gross Margin = 84.34% ((Revenue TTM 54.4m - Cost of Revenue TTM 8.52m) / Revenue TTM)
Gross Margin QoQ = 70.64% (prev 87.93%)
Tobins Q-Ratio = 0.96 (Enterprise Value 848.2m / Total Assets 881.5m)
Interest Expense / Debt = 4.15% (Interest Expense 14.6m / Debt 351.8m)
Taxrate = 21.0% (US default 21%)
NOPAT = 27.5m (EBIT 34.9m * (1 - 21.00%))
Current Ratio = 0.14 (Total Current Assets 26.1m / Total Current Liabilities 190.1m)
Debt / Equity = 0.69 (Debt 351.8m / totalStockholderEquity, last quarter 513.2m)
Debt / EBITDA = 14.66 (Net Debt 343.2m / EBITDA 23.4m)
Debt / FCF = -18.68 (negative FCF - burning cash) (Net Debt 343.2m / FCF TTM -18.4m)
Total Stockholder Equity = 559.1m (last 4 quarters mean from totalStockholderEquity)
RoA = -2.04% (Net Income -17.6m / Total Assets 881.5m)
RoE = -3.14% (Net Income TTM -17.6m / Total Stockholder Equity 559.1m)
RoCE = 4.76% (EBIT 34.9m / Capital Employed (Equity 559.1m + L.T.Debt 174.1m))
RoIC = 4.02% (NOPAT 27.5m / Invested Capital 685.0m)
WACC = 5.27% (E(505.0m)/V(856.7m) * Re(6.65%) + D(351.8m)/V(856.7m) * Rd(4.15%) * (1-Tc(0.21)))
Discount Rate = 6.65% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Shares Correlation 3-Years: 0.0 | Cagr: 0.0%
Fair Price DCF = unknown (Cash Flow -18.4m)
EPS Correlation: -55.89 | EPS CAGR: -31.48% | SUE: -1.16 | # QB: 0
Revenue Correlation: 25.73 | Revenue CAGR: -23.44% | SUE: N/A | # QB: 0
P/B = 0.9783
Revenue TTM = 54.4m USD
EBIT TTM = 34.9m USD
EBITDA TTM = 23.4m USD
Long Term Debt = 174.1m USD (estimated: total debt 351.8m - short term 177.7m)
Short Term Debt = 177.7m USD (from shortTermDebt, last quarter)
Debt = 351.8m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 343.2m USD (from netDebt column, last quarter)
Enterprise Value = 848.2m USD (505.0m + Debt 351.8m - CCE 8.56m)
Interest Coverage Ratio = 0.66 (Ebit TTM 34.9m / Interest Expense TTM 52.5m)
EV/FCF = -46.15x (Enterprise Value 848.2m / FCF TTM -18.4m)
FCF Yield = -2.17% (FCF TTM -18.4m / Enterprise Value 848.2m)
FCF Margin = -33.79% (FCF TTM -18.4m / Revenue TTM 54.4m)
Net Margin = -32.33% (Net Income TTM -17.6m / Revenue TTM 54.4m)
Gross Margin = 84.34% ((Revenue TTM 54.4m - Cost of Revenue TTM 8.52m) / Revenue TTM)
Gross Margin QoQ = 70.64% (prev 87.93%)
Tobins Q-Ratio = 0.96 (Enterprise Value 848.2m / Total Assets 881.5m)
Interest Expense / Debt = 4.15% (Interest Expense 14.6m / Debt 351.8m)
Taxrate = 21.0% (US default 21%)
NOPAT = 27.5m (EBIT 34.9m * (1 - 21.00%))
Current Ratio = 0.14 (Total Current Assets 26.1m / Total Current Liabilities 190.1m)
Debt / Equity = 0.69 (Debt 351.8m / totalStockholderEquity, last quarter 513.2m)
Debt / EBITDA = 14.66 (Net Debt 343.2m / EBITDA 23.4m)
Debt / FCF = -18.68 (negative FCF - burning cash) (Net Debt 343.2m / FCF TTM -18.4m)
Total Stockholder Equity = 559.1m (last 4 quarters mean from totalStockholderEquity)
RoA = -2.04% (Net Income -17.6m / Total Assets 881.5m)
RoE = -3.14% (Net Income TTM -17.6m / Total Stockholder Equity 559.1m)
RoCE = 4.76% (EBIT 34.9m / Capital Employed (Equity 559.1m + L.T.Debt 174.1m))
RoIC = 4.02% (NOPAT 27.5m / Invested Capital 685.0m)
WACC = 5.27% (E(505.0m)/V(856.7m) * Re(6.65%) + D(351.8m)/V(856.7m) * Rd(4.15%) * (1-Tc(0.21)))
Discount Rate = 6.65% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Shares Correlation 3-Years: 0.0 | Cagr: 0.0%
Fair Price DCF = unknown (Cash Flow -18.4m)
EPS Correlation: -55.89 | EPS CAGR: -31.48% | SUE: -1.16 | # QB: 0
Revenue Correlation: 25.73 | Revenue CAGR: -23.44% | SUE: N/A | # QB: 0