(BTA) BlackRock Long-Term - Ratings and Ratios

BlackRock Long-Term Municipal Advantage Trust (NYSE:BTA) is a closed-end fixed income mutual fund managed by BlackRock Advisors, LLC. The fund focuses on long-term municipal bonds with maturities exceeding ten years at the time of investment, leveraging financial derivatives to enhance exposure to municipal obligations. Established on February 28, 2006, BTA is domiciled in the United States and operates within the asset management sector. The funds strategy emphasizes income generation through investments in U.S. municipal debt markets, targeting bonds issued by state and local governments to finance infrastructure and public projects.

Based on the provided data, BTAs technical indicators suggest a stable trading range. The SMA 20 (9.93) and SMA 50 (9.83) are slightly below the last price (9.96), while the SMA 200 (10.04) indicates a potential resistance level. The ATR of 0.11 reflects low volatility. Fundamentally, BTAs market cap of $136.01M and P/B ratio of 0.94 suggest moderate valuation, though the negative RoE (-2.34) raises concerns about profitability. Over the next three months, BTA is likely to trade sideways, with support near 9.80 and resistance at 10.10, driven by municipal bond market stability and the funds fixed-income focus.