BLE
Price:
$10.403
Market Cap:
$496.50M
BlackRock Municipal Income Trust II is a closed ended fixed income mutual fund launched by BlackRock, Inc. It is managed by BlackRock Advisors, LLC. The fund invests in fixed income markets. It primarily invests long-term and short-term investments, and money market funds. The fund primarily in investment grade municipal bonds that are exempt from regular federal income tax. BlackRock Municipal Income Trust II was formed on July 30, 2002 and is domiciled in United States.
Industry
Asset Management - Income
IPO Date
2002-07-30
Stock Exchange
NYSE
Ticker
BLE
According to BlackRock Municipal Income Trust II’s latest financial reports and current stock price. The company's current ROE is 2.01%. This represents a change of 71.95% compared to the average of 1.17% of the last 4 quarters.
The mean historical ROE of BlackRock Municipal Income Trust II over the last ten years is 1.99%. The current 2.01% ROE has changed 0.82% with respect to the historical average. Over the past ten years (40 quarters), BLE's ROE was at its highest in in the February 2014 quarter at 11.54%. The ROE was at its lowest in in the August 2013 quarter at -18.13%.
Average
1.99%
Median
3.53%
Minimum
-16.84%
Maximum
11.16%
Discovering the peaks and valleys of BlackRock Municipal Income Trust II ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 703.31%
Maximum Annual ROE = 11.16%
Minimum Annual Increase = -1052.49%
Minimum Annual ROE = -16.84%
| Year | ROE | Change |
|---|---|---|
| 2024 | 4.81% | -1052.49% |
| 2023 | -0.50% | -97.00% |
| 2022 | -16.84% | -437.89% |
| 2021 | 4.99% | 119.68% |
| 2020 | 2.27% | -73.51% |
| 2019 | 8.57% | 703.31% |
| 2018 | 1.07% | -384.99% |
| 2017 | -0.37% | -103.35% |
| 2016 | 11.16% | 132.95% |
| 2015 | 4.79% | -76.45% |
The current ROE of BlackRock Municipal Income Trust II (BLE) is greater than its 3-year, greater than its 5-year, and less than than its 10-year historical averages
3-year avg
-4.18%
5-year avg
-1.06%
10-year avg
1.99%
BlackRock Municipal Income Trust II’s ROE is less than BlackRock Municipal Income Trust (2.24%), less than BlackRock Limited Duration Income Trust (12.35%), less than BlackRock California Municipal Income Trust (1.12%), less than BlackRock Health Sciences Trust II (3.39%), less than BlackRock Multi-Sector Income Trust (8.59%), less than BlackRock Enhanced International Dividend Trust (7.46%), less than BlackRock Core Bond Trust (7.06%), less than BlackRock Municipal Income Quality Trust (1.50%), less than Invesco California Value Municipal Income Trust (3.26%), less than John Hancock Preferred Income Fund III (11.70%),
| Company | ROE | Market cap |
|---|---|---|
| 2.24% | $437.45M | |
| 12.35% | $532.54M | |
| 1.12% | $327.09M | |
| 3.39% | $1.57B | |
| 8.59% | $581.30M | |
| 7.46% | $524.83M | |
| 7.06% | $515.14M | |
| 1.50% | $283.38M | |
| 3.26% | $517.66M | |
| 11.70% | $470.74M |
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