$9.84 0.09 (+0.92%)
11/25/2009 9:54 AM

BlackRock LT Municipal Advantage Trust (BTA)

CAPS Rating: 2 out of 5

Closed-end fund

Recs

1
Member Avatar ClearEyez (96.03) Submitted: 12/2/2008 12:58:38 PM : Outperform Start Price: $8.16 BTA Score: +19.77

I think munis are extremely undervalued....Out-yielding treasuries and are tax-free. But I do know treasuries are overvalued. However, this is even trading at a 13% discount to NAV and yeilding 9%. Think the risk reward is much better then S&P 500 so I will keep my green thumb on this.

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