Name: BLACKROCK MUNI INC TR II (BLE) Stock
Brand: BLACKROCK MUNI INC TR II
Rating: 5 (3 reviews)

Question 1

What does BLACKROCK MUNI INC TR II do?

Accepted Answer

BlackRock Municipal Income Trust II is a US-based company operating in  industry. The company is headquartered in Wilmington, Delaware. The company went IPO on 2002-07-26. BlackRock Municipal Income Trust II (The Fund) is a diversified, closed-end management investment company. The Fund’s investment objective is to provide current income exempt from regular the United States federal income tax. The company seeks to achieve its investment objective by investing primarily in municipal bonds exempt from the United States federal income taxes (except that the interest may be subject to the United States federal alternative minimum tax). The company invests, under normal market conditions, at least 80% of its managed assets in municipal bonds that are investment grade at the time of investment or, if unrated, determined to be of comparable quality by the investment adviser at the time of investment. The Fund may invest directly in such securities or synthetically through the use of derivatives. Its investment sectors include transportation, utilities, health, state, education, corporate, tobacco and housing. The investment advisor of the Trust is BlackRock Advisors, LLC.

Question 2

Can you provide the latest stock price for BLACKROCK MUNI INC TR II?

Accepted Answer

The current stock price of BLE is 10.56 USD. The price increased by 0.28% in the last trading session.

Question 3

How is the ChartMill rating for BLACKROCK MUNI INC TR II?

Accepted Answer

BLE has a ChartMill Technical rating of 8 out of 10 and a ChartMill Fundamental rating of 2 out of 10.

Question 4

Should I buy BLE stock?

Accepted Answer

This depends on your investment goals. Check the Technical and Fundamental Analysis tabs for insights on BLE.

Show Percentage Diff	MRQ (2024-1-31)	2023 (2023-7-31)	2022 (2021-8-31)	2021 (2020-8-31)	2020 (2019-8-31)
ASSETS
Current Assets
Cash	4.65M	N/A	0.00	2.02K	100.00K
Cash Equivalents	N/A	500.00K	1.30M	1.28M	300.00K
Receivables	4.45M	100.00K	3.40M	0.00	0.00
Other Current Assets	9.30K	100.00K	100.00K	0.00	0.00
Total Current Assets	9.10M	700.00K	4.80M	N/A	300.00K

Non-Current Assets
Investments And Advances	822.35M	925.90M	1.20B	569.50M	562.80M
Other Non-Current Assets	117.70K	100.00K	100.00K	N/A	N/A
Total Non-Current Assets	830.74M	935.30M	1.21B	N/A	569.30M

TOTAL ASSETS	839.84M	936.00M	1.21B	575.60M	569.60M

LIABILITIES
Current Liabilities
Short Term Debt	0.00	100.00K	0.00	300.00K	0.00
Accrued Expenses	579.60K	400.00K	100.00K	200.00K	400.00K
Other Current Liabilities	5.64M	15.40M	15.10M	1.80M	1.70M
Total Current Liabilities	6.22M	15.90M	15.20M	2.30M	2.10M

Non-Current Liabilities
Long Term Debt	251.11M	336.50M	458.70M	225.10M	210.80M
Other Non-Current Liabilities	N/A	0.00	0.00	N/A	0.00
Total Non-Current Liabilities	251.11M	336.50M	458.70M	225.00M	210.80M

TOTAL LIABILITIES	257.33M	352.40M	473.90M	227.30M	212.90M

SHAREHOLDERS' EQUITY
Retained Earnings	-71.60M	-75.80M	72.20M	23.10M	31.70M
Common Shares	654.11M	659.40M	666.30M	325.30M	325.00M
Shares Outstanding	47.73M	48.30M	48.70M	23.60M	23.50M
Tangible Book Value per Share	12.20	12.08	15.16	14.76	15.17
Total Shareholders' Equity	582.51M	583.60M	738.50M	348.30M	356.60M

TOTAL LIABILITIES AND EQUITY	839.84M	936.00M	1.21B	575.60M	569.60M

Statistics
Debt/Equity	0.43	0.58	0.62	0.65	0.59
Current Ratio	1.46	0.04	0.32	N/A	0.14
Return On Assets (ROA)	1.87%	-0.31%	3.04%	1.37%	5.36%
Return On Equity (ROE)	2.69%	-0.50%	4.99%	2.27%	8.57%
Return On Invested Capital (ROIC)	1.90%	1.85%	1.52%	2.38%	2.32%
Return On Invested Capital Ex Cash (ROICexc)	1.90%	1.86%	1.52%	2.38%	2.32%
Return On Invested Capital Ex Cash + Goodwill (ROICexgc)	1.90%	1.86%	1.52%	2.38%	2.32%

BLACKROCK MUNI INC TR II (BLE) Stock Overview

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