BlackRock Strategic Municipal Trust (BSD)
Chart Events
Performance Outlook
| Previous Close | 14.78 |
| Open | 14.73 |
| Bid | 0.00 x 2200 |
| Ask | 0.00 x 1000 |
| Day's Range | 14.73 - 14.82 |
| 52 Week Range | 11.84 - 16.02 |
| Volume | 11,003 |
| Avg. Volume | 11,705 |
| Market Cap | 107.869M |
| Beta (5Y Monthly) | 0.26 |
| PE Ratio (TTM) | 57.88 |
| EPS (TTM) | 0.25 |
| Earnings Date | Nov 18, 2016 - Nov 23, 2016 |
| Forward Dividend & Yield | 0.71 (4.80%) |
| Ex-Dividend Date | Apr 07, 2021 |
| 1y Target Est | N/A |
- Business Wire
BlackRock Announces Closing of Reorganizations of Four Municipal Closed-End Funds
BlackRock Advisors, LLC today announced that the reorganizations of each of The BlackRock Strategic Municipal Trust ("BSD", CUSIP: 09248T109), BlackRock MuniYield Investment Quality Fund ("MFT", CUSIP: 09254T100), BlackRock Municipal Income Investment Trust ("BBF", CUSIP: 09248H105) with and into BlackRock Municipal Income Trust II ("BLE", CUSIP: 09249N101 and together with BSD, MFT and BBF, the "Funds") (the "Reorganizations") is effective as of the opening for business of the New York Stock Exchange on Monday, April 12, 2021.
- Moody's
BlackRock Municipal Income Trust II -- Moody's affirms Aa1 rating of preferred shares issued by BlackRock Municipal Income Trust II following reorganizations
Rating Action: Moody's affirms Aa1 rating of preferred shares issued by BlackRock Municipal Income Trust II following reorganizationsGlobal Credit Research - 09 Apr 2021New York, April 09, 2021 -- Moody's Investors Service, ("Moody's") has affirmed the long-term Aa1 rating of Variable Rate Muni Term Preferred Shares (VMTP Shares) issued by BlackRock Municipal Income Trust II (NYSE: BLE) following the merger of three BlackRock closed-end funds into the fund.Effective 12 April, BlackRock Strategic Municipal Trust (NYSE: BSD), BlackRock MuniYield Investment Quality Fund (NYSE: MFT), and BlackRock Municipal Income Investment Trust (NYSE: BBF) will be merged with and into BLE. In connection with the reorganization, BLE has issued new VMTP Shares on a one-for-one basis and in the same amount as the retired preferred shares of the merged funds.
- Business Wire
BlackRock Announces Special Distributions Related to the Reorganization of Four Municipal Closed-End Funds
BlackRock Advisors, LLC today announced the declaration of a special distribution for The BlackRock Strategic Municipal Trust (NYSE: BSD), BlackRock MuniYield Investment Quality Fund (NYSE: MFT), BlackRock Municipal Income Investment Trust (NYSE: BBF), and BlackRock Municipal Income Trust II (NYSE: BLE and collectively with BSD, MFT and BBF, the "Funds," and each, a "Fund") in connection with the reorganizations of BSD, MFT, and BBF into BLE, with BLE continuing (the "Combined Fund") as the surviving Fund (the "Reorganizations").
