BlackRock Long-Term Municipal Advantage Trust’s’ (BTA) “Sell” Rating Reiterated at Citigroup

Citigroup reiterated their sell rating on shares of BlackRock Long-Term Municipal Advantage Trust’s ( LON:BTA – Free Report ) in a research note published on Tuesday morning, MarketBeat Ratings reports. BlackRock Long-Term Municipal Advantage Trust’s Price Performance About BlackRock Long-Term Municipal Advantage Trust’s ( Get Free Report ) BlackRock Long-Term Municipal Advantage Trust’s (BTA) (the ‘Trust’) investment objective is to provide current income exempt from regular federal income tax. The Trust seeks to achieve its investment objective by investing, under normal market conditions, at least 80% of its assets in municipal obligations and derivative instruments with exposure to such municipal obligations, in each case that are exempt from federal income tax (except that the interest may be subject to the federal alternative minimum tax).

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