BlackRock Municipal Income Trust II chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share N/A
Dividend & Yield0.44$ (4.26%)
Beta 0.48
Market capitalization 504.2M
Operating cash flow 80.86M
ESG Scores unknown

Company description

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.

Sector: Financial Services - Industry: Asset Management

Financial Ratios
Quick Ratio0.1
Working Capital-0.24
Return On Equity0.05
Debt To Equity0.41
Fixed Asset Ratio-0.18
Fixed Interest Cover9.05

Financial data

Financial Statements

Cashflow Statement 2019-08-31 2020-08-31 2021-08-31 2022-07-31
Change To Liabilities
Total Cashflows From Investing Activities
Net Borrowings -7.98M 14.52M -10.37M -48.92M
Total Cash From Financing Activities -24.32M -1.65M -33.69M -79.68M
Change To Operating Activities 15.07k -227.25k -569.5k 491.83k
Issuance Of Stock 2.93M 2.93M 2.93M 2.93M
Net Income 30.55M 7.9M 36.82M -103.7M
Change In Cash 74.04k -336.84k 1.28M 1.18M
Effect Of Exchange Rate
Total Cash From Operating Activities 24.39M 1.32M 34.97M 80.86M
Depreciation
Change To Account Receivables 319.69k 358.03k 777.03k 1.93M
Other Cashflows From Financing Activities 100.99k 100.99k 100.99k 100.99k
Change To Netincome -6.49M -6.72M -2.05M 182.14M
Capital Expenditures

Income Statement 2019-08-31 2020-08-31 2021-08-31 2022-07-31
Research Development
Income Before Tax 30.55M 7.9M 36.82M -103.7M
Net Income 30.55M 7.9M 36.82M -103.7M
Selling General Administrative 3.37M 3.29M 4.84M 6.37M
Gross Profit 25.37M 24.05M 30.74M 42.06M
Ebit 22M 20.76M 25.9M 35.69M
Operating Income 22M 20.76M 25.9M 35.69M
Interest Expense -5.35M -3.52M -2.86M -5.35M
Income Tax Expense
Total Revenue 25.37M 24.05M 30.74M 42.06M
Cost Of Revenue
Total Other Income ExpenseNet 8.55M -12.86M 10.92M -139.39M
Net Income From Continuing Ops 30.55M 7.9M 36.82M -103.7M
Net Income Applicable To Common Shares 30.55M 7.9M 36.82M -103.7M

Balance Sheet Statement 2019-08-31 2020-08-31 2021-08-31 2022-07-31
Total Liabilities 212.93M 227.28M 473.86M 434.54M
Total Stockholder Equity 356.65M 348.33M 738.51M 615.64M
Other Current Liabilities 1.37M 1.44M 3.02M 2.58M
Total Assets 569.58M 575.61M 1.21B 1.05B
Common Stock 324.99M 325.26M 666.32M 669.29M
Other Current Assets 258.8k 1.4M 2.37M
Retained Earnings 31.66M 23.06M 72.2M -53.65M
Treasury Stock
Cash 78.04k 2.02k
Total Current Liabilities 61.63M 75.98M 171.16M 131.84M
Other Stockholder Equity
Property, Plant, and Equipment
Total Current Assets 6.79M 6.1M 16.91M 15.32M
Net Tangible Assets 356.65M 348.33M 738.51M 615.64M
Net Receivables 6.43M 6.07M 15.46M 12.93M
Accounts Payable 11.06M 14.03M


Insider Transactions

Here are the insider transactions of stock shares related to BlackRock Municipal Income Trust II:

Filer Name Transaction Text Ownership Date Filer Relation Shares
GABBAY HENRYPurchase at price 13.55 per share.D2019-01-16Director90
GABBAY HENRYPurchase at price 13.56 per share.D2019-01-15Director10
JAECKEL THEODORE R JRPurchase at price 12.76 per share.D2018-12-17Other Executive2.45k
HARRIS JERROLD B.Purchase at price 15.43 per share.I2016-02-12Director560
HARRIS JERROLD B.Purchase at price 15.60 per share.I2016-02-05Director4k
HARRIS JERROLD B.Purchase at price 15.25 per share.I2015-12-29Director1k
BANK OF AMERICA CORPPurchase at price 13.70 - 13.76 per share.I2011-08-01Beneficial Owner of more than 10% of a Class of Security2.3k
BANK OF AMERICA CORPSale at price 13.53 per share.I2011-08-01Beneficial Owner of more than 10% of a Class of Security2.3k
BANK OF AMERICA CORPPurchase at price 12.72 - 12.75 per share.I2011-01-24Beneficial Owner of more than 10% of a Class of Security800
BANK OF AMERICA CORPSale at price 12.71 - 12.73 per share.I2011-01-24Beneficial Owner of more than 10% of a Class of Security800
HARRIS JERROLD B.Purchase at price 14.40 per share.D/I2010-08-03Director6k
HARRIS JERROLD B.Purchase at price 14.32 per share.D2010-07-08Director3k
HARRIS JERROLD B.Purchase at price 14.31 per share.I2010-06-22Director2.48k
HARRIS JERROLD B.Purchase at price 14.23 per share.D2010-06-21Director1.5k
BANK OF AMERICA CORPPurchase at price 14.03 per share.I2010-04-30Beneficial Owner of more than 10% of a Class of Security1.02k
BANK OF AMERICA CORPSale at price 14.00 per share.I2010-04-29Beneficial Owner of more than 10% of a Class of Security1.02k
GABBAY HENRYPurchase at price 13.69 per share.D2010-01-15Director100
HARRIS JERROLD B.Purchase at price 15.27 per share.D2008-02-11Director100
HARRIS JERROLD B.Purchase at price 15.27 per share.I2008-02-11Director100
BECKWITH GEORGE NICHOLAS IIIPurchase at price 13.62 per share.D2007-12-20Director100
FELDSTEIN KATHLEEN FOLEY PH.D.Purchase at price 14.89 per share.D2005-02-09Director50
HUBBARD ROBERT GLENNPurchase at price 14.77 per share.D2005-02-04Director100
BLACKROCK FUNDING INCSale at price 13.11 - 13.12 per share.D2004-05-27Affiliated Person8.03k
KAPITO ROBERT SPurchase at price 13.00 per share.D2004-04-29Chief Executive Officer5k
KAPITO ROBERT SPurchase at price 14.50 per share.D2004-03-29Chief Executive Officer10k
BRIMMER ANDREW FELTONPurchase at price 13.78 per share.D2003-02-11Director25
KAPITO ROBERT SPurchase at price 13.35 per share.D2002-10-29Officer10k
LAFORCE JAMES CLAYBURN JRPurchase at price 14.45 per share.D2002-09-24Director50
KAPITO ROBERT SPurchase at price 15.02 per share.D2002-09-03Officer and Director1k
MONDALE WALTER FREDERICKPurchase at price 15.01 per share.D2002-08-30Director20
SCHLOSSTEIN RALPH LPurchase at price 15.06 per share.D2002-08-23Officer and Director100
FABOZZI FRANCIS JPurchase at price 15.04 per share.D2002-08-22Director10
CAVANAGH RICHARD EPurchase at price 15.03 per share.D2002-08-22Director100

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to BlackRock Municipal Income Trust II. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on BlackRock Municipal Income Trust II

Here is the result of two systematic investment strategies applied to BlackRock Municipal Income Trust II. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on BlackRock Municipal Income Trust II

The following chart shows the equity curve of the two systematic investment strategies applied to BlackRock Municipal Income Trust II:

BlackRock Municipal Income Trust II automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 6.68% on the backtest period.

Performance at glance

Performance

6.68 %

Latent gain

150.74 $

Invested capital

2257.82 $

Annualized return

1.61 %
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Momentum strategy results on BlackRock Municipal Income Trust II

This is the result of two momentum investment strategies applied to BlackRock Municipal Income Trust II. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on BlackRock Municipal Income Trust II

The following chart shows all the entries opened by the momentum investment system on BlackRock Municipal Income Trust II:

BlackRock Municipal Income Trust II momentum entries
  • The first momentum investment strategy would give 7.82% of return on BlackRock Municipal Income Trust II. That represents 352.7$ of latent gain with 4511.34$ of employed capital.
  • The second momentum investment strategy would give 7.74% of return on BlackRock Municipal Income Trust II. That represents 330.31$ of latent gain with 4267.85$ of employed capital.
Performance at glance (1Q Momentum)

Performance

7.82 %

Latent gain

352.7 $

Invested capital

4511.34 $

Annualized return

2.03 %
Performance at glance (2Q Momentum)

Performance

7.74 %

Latent gain

330.31 $

Invested capital

4267.85 $

Annualized return

2.11 %

Momentum equity curve on BlackRock Municipal Income Trust II

The following chart shows the equity curve of the two momentum strategies applied to BlackRock Municipal Income Trust II:

BlackRock Municipal Income Trust II momentum equity

Note: the dividends potentially given by BlackRock Municipal Income Trust II are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on BlackRock Municipal Income Trust II

The following chart shows the employed capital evolution of the two momentum strategies on BlackRock Municipal Income Trust II since the beginning:

BlackRock Municipal Income Trust II

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Buy the dip strategy result on BlackRock Municipal Income Trust II

Buy the dip entry openings on BlackRock Municipal Income Trust II

BlackRock Municipal Income Trust II

The performance achieved by the robo-advisor on BlackRock Municipal Income Trust II is 4.35%. That represents 32.58$ of latent gain with 749.42$ of employed capital. The following chart shows BlackRock Municipal Income Trust II stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of BlackRock Municipal Income Trust II, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

4.35 %

Latent gain

32.58 $

Invested capital

749.42 $

Annualized return

2.03 %

Equity curve of the strategy applied to BlackRock Municipal Income Trust II

The following chart shows the result of the investment strategy applied to BlackRock Municipal Income Trust II:

BlackRock Municipal Income Trust II

Note: the dividends potentially given by BlackRock Municipal Income Trust II are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on BlackRock Municipal Income Trust II

The following chart shows the employed capital evolution since the beginning of the investment strategy on BlackRock Municipal Income Trust II:

BlackRock Municipal Income Trust II

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on BlackRock Municipal Income Trust II

In this section, I will compare the three previous investment strategies applied to BlackRock Municipal Income Trust II.

Equity curve comparison on BlackRock Municipal Income Trust II

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

BlackRock Municipal Income Trust II investment strategy comparison

Employed capital comparison on BlackRock Municipal Income Trust II

BlackRock Municipal Income Trust II investment comparison

Performance comparison on BlackRock Municipal Income Trust II

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 6.68% 150.74$ 2257.82$ 1.61%
Momentum 1 quarter 7.82% 352.7$ 4511.34$ 2.01%
Momentum 2 quarters 7.74% 330.31$ 4267.85$ 2.11%
Non-directional 4.35% 32.58$ 749.42$ 2.03%
Annualized return comparison

Automatic investment

1.61 %

Momentum 1Q

2.11 %

Momentum 2Q

2.11 %

Non-directional

2.03 %

Correlated stocks

Here are the most positively and negatively correlated stocks with BlackRock Municipal Income Trust II:

Positive correlations

Most correlated stocks this year

  • BlackRock Municipal Income Trust II

  • Most correlated stocks last 3 months

  • BlackRock Municipal Income Trust II
  • Invesco Quality Municipal Income Trust

  • Negative correlation

    Most negatively correlated stocks this year


    Most negatively correlated stocks last 3 months

  • WECON HOLDINGS
  • VINCENT MED
  • TSIT WING INTL

  • Note: The algorithm computes the probability of correlation between BlackRock Municipal Income Trust II and the other stocks. There may be false positives or some missing correlated stocks. If the price of BlackRock Municipal Income Trust II does not vary for 36 weeks, the correlation calculation result will be wrong.


    Company information

    Company name BlackRock Municipal Income Trust II
    Country United States
    City New York
    Address 55 East 52nd Street
    Phone 212 810 5300
    Website www.blackrock.com/investing/products/240222/blackrock-municipal-income-trust-ii-usd-fund
    FullTime employees
    Industry Asset Management
    Sector Financial Services
    Exchange XNYS
    Ticker BLE
    Market www.nyse.com

    BlackRock Municipal Income Trust II ESG Scores

    Environment scores

    Environment ESG Factors Scores
    Environment Score 0
    Peer Environment Performance unknown
    Environment Percentile unknown
    Palm Oil unknown
    Nuclear unknown
    Fur Leather unknown
    GMO unknown
    Coal unknown
    Pesticides unknown
    Animal Testing unknown

    Social scores

    Social ESG Factors Scores
    Social Score 0
    Peer Social Performance unknown
    Social Percentile unknown
    Highest Controversy unknown
    Peer Highest Controversy Performance unknown
    Adult unknown
    Gambling unknown
    Alcoholic unknown
    Tobacco unknown
    Catholic unknown
    Controversial Weapons unknown
    Small Arms unknown
    Military Contract unknown
    Peer Count unknown

    Related Controversy:


    Governance scores

    Governance ESG Factors Scores
    Governance Score 0
    Peer Governance Performance unknown
    Governance Percentile unknown

    ESG at glance
    Total ESG Scores: unknown
    Environment Score: 0
    Social Score: 0
    Governance Score: 0

    ESG Performance: unknown

    Peer Group: unknown

    Peer Esg Score Performance: unknown

    Rating Year: unknown

    Rating Month: unknown

    Max Age: unknown

    Percentile: unknown