BlackRock Long-Term Municipal Advantage Trust (the Trust) is a non-diversified, closed-end management investment company. The Trust?ÇÖs investment objective is to provide current income, which in the opinion of bond counsel to the issuer, is exempt from regular Federal income tax. Under normal market conditions, the Trust will invest at least 80% of its total assets in municipal bonds, municipal securities and derivative instruments with exposure to such bonds and securities, in each case that are expected to pay interest or income that is exempt from regular Federal income tax. The Trust may invest up to 25% of its net assets in residual interest municipal tender option bonds.
Residual interest municipal tender option bonds represent beneficial interests in a special purpose trust formed by a third party sponsor for the purpose of holding municipal bonds purchased from the Trust or from another third party. The Trust's investment advisor is BlackRock Advisors, Inc.
100 Bellevue Pkwy
The company trades on NYSE exchange. The company headquarter is located in Delaware, DE.| Ticker | BTA |
| Long Name | BlackRock Long-Term Municipal Advantage Trust |
| Short Name | BlackRock Long-Term Municipal Advantage Trust |