DoD tests AI models that make it easy to switch from vendors like Palantir
In a challenging economic climate, BlackRock (NYSE:BLK) Long Term Muni Advantage Trust (BTA) stock has recorded a new 52-week low, dipping to $9.43. According to InvestingPro data, the fund maintains a notable 6.16% dividend yield and demonstrates relatively low price volatility with a beta of 0.71. This latest price level reflects the ongoing adjustments in the fixed-income market, as investors recalibrate their portfolios in response to fluctuating interest rates and municipal bond valuations. Despite market challenges, InvestingPro analysis reveals BTA has maintained dividend payments for 20 consecutive years, with a current P/E ratio of 10.78. Over the past year, BTA has experienced price movements reflecting broader market trends, while maintaining an overall "GOOD" financial health score according to InvestingPro metrics.
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