BlackRock Long-Term Municipal Advantage Trust

BlackRock Long-Term Municipal Advantage Trust is a closed-end fixed income mutual fund that invests primarily in long-term municipal bonds issued in the United States. The fund focuses on municipal obligations with maturities exceeding ten years at the time of investment and employs financial derivatives as part of its investment strategy. The fund was established on February 28, 2006 and is domiciled in the United States.

The fund is managed by BlackRock Advisors, LLC, a subsidiary of BlackRock, Inc., one of the largest asset management firms globally. BlackRock operates across the asset management sector, providing investment products and services to institutional and individual investors. As a closed-end fund structure, BlackRock Long-Term Municipal Advantage Trust trades on the New York Stock Exchange under the ticker BTA with a market capitalization of approximately $0.1 billion.