# BlackRock Taxable Municipal Bond Trust Common Shares of Beneficial Interest (BBN) fundamentals

Data as of 2026-09-08. NYSE, United States. Sector: Financial Services / Capital Markets. Price $15.65, market value $967 million.

## Valuation
- **P/E (trailing): 16.0×** (5-yr avg 41.4×, 3-yr avg 41.4×). BlackRock Taxable Municipal Bond Trust Common Shares of Beneficial Interest trades at 16.0× trailing earnings, well below its own five-year average of 41.4×: cheap by its own standards. The Financial Services median in the September 2026 study was 13.1×.
- **Price / sales: 12.2×**. Each dollar of revenue is priced at 12.2×, a level that requires very high margins or very fast growth to justify.
- **Price / book: 0.9×**. The shares trade below book value, which can signal a bargain or a balance sheet the market doubts.
- **Free-cash-flow yield: 1.3%** (5-yr avg 18.2%). Free cash flow equals 1.3% of the market value, below its five-year average of 18.2%, so the shares are pricier on cash than usual.
- **Earnings yield: 6.3%**. The inverse of the P/E: 6.3% of the price is earned each year.

## Profitability
- **Net margin: 99.3%**. 99.3% of each dollar of sales reaches the bottom line.
- **Return on equity: 7.4%**. 7.4% on shareholders' equity is weak; the business earns little on the capital its owners have in it.
- **Return on assets: 4.8%**. Each dollar of assets produces 4.8% of profit; low single digits are normal for banks and insurers.

## Growth
- **Revenue growth (1 yr): 520.9%**. Revenue grew 520.9% over the last year.
- **Free-cash-flow growth (3 yr): -62.7%/yr**. Free cash flow has compounded at -62.7% a year over three years.

## Dividends
- **Dividend yield: 7.56%** ($1.18 per share, trailing). BlackRock Taxable Municipal Bond Trust Common Shares of Beneficial Interest yields 7.56%, high enough to check carefully: yields this high often precede a cut.
- **Payout ratio: 89%** (545% of free cash flow). 89% of earnings goes out as dividends, leaving a thin cushion.
- **Consecutive years of increases: 1**. 1 straight year of increases.
- **Dividend growth (5 yr): -3.4%/yr** (1-yr 2.7%). The dividend has not grown over five years.

## Price and momentum
- **Total return (1 yr): 1.7%** (YTD 0.1%, 3-mo -0.7%). The shares are up 1.7% over twelve months including dividends.
- **From 52-week high: -10.3%** (1.2% above the low). Trading 10% below its 52-week high.
- **200-day average: below**. The price sits below its 200-day moving average, the usual definition of a downtrend.
- **RSI (14-day): 40**. An RSI of 40 is neutral.
- **Beta (1 yr): 0.21** (volatility 9%). Beta of 0.21 against the S&P 500: the shares move much less than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=BBN · Page: https://foliofundamentals.com/stocks/bbn

Not investment advice.