Sentiment for Blackrock Municipal 2020 Term Trust (NYSE:BKK)
Blackrock Municipal 2020 Term Trust (NYSE:BKK) institutional sentiment increased to 2.71 in 2015 Q3. Its up 1.08, from 1.63 in 2015Q2. The ratio is better, as 13 active investment managers increased or opened new equity positions, while 8 cut down and sold stock positions in Blackrock Municipal 2020 Term Trust. The active investment managers in our partner’s database now own: 1.70 million shares, down from 1.82 million shares in 2015Q2. Also, the number of active investment managers holding Blackrock Municipal 2020 Term Trust in their top 10 equity positions decreased from 1 to 0 for a decrease of 1. Sold All: 4 Reduced: 4 Increased: 7 New Position: 6.
BlackRock Municipal 2020 Term Trust is a closed-end management investment trust. The company has a market cap of $326.22 million. The Trust’s investment is to provide current income exempt from regular federal income tax and to return $15 per Common Share to holders of Common Shares on or about December 31, 2020. It currently has negative earnings. The Trust seeks to achieve its investment objectives by investing, under normal market conditions, at least 80% of its assets in municipal bonds exempt from federal income taxes (except that the interest may be subject to the federal alternative minimum tax).
The stock closed at $16.07 during the last session. It is down 1.71% since August 7, 2015 and is uptrending. It has outperformed by 4.50% the S&P500.
Lehman Financial Resources Inc. holds 2.19% of its portfolio in Blackrock Municipal 2020 Term Trust for 274,100 shares. Walter & Keenan Financial Consulting Co Mi Adv owns 103,100 shares or 1% of their US portfolio. Moreover, Smith Moore & Co. has 0.16% invested in the company for 19,783 shares. The California-based Concert Wealth Management Inc. has invested 0.04% in the stock. Cambridge Trust Co, a Massachusetts-based fund reported 21,975 shares.#img1#
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