BlackRock Long-Term Municipal Advantage Trust - Asset Resilience Ratio
BlackRock Long-Term Municipal Advantage Trust (BTA) has an Asset Resilience Ratio of 1.47% as of July 2025. The Asset Resilience Ratio measures the percentage of a company's total assets that are held in liquid form (cash and short-term investments). This metric indicates how well-positioned the company is to handle unexpected financial challenges, economic downturns, or strategic opportunities without requiring external financing. Check BlackRock Long-Term Municipal Advantage strategic asset allocation index to assess the company's strategic physical and investment asset allocation.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2015–2025)
This chart shows how BlackRock Long-Term Municipal Advantage Trust's Asset Resilience Ratio has changed over time. See BlackRock Long-Term Municipal Advantage balance sheet independence to measure how much of total assets are equity-financed.
Liquid Assets Composition Over Time
This chart breaks down BlackRock Long-Term Municipal Advantage Trust's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. For market capitalisation and broader financial context, see market value of BlackRock Long-Term Municipal Advantage .
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0% |
| Short-term Investments | $3.12 Million | 1.47% |
| Total Liquid Assets | $3.12 Million | 1.47% |
Asset Resilience Insights
- Limited Liquidity: BlackRock Long-Term Municipal Advantage Trust maintains only 1.47% of assets in liquid form.
- This low level may indicate efficient asset utilization but could pose risks during economic downturns.
- The company has significant short-term investments, indicating active treasury management.
BlackRock Long-Term Municipal Advantage Trust Industry Peers by Asset Resilience Ratio
Compare BlackRock Long-Term Municipal Advantage Trust's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Smart Agro LP
TA:SMAG |
Asset Management | 25.62% |
|
Sprott Physical Gold and Silver Trust
TO:CEF |
Asset Management | 99.66% |
|
Australian Foundation Investment Company Ltd
AU:AFI |
Asset Management | 0.00% |
|
Sprott Inc.
TO:SII |
Asset Management | 1.84% |
|
Insignia Financial Ltd
AU:IFL |
Asset Management | 5.74% |
|
MFF Capital Investments Ltd
AU:MFF |
Asset Management | 93.74% |
|
BlackRock Capital Allocation Trust
NYSE:BCAT |
Asset Management | 0.01% |
|
Wam Leaders Ltd
AU:WLE |
Asset Management | 95.44% |
Annual Asset Resilience Ratio for BlackRock Long-Term Municipal Advantage Trust (2015–2025)
The table below shows the annual Asset Resilience Ratio data for BlackRock Long-Term Municipal Advantage Trust.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2025-07-31 | 1.47% | $3.12 Million | $211.64 Million | +0.10pp |
| 2024-07-31 | 1.37% | $3.17 Million | $231.56 Million | +20.51pp |
| 2022-07-31 | -19.14% | $-49.61 Million | $259.18 Million | +3.81pp |
| 2021-07-31 | -22.95% | $-67.48 Million | $293.96 Million | +0.78pp |
| 2020-07-31 | -23.74% | $-63.01 Million | $265.45 Million | +5.74pp |
| 2019-07-31 | -29.48% | $-82.56 Million | $280.10 Million | -30.35pp |
| 2018-07-31 | 0.87% | $2.48 Million | $283.91 Million | +0.70pp |
| 2017-07-31 | 0.18% | $489.60K | $277.60 Million | -- |
| 2016-07-31 | 0.00% | $0.00 | $283.70 Million | -- |
| 2015-07-31 | 0.00% | $0.00 | $253.80 Million | -- |
About BlackRock Long-Term Municipal Advantage Trust
BlackRock Long-Term Municipal Advantage Trust is a closed ended fixed income mutual fund launched by BlackRock, Inc. It is managed by BlackRock Advisors, LLC. The fund invests in fixed income markets of the United States. It uses financial derivatives to invest in municipal obligations. The fund primarily invests in long-term municipal bonds with a maturity of more than ten years at the time of i… Read more