BlackRock Virginia MBT
Blackrock Virginia Municipal Bond 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 United States. It primarily invests in the investment grade municipal bonds exempt from federal income taxes and Virginia personal income taxes. Blackrock Virginia Municipal Bond Trust was formed on Apr… Read more
BlackRock Virginia MBT (BHV) - Net Assets
Latest net assets as of July 2025: $17.38 Million USD
Based on the latest financial reports, BlackRock Virginia MBT (BHV) has net assets worth $17.38 Million USD as of July 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($29.08 Million) and total liabilities ($11.70 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $17.38 Million |
| % of Total Assets | 59.76% |
| Annual Growth Rate | -4.12% |
| 5-Year Change | -58.45% |
| 10-Year Change | -34.32% |
| Growth Volatility | 30.08 |
BlackRock Virginia MBT - Net Assets Trend (2006–2025)
This chart illustrates how BlackRock Virginia MBT's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for BlackRock Virginia MBT (2006–2025)
The table below shows the annual net assets of BlackRock Virginia MBT from 2006 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-07-31 | $17.38 Million | -12.30% |
| 2024-07-31 | $19.82 Million | -0.70% |
| 2023-07-31 | $19.96 Million | -7.01% |
| 2022-07-31 | $21.46 Million | -48.69% |
| 2021-07-31 | $41.83 Million | +69.14% |
| 2020-07-31 | $24.73 Million | -41.34% |
| 2019-07-31 | $42.15 Million | +75.59% |
| 2018-07-31 | $24.01 Million | -4.80% |
| 2017-07-31 | $25.22 Million | -4.71% |
| 2016-07-31 | $26.46 Million | +4.44% |
| 2015-07-31 | $25.34 Million | -0.15% |
| 2014-07-31 | $25.37 Million | +14.01% |
| 2013-07-31 | $22.26 Million | -15.91% |
| 2012-07-31 | $26.47 Million | +9.57% |
| 2011-07-31 | $24.16 Million | -3.92% |
| 2010-07-31 | $25.14 Million | -29.23% |
| 2008-07-31 | $35.53 Million | -5.47% |
| 2007-07-31 | $37.58 Million | -2.72% |
| 2006-07-31 | $38.63 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to BlackRock Virginia MBT's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 237.3% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (July 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $22.00 Million | 126.58% |
| Total Equity | $17.38 Million | 100.00% |
BlackRock Virginia MBT Competitors by Market Cap
The table below lists competitors of BlackRock Virginia MBT ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
WILLIAMS GP HD G-CT - Dusseldorf Stock Exchang
DU:WGF1
|
$99.14K |
|
Canoe EIT Income Fund
PINK:ENDTF
|
$99.18K |
|
FS KKR Capital Corp
NYSE:FSK
|
$99.22K |
|
Arctic Falls
ST:ARFA
|
$99.26K |
|
331660
KO:331660
|
$99.06K |
|
I-TEK ORD A (SHH) EQSW Exp:
SHG:688610
|
$99.05K |
|
Westin Acquisition Corp Units
NASDAQ:WSTNU
|
$98.99K |
|
Tadano Ltd
OTCGREY:TDNOF
|
$98.97K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in BlackRock Virginia MBT's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 19,816,516 to 17,380,028, a change of -2,436,488 (-12.3%).
- Net loss of 1,493,073 reduced equity.
- Dividend payments of 1,002,895 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-1.49 Million | -8.59% |
| Dividends Paid | $1.00 Million | -5.77% |
| Other Changes | $59.48K | +0.34% |
| Total Change | $- | -12.30% |
Book Value vs Market Value Analysis
This analysis compares BlackRock Virginia MBT's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.98x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has increased from 0.67x to 0.98x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2010-07-31 | $16.02 | $10.71 | x |
| 2011-07-31 | $15.33 | $10.71 | x |
| 2012-07-31 | $16.74 | $10.71 | x |
| 2013-07-31 | $14.03 | $10.71 | x |
| 2014-07-31 | $15.95 | $10.71 | x |
| 2015-07-31 | $15.90 | $10.71 | x |
| 2016-07-31 | $16.49 | $10.71 | x |
| 2017-07-31 | $13.73 | $10.71 | x |
| 2018-07-31 | $14.97 | $10.71 | x |
| 2019-07-31 | $15.64 | $10.71 | x |
| 2020-07-31 | $15.38 | $10.71 | x |
| 2021-07-31 | $15.73 | $10.71 | x |
| 2022-07-31 | $0.00 | $10.71 | x |
| 2023-07-31 | $12.44 | $10.71 | x |
| 2024-07-31 | $12.48 | $10.71 | x |
| 2025-07-31 | $10.94 | $10.71 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently BlackRock Virginia MBT utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -8.59%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -148.76%
- • Asset Turnover: 0.03x
- • Equity Multiplier: 1.67x
- Recent ROE (-8.59%) is below the historical average (2.59%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 4.47% | 73.65% | 0.06x | 1.01x | $-2.13 Million |
| 2007 | 1.75% | 33.10% | 0.05x | 1.00x | $-3.10 Million |
| 2008 | 2.82% | 42.86% | 0.06x | 1.04x | $-2.55 Million |
| 2010 | 13.86% | 97.95% | 0.09x | 1.61x | $971.15K |
| 2011 | 2.66% | 87.21% | 0.02x | 1.58x | $-1.77 Million |
| 2012 | 14.36% | 97.51% | 0.09x | 1.60x | $1.15 Million |
| 2013 | -12.84% | 0.00% | -0.07x | 1.67x | $-5.08 Million |
| 2014 | 17.42% | 98.22% | 0.11x | 1.63x | $1.88 Million |
| 2015 | 4.99% | 94.61% | 0.03x | 1.58x | $-1.27 Million |
| 2016 | 8.91% | 93.23% | 0.06x | 1.59x | $-287.66K |
| 2017 | -0.36% | -193.06% | 0.00x | 1.65x | $-2.61 Million |
| 2018 | -0.05% | -8.14% | 0.00x | 1.81x | $-2.41 Million |
| 2019 | 8.46% | 92.58% | 0.05x | 1.68x | $-387.23K |
| 2020 | 1.85% | 75.95% | 0.01x | 1.67x | $-2.02 Million |
| 2021 | 5.70% | 94.19% | 0.04x | 1.65x | $-1.09 Million |
| 2022 | -15.68% | -298.59% | 0.03x | 1.69x | $-5.51 Million |
| 2023 | -4.07% | 0.00% | -0.02x | 1.74x | $-2.81 Million |
| 2024 | 3.48% | 75.28% | 0.03x | 1.59x | $-1.29 Million |
| 2025 | -8.59% | -148.76% | 0.03x | 1.67x | $-3.23 Million |
Industry Comparison
This section compares BlackRock Virginia MBT's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $310,488,743
- Average return on equity (ROE) among peers: -23.81%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| BlackRock Virginia MBT (BHV) | $17.38 Million | 4.47% | 0.67x | $99.11K |
| Aberdeen International Inc (AABVF) | $136.31 Million | 25.56% | 0.23x | $2.78 Million |
| Acadian Asset Management Inc (AAMI) | $-17.60 Million | 0.00% | 0.00x | $1.39 Billion |
| AllianceBernstein Holding L.P. (AB) | $402.30 Million | 32.07% | 0.95x | $3.43 Billion |
| VIVO Cannabis Inc (ABCCF) | $164.13 Million | 16.36% | 0.09x | $148.26 Million |
| Associated Capital Group Inc (AC) | $502.13 Million | 5.33% | 0.17x | $42.54 Million |
| Adrian Resources Ltd (ADLRF) | $605.01 Million | 3.35% | 0.58x | $609.82 Million |
| Abrdn Emerging Markets Equity Income Fund Inc (AEF) | $85.10 Million | -65.65% | 0.01x | $77.20K |
| AGF Management Limited (AGFMF) | $1.12 Billion | 10.14% | 3.56x | $298.43 Million |
| Agronomics Limited (AGNMF) | $100.03 Million | 1.02% | 0.02x | $57.14 Million |
| AgriFORCE Growing Systems Ltd (AGRI) | $6.11 Million | -266.31% | 0.76x | $2.71 Million |