BlackRock Long-Term Municipal Advantage Trust Operating Income

The latest operating income for BTA is $-15M as of July 2025. That compares with $9.1M in the prior-year period — down 267.7% year over year. Investors often review this figure alongside BlackRock Long-Term Municipal Advantage Trust's historical trend and sector peers before judging valuation or financial health.

Over the past year, BTA's operating income moved from $9.1M to $-15M — a 267.7% year-over-year decrease. If the trend continues in the same direction for several quarters, it can signal a meaningful shift in BlackRock Long-Term Municipal Advantage Trust's operating scale or balance-sheet position.

A operating income figure of $-15M for BTA is a snapshot of scale on that line item. On its own it does not say whether the business is healthy — you also want growth rate, margins, and how the number compares with similar companies. Explore the charts below for those layers of context.

After noting BTA's operating income ($-15M), review year-over-year change from $9.1M, peer averages, and a few neighboring metrics such as revenue, margins, or valuation multiples. That combination usually beats staring at a single figure. The navigation links on this page jump you to those related views.